ACCOUNTS - Final Accounts

Registered number: 14119799

PIGEON CAPITAL MANAGEMENT 4 LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

PIGEON CAPITAL MANAGEMENT 4 LIMITED

REGISTERED NUMBER: 14119799

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


CURRENT ASSETS
Stocks	4	1,998,817		1,692,139
Debtors: amounts falling due within one year	5	38,050		96,195
Cash at bank and in hand		-		26,683
		2,036,867		1,815,017
Creditors: amounts falling due within one year	6	(1,023,800)		(796,642)
NET CURRENT ASSETS			1,013,067		1,018,375

NET ASSETS			1,013,067		1,018,375

CAPITAL AND RESERVES
Called up share capital	7	1	1
Other reserves		1,562,500	1,562,500
Profit and loss account		(549,434)	(544,126)
		1,013,067	1,018,375

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PIGEON CAPITAL MANAGEMENT 4 LIMITED

REGISTERED NUMBER: 14119799

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A J F Buxton

Director

Date: 10 November 2025

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PIGEON CAPITAL MANAGEMENT 4 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	GENERAL INFORMATION

Pigeon Capital Management 4 Limited is a private company limited by shares, incorporated in England
and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The principal trading address is Linden Square, 146 Kings Road, Bury St Edmunds, Suffolk, IP33 3DJ.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

STOCKS

Stocks and work in progress are valued at the lower of cost and net realiable value and comprise development costs capitalised and carried forward under ongoing projects.

Capitalised development costs are written off to the profit and loss account in the period in which losses are first foreseen.

2.3

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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PIGEON CAPITAL MANAGEMENT 4 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.6

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration.

4.	STOCKS
		2025	2024
		£	£

	Work in progress	1,998,817	1,692,139

5.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

					2025	2024
					£	£


Other debtors	37,680	94,770
Prepayments and accrued income	370	1,425
	38,050	96,195

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PIGEON CAPITAL MANAGEMENT 4 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Bank overdrafts	73,560	-
Trade creditors	162,237	274,931
Amounts owed to group undertakings	785,403	519,276
Accruals and deferred income	2,600	2,435
	1,023,800	796,642

7.	SHARE CAPITAL
		2025	2024
		£	£

ALLOTTED, CALLED UP AND FULLY PAID

100 Ordinary shares of £0.01 each	1	1

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