REGISTERED NUMBER: 10562222 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

4 Degrees Plumbing Ltd

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

Fixed assets

Tangible assets

4

1,613

1,938

Current assets

Stocks

24,344

15,603

Debtors

5

39,857

48,705

Cash at bank

8,304

1,347

72,505

65,655

Creditors

Amounts falling due within one year

6

62,549

64,515

Net current assets

9,956

1,140

Total assets less current liabilities

11,569

3,078

Creditors

Amounts falling due after more than one year

7

12,676

12,676

Net liabilities

(1,107

)

(9,598

)

Capital and reserves

Called up share capital

8

100

100

Retained earnings

(1,207

)

(9,698

)

Shareholders' funds

(1,107

)

(9,598

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 July 2026 and were signed by:

Mr M R Ford - Director

1.	STATUTORY INFORMATION

4 Degrees Plumbing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10562222

Registered office:

Abacus House

129 North Hill

Plymouth

Devon

PL4 8JY

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The financial statements have been prepared on the going concern basis. The basis assumes that the company will have sufficient funding available to enable it to continue to operate for the foreseeable future with the support of the director, who believes that the going concern basis of preparation remains appropriate in the company's circumstances.

Turnover

Turnover represents income earned from plumbing services provided during the year, net of discounts and value added taxes. Income is recognised when the plumbing services have been completed and the company becomes entitled to payment.Work in progress at the year end represents plumbing services that have commenced but are not yet complete. No turnover is recognised on work in progress until the related services have been completed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 February 2025

and 31 January 2026

3,890

16,338

20,228

Depreciation

At 1 February 2025

1,952

16,338

18,290

Charge for year

325

-

325

At 31 January 2026

2,277

16,338

18,615

Net book value

At 31 January 2026

1,613

-

1,613

At 31 January 2025

1,938

-

1,938

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

23,198

33,525

Other debtors

16,659

15,180

39,857

48,705

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

10,000

10,000

Taxation and social security

47,800

49,390

Other creditors

4,749

5,125

62,549

64,515

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

12,676

12,676

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

Mr M R Ford

Balance outstanding at start of year

8,833

9,671

Amounts advanced

31,432

32,650

Amounts repaid

(42,273

)

(33,488

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,008

)

8,833

At the balance sheet date the company owed £2,008 to M Ford, the sole director and shareholder. The amount is interest free, unsecured and carries no fixed term of repayment.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M R Ford.