REGISTERED NUMBER: 13795127 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

40 Percent Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R S Thalemann

S J Hewitt

REGISTERED OFFICE:

The Mews Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

REGISTERED NUMBER:

13795127 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Tangible assets

4

-

18

CURRENT ASSETS

Debtors

5

40,448

21,429

Cash at bank

17,013

9,996

57,461

31,425

CREDITORS

Amounts falling due within one year

6

24,296

16,036

NET CURRENT ASSETS

33,165

15,389

TOTAL ASSETS LESS CURRENT LIABILITIES

33,165

15,407

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

33,065

15,307

SHAREHOLDERS' FUNDS

33,165

15,407

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2026 and were signed on its behalf by:

S J Hewitt - Director

1.	STATUTORY INFORMATION

40 Percent Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

1,798

DEPRECIATION

At 1 April 2025

1,780

Charge for year

18

At 31 March 2026

1,798

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

18

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

36,376

21,344

Other debtors

4,072

85

40,448

21,429

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

16,967

10,742

Other creditors

7,329

5,294

24,296

16,036

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

S J Hewitt

Balance outstanding at start of year

3,761

2,758

Amounts advanced

1,519

2,077

Amounts repaid

-

(1,074

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,280

3,761

R S Thalemann

Balance outstanding at start of year

633

1,963

Amounts advanced

1,022

1,448

Amounts repaid

(507

)

(2,778

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,148

633