4down Distribution Limited

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Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Chartered Accountant's report to the director on the preparation of the unaudited statutory accounts of 4down Distribution Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of 4down Distribution Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of 4down Distribution Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of 4down Distribution Limited and state those matters that we have agreed to state to the director of 4down Distribution Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 4down Distribution Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that 4down Distribution Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of 4down Distribution Limited . You consider that 4down Distribution Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of 4down Distribution Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

29/07/2026

TLC Tax Ltd

Chartered Accountants

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4down Distribution Limited

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 05728527

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		26,966		27,859

			26,966		27,859
CURRENT ASSETS
Stocks	5	204,580		234,781
Debtors	6	79,049		66,055
Cash at bank and in hand		1,349		10,031

		284,978		310,867
Creditors: Amounts Falling Due Within One Year	7	(213,246 )		(217,713 )

NET CURRENT ASSETS (LIABILITIES)			71,732		93,154

TOTAL ASSETS LESS CURRENT LIABILITIES			98,698		121,013

Creditors: Amounts Falling Due After More Than One Year	8		(274,133 )		(307,015 )

NET LIABILITIES			(175,435 )		(186,002 )

CAPITAL AND RESERVES
Called up share capital	10		200		200
Profit and Loss Account			(175,635 )		(186,202 )

SHAREHOLDERS' FUNDS			(175,435)		(186,002)

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4down Distribution Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

I Morris

Director

29/07/2026

The notes on pages 4 to 6 form part of these financial statements.

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4down Distribution Limited

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

4down Distribution Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05728527 . The registered office is Unit 6 North Ridge Business Park, Haywood Way, Hastings, East Sussex, TN35 4PP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Improvements to property	not povided
Plant & Machinery	15% on reducing blance
Fixtures & Fittings	25% on reducing balane
Computer Equipment	33% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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4down Distribution Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 6)

4. Tangible Assets

	Land & Property
	Improvements to property	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	22,015	25,046	81,464	54,064	182,589
Additions	-	-	-	499	499

As at 31 March 2026	22,015	25,046	81,464	54,563	183,088

Depreciation
As at 1 April 2025	-	21,990	78,771	53,969	154,730
Provided during the period	-	458	673	261	1,392

As at 31 March 2026	-	22,448	79,444	54,230	156,122

Net Book Value
As at 31 March 2026	22,015	2,598	2,020	333	26,966

As at 1 April 2025	22,015	3,056	2,693	95	27,859

5. Stocks

	2026	2025
	£	£
Stock	204,580	234,781

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	66,456	59,714
Other debtors	12,593	6,341

	79,049	66,055

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4down Distribution Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	19,169	35,103
Bank loans and overdrafts	119,236	74,012
Other creditors	58,523	96,036
Taxation and social security	16,318	12,562

	213,246	217,713

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	10,648
Amounts owed to group undertakings	274,133	296,367

	274,133	307,015

9. Secured Creditors

Of the creditors the following amounts are secured.

There are two debentures over the company, with fixed and floating charges over the undertakings and all property and assets present and future. There is a legal mortgage attached to the property owned by the holding company as security for the debts.

	2026		2025
	£		£
Bank loans and overdrafts	117,468		72,424

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

11. Related Party Transactions

A directors loan account exists to which there are no terms attached.

The company is a 100% subsidiary of Hubb Holdings Limited. An intercompany loan exists to which there are no terms attached.

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