The main concern here is whether you took more than a recommended daily and more than a recommended single dose. That being said, people are different (in body mass, metabolism, health status etc.), so we can talk about probabilities, but not give a definite answer if something will happen.
The doses for acetaminophene (paracetamol):
The usual adult dose by mouth is 0.5 to 1 g every 4 to 6 hours up to a maximum of 4 g daily
The doses for dyphenhydramine:
For most indications, diphenhydramine hydrochloride is given by mouth in usual doses of 25 to 50 mg three or four times daily
For phenylephrine:
For nasal congestion [...] phenylephrine hydrochloride may be given by mouth in doses up to 20 mg every four hours.
If you are taking the medicine every 4 hours that's 6 times a day. You can see that by taking the medication one hour earlier once does not push your dose over the recommended limits. However, as I said, everyone is different and should you notice any symptoms or side effects you should contact your healthcare provider. Also, if you have any questions about your therapy your doctor and/or pharmacist are the best person to ask.
That being said: are these doses recommended by a doctor, or have you decided to take the medicine every 4 hours yourself? You can see that, with this regimen, your are pushing the doses towards the upper limit, which is not always necessary. These substances are treating the symptoms not the cause of your cold, so if you take less it might affect how you feel, but not the outcome of your treatment. Finally, taking a medicine every four hours disrupts your sleep, which might not be the best idea, especially when you are ill.
Source for dosages: Martindale: The Complete Drug Reference 34th edition
