NORDEA ASSET MANAGEMENT UK LTD.

Company Registration Number:
11297178 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

NORDEA ASSET MANAGEMENT UK LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NORDEA ASSET MANAGEMENT UK LTD.

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The principal activities of the Company during the year was that of fund marketing support to Nordea Investment Funds S.A.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Anders Rindom Madsen
Erica Enocson Astrand
Henrika Vikman


The director shown below has held office during the period of
1 January 2023 to 20 June 2023

Marek Rydén


The director shown below has held office during the period of
1 July 2023 to 31 December 2023

Linn Edstrom Larsson


Secretary Erica Enocson Astrand

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 March 2024

And signed on behalf of the board by:
Name: Linn Edstrom Larsson
Status: Director

NORDEA ASSET MANAGEMENT UK LTD.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 3,215,545 3,473,004
Gross profit(or loss): 3,215,545 3,473,004
Administrative expenses: ( 2,200,161 ) ( 2,358,418 )
Other operating income: 0 19,140
Operating profit(or loss): 1,015,384 1,133,726
Interest receivable and similar income: 166,569 11,855
Profit(or loss) before tax: 1,181,953 1,145,581
Tax: ( 279,813 ) ( 238,513 )
Profit(or loss) for the financial year: 902,140 907,068

NORDEA ASSET MANAGEMENT UK LTD.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,063 2,702
Total fixed assets: 2,063 2,702
Current assets
Debtors: 4 622,178 669,808
Cash at bank and in hand: 5,569,100 4,487,167
Total current assets: 6,191,278 5,156,975
Creditors: amounts falling due within one year: 5 ( 803,489 ) ( 636,675 )
Net current assets (liabilities): 5,387,789 4,520,300
Total assets less current liabilities: 5,389,852 4,523,002
Creditors: amounts falling due after more than one year: 6 ( 39,041 ) ( 74,331 )
Total net assets (liabilities): 5,350,811 4,448,671
Capital and reserves
Called up share capital: 5,000 5,000
Share premium account: 2,000,000 2,000,000
Profit and loss account: 3,345,811 2,443,671
Total Shareholders' funds: 5,350,811 4,448,671

The notes form part of these financial statements

NORDEA ASSET MANAGEMENT UK LTD.

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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.

This report was approved by the board of directors on 28 March 2024
and signed on behalf of the board by:

Name: Linn Edstrom Larsson
Status: Director

The notes form part of these financial statements

NORDEA ASSET MANAGEMENT UK LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NORDEA ASSET MANAGEMENT UK LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 6 6

NORDEA ASSET MANAGEMENT UK LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 3,163 3,163
Additions 415 415
Disposals
Revaluations
Transfers
At 31 December 2023 3,578 3,578
Depreciation
At 1 January 2023 461 461
Charge for year 1,054 1,054
On disposals
Other adjustments
At 31 December 2023 1,515 1,515
Net book value
At 31 December 2023 2,063 2,063
At 31 December 2022 2,702 2,702

NORDEA ASSET MANAGEMENT UK LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 547,087 591,819
Prepayments and accrued income 38,873 32,532
Other debtors 36,218 45,457
Total 622,178 669,808

deferred taxation not included in numbers above.

NORDEA ASSET MANAGEMENT UK LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 5,468
Trade creditors 4,130 4,079
Taxation and social security 50,019 41,599
Accruals and deferred income 295,282 438,534
Other creditors 454,058 146,995
Total 803,489 636,675

Corporation tax is noted under bank loans and overdrafts as was no box for this

NORDEA ASSET MANAGEMENT UK LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 39,041 74,331
Total 39,041 74,331