REGISTERED NUMBER: 05587584 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NUKO 74 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Hubbert

M Makkonen

SECRETARY:

Ms M Day

REGISTERED OFFICE:

7 Longlands Road

Bicester

United Kingdom

OX26 5AH

REGISTERED NUMBER:

05587584 (England and Wales)

AUDITORS:

Armstrongs Accountancy Ltd

Chartered Accountants and Statutory Auditor

1 & 2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

FIXED ASSETS

Investments

4

267,927

267,927

CURRENT ASSETS

Debtors

5

1,000,002

2

CREDITORS

Amounts falling due within one year

6

1,000,000

-

NET CURRENT ASSETS

2

2

TOTAL ASSETS LESS CURRENT LIABILITIES

267,929

267,929

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

267,927

267,927

267,929

267,929

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 25 September 2025 and were signed on its behalf by:

M Hubbert - Director

1.	STATUTORY INFORMATION

Nuko 74 Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

267,927

NET BOOK VALUE

At 31 December 2024

267,927

At 31 December 2023

267,927

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Teknos Ireland Limited

Registered office: 54 Ballymoghan Road, Magherafelt, Northern Ireland, BT45 6HN

Nature of business: Manufacture of paints, varnishes and similar

%

Class of shares:

holding

Ordinary

100.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

As restated

£

£

Other debtors

1,000,002

2

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

(Unaudited)

As restated

£

£

Other creditors

1,000,000

-

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Muhammed Shabbir (Senior Statutory Auditor)

for and on behalf of Armstrongs Accountancy Ltd