REGISTERED NUMBER: 05815367 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Peikko UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T A Paananen

J T Turva

D Waller

REGISTERED OFFICE:

Unit 6 Station Place

Aycliffe Business Park

Newton Aycliffe

Co Durham

DL5 6AA

REGISTERED NUMBER:

05815367 (England and Wales)

SENIOR STATUTORY AUDITOR:

James Davies BSc (Hons) CA

AUDITORS:

Clive Owen LLP

Chartered Accountants

& Statutory Auditors

140 Coniscliffe Road

Darlington

County Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

552,773

661,794

CURRENT ASSETS

Stocks

5

152,499

596,702

Debtors

6

2,806,671

2,853,352

2,959,170

3,450,054

CREDITORS

Amounts falling due within one year

7

(304,128

)

(1,097,828

)

NET CURRENT ASSETS

2,655,042

2,352,226

TOTAL ASSETS LESS CURRENT LIABILITIES

3,207,815

3,014,020

PROVISIONS FOR LIABILITIES

9

(137,765

)

(164,922

)

NET ASSETS

3,070,050

2,849,098

CAPITAL AND RESERVES

Called up share capital

10

10,000

10,000

Retained earnings

3,060,050

2,839,098

SHAREHOLDERS' FUNDS

3,070,050

2,849,098

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by:

D Waller - Director

1.	STATUTORY INFORMATION

Peikko UK 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.

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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group and transactions with other related parties which are under normal commercial terms.

Turnover

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

Income recognition

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Interest income

Interest income is recognised in profit and loss using the effective interest method.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are included at cost less accumulated depreciation and impairment.

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

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

Foreign currencies

Transactions conducted in foreign currencies are included in the financial statements at the exchange rate prevailing at the date of the transaction. Assets and liabilities held in foreign currencies are translated into sterling using the exchange rate prevailing at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

682,187

35,794

181,525

899,506

Additions

-

-

54,030

54,030

Disposals

(54,887

)

(35,794

)

(28,397

)

(119,078

)

At 31 December 2025

627,300

-

207,158

834,458

DEPRECIATION

At 1 January 2025

176,775

8,005

52,932

237,712

Charge for year

65,150

2,786

44,741

112,677

Eliminated on disposal

(35,287

)

(10,791

)

(22,626

)

(68,704

)

At 31 December 2025

206,638

-

75,047

281,685

NET BOOK VALUE

At 31 December 2025

420,662

-

132,111

552,773

At 31 December 2024

505,412

27,789

128,593

661,794

5.

STOCKS

2025

2024

£

£

Stocks

152,499

596,702

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

686,544

1,513,182

Amounts owed by group undertakings

1,993,507

894,795

Other debtors

114,188

-

Prepayments and accrued income

12,432

445,375

2,806,671

2,853,352

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

47,832

64,497

Taxation and social security

232,011

832,906

Other creditors

2,192

8,174

Accruals and deferred income

22,093

192,251

304,128

1,097,828

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

71,524

97,500

Between one and five years

267,012

195,000

338,536

292,500

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

137,765

164,922

Deferred

tax

£

Balance at 1 January 2025

164,922

Accelerated capital allowances

(27,157

)

Balance at 31 December 2025

137,765

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£100

10,000

10,000

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

The Report of the Auditors was unqualified.

James Davies BSc (Hons) CA (Senior Statutory Auditor)

for and on behalf of Clive Owen LLP

12.	ULTIMATE PARENT COMPANY

Peikko UK Limited is a wholly owned subsidiary of Peikko Group Oy, a company registered in Finland. The registered office of Peikko Group Oy is P.O Box 104, Voimakatu 3, 15101 Lahti, Finland, which is also the company's principal place of business.