Nucleus Newport Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

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Balance Sheet

As At 31 October 2025

Balance Sheet

Registered number: 09602615

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		507		2,435
Investments	5		8,759		8,759

			9,266		11,194
CURRENT ASSETS
Debtors	6	1,584,700		2,352,093
Cash at bank and in hand		25,741		128,329

		1,610,441		2,480,422
Creditors: Amounts Falling Due Within One Year	7	(684,208 )		(1,460,148 )

NET CURRENT ASSETS (LIABILITIES)			926,233		1,020,274

TOTAL ASSETS LESS CURRENT LIABILITIES			935,499		1,031,468

NET ASSETS			935,499		1,031,468

CAPITAL AND RESERVES
Called up share capital	8		210		210
Profit and Loss Account			935,289		1,031,258

SHAREHOLDERS' FUNDS			935,499		1,031,468

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Nucleus Newport Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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 her 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

Ms D K Sullivan

Director

23 July 2026

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

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Nucleus Newport Limited

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

Nucleus Newport Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09602615 . The registered office is Severn House, Hazell Drive, Newport, Gwent, NP10 8FY.

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. 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 and from the rendering of services. 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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Computer Equipment

20% Straight line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. 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.

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.

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Nucleus Newport Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 November 2024	18,261
Additions	465

As at 31 October 2025	18,726

Depreciation
As at 1 November 2024	15,826
Provided during the period	2,393

As at 31 October 2025	18,219

Net Book Value
As at 31 October 2025	507

As at 1 November 2024	2,435

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 November 2024	8,759

As at 31 October 2025	8,759

Provision
As at 1 November 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	8,759

As at 1 November 2024	8,759

Details of the investments in which the company holds 20% or more of the nominal value of the share capital are as follws :

Subsidiary undertakings

Nucleus Consultancy Services Inc

Registered Office 4701, Patrick Henry Drive,Suite 25 , Santa Clara, CA 94085, USA

100% Ordinary Shares

The principal activity of Nucleus Consultancy Services Inc is that of consultancy and support services

Nucleus Corporate Services Pvt Ltd

Registered office 201, Lodha Supremus Road, No22, Wagle Estate, Thane -400 604, Maharashtra, India

99% Ordinary Shares

...CONTINUED

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Nucleus Newport Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Investments - continued

The principal activity of Nucleus Corporate Services Pvt Ltd is that of consultancy and support services

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,584,700	2,352,093

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to group undertakings	58,693	54,674
Other creditors	533,734	1,069,399
Taxation and social security	91,781	336,075

	684,208	1,460,148

8. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	110	110
Called Up Share Capital has been paid up	100	100

Amount of Allotted, Called Up Share Capital	210	210

9. Related Party Transactions

Mr Shankaran Nair

Shareholder

During the year, Mr Nair Received a salary of £259,371 (2024: £351,741) and commission of £17,684 (2024: £28,804)

Mrs Vyoma Nair

Shareholder

During the year, Mrs V Nair received a salary of £259,371 (2024: £351,741)

Nucleus Bristol Ltd

Common director and shareholder

During the year, the company paid professional services to Nucleus Bristol Ltd of £187,283 (2024: £279,430). At the balance sheet date the amount receivable from Nucleus Bristol Ltd was £487,403 (2024: £NIL)

Nucleus Consultancy Services Inc

Subsidiary

At the balance sheet date, the amount due to Nucleus Consultancy Services Inc was £58,693 (2024: £54,674 )

Nucleus Corporate Services Pvt Ltd

Subsidiary

...CONTINUED

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Nucleus Newport Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

9. Related Party Transactions - continued

During the year, the company received (paid) consultancy services from/(to) Nucleus Corporate Services Pvt Ltd totalling £655,871 (2024: £1,043,045). At the balance sheet date the amount due to Nucleus Corporate Services Pvt Ltd was £174,156 (2024: £179,581)

Nucleus Consultancy Services Pte Ltd

Common director and shareholder

During the year the company (paid) received professional services of £1,035,224 (2024: £1,576,655). At the balance sheet date, the amount due to/(from) Nucleus Consultancy Services Pte Ltd was £(1,013,474) (2024: £(1,405,253)

Support Services LLC

Common director and shareholder

During the year , the company paid professional services to Support Services LLC of £454,037 (2024: £715,596)

Hiralal LLC

During the year, the company paid professional services to Hiralal LLC of £155,238 (2024: £294,774)

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Director	Ms D K Sullivan

Company Number	09602615

Registered Office	Severn House
	Hazell Drive
	Newport
	Gwent
	NP10 8FY

Accountants	HSJ Accountants Ltd
	Severn House
	Hazell Drive
	Newport
	NP10 8FY