Protektor UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC086301 (Scotland)

PROTEKTOR UK LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Dr C Maisch

Mr C.G. Mossey

REGISTERED OFFICE:

c/o Maclay Murray & Spens LLP

1 George Square

Glasgow

G2 1AL

REGISTERED NUMBER:

SC086301 (Scotland)

AUDITORS:

Folkes Worton LLP

Chartered Accountants and Statutory Auditor

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

BANKERS:

Lloyds Bank plc

134 High Street

Stourbridge

West Midlands

DY8 1DS

CURRENT ASSETS

Debtors

4

1,525,915

1,536,805

CREDITORS

Amounts falling due within one year

5

-

10,969

NET CURRENT ASSETS

1,525,915

1,525,836

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,525,915

1,525,836

CAPITAL AND RESERVES

Called up share capital

18,000

Share premium

6

833,000

Retained earnings

6

674,915

674,836

SHAREHOLDERS' FUNDS

1,525,915

1,525,836

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 24 April 2026 and were signed on its behalf by:

Mr C.G. Mossey - Director

1.	STATUTORY INFORMATION

Protektor UK Limited is a private company, limited by shares , registered in Scotland. 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.

Financial instruments

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts being presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial instruments that are payable or receivable within one year, typically trade payables or receivables, are initially measured at the transaction price expected to be paid or received and are not discounted. Financial instruments that are payable or receivable after more than one year and do not carry a right to interest are recognised at the net present value of future cash flows discounted using a notional interest rate approximating to the company's cost of capital. The notional interest element is charged or credited to the Income Statement.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment and any impairment loss is recognised in the Income Statement.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Compliance with accounting standards

The financial statements are prepared in accordance with applicable accounting standards.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by group undertakings

1,525,836

1,536,805

Other debtors

79

-

1,525,915

1,536,805

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Taxation and social security

-

10,969

6.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 January 2025

674,836

833,000

1,507,836

Profit for the year

79

At 31 December 2025

674,915

833,000

1,507,915

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

The Report of the Auditors was unqualified.

Nigel Meredith FCA (Senior Statutory Auditor)

for and on behalf of Folkes Worton LLP

8.	CONTINGENT LIABILITIES

The company is party to a guarantee in respect of the bank borrowing of Hoo and How Limited, a company incorporated in England and Wales, which is wholly owned by Dr C. Maisch, a director of the company. At the statement of financial position date, the balance on this borrowing was £1,033,700 (2024 - £1,125,143).

9.	RELATED PARTY DISCLOSURES

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.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Protektorwerk Florenz Maisch GmbH & Co. KG, a company registered in Germany.

The ultimate controlling party is Dr. C. Maisch.