I'm assuming when you say lacquer you mean an actual painted finish over wood. When I was researching this as I also have toddlers the main issue I saw was not fingerprints but chipping and difficultly in repairing or touching up in the event of chipping.

I would suggest you take out the cabinet that is to the right of the stove and use it elsewhere in the house -- perhaps in the bathroom or dining room with a hutch above it. Then, I would suggest you have someone install a lazy susan cabinet in the corner between the sink counter and the stove, meaning you would move the stove down a bit and have a small cabinet/counter top to the right of the stove. I would suggest you have the cabinets refinished in white and then paint the walls a pastel you like. If you would prefer white walls, then add white-painted crown molding and paint the ceiling a light neutral blue, such as Sherwin Williams Niagara Falls Blue. Then, I would suggest you choose a favorite accent color and use this sparingly in accessories like towels, pot holders, small vases or floral arrangements, and a valence above the triple windows. For a genuine 1940s look, you might have white ceramic square tiles with a rectangular red border installed as a back splash behind and above the stove. If you are replacing counter tops, I would suggest a light color such as white with a beige or light grey vein or striation for some sort of pattern. You might be able to find the same color and design in floor tile OR opt for a wood floor as another poster suggested.

Well you posted this several months ago, but I thought I would make suggestions anyway. Hope you don't mind. In order to stay with or keep in mind the style of the shelves I would first change out the towel rack and TP holder to a chrome, or brushed nickel finish. Or get something that goes with the water faucet on the sink. If you are going to paint the wood around the shower base, paint the window trim and pieces of baseboard that are wood as well. I agree with using a gray color that adalisa, above mentioned. Maybe paint your vanity a darker gray, or even a shade of black, like your shelves to tie it in. That's it for me.

Thanks :) Yeah decided to go with tile. So sand cement is ok over existing tiles if I prep them first? Only problem is, the new pad can only be about 30mm at it's thickest (leaving up to 15mm for tiles) otherwise it'll end up being higher than the hallway floor. So I either need to make the fall shallower or not bother with the waste and make it all level. If I made it level, could I use levelling compound at that thickness or would deck mud/sand cement be the best option? Also, should I be putting in mesh for strength? (I know I should (and will) ask the local hardware what they suggest, but it's great to have suggestions from the Houzz community also)