1 April 2022 false No description of principal activity Taxfiler 2023.10 08401804business:PrivateLimitedCompanyLtd2022-04-012023-03-31 084018042022-03-31 084018042022-04-012023-03-31 08401804business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 08401804business:FilletedAccounts2022-04-012023-03-31 084018042023-03-31 08401804business:Director12022-04-012023-03-31 08401804business:RegisteredOffice2022-04-012023-03-31 084018042022-03-31 08401804core:WithinOneYear2023-03-31 08401804core:WithinOneYear2022-03-31 08401804core:AfterOneYear2023-03-31 08401804core:AfterOneYear2022-03-31 08401804core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08401804core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 08401804core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08401804core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 08401804core:PreviouslyStatedAmount2023-03-31 08401804core:PreviouslyStatedAmount2022-03-31 08401804business:SmallEntities2022-04-012023-03-31 08401804countries:EnglandWales2022-04-012023-03-31 08401804core:ComputerEquipment2022-04-012023-03-31 08401804core:Goodwill2022-03-31 08401804core:Goodwill2023-03-31 08401804core:Goodwill2022-04-012023-03-31 08401804core:ComputerEquipment2022-03-31 08401804core:ComputerEquipment2023-03-31 084018042021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08401804 (England and Wales)
Cougar Lubricants International Limited Unaudited accounts for the year ended 31 March 2023
Cougar Lubricants International Limited Unaudited accounts Contents
Page
- 2 -
Cougar Lubricants International Limited Company Information for the year ended 31 March 2023
Director
Joanne Jordan
Company Number
08401804 (England and Wales)
Registered Office
18 Capital Place Harlow Essex CM19 5AS England
- 3 -
Cougar Lubricants International Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,200 
1,800 
Tangible assets
2,406 
3,735 
3,606 
5,535 
Current assets
Inventories
45,468 
47,300 
Debtors
74,151 
109,665 
Cash at bank and in hand
19,826 
52,213 
139,445 
209,178 
Creditors: amounts falling due within one year
(97,586)
(164,178)
Net current assets
41,859 
45,000 
Total assets less current liabilities
45,465 
50,535 
Creditors: amounts falling due after more than one year
(40,450)
(47,604)
Net assets
5,015 
2,931 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,915 
2,831 
Shareholders' funds
5,015 
2,931 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 November 2023 and were signed on its behalf by
Joanne Jordan Director Company Registration No. 08401804
- 4 -
Cougar Lubricants International Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Cougar Lubricants International Limited is a private company, limited by shares, registered in England and Wales, registration number 08401804. The registered office is 18 Capital Place, Harlow, Essex, CM19 5AS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Inventories
Inventories have been valued at the lower of cost and net realisable value, after making due allowances for obsolete stock and slow moving items.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on cost
- 5 -
Cougar Lubricants International Limited Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
6,000 
At 31 March 2023
6,000 
Amortisation
At 1 April 2022
4,200 
Charge for the year
600 
At 31 March 2023
4,800 
Net book value
At 31 March 2023
1,200 
At 31 March 2022
1,800 
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten years.
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
14,178 
At 31 March 2023
14,178 
Depreciation
At 1 April 2022
10,443 
Charge for the year
1,329 
At 31 March 2023
11,772 
Net book value
At 31 March 2023
2,406 
At 31 March 2022
3,735 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,183 
10,012 
Accrued income and prepayments
25,133 
72,982 
Other debtors
8,782 
3,618 
51,098 
86,612 
Amounts falling due after more than one year
Other debtors
23,053 
23,053 
- 6 -
Cougar Lubricants International Limited Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(17,182)
(13,954)
Trade creditors
110,400 
57,153 
Taxes and social security
3,321 
20,369 
Other creditors
1,047 
14,154 
Deferred income
- 
86,456 
97,586 
164,178 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
40,450 
47,604 
9
Transactions with related parties
Mrs J Jordan is also a Director and shareholder of Cougar Lubricants UK Ltd.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 7 -