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Company Registration No. 08401804 (England and Wales)
Cougar Lubricants International Limited Unaudited accounts for the year ended 31 March 2025
Cougar Lubricants International Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cougar Lubricants International Limited Company Information for the year ended 31 March 2025
Director
Joanne Jordan
Company Number
08401804 (England and Wales)
Registered Office
18 Capital Place Harlow Essex CM19 5AS England
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Cougar Lubricants International Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
-
600
Tangible assets
5
1,133
1,819
1,133
2,419
Current assets
Inventories
48,391
54,189
Debtors
6
60,213
63,670
Cash at bank and in hand
7,557
5,461
116,161
123,320
Creditors: amounts falling due within one year
7
(78,900)
(83,696)
Net current assets
37,261
39,624
Total assets less current liabilities
38,394
42,043
Creditors: amounts falling due after more than one year
8
(30,137)
(34,842)
Net assets
8,257
7,201
Capital and reserves
Called up share capital
100
100
Profit and loss account
8,157
7,101
Shareholders' funds
8,257
7,201
For the year ending 31 March 2025 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 26 May 2025 and were signed on its behalf by
Joanne Jordan Director Company Registration No. 08401804
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Cougar Lubricants International Limited Notes to the Accounts for the year ended 31 March 2025
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
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Cougar Lubricants International Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2024
6,000
At 31 March 2025
6,000
Amortisation
At 1 April 2024
5,400
Charge for the year
600
At 31 March 2025
6,000
Net book value
At 31 March 2025
-
At 31 March 2024
600
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 2024
14,897
Additions
752
At 31 March 2025
15,649
Depreciation
At 1 April 2024
13,078
Charge for the year
1,438
At 31 March 2025
14,516
Net book value
At 31 March 2025
1,133
At 31 March 2024
1,819
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
13,126
13,464
Accrued income and prepayments
24,034
23,735
Other debtors
-
3,418
37,160
40,617
Amounts falling due after more than one year
Other debtors
23,053
23,053
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Cougar Lubricants International Limited Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
(3,065)
(15,142)
Trade creditors
36,006
80,834
Taxes and social security
3,541
6,697
Other creditors
36,858
11,307
Accruals
5,560
-
78,900
83,696
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
30,137
34,842
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 2 (2024: 3).
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