REGISTERED NUMBER: 12796389 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COUGAR ARC HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr V T J Blennerhassett

REGISTERED OFFICE:

Cougar Accident Repair Centre

Eaton Green Road

Luton

LU2 9LD

REGISTERED NUMBER:

12796389 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Investments

4

3,306,352

3,306,352

CURRENT ASSETS

Debtors

5

100

100

CREDITORS

Amounts falling due within one year

6

648,952

476,352

NET CURRENT LIABILITIES

(648,852

)

(476,252

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,657,500

2,830,100

CREDITORS

Amounts falling due after more than one year

7

-

150,000

NET ASSETS

2,657,500

2,680,100

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

2,657,400

2,680,000

SHAREHOLDERS' FUNDS

2,657,500

2,680,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 26 September 2025 and were signed by:

Mr V T J Blennerhassett - Director

1.	STATUTORY INFORMATION

Cougar Arc Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Cougar Arc Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less provision for impairments.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the

instrument.

Financial assets

Financial assets, including trade and other debtors and cash at bank and in hand, are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method. Financial assets are assessed for impairment at each reporting date and any impairment losses are recognised in profit or loss.

Financial liabilities

Financial liabilities, including trade and other creditors and loans, are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is, when the contractual obligation is discharged, cancelled or expires.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

3,306,352

NET BOOK VALUE

At 31 December 2024

3,306,352

At 31 December 2023

3,306,352

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

100

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Preference shares

200,000

-

Amounts owed to group undertakings

297,452

96,352

Other creditors

150,000

380,000

Accrued expenses

1,500

-

648,952

476,352

The company has a balance of £297,452 (2024: £96,352) owed to Cougar Accident Repair Centre Limited, a fellow group company. These amounts are unsecured, interest-free, and repayable on demand.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

-

150,000

8.	CALLED UP SHARE CAPITAL

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary shares

£1

100

100

200,000

Preference shares

£1

200,000

-

200,100

100

Ordinary shares entitle the holder to one vote per share, to receive dividends and to a share of any capital distribution.

Preference shares are non-voting, carry no right to dividends but have right to distribution up to the nominal value of such share in preference to the ordinary shares.

In order to comply with the current accounting disclosure requirements, preference shares are classified as a liability in the balance sheet.