Company registration number 09398653 (England and Wales)
LAYER MARNEY PUB TWO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
LAYER MARNEY PUB TWO LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
LAYER MARNEY PUB TWO LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
477,610
491,133
Current assets
Stocks
8,278
6,424
Debtors
5
1
1
Cash at bank and in hand
24,046
45,165
32,325
51,590
Creditors: amounts falling due within one year
6
(94,245)
(93,817)
Net current liabilities
(61,920)
(42,227)
Net assets
415,690
448,906
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
415,689
448,905
Total equity
415,690
448,906
LAYER MARNEY PUB TWO LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2026
31 January 2026
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 24 June 2026 and are signed on its behalf by:
Mrs C M Compton
Director
Company Registration No. 09398653
LAYER MARNEY PUB TWO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 3 -
1
Accounting policies
Company information

Layer Marney Pub Two Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O Streets, Orderly House, Dragoon Road, Colchester, CO2 7FU. The principal place of business is The Fleece Inn, St Mary's Street, Bungay, NR35 1AX.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources and support from its owners t o continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
2% straight line
Plant and equipment
20% reducing balance
Fixtures and fittings
10% reducing balance
LAYER MARNEY PUB TWO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost.

Financial assets comprise cash at bank and in hand, together with trade and other debtors. A specific provision is made for debts for which recoverability is in doubt. Cash at bank and in hand is defined as all cash held in instant access bank accounts and used as working capital.

Financial liabilities held at amortised cost comprise all creditors except social security and other taxes, deferred income and provisions.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

LAYER MARNEY PUB TWO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
15
15
4
Tangible fixed assets
Land and buildings Freehold
Plant and equipment
Fixtures and fittings
Total
£
£
£
£
Cost
At 1 February 2025 and 31 January 2026
587,865
17,234
31,996
637,095
Depreciation and impairment
At 1 February 2025
112,047
14,953
18,962
145,962
Depreciation charged in the year
11,759
456
1,308
13,523
At 31 January 2026
123,806
15,409
20,270
159,485
Carrying amount
At 31 January 2026
464,059
1,825
11,726
477,610
At 31 January 2025
475,818
2,281
13,034
491,133
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1
1
LAYER MARNEY PUB TWO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 6 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
16,116
32,604
Taxation and social security
50,781
38,298
Other creditors
27,348
22,915
94,245
93,817
7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
8
Related party transactions

During the previous year, the company wrote off £1,034,156 of a director's loan, as a result of a waiver in favour of the company signed by the Director. This write-off resulted in a reduction in the company's creditors and a corresponding impact on profit and loss.

During the previous year, the company wrote off £266,194 owing to a company under common control, as a result of a waiver in favour of the company signed by the Director's of that company. This write-off resulted in a reduction in the company's creditors and a corresponding impact on profit and loss.

9
Parent company

The parent company is Layer Marney Pubs Limited, a company incorporated in the United Kingdom.

2026-01-31 2025-02-01 false false false 24 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mrs C M Compton Mr E A H Compton Mrs E G M Bingham 09398653 2025-02-01 2026-01-31 09398653 2026-01-31 09398653 2025-01-31 09398653 core:LandBuildings core:OwnedOrFreeholdAssets 2026-01-31 09398653 core:PlantMachinery 2026-01-31 09398653 core:FurnitureFittings 2026-01-31 09398653 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-31 09398653 core:PlantMachinery 2025-01-31 09398653 core:FurnitureFittings 2025-01-31 09398653 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 09398653 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 09398653 core:CurrentFinancialInstruments 2026-01-31 09398653 core:CurrentFinancialInstruments 2025-01-31 09398653 core:ShareCapital 2026-01-31 09398653 core:ShareCapital 2025-01-31 09398653 core:RetainedEarningsAccumulatedLosses 2026-01-31 09398653 core:RetainedEarningsAccumulatedLosses 2025-01-31 09398653 core:ShareCapitalOrdinaryShareClass1 2026-01-31 09398653 core:ShareCapitalOrdinaryShareClass1 2025-01-31 09398653 bus:Director1 2025-02-01 2026-01-31 09398653 core:LandBuildings core:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 09398653 core:PlantMachinery 2025-02-01 2026-01-31 09398653 core:FurnitureFittings 2025-02-01 2026-01-31 09398653 2024-02-01 2025-01-31 09398653 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-31 09398653 core:PlantMachinery 2025-01-31 09398653 core:FurnitureFittings 2025-01-31 09398653 2025-01-31 09398653 bus:OrdinaryShareClass1 2025-02-01 2026-01-31 09398653 bus:OrdinaryShareClass1 2026-01-31 09398653 bus:OrdinaryShareClass1 2025-01-31 09398653 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 09398653 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 09398653 bus:FRS102 2025-02-01 2026-01-31 09398653 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 09398653 bus:Director2 2025-02-01 2026-01-31 09398653 bus:Director3 2025-02-01 2026-01-31 09398653 bus:FullAccounts 2025-02-01 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP