The Marlborough Arms Ltd - Filleted accounts


THE MARLBOROUGH ARMS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2025



































Company Registration Number: 07409595

THE MARLBOROUGH ARMS LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 8

THE MARLBOROUGH ARMS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2025


DIRECTORS

Alastair McEwen
Alexander McEwen
Annabelle Machin
appointed 25 November 2024


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ


COMPANY REGISTRATION NUMBER

07409595 England and Wales

THE MARLBOROUGH ARMS LTD

BALANCE SHEET
AS AT 31 OCTOBER 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Tangible assets	5		46,130		60,967

CURRENT ASSETS
Stock		2,500		2,500
Debtors	6	58,634		87,958
Cash at bank and in hand		45,346		83,043


		106,480		173,501

CREDITORS: Amounts falling due within one year	7	88,954		119,599
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS			17,526		53,902


TOTAL ASSETS LESS CURRENT LIABILITIES			63,656		114,869

CREDITORS: Amounts falling due after more than one year	8		-		5,834
CREDITORS: Amounts falling due after more than one year
Provisions for liabilities and charges			6,618		11,496


NET ASSETS			57,038		97,539


CAPITAL AND RESERVES
Called up share capital			36		36
Distributable profit and loss account			57,002		97,503


SHAREHOLDERS' FUNDS			57,038		97,539

THE MARLBOROUGH ARMS LTD

BALANCE SHEET
AS AT 31 OCTOBER 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

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

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




Alastair McEwen
Director

Date approved by the board: 29 July 2026

THE MARLBOROUGH ARMS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025


1	GENERAL INFORMATION

	The Marlborough Arms Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are:

	Registered office	Principal place of business
	C9 Glyme Court	26 Oxford Street
	Oxford Office Village	Woodstock
	Langford Lane	Oxford
	Kidlington	OX20 1TS
	Oxford
	OX5 1LQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of hotel accommodation services as soon as there is a right to consideration and is determined by reference to the value of the work performed. Turnover is stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Fixtures and fittings					Reducing balance basis at 25% per annum
	Office equipment					Reducing balance basis at 25% per annum
	Leasehold improvements					Straight line basis at 20% per annum
	Computer equipment					Reducing balance basis at 25% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

THE MARLBOROUGH ARMS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	Stocks are assessed for impairment at each reporting date. The carrying amount of each item of stock, or group of similar items, is compared with its selling price less cost to complete and sell. If an item of stock, or group of similar items, is impaired its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in the profit and loss account.

THE MARLBOROUGH ARMS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Stock

	Stock has been valued at the lower of cost and estimated selling price less cost to complete and sell, after making due allowance for obsolete and slow-moving items. Cost comprises the cost of goods purchased valued on a standard cost basis.

	The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

THE MARLBOROUGH ARMS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025

4	EMPLOYEES

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

							2025	2024
	Average number of employees						10	10


5	TANGIBLE ASSETS	Fixtures and fittings
		Fixtures and fittings		Office equipment	Leasehold improvements		Computer equipment	Total
			£	£		£	£	£
	Cost
	At 1 November 2024		256,091	3,805		98,928	2,270	361,094

	Additions		420	441		-	-	861


	At 31 October 2025		256,511	4,246		98,928	2,270	361,955


	Accumulated depreciation and impairments
	At 1 November 2024		196,290	3,272		98,417	2,148	300,127

	Charge for year		14,973	183		511	31	15,698


	At 31 October 2025		211,263	3,455		98,928	2,179	315,825


	Net book value
	At 1 November 2024		59,801	533		511	122	60,967


	At 31 October 2025		45,248	791		-	91	46,130


6	DEBTORS
							2025	2024
							£	£
	Trade debtors						350	-
	Prepayments and accrued income						7,987	785
	Other debtors						50,297	87,173


							58,634	87,958

THE MARLBOROUGH ARMS LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025


7	CREDITORS: Amounts falling due within one year
					2025	2024
					£	£
	Bank loans and overdrafts				5,833	10,000
	Trade creditors				24,878	16,341
	Taxation and social security				34,931	71,563
	Accruals and deferred income				5,429	9,766
	Other creditors				17,883	11,929


					88,954	119,599


8	CREDITORS: Amounts falling due after more than one year
					2025	2024
					£	£
	Bank loans and overdrafts				-	5,834


9	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

	The following director's advances, credits and guarantees took place during the year

		Balance at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off or waived	Balance at 31 October 2025
		£	£	£	£	£
	Alastair McEwen	78,312	40,710	86,620	-	32,402

	Interest has been charged on this advance at the Beneficial Loan Arrangement Official Rate as prescribed by HM Revenue and Customs. The advance is repayable on demand.

10	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

	John Finlay Ltd
	Associated company		2025	2024
			£	£
	Intercompany Loan Account	Amounts owed by John Finlay Ltd to The Marlborough Arms	7,755	8,861