REGISTERED NUMBER: |
AUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2020 TO 31 DECEMBER 2021 |
FOR |
TOY ROOM LTD |
REGISTERED NUMBER: |
AUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2020 TO 31 DECEMBER 2021 |
FOR |
TOY ROOM LTD |
TOY ROOM LTD (REGISTERED NUMBER: 09356666) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1 October 2020 to 31 December 2021 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
TOY ROOM LTD |
COMPANY INFORMATION |
for the Period 1 October 2020 to 31 December 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Chartered Accountants and Statutory Auditor |
10 London Mews |
Paddington |
London |
W2 1HY |
TOY ROOM LTD (REGISTERED NUMBER: 09356666) |
STATEMENT OF FINANCIAL POSITION |
31 December 2021 |
31.12.21 | 30.9.20 |
(Unaudited) |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
TOY ROOM LTD (REGISTERED NUMBER: 09356666) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 October 2020 to 31 December 2021 |
1. | STATUTORY INFORMATION |
Toy Room Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Change in the accounting period |
The company extended the accounting period to be coterminous with the group companies year end. |
Going concern |
The financial statements have been prepared on a going concern basis as the directors believe that adequate cash resources will be available to cover the company's requirements for working capital expenditure for at least the next twelve months from the date of approval of these financial statements. |
Preparation of consolidated financial statements |
The financial statements contain information about Toy Room Ltd 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. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Investments in subsidiaries |
Investment in a subsidiary undertaking is recognised at cost. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other debtors and other creditors. |
Debt instruments that are payable or receivable within one year, typically trade parables or receivables, are |
measured , initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current 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 statement of financial position date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
TOY ROOM LTD (REGISTERED NUMBER: 09356666) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 October 2020 to 31 December 2021 |
4. | INTANGIBLE FIXED ASSETS |
Trademarks |
£ |
COST |
At 1 October 2020 |
Additions |
At 31 December 2021 |
AMORTISATION |
At 1 October 2020 |
Amortisation for period |
At 31 December 2021 |
NET BOOK VALUE |
At 31 December 2021 |
At 30 September 2020 |
5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 October 2020 |
and 31 December 2021 |
NET BOOK VALUE |
At 31 December 2021 |
At 30 September 2020 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.21 | 30.9.20 |
(Unaudited) |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.21 | 30.9.20 |
(Unaudited) |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
TOY ROOM LTD (REGISTERED NUMBER: 09356666) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 October 2020 to 31 December 2021 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 31 December 2021 and the year ended 30 September 2020: |
31.12.21 | 30.9.20 |
(Unaudited) |
£ | £ |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Balance outstanding at start of period |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
There are no set repayment terms in place and the loans are interest free. |
10. | ULTIMATE PARENT UNDERTAKING |
The ultimate parent company is Universo Pacha SA (incorporated in Spain). The registered office address is Avenida 8 D'Agost 27, 07800, Eivissa, Spain. |
The smallest and largest group in which the results of the company are consolidated is that headed by Universo Pacha SA. The consolidated financial statements of this group are available to the public and may be obtained from the registered office. |