IRIS Accounts Production v24.2.0.383 09356666 Board of Directors 1.1.23 31.12.23 31.12.23 19.9.24 false true false false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093566662022-12-31093566662023-12-31093566662023-01-012023-12-31093566662021-12-31093566662022-01-012022-12-31093566662022-12-3109356666ns15:EnglandWales2023-01-012023-12-3109356666ns14:PoundSterling2023-01-012023-12-3109356666ns10:Director12023-01-012023-12-3109356666ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109356666ns10:SmallEntities2023-01-012023-12-3109356666ns10:Audited2023-01-012023-12-3109356666ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109356666ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109356666ns10:FullAccounts2023-01-012023-12-310935666612023-01-012023-12-3109356666ns10:Director42023-01-012023-12-3109356666ns10:RegisteredOffice2023-01-012023-12-3109356666ns5:CurrentFinancialInstruments2023-12-3109356666ns5:CurrentFinancialInstruments2022-12-3109356666ns5:ShareCapital2023-12-3109356666ns5:ShareCapital2022-12-3109356666ns5:RetainedEarningsAccumulatedLosses2023-12-3109356666ns5:RetainedEarningsAccumulatedLosses2022-12-3109356666ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109356666ns5:PatentsTrademarksLicencesConcessionsSimilar2022-12-3109356666ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-012023-12-3109356666ns5:PatentsTrademarksLicencesConcessionsSimilar2023-12-3109356666ns5:PatentsTrademarksLicencesConcessionsSimilar2022-12-3109356666ns5:CostValuation2022-12-3109356666ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109356666ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109356666ns10:Director442022-12-3109356666ns10:Director442021-12-3109356666ns10:Director442023-01-012023-12-3109356666ns10:Director442022-01-012022-12-3109356666ns10:Director442023-12-3109356666ns10:Director442022-12-31
REGISTERED NUMBER: 09356666 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

TOY ROOM LTD

TOY ROOM LTD (REGISTERED NUMBER: 09356666)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TOY ROOM LTD

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: J Rocca
K Mulchandani



REGISTERED OFFICE: 96 Brighton Road
Banstead
SM7 1BU



REGISTERED NUMBER: 09356666 (England and Wales)



SENIOR STATUTORY AUDITOR: Robert Nissen F.C.A.



AUDITORS: Stein Richards
Chartered Accountants and Statutory Auditor
10 London Mews
Paddington
LONDON
W2 1HY

TOY ROOM LTD (REGISTERED NUMBER: 09356666)

STATEMENT OF FINANCIAL POSITION
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,673 6,070
Investments 5 2 2
5,675 6,072

CURRENT ASSETS
Debtors 6 - 810
Cash at bank 10,182 58,238
10,182 59,048
CREDITORS
Amounts falling due within one year 7 52,523 44,594
NET CURRENT (LIABILITIES)/ASSETS (42,341 ) 14,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

(36,666

)

20,526

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (37,666 ) 19,526
SHAREHOLDERS' (DEFICIT)/FUNDS (36,666 ) 20,526

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 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 19 September 2024 and were signed on its behalf by:





K Mulchandani - Director


TOY ROOM LTD (REGISTERED NUMBER: 09356666)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Toy Room Ltd 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.

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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Trademarks are being amortised evenly over their estimated useful life of ten years.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

TOY ROOM LTD (REGISTERED NUMBER: 09356666)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Trademarks
£   
COST
At 1 January 2023
and 31 December 2023 9,249
AMORTISATION
At 1 January 2023 3,179
Amortisation for year 397
At 31 December 2023 3,576
NET BOOK VALUE
At 31 December 2023 5,673
At 31 December 2022 6,070

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 2
NET BOOK VALUE
At 31 December 2023 2
At 31 December 2022 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors - 810

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 336 16,025
Amounts owed to group undertakings 48,120 24,518
Other creditors 4,067 4,051
52,523 44,594

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Nissen F.C.A. (Senior Statutory Auditor)
for and on behalf of Stein Richards

TOY ROOM LTD (REGISTERED NUMBER: 09356666)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
J Rocca
Balance outstanding at start of year - 275
Amounts repaid - (275 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

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.