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REGISTERED NUMBER: 08344198 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2023 to 29 September 2024

for

Toy Cottage LTD

Toy Cottage LTD (Registered number: 08344198)






Contents of the Financial Statements
for the Period 1 October 2023 to 29 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Toy Cottage LTD

Company Information
for the Period 1 October 2023 to 29 September 2024







DIRECTOR: K Singh





REGISTERED OFFICE: Unit J10, Middlesex Business Centre
Bridge Road
Southall
Middlesex
UB2 4AB





REGISTERED NUMBER: 08344198 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Toy Cottage LTD (Registered number: 08344198)

Balance Sheet
29 September 2024

29.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,278 1,597

CURRENT ASSETS
Stocks 791,896 71,276
Debtors 5 1,395,618 1,374,500
Prepayments and accrued income 33,087 24,003
Cash at bank and in hand 3,205 6,259
2,223,806 1,476,038
CREDITORS
Amounts falling due within one year 6 1,981,489 1,237,730
NET CURRENT ASSETS 242,317 238,308
TOTAL ASSETS LESS CURRENT
LIABILITIES

243,595

239,905

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 243,495 239,805
243,595 239,905

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 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.

Toy Cottage LTD (Registered number: 08344198)

Balance Sheet - continued
29 September 2024


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 16 June 2025 and were signed by:





K Singh - Director


Toy Cottage LTD (Registered number: 08344198)

Notes to the Financial Statements
for the Period 1 October 2023 to 29 September 2024

1. STATUTORY INFORMATION

Toy Cottage 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Toy Cottage LTD (Registered number: 08344198)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 29 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2023
and 29 September 2024 4,418
DEPRECIATION
At 1 October 2023 2,821
Charge for period 319
At 29 September 2024 3,140
NET BOOK VALUE
At 29 September 2024 1,278
At 30 September 2023 1,597

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 30.9.23
£    £   
Trade debtors 75,238 188,789
Other debtors 1,320,380 1,185,711
1,395,618 1,374,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.9.24 30.9.23
£    £   
Trade creditors 1,628,375 889,085
Taxation and social security 158,161 12,247
Other creditors 194,953 336,398
1,981,489 1,237,730

Toy Cottage LTD (Registered number: 08344198)

Notes to the Financial Statements - continued
for the Period 1 October 2023 to 29 September 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 29 September 2024 and the year ended 30 September 2023:

29.9.24 30.9.23
£    £   
K Singh
Balance outstanding at start of period 48,207 52,158
Amounts advanced 4,500 -
Amounts repaid - (3,951 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 52,707 48,207

8. RELATED PARTY DISCLOSURES

At the balance sheet date other creditors include £82,420 (£82,420 - 2023) amounts owed to companies under the common control of the director. These loans are unsecured, interest free and repayable on demand.
At the balance sheet date other debtors include £1,024,436 (£1,024,436 - 2023) owed from companies under the common control of the director..