REGISTERED NUMBER: 09565074 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TOY ROOM BRAND LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

J Rocca

K Mulchandani

REGISTERED OFFICE:

96 Brighton Road

Banstead

SM7 1BU

REGISTERED NUMBER:

09565074 (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

FIXED ASSETS

Tangible assets

4

13,081

-

CURRENT ASSETS

Debtors

5

519,835

302,978

Cash at bank

192,263

31,671

712,098

334,649

CREDITORS

Amounts falling due within one year

6

363,806

386,119

NET CURRENT ASSETS/(LIABILITIES)

348,292

(51,470

)

TOTAL ASSETS LESS CURRENT LIABILITIES

361,373

(51,470

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

361,371

(51,472

)

SHAREHOLDERS' FUNDS

361,373

(51,470

)

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 10 September 2025 and were signed on its behalf by:

K Mulchandani - Director

1.	STATUTORY INFORMATION

Toy Room Brand 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, stated net of value added tax.

Revenue recognition

Revenue from services relates to franchise fees and royalty fees payable by customers for the use of a brand managed by the company.

Provided that the outcome of the service transactions can be reliably estimated, revenue from franchise fees is recognised when the fees become receivable in accordance with contracted terms.

Revenue from royalties is recognised in accordance with the period to which they relate. When the outcome of the service transactions cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% straight line

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical costs includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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 payables 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 year comprises current tax only. 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.

Foreign currencies

Monetary 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

15,697

At 31 December 2024

15,697

DEPRECIATION

Charge for year

2,616

At 31 December 2024

2,616

NET BOOK VALUE

At 31 December 2024

13,081

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

387,618

187,173

Amounts owed by group undertakings

48,186

48,120

Other debtors

84,031

67,685

519,835

302,978

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

12,337

2,041

Amounts owed to group undertakings

-

11,283

Taxation and social security

151,792

185,864

Other creditors

199,677

186,931

363,806

386,119

7.	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

8.	ULTIMATE PARENT UNDERTAKING

The ultimate parent company is Five Holdings (BVI) Limited (incorporated in British Virgin Islands). The registered office address is P.O Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands.

The smallest and largest group in which the results of the company are consolidated is that headed by Five Holdings (BVI) Limited. The consolidated financial statements of this group are available to the public and may be obtained from the registered office.