ACCOUNTS - Final Accounts preparation

Registered number: 15888247

GIANT TOY STORE LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

GIANT TOY STORE LTD

REGISTERED NUMBER: 15888247

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025
Note		£

Fixed assets
Tangible assets	4		1,741
			1,741
Current assets
Debtors: amounts falling due within one year	5	5,501
		5,501
Creditors: amounts falling due within one year	6	(15,968)
Net current (liabilities)/assets			(10,467)
Total assets less current liabilities			(8,726)

Net (liabilities)/assets			(8,726)

Capital and reserves
Called up share capital	7	1
Profit and loss account		(8,727)
		(8,726)

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GIANT TOY STORE LTD

REGISTERED NUMBER: 15888247

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 July 2026.

................................................

Henry Langdon

Director

The notes on pages 3 to 6 form part of these financial statements.

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GIANT TOY STORE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Giant Toy Store Ltd is a private company limited by shares, incorporated in England and Wales on 9 August 2024 and started trading on 1 July 2025. The principal activity throughout the period was the provision of pilotage services. The Company's period end was extended from 31 August 2025 to 31 December 2025.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have been prepared on a going concern basis. This assumes the ongoing support of the director, which he has pledged for the foreseeable future.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

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GIANT TOY STORE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost 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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis and straight line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	25%	reducing balance
				Fixtures and fittings	-	33%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Creditors

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

Employees

	The Company has no employees other than the directors, who did not receive any remuneration.

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GIANT TOY STORE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

4.	Tangible fixed assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost or valuation
Additions	47,900	920	48,820
Disposals	(46,400)	-	(46,400)
At 31 December 2025	1,500	920	2,420
Depreciation
Charge for the period on owned assets	375	304	679
At 31 December 2025	375	304	679
Net book value
At 31 December 2025	1,125	616	1,741

Debtors

					31 December 2025
					£


	Amounts owed by joint ventures and associated undertakings	5,309
	Prepayments and accrued income	192
		5,501

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GIANT TOY STORE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

6.	Creditors: Amounts falling due within one year
		31 December 2025
		£

	Bank overdrafts	8
	Amounts owed to joint ventures	14,220
	Accruals and deferred income	1,740
		15,968

7.	Share capital
		31 December 2025
		£

		Allotted, called up and fully paid

		1 Ordinary share of £1	1

Upon incorporation 1 Ordinary £1 share was issued at par.

8.	Controlling party

The Company is controlled by Giant Capital Limited, who owns 100% of the issued shares and in which Henry Langdon is a director and shareholder.

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