Regal Toys Limited - Period Ending 2026-02-28

Registration number: 08916287

Regal Toys Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2026

Regal Toys Limited

Contents

Company Information	1
Directors' Report	2
Accountants' Report	3
Profit and Loss Account	4
Balance Sheet	5 to 6
Statement of Changes in Equity	7
Notes to the Unaudited Financial Statements	8 to 14
iXBRL Detailed Profit and Loss Account	15 to 16

Regal Toys Limited

Company Information

Directors

Mr Paul Logan

Mrs Hayley Logan

Registered office

Unit 11
Alpha Centre
Armstrong Way
Yate
Bristol
BS37 5NG

Accountants

Burton Sweet
Chartered Certified AccountantsCornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

Regal Toys Limited

Directors' Report for the Year Ended 28 February 2026

The directors present their report and the financial statements for the year ended 28 February 2026.

Directors of the company

The directors who held office during the year were as follows:

Mr Paul Logan

Mrs Hayley Logan

Principal activity

The principal activity of the company is is that of agents involved in the sale of a variety of goods.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 30 June 2026 and signed on its behalf by:

.........................................
Mr Paul Logan
Director

.........................................
Mrs Hayley Logan
Director

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Regal Toys Limited
for the Year Ended 28 February 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Regal Toys Limited for the year ended 28 February 2026 as set out on pages 4 to 14 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Regal Toys Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Regal Toys Limited and state those matters that we have agreed to state to the Board of Directors of Regal Toys Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Regal Toys Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Regal Toys Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Regal Toys Limited. You consider that Regal Toys Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Regal Toys Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

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

Burton Sweet
Chartered Certified Accountants
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

30 June 2026

Regal Toys Limited

Profit and Loss Account for the Year Ended 28 February 2026

	Note	2026 £	2025 £
Turnover		1,381,635	1,199,772
Cost of sales		(976,870)	(916,714)
Gross profit		404,765	283,058
Administrative expenses		(114,736)	(102,827)
Operating profit		290,029	180,231
Other interest receivable and similar income		3,897	2,337
Profit before tax	4	293,926	182,568
Tax on profit		(73,398)	(44,564)
Profit for the financial year		220,528	138,004

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Regal Toys Limited

(Registration number: 08916287)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	62,181	5,668
Current assets
Stocks	6	484,239	365,082
Debtors	7	109,393	80,671
Cash at bank and in hand		147,745	81,482
		741,377	527,235
Creditors: Amounts falling due within one year	8	(194,280)	(88,290)
Net current assets		547,097	438,945
Total assets less current liabilities		609,278	444,613
Provisions for liabilities		(8,084)	(1,417)
Net assets		601,194	443,196
Capital and reserves
Called up share capital		100	100
Retained earnings		601,094	443,096
Shareholders' funds		601,194	443,196

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 30 June 2026 and signed on its behalf by:

Regal Toys Limited

(Registration number: 08916287)
Balance Sheet as at 28 February 2026

.........................................
Mr Paul Logan
Director

.........................................
Mrs Hayley Logan
Director

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 11
Alpha Centre
Armstrong Way
Yate
Bristol
BS37 5NG

These financial statements were authorised for issue by the Board on 30 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance method
Office equipment	25% reducing balance method
Motor vehicles	25% reducing balance method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2025 - 9).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	20,730	1,893

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

5	Tangible assets

Fixtures and fittings
£

Motor vehicles
£

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2025

19,535

-

15,584

35,119

Additions

-

75,172

2,071

77,243

At 28 February 2026

19,535

75,172

17,655

112,362

Depreciation

At 1 March 2025

18,162

-

11,289

29,451

Charge for the year

344

18,793

1,593

20,730

At 28 February 2026

18,506

18,793

12,882

50,181

Carrying amount

At 28 February 2026

1,029

56,379

4,773

62,181

At 28 February 2025

1,373

-

4,295

5,668

6

Stocks

2026
£

2025
£

Other inventories

484,239

365,082

7

Debtors

Current

2026
£

2025
£

Trade debtors

94,498

80,671

Other debtors

14,895

-

109,393

80,671

8

Creditors

Creditors: amounts falling due within one year

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

	2026 £	2025 £
Due within one year
Trade creditors	57,346	9,730
Taxation and social security	66,767	44,583
Other creditors	70,167	33,977
	194,280	88,290

9

Dividends

Final dividends paid

	2026 £	2025 £
Final dividend of £720.00 (2025 - £645.43) per each Ordinary A	36,000	32,272
Final dividend of £530.60 (2025 - £645.43) per each Ordinary B	26,530	32,272
	62,530	64,543

10	Related party transactions

Transactions with directors

2026	At 1 March 2025 £	Advances to director £	At 28 February 2026 £

Directors Loan	-	775	775



Directors Loan	-	14,120	14,120

Regal Toys Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

2025	At 1 March 2024 £	Advances to director £	At 28 February 2025 £

Directors Loan	10,593	(10,593)	-

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	24,856	22,524
Contributions paid to money purchase schemes	-	120,000
	24,856	142,524

Regal Toys Limited

iXBRL Detailed Profit and Loss Account for the Year Ended 28 February 2026

	2026 £	2025 £
Turnover/revenue	1,381,635	1,199,772
Cost of sales
Purchase of raw materials and consumables	(1,080,677)	(832,461)
Closing raw materials	484,239	365,082
Rent, rates and services costs	(28,510)	(26,870)
Freight and haulage costs	(46,969)	(38,970)
Wages and salaries excluding directors	(219,985)	(174,488)
Social security costs excluding directors	(22,934)	(14,416)
Staff costs excluding directors	(242,919)	(188,904)
Salaries and fees, directors	(24,856)	(22,524)
Company contributions to money purchase plans, directors	-	(120,000)
Staff costs, directors	(24,856)	(142,524)
Subcontractor costs	(17,897)	(17,054)
External commission costs	(19,281)	(35,013)
Gross profit	404,765	283,058
Distribution costs
Administrative expenses
Audit and accountancy other services	(1,676)	(2,140)
Advertising, promotions and marketing costs	(17,468)	(20,118)
Rent, rates and services costs	(1,800)	(1,200)
Utilities costs	(4,144)	(3,033)
Other repairs and maintenance costs	(1,936)	(2,068)
Cleaning costs	(1,873)	(1,786)
Depreciation of Fixed assets	(20,730)	(1,893)
Vehicle costs	(2,025)	-
Other staff costs	(3,720)	(1,182)

Regal Toys Limited

iXBRL Detailed Profit and Loss Account for the Year Ended 28 February 2026

	2026 £	2025 £
Consultancy costs	(75)	-
Travel and subsistence	(5,449)	(6,438)
Legal and professional costs	(7,885)	(8,140)
Bank charges	(6,665)	(4,935)
Insurance costs	(5,178)	(2,806)
Telecommunications	(882)	(941)
Printing, postage and stationery	(14,604)	(28,930)
Subscriptions	(15,618)	(15,484)
Other costs	(3,008)	(1,733)
Other operating income
Other items
Profit on ordinary activities before finance charges and interest	290,029	180,231
Bank interest and similar income receivable	3,557	2,337
Non-bank interest and similar income receivable	340	-
Profit on ordinary activities before taxation	293,926	182,568
Tax on profit or loss on ordinary activities	(73,398)	(44,564)
Profit for the financial year	220,528	138,004

	Share capital £	Retained earnings £	Total £
At 1 March 2025	100	443,096	443,196
Profit for the year	-	220,528	220,528
Dividends	-	(62,530)	(62,530)
At 28 February 2026	100	601,094	601,194

	Fixtures and fittings £	Motor vehicles £	Other tangible assets £	Total £
Cost or valuation
At 1 March 2025	19,535	-	15,584	35,119
Additions	-	75,172	2,071	77,243
At 28 February 2026	19,535	75,172	17,655	112,362
Depreciation
At 1 March 2025	18,162	-	11,289	29,451
Charge for the year	344	18,793	1,593	20,730
At 28 February 2026	18,506	18,793	12,882	50,181
Carrying amount
At 28 February 2026	1,029	56,379	4,773	62,181
At 28 February 2025	1,373	-	4,295	5,668

Current	2026 £	2025 £
Trade debtors	94,498	80,671
Other debtors	14,895	-
	109,393	80,671