ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 10670919

PICTOYS LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2026

PICTOYS LTD

REGISTERED NUMBER: 10670919

BALANCE SHEET

AS AT 30 JUNE 2026

	30 June	31 March
	2026	2025
Note	£	£

Fixed assets
Tangible assets	4		-		1,069
			-		1,069
Current assets
Debtors: amounts falling due within one year	5	5,400		-
Cash at bank and in hand	6	86,373		83,915
		91,773		83,915
Creditors: amounts falling due within one year	7	(21,512)		(4,409)
Net current assets			70,261		79,506
Total assets less current liabilities			70,261		80,575

Net assets			70,261		80,575

Capital and reserves
Called up share capital	1	1
Profit and loss account	70,260	80,574
	70,261	80,575

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.

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PICTOYS LTD

REGISTERED NUMBER: 10670919

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2026

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Sebastian Mayer

Director

Date: 20 September 2026

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

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PICTOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2026

1.	General information

Pictoys Ltd is a private limited company, registered in the United Kingdom and domiciled in England and Wales. The registered office address is 3rd Floor, The Coade, 98 Vauxhall Walk, London SE11 5EL.

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 requirements 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

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.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

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PICTOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2026

2.Accounting policies (continued)

2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	25%	on cost
				Computer equipment	-	33%	on cost

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.

2.6

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.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

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.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 1 (2025 - 1).

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PICTOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2026

4.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£

At 1 April 2025	520	8,330	8,850
Disposals	(520)	(8,330)	(8,850)
At 30 June 2026	-	-	-

At 1 April 2025	272	7,509	7,781
Charge for the period on owned assets	130	820	950
Disposals	(402)	(8,329)	(8,731)
At 30 June 2026	-	-	-
Net book value
At 30 June 2026	-	-	-
At 31 March 2025	248	821	1,069

Debtors

					30 June	31 March
					2026	2025
					£	£


Trade debtors	5,400	-
	5,400	-

Cash at bank and in hand	86,373	83,915
	86,373	83,915

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PICTOYS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2026

Corporation tax	10,242	3,396
Other taxation and social security	3,267	-
Other creditors	2,509	1,013
Accruals and deferred income	5,494	-
	21,512	4,409

8.	Related party transactions
	At the year end, an amount of £2,509 (2025 - £1,013) was owed by the company to the director Sebastian Mayer. Interest has not been charged on this loan and strict repayment terms had not been agreed at the balance sheet date.

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