A toy bow configured to adjust an angle of both ends of its limb by an angle adjustor, thereby enabling the user to easily change the size and the angle of the limb, if necessary. The benefit not only extends to using the bow, but also to storing and carrying to bow due to its reduced size. Preferably, the limb is detachably mountable to a stock of a crossbow to conveniently change its application from a toy bow to a toy crossbow and vice-versa.