Our application, TaleWeaver, serves as a transformative solution for time-strapped working parents by addressing multiple challenges in children's literature. It offers a convenient and time-efficient means for parents to provide personalised storytelling experiences through the use of Language Models (LLMs) for rapid story generation. This not only alleviates the frustration of repetitive and hard-to-find books but also fosters engagement through the child's inclusion as the main character. It stands out as a superior alternative to mindless screen time, encouraging children to explore imaginative worlds through personalised stories and illustrations while also enabling parents to instil moral values, ensuring that the time children spend with TaleWeaver is not just entertaining but also enriching.