What is in this image? Describe it as if you were explaining it to someone from the 15th century.

In this image, you see two younglings in a domestic scene, likely celebrating a festive occasion. Underneath the boughs of a fur tree, which often symbolizes hope and continuity, these children engage in the giving and receiving of beautifully wrapped parcels, possibly containing small items of joy. The child on the left is kneeling upon the ground, crafting a tied bow atop one such parcel which suggests that these items are gifts, tokens of goodwill and familial affection. Next to him, a gentlewoman embraces a fabric-stuffed small beast, possibly a representation of a playful companion for children, crafted out of soft materials. On the ground, various other parcels are depicted which are also adorned with ribbons and bindings, suggesting more gifts await to be discovered. This image captures the essence of shared moments of joy and the giving spirit among kin during significant communal festivals. Such practices, even in your time, would be associated with celebrations surrounding pivotal yearly events, marked by exchanges of goodwill.