Random conversations with the girl

We're in the car... she's singing having only recently found her voice and enjoying experimenting with sounds and lyrics...

"Baa Baa black sheep... have you any wool? Yes Yes (she leaves out the sir... that's just how she rolls...)
three bags full.
One for the monster
One for the monster dame (I do not understand it either..)
One for the little girl who lives down the lane.