2022-04-012023-03-312023-03-31false07172265GOACO GROUP LTD2024-03-1562012iso4217:GBPxbrli:pure071722652022-04-01071722652023-03-31071722652022-04-012023-03-31071722652021-04-01071722652022-03-31071722652021-04-012022-03-3107172265bus:SmallEntities2022-04-012023-03-3107172265bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3107172265bus:AbridgedAccounts2022-04-012023-03-3107172265bus:PrivateLimitedCompanyLtd2022-04-012023-03-3107172265core:WithinOneYear2023-03-3107172265core:AfterOneYear2023-03-3107172265core:WithinOneYear2022-03-3107172265core:AfterOneYear2022-03-310717226512022-04-012023-03-3107172265core:ShareCapital2023-03-3107172265core:SharePremium2023-03-3107172265core:RevaluationReserve2023-03-3107172265core:OtherReservesSubtotal2023-03-3107172265core:RetainedEarningsAccumulatedLosses2023-03-3107172265core:ShareCapital2022-03-3107172265core:SharePremium2022-03-3107172265core:RevaluationReserve2022-03-3107172265core:OtherReservesSubtotal2022-03-3107172265core:RetainedEarningsAccumulatedLosses2022-03-3107172265core:LandBuildings2023-03-3107172265core:PlantMachinery2023-03-3107172265core:Vehicles2023-03-3107172265core:FurnitureFittings2023-03-3107172265core:OfficeEquipment2023-03-3107172265core:NetGoodwill2023-03-3107172265core:IntangibleAssetsOtherThanGoodwill2023-03-3107172265core:ListedExchangeTraded2023-03-3107172265core:UnlistedNon-exchangeTraded2023-03-3107172265core:LandBuildings2022-03-3107172265core:PlantMachinery2022-03-3107172265core:Vehicles2022-03-3107172265core:FurnitureFittings2022-03-3107172265core:OfficeEquipment2022-03-3107172265core:NetGoodwill2022-03-3107172265core:IntangibleAssetsOtherThanGoodwill2022-03-3107172265core:ListedExchangeTraded2022-03-3107172265core:UnlistedNon-exchangeTraded2022-03-3107172265core:LandBuildings2022-04-012023-03-3107172265core:PlantMachinery2022-04-012023-03-3107172265core:Vehicles2022-04-012023-03-3107172265core:FurnitureFittings2022-04-012023-03-3107172265core:OfficeEquipment2022-04-012023-03-3107172265core:NetGoodwill2022-04-012023-03-3107172265core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107172265core:ListedExchangeTraded2022-04-012023-03-3107172265core:UnlistedNon-exchangeTraded2022-04-012023-03-3107172265core:MoreThanFiveYears2022-04-012023-03-3107172265core:Non-currentFinancialInstruments2023-03-3107172265core:Non-currentFinancialInstruments2022-03-3107172265dpl:CostSales2022-04-012023-03-3107172265dpl:DistributionCosts2022-04-012023-03-3107172265core:LandBuildings2022-04-012023-03-3107172265core:PlantMachinery2022-04-012023-03-3107172265core:Vehicles2022-04-012023-03-3107172265core:FurnitureFittings2022-04-012023-03-3107172265core:OfficeEquipment2022-04-012023-03-3107172265dpl:AdministrativeExpenses2022-04-012023-03-3107172265core:NetGoodwill2022-04-012023-03-3107172265core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107172265dpl:GroupUndertakings2022-04-012023-03-3107172265dpl:ParticipatingInterests2022-04-012023-03-3107172265dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107172265core:ListedExchangeTraded2022-04-012023-03-3107172265dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107172265core:UnlistedNon-exchangeTraded2022-04-012023-03-3107172265dpl:CostSales2021-04-012022-03-3107172265dpl:DistributionCosts2021-04-012022-03-3107172265core:LandBuildings2021-04-012022-03-3107172265core:PlantMachinery2021-04-012022-03-3107172265core:Vehicles2021-04-012022-03-3107172265core:FurnitureFittings2021-04-012022-03-3107172265core:OfficeEquipment2021-04-012022-03-3107172265dpl:AdministrativeExpenses2021-04-012022-03-3107172265core:NetGoodwill2021-04-012022-03-3107172265core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3107172265dpl:GroupUndertakings2021-04-012022-03-3107172265dpl:ParticipatingInterests2021-04-012022-03-3107172265dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3107172265core:ListedExchangeTraded2021-04-012022-03-3107172265dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3107172265core:UnlistedNon-exchangeTraded2021-04-012022-03-3107172265core:NetGoodwill2023-03-3107172265core:IntangibleAssetsOtherThanGoodwill2023-03-3107172265core:LandBuildings2023-03-3107172265core:PlantMachinery2023-03-3107172265core:Vehicles2023-03-3107172265core:FurnitureFittings2023-03-3107172265core:OfficeEquipment2023-03-3107172265core:AfterOneYear2023-03-3107172265core:WithinOneYear2023-03-3107172265core:ListedExchangeTraded2023-03-3107172265core:UnlistedNon-exchangeTraded2023-03-3107172265core:ShareCapital2023-03-3107172265core:SharePremium2023-03-3107172265core:RevaluationReserve2023-03-3107172265core:OtherReservesSubtotal2023-03-3107172265core:RetainedEarningsAccumulatedLosses2023-03-3107172265core:NetGoodwill2022-03-3107172265core:IntangibleAssetsOtherThanGoodwill2022-03-3107172265core:LandBuildings2022-03-3107172265core:PlantMachinery2022-03-3107172265core:Vehicles2022-03-3107172265core:FurnitureFittings2022-03-3107172265core:OfficeEquipment2022-03-3107172265core:AfterOneYear2022-03-3107172265core:WithinOneYea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GOACO GROUP LTD

(formerly LEVEL 5 GROUP LTD)

Registered Number
07172265
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

GOACO GROUP LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

G MALHOTRA

Registered Address

Suite 2055, Fleet House Springhead Enterprise Park
Springhead Road
Northfleet
DA11 8HJ

Registered Number

07172265 (England and Wales)
GOACO GROUP LTD
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets32,645-
Tangible assets418,6373,184
21,2823,184
Current assets
Debtors633,199265,740
Cash at bank and on hand1,618,247758,295
2,251,4461,024,035
Creditors amounts falling due within one year(1,132,452)(650,194)
Net current assets (liabilities)1,118,994373,841
Total assets less current liabilities1,140,276377,025
Net assets1,140,276377,025
Capital and reserves
Called up share capital100100
Profit and loss account1,140,176376,925
Shareholders' funds1,140,276377,025
The financial statements were approved and authorised for issue by the Director on 15 March 2024, and are signed on its behalf by:
G MALHOTRA
Director
Registered Company No. 07172265
GOACO GROUP LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20232022
Average number of employees during the year82
3.Intangible assets

Total

£
Cost or valuation
Additions2,645
At 31 March 232,645
Net book value
At 31 March 232,645
At 31 March 22-
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 227,825
Additions18,061
At 31 March 2325,886
Depreciation and impairment
At 01 April 224,641
Charge for year2,608
At 31 March 237,249
Net book value
At 31 March 2318,637
At 31 March 223,184