| REGISTERED NUMBER: |
| Financial Statements |
| for the Period 1 February 2024 to 31 March 2025 |
| for |
| Gosea Digital Ltd. |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Period 1 February 2024 to 31 March 2025 |
| for |
| Gosea Digital Ltd. |
| Gosea Digital Ltd. (Registered number: 10567202) |
| Contents of the Financial Statements |
| for the Period 1 February 2024 to 31 March 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| Gosea Digital Ltd. (Registered number: 10567202) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Gosea Digital Ltd. (Registered number: 10567202) |
| Notes to the Financial Statements |
| for the Period 1 February 2024 to 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| Gosea Digital Ltd. is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going concern |
| The financial statements have been prepared on a going concern basis not withstanding that the company has a net liability position of £252,156 (2024: £64,510) as it incurred a loss of £187,646 (2024: £16,108) during the year. The directors have prepared forecasts for the next 12 months and these forecasts demonstrate that the company will be a going concern for that period given the continued support of the ultimate shareholders and funders, the expectation to continue to make positive Group EBITDA in the year ended 31 March 2026. The directors are satisfied that they have access to additional funding from the ultimate shareholders and funders. The ultimate shareholders are prepared to continue to support the company for the next twelve months from when these financial statements are approved and so the directors believe the company is a going concern. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| Gosea Digital Ltd. (Registered number: 10567202) |
| Notes to the Financial Statements - continued |
| for the Period 1 February 2024 to 31 March 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2024 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 February 2024 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 January 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| A debenture charge dated 2 December 2024 exists between the company and Palatine Gc Holdings Limited via fixed and floaring charges over all property and undertaking. |
| A debenture charge dated 2 December 2024 exists between the company and Palatine Gc Holdings Limited via fixed and floaring charges over all property and undertaking. |
| A debenture charge dated 29 August 2025 exists between the company and Palatine Gc Holdings Limited via fixed and floaring charges over all property and undertaking. |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | 114.3 | 0 | 114 | 114 |
| Gosea Digital Ltd. (Registered number: 10567202) |
| Notes to the Financial Statements - continued |
| for the Period 1 February 2024 to 31 March 2025 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 9. | ULTIMATE CONTROLLING PARTY |
| During the year, the company became 100% owned subsidiary of Voly Group Limited, a company incorporated in England and registered at 5 Brooks Drive, Cheadle Royal Business Park, Cheadle, Greater Manchester, England, SK8 3TD. Consolidated financial statements are available from the registered office. |
| The ultimate controlling party is Voly Holdco Limited, registered no: 68747, a company formed in Guernsey by virtue of its majority shareholding. |