Acorah Software Products - Accounts Production 14.5.601 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 03902313 D L Maltby J Francis P Tyson T C Williamson R Skinner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03902313 2022-12-31 03902313 2023-12-31 03902313 2023-01-01 2023-12-31 03902313 frs-core:CurrentFinancialInstruments 2023-12-31 03902313 frs-core:Non-currentFinancialInstruments 2023-12-31 03902313 frs-core:ComputerEquipment 2023-12-31 03902313 frs-core:ComputerEquipment 2023-01-01 2023-12-31 03902313 frs-core:ComputerEquipment 2022-12-31 03902313 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 03902313 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 03902313 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 03902313 frs-core:FurnitureFittings 2023-12-31 03902313 frs-core:FurnitureFittings 2023-01-01 2023-12-31 03902313 frs-core:FurnitureFittings 2022-12-31 03902313 frs-core:OtherResidualIntangibleAssets 2023-12-31 03902313 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 03902313 frs-core:OtherResidualIntangibleAssets 2022-12-31 03902313 frs-core:CapitalRedemptionReserve 2023-12-31 03902313 frs-core:SharePremium 2023-12-31 03902313 frs-core:ShareCapital 2023-12-31 03902313 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03902313 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 03902313 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03902313 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 03902313 frs-bus:SmallEntities 2023-01-01 2023-12-31 03902313 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03902313 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03902313 frs-bus:Director1 2023-01-01 2023-12-31 03902313 frs-bus:Director2 2023-01-01 2023-12-31 03902313 frs-bus:Director3 2023-01-01 2023-12-31 03902313 frs-bus:Director4 2023-01-01 2023-12-31 03902313 frs-bus:Director5 2023-01-01 2023-12-31 03902313 frs-core:CurrentFinancialInstruments 9 2023-12-31 03902313 frs-countries:EnglandWales 2023-01-01 2023-12-31 03902313 2021-12-31 03902313 2022-12-31 03902313 2022-01-01 2022-12-31 03902313 frs-core:CurrentFinancialInstruments 2022-12-31 03902313 frs-core:Non-currentFinancialInstruments 2022-12-31 03902313 frs-core:CapitalRedemptionReserve 2021-12-31 03902313 frs-core:CapitalRedemptionReserve 2022-12-31 03902313 frs-core:SharePremium 2021-12-31 03902313 frs-core:SharePremium 2022-12-31 03902313 frs-core:ShareCapital 2021-12-31 03902313 frs-core:ShareCapital 2022-12-31 03902313 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 03902313 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 03902313 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 03902313 frs-core:CurrentFinancialInstruments 9 2022-12-31
Registered number: 03902313
Responsibletravel.com Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Cornfield Accountants Limited
Chartered Accountants
5 Cornfield Terrace
Eastbourne
BN21 4NN
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Statement of Changes in Equity 4
Notes to the Financial Statements 5—9
Page 1
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Responsibletravel.com Limited for the year ended 31 December 2023.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Responsibletravel.com Limited for the year ended 31 December 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the board of directors of Responsibletravel.com Limited , as a body, in accordance with the terms of our engagement letter dated 26 April 2023. Our work has been undertaken solely to prepare for your approval the accounts of Responsibletravel.com Limited and state those matters that we have agreed to state to the board of directors of Responsibletravel.com Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Responsibletravel.com Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Responsibletravel.com Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Responsibletravel.com Limited . You consider that Responsibletravel.com Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Responsibletravel.com Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
18/04/2024
Cornfield Accountants Limited
Chartered Accountants
5 Cornfield Terrace
Eastbourne
BN21 4NN
Page 1
Page 2
Balance Sheet
Registered number: 03902313
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 29,057 55,602
Tangible Assets 5 3,722 2,814
32,779 58,416
CURRENT ASSETS
Debtors 6 115,214 134,461
Cash at bank and in hand 434,774 405,758
549,988 540,219
Creditors: Amounts Falling Due Within One Year 7 (367,049 ) (391,388 )
NET CURRENT ASSETS (LIABILITIES) 182,939 148,831
TOTAL ASSETS LESS CURRENT LIABILITIES 215,718 207,247
Creditors: Amounts Falling Due After More Than One Year 8 - (372,024 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (724 ) -
NET ASSETS/(LIABILITIES) 214,994 (164,777 )
CAPITAL AND RESERVES
Called up share capital 81,658 81,658
Share premium account 388,877 388,877
Capital redemption reserve 340 340
Profit and Loss Account (255,881 ) (635,652 )
SHAREHOLDERS' FUNDS 214,994 (164,777)
Page 2
Page 3
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
T C Williamson
Director
17/04/2024
The notes on pages 5 to 9 form part of these financial statements.
Page 3
Page 4
Statement of Changes in Equity
Share Capital Share Premium Capital Redemption Profit and Loss Account Total
£ £ £ £ £
As at 1 January 2022 81,658 388,877 340 (681,105 ) (210,230)
Profit for the year and total comprehensive income - - - 45,453 45,453
As at 31 December 2022 and 1 January 2023 81,658 388,877 340 (635,652 ) (164,777)
Profit for the year and total comprehensive income - - - 379,771 379,771
As at 31 December 2023 81,658 388,877 340 (255,881 ) 214,994
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Responsibletravel.com Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03902313 . The registered office is Projects - The Lanes Nile House, Nile Street, Brighton, East Sussex, BN1 1HW.
The presentation currency of the financial statements is the Pound Sterling (£).  
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate given the improved outlook of the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Website strategy & Brand is amortised to profit and loss account over its estimated economic life of five years.
Website development is amortised to profit and loss account over its estimated economic life of three years.
2.5. Research and Development
Expenditure on research and development is written off in the year it is incurred.
2.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases, assets held under finance leases are depreciated in the same way as owned assets:
Fixtures & Fittings 3 Year Straight Line
Computer Equipment 3 Year Straight Line
Page 5
Page 6
2.7. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.8. Financial Instruments
Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivatie financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
2.9. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.10. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 6
Page 7
2.11. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.12. Employee benefits
The costs of short term benefits are recognised as a liability and an expense, unless these costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. 
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 22 (2022: 19)
22 19
4. Intangible Assets
Website strategy & brand Website Development including writers Total
£ £ £
Cost
As at 1 January 2023 144,098 1,523,493 1,667,591
Additions - 15,636 15,636
As at 31 December 2023 144,098 1,539,129 1,683,227
Amortisation
As at 1 January 2023 144,098 1,467,891 1,611,989
Provided during the period - 42,181 42,181
As at 31 December 2023 144,098 1,510,072 1,654,170
Net Book Value
As at 31 December 2023 - 29,057 29,057
As at 1 January 2023 - 55,602 55,602
Page 7
Page 8
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 6,846 53,258 60,104
Additions - 2,506 2,506
As at 31 December 2023 6,846 55,764 62,610
Depreciation
As at 1 January 2023 6,846 50,444 57,290
Provided during the period - 1,598 1,598
As at 31 December 2023 6,846 52,042 58,888
Net Book Value
As at 31 December 2023 - 3,722 3,722
As at 1 January 2023 - 2,814 2,814
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 65,580 88,644
Other debtors 34,277 39,455
Prepayments 15,232 6,237
Corporation tax recoverable assets 125 125
115,214 134,461
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 28,120 28,481
Bank loans and overdrafts - 172,559
Other taxes and social security 29,766 21,599
VAT 34,965 40,590
Other creditors 140,489 87,724
Accruals and deferred income 133,709 40,435
367,049 391,388
Page 8
Page 9
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 372,024
- 372,024
9. Other Commitments
In 2021 the company reached an agreement to surrender its rental lease with effect from 23 April 2021.
Upon condition of the surrender of the lease, the Company entered in to an agreement to be the guarantor of the new tenant, until the original lease ceased in June 2023.
10. Pension Commitments
The company operates a defined contribution pension scheme for Responsibletravel.com Pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £4,383 (2022 - £2,267) were due to the fund. They are included in Other Creditors.
11. Exceptional Items
Included within the financial statements is an Exceptional item in relation to the recovery of a previously deemed irrecoverable support service.
Further to the above, Exceptional items also include Directors' pension contributions which were withheld during the Covid pandemic. Since returning to profit, it has been agreed that the pension contributions now be paid.
12. Charges
A fixed and floating charge in relation to securing all monies due or becoming due in favour of Barclays Bank PLC was registered on 7 June 2016.
Page 9