Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 11448790 Mr P Aland Mr A S Runacres Mr P A Whittle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11448790 2023-07-31 11448790 2024-07-31 11448790 2023-08-01 2024-07-31 11448790 frs-core:CurrentFinancialInstruments 2024-07-31 11448790 frs-core:Non-currentFinancialInstruments 2024-07-31 11448790 frs-core:ComputerEquipment 2024-07-31 11448790 frs-core:ComputerEquipment 2023-08-01 2024-07-31 11448790 frs-core:ComputerEquipment 2023-07-31 11448790 frs-core:PlantMachinery 2024-07-31 11448790 frs-core:PlantMachinery 2023-08-01 2024-07-31 11448790 frs-core:PlantMachinery 2023-07-31 11448790 frs-core:ShareCapital 2024-07-31 11448790 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 11448790 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11448790 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 11448790 frs-bus:SmallEntities 2023-08-01 2024-07-31 11448790 frs-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11448790 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11448790 frs-core:UnlistedNon-exchangeTraded 2024-07-31 11448790 frs-core:UnlistedNon-exchangeTraded 2023-07-31 11448790 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 11448790 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 11448790 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 11448790 frs-core:ImpairmentLossProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 11448790 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 11448790 frs-bus:Director1 2023-08-01 2024-07-31 11448790 frs-bus:Director2 2023-08-01 2024-07-31 11448790 frs-bus:Director3 2023-08-01 2024-07-31 11448790 frs-countries:EnglandWales 2023-08-01 2024-07-31 11448790 2022-07-31 11448790 2023-07-31 11448790 2022-08-01 2023-07-31 11448790 frs-core:CurrentFinancialInstruments 2023-07-31 11448790 frs-core:Non-currentFinancialInstruments 2023-07-31 11448790 frs-core:ShareCapital 2023-07-31 11448790 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 11448790
Digital Travel Marketing Group Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Digital Travel Marketing Group Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Digital Travel Marketing Group Limited for the year ended 31 July 2024 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 at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Digital Travel Marketing Group Limited , as a body, in accordance with the terms of our engagement letter dated 06 June 2024. Our work has been undertaken solely to prepare for your approval the accounts of Digital Travel Marketing Group Limited and state those matters that we have agreed to state to the directors of Digital Travel Marketing Group 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 Digital Travel Marketing Group Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Digital Travel Marketing Group 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 Digital Travel Marketing Group Limited . You consider that Digital Travel Marketing Group 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 Digital Travel Marketing Group 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
ERC ACCOUNTANTS & BUSINESS ADVISERS LIMITED
12 March 2025
ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings, 11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Page 1
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Balance Sheet
Registered number: 11448790
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 19,048 2,476
Investments 5 100,500 117,193
119,548 119,669
CURRENT ASSETS
Debtors 6 110,738 140,134
Cash at bank and in hand 3,593 2,331
114,331 142,465
Creditors: Amounts Falling Due Within One Year 7 (156,088 ) (173,376 )
NET CURRENT ASSETS (LIABILITIES) (41,757 ) (30,911 )
TOTAL ASSETS LESS CURRENT LIABILITIES 77,791 88,758
Creditors: Amounts Falling Due After More Than One Year 8 (9,088 ) (18,523 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,746 ) (603 )
NET ASSETS 63,957 69,632
CAPITAL AND RESERVES
Called up share capital 9 110 110
Profit and Loss Account 63,847 69,522
SHAREHOLDERS' FUNDS 63,957 69,632
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For the year ending 31 July 2024 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
Mr P A Whittle
Director
11 March 2025
The notes on pages 4 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Digital Travel Marketing Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11448790 . The registered office is Suite 104 Cotton Exchange Building, Old Hall Street, Liverpool, Merseyside, L3 9LQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.3. Tangible Fixed Assets and Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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:
Property improvements 25% reducing balance
Computer equipment 25% reducing balance
2.4. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
2.5. Foreign Currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
2.6. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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2.7. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the
amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are
recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
2.8. Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

2.9. Registrar Filing Requirements
The company has taken the advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undetakings comprise of a small group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 6)
9 6
4. Tangible Assets
Property improvements Computer equipment Total
£ £ £
Cost
As at 1 August 2023 - 3,657 3,657
Additions 14,207 8,714 22,921
As at 31 July 2024 14,207 12,371 26,578
Depreciation
As at 1 August 2023 - 1,181 1,181
Provided during the period 3,552 2,797 6,349
As at 31 July 2024 3,552 3,978 7,530
Net Book Value
As at 31 July 2024 10,655 8,393 19,048
As at 1 August 2023 - 2,476 2,476
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5. Investments
Unlisted
£
Cost
As at 1 August 2023 117,193
As at 31 July 2024 117,193
Provision
As at 1 August 2023 -
Impairment losses 16,693
As at 31 July 2024 16,693
Net Book Value
As at 31 July 2024 100,500
As at 1 August 2023 117,193
The company holds 100% of the issued share capital of Iprogress Limited, a company incorporated in England and Wales. Company registration number 05402630. Registered office address, Suite 104, Cotton Exchange Building, old Hall Street, Liverpool, Merseyside, L3 9LQ. 
Iprogress Limited financial information for period end 31st July 2023:
Capital and reserves £(18,253)
Profit (loss) for the period £(11,122)
The company holds NIL% of the issued share capital of Cabin Select Limited, a company incorporated in England and Wales. Company registration number 13090598. Registered office address, Suite 104, Cotton Exchange Building, old Hall Street, Liverpool, Merseyside, L3 9LQ. (2023: owned 25%)
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 75,447 85,263
Other debtors 35,291 54,871
110,738 140,134
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 438 1,550
Bank loans and overdrafts 9,348 9,261
Other creditors 50,022 82,910
Taxation and social security 96,280 79,655
156,088 173,376
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,088 18,523
The loan above was obtained under the government bounceback loan scheme and is therefore 100% secured by the government with no charge over the assets of the company.
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 110
10. Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
11. Related Party Transactions
The following related party transactions were undertaken during the year:
A director of the company introduced amounts totalling £56,359 (2023: £54,525) and withdrew amounts totalling £57,099 (2023: £52,743). At the balance sheet date the balance payable to the director was £17,210 (2023: £17,949).
A director of the company introduced amounts totalling £Nil (2023: £4,000) and withdrew amounts totalling £34,910 (2023: £Nil). At the balance sheet date the balance payable from the director was £951 (2023: £33,956).
A director of the company introduced amounts totalling £51,023 (2023: £48,417) and withdrew amounts totalling £51,023 (2023: £35,750). At the balance sheet date the balance payable to the director was £13,181 (2023: £13,181).
Dividends were paid to the directors in respect of their shareholdings totalling £104,803 (2023: £85,115).
The aggregate remuneration paid to key management personnel for the year was £18,200 (2023: £18,200)
For the year ending 31 July 2024 the company was entitled to exemption from the disclosure of transactions with its subsidiary company under paragraph 33.1A of FRS 102.
No further transactions with related parties were undertaken, other than those under normal market conditions, such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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