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REGISTERED NUMBER: 08212431 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Hospitality Data Insights Limited

Hospitality Data Insights Limited (Registered number: 08212431)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hospitality Data Insights Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: J C Moir
D E Bagshaw





REGISTERED OFFICE: 140 Coniscliffe Road
DARLINGTON
County Durham
DL3 7RT





REGISTERED NUMBER: 08212431 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT

Hospitality Data Insights Limited (Registered number: 08212431)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 19,387 8,786
Tangible assets 5 5,788 10,451
25,175 19,237

CURRENT ASSETS
Debtors 6 665,832 516,020
Cash at bank 831,064 543,294
1,496,896 1,059,314
CREDITORS
Amounts falling due within one year 7 (497,797 ) (295,573 )
NET CURRENT ASSETS 999,099 763,741
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,024,274

782,978

CREDITORS
Amounts falling due after more than one
year

8

(7,500

)

(17,500

)

PROVISIONS FOR LIABILITIES 10 (4,735 ) -
NET ASSETS 1,012,039 765,478

CAPITAL AND RESERVES
Called up share capital 11 1,630 1,630
Share premium 344,230 344,230
Retained earnings 666,179 419,618
SHAREHOLDERS' FUNDS 1,012,039 765,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Hospitality Data Insights Limited (Registered number: 08212431)

Balance Sheet - continued
30 September 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:





J C Moir - Director


Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Hospitality Data Insights Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income recognition
Income is recognised when the conditions contained within a contract for services have been met.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Tangible Fixed Assets are stated at cost less accumulated depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year 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 or deferred taxation assets and liabilities are not discounted.

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.


Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 year was 21 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 October 2023 16,500
Additions 16,046
At 30 September 2024 32,546
AMORTISATION
At 1 October 2023 7,714
Amortisation for year 5,445
At 30 September 2024 13,159
NET BOOK VALUE
At 30 September 2024 19,387
At 30 September 2023 8,786

Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023 28,514
Additions 1,720
At 30 September 2024 30,234
DEPRECIATION
At 1 October 2023 18,063
Charge for year 6,383
At 30 September 2024 24,446
NET BOOK VALUE
At 30 September 2024 5,788
At 30 September 2023 10,451

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 605,024 425,881
Other debtors 60 60
Directors' current accounts 91 -
Prepayments and accrued income 60,657 90,079
665,832 516,020

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 10,000 10,000
Trade creditors 65,317 66,171
Taxation and social security 132,472 100,916
Other creditors 20,928 13,990
Accruals and deferred income 269,080 104,496
497,797 295,573

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 7,500 17,500

Hospitality Data Insights Limited (Registered number: 08212431)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 7,500 17,500

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,735 -

Deferred Bad Debt
tax provision
£    £   
Provided during year 4,735 -
Balance at 30 September 2024 4,735 -

11. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
162,995 Ordinary 1p 1,630 1,630

12. ULTIMATE CONTROLLING PARTY

The controlling parties in the year were D E Bagshaw and M Worth.

On 29 October 2024 Reward Loyalty UK Ltd purchased 100% of the share capital of Hospitality Data Insights Limited and therefore took ultimate control over the company from this date.

13. EMI SCHEME

As at the 30 September 2024 there were in total 27,158 EMI options outstanding for three employees. These options were all issued on 25 September 2019, have an exercise price of £1.50 per share, which was agreed with HMRC and have a 10 year maximum lifespan. The Directors do not consider the valuation of these options to be material to the accounts and have therefore not included a valuation within them.