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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Traveltech Enterprises Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 87-89 Baker Street, London, W1U 6RJ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

The company's revenues are derived from the following categories

1. Commission agent - The company acts an agent between the airline and the end customer for buying and selling airline tickets. The company earns commission for facilitating the sale. The airline acts as the principal and all rights and obligations remain with the airline. The company does not own the tickets and it only collects the full amount from the customer and pays the airline or the consolidator on the customer's behalf. The agency's obligation is fulfilled on the date of ticket issuance and it is also the date when the revenue is recognised in the company's accounts.

2. Fixed fee income as consolidator and payment processor - The company also acts as a consolidator for other group companies. As a consolidator, the company purchases airline tickets via its own IATA accreditation on behalf of ITN, LTS, and Oojo LLC. Additionally, the company has agreements with external consolidators (e.g., Holiday Teams) for ticket procurement on behalf of other group companies. In its role as a consolidator, TravelTech also provides payment processing services to group entities, particularly ITN and LTS. TravelTech holds and operates dedicated merchant accounts (e.g., Worldpay) for acquiring payments from customers. These processing services are treated as part of the overall consolidator service offering. The consolidator fee is calculated at a mark up of 5% of the company's overheads (excluding taxes and foreign exchange gains/losses) in proportion to the number of tickets issued for the agents. The processing fee is calculated at 5% of the fees paid to merchant gateway.

3. Travel assistant - This is a product that the company sells in addition to the airline tickets. This service provides variable support services in the period from the date of purchasing the tickets till the flight return date.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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 company after deducting all of its liabilities.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The costs of short-term employee benefits are recognised as a liability and an expense, unless those 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.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was:

Revenue derived during the year of £226,723 was completely earned by providing services to group companies by acting as a consolidator and travel agent.

During the year, the company has charged rent of £112,348 (2024-£100,000) to Multipass Platforms Ltd. This company is also part of the Dyninno Group Limited , which is the parent company of Traveltech Enterprises Ltd.

During the year the company acted a consolidator as well as a ticketing agent for it's group companies.Included in Amounts owed from group undertakings for these activities are the following amounts:

£11,927 (2024 - £825,298) from ITN LLC , £93,281 (2024 - £74,269) from LTS LLC, £112,601 (2024 - £402,255) from OOJO LLC, £206,994 (2024 - £291,055) from OOJO BV, £25,153(2024 - £6,975) from Aviajet, £914.60 (2024 -£796.61) from Travel Innovations (Philippines) Inc.

Also, included with in Amounts owed to group undertakings are the following amounts relating to purchase of tickets from the group companies:

£1,814,360 (2024 - £2,301,821) from ITN LLC, £24,036 (2024 - £53.16) from LTS LLC, £193,620 (2024 - £35,546) from Aviajet, £563 (2024 - £403.19) from Dyninno Travel Technologies LLP (India), £4,736 (2024 - £2,314.96) from Travel Innovations (Philippines) Inc., £197,466 (2024 - £1,028,459) from OOJO LLC,£1,290 from Trevolution Singapore.

The above companies are also part of the Dyninno Group Limited, which is the parent company of Traveltech Enterprises Ltd.

As discussed with the management and with approval from each individual group company, the balances disclosed above have been netted off representing the true financial position of the company in regards to intercompany balances within the group.

During the year, the company has paid £169,875 (2024 - £58,958) to OOJO BV as service agreement fee. The services provided by OOJO BV include services related to content, lead generation, sales and operations, post sales services and expansion services.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Going Concern

Without qualifying our opinion, we draw your attention to note 10 of the financial statement headed GOING CONCERN. The company is dependent on the support from its parent company and its ultimate shareholders, as they have provided loans and working capital funds to the company. During our finalisation meetings and discussion, we were provided necessary comfort that the demand for payment of these outstanding loans would not be requested and further working capital funds will be available if required. We have been further informed about the development of the business in the near future and the plans to achieve their goals. However, it is very difficult to predict future events or conditions impacting the parent company situation which indirectly can impact the funding availability and hence we do feel that if events or circumstances changes it can lead to material uncertainty which may cast significant doubt on the company’s ability to continue as a going concern.

Balance owed from BSP at 31 December 25 is £-6,143 (2024 - £5,238).

The Directors have assessed the Company's financial position and are satisfied that it has adequate financial resources to support its operations. In making this assessment, the Directors considered the following key factors:

Since 2025, the Company's remuneration has been determined on a cost-plus basis in accordance with the Group's transfer pricing policy. Under this arrangement, the Company earns a guaranteed mark-up on its operating costs (excluding pass-through costs), providing a stable and predictable level of income that is not directly affected by fluctuations in the profitability of the Group's platform business.

During 2026, the market for business travel continued to recover, resulting in a significant increase in demand and in the number of bookings processed by the Company.

Management has also considered the current macroeconomic environment, including inflation and other relevant economic factors, and assessed their potential impact on the Company's operations.

Based on this assessment, the Directors have a reasonable expectation that the Company has sufficient resources to continue its operations for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.

The parent company is Dyninno Group Limited, a company registered in Malta. This company is part of a large group of which Dyninno Enterprises LLC, a company registered in USA with company number E0081062018-7 is the ultimate parent company.

The ultimate controlling party is Alex Weinstein.

The following charges exist as at Balance sheet date

1. HSBC UK Bank PLC - A fixed and floating charge over all assets. Created on 12

November 2019.