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ABTA sees rise in cries for help

Tuesday, 25 December 20123 min read

ABTA saw a 30% increase this year in requests for advice from members on a range of topics, including debt reporting.

The Association’s annual accounts up to June 30, published online yesterday, show that 91% of all members had contacted its Member Services help facility throughout the previous 12 months.

In total, it handled 11,534 enquiries on a range of subjects, including advice on debt as well as other business matters.

57 new members joined ABTA throughout the year, during which total turnover by ABTA members increased 5% from £28.9 billion to £30.2 billion.

ABTA more than doubled its group post-tax profits to just over £1 million. Post-tax profits for the previous 12 month period were £402,253.

Its net assets, excluding pension liability, have risen from £32.3 million last year to £33.1m. However, pension liabilities have reduced its net assets to £30.5 million, down from £31.5 million last year.

The volume of business passing through the single payment scheme was £574 million.

"ABTA’s overall financial position remains healthy," it said.