Company registration number: 08881788
Annual report and unaudited financial statements
for the year ended 28 February 2026
for
Insightful Technology ltd
Pages for filing with the Registrar
Company registration number: 08881788
Insightful Technology ltd
Balance sheet
as at 28 February 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 230,355 315,970
Tangible assets 5 496,003 427,536
726,358 743,506
Current assets
Debtors 6 2,765,348 1,974,176
Cash at bank and in hand 796,079 363,076
3,561,427 2,337,252
Creditors: amounts falling due within one
year 		7 (1,469,439) (1,029,790)
Net current assets 2,091,988 1,307,462
Total assets less current liabilities 2,818,346 2,050,968
Creditors: Amounts falling due after more
than one year 		(2,167,344) (806,863)
NET ASSETS 651,002 1,244,105
Capital and reserves
Called up share capital 128 128
Share premium account 4,676,974 4,676,974
Profit and loss account (4,026,100) (3,432,997)
TOTAL EQUITY 651,002 1,244,105
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 28 February 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08881788
Insightful Technology ltd
Balance sheet - continued
as at 28 February 2026
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 to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 22 May 2026 and signed on its behalf by:
Mr R Houghton, Director
22 May 2026
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Insightful Technology ltd
Notes to the financial statements
for the year ended 28 February 2026
1 Company information
Insightful Technology ltd is a private company registered in England and Wales. Its registered number is 08881788. The company is limited by shares. Its registered office is No 2, The Royal Exchange, London, EC3V 3LL.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Patents & licences - Patents & licences are amortised evenly over their
estimated useful life
Development costs - Development costs are being amortised evenly over
their estimated useful life of 7 years
Computer software - Not applicable
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures and fittings - 15% straight line
Computer equipment - 10% straight line
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Insightful Technology ltd
Notes to the financial statements - continued
for the year ended 28 February 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. 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 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 36 (2025 - 24).
4 Intangible assets
Other
intangible
assets
£
Cost
At 1 March 2025 619,309
At 28 February 2026 619,309
Amortisation
At 1 March 2025 303,339
Charge for year 85,615
At 28 February 2026 388,954
Net book value
At 28 February 2026 230,355
At 28 February 2025 315,970
Revalued assets
none
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Insightful Technology ltd
Notes to the financial statements - continued
for the year ended 28 February 2026
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 March 2025 665,359
Additions 135,064
At 28 February 2026 800,423
Depreciation
At 1 March 2025 237,823
Charge for year 66,597
At 28 February 2026 304,420
Net book value
At 28 February 2026 496,003
At 28 February 2025 427,536
6 Debtors
2026 2025
£ £
Trade debtors 2,307,721 1,769,121
Taxation 454,361 -
Prepayments and accrued income 3,266 205,055
2,765,348 1,974,176
7 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 3,886 -
Trade creditors 773,614 634,570
Amounts owed to directors - 33,483
Other creditors 617,098 -
VAT payable - 361,719
Social security and other tax - 18
Accruals and deferred income 74,841 -
1,469,439 1,029,790
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Insightful Technology ltd
Notes to the financial statements - continued
for the year ended 28 February 2026
8 Share capital
Allotted, issued and fully paid:
1,092,700 A Ordinary shares of 0.01p per share
188,956 Preference shares of 0.01p per share
9 Subdivision of shares
On 22 January 2020 the company subdivided it's A Ordinary shares from 1p per share into 0.01p per share.
10 Rights issue
On 22 January 2020 the company issued 1 additional share for every 4 A Ordinary shares held by Investors at 4 April 2019 and 16 May 2019
11 Warrants
During 2020/21 year, 1,512 warrants were issued (bringing the total number of warrants in issue up to 4,762) with an exercise price of £1,000 per warrant to the holders. The exercise period is 15 years and is dependant upon sufficient capital being raised.
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