Ingenium Insight Limited - Filleted accounts

Registered number

06877728

Ingenium Insight Limited

Filleted Accounts

31 March 2026

Ingenium Insight Limited
Registered number:		06877728
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		16,914			25,530
Investments	4		2,050			6,050
			18,964			31,580

Current assets
Debtors	5	25,250			26,250
Cash at bank and in hand		56,129			98,146
		81,379			124,396

Creditors: amounts falling due within one year	6	(37,647)			(73,734)

Net current assets			43,732			50,662

Total assets less current liabilities			62,696			82,242


Provisions for liabilities			(3,214)			(4,851)


Net assets			59,482			77,391

Capital and reserves
Called up share capital			10			10
Profit and loss account			59,472			77,381

Shareholders' funds			59,482			77,391

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Dominic Baker
Director
Approved by the board on 16 July 2026

Ingenium Insight Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Motor vehicles	25% reducing balance
	Computer Equipment	20% straight line
	Fixtures, fittings, tools and equipment	20% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	19,649		56,128		75,777
	At 31 March 2026	19,649		56,128		75,777

	Depreciation
	At 1 April 2025	12,864		37,383		50,247
	Charge for the year	3,930		4,686		8,616
	At 31 March 2026	16,794		42,069		58,863

	Net book value
	At 31 March 2026	2,855		14,059		16,914
	At 31 March 2025	6,785		18,745		25,530


4	Investments

Other
investments
£
	Cost
	At 1 April 2025					6,050
	Disposals					(4,000)

	At 31 March 2026					2,050


5	Debtors			2026		2025
£					£

	Trade debtors			25,250		26,250


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			-		5,500
	Taxation and social security costs			30,304		53,949
	Other creditors			7,343		14,285
				37,647		73,734


7	Controlling party

	The controlling parties are Dominic Baker and Ruth McLees who hold 50% shareholding each.


8	Other information

	Ingenium Insight Limited is a private company limited by shares and incorporated in England. Its registered office is:
	34 Dan Donovan Way
	Cardiff
	Wales
	CF11 0JZ