Company registration number 11561573 (England and Wales)
PREVAIL INSIGHT LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
PREVAIL INSIGHT LIMITED
COMPANY INFORMATION
Directors
J Hedges
D Huntingford
D Liddle
Secretary
J Hart
Company number
11561573
Registered office
2 Winchester Place
North Street
Poole
BH15 1NX
Auditor
Hill Osborne Ltd
2 Winchester Place
North Street
Poole
Dorset
BH15 1NX
PREVAIL INSIGHT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
PREVAIL INSIGHT LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
36,760
88,540
Current assets
Debtors
4
1,581,567
1,832,554
Cash at bank and in hand
1,078,513
1,105,886
2,660,080
2,938,440
Creditors: amounts falling due within one year
5
(557,716)
(1,173,018)
Net current assets
2,102,364
1,765,422
Total assets less current liabilities
2,139,124
1,853,962
Creditors: amounts falling due after more than one year
6
-
0
(9,106)
Provisions for liabilities
(9,190)
(22,135)
Net assets
2,129,934
1,822,721
Capital and reserves
Called up share capital
7
143
143
Profit and loss reserves
2,129,791
1,822,578
Total equity
2,129,934
1,822,721

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

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

The financial statements were approved by the board of directors and authorised for issue on 22 July 2026 and are signed on its behalf by:
J Hedges
D Huntingford
Director
Director
D Liddle
Director
Company registration number 11561573 (England and Wales)
PREVAIL INSIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 2 -
1
Accounting policies
Company information

Prevail Insight Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2 Winchester Place, North Street, Poole, BH15 1NX.

1.1
Accounting convention

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 a mounts 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.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Tangible fixed assets

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:

Computers
3 year straight line
Motor vehicles
5 year straight line

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.

PREVAIL INSIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 3 -
1.4
Impairment of fixed assets

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.

1.5
Cash and cash equivalents

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.

1.6
Financial instruments

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

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.

Classification of financial liabilities

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.

PREVAIL INSIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 4 -
Basic financial 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 paymen ts 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. A m ounts 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.

1.7
Equity instruments

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.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

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.

PREVAIL INSIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 5 -
1.10
Retirement benefits

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

1.11
Leases
As lessee

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 lease s asset are consumed.

1.12
Foreign exchange

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.

2
Employees

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

2026
2025
Number
Number
Total
41
52
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2025
142,898
Additions
3,667
Disposals
(63,455)
At 31 January 2026
83,110
Depreciation and impairment
At 1 February 2025
54,358
Depreciation charged in the year
28,316
Eliminated in respect of disposals
(36,324)
At 31 January 2026
46,350
Carrying amount
At 31 January 2026
36,760
At 31 January 2025
88,540
PREVAIL INSIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 6 -
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
4,321
352,900
Amounts owed by group undertakings and undertakings in which the company has a participating interest
1,206,642
859,644
Other debtors
370,604
620,010
1,581,567
1,832,554
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
8,844
10,129
Trade creditors
32,227
54,865
Amounts owed to group undertakings
-
0
120,431
Corporation tax
26,475
610,146
Other taxation and social security
452,579
356,900
Other creditors
37,591
20,547
557,716
1,173,018
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
-
0
9,106
7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
14,285
14,285
143
143
8
Audit report information

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 is unqualified.

Senior Statutory Auditor:
James Hill
Statutory Auditor:
Hill Osborne Ltd
Date of audit report:
27 July 2026
PREVAIL INSIGHT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 7 -
9
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Prevail Partners Limited

(Parent company)

During the year sales amounting to £814,197 (2025: £7,972,949) were recharged to and costs amounting to £1,155,942 (2025: £1,091,437) were recharged from Prevail Partners Limited. The amount due from Prevail Partners Limited at the year end was £11,026 (2025: £17,622 due to Prevail Partners Limited).

Prevail Advisory Services Limited

(Fellow subsidiary company)

During the year sales amounting to £6,638,351 (2025: £nil) were recharged to and costs amounting to £1,430,279 (2025: £396,918) were recharged to and costs amounting to £1,244,952 (2025: £305,504) were recharged from Prevail Advisory Services Limited. The amount due from Prevail Advisory Services Limited at the year end was £1,022,310 (2025: £835,323).

Prevail Maritime Limited

(Fellow subsidiary company)

During the year costs amounting to £nil (2025: £396,752) were recharged to Prevail Maritime Limited. The amount due from Prevail Maritime Limited at the year end was £nil (2025: £23,466).

Prevail Technology Limited

(Fellow subsidiary company)

During the year costs amounting to £13,187 (2025: £1,819) were recharged to and costs amounting to £1,665,500 (2025: £127,066) were recharged from Prevail Technology Limited. The amount due from Prevail Technology Limited at the year end was £170,198 (2025: £101,174 due to Prevail Technology Limited).

Prevail FZCO

(A company in which the directors have a participating interest)

During the year the company made a loan to Prevail FZCO amounting to £23,415 (2025: £nil). The amount due from Prevail FZCO at the year end was £23,415 (2025: £nil).

Skyeton Prevail Solutions Limited

(A company in which the directors have a participating interest)

During the year the company made a loan to Skyeton Prevail Solutions Limited amounting to £10,011 (2025: £nil). The amount due from Skyeton Prevail Solutions Limited at the year end was £10,011 (2025: £nil).

10
Parent company

The company's ultimate parent company is Prevail Partners Limited, incorporated in England & Wales, with its registered office address at 2 Winchester Place, North Street, Poole, BH15 1NX. Prevail Partners Limited prepares consolidated group accounts which includes the company's results, copies of which are available at Companies House.

The directors do not consider there to be an ultimate controlling party.

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