Insight IT Recruitment Limited

Insight IT Recruitment Limited
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	45,167	54,995
Tangible fixed assets	4	66,009	88,754
		111,176	143,749
Current assets
Debtors: amounts falling due within one year		427,903	282,524
Cash at bank and in hand		972	58,732
		428,875	341,256
Creditors: amount falling due within one year		(463,216)	(283,721)
Net current assets		(34,341)	57,535

Total assets less current liabilities		76,835	201,284
Creditors: amount falling due after more than one year		(50,697)	(87,817)
Provisions for liabilities		(21,812)	(23,679)
Net assets		4,326	89,788

Capital and reserves
Called up share capital	5	100	100
Profit and loss account		4,226	89,688
Shareholders' funds		4,326	89,788

For the year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 17 September 2026 and were signed on its behalf by:

-------------------------------
Sean McCleary
Director

Insight IT Recruitment Limited
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Insight IT Recruitment Limited is a private company, limited by shares, registered in England and Wales, registration number 09953328, registration address C/O Burton Varley Ltd , The Counting House 24 Richmond Road, Bowdon, Altrincham, England, WA14 2TT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Basis of preparation

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	33.33% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 22 (2025 : 26).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 February 2025	98,281	98,281
Additions	-	-
Disposals	-	-
At 31 January 2026	98,281	98,281
Amortisation
At 01 February 2025	43,286	43,286
Charge for year	9,828	9,828
On disposals	-	-
At 31 January 2026	53,114	53,114
Net book values
At 31 January 2026	45,167	45,167
At 31 January 2025	54,995	54,995

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 February 2025	5,950	91,637	9,466	18,077	125,130
Additions	-	-	368	743	1,111
Disposals	-	-	-	-	-
At 31 January 2026	5,950	91,637	9,834	18,820	126,241
Depreciation
At 01 February 2025	4,952	11,455	4,385	15,584	36,376
Charge for year	200	20,045	1,305	2,306	23,856
On disposals	-	-	-	-	-
At 31 January 2026	5,152	31,500	5,690	17,890	60,232
Net book values
Closing balance as at 31 January 2026	798	60,137	4,144	930	66,009
Opening balance as at 01 February 2025	998	80,182	5,081	2,493	88,754

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
10,000 Class A shares of £0.01 each	100		100
	100		100