Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13294211 Mr Joost Beunderman Mrs Annette Dhami Mr Inderpaul Johar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13294211 2022-12-31 13294211 2023-12-31 13294211 2023-01-01 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 2023-12-31 13294211 frs-core:Non-currentFinancialInstruments 2023-12-31 13294211 frs-core:ComputerEquipment 2023-12-31 13294211 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13294211 frs-core:ComputerEquipment 2022-12-31 13294211 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13294211 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 13294211 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13294211 frs-bus:SmallEntities 2023-01-01 2023-12-31 13294211 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13294211 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13294211 frs-bus:Director1 2023-01-01 2023-12-31 13294211 frs-bus:Director2 2023-01-01 2023-12-31 13294211 frs-bus:Director3 2023-01-01 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 1 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 2 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 3 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 4 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 5 2023-12-31 13294211 frs-core:CurrentFinancialInstruments 6 2023-12-31 13294211 frs-countries:EnglandWales 2023-01-01 2023-12-31 13294211 2021-12-31 13294211 2022-12-31 13294211 2022-01-01 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 2022-12-31 13294211 frs-core:Non-currentFinancialInstruments 2022-12-31 13294211 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 1 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 2 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 3 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 4 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 5 2022-12-31 13294211 frs-core:CurrentFinancialInstruments 6 2022-12-31
Registered number: 13294211
Dark Matter Laboratories Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Ashton McGill
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13294211
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 10,818 2,667
10,818 2,667
CURRENT ASSETS
Debtors 5 532,990 71,641
Cash at bank and in hand 302,255 325,301
835,245 396,942
Creditors: Amounts Falling Due Within One Year 6 (824,482 ) (484,730 )
NET CURRENT ASSETS (LIABILITIES) 10,763 (87,788 )
TOTAL ASSETS LESS CURRENT LIABILITIES 21,581 (85,121 )
NET ASSETS/(LIABILITIES) 21,581 (85,121 )
Income and Expenditure Account 21,581 (85,121 )
MEMBERS' FUNDS 21,581 (85,121)
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mrs Annette Dhami
Director
18/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Dark Matter Laboratories Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 13294211 . The registered office is 217 Mare Street, Hackney, London, E8 3QE.

The company is a research organisation working to take on planetary scale changes by designing and building the underlying infrastructure to support a new civic economy. This new economy is community-led, based on many-to-many relationships and prioritizes mental wellbeing and Nature-based solutions as platforms for further change.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Transfer Pricing and Management Fees
Dark Matter Laborabories Limited is subject to a transfer pricing agreement with other Dark Matter Laboratories entities to provide and receive services at cost plus an agreed mark up. A management fee was also charged by an entity under common ownership in support of its activities for the Net Zero Cities work which is of strategic importance for the group. 
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2022: 19)
22 19
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 3,556
Additions 10,023
As at 31 December 2023 13,579
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 January 2023 889
Provided during the period 1,872
As at 31 December 2023 2,761
Net Book Value
As at 31 December 2023 10,818
As at 1 January 2023 2,667
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 123,241 (16,248 )
Prepayments and accrued income 65,453 4,424
Other debtors 20,646 22,808
DML Group 6,247 6,247
DML Sweden 131,748 (13,508 )
DML BV 179,655 61,918
526,990 65,641
Due after more than one year
Other debtors 6,000 6,000
532,990 71,641
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 48,103 34,092
Corporation tax - 10,504
Other taxes and social security 19,368 44,009
Net wages - 147
Other creditors 56,576 14,001
Pensions 9,360 8,644
DML South Korea 18,031 17,160
DML Canada 757 24,681
Accruals 73,612 -
Deferred Income 598,675 331,492
824,482 484,730
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 3