IRIS Accounts Production v24.3.0.553 07123515 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071235152023-01-31071235152024-01-31071235152023-02-012024-01-31071235152022-01-31071235152022-02-012023-01-31071235152023-01-3107123515ns15:EnglandWales2023-02-012024-01-3107123515ns14:PoundSterling2023-02-012024-01-3107123515ns10:Director12023-02-012024-01-3107123515ns10:CompanyLimitedByGuarantee2023-02-012024-01-3107123515ns10:SmallEntities2023-02-012024-01-3107123515ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3107123515ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3107123515ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3107123515ns10:FullAccounts2023-02-012024-01-310712351512023-02-012024-01-3107123515ns10:Director22023-02-012024-01-3107123515ns10:RegisteredOffice2023-02-012024-01-3107123515ns5:CurrentFinancialInstruments2024-01-3107123515ns5:CurrentFinancialInstruments2023-01-3107123515ns5:RetainedEarningsAccumulatedLosses2024-01-3107123515ns5:RetainedEarningsAccumulatedLosses2023-01-3107123515ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3107123515ns5:ComputerSoftware2023-02-012024-01-3107123515ns5:ComputerSoftware2023-01-3107123515ns5:ComputerSoftware2024-01-3107123515ns5:ComputerSoftware2023-01-3107123515ns5:ComputerEquipment2023-01-3107123515ns5:ComputerEquipment2023-02-012024-01-3107123515ns5:ComputerEquipment2024-01-3107123515ns5:ComputerEquipment2023-01-3107123515ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3107123515ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 07123515 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

THE DARK MOUNTAIN PROJECT LTD

THE DARK MOUNTAIN PROJECT LTD (REGISTERED NUMBER: 07123515)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE DARK MOUNTAIN PROJECT LTD

Company Information
for the year ended 31 January 2024







DIRECTORS: C J L Du Cann
N H Hunt





REGISTERED OFFICE: 1 Gratitude Road
Bristol
BS5 6EH





REGISTERED NUMBER: 07123515 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

THE DARK MOUNTAIN PROJECT LTD (REGISTERED NUMBER: 07123515)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 569
Tangible assets 5 58 87
58 656

CURRENT ASSETS
Stocks 3,997 4,636
Debtors 6 358 143
Cash at bank 25,152 26,731
29,507 31,510
CREDITORS
Amounts falling due within one year 7 (21,353 ) (30,473 )
NET CURRENT ASSETS 8,154 1,037
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,212

1,693

RESERVES
Income and expenditure account 8,212 1,693
8,212 1,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE DARK MOUNTAIN PROJECT LTD (REGISTERED NUMBER: 07123515)

Balance Sheet - continued
31 January 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by:





C J L Du Cann - Director


THE DARK MOUNTAIN PROJECT LTD (REGISTERED NUMBER: 07123515)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

The Dark Mountain Project Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes at the date of which the ownership of goods transfers to the customer.

Revenue is recognised at the date ownership of goods transfers to the customer. Revenue from subscriptions is recognised monthly over the life of the subscription.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment-33% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
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 entity after deducting all of its financial liabilities.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.


THE DARK MOUNTAIN PROJECT LTD (REGISTERED NUMBER: 07123515)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an 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 asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 February 2023
and 31 January 2024 30,420
AMORTISATION
At 1 February 2023 29,851
Amortisation for year 569
At 31 January 2024 30,420
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 569

THE DARK MOUNTAIN PROJECT LTD (REGISTERED NUMBER: 07123515)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023
and 31 January 2024 289
DEPRECIATION
At 1 February 2023 202
Charge for year 29
At 31 January 2024 231
NET BOOK VALUE
At 31 January 2024 58
At 31 January 2023 87

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 358 143

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 21,353 30,473