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Company Registration No. 07757334 (England and Wales)
Danger Farms Software Limited Unaudited accounts for the year ended 31 August 2024
Danger Farms Software Limited Unaudited accounts Contents
Page
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Danger Farms Software Limited Company Information for the year ended 31 August 2024
Director
Lewis Taylor
Company Number
07757334 (England and Wales)
Registered Office
Unit 4 21 Wharf Street London SE8 3GG England
Accountants
Sidgrove 86-90 Paul Street London EC2A 4NE
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Danger Farms Software Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
22,000 
4,400 
Tangible assets
1,090 
2,366 
23,090 
6,766 
Current assets
Debtors
1,716,129 
260,017 
Cash at bank and in hand
58,109 
1,376,780 
1,774,238 
1,636,797 
Creditors: amounts falling due within one year
(76,435)
(109,333)
Net current assets
1,697,803 
1,527,464 
Total assets less current liabilities
1,720,893 
1,534,230 
Provisions for liabilities
Deferred tax
(162)
(449)
Net assets
1,720,731 
1,533,781 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,720,730 
1,533,780 
Shareholders' funds
1,720,731 
1,533,781 
For the year ending 31 August 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 May 2025 and were signed on its behalf by
Lewis Taylor Director Company Registration No. 07757334
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Danger Farms Software Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Danger Farms Software Limited is a private company, limited by shares, registered in England and Wales, registration number 07757334. The registered office is Unit 4, 21 Wharf Street, London, SE8 3GG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight Line Over 3 Years
Intangible fixed assets
Intangible fixed assets are included at cost less accumulated amortisation. Intangible fixed assets include cryptocurrency deposits which have been revalued according to the trading market value as of the balance sheet date.
Prior year adjustments
The prior year comparatives have been updated on the back of the finalisation of the R&D credit claim. Amendments have been made to the following accounts: Creditors: amounts falling due within one year: £109,333 (previously: £74,484) Profit and loss account: £1,533,780 (previously: £1,568,629)
Employee Ownership Trust (EOT)
During the year, the company provided a loan to an Employee Ownership Trust (EOT) to facilitate the acquisition of shares in the company for the benefit of its employees.
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Danger Farms Software Limited Notes to the Accounts for the year ended 31 August 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
4,400 
Additions
17,600 
At 31 August 2024
22,000 
Amortisation
At 1 September 2023
- 
At 31 August 2024
- 
Net book value
At 31 August 2024
22,000 
At 31 August 2023
4,400 
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
9,526 
At 31 August 2024
9,526 
Depreciation
At 1 September 2023
7,160 
Charge for the year
1,276 
At 31 August 2024
8,436 
Net book value
At 31 August 2024
1,090 
At 31 August 2023
2,366 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
78,380 
241,653 
Accrued income and prepayments
- 
5,993 
Other debtors
7,749 
12,371 
86,129 
260,017 
Amounts falling due after more than one year
Other debtors
1,630,000 
- 
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Danger Farms Software Limited Notes to the Accounts for the year ended 31 August 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
54,678 
19,026 
Taxes and social security
7,118 
82,570 
Accruals
14,639 
7,737 
76,435 
109,333 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Lewis Taylor
Loan repayable on demand
(1,018)
9,781 
- 
8,763 
(1,018)
9,781 
- 
8,763 
At the balance sheet date, £8,763 (2023: £1,018) was owed from the director. The total balance is unsecured, interest-free, and repayable on demand.
9
Average number of employees
During the year the average number of employees was 3 (2023: 5).
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