Acorah Software Products - Accounts Production 19.2.450 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 13294211 Mr Joost Beunderman Mrs Annette Dhami Mr Inderpaul Johar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13294211 2024-12-31 13294211 2025-12-31 13294211 2025-01-01 2025-12-31 13294211 frs-core:CurrentFinancialInstruments 2025-12-31 13294211 frs-core:Non-currentFinancialInstruments 2025-12-31 13294211 frs-core:ComputerEquipment 2025-12-31 13294211 frs-core:ComputerEquipment 2025-01-01 2025-12-31 13294211 frs-core:ComputerEquipment 2024-12-31 13294211 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 13294211 frs-bus:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 13294211 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 13294211 frs-bus:SmallEntities 2025-01-01 2025-12-31 13294211 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13294211 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13294211 frs-bus:Director1 2025-01-01 2025-12-31 13294211 frs-bus:Director2 2025-01-01 2025-12-31 13294211 frs-bus:Director3 2025-01-01 2025-12-31 13294211 frs-core:CurrentFinancialInstruments 1 2025-12-31 13294211 frs-core:CurrentFinancialInstruments 2 2025-12-31 13294211 frs-core:CurrentFinancialInstruments 4 2025-12-31 13294211 frs-core:CurrentFinancialInstruments 5 2025-12-31 13294211 frs-core:CurrentFinancialInstruments 7 2025-12-31 13294211 frs-countries:EnglandWales 2025-01-01 2025-12-31 13294211 2023-12-31 13294211 2024-12-31 13294211 2024-01-01 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 2024-12-31 13294211 frs-core:Non-currentFinancialInstruments 2024-12-31 13294211 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 1 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 2 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 3 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 4 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 5 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 6 2024-12-31 13294211 frs-core:CurrentFinancialInstruments 7 2024-12-31
Registered number: 13294211
Dark Matter Laboratories Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Ashton McGill
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13294211
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,707 10,147
9,707 10,147
CURRENT ASSETS
Debtors 5 562,076 201,264
Cash at bank and in hand 1,191,429 574,809
1,753,505 776,073
Creditors: Amounts Falling Due Within One Year 6 (1,657,030 ) (750,321 )
NET CURRENT ASSETS (LIABILITIES) 96,475 25,752
TOTAL ASSETS LESS CURRENT LIABILITIES 106,182 35,899
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,427 ) (1,928 )
NET ASSETS 103,755 33,971
Income and Expenditure Account 103,755 33,971
MEMBERS' FUNDS 103,755 33,971
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For the year ending 31 December 2025 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
02/09/2026
The notes on pages 3 to 5 form part of these financial statements.
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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 address the interconnected crises of our time which we view as symptoms of a deeper, structural miscoding of our economic systems. We understand these codes to be physical (e.g. biodiversity, energy, labour and materials), structural (e.g. money creation, embedded inequality and private property rights) and psychological (e.g. failure of the imagination).
Recognising the complex, entangled reality of living systems, we are exploring alternative pathways for organising society and stewarding the shared planetary commons. Our working hypothesis is that these pathways must be rooted in a radical reframing of our relationship to everything; from technology and money to land and the other-than-human world. We are framing this transformation as a shift towards Life-Ennobling Economies. 
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 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.
Rendering of services
Turnover from the rendering of services is generally recognised as contractual activity progresses so that for incomplete projects it reflects the partial performance of the contractual obligations. For such contracts the amount of turnover reflects the accrual of the right to consideration by reference to the value of the work performed. Turnover not billed to customers is included in debtors and invoices issued in excess of the relevant amount of turnover earned are included within deferred income. 
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.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Grants
Grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned.
All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2024: 21)
24 21
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2025 15,974
Additions 2,379
As at 31 December 2025 18,353
Depreciation
As at 1 January 2025 5,827
Provided during the period 2,819
As at 31 December 2025 8,646
...CONTINUED
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Net Book Value
As at 31 December 2025 9,707
As at 1 January 2025 10,147
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 41,214 34,481
Prepayments and accrued income 12,221 15,014
Other debtors 11,962 5,473
DML Group 25,016 -
Laboratoires de Matièrès Sombres 26,954 -
DML Sweden 343,848 117,932
DML South Korea Debtor 85,861 13,364
547,076 186,264
Due after more than one year
Other debtors 15,000 15,000
562,076 201,264
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 25,752 28,248
Corporation tax 18,316 -
Other taxes and social security 31,717 18,893
VAT 4,801 4,986
Net wages 26 -
Other creditors 52,970 -
Pensions 9,839 8,245
Laboratoires de Matièrès Sombres Creditor - 59,043
Accruals 48,525 128,770
DML B.V. 36,711 61,834
DML Group Ltd - 2,753
Deferred income 1,428,373 437,549
1,657,030 750,321
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.
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