Company: ARBK
Filing Date: 2025-05-09
Form Type: 6-K
Source: 0001654954-25-005344
Chunk: 75

Company: Argo Blockchain Plc
Filing Date: 2025-05-09
Form: 6-K
Chunk 75
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 |
| Total                     
 net (debt) / asset        |   |  -38,527 |  -37,465 |

### NOTES TO THE FINANCIAL STATEMENTS
Argo Blockchain PLC (“the company”) is a public company, limited by shares, and incorporated in England and Wales. The registered office is Eastcastle House, 27-28 Eastcastle Street, London, W1W 8DH. The company was incorporated on 5 December 2017 as GoSun Blockchain Limited and changed its name to Argo Blockchain Limited on 21 December 2017. Also on 21 December 2017, the company re-registered as a public company, Argo Blockchain plc. Argo Blockchain plc acquired a 100% subsidiary, Argo Innovation Labs Inc. (together “the Group”), incorporated in Canada, on 12 January 2018.

The Company financial statements are required by Companies House and do not include any intercompany eliminations, The Company financial statements and note disclosures should be read in conjunction with the Group statements and notes above.

The notes to the company Financial Statements should be viewed in conjunction with the Group Financial Statements.

1.

2023 RESTATEMENT

The Group identified errors in the prior year intercompany recharge allocations due to a misapplication of the groups

recharge policy. The impact was material, requiring restatement of the prior period financial statements in accordance

with IAS 8. Comparative figures have been adjusted as follows:

|                               | 2023 Original | Movement | 2023 Restated |
| Loss for the period           |       -14,901 |  -16,620 |       -31,521 |
| Intercompany Loan             |        28,199 |  -17,025 |        11,174 |
| Accumulated (surplus)/deficit |       161,448 |   16,867 |       178,315 |

This restatement had no impact on cashflows.

2.

TRADE AND OTHER RECEIVABLES / INTERCOMPANY

|                                   | Company 
    2024 | Company 
    2023 |
|                                   |   $’000 |   $’000 |
| Trade                             
 and other receivables/prepayments |     582 |     650 |
| Total                             
 trade and other receivables       |     582 |     650 |

COMPANY - INTERCOMPANY

|                                    | Company 
    2024 | Company 
    2023 |
|