Company: ARBK
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001654954-25-011205
Chunk: 7

Company: Argo Blockchain Plc
Filing Date: 2025-09-30
Form: 6-K
Chunk 7
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#### Conclusion
Having considered the matters described above, the Board believes it is appropriate to prepare these interim financial statements on a going concern basis. However, the Directors note that successful execution of the Recapitalisation Plan and continued access to the Growler loan facility, together with the inherent volatility of the Group's operating environment, represent material uncertainties that may cast significant doubt on the Group's and Company's ability to continue as a going concern.

**4. ADOPTION OF NEW AND REVISED STANDARDS AND INTERPRETATIONS**

The Group has adopted all recognition, measurement and disclosure requirements of IFRS, including any new and revised standards and Interpretations of IFRS, in effect for annual periods commencing on or after 1 January 2024. The adoption of these standards and amendments did not have any material impact on the financial results or position of the Group.

Standards which are in issue but not yet effective:

At the date of authorisation of these financial statements, the following Standards and Interpretation, which have not yet been applied in these financial statements, were in issue but not yet effective.

| Standard or Interpretation | Description                                                   | Effective date for annual accounting period beginning on or 
 after                                                       |
| IFRS                       
 18                         | Presentation and Disclosure in Financial Statements           | 1                                                           
 January 2027                                                |
| IFRS                       
 7/9 (amendments)           | Amendments to the Classification and Measurement of Financial 
 Instruments. Contracts referencing Nature-dependant           
 Electricity.                                                  | 1                                                           
 January 2026                                                |
| IFRS 7                     
 (amendments)               | Disclosures - Gain or Loss on Derecognition, Credit           
 Risk.                                                         | 1                                                           
 January 2026                                                |
| IFRS                       
 10                         | Determination of a 'de-facto' agent                           | 1                                                           
 January 2026                                                |
| IFRS 9                     
 (amendments)               | Derecognition of Lease Liabilities                            | 1                                                           
 January 2026                                                |

The Group has not early adopted any of the above standards and intends to adopt them when they become effective.

No deferred tax asset has been recognised in respect of tax losses carried forward on the basis that there is insufficient certainty over the level of future profits to utilise against this amount.

#### Income tax expense
The tax on the Group's profit before tax differs from the theoretical amount that would arise using the weighted average tax rate applicable to