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REGISTERED NUMBER: 14340528 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Farx Group Limited

Farx Group Limited (Registered number: 14340528)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1


Farx Group Limited (Registered number: 14340528)

Balance Sheet
31 March 2024

31.3.24 31.3.23
£    £   
FIXED ASSETS 2 -

CURRENT ASSETS 42,993 1,137

CREDITORS
Amounts falling due within one year (43,150 ) (1 )
NET CURRENT (LIABILITIES)/ASSETS (157 ) 1,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

(155

)

1,136

CAPITAL AND RESERVES (155 ) 1,136

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Farx Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14340528

Registered office: Grange House
Grange Road
Malvern
WR14 3HA

2. RELATED PARTY DISCLOSURES

At the year end included in debtors is a balance with Farx Operation (UK) Ltd of £29,617 & Farx Technologies Ltd £10,723, both wholly owned subsidiaries.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2023 - 3 ) .

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the company owed £528 (2023: £0) to Mr. Clive Summerfield who is one of the directors of the company.

5. GOING CONCERN

Dr Clive Summerfield, one of the directors, has adopted the going concern basis in preparing these financial statements by forming judgement at the time of approving these financial statements that he will personally provide funds to the company so that it has adequate resources to continue in operational existence for the foreseeable future, which is at least the next 12 months from the date of approval of these accounts.



Farx Group Limited (Registered number: 14340528)

Balance Sheet - continued
31 March 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 profit or loss 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by:





Dr Clive Summerfield - Director