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REGISTERED NUMBER: 08294336 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2017

FOR

FTX GROUP LTD

FTX GROUP LTD (REGISTERED NUMBER: 08294336)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2017




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


FTX GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2017







DIRECTOR: Mr D N Merry





REGISTERED OFFICE: 30 Dukes Place
London
EC3A 7LP





REGISTERED NUMBER: 08294336 (England and Wales)





ACCOUNTANTS: Kirk Rice LLP
The Courtyard
High Street
Ascot
Berkshire
SL5 7HP

FTX GROUP LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
FTX GROUP LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not
required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2017 set out on pages four to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Kirk Rice LLP
The Courtyard
High Street
Ascot
Berkshire
SL5 7HP


20th June 2019

FTX GROUP LTD (REGISTERED NUMBER: 08294336)

BALANCE SHEET
31ST DECEMBER 2017

31.12.17 31.12.16
as restated
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,136 6,937
3,136 6,937

CURRENT ASSETS
Debtors 6 21,241 34,581
Cash at bank 25,151 101,002
46,392 135,583
CREDITORS
Amounts falling due within one year 7 (75,434 ) (157,569 )
NET CURRENT LIABILITIES (29,042 ) (21,986 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,906

)

(15,049

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (26,006 ) (15,149 )
SHAREHOLDERS' FUNDS (25,906 ) (15,049 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 20th June 2019 and were signed by:





Mr D N Merry - Director


FTX GROUP LTD (REGISTERED NUMBER: 08294336)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2017

1. STATUTORY INFORMATION

FTX Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number
and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

Intangible fixed assets
Intangible fixed assets comprise of purchased domain names. They are amortised over the estimated useful economic life of 3
years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33.33% on cost
Fixtures and fittings - 33.33% on cost

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to
items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The accounts are prepared on the going concern basis as it is in the director's opinion that the company will be trading for at
least 12 months from the date when the balance sheet is signed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 1st January 2017
and 31st December 2017 2,800
AMORTISATION
At 1st January 2017
and 31st December 2017 2,800
NET BOOK VALUE
At 31st December 2017 -
At 31st December 2016 -

FTX GROUP LTD (REGISTERED NUMBER: 08294336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2017

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st January 2017
and 31st December 2017 2,026 12,765 14,791
DEPRECIATION
At 1st January 2017 2,026 5,828 7,854
Charge for year - 3,801 3,801
At 31st December 2017 2,026 9,629 11,655
NET BOOK VALUE
At 31st December 2017 - 3,136 3,136
At 31st December 2016 - 6,937 6,937

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
as restated
£    £   
Amounts owed by group undertakings 3,739 6,028
Other debtors 17,502 15,286
Tax - 13,267
21,241 34,581

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
as restated
£    £   
Bank loans and overdrafts 55,198 -
Trade creditors 264 72,973
Amounts owed to group undertakings - 77,800
Social security and other taxes 2,701 3,339
VAT 1,800 2,146
Other creditors 11,511 111
Directors' current accounts 660 -
Accrued expenses 3,300 1,200
75,434 157,569

8. RELATED PARTY DISCLOSURES

At the balance sheet date, DMO International , a company under common control, was owed £nil (2016: £77,800). The amount owed is interest free, and is repayable on demand.

Also at the balance sheet date, the company was owed £3,739 (2016 £6,028) from its immediate parent entity, KI Capital
Limited. The amount owed is interest free, and is repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is KI Capital Limited , a company incorporated in England and Wales.

The address of the parent company is:
30 Dukes Place, London, EC3A 7LP.

The ultimate controlling party is Mr D N Merry .