| 1.54 | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | SOLUTION | Unnamed: 6 |
|---|---|---|---|---|---|---|
| Forsyth PLC | ||||||
| Statement of Financial Position as at 31 December Year 7 | ||||||
| COST | DEPN | NBV | ||||
| £ | £ | £ | ||||
| Non-Current Assets | ||||||
| Property | 100000 | 0 | 100000 | 1.0 | ||
| Machinery | 50000 | 20000 | 30000 | 2.0 | ||
| Motor Vehicles | 50000 | 40000 | 10000 | 2.0 | ||
| Intangible Assets: Goodwill | 30000 | 1.0 | ||||
| 170000 | 1.0 | |||||
| Investments | 0 | |||||
| 170000 | ||||||
| Current Assets | ||||||
| Closing Inventory | 15000 | 1.0 | ||||
| Trade Receivables | 10000 | 1.0 | ||||
| Provision for Bad Debts | 4000 | 6000 | 1.0 | |||
| Insurance Receivable | 1000 | 1.0 | ||||
| 22000 | ||||||
| Current Liabilities | ||||||
| Cash and Cash Equivalents | 1000 | 1.0 | ||||
| Trade Payables | 5000 | 1.0 | ||||
| Rates Payable | 2000 | 8000 | 1.0 | |||
| Working Equity | 14000 | 1.0 | ||||
| Net Assets Employed | 184000 | 1.0 | ||||
| Non-Current Liabilities | ||||||
| Debentures | 50000 | 50000 | 1.0 | |||
| Net Assets | 134000 | 1.0 | ||||
| EQUITY | ||||||
| 75,000 £1 Ordinary Shares | 75000 | 1.0 | ||||
| 35,000 £1 Preference Shares | 35000 | 110000 | 1.0 | |||
| Reserves | ||||||
| Unappropriated Profit | 4000 | 1.0 | ||||
| General Reserve | 10000 | 1.0 | ||||
| Share Premium | 10000 | 24000 | 1.0 | |||
| 134000 | 1.0 |