7.17 Downside Green Limited had the following balances relating to its position at 31 December 20X1:

£

Overdraft 7,746 Share capital 100,000 Loan repayable 31 December 20X8 100,000 Trade receivables 916,278 Cash in hand 260 Intangible non-current assets at carrying amount 80,000 Trade payables 868,462

£
Retained earnings 1,850,824 Tangible non-current assets at carrying amount 1,082,184 Inventories 841,740 Non-current asset investments 24,860 Other payables (all current liabilities) 18,290 The directors wish to see how the statement of financial position will be presented when it is sent to shareholders.
Downside Green’s financial controller intends to use the following statement of financial position format:
ASSETS Non-current assets Intangible assets Tangible assets Investments Current assets Inventories Receivables (including prepayments)
Investments Cash at bank and in hand Total assets EQUITY AND LIABILITIES Equity Share capital Retained earnings Non-current liabilities Borrowings Current liabilities Bank loans and overdrafts Trade payables Other payables, including taxation and social security Accruals Total liabilities Total equity and liabilities Prepare the statement of financial position for Downside Green Limited for the year ended 31 December 20X1 in the format requested by the directors.