Immediately after Pop and Family Ltd had acquired control of Twin One Ltd and Twin Two Ltd the following statements of financial position were drawn up. You are to draw up a consolidated statement of financial position.

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Investments in subsidiaries: Twin One Ltd (16,000 Ordinary £1 shares) Twin Two Ltd (19,200 Ordinary £1 shares) Non-current assets Current assets Pop and Family Statement of Financial Position Share capital - Ordinary £1 shares Retained profits Non-current assets Current assets Non-current assets Current assets Twin One Statement of Financial Position Share capital - Ordinary £1 shares Retained profits General reserve Twin Two Statement of Financial Position Share capital - Ordinary £1 shares Retained profits General reserve £ 25,600 28,000 116,800 52,800 224,000 164,000 60,000 224,000 £ 17,600 6,400 24,000 16,000 3,200 4,800 24,000 £ 30,400 9,600 40,000 24,000 9,600 6,400 40,000