Parents Ltd bought 52% of the shares in Offspring Ltd on 31 October 2017. From the following statements of financial position you are to draw up the consolidated statement of financial position as at 31 October 2018.

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Investment in Offspring Ltd: 46,800 shares Non-current assets Current assets Papai Statement of Financial Position as at 31 October 2018 Share capital Retained profits: As at 31.10.2017 Add Profit for 2018 Non-current assets Current assets Share capital Retained profits: Offspring Statement of Financial Position as at 31 October 2018 As at 31.10.2017 Add Profit for 2018 General reserve (unchanged since 2017) £ 31,000 51,000 £ 9,000 7,000 £ 80,000 121,000 41,000 242,000 160,000 82,000 242,000 £ 103,000 23,000 126,000 90,000 16,000 20,000 126,000