The following figures for the year to 30 April 19X6 have been extracted from the books and records of three companies which form a group:

Required:
A consolidated profit and loss account for Old ple and its subsidiaries Aa the year ended 30 April 19X6, together with any relevant notes.

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Old plc Field Lodge Ltd Ltd Revenue reserves at 1 May 19X5 30,000 40,000 50,000 Stocks at 1 May 19X5 90,000 150,000 80,000 Sales 1,250,000 875,000 650,000 Purchases 780,000 555,000 475,000 Distribution expenses 125,000 85,000 60,000 Administration expenses 28,000 40,000 72,000 Interim dividends: Paid 31 July 19X5, ordinary 45,000 35,000 15,000 Paid 31 October 19X5, preference 4,000 Share capital-fully paid ordinary shares of 1 each 450,000 350,000 200,000 8% preference shares of 1 each 100,000 Stocks at 30 April 19X6 110,000 135,000 85,000 Profits are deemed to accrue evenly throughout the year. Other information: (a) Corporation tax of the following amounts is to be provided on the profits of the year: Old plc Field Ltd Lodge Ltd 125,000 75,000 20,000 (b) Final dividends proposed are: