The following information is available for Aston Products Plc as at 30 April 20X8.

There were no other reserves in the statement of financial position at 30 April 20X8.
You are given the following additional information relating to the year ended 30 April 20X9.
1. The company issued one million equity shares at a price of 75 pence each on 1 January 20X9.
2. The management have decided to revalue the land and buildings that cost £400,000 at a value of £600,000.
3. The profit before tax for the year ended 30 April 20X9 was £475,000.
4. The income tax charge on the profit for the year ended 30 April 20X9 was estimated to be £325,000.
5. There are no interim dividends during the year ended 30 April 20X9 but the directors have proposed a final dividend on the preference shares, and a dividend of 10 pence each on the equity shares.
6. The directors have agreed to transfer £350,000 to a general reserve at 30 April 20X9. You are required to prepare in vertical form the statement of comprehensive income for the year ended 30 April 20X9, a statement of financial position extract at that date showing the composition of the equity and a statement of changes in equity.

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Allotted and called-up share capital Equity shares of 50p each 6% preference shares of £1 each Retained profits £'000 2,000 1,000 3,000 950