After the profit and loss appropriation account has been prepared for the year ended 30 September 19X4, the following balances remain in the books of Belle Works plc. You are to draw up a balance sheet in accordance with the Companies Acts.

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43 Ordinary share capital Share premium Revaluation reserve General reserve 70,000 5,000 10,500 6,000 Foreign exchange reserve 3,500 Profit and loss 6,297 Patents, trade marks and licences 1,500 Goodwill 17,500 Land and buildings 90,000 Provision for depreciation: Land and buildings 17,500 Plant and machinery 38,600 Provision for depreciation: Plant and machinery 19,200 Stock of raw materials: 30 September 19X4 14,320 Work in progress: 30 September 19X4 5,640 Finished goods: 30 September 19X4 13,290 Debtors: Trade 11,260 Debtors: Other 1,050 Prepayments and accrued income 505 Debentures (redeemable in 6 months' time) Debentures (redeemable in 4% years' time) Bank overdraft (repayable in 3 months) Trade creditors (payable in next 12 months) Trade creditors (payable after 12 months) Bills of exchange (payable within 12 months) Corporation tax (payable in 9 months' time) National insurance (payable in next month) 6,000 12,000 3,893 11,340 1,260 4,000 14,370 305