\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[t]{2}{*}{ 30-June-2022 } & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{c} Carpet \\ Ltd \end{tabular}}} & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{c} Snake \\ Ltd \\ \end{tabular}}} & \multicolumn{4}{|c|}{ Adjustments } & \multirow{2}{*}{\begin{tabular}{c} Consolidated \\ Group (\$) \end{tabular}} \\ \hline & & & & & Debit (\$) & REF & Credit (\$) & REF & \\ \hline Sales revenue & $ & 216,100.00 & $ & 139,200.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Cost of sales } \\ \hline & $ & 105,620.00 & $ & 81,113.00 & & & & & \\ \hline Gross profit & $ & 110,480.00 & $ & 58,087.00 & & & & & \\ \hline Trading expenses & $ & 58,640.00 & $ & 15,750.00 & & & & & \\ \hline Impairment loss expenses & $ & 14,310.00 & $ & 7,087.00 & & & & & \\ \hline Interest expense & $ & 9,000.00 & $ & 4,500.00 & & & & & \\ \hline Amortisation expense & $ & 5,000.00 & $ & 2,000.00 & & & & & \\ \hline Depreciation expense & $ & 3,240.00 & $ & 6,825.00 & & & & & \\ \hline Total expenses & $ & 90,190.00 & $ & 36,162.00 & & & & & \\ \hline Profit from trading & $ & 20,290.00 & $ & 21,925.00 & & & & & \\ \hline Other Revenue & $ & + & $ & 1,800.00 & & & & & \\ \hline Gain/loss on sale of Land & $ & 61,700.00 & $ & 31,750.00 & & & & & \\ \hline Net profit before tax & $ & 81,990.00 & $ & 55,475.00 & & & & & \\ \hline Tax expense & $ & 19,980.00 & $ & 12,775.00 & & & & & \\ \hline Net profit after tax & $ & 62,010.00 & $ & 42,700,00 & & & & & \\ \hline & & & & & & & & & \\ \hline Retained earnings (1/7/21) & $ & 131,400.00 & $ & 55,125.00 & & & & & \\ \hline Retained earnings (30/6/22) & $ & 193,410.00 & $ & 97,825.00 & & & & & \\ \hline Share capital & $ & 172,800.00 & $ & 115,500.00 & & & & & \\ \hline General reserve & $ & 8,000.00 & $ & 3,000.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Transfer from BCVR } \\ \hline \multicolumn{10}{|l|}{ BCVR } \\ \hline Total equity & $ & 374,210.00 & $ & 216,325.00 & & & & & \\ \hline Other Payables & $ & 37,980.00 & $ & 18,375.00 & & & & & \\ \hline Dividend Payable & $ & 22,000.00 & $ & 7,000.00 & & & & & \\ \hline Debentures & $ & 100,000.00 & $ & 50,000.00 & & & & & \\ \hline Deferred tax liability & $ & 114,800.00 & $ & 26,250.00 & & & & & \\ \hline Total liabilities & $ & 274,780.00 & $ & 101,625.00 & & & & & \\ \hline Total equity and liabilities & $ & 648,990.00 & $ & 317,950.00 & & & & & \\ \hline Land & $ & 100,000.00 & $ & 50,000.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Brand } \\ \hline Plant & $ & 152,600.00 & $ & 197,688.00 & & & & & \\ \hline Accumulated depreciation & $ & 32,940.00 & & 58,538.00 & & & & & \\ \hline Patents & $ & 21,600.00 & $ & 19,425.00 & & & & & \\ \hline Accumulated amortisation & $ & 5,000.00 & $ & 2,000.00 & & & & & \\ \hline Motor Vehicle & $ & 50,000.00 & & & & & & & \\ \hline Accumulated depreciation & $ & 5,000.00 & & & & & & & \\ \hline Investment in Debentures & $ & - & $ & 20,000.00 & & & & & \\ \hline Shares in Snake Ltd & $ & 257,000.00 & $ & - & & & & & \\ \hline Deferred tax asset & $ & 14,580.00 & $ & 16,538.00 & & & & & \\ \hline Inventories & $ & 51,300.00 & $ & 43,050.00 & & & & & \\ \hline Other Receivables & $ & 14,850.00 & $ & 21,787.00 & & & & & \\ \hline Goodwill & $ & 30,000.00 & $ & 10,000.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Accumulated Impairment } \\ \hline Total assets & $ & 648,990.00 & $ & 317,950.00 & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[t]{2}{*}{ 30-June-2022 } & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{c} Carpet \\ Ltd \end{tabular}}} & \multirow{2}{*}{\multicolumn{2}{|c|}{\begin{tabular}{c} Snake \\ Ltd \\ \end{tabular}}} & \multicolumn{4}{|c|}{ Adjustments } & \multirow{2}{*}{\begin{tabular}{c} Consolidated \\ Group (\$) \end{tabular}} \\ \hline & & & & & Debit (\$) & REF & Credit (\$) & REF & \\ \hline Sales revenue & $ & 216,100.00 & $ & 139,200.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Cost of sales } \\ \hline & $ & 105,620.00 & $ & 81,113.00 & & & & & \\ \hline Gross profit & $ & 110,480.00 & $ & 58,087.00 & & & & & \\ \hline Trading expenses & $ & 58,640.00 & $ & 15,750.00 & & & & & \\ \hline Impairment loss expenses & $ & 14,310.00 & $ & 7,087.00 & & & & & \\ \hline Interest expense & $ & 9,000.00 & $ & 4,500.00 & & & & & \\ \hline Amortisation expense & $ & 5,000.00 & $ & 2,000.00 & & & & & \\ \hline Depreciation expense & $ & 3,240.00 & $ & 6,825.00 & & & & & \\ \hline Total expenses & $ & 90,190.00 & $ & 36,162.00 & & & & & \\ \hline Profit from trading & $ & 20,290.00 & $ & 21,925.00 & & & & & \\ \hline Other Revenue & $ & + & $ & 1,800.00 & & & & & \\ \hline Gain/loss on sale of Land & $ & 61,700.00 & $ & 31,750.00 & & & & & \\ \hline Net profit before tax & $ & 81,990.00 & $ & 55,475.00 & & & & & \\ \hline Tax expense & $ & 19,980.00 & $ & 12,775.00 & & & & & \\ \hline Net profit after tax & $ & 62,010.00 & $ & 42,700,00 & & & & & \\ \hline & & & & & & & & & \\ \hline Retained earnings (1/7/21) & $ & 131,400.00 & $ & 55,125.00 & & & & & \\ \hline Retained earnings (30/6/22) & $ & 193,410.00 & $ & 97,825.00 & & & & & \\ \hline Share capital & $ & 172,800.00 & $ & 115,500.00 & & & & & \\ \hline General reserve & $ & 8,000.00 & $ & 3,000.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Transfer from BCVR } \\ \hline \multicolumn{10}{|l|}{ BCVR } \\ \hline Total equity & $ & 374,210.00 & $ & 216,325.00 & & & & & \\ \hline Other Payables & $ & 37,980.00 & $ & 18,375.00 & & & & & \\ \hline Dividend Payable & $ & 22,000.00 & $ & 7,000.00 & & & & & \\ \hline Debentures & $ & 100,000.00 & $ & 50,000.00 & & & & & \\ \hline Deferred tax liability & $ & 114,800.00 & $ & 26,250.00 & & & & & \\ \hline Total liabilities & $ & 274,780.00 & $ & 101,625.00 & & & & & \\ \hline Total equity and liabilities & $ & 648,990.00 & $ & 317,950.00 & & & & & \\ \hline Land & $ & 100,000.00 & $ & 50,000.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Brand } \\ \hline Plant & $ & 152,600.00 & $ & 197,688.00 & & & & & \\ \hline Accumulated depreciation & $ & 32,940.00 & & 58,538.00 & & & & & \\ \hline Patents & $ & 21,600.00 & $ & 19,425.00 & & & & & \\ \hline Accumulated amortisation & $ & 5,000.00 & $ & 2,000.00 & & & & & \\ \hline Motor Vehicle & $ & 50,000.00 & & & & & & & \\ \hline Accumulated depreciation & $ & 5,000.00 & & & & & & & \\ \hline Investment in Debentures & $ & - & $ & 20,000.00 & & & & & \\ \hline Shares in Snake Ltd & $ & 257,000.00 & $ & - & & & & & \\ \hline Deferred tax asset & $ & 14,580.00 & $ & 16,538.00 & & & & & \\ \hline Inventories & $ & 51,300.00 & $ & 43,050.00 & & & & & \\ \hline Other Receivables & $ & 14,850.00 & $ & 21,787.00 & & & & & \\ \hline Goodwill & $ & 30,000.00 & $ & 10,000.00 & & & & & \\ \hline \multicolumn{10}{|l|}{ Accumulated Impairment } \\ \hline Total assets & $ & 648,990.00 & $ & 317,950.00 & & & & & \\ \hline \end{tabular}