Cool 1 Berwick plc Berwolded 31 mar 2000 E Pobre 0.000 Dividends and Devlet 70.000 Land 1.500.000 Pantand machinery 550.000 Nome depreciation Cott Adenco 6000 Itones and progress 370.000 Tiade recovery 420 000 1000 Lease send costsid 55.000 Payments and accu $2.000 100.000 Bank balance in handed over 29.000 110.000 Ordinary shclothsch 350.000 Relinedings 77000 Revolution Share premum account 50.000 3594594600 Additional Information: 1) The company and and bodies were used on 1 y 2015 sement 300.000 Thening of the big years. The property orgy cost onontbury 2015200 was being depreciated over 50 years (2) No adjustments have been made for the depreciation charges 31 January 2020. Decisions are Land and buildings se above Plant and machinery So straight Motor vehicles 20% reducing bang 13) On 1 February 2019, Berwick acquired and of planter agrementada implicitnance cost of 10% per annum. They incurred indrets of 5.000 in respecto the negotiation of the lesse The fente regined and deposit of 20.000 paid on February 2019 de festa rental of 60.000 paid on 31 January 2020 The fase agreement requires further annual payments of 60.000 on 31 January each year for the next four years and a final deitional payment of E4, 1130 31 January 2004 The present value of the lease payments amourned to $250.000. The use of plantis 5 years. The aiment paid and the direct cost med have been the balance Noter accounting entries have been made in respect of the lease (4) Taxonprofits for the year has been estimated at 155.000 and has yet to be provided for in the trial balance 15) The development expenditure was incurred during the year and resto ang product Development will be completed in 2021. The company believes than a reasonable expectation of future benefits but has been unable to demonstrate this 36) One of Berwick pic's customers who owed 16.000 at 31 January 2020 weet into liquidation on 2 February 2020. The liquidator has told creditors that they can expect to receive 30 in the (7) On 31 December 2019 Berwick pic made a 1 for 5 nights 125. These was fully subscribed. The amount received was debited to cash and credited to retained comingas the bookkeeper was not sure how to post it Requirement Prepare the statement of financial position of Berwick pic as at 31 January 2020 and the statement of changes in quity for the year ended 31 January 2020 in a form sua for publication to the extent the information is available Total 25 Marks Cool 1 Berwick plc Berwolded 31 mar 2000 E Pobre 0.000 Dividends and Devlet 70.000 Land 1.500.000 Pantand machinery 550.000 Nome depreciation Cott Adenco 6000 Itones and progress 370.000 Tiade recovery 420 000 1000 Lease send costsid 55.000 Payments and accu $2.000 100.000 Bank balance in handed over 29.000 110.000 Ordinary shclothsch 350.000 Relinedings 77000 Revolution Share premum account 50.000 3594594600 Additional Information: 1) The company and and bodies were used on 1 y 2015 sement 300.000 Thening of the big years. The property orgy cost onontbury 2015200 was being depreciated over 50 years (2) No adjustments have been made for the depreciation charges 31 January 2020. Decisions are Land and buildings se above Plant and machinery So straight Motor vehicles 20% reducing bang 13) On 1 February 2019, Berwick acquired and of planter agrementada implicitnance cost of 10% per annum. They incurred indrets of 5.000 in respecto the negotiation of the lesse The fente regined and deposit of 20.000 paid on February 2019 de festa rental of 60.000 paid on 31 January 2020 The fase agreement requires further annual payments of 60.000 on 31 January each year for the next four years and a final deitional payment of E4, 1130 31 January 2004 The present value of the lease payments amourned to $250.000. The use of plantis 5 years. The aiment paid and the direct cost med have been the balance Noter accounting entries have been made in respect of the lease (4) Taxonprofits for the year has been estimated at 155.000 and has yet to be provided for in the trial balance 15) The development expenditure was incurred during the year and resto ang product Development will be completed in 2021. The company believes than a reasonable expectation of future benefits but has been unable to demonstrate this 36) One of Berwick pic's customers who owed 16.000 at 31 January 2020 weet into liquidation on 2 February 2020. The liquidator has told creditors that they can expect to receive 30 in the (7) On 31 December 2019 Berwick pic made a 1 for 5 nights 125. These was fully subscribed. The amount received was debited to cash and credited to retained comingas the bookkeeper was not sure how to post it Requirement Prepare the statement of financial position of Berwick pic as at 31 January 2020 and the statement of changes in quity for the year ended 31 January 2020 in a form sua for publication to the extent the information is available Total 25 Marks