From the following trial balance of Beta Ltd and additional information, prepare the company's statement of financial position as at 31 December 2023.

Beta Ltd Trial Balance as at 31 December 2023:

Account Name	Debit (£)	Credit (£)
Sales		1,000,000
Purchases	600,000
Inventory (01.01.2023)	150,000
Rent	70,000
Salaries	180,000
Administrative Expenses	90,000
Depreciation	50,000
Interest	30,000
Equity Capital		400,000
Retained Earnings (01.01.2023)		200,000
Trade Payables		150,000
Trade Receivables	80,000
Cash	40,000
Buildings	600,000
Machinery	300,000
Accumulated Depreciation		100,000
Total	2,190,000	2,190,000

Additional Information:

• Closing Inventory: £180,000
• Corporation Tax: £70,000