Statement of Profit or Loss for the year ended 30 April 2020 PEELER SPATULA APPLECORER 000s 000s 000s Revenue Cost of Sales Gross Profit Administration Costs Distribution Costs Depreciation Operating Profit Net Finance Cost Profit before Tax Income Tax Expense Profit for Year Statement of Financial Position as at 30th April 2020 ASSETS Non Current Assets Property.plant and equipment Investment property 15,900 7,500 4,349 -13,620 -5.110 -3,295 2,280 2,390 1,054 -500 -280 -430 -240 -210 -100 -750 -600 -200 790 1,300 324 -110 0 0 680 1,300 324 -200 -210 -129 480 1,090 195 PEELER SPATULA APPLECORER 000s 000s 000s 13,000 9,800 4,300 14,000 2,000 Investment in S Investment in A Current Assets Inventory Trade Receivables Bank TOTAL ASSETS 12,000 1,400 0 0 40,400 11,800 4,300 970 610 395 1650 870 540 300 160 110 2,920 1,640 1,045 43,320 13,440 5,345 EQUITY & LIABILITIES Equity & Reserves Ordinary Share Capital (2 each) 30,000 10,000 4,500 Retained Earnings 11,520 2.990 545 41,520 12,990 5,045 Non-Current Liabilities 10% Loan Notes 1,100 0 200 Current Liabilities Trade Payables 700 450 100 700 450 100 43,320 13,440 5,345