Unbeatable Undercarriages Ltd is a UK resident company which has been trading for many years and manufactures aircraft components. The company had always prepared accounts to 31 March but decided to change its accounting date to 31 December.

The companys results for the nine months ended 31 December 2022 are as follows:

Trading profits (as adjusted for taxation but before capital

allowances and loan interest) 1,800,000

Payment to a national charity (gross amount) (Notes 4 and 7) 5,000

Loan interest payable on trade loan (gross amount) (Notes 5 and 7) 10,000

Bank interest receivable (Note 6) 7,000

Notes

(1) On 1 January 2022 the tax written down values of plant and machinery were:

General pool 105,000

Short-life asset (purchased 01 June 2020), 4,000

1. On 1 August 2022 a car which had cost 10,000, and so was part of the general pool, was sold for 7,000 and replaced by one costing 14,000 with CO2 emissions of 45g/km. The short-life asset was sold on 1 July 2022 for 1,920.
2. The company had purchased an office building on 15 March 2020 for 200,000. On 31 July 2022 the office building was sold for 402,400.
3. On 01 April 2022 the company had trading losses brought forward of 300,000.
4. The payment to charity was made on 01 August 2022. The payment to charity was made gross and is relievable under the Gift Aid rules.

1. The interest payable on the trade loan has not yet been adjusted for. Included in the figure of 10,000 is a closing accrual of 2,000. The 8,000 was paid on 1 July 2022. The loan was taken out in 2020.
2. Included in the figure of 7,000 for bank interest receivable is a closing accrual of 2,440. The 4,560 was received on 30 June 2022. The bank account was opened in 2022.
3. The gross amount of loan interest payable is shown.

Required: Calculate the corporation tax liability for the accounting period 1 December 2022.