23.5 A company has the following results for the year to 31 March 2017:

£ £

Trading profits, after capital allowances 1,561,400 Bank deposit interest (account opened 1 April 2016):

Received 30 June 2016 1,820 Received 31 December 2016 3,670 Accrued to 31 March 2017 1,980 Chargeable gain on sale of factory 531,000 Dividends received from UK companies 132,000 Deed of covenant payable annually to a charity:

Paid 1 October 2016, for year to 30 September 2017 9,000 Less: Prepayment 4,500 4,500 The charitable covenant began on I October 2016 and falls within the Gift Aid scheme.

Compute the taxable total profits for the year.