26.1 A Ltd has the following results for the three years to 31 May 2009:

y/e 31/5/07 y/e 31/5/08 y/e 31/5/09

£ £ £

Trading profits/(losses) (32,200) 23,800 40,300 Gift Aid donations 400 500 600 Assuming that the trading loss is to be carried forward under s393(1), calculate the company's chargeable profits for each of the three years, showing the amount of the losses carried forward at the end of each year.

26.2 B Ltd has the following results for the year to 31 October 2009:

£

Trading loss (232,300)

Income from property 190,200 Chargeable gains 45,540 Gift Aid donations 24,000 Assuming that a loss relief claim is made under s393A(1)(a), calculate the chargeable profits for the year.