A company's income statement for the year to 31 March 2024 is as follows:

1. The company acquired £240,000 of 10% debentures (for non-trade purposes) on 1 January 2024. Interest is receivable half-yearly on 30 June and 31 December. No interest was received during the year to 31 March 2024.
2. Bank interest receivable includes interest of £450 which had accrued at 31 March 2024 but which was not received until April 2024. There was no accrued interest at 31 March 2023.
3. The property was let on 1 December 2023 at a rent of £1,000 per month payable quarterly in advance on 1 December, 1 March, 1 June and 1 September. There were no allowable expenses in the year to 31 March 2024.
4. The agreed chargeable gain on the sale of the investments was £8,450.
5. £500,000 of 10% debentures were issued (for trade purposes) on 1 April 2023. The interest is payable (net of income tax)
on 1 January each year.
6. As from 1 July 2023, the company is required to pay patent royalties of £5,000 every six months, deducting basic rate income tax at source. The net amount paid in the year to 31 March 2024 was £4,000. The royalties are payable for trade purposes.
7. Capital allowances of £32,700 are claimed for the year.
8. All figures given in the income statement are gross.
Compute the taxable total profits for the year.