Undulating Uplands Ltd is a UK resident manufacturing company with no associated companies. It had always made up accounts to 30 November but decided to change the year end from November to February. The company's results for the period from 1 December 2008 to 28 February 2010 are as follows:

Notes £

Adjusted trading profit 750,000 Dividends received from UK companies 1 45,000 Bank interest received 2,5 13,500 Building society interest received 3,5 8,400 Gift Aid donations 4 16,000 Capital allowances on plant and machinery 10 65,000 The following additional information is available:

1. Dividends were received from UK companies as follows:

£

30 December 2008 7,200 30 March 2009 10,800 30 September 2009 9,000 30 January 2010 18,000 2. Bank interest was credited by Natland Bank plc as follows:

£

21 December 2008 4,900 20 June 2009 3,800 21 December 2009 4,800 Accrued interest was £4,500 on 30 November 2008, £4,300 on 30 November 2009 and £4,000 on 28 February 2010.

3. Building society interest was credited by Northshires Building Society as follows:

£

31 March 2009 4,000 30 September 2009 4,400 The account was opened on 1 December 2008 and closed on 30 September 2009.

4. The Gift Aid donations were paid as follows:

£

15 May 2009 8,000 15 November 2009 8,000 5. The amounts shown for bank and building society interest received are the actual amounts received.

6. The company had trading losses brought forward of £400,000 on 1 December 2008.

7. The company had capital losses brought forward of £15,000 on 1 December 2008.

8. On 1 March 2009, the company bought a factory which qualifies for Industrial Buildings Allowances (IBAs) from the original owner for £450,000. The factory was first brought into qualifying use by the original owner on 1 March 1990 and had a tax written down value prior to the sale of £250,000.
9. The company had purchased a new factory, which qualified for IBAs, on 1 January 2004 for £150,000. It was brought into use immediately. The factory was sold on 1 January 2010 for £350,000 and an appropriate claim was made to minimise the chargeable gain. (The RPI was 183.1 in January 2004 and 216.0 in January 2010.)
10. The capital allowances figure of £65,000 comprised:
£
12 months to 30 November 2009 39,000 3 months to 28 February 2010 26,000 You are required:
To calculate the corporation tax liability for the period to 28 February 2010 and to state when this is payable (perform all calculations to the nearest month).