The following are the statements of financial position of Garden plc, its subsidiary Rose Ltd and its associate Petal Ltd:

On 1 January 20X3 Garden plc acquired 75% of Rose Ltd for £300,000 when Rose€™s share capital and reserves were £252,000. At the date of acquisition, the net book value of Rose€™s non-current assets were £90,000. Rose immediately included the revaluation in its statement of financial position.
On 1 January 20X5 Garden acquired 20% of Petal Ltd for £72,000 when the fair value of Petal€™s net assets were £42,000.
Goodwill has been impaired in Rose by £77,700 and in Petal by £31,800.
At the year end, Garden plc has inventor y acquired from Rose and Petal. Rose had invoiced the inventor y to Garden for £6,000 €“ the cost to Rose had been £1,200 €“ and Petal had invoiced Garden for £3,000 €“ the cost to Petal had been £1,800.
Non-controlling interests are measured using method 1.

Required:
Prepare Garden plc€™s consolidated statement of financial position as at31.12.20X9.

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Statements of financial position as at 3l December 20X9 Rose ASSETS Non-current assets Land at cost Land at valuation Investment in Rose Investment in Petal Investments Current assets 240,000 80,000 300,000 72,000 18,000 5,400 1,200 15,000 33,000 18,000 2,400 6,600 99,000 98,400 Trade receivables Current account- Rose Current account Petal 67,200 6,900 90900 Total current assets Total assets 444,600 EQUITY AND LIABILITIES El shares Revaluation reserve Retained earnings 00,000 20,000 30,000 90,000 216,000 426,000 270,000 570,000 57,600 87,600 Current liabilities Trade payables Current account- Garden Total equity and liabilities 35,000 3,600 2,400 90900 444,600