question archive Appendix 1 2021 Extracts from Income Statements and Balance Sheets Sales Cost of Sales Distribution costs Admin costs Interest expense (paid) Taxation Retained Profit 15,080 7,680 960 2,432 960 512 1,896 Non-current assets at cost 9,212 Accumulated depreciation 2,816 Closing Inventory at cost 2,120 Trade receivables 3,160 Prepayments 584 Overdraft 4,032 Trade payables 576 960 Accruals Taxation payable 512 Loan (repayable 2027) 640 Ordinary share capital £1 1,300 Retained earnings/Reserves 4,240 There have been no disposals of non-current assets during any of the three years
Appendix 1 2021 Extracts from Income Statements and Balance Sheets Sales Cost of Sales Distribution costs Admin costs Interest expense (paid) Taxation Retained Profit 15,080 7,680 960 2,432 960 512 1,896 Non-current assets at cost 9,212 Accumulated depreciation 2,816 Closing Inventory at cost 2,120 Trade receivables 3,160 Prepayments 584 Overdraft 4,032 Trade payables 576 960 Accruals Taxation payable 512 Loan (repayable 2027) 640 Ordinary share capital £1 1,300 Retained earnings/Reserves 4,240 There have been no disposals of non-current assets during any of the three years
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Appendix 1 2021 Extracts from Income Statements and Balance Sheets Sales Cost of Sales Distribution costs Admin costs Interest expense (paid) Taxation Retained Profit 15,080 7,680 960 2,432 960 512 1,896 Non-current assets at cost 9,212 Accumulated depreciation 2,816 Closing Inventory at cost 2,120 Trade receivables 3,160 Prepayments 584 Overdraft 4,032 Trade payables 576 960 Accruals Taxation payable 512 Loan (repayable 2027) 640 Ordinary share capital £1 1,300 Retained earnings/Reserves 4,240 There have been no disposals of non-current assets during any of the three years. During each of the years ended 31st March 2019, 2020 and 2021 dividends were announced for year and paid in cash on the last day of that year.
