BALANCE SHEET FOR GFC AS

OF 31 Dec 2020

$’00 $’00

Non Current Assets

Net xed assets 550

Current Assets

Cash 55

Debtors 13

Stock 20

Total current assets 88

Current Liabilities

Creditors 8

Overdraft 45

Total current liabilities 53

Net current assets 35

Total assets less liabilities 585

Long term liabilities

Loan capital 180

Net assets 405

Financed by:

Share capital 315

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 Retained pro t 90

Equity 405
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