FINAL ACCOUNTS

Em
¥%m
pruning R¥m
I
Statement of Comprehensive Income Statement of Changes in
Equity ( socle)

:t ÷ :t ÷
-

fo ot : L
year Ended ( Soc't )

:p:¥÷fl÷ ÷ ÷ ÷ ÷ f÷t:"
for the
oghinaarysphrarmeiumkekdeyativensksfa.su:{ieaneement Retaining Total
-
÷
Opening Balance XXX XXX 10,000 O 20,000 30,000
Sales xxx
O O O
less : cost of Sales ( xxx, Right Issue xxx xxx xxx

'

:i÷÷÷÷÷÷÷÷:÷÷ O O -500
( XXX) Transfer O 500 O
less Interest
:
expf finance cost
Profit before Tax
fclosingBalo.nu/xxx/xxx/l3000/500/225o0/X#
t

xxxx

tax expenses (xxx )

Profit After Tax ( PAT) -5000 * In OCI we Report Equity changes in which

ADD OTHER COMPREHENSIVE INCOME

: shareholders are not involved .

for OCI

/#
-

#
=.

Add Revaluation: Gain . .

.
. . .
3000 .

Things to be Reported in SOCIE 2

less :
Revaluation Loss (xxx) =

¥171 !! peerenenswe
'

Total comprehensive Income 's ①IAS -

IG .

income

② IFRS 9
-

y .
Ordinary Dividends Paid -

Transfer
)
s
-

( F. II. To OCI
-

6.
option of
Equity Period convertible loan Notes .

7. Prior Errors .
 Statement of financial Position

.in/: .f*. f
→

Asset
Noncurrent asset
+

Property ,
Plant and Equipment xxx

Intangible Assets xxx

Total NCA xxx

÷÷÷÷i÷÷÷÷÷÷
Capital Reserves
ysharecapital xxx

share Premium xxx

Revaluation Reserve 13,500

Noncurrent asset Replacement Reserve 500
Retained Earning 22500
xxx
Noncurrentiabiity
XXX
Longterm loans
Deff Tax Liability XXI XXX

currentliability

XXXII
Trade Payable xxx
Accrued XXX
Bank 0/D/CurrentTax Payable xxx
Human
-
 I
-

= . -
. .
.

- - - - - n n
. - - . -
- - -
.

- n
- r
I '
n - n
- - -
-

- - - -

-
- -
- - -
-

-
300 .

I
-

-125 .

- . -
= = . -
-

under
provision
- - - -
-
=
→ -

- - - = .

f- og

- - -

- - -
-

- .
-

=
( IFRS-9)
- .
= .

I =
. - - - - - n

= -

Ey
- - .
=.
.

← .
- -

,
-
-
- -

- -

-
- - . . - -

=. I '4NCTD) .
CTAFFD) .

-
=.

Int Exp o
- -

Int Exp 25 Int Exp 25

Cash 25
cash 25 Accrued Int 25
µ
.
. .

Accrued Tnt 25 -
-

⑧
 Adj #I
#
-

=
I Aprt4 31 Marx 5 Bank 300
Sales 300 .

cost - -
- -

900 .

Acc dep ( 630 )

-

puntf¥w("ade
¥
soap NBV
cash proceed

)
-

/§%gtdep
disposals Good (¥
Remaining Plant 4300T Too .
4300
Est )
odaindisufosal
"

(2500+450)
r -
1-
Remaining dep =L
of Plant
Soo - x
254=450 .

4,350 Sofp . V

Cost)
#

lot NBV 950 warehou

Adj deep Jo
- .

#2
- -
-

cost of sales 100 .

#
-

✓
-

31 Decent JFM 31 Marx 5

I Apr x4 -

cost of sales 50 .

5o$annum
÷0yy
1035 deep warehouse = - I warehouse 50 .

Asset - \C -
o -
S .
-

loot . 35 .
 cost)
Adj#3 ↳ oooo → SOLIE

f
,
.

deep 240
-

- -
-

#
Revaluation Reserve 80
1 Apr X4 31 Marts
Building NBV 4560 Retained Earning 80
deep Building =
-4800 Land 12-00 -

Building cost 4000 20

yrs -5760 > SOEP
-

18001
=

Revpetesgnhveed
Acc deep =
2401 annum =
-1600 = annum

NBV 3200 20
-

An .V 44800 -

200
Land
Building
-

Revalued 1600 1600

By
.ru/OCI
.
→ Oct
✓ Rev 200
✓Rev.R/
'
←

Adj#4 -

FV Investment 120
-

- -
- 1200 f.v. 320 .

I t ✓ PGL 120
Marx 4 31 Marx 5
31
-

0%61600 Oise zoo

Adj
'
. .

# 5
=
# 0.6
I Aprx4 s
31 Marx 5
Issue Price =

-40
'
Goo face value ( 025)
premium premium ⇐
-
.

\ -

O 's
:C zoooxloo .

L Premium 0.35
$

:/ :/:÷¥*
% 725
-
i
=

Bank

%s:÷i¥
-
l

::i:i 's
"

a :* .

I shares - $400
Closing O.sc 2000
1259 . Is

$
- 16%0 Shares .
 -
Adjttb Dr Deff Tax
.

Cr
-

.ie?.u: : : :I:?zE/aa*./P97Oo-E#x
TotalTaxExp#¥ bld 280 .

¥
.

( Tax↳
charge
- Non current liab

Taxe×p←3# TD = 1400×251=350 ( DT.LI .

Wlcostofsales Harrington'sS0UfortheYtE3lMa#
As per Question 9200 Sales Revenue ( 13700 -
300 ) 13400 '

450 Cost of sales

Dep .

Remaining Plant .

18910L
Gain on disposals (30 ) Gross Profit 4490 .

warehouse error ( 1000 .

) Operating Exp ( 2400 )

dep of warehouse . . . 50

Dep Building
.

-240 Gain on Investments - - -

120 .

8¥ Finance cost (25+25) 1502

PBT 2160
Tax Exp 1385L
PAT 1775 .

Add OCI
:

R¥on Gain - -
-
1800 .

Total comprehensive Income -3575

=
 - Harrington 's SOCIE for the YIE 31 Marx 5 Harrington 's SOFP As at 31 Mar x5

:/ .no/.o/.oo/ms-f: isfRw:: ei : :e:i:oo.. . o

I
O.sc/PremiumlRev- Reserve ! l
-

f÷ ÷ : ÷
R E
-
Total
- Non current Asset
-

Barat lAprx4 1600 40 -

2990 4630 Luidig 5760

÷÷÷
'

÷÷÷:÷ ,

Less orddiv
: (500 ) ( soo )
.
currentassets
Transfer ( 80 ) Bo -

Inventory 1750

#
Receivable 2450
closing Bae 8,665
I
# µ 14,345¥ 2000 600 1780 Bank
-
350 4550

Equities
=

alias
+

. ÷:÷÷
Noacurrentliab

101 .
loan notes 500
Tax 350
Deff .

current liab
4130
-

Trade Payable
current tax 260
Accrued Int 25
73,930
I
 Ittaprxo -731%1×9 .
-

P.V
-

Bank 30,000 -

qq.iq#,g,e/p.vofwasiwtyzg-
¥4448
"
-
=.
.

Loan 28476
'
Irl 2400×0.91 = 2184
ovaprov
Equity
→
1524
.

Yr 2400×0.83
-
2 =
1992
Bank 30M
+448
Loan 30,000 '
Yr3 (2400+30,000)×0.75=24300 .

⇐ =
÷ ( 30,000 )
.

. . .
Initial
Fraenkel Rate
¥
-

pool
Equity Option
.
. -

① -
=

- - .

- - -

- - -

- -
-
=
- -

1892471
.

loan 28476
: .
Loan :

-
31 Marx l -

l Apr XO -

Int Exp 2400

Int Exp 2848 Cash 2400
Cash 2400
Ttx
Loan 448
-
-

KLoan
a

- - →
=
- - -
-

- t
= r r

- . -
F i

=
-

=
- -

- .

-
- _ r_
.

2- -

- - n
- - = -

- - - -

T - #
n -
r
 Adj # Z -

St) Landt Building 15,000

=
→ c. o - .

50,000 deep 25N

104 15000
--

Rev Res .

I
31 Mar Xl
Apr
t

1 XO
dep Building Building NBV : 47500 .
Rev Reserved CI 3750

Building cost 50,000

=

50,00-0 Land 30,0-00 '

✓ D. TL 3750 .

Acc dep (1-0,000) 77,500

-

. . . - -

20 yrs
NBV 40,000 =
25001 annum ↳ SOFP
M V -

←
50,000
Revalued By
#

Adj#3 Tax
Dr Deffered or
-

Total Tax
-

fruiterer
c. L
2600
I told
.

19400

:÷÷÷:÷÷:÷
Rev Res 3750
.

.
.

19000 Cfd 6750

Tax ←
Exp
-

↳
-
← NCL
Tax T D= 27000×251
- .

=.

O 5=2000 units
-

I
( Jan x8 Dec X8

D. S 2000ft .

Add : Purchases boats .

less : sales 18000€

closing stock
 c.Ost = 36000
- -
-
-
- - -

⇐
-

#
$ Os xxx

c) two
31 Mar Xl 4 Apr X1 y .

Purchases xxx

Stock at 4 April 36000 . . -

.
.
S
7800-7130%7 less : c.s (xx
land: : "gain::"
Yo:O? 3¥ .

cos xeH
Stock at 31 Marx I 39¥
p 30/0
=

Inventory 3300 .

✓coo

-
Seller - Customer

#
→ factor .

Bank 8700
loan from -

factor 8700 .

13¥
Admin Exp 1300 .

Receivable
Receivable 10,000
Admin Exp 1300
✓✓
.

Loanfromfact
Admin Exp 600

boo
✓ Receivable
.

⑧
 -1-1750

+1750
'

t
-

- -

-
- - -

-
7 - I - -

- - =. - .

-
= .

-
-
-

-⇐
-7
to

- - -
-
= .

I .
=.
 59000 540750
Adj
loan
I
-
-

#
= -
I 0Ctx5

ftp.30SEPXGE/R=5o5/ cash 1000

Loan#
Int Exp 1000
Cash too

ftp.T#
Ituano

Adj#
-

15000 10500
'

'

/ Oct X5 -
30590×6 30 Sep XT
Int
Exp
too .

¥¥5oo aL .

a.qx-r.oui.ae
.

5000 I te
"
I. O - -
"

6000 4500
'

t cash . . .
5000 . IOCTXG 1500 10500 .

#¥
-

Depth -
o y
-

5ooolannn.gg
24000 =

↳ c. as ,

Lease Rental = 6200

l l SOFP
lo→opEep¥
g-
13
F. L Op -
lease
RYU
201000
-
-5000 g ←
 Dep .
other Planta Equipment (181000-85000)×12.51 .
= 12000 → C -
O -
S

→
SOFP

cost 181000
Acc dep ( 97000 )
NBV -84000
=

Adj## depeqooo-xc.o.sk) .

-
loctxs 30 Sep XG
Leasehold 20,00
cost 225,000 Dep Exp cost 225,06
/ OCI
.

Rev Res 20,06

Ace dep ( 36000) 22500 Ace dep ( tooo)
.

25 years NBV 180,000

M V 206,000 → Soft Rev Res / OCI 4000 .

=9oN/annw
-

✓ D.TL 4000
.

20¥
.

Revalued By

Adj
=
#4

-otalTax#€ or Deff -
Tax Cr
current tax 38000

1480 /1
74000×201
.p.gg/Jzoo.b/d
Prov . - -
12000 .

Tax TD = .

148N fD.TL)
, =

under lover * -
Reveres 400 .

34%9!
,

less
:d%%:dta× II, old '
"
← -
-

N C L
- -

-
-
-

- -
-
Adi # 5
Dr suspense Acc
Cr R E
-
30100
Cash 30, .

Ose 50,00 bid 48000

.

. .

20000
premium R.E3o,oD
Suspense Atcash
.

s
.

78000 toooo
30,0ft
-
. .
-
'

i
.
. R.E. 30,000
-

Suspense AIC3Qth→
# of shares issued Issued Osc -

Socle
=

Face Value
= $¥ .
= 759000 shares
0.2

Bank 80,000 .

Div per share

= 51 of $0.8 =
$0.041share OSC
Premium
50,00
30in .

Total Ordinary div = # of shares issued x DPS

f

Share Premium 2000

750100×40.04=430,00
.

Shares
Bank 2000 .

Bank 78W

Right Issue 7501000 osc soooo

-

43=259 shares
.
-

shares - .

Premium 2800-0 .

Bank '

78000
Issue Price $032
Suspense
Ak 78000
face value (0.2 ) n

premium $0.12 Suspense Ak Osc

78000
500N
SOCIE
✓ Premium 28000 .
→
 W 't
eostefsdes Finance cost
As Per Trial Balance 118000

|
Dep Roll 5000
Int Exp
.

other Plant
loan 2750
Dep 12000 .
-
-
- -

¥
Dep leasehold
.
Int Exp (FL) 1500 .

-
4250
#

Tadeon SOCI for the Year Ended 30 Sept +6

"

Taeyeon 's SOCIE for the YIE 30thSepX6

Sales Revenue 277800

:÷÷÷÷÷÷÷÷÷÷÷f.fm/.ooof: :ofi
.

OSC Premium Rev Reserve RE Total

COS 1144000.4
Gross Profit 133,800
Balance atloctxs 150000 - -
18600 168600
Operating Exp ( 40000+1200) ( 41200 )
.

÷÷÷÷÷:÷
:*
:÷÷
-

.
- -
-
-

i
Add :
OCI Balance at
30M sepxb
200.000 28000 16000 42150 286,150
Revaluation Gain Gopro -400) 16cm .

Total Comp Income

.

69,550
 Adj I
-

tooo . # Koot

p
.

+475 2000 2000 2ND .

I l l

xD Sep Sep
l Oct 011
3054709 10

1-

Revenue
20$00
2000
Revenue 400

/
.
. e-

16000 tooo 2000

§
:/
S ooo I
↳
/ I 1200
+475 . - - -
.

,
40%
goods service

10,000 . 6000 .

= . . . .
-

Adj
- :

face Value
#2
.

184400 ,
- = -

18,915J
.

= = =

loan loan
. .

-
-
.
.

)
= =.

•
=

.
=
10h07 loctxs v

81 .
3osepX9
-

= .
= .
= .
Tut Exp 1475 .

Cash 1000
Loan 475 .

Int Exp 1000

Cash 1000 .

Impair Hint
Tnt Exp
- -
475
✓
-

- =.
↳ Evers .
-
- Loan 475 .

I
 Inv Prop -25N
Adj # 3 FV 26500
-
- Fv -

. 29000
-1 I ✓ PGL 25N .

Total Tax Deff Tax

Adj
-

# 4
pc.ie -

Tax TD
Est current tax
.

162N bld 5400

=
93000×301 .

Add under prov 2100 '

PGL -
=
-3,900 .

less deff Tax credit

: ( 1500) (D. TL)
Tax Exp Cfd 3900
16800
x
N.CL

Adj # 5 Bcuoilseding 50000 Byas .

A M B
deep
104-1000
Accdep @ ooo =
.
l0CtX8
-4,000 3OSepx9
peryrdep E :
C O - -

St) Building NBV = 41000 .

13000=10001
8 Land
yrs
=

annum 54000 → SOFP

Dep Plant = (42200-19700)×401=9000 → C -

O -

Sff) .

SOFP

Cost 42,200 .

Accdep 1287002
NBV 13500
Adj # 6 NBV A 2500 SOFP
1500 about Amott 2500
- .

Amort
- -
- - .
.
- -

I
I
'
l Apr 09
10h08 3osepx9
! Cost 30000
Cost 30000 ( 10500 ) New Amor't
=
.
Ace Amore
( 9000 )
Acc Amort 95000 50001 642=2500
"
NBV 99500 .
-
.
=
=
annum x .

RA A 500
-

.
yrs
Impairment ¥00 -

Amor't brand
←

30,000
-

= -

toys R A =p 5000
- .

=
30001 annum x
4,2=9500 .

FV -
CTS V. 1. U
i ^

Costas Astro .
92000

)
As per TB 246800

Bee: }÷¥
igloos
's
- -
- -

Amort
Impairment 4500 .

265,300
 Sandown 's Income Statement
For the YIE 30 Sep x9

Sales Revenue (380000-4000) 376000 .

less cost of Sales

: 1265,3002
Gross Profit 110700 .

Operating Exp ( 55900 )

.

Investment Income (1300+2500) 3800 .

Finance cost ( 1475)

PBT 57,125
Tax Exp ( 16800 )

PAT 40,325
 -.
- - -

→
- -
→

iiiiotoo
-

Toyotomi
- -
-
-

-
+400 .

- -

- ⇐

c-= -

-
-

=. -
,
-
. - . - -
= = .

IF = =
- -

= .
- - -

- - - - - - - . . .

# . - - .

I
- - -

- . . -
-

= Fina
-

?
igdadbka.se
. . . .
-

( No discount) .

par .

- = -

- -
= -

- r
- -
n - - . I #

leasehold .

Adj # I 50pA '

10AM 30540×8
deep -
-

25,00
.

Remaining life 20
yrs ,
NBV= 47500 .

dep leasehold = 5900 MV 4300 SOFP

20yd I Devalued By # Rev Res 4500

OCII
.
.

=
250
dunums ✓ Leasehold 45N

2.500-2500
c. o 's -

✓ Leasehold .
 F.i.s.t.
Adj #2

76,600 246N

.%¥ geng
.

Remaining Plant 686N .

20600
.

deep Remaining Plant -_

(68600-20600)×201 .

= 96600 -

→ cost ) .

¥4
.

Oooo
a'III
-
e

cash proceeds 2500

GO.SK)
'

loss on disposals 1500 .

.

SoFPAsAt3otSepo8

µ%tdep I
68600

Go
NBV 38400 -→SoFP .

✓
Adj#3 IAS 38

J F M A MJJ AS
=
N D
.

I OCTXT
30 Sept
8oox'
Research 3=2400 . 800×6
1400 '

↳ pq , = 4800 .

↳ Pgl ↳ Asset

SOFP PI

µ
capital devcostasatlstoctx
. - - - -
20000 Research - - -
1400 .

Acc .

Amortization as at lstoctx -1 ( 6000 ) .

"" """ "" Dev cost 2400

"
" "" ""
"" """" "
- - -
-

"
"""
49%00
"
-
-

" m" ""

cost)
-
- "
-
- -

Capitalized Dev . Cost

forzotheey.IE , 4800 -
. .

capitalized Devcostzaossae
,t×g 14,800 Non Current
-

Asset FP) .
 Adj # 4

wqioy Entry
.

Admin Exp 400 Provisions 400 Admin Exp 100

Provision 400 '

if .

Admin Exp HN J provisions 100 → legal

cost

Adj # 5
loan 20,000.1 -

loan -20,400
.

$ i
-

n
IM
30 Sep x8
10C't XT l Apr x8 a

I
Int Exp 1200
20,0008129×642=1200
.

I
Int Exp
.

Cash . . -
Poo
-
,

Loan 400 .

Int Paid
20,00×8/0×-92=800
-- '

Int Exp 800

Cash 8N

Int Exp 400

✓ Loan 400
Adj # 6

Total Tax Exp >

c. L Deff Tax
y

\
Estimated current Faa 11400 bid 58N .

underlover - PGL ⑤
-

Add Deff Tax Exp yd 600

:

→
Tax Exp
x
11,600
- N C L - -
WI Cost of Sales WZ Finance Cost

As Per TB .
. - - -
20400 .
Tnt on Redeemable
1200 .

Dep leasehold . -
- - -

2500 .

Pref shares
Dep Remaining Plant . . . 96N .

Loss on disposals -
- -
15000 Interest on Bank Zoo .

Research 7800
development
Borrowing
t cost . - - -
.

225,400 1400
✓

(andel SOCI for the Year Ended 3 Oth Sept 8

Sales Revenue ( 300000 -
2500) 297500 .

Cost of sales -
n - - - -
-

-
( 225400)
Gross Profit 72,100
Admin Exp ( 22200-400+100 421900 )
Distribution Exp (k4T#
PBIT 357N .

Finance cost - - - -
-

( $400)
PBT 34300

Tax Exp ( 11,600 )

PAT 22700 .

Add : OCI
less : Revaluation Loss .
. - - -
141£
Income 18,200
Total
Comprehensive
- - -
 (andel 's SOCIE for the Candel 's SOFP As AT 3OthSepX8
YIE 30M Sep X8 ASSETS

:# 590 0/1%98 131¥81 w/

Revaluation R E Total Non current assets
O.sc 43000
.

Reserve Leasehold Property

'

.
.

Remaining Plant 38400 .

Biotite!!:¥
t.gg#e1ess:orddiv
capitalized Dev - cost
, ,
I Current asset
( -
God
) ( )
Balat3o%epx8 5500 ¥1200 Inventory 20,000 '

Sogo
Receivables 43,100
←
63,100
p -59,300 .

EQUITIES & LIABILITIES

capital & Reserves
o.se 50,00
Revaluation Reserve 5500
Retained 41200
Earning
96700 .

Noncurrentliabihty
81 redeemable
-

pref -
shares . .
. - n 20400
Deff Tax liab
-
6th 26400 .

Current liability
Trade Payable ( 23800 - 400-1100) 23500
Current tax Payable .
. - -

11400
Bank Cold) 1300 362N
j59
-

300
,