PROBLEMATIC LTD

Sale of shares
Proceeds 54400 Cost and Indexed allowance
Less: Cost (w1) -18880
Unindexed Gain 35520 No
Less: IA (w2) -6899 June 05 purchases 15000
Indexed gain/CG 28621 IA
15000
Sept 08 right issue 5000
20000
IA
20000
Disposal -16000
Sale of Freehold Factory
Proceeds 171000
Less: Cost -127000
Indexed gain 44000
Less: ROR -27800
Chargeable gain 16200

The leasehold factory is a depreciating asset therefore no need any adjustment

to the base cost of 154800

JUMP LTD

Jump Ltd - Tax Adjusted Trading Profit - 3m/e 31.3.22

Operating Loss -144700

Depreciation 8100
Employee cost: W1: Capital allowance
Employee training courses 0
Employee pension cont paid 0
Cost of annual staff party 0 TWDVb/f
Balance of expenditure 0 Less: Disposal
Lease of motor car 180 Motor car 1
Proffessional fee: Motor car 2
Accountancy 0 Balancing charge
Legal fees (issue of share cap) 3800
Legal fees (renewal of 20 yr pty) 0 Less: WDA
Entertaining UK customers 1700 Capital Allowance
Entertaining overseas customers 790
Political donations 800
Balance of expenditure 0
 Less: Capital allowance (W1) 3330 18700
Trading Loss -126000

b (ii) Total loss for period ended 31 Dec 2021 = 42400

Maximum trading loss relieved = 33250

b (iii) Trading loss = -126000

Surrendered = 23625

RETRO LTD

Retro Ltd's - Trading loss - y/e 31.3.22

Loss before taxation -80340
Gifts and Donations:
Gifts to employees 0 W1: Capital Allowance
Gifts to customers 0 MP
QCDs 1100 TWDVb/f 39300
Impairment loss 0 Motor car 1 14700
Leasing costs 660 Delivery van (130%)
Other expenses Motor car 2 12400
Fine 5100 Less: FYA -12400
Balance expenses 0 54000
Interest payable 0 Less: WDA -9720
Less: Capital allowance -50420
Less: SBA -12000 -55560
Trading loss -135900

b y/e 31.8.20 p/e 31.3.21

Trading profit 56600 47900
Interest receivable 1300
Total profit 57900 47900
Less: Loss carry back -24125 -47900
Less: QCDs -540 wasted
Taxable Trading profit 33235 0

c) unrelieved trading loss 63875

 Cost IA
12600 12600
1714
12600 14314
11000 11000
23600 25314
6911
23600 32224
-18880 -25779

al allowance

MP SP Allowance
12100 5700

-9300
-6100
-3600 -3600
6000
-270 270
-3330
Allowance

28299.7

12400

9720
50420