Harpo Ltd - Statement of Financial Position as at 31 December 2017 2016 £'000 £'000 £'000 £'000 Non-current assets Land and Buildings Fixtures and Fittings Current Assets Inventory Receivables Bank Total Assets Equity Share Capital Share Premium Account Profit and Loss account Non-Current liabilities 8% Loan stock Current Liabilities Bank Overdraft Payables Corporation Tax Cost At 1.1.2017 Additions Disposals At 31.12.2017 Depreciation At 1.1.2017 Charge for the year Depreciation on disposal Net Book Value 31.12.2017 542 274 165 981 2,881 0 183 172 950 950 1,900 950 0 0 950 0 0 0 0 950 1800 100 526 2,426 100 485 263 0 Harpo Ltd - Non-current assets Schedule 2017 Land and Fixtures and Buildings Fittings £'000 £'000 950 650 1,600 2050 725 450 2,325 748 2,348 1,400 395 (420) 1,375 950 1400 433 1,833 45 195 355 175 415 2,881 2,348 100

Harpo Ltd - Statement of Financial Position as at 31 December 2017 2016 £'000 £'000 £'000 £'000 Non-current assets Land and Buildings Fixtures and Fittings Current Assets Inventory Receivables Bank Total Assets Equity Share Capital Share Premium Account Profit and Loss account Non-Current liabilities 8% Loan stock Current Liabilities Bank Overdraft Payables Corporation Tax Cost At 1.1.2017 Additions Disposals At 31.12.2017 Depreciation At 1.1.2017 Charge for the year Depreciation on disposal Net Book Value 31.12.2017 542 274 165 981 2,881 0 183 172 950 950 1,900 950 0 0 950 0 0 0 0 950 1800 100 526 2,426 100 485 263 0 Harpo Ltd - Non-current assets Schedule 2017 Land and Fixtures and Buildings Fittings £'000 £'000 950 650 1,600 2050 725 450 2,325 748 2,348 1,400 395 (420) 1,375 950 1400 433 1,833 45 195 355 175 415 2,881 2,348 100

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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