You are presented with the following information relating to Plott plc for the year to 31 March 2018:

Additional information:
1 The above information has been obtained after the compilation of the company’s statement of profit or loss for the year ending 31 March 2018.
2 Details of non-current assets for the year to 31 March 2018 are as follows:

3 The market value of the non-current asset investments at 31 March 2018 was £110,000. There were no purchases or sales of non-current asset investments during the year.
4 Inventories comprise finished goods. The replacement cost of these goods is similar to the value indicated in the statement of financial position.
5 Assume that the basic rate of income tax is 25%.
6 The authorised share capital of the company consists of 2,500,000 ordinary shares of £1 each.

Required:
In so far as the information permits, prepare Plott plc’s statement of financial position as at 31 March
2018 in accordance with the minimum requirements of the relevant accounting standards.

1 Where appropriate, formal notes must be attached to your statement of financial position; and
2 Detailed working should be submitted with your answer.

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Bank overdraft Called-up share capital (issued and fully paid) Corporation tax (based on the profit for the year to 31 March 2018) Accounts payable Accounts receivable Deferred taxation (credit) Non-current assets: at cost accumulated depreciation (at 31 March 2018) Non-current asset investments: at cost Retained profits (at 1 April 2017: credit) Proposed dividend Retained profit (for the year to 31 March 2018) Share premium account Inventory: at cost (at 31 March 2018) Trade accounts payable Trade accounts receivable £000 500 2,100 900 300 200 80 3,800 1,400 100 1,200 420 585 315 400 2,000 5,300