You are presented with the following summarised information relating to Block plc for the year to 30 September 2018:

Additional information:
1 Block purchased 80% of the share capital of Chip on 1 October 2013 for £2,500,000 when Chip’s retained profits balance was £200,000 credit. The gain from a bargain purchase of £60,000 was recognised immediately in Block’s profit or loss.
2 On 1 October 2017 Block purchased 60% of the share capital of Knot. Knot’s retained profits balance at that date was £500,000 credit.
3 During the year to 30 September 2018, Block sold goods costing £200,000 to Chip for £300,000. 

Half of these goods remained in inventory at the year end.
4 Intercompany debts at the year end were as follows:

Required:
Prepare the Block plc group of companies’ consolidated statement of financial position as at 30 September 2018. Formal notes to the accounts are NOT required, although detailed working should be submitted with your answer.

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Non-current assets and equipment Investments Shares in group companies: Chip Ltd Knot Ltd Total non-current assets Current assets Inventory Trade accounts receivable Cash at bank and in hand Current liabilities: Accounts payable Net assets Capital and reserves Called-up share capital (ordinary shares of £1 each) Retained profits Block plc £000 8,900 2,560 1,600 4,160 13,060 300 1,600 400 2,300 (300) 15,060 10,000 5,060 15,060 Chip Ltd £000 3,240 T 3,240 160 130 110 400 (140) 3,500 3,000 500 3,500 Knot Ltd £000 2,280 2,280 80 50 120 250 (130) 2,400 2,000 400 2,400