Below are two balance sheets for Stroish Ltd for the most recent and the previous year’s trading periods.

Additional information is available:

1. An extract from the income statement appears below.

2. Dividends paid during the year totalled £9,000.
3. Machinery was sold during the year for £3,200. It had originally cost £22,000 and had accumulated depreciation on the machinery totalling £17,500.
4. A bonus issue of shares was made during the year on the basis of three ordinary shares for every five already held. The capital reserves were utilized in the creation of the bonus issue.

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Land and buildings Plant and equipment Machinery Current assets Inventory Trade receivables Cash and cash equivalents Current liabilities Trade payables Bank overdraft Tax owing Non-current liabilities Loan (long-term) Stroish Ltd Balance sheets at financial year end Year ended 31 December 2018 Cost Dep. NBV Equity Ordinary share capital Share premium account Revaluation reserve Retained earnings 500,000 40,000 460,000 500,000 45,000 455,000 72,000 22,000 50,000 98,000 39,500 58,500 27,500 18,300 9,200 45,000 22,550 22,450 599,500 80,300 519,200 643,000 107,050 535,950 17,313 12,313 8,898 38,524 9,780 6,935 16,715 21,809 541,009 100,000 441,009 Year ended 31 December 2019 Cost Dep. NBV 200,000 80,000 40,000 121,009 441,009 27,357 16,852 44,209 4,980 8,048 3,422 16,450 27,759 563,709 100,000 463,709 320,000 143,709 463,709