Pops and Mom Ltd buys 60% of the shares in Kids Ltd. You are to draw up the consolidated statement of financial position from the following statements of financial position constructed immediately control had been achieved.

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Investment in Kids: 18,000 Ordinary £1 shares Non-current assets Inventory Accounts receivable Bank Pops and Mom Statement of Financial Position Share capital - Ordinary £1 shares Non-current assets Inventory Accounts receivable Bank Kids Statement of Financial Position Share capital - Ordinary £1 shares £ 15,000 90,000 16,000 22,000 7,000 150,000 150,000 £ 17,000 8,000 3,000 2,000 30,000 30,000