Reconciliation of Equity as at 1st April 2022
Capital & reserves as previously stated as at 1st April 2022 were £259,408, historical depreciation has been reversed amounting to £95,442, deferred taxation has been included amounting to a reduction of £5,698, together with an increase of £183,952 in respect of the revaluation of investment properties.
Reconciliation of Equity as at 31st March 2023
Capital & reserves as previously stated as at 31st March 2023 were £262,650, historical depreciation has been reversed amounting to £95,442, depreciation charged in the year to 31st March 2023 amounting to £921 has been reversed, deferred taxation has been included amounting to a reduction of £5,698, together with an increase of £183,952 in respect of the revaluation of investment properties.
Reconciliation of Profit & Loss as at 31st March 2023
Profit as previously stated of £7,242 has increased to £8,163 in respect of the reversal of depreciation of £921.