Athelney Trust Plc
Annual Report 2004

Plain-text annual report

ATHELNEY TRUST PLC STATEMENT OF TOTAL RETURN (INCORPORATING THE REVENUE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2004 9 31 December 2004 31 December 2003 Note Revenue £ Capital £ Total Revenue £ £ Capital £ Total £ Profits on investments Income Investment management expenses Other expenses Return on ordinary activities before taxation 8 2 3 3 - 535,518 535,518 - 584,517 584,517 79,822 - 79,822 101,345 - 101,345 (6,810) (19,789) (26,599) (11,576) (11,576) (23,152) (38,199) - (38,199) (38,003) - (38,003) 34,813 515,729 550,542 51,766 572,941 624,707 Taxation 5 8,005 (90,367) (82,362) 8,855 (101,616) (92,761) Return on ordinary activities after taxation 42,818 425,362 468,180 60,621 471,325 531,946 Dividend 7 (36,056) - (36,056) (32,450) - (32,450) Transfer to reserves 6,762 425,362 432,124 28,171 471,325 499,496 Return per ordinary share 6 2.4p 23.6p 26.0p 3.4p 26.1p 29.5p Dividend per ordinary share Final dividend 2.0p 1.8p The revenue column of this statement is the profit and loss account for the Company. All revenue and capital items in the above statement derive from continuing operations. No operations were acquired or discontinued during the above financial years. A statement of movements of reserves is given in note 13. There have been no recognised gains or losses, other than the results for the financial years shown above. The notes on pages 12 to 19 form part of these financial statements.

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