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.