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Financial Statements / Continued
Consolidated statement of changes in equity for the year ended 31 March 2024
Share capital £000
Retained earnings £000
Other reserves £000
Revaluation reserve £000
Total £000
Notes
Balance as at 31 March 2022
164,400 493,027
(731)
434 657,130
Loss for the year Dividends paid Share-based awards
– – – – –
(89,530) (19,091)
– –
– – – – – – – –
(89,530) (19,091)
10
– – –
675
675
Purchase of shares held in trust Other comprehensive loss for the year
7
(1,126)
(1,126) (434)
14
–
(434)
Balance as at 31 March 2023
164,400 384,406 (1,182)
547,624 (4,789) (19,089)
Loss for the year Dividends paid Share-based awards
– – –
(4,789) (19,089)
– –
10
–
729
729
Balance as at 31 March 2024
164,400 360,528
(453)
–
524,475
Notes 1 to 27 form part of these consolidated financial statements.
Picton Property Income Limited / Annual Report 2024 136
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