Picton Property Income Limited Annual Report 2021

Financial Statements Consolidated balance sheet as at 31 March 2021

2021 £000

2020 £000

Notes

Non-current assets Investment properties

13 665,418 654,486

4,111

Property, plant and equipment

14

20

Total non-current assets

669,529 654,506

Current assets Accounts receivable

19,584 23,358

15 16

17,601 23,567

Cash and cash equivalents

Total current assets

42,942

41,168

Total assets

712,471 695,674

Current liabilities Accounts payable and accruals Loans and borrowings Obligations under leases

(18,805) (19,438)

17 18 22

(944) (107)

(888) (108)

Total current liabilities

(19,856) (20,434)

Non-current liabilities Loans and borrowings Obligations under leases

18 (162,711) (164,248)

(1,707)

22

(1,709)

Total non-current liabilities

(164,418) (165,957)

Total liabilities

(184,274) (186,391)

Net assets

528,197 509,283

Equity Share capital

20 164,400 164,400 364,466 345,667

Retained earnings Other reserves

(669)

(784)

Total equity

528,197 509,283

Net asset value per share 93p These consolidated financial statements were approved by the Board of Directors on 26 May 2021 and signed on its behalf by: 23 97p

AndrewDewhirst Director 26 May 2021

Notes 1 to 27 form part of these consolidated financial statements.

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