Picton Property Income Limited Annual Report 2022

Financial Statements

Consolidated statement of changes in equity for the year ended 31 March 2022

Share capital £000

Retained earnings £000

Other reserves £000

Revaluation reserve £000

Total £000

Notes

Balance as at 31 March 2020

164,400 345,667 (784)

– 509,283

Profit for the year Dividends paid Share-based awards

– – – –

33,801 (15,002)

– –

– – – –

33,801 (15,002)

10

– –

758 (643)

758 (643)

Purchase of shares held in trust

7

Balance as at 31 March 2021

164,400 364,466 (669)

– 528,197 – 146,986

Profit for the year Dividends paid Share-based awards

– 146,986

– –

10

– – – –

(18,425)

– – –

(18,425)

– – –

668 (730)

668 (730)

Purchase of shares held in trust Other comprehensive income for the year

7

14

434 434

Balance as at 31 March 2022

164,400 493,027 (731)

434 657,130

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

Picton Property Income Limited Annual Report 2022

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