Data Entry

Business Name
Shareholders name
Number of Shares in issue
Number of Shares being valued
Last accounts date
Deferred tax not provided for
Percentage of dividend distribution
Pre-tax Profit
     
Net Asset Value

Valuation

1. REVIEW NOTES
1.1 SHAREHOLDING

The issued capital comprises £1 ordinary shares

Ordinary £1 voting shares

Shares %
1.2 ACCOUNTS

Last available accounts are made up to

1.3 FIXED ASSETS

It has been assumed, for the purposes of this valuation that the written down value of the Fixed Assets equates to their open market value.

1.4 GOODWILL

The goodwill of the company has been related to the weighted average profit for valuation purposes.

1.5 DEFERRED TAXATION

At the amount for which no provision had been made in respect of deferred tax amounted to £ .

2. VALUATION OF COMPANY
2.1 TRADING RESULTS SUMMARY
Net asset value excluding Goodwill £ Trading profit pre tax £ Weighting
Weighted average three year profit % Percentage return on share valuation
2.2 VALUE OF COMPANY
3. VALUATION OF SHAREHOLDING
Price per Share
shares discount - see note 4
4. DISCOUNT

discount on the share valuation has been included to take account of the unquoted status of the company, the lack of marketability

5. CURRENT DIVIDEND POLICY

The current dividend policy is to distribute a minimum of % of the post tax profits, subject to cash flow and working capital requirements.