| Year ended 30 September 2020 Audited £’000 |
Year ended 30 September 2019 Audited £’000 |
Year ended 30 September 2018 Audited £’000 |
|
|---|---|---|---|
| Revenue | 57,241 | 102,114 | 150,398 |
| Direct costs | (46,487) | (80,890) | (123,127) |
| Gross profit | 10,754 | 21,224 | 27,271 |
| Administrative expenses | (17,933) | (19,875) | (18,812) |
| (Deficit)/surplus on revaluation of investment properties | (6,090) | 5,791 | 10,582 |
| Surplus on revaluation of receivables | (286) | 850 | 1,090 |
| Share of post-tax profit from joint ventures | 4,189 | 8,039 | 2,059 |
| Impairment of loans to joint ventures | (718) | — | — |
| Loss on disposal of investment properties | (863) | — | — |
| Operating (loss)/profit | (10,947) | 16,029 | 23,528 |
| Finance income | 4,661 | 1,777 | 866 |
| Finance costs | (1,780) | (1,470) | (2,127) |
| (Loss)/profit before taxation | (8,066) | 16,336 | 22,267 |
| Taxation expense | (173) | (3,707) | (3,572) |
| Total comprehensive (loss)/income | (8,239) | 12,629 | 18,695 |
| Basic (loss)/earnings per share | (5.7)p | 8.8p | 13.0p |
| Diluted (loss)/earnings per share | (5.7)p | 8.6p | 12.9p |
