BTEC Business · Pearson BTEC Level 3 National Extended Certificate in Business, Unit 3: Personal and Business Finance
Larkmoor Toys: the statement of comprehensive income
A toy shop owner needs her statement of comprehensive income. Cost of goods sold, gross profit, depreciation, prepayments and accruals, a draft with mistakes and a recommendation.
- 3 lessons of about 55 minutes
- 19-page learner workbook
- 13-page teacher guide
- PDF and editable Word
- Teacher guide with full worked answers
- Independently checked
Digital download. By buying you ask for immediate access to the files and acknowledge that you then lose the 14-day right to cancel. Refunds: see our refund page.
Free sample (PDF): cover, contents and the first two pages of Lesson 1. No answers, no email needed.
What is inside
One original, fictional UK case for three 55-minute lessons plus named homework. A sole trader who owns a toy shop needs her statement of comprehensive income.
Learners calculate closing inventories, cost of goods sold and gross profit; classify spending, calculate straight-line and reducing-balance depreciation and complete a draft down to profit for the year; adjust for prepayments and accruals, amend a draft containing mistakes, compare two years and write a recommendation to the owner. Formulas are not given in the Unit 3 external assessment, so the pack asks learners to write them from memory.
- Lesson1
What did the toys cost, and what was left?
Closing inventories, cost of goods sold and gross profit, with the formulas written from memory first.
- Lesson2
Where did the gross profit go?
Classifying spending, straight-line and reducing-balance depreciation, a draft statement completed down to profit for the year.
- Lesson3
Is the draft right, and what should Rosa do?
Prepayments and accruals, amending a draft containing mistakes, comparing two years and a recommendation to the owner.
| File | Pages | What it holds |
|---|---|---|
| Learner workbook PDF Word | 19 (A4) | The case and key facts, then every lesson's tasks with ruled answer space, formula boxes to complete from memory, statement templates, a draft to amend and a recommendation. |
| Teacher guide PDF Word | 13 (A4) | Curriculum fit with page references, three 55-minute plans with homework rows, full worked answers with the completed statements, a worked example recommendation, support and stretch. |
Mapped to Unit 3 content areas C2, C3 and F1 (specification Issue 14, April 2023).
Preview pages
Real pages from the files, at reading size. Click a page to open it full size.
About this pack
- New pack, no reviews yet. It is offered with the refund terms below.
- An original, fictional case. Every business, person, figure and quote is invented; nothing is real data.
- Timings are estimates. The lessons are not yet classroom-trialled.
- Written tasks come with indicative guidance and an example answer, not a mark scheme.
- The Word files were laid out and checked in LibreOffice, not Microsoft Word. Small layout differences are possible when you open them in Word.
- A classroom resource for teaching and practice. It does not replace a textbook or a scheme of work.
- Written for Unit 3 of the Pearson BTEC Level 3 National Extended Certificate in Business, specification Issue 14 (April 2023). Please check it against the specification and assessment arrangements you are teaching.
- Classroom teaching and practice only. It is not a Pearson set task and does not reproduce Pearson assessment materials.
- Not endorsed by Pearson. Contains no mark schemes.
Licence and refunds
One purchase licenses you and your school to use the pack with the students you teach: print it, project it, adapt the Word files for your own lessons and share it with colleagues in your department. Please do not post it publicly, upload it to resource-sharing sites or resell it.
If you are charged twice, cannot open the files, or the pack is not as described, email support@thebusiness.school and we put it right. Because the files are an immediate digital download and you lose the 14-day right to cancel when you buy, change-of-mind refunds are not offered once you have access. Your statutory rights are unaffected. The seller is TBS Education Ltd Oy; see the full terms and refund policy.
Who makes these
These resources are made by The Business School, founded by Sakari Laajoki. About us
Questions
What exactly do I get?
A learner workbook and a teacher guide for one original, fictional case. Both come as PDF and as editable Word files. The teacher guide has the lesson plans, full worked answers, completed diagrams and indicative guidance for the written tasks.
Can I edit the files?
Yes. The Word files are editable, so you can change the business name, the figures or the questions before you set it. They were laid out and checked in LibreOffice, not Microsoft Word, so you may see small layout differences in Word; the PDF is the reference layout. The download is a ZIP that opens on Windows and Mac without extra software.
Is it a mark scheme, and is it endorsed?
No to both. The teacher guide gives full answers for calculations and tables, and indicative guidance plus an example answer for each written task. It is not an exam board mark scheme, and the pack awards no marks or grades. It is mapped to the specification by section but is not endorsed by Pearson, and contains no exam board questions.
How does delivery work?
After payment you are sent straight to your download page and get a Stripe receipt by email. The download page is personal to your purchase; bookmark it.
What if something is wrong with my order?
Email support@thebusiness.school. The refund policy covers duplicate charges, files you cannot open and products that do not match their description.
Digital download. By buying you ask for immediate access to the files and acknowledge that you then lose the 14-day right to cancel. Refunds: see our refund page.