Training/ Vet/ Entries/ Riding/ transport

Gift pack/ Marketing/ Advertising

Insurance/ Lease fee

Accounting/ admin/ updates/website

Hospitality/extra tickets/tours/events

Profit

VAT

Total per Share

Arkle

£14.50

£17.00

£4.00

£7.00

£3.00

£4.00

£9.90

£59.40

SYNDICATE

COSTS