What is the change in Bezique's share capital across 2023-2025?

• A. No change; remains £200,000
• B. Increased to £300,000
• C. Decreased to £150,000
• D. Increased to £250,000

Answer: (A)

Share capital is the nominal value of the shares the company has issued, and it only changes when the company issues new shares, buys back shares, or undergoes a formal capital reduction. In Bezique’s case, the share capital is shown as £200,000 for 2023, 2024, and 2025, which means no such equity transactions occurred in that period. Therefore, the change across 2023–2025 is zero, and the amount remains £200,000. The other possibilities would require actions like issuing more shares (to raise to a higher amount) or reducing capital (to a lower amount), which isn’t reflected here.