With reference to the data below, calculate the profit (in pence) for a single Aetheris Lavender Soy Candle sold at £24.50. You are advised to show your working.

| Component | Percentage |
|---|---|
| Soy Wax | 12% |
| Essential Oils | 18% |
| Glass Jar & Packaging | 6% |
| Shipping & Fulfilment | 15% |
| Marketing & Promotion | 15% |
| VAT | 20% |
| Profit | 14% |