With reference to the data below, calculate the profit (in pence) for a single GreenGlow Matcha Latte sold at £3.80. You are advised to show your working.

| Component | Percentage |
|---|---|
| Matcha Powder | 5% |
| Oat Milk | 7% |
| Packaging | 6% |
| Rent/rates | 16% |
| Staff costs | 24% |
| VAT | 20% |
| Admin/overheads | 10% |
| Profit | 12% |