Financial Plan

MASTER NAVIGATION - innovateur.co.uk financial modelling freeware Copyright: www.innovateur.co.
uk 2003
Company / Project Name Details Inputs Outputs Used do not copy - more copies available free
to download directly from innovateur.co.uk
Insert Company Name: LENEFIN ENTERPRISES LENEFIN ENTERPRISES
Insert Sub Title: 2007 BUSINESS 2007 BUSINESS Version.0.3.4
Inputs Outputs Used

INPUT FINANCIAL INFORMATION (click): Insert Months (three characters) if Wanted - Or Leave
Month 1 (e.g Mar) JUL JUL Month
A STARTING POSITION 1. INSERT Company Name Month 2 AUG AUG Month
2. Insert Months - or LEAVE Month 3 SEP SEP Month
B SALES / COST OF SALES / DISTRIBUTION 3. Insert Years - or LEAVE Month 4 OCT OCT Month
Month 5 NOV NOV Month
C OPERATING EXPENSES 4. INSERT DATA in A, B, C, D Month 6 DEC DEC Month
Month 7 JAN JAN Month
D FINANCE / LOANS / INVESTMENTS GLOSSARY OF TERMS Month 8 FEB FEB Month
Month 9 MAR MAR Month
VIEW ACCOUNTS / PRINT (click): VIEW GRAPHS / PRINT (click): Month 10 APR APR Month
Month 11 MAY MAY Month
CASH FLOW SALES & PROFIT Month 12 JUN JUN Month
PROFIT & LOSS ACCOUNT CASH BALANCE Year 1 (e.g 2003) 2007 2007 Year
Year 2 2008 2008 Year
BALANCE SHEET KEY RATIOS Year 3 2009 2009 Year
For support e-mail us : freeware@innovateur.co.uk This Freeware is provided in goodfaith - innovateur accepts no liability whatever and by downloading it and using it you agree to this.
(YOU ONY NEED TO FILL WHITE BOXES) SUMMARY & CHECK
NET ASSESTS NET ASSETS 3,120,000
SUMMARY & CHECK - must balance SHAREHOLDERS FUNDS 3,120,000
BALANCE SHOULD BE NIL= - You can adjust the profit to ensure above figures match
1. INSERT DATA for 1. through 4.
2. THE BALANCE IN THE SUMMARY TABLE MUST BE ZERO - IF YOUR ENTRIES DO NOT BALANCE TO ZERO AFTER COMPLETING ALL ENTRIES
WE SUGGEST YOU ADJUST THE PROFIT FROM ACTIVITIES SO FAR TO BALANCE THE FIGURES
1. CURRENT ASSETS Bank Cash Balance 200,000 200,000

Opening Stocks [exc VAT] -
Trade Debtors [Inc VAT] - 200,000
2. FIXED ASSETS All Excluding VAT FIXED ASSET COST ANY DEPRECIATION FIXED ASSET VALUE
IT / Office Equipment 420,000 - 420,000
Plant & Machines 2,500,000 - 2,500,000
Intangible Assets [Development] - -
Other Fixed Assets - -
2,920,000 - 2,920,000
3. CURRENT LIABILITIES
Creditors & Accruals [Inc VAT] -
VAT Creditor (-Debtor) - -
4. FINANCED BY SAHREHOLDERS FUNDS AND LOANS:

SHAREHOLDER INVESTMENT 3,120,000 3,120,000
LOANS FROM DIRECTORS 0 -
LONG TERM LOANS 0 -
PROFIT / (-LOSS RESERVE) [form activities so far] 0 -
<< Back to Master INPUT SHEET FOR :: SALES / COST OF SALES / S & DISTRIBUTION <<Back Next >>
SUMMARY 2,007 2,008 2,009
INSERT SALES DATA SALES (exc VAT) 840,000 840,000 840,000 X VAT SUMMARY/MONTH 2,007 2,008 2,009
INSERT COST OF SALES Net SALES RECEIPTS 840,000 840,000 840,000 X VAT Monthly Sales 70,000 70,000 70,000 Exc VAT
INSERT DISTRIBUTION COST DEBTORS (inc VAT) - - - Inc VAT M.Net Sales Receipts 70,000 70,000 70,000 Exc VAT
(YOU ONY NEED TO FILL WHITE BOXES)
TO INSERT THE SALES DATA: OPTION: ANNUAL INCREASE 2,007 2,008 2,009
1. Insert Sales for first year one month at a time in " Sales / Month " rows (EXCLUDING VAT) Input Annual Sales Increase as %
2(A). - EITHER : Insert a PERCENTAGE Increase in Annual Sales for Year 2 and Year 3 in the corresponding % white boxes
2(B). - OR : Insert Total Annual Sales for Year 2 and Year 3 in the corresponding white boxes
SALES (Excluding VAT) 2,007 840,000 2,008 840,000 2,009 840,000 SALES (Excluding VAT)
Increase by % 0% Increase by % 0% 2,007 2,008 2,009
SALES (Excluding VAT) 2,007 840,000 2,008 840,000 2,009 840,000 840,000 840,000 840,000 SALES (Excluding VAT)
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
SALES (Excluding VAT) - NET Sales / Month 140,000 140,000 140,000 140,000 140,000 140,000 0 0 0 0 0 0 840,000 840,000 840,000 SALES (Excluding VAT)
Opening Debtors Net of VAT - this is the ammount you enetered in the opening position
Payment RECEIVED (ExVAT) - NET Sales Receipts - 140,000 140,000 140,000 140,000 140,000 140,000 - - - - - 840,000 840,000 840,000 Payment RECEIVED (ExVAT)
SALES DEBTORS (inc VAT) - Debtors (inc VAT) 165,200 165,200 165,200 165,200 165,200 165,200 - - - - - - - - - SALES DEBTORS (inc VAT)
COST OF SALES & STOCK 2,007 2,008 2,009 SUMMARY 2,007 2,008 2,009
DATA ASSUMPTIONS INSERT COST OF SALES % 15% 15% 15% COST OF SALES 126,000 126,000 126,000
OPENING STOCK - - -
1. Insert COST OF SALES % to be used for the plan (i.e. direct cost of production as a % of Sales net of VAT) PURCHASES 126,000 126,000 126,000
2. If you had OPENING CREDITORS insert manually when these will be paid (See Note). CLOSING STOCK - - -
COST OF SALES 2,007 15% 2,008 15% 2,009 15% COST OF SALES
2,007 2,008 2,009
COST OF SALES 2,007 126,000 2,008 126,000 2,009 126,000 126,000 126,000 126,000 COST OF SALES
COST OF SALES % 21,000 21,000 21,000 21,000 21,000 21,000 - - - - - - 126,000 126,000 126,000 COST OF SALES
OPENING STOCK POSITION - - - - - - - - - - - - - - - OPENING STOCK POSITION
STOCK PURCHASES (INSERT VALUES) 21,000 21,000 21,000 21,000 21,000 21,000 - - - - - - 126,000 126,000 126,000 STOCK PURCHASES (INSERT VALUES)
NET PAYMENTS (Also for any OPENING CREDITORS) 21,000 21,000 21,000 21,000 21,000 21,000 - - - - - - 126,000 126,000 126,000 NET PAYMENTS (Also for any OPENING CREDITORS)
INCREASE/(DECREASE) TO NET CREDITORS - - - - - - - - - - - - - - - INCREASE/(DECREASE) TO NET CREDITORS
CLOSING STOCK - - - - - - - - - - - - - - - CLOSING STOCK
SALES & DISTRIBUTION 2,007 2,008 2,009 SUMMARY 2,007 2,008 2,009
COSTS SALES & DISTRIBUTION % 0% 0% 0% SALES & DISTRIBUTION - - -
PAYMENT OF CHARGES - - -
1. Insert SALES & DISTRIBUTION Cost PERCENTAGE (as a % of Sales net of VAT) BALANCING CREDITOR - - -
SALES & DISTRIBUTION 2,007 0% 2,008 0% 2,009 0% SALES & DISTRIBUTION

2,007 2,008 2,009
SALES & DISTRIBUTION 2,007 - 2,008 - 2,009 - - - - SALES & DISTRIBUTION
SALES & DISTRIBUTION % - - - - - - - - - - - - - - - SALES & DISTRIBUTION
SALES & DISTRIBUTION PAYMENT (Exc VAT) - - - - - - - - - - - - - - - SALES & DISTRIBUTION PAYMENT (Exc VAT)
INCREASE / (DECREASE) IN NET CREDITORS - - - - - - - - - - - - - - - INCREASE / (DECREASE) IN NET CREDITORS
END
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<< Back to Master INPUT SHEET FOR :: OPERATING EXPENSES <<Back Next >>
SUMMARY 2,007 2,008 2,009 SUMMARY/MONTH 2,007 2,008 2,009

ADMINISTRATIVE Net Expenses 20,000 20,000 20,000 Monthly Expenses 1,667 1,667 1,667
EXPENSES Net Payments 18,333 20,000 20,000 Monthly Payments 1,528 1,667 1,667
YearEnd Net Creditor 1,667 1,667 1,667
TO INSERT THE EXPENSES DATA (YOU ONY NEED TO FILL WHITE BOXES) SUMMARY/MONTH 2,007 2,008 2,009
1. Insert 1st year Total Expense data in the "Year 1" box - OR Individually month by month Input Annual Cost Increase as % 0% 0%
2(A). - EITHER : Insert a PERCENTAGE Increase in Annual Sales for Year 2 and Year 3 in the corresponding % white boxes
2(B). - OR : Insert Total Annual EXPENSES for Year 2 and Year 3 in the corresponding white boxes
3. Insert VAT (Or GST in USA) Rate - This is currently set at UK level (GST in US) VAT Rate on COSTS 18.00% MASTER ENTRY
VAT RATE ON SALES 18.00% Change if Different - or leave the same
Offices & Rates 2,007 0 2,008 - 2,009 - Offices & Rates Offices & Rates
Offices & Rates 2,007 - OR 2,008 - 2,009 - - - -
Offices & Rates - Expenses / Month - - - - - - - - - - - - Expenses
Offices & Rates - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Offices & Rates - Creditors (Exc VAT) - - - - - - - - - - - - - - - NET Creditors
Salaries & Employer NI 2,007 0 2,008 - 2,009 - Salaries & Employer NI Salaries & Employer NI
Salaries & Employer NI / Year 2,007 - 2,008 - 2,009 - - - -
Salaries & Employer NI - Expenses / Month - - - - - - - - - - - - - Expenses
Salaries & Employer NI - Payments - - - - - - - - - - - - - - - Payments
Salaries & Employer NI - Creditors - - - - - - - - - - - - - - - Creditors
Utilities 2,007 0 2,008 - 2,009 - Utilities Utilities

Utilities / Year 2,007 - 2,008 - 2,009 - - - -
Utilities - Expenses / Month - - - - - - - - - - - - - - - Expenses
Utilities - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Utilities - Creditors - - - - - - - - - - - - - - - Creditors
Telephones 2,007 0 2,008 - 2,009 - Telephones Telephones

Telephones / Year 2,007 - 2,008 - 2,009 - - - -
Telephones - Expenses / Month - - - - - - - - - - - - - - Expenses
Telephones - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Telephones - Creditors - - - - - - - - - - - - - - - Creditors
Insurance 2,007 0 2,008 - 2,009 - Insurance Insurance

Insurance / Year 2,007 - 2,008 - 2,009 - - - -
Insurance - Expenses / Month - - - - - - - - - - - - - - - Expenses
Insurance - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Insurance - Creditors - - - - - - - - - - - - - - - Creditors
Stationery & Post 2,007 0 2,008 - 2,009 - Stationery & Post Stationery & Post
Stationery & Post / Year 2,007 - 2,008 - 2,009 - - - -
Stationery & Post - Expenses / Month - - - - - - - - - - - - - Expenses
Stationery & Post - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Stationery & Post - Creditors - - - - - - - - - - - - - - - Creditors
Office Equipment Rental 2,007 0 2,008 - 2,009 - Office Equipment Rental Office Equipment Rental
Office Equipment Rental / Year 2,007 - 2,008 - 2,009 - - - -
Office Equipment Rental - Expenses / Month - - - - - - - - - - - - - - - Expenses
Office Equipment Rental - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Office Equipment Rental - Creditors - - - - - - - - - - - - - - - Creditors
Website Costs 2,007 0 2,008 - 2,009 - Website Costs Website Costs

Website Costs / Year 2,007 - 2,008 - 2,009 - - - -
Website Costs - Expenses / Month - - - - - - - - - - - - - - - Expenses
Website Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Website Costs - Creditors - - - - - - - - - - - - - - - Creditors
Accountancy Costs 2,007 0 2,008 - 2,009 - Accountancy Costs Accountancy Costs

Accountancy Costs / Year 2,007 - 2,008 - 2,009 - - - -
Accountancy Costs - Expenses / Month - - - - - - - - - - - - - - - Expenses
Accountancy Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Accountancy Costs - Creditors - - - - - - - - - - - - - - - Creditors
Legal & Professional Fees 2,007 0 2,008 - 2,009 - Legal & Professional Fees Legal & Professional Fees
Legal & Professional Fees / Year 2,007 - 2,008 - 2,009 - - - -
Legal & Professional Fees - Expenses / Month - - - - - - - - - - - - - - - Expenses
Legal & Professional Fees - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Legal & Professional Fees - Creditors - - - - - - - - - - - - - - - Creditors
Travel & Subsistence 2,007 0 2,008 - 2,009 - Travel & Subsistence Travel & Subsistence
Travel & Subsistence / Year 2,007 - 2,008 - 2,009 - - - -
Travel & Subsistence - Expenses / Month - - - - - - - - - - - - - - Expenses
Travel & Subsistence - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Travel & Subsistence - Creditors - - - - - - - - - - - - - - - Creditors
Motor Expenses 2,007 0 2,008 - 2,009 - Motor Expenses Motor Expenses

Motor Expenses / Year 2,007 - 2,008 - 2,009 - - - -
Motor Expenses - Expenses / Month - - - - - - - - - - - - - - - Expenses
Motor Expenses - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Motor Expenses - Creditors - - - - - - - - - - - - - - - Creditors
Sundry Expenses 2,007 0 2,008 - 2,009 - Sundry Expenses Sundry Expenses

Sundry Expenses / Year 2,007 - 2,008 - 2,009 - - - -

Sundry Expenses - Expenses / Month - - - - - - - - - - - - - - - Expenses
Sundry Expenses - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Sundry Expenses - Creditors - - - - - - - - - - - - - - - Creditors
Bank Charges 2,007 20,000 2,008 20,000 2,009 20,000 Bank Charges Bank Charges
Bank Charges / Year 2,007 20,000 2,008 20,000 2,009 20,000 20,000 20,000 20,000
Bank Charges - Expenses / Month 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 20,000 20,000 20,000 Expenses
Bank Charges - Payments (Exc VAT) 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 18,333 20,000 20,000 Payments
Bank Charges - Creditors 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 Creditors
Other Services 2,007 0 2,008 - 2,009 - Other Services Other Services

Other Services / Year 2,007 - 2,008 - 2,009 - - - -
Other Services - Expenses / Month - - - - - - - - - - - - - - - Expenses
Other Services - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Other Services - Creditors - - - - - - - - - - - - - - - Creditors
Marketing Costs 2,007 0 2,008 - 2,009 - Marketing Costs Marketing Costs

Marketing Costs / Year 2,007 - 2,008 - 2,009 - - - -
Marketing Costs - Expenses / Month - - - - - - - - - - - - - - - Expenses
Marketing Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Marketing Costs - Creditors - - - - - - - - - - - - - - - Creditors
Research Costs 2,007 0 2,008 - 2,009 - Research Costs Research Costs

Research Costs / Year 2,007 - 2,008 - 2,009 - - - -
Research Costs - Expenses / Month - - - - - - - - - - - - - - Expenses
Research Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
Research Costs - Creditors - - - - - - - - - - - - - - - Creditors
2,007 0 2,008 - 2,009 - - -

- / Year 2,007 - 2,008 - 2,009 - - - -
- - Expenses / Month - - - - - - - - - - - - - - - Expenses
- - Payments (Exc VAT) - - - - - - - - - - - - - - Payments
- - Creditors - - - - - - - - - - - - - - - Creditors
Provision for Bad Debts 2,007 0.0% 2,008 0.0% 2,009 0.0% Provision for Bad Debts Provision for Bad Debts
INSERT A PERCENTAGE OF SALES PERCENTAGE OF SALES PERCENTAGE OF SALES 2,007 2,008 2,009
Provision for Bad Debts / Year 2,007 - 2,008 - 2,009 - - - -
Provision for Bad Debts - Expense / Month - - - - - - - - - - - - - - - Expenses
Provision for Bad Debts - 'Payments' (Exc VAT) - - - - - - - - - - - - - - Payments
Provision for Bad Debts - Creditors - - - - - - - - - - - - - - - Creditors

END
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<< Back to Master INPUT SHEET FOR :: FINANCE / LOANS / FIXED ASSETS
<<Back BAL SHEET>>
EQUITY RECEIVED LOAN INTEREST RATE: 18%
LOANS OVERDRAFT INTEREST RATE: 10% FIXED ASSET DEPRECIATION RATE 1%
DIRECTOR LOANS INTEREST RATE ON CASH SURPLUS: 2%
FIXED ASSETS
(YOU ONY NEED TO FILL WHITE BOXES)

EQUITY INVESTMENT OPENING BALANCE 3,120,000 LONG TERM LOANS OPENING BALANCE -
NEW EQUITY ADDITIONAL CAPITAL LONG TERM INTEREST

RECEIVED LOANS REPAYMENTS LOAN BALANCE DUE
Month J UL 0 - Month JUL 0 - -
Month AUG 0 - Month AUG 0 - -
Month SEP 0 - Month SEP 0 - -
Month OCT 0 - Month OCT 0 - -
Month NOV 0 - Month NOV 0 - -
Month DEC 0 - Month DEC 0 - -
Month J AN 0 - Month JAN 0 - -
Month FEB 0 - Month FEB 0 - -
Month MAR 0 - Month MAR 0 - -
Month APR 0 - Month APR 0 - -
Month MAY 0 - Month MAY 0 - -
Month J UN 0 - Month JUN 0 - -
Year 2007 - - Year 2007 - - - -

Year 2008 0 - Year 2008 0 - -
Year 2009 0 - Year 2009 0 - -
LOANS FROM DIRECTORS DIRECTOR LOANS OPENING BALANCE -
MORE DIRECTOR REPAYMENT DIRECTOR

LOANS TO DIRECTORS LOAN BALANCE
Month JUL 0 -
Month AUG 0 -
Month SEP 0 -
Month OCT 0 -
Month NOV 0 -
Month DEC 0 -
Month JAN 0 -
Month FEB 0 -
Month MAR 0 -
Month APR 0 -
Month MAY 0 -
Month JUN 0 -
Year 2007 - - -
Year 2008 0 -
Year 2009 0 -
PURCHASE OF FIXED ASSESTS

IT / Office Equipment OPENING BALANCE 420,000
Nav igation around Fix ed As s ets DEPRECIATION 1% Reducing Balance
1 OFFICE / IT FIXED ASSETS 1.
2 PLANT & MACHINE OPENING PLUS NEW LESS CLOSING VAT
3 INTANGIBLES FIXED ASSET SUMMARY IT / Office Equipment BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES
4 OTHER FIXED Month JUL 420,000 0 350 419,650 -
DEPRECIATION RATE 1% Month AUG 419,650 0 350 419,300 -
Month SEP 419,300 0 349 418,951 -
CASH EXPENDED IN FIXED ASSETS Month OCT 418,951 0 349 418,602 -
Year 2007 - Month NOV 418,602 0 349 418,253 -
Year 2008 - Month DEC 418,253 0 349 417,904 -
Year 2009 - Month JAN 417,904 0 348 417,556 -
Month FEB 417,556 0 348 417,208 -
CLOSING FIXED ASSETS Month MAR 417,208 0 348 416,860 -
Year 2007 2,890,933 Month APR 416,860 0 347 416,513 -
Year 2008 2,862,024 Month MAY 416,513 0 347 416,166 -
Year 2009 2,833,404 Month JUN 416,166 0 347 415,819 -
DEPRECIATION Year 2007 420,000 - 4,181 415,819 -

Year 2007 29,067 Year 2008 415,819 0 4,158 411,661 -
Year 2008 28,909 Year 2009 411,661 0 4,117 407,544 -
Year 2009 28,620
Plant & Machines OPENING BALANCE 2,500,000

3 INTANGIBLES Plant & Machines BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES
4 OTHER FIXED Month JUL 2,500,000 0 2,083 2,497,917 -
Month AUG 2,497,917 0 2,082 2,495,835 -
Month SEP 2,495,835 0 2,080 2,493,755 -
Month OCT 2,493,755 0 2,078 2,491,677 -
Month NOV 2,491,677 0 2,076 2,489,601 -
Month DEC 2,489,601 0 2,075 2,487,526 -
Month JAN 2,487,526 0 2,073 2,485,453 -
Month FEB 2,485,453 0 2,071 2,483,382 -
Month MAR 2,483,382 0 2,069 2,481,312 -
Month APR 2,481,312 0 2,068 2,479,245 -
Month MAY 2,479,245 0 2,066 2,477,179 -
Month JUN 2,477,179 0 2,064 2,475,114 -
Year 2007 2,500,000 - 24,886 2,475,114 -

Year 2008 2,475,114 0 24,751 2,450,363 -
Year 2009 2,450,363 0 24,504 2,425,859 -
Intangible Assets [Development] OPENING BALANCE -

3 INTANGIBLES Intangible Assets [Development] BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES
4 OTHER FIXED Month JUL - 0 - - -
Month AUG - 0 - - -
Month SEP - 0 - - -
Month OCT - 0 - - -
Month NOV - 0 - - -
Month DEC - 0 - - -
Month JAN - 0 - - -
Month FEB - 0 - - -
Month MAR - 0 - - -
Month APR - 0 - - -
Month MAY - 0 - - -
Month JUN - 0 - - -
Year 2007 - - - - -
Year 2008 - 0 - - -
Year 2009 - 0 - - -
Other Fixed Assets OPENING BALANCE -

3 INTANGIBLES Other Fixed Assets BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES
4 OTHER FIXED Month JUL - 0 - - -
Month AUG - 0 - - -
Month SEP - 0 - - -
Month OCT - 0 - - -
Month NOV - 0 - - -
Month DEC - 0 - - -
Month JAN - 0 - - -
Month FEB - 0 - - -
Month MAR - 0 - - -
Month APR - 0 - - -
Month MAY - 0 - - -
Month JUN - 0 - - -
Year 2007 - - - - -
Year 2008 - 0 - - -
Year 2009 - 0 - - -
END
/\ /\ BACK TO TOP /\ /\ FIXED ASSET PURCHASES & VAT SUMMARY
VAT NET GROSS
TOTAL DEPRECIATION - BREAKDOWN BY MONTH & YEAR TOTAL DEPRECIATION SUMMARY Totals PURCHASESPURCHASES
Month JUL 2,433 Month JUL - - -
Month AUG 2,431 Month AUG - - -
Month SEP 2,429 Month SEP - - -
Month OCT 2,427 Month OCT - - -
Month NOV 2,425 Month NOV - - -
Month DEC 2,423 Month DEC - - -
Month JAN 2,421 Month JAN - - -
Month FEB 2,419 Month FEB - - -
Month MAR 2,417 Month MAR - - -
Month APR 2,415 Month APR - - -
Month MAY 2,413 Month MAY - - -
Month JUN 2,411 29,067 Month JUN - - -
Year 2007 29,067 Year 2007 - - -

Year 2008 28,909 Year 2008 - - -
Year 2009 28,620 Year 2009 - - -
LENEFIN ENTERPRISES
PROFIT & LOSS ACCOUNT 2007 BUSINESS
Month Month Month Month Month Month Month Month Month Month Month Month Year Year Year
JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN 2007 2008 2009
Sales 140,000 140,000 140,000 140,000 140,000 140,000 - - - - - - 840,000 840,000 840,000
Cost of Sales 21,000 21,000 21,000 21,000 21,000 21,000 - - - - - - 126,000 126,000 126,000
Gross Profit 119,000 119,000 119,000 119,000 119,000 119,000 - - - - - - 714,000 714,000 714,000
Administrative Expenses
Offices & Rates - - - - - - - - - - - - - - -
Salaries & Employer NI - - - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - - - -
Telephones - - - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - - - -
Stationery & Post - - - - - - - - - - - - - - -
Office Equipment Rental - - - - - - - - - - - - - - -
Website Costs - - - - - - - - - - - - - - -
Accountancy Costs - - - - - - - - - - - - - - -
Legal & Professional Fees - - - - - - - - - - - - - - -
Travel & Subsistence - - - - - - - - - - - - - - -
Motor Expenses - - - - - - - - - - - - - - -
Sundry Expenses - - - - - - - - - - - - - - -
Bank Charges 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 20,000 20,000 20,000
Other Services - - - - - - - - - - - - - - -
Marketing Costs - - - - - - - - - - - - - - -
Research Costs - - - - - - - - - - - - - - -
0 - - - - - - - - - - - - - - -
Provision for Bad Debts - - - - - - - - - - - - - - -
1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 20,000 20,000 20,000
Sales & Distribution Costs - - - - - - - - - - - - - - -
Depreciation 2,433 2,431 2,429 2,427 2,425 2,423 2,421 2,419 2,417 2,415 2,413 2,411 29,067 28,909 28,620
Operating Profit (EBIT) 114,900 114,902 114,904 114,906 114,908 114,910 -4,088 -4,086 -4,084 -4,082 -4,080 -4,078 664,933 665,091 665,380
Interest Payable
Overdraft Interest (Interest Received) - -333 -292 -523 -684 -916 -1,148 -1,274 -1,548 -1,547 -1,512 -1,512 -11,290 -18,139 -32,388
Loan Interest Payable - - - - - - - - - - - - - - -
Profit Before Corporation Tax 114,900 115,235 115,196 115,429 115,592 115,826 -2,940 -2,811 -2,535 -2,535 -2,567 -2,566 676,224 683,230 697,768
Corporation Tax
Net Profit / (Loss) 114,900 115,235 115,196 115,429 115,592 115,826 -2,940 -2,811 -2,535 -2,535 -2,567 -2,566 676,224 683,230 697,768
Dividens Payable
Profit to Reserves 114,900 115,235 115,196 115,429 115,592 115,826 -2,940 -2,811 -2,535 -2,535 -2,567 -2,566 676,224 683,230 697,768
modelling softwarecopyright innovateur.co.uk 2003

LENEFIN ENTERPRISES
BALANCE SHEET 2007 BUSINESS
Opening Month Month Month Month Month Month Month Month Month Month Month Month Year Year Year
Balance JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN 2007 2008 2009
Fixed Assets
IT / Office Equipment 420,000 419,650 419,300 418,951 418,602 418,253 417,904 417,556 417,208 416,860 416,513 416,166 415,819 415,819 411,661 407,544
Plant & Machines 2,500,000 2,497,917 2,495,835 2,493,755 2,491,677 2,489,601 2,487,526 2,485,453 2,483,382 2,481,312 2,479,245 2,477,179 2,475,114 2,475,114 2,450,363 2,425,859
Intangible Assets [Development] - - - - - - - - - - - - - - - -
Other Fixed Assets - - - - - - - - - - - - - - - -
2,920,000 2,917,567 2,915,135 2,912,706 2,910,279 2,907,854 2,905,430 2,903,009 2,900,590 2,898,173 2,895,758 2,893,345 2,890,933 2,890,933 2,862,024 2,833,404
Current Assets
Cash 200,000 175,220 314,007 410,512 549,489 688,626 764,635 929,016 928,324 907,386 906,966 906,512 906,957 906,957 1,619,396 2,345,784
Trade Debtors - 165,200 165,200 165,200 165,200 165,200 165,200 - - - - - - - - -
Stock - - - - - - - - - - - - - - - -
200,000 340,420 479,207 575,712 714,689 853,826 929,835 929,016 928,324 907,386 906,966 906,512 906,957 906,957 1,619,396 2,345,784
Current Liabilities
Trade Creditors & Accruals - 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967 1,967
VAT Creditor (Debtor) - 21,120 42,240 21,120 42,240 63,360 21,120 20,820 20,520 -300 -600 -900 -300 -300 - -
Other Creditors
- 23,087 44,207 23,087 44,207 65,327 23,087 22,787 22,487 1,667 1,367 1,067 1,667 1,667 1,967 1,967
Net Current Assets 200,000 317,333 435,000 552,625 670,482 788,500 906,749 906,230 905,837 905,719 905,600 905,445 905,290 905,290 1,617,429 2,343,817
Total Assets less Current Liabilities 3,120,000 3,234,900 3,350,135 3,465,331 3,580,761 3,696,353 3,812,179 3,809,239 3,806,427 3,803,892 3,801,357 3,798,790 3,796,224 3,796,224 4,479,454 5,177,221
Long Term Creditors
Long Term Loans - - - - - - - - - - - - - - - -

Loans from Directors - - - - - - - - - - - - - - - -
Other Creditors due after 1 year
- - - - - - - - - - - - - - - -
NET ASSETS 3,120,000 3,234,900 3,350,135 3,465,331 3,580,761 3,696,353 3,812,179 3,809,239 3,806,427 3,803,892 3,801,357 3,798,790 3,796,224 3,796,224 4,479,454 5,177,221
- - - - - - - - - - - - - - - -
SHAREHOLDERS FUNDS 3,120,000 3,234,900 3,350,135 3,465,331 3,580,761 3,696,353 3,812,179 3,809,239 3,806,427 3,803,892 3,801,357 3,798,790 3,796,224 3,796,224 4,479,454 5,177,221
Share Capital & Premium 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000
Profit & Loss Account - 114,900 230,135 345,331 460,761 576,353 692,179 689,239 686,427 683,892 681,357 678,790 676,224 676,224 1,359,454 2,057,221

LENEFIN ENTERPRISES
CASH FLOW FORECAST 2007 BUSINESS
CASH INFLOWS
Cash from Sales - 140,000 140,000 140,000 140,000 140,000 140,000 - - - - - 840,000 840,000 840,000
VAT (or GST USA) from Sales - 25,200 25,200 25,200 25,200 25,200 25,200 - - - - - 151,200 151,200 151,200
Loans from Directors - - - - - - - - - - - - - - -
Long Term Loans - - - - - - - - - - - - - - -
Share Capital Investment - - - - - - - - - - - - - - -
CASH INFLOW IN PERIOD - 165,200 165,200 165,200 165,200 165,200 165,200 - - - - - 991,200 991,200 991,200
CASH OUTFLOWS
Financing & Investment
IT / Office Equipment - - - - - - - - - - - - - - -
Plant & Machines - - - - - - - - - - - - - - -
Intangible Assets [Development] - - - - - - - - - - - - - - -
Other Fixed Assets - - - - - - - - - - - - - - -
Purchases for Stock 21,000 21,000 21,000 21,000 21,000 21,000 - - - - - - - 126,000 126,000 126,000
Bank Interest Paid / (Received) -333 -292 -523 -684 -916 -1,148 -1,274 -1,548 -1,547 -1,512 -1,512 -11,290 -18,139 -32,388
Loan Interest Paid - - - - - - - - - - - - - - -
Loan Capital Repayments - - - - - - - - - - - - - - -
Director Loan Repayments - - - - - - - - - - - - - - -
Administrative Expenses
Offices & Rates - - - - - - - - - - - - - - -
Salaries & Employer NI - - - - - - - - - - - - - - -
Utilities - - - - - - - - - - - - - - -
Telephones - - - - - - - - - - - - - - -
Insurance - - - - - - - - - - - - - - -
Stationery & Post - - - - - - - - - - - - - - -
Office Equipment Rental - - - - - - - - - - - - - - -
Website Costs - - - - - - - - - - - - - - -
Accountancy Costs - - - - - - - - - - - - - - -
Legal & Professional Fees - - - - - - - - - - - - - - -
Travel & Subsistence - - - - - - - - - - - - - - -
Motor Expenses - - - - - - - - - - - - - - -
Sundry Expenses - - - - - - - - - - - - - - -
Bank Charges - 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 18,333 20,000 20,000
Other Services - - - - - - - - - - - - - - -
Marketing Costs - - - - - - - - - - - - - - -
Research Costs - - - - - - - - - - - - - - -
0 - - - - - - - - - - - - - - -
Provision for Bad Debts - - - - - - - - - - - - - - -
Sales & Distribution Costs - - - - - - - - - - - - - - -
VAT (or GST USA)

VAT in Purchases & Expense Payment 18.00% 3,780 4,080 4,080 4,080 4,080 4,080 300 300 300 300 300 300 25,980 26,280 26,280
VAT to Customs & Excise - Payment (Refund) 42,240 63,360 20,520 -900 125,220 124,620 124,920
CASH OUTFLOWS IN PERIOD 24,780 26,413 68,695 26,223 26,062 89,191 819 692 20,938 419 454 -445 284,243 278,761 264,812
NET CASH FLOWS -24,780 138,787 96,505 138,977 139,138 76,009 164,381 -692 -20,938 -419 -454 445 706,957 712,439 726,388
OPENING CASH 200,000 175,220 314,007 410,512 549,489 688,626 764,635 929,016 928,324 907,386 906,966 906,512 200,000 906,957 1,619,396
CASH BALANCE 175,220 314,007 410,512 549,489 688,626 764,635 929,016 928,324 907,386 906,966 906,512 906,957 906,957 1,619,396 2,345,784

LENEFIN ENTERPRISES
2007 BUSINESS
CASH BALANCE
2,500,000
2,000,000
1,500,000
1,000,000
500,000
-
L
07
08
09
N
R
P
AY
T
G
EC
AR
N
JU
C
SE
FE
O
JA
AP
JU
AU
20
20
20
M
O
M
N
First 12 Months - Then First 3 Years

LENEFIN ENTERPRISES
2007 BUSINESS
SALES & PROFIT

900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
-100,000
07
08
09
V
AY
T
L
EC
AR
N
P
B
JU
O
SE
FE
AP
JU
JA
AU
20
20
20
M
O
M
N
First 12 Months - Then First 3 Years

LENEFIN ENTERPRISES
KEY RATIOS 2007 BUSINESS
OPERATING PERFORMANCE RATIOS
GROSS PROFIT MARGIN % 85% 85% 85% 85% 85% 85% 0% 0% 0% 0% 0% 0% 85% 85% 85%
COST OF SALES % 15% 15% 15% 15% 15% 15% 0% 0% 0% 0% 0% 0% 15% 15% 15%
SALES & DISTRIBUTION % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
PROFIT BIT ON SALES % 82% 82% 82% 82% 82% 82% 0% 0% 0% 0% 0% 0% 79% 79% 79%
RETURN ON ASSETS RATIOS
RETURN ON NET ASSESTS 4% 3% 3% 3% 3% 3% 0% 0% 0% 0% 0% 0% 18% 15% 13%
RETURN ON EQUITY 4% 4% 4% 4% 4% 4% 0% 0% 0% 0% 0% 0% 22% 22% 22%
4,824 4,821 4,819 4,816 4,814 4,812 4,809 4,807 4,805 4,802 4,800 4,797 57,725 57,540 57,200
BREAK EVEN & CASH CONSUMPTION LEVELS
SALES BREAK EVEN - Exc VAT(exc.capex) 4,824 4,821 4,819 4,816 4,814 4,812 4,809 4,807 4,805 4,802 4,800 4,797 ### 57,725 57,540 57,200
(Assuming COS + Distribution as % of Sales)
CASH BURN RATE - BEFORE SALES 0 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 18,333 20,000 20,000
(Excluding Capital)
CASH BURN RATE - BEFORE SALES 0 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 18,333 20,000 20,000
(Including Capital)
CASH BURN RATE - INCLUDING SALES 0 -138,667 -138,625 -138,857 -139,018 -139,249 -139,481 392 118 119 154 155 -832,957 -838,139 -852,388
(Including Capital)
SOLVENCY RATIOS
NET CURRENT ASSETS 317,333 435,000 552,625 670,482 788,500 906,749 906,230 905,837 905,719 905,600 905,445 905,290 905,290 1,617,429 2,343,817
CURRENT RATIO 14.7 10.8 24.9 16.2 13.1 40.3 40.8 41.3 544.4 663.6 849.9 544.2 544.2 823.4 1192.8
NET LIQUID ASSETS 317,333 435,000 552,625 670,482 788,500 906,749 906,230 905,837 905,719 905,600 905,445 905,290 905,290 1,617,429 2,343,817
ACID TEST (Liquidity) 14.7 10.8 24.9 16.2 13.1 40.3 40.8 41.3 461.5 461.5 461.4 461.3 461.3 823.4 1192.8
14.7 10.8 24.9 16.2 13.1 40.3 40.8 41.3 544.4 663.6 849.9 544.2 544.2 823.4 1192.8
162.4 222.2 282.0 341.9 401.9 462.1 461.8 461.6 461.5 461.5 461.4 461.3 461.3 823.4 1192.8
DEPRECIATION POLICY
Fixed Assets are Depreciated at 1% per annum, on a reducing balance basis.

<< Back to Master GLOSSARY OUTPUTS: << P&L << BS <<CASH
Glossary of Accounting Terms
Profit & Loss Account

>>Statement of trading performance (excludes assets and liabilities)
Balance Sheet
>>Statement of Assets & Liabilities at a particular point in time
Cash Flow Statement

>>Statement of cash position and the sources and uses of cash during the period
Creditors
>>Money owed by the company to suppliers and others who they have bought goods from (including VAT or GST)
Debtors
>>Money owed TO the company by suppliers and others (includes VAT)
Assets
>>Those things owned by the business >>such as cash, or furniture, or computers or trademarks
Fixed Assets
>>Those assets that are reasonably fixed >>not stock or cash which are consumed regularly
Current Assets
>>Those assets that are reasonably quickly able to be converted into cash (or are cash) stock, debtors,etc.
Liabilities
>>That which is owed by the company to others >>such as overdraft or other debts / commitments
Depreciation
>>Fixed Assets have a finite life >>as they get older they need to be depreciated (as their asset value reduces)
>>This depreciation is charged to the Profit & Loss account and reduced the value of the asset
>>For example, a Computer might have a 3 year life expectancy >>so it is depreciated (reduced in value) over three years to zero
Interest
>>Interest charged on loans and overdrafts, or paid on cash deposits
Equity
>>Investment made into the company in exchange for shares (part ownership). This carries no interest >>owners benefit by shar
Debt
>>Loans from the bank and others made to the company
Director Loans
>>Loans made by directors to the company, or vice-versa
NI
>>National Insurance or Employment Tax >>paid by companies on top of employee salaries
VAT / GST
>>Value Added Tax or General Sales Tax >>A tax the company adds to Sales and which it is charge on Supplies.
>>The difference between the tax it charges and the tax it is charged by others is then paid to the Tax Office.
/\ /\ BACK TO TOP /\ /\
For support e-mail us : freeware@innovateur.co.uk

CHARTS: CASH>> PROFIT>>
ding VAT or GST)
ks
ebtors,etc.
ents
value reduces)
d in value) over three years to zero
interest >>owners benefit by sharing profits

arge on Supplies.
he Tax Office.

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Insert Sub Title: 2007 BUSINESS 2007 BUSINESS Version.0.3.4

Inputs Outputs Used

1. CURRENT ASSETS Bank Cash Balance 200,000 200,000

4. FINANCED BY SAHREHOLDERS FUNDS AND LOANS:

OPENING STOCK POSITION - - - - - - - - - - - - - - - OPENING STOCK POSITION

CLOSING STOCK - - - - - - - - - - - - - - - CLOSING STOCK

SALES & DISTRIBUTION 2,007 0% 2,008 0% 2,009 0% SALES & DISTRIBUTION

SALES & DISTRIBUTION 2,007 - 2,008 - 2,009 - - - - SALES & DISTRIBUTION

INCREASE / (DECREASE) IN NET CREDITORS - - - - - - - - - - - - - - - INCREASE / (DECREASE) IN NET CREDITORS

SUMMARY 2,007 2,008 2,009 SUMMARY/MONTH 2,007 2,008 2,009

Offices & Rates 2,007 - OR 2,008 - 2,009 - - - -

Offices & Rates - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Offices & Rates - Creditors (Exc VAT) - - - - - - - - - - - - - - - NET Creditors

Salaries & Employer NI / Year 2,007 - 2,008 - 2,009 - - - -

Salaries & Employer NI - Payments - - - - - - - - - - - - - - - Payments

Salaries & Employer NI - Creditors - - - - - - - - - - - - - - - Creditors

Utilities 2,007 0 2,008 - 2,009 - Utilities Utilities

Utilities / Year 2,007 - 2,008 - 2,009 - - - -

Utilities - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Utilities - Creditors - - - - - - - - - - - - - - - Creditors

Telephones 2,007 0 2,008 - 2,009 - Telephones Telephones

Telephones / Year 2,007 - 2,008 - 2,009 - - - -

Telephones - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Telephones - Creditors - - - - - - - - - - - - - - - Creditors

Insurance 2,007 0 2,008 - 2,009 - Insurance Insurance

Insurance / Year 2,007 - 2,008 - 2,009 - - - -

Insurance - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Insurance - Creditors - - - - - - - - - - - - - - - Creditors

Stationery & Post / Year 2,007 - 2,008 - 2,009 - - - -

Stationery & Post - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Stationery & Post - Creditors - - - - - - - - - - - - - - - Creditors

Office Equipment Rental / Year 2,007 - 2,008 - 2,009 - - - -

Office Equipment Rental - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Office Equipment Rental - Creditors - - - - - - - - - - - - - - - Creditors

Website Costs 2,007 0 2,008 - 2,009 - Website Costs Website Costs

Website Costs / Year 2,007 - 2,008 - 2,009 - - - -

Website Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Website Costs - Creditors - - - - - - - - - - - - - - - Creditors

Accountancy Costs 2,007 0 2,008 - 2,009 - Accountancy Costs Accountancy Costs

Accountancy Costs / Year 2,007 - 2,008 - 2,009 - - - -

Accountancy Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Accountancy Costs - Creditors - - - - - - - - - - - - - - - Creditors

Legal & Professional Fees / Year 2,007 - 2,008 - 2,009 - - - -

Legal & Professional Fees - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Legal & Professional Fees - Creditors - - - - - - - - - - - - - - - Creditors

Travel & Subsistence / Year 2,007 - 2,008 - 2,009 - - - -

Travel & Subsistence - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Travel & Subsistence - Creditors - - - - - - - - - - - - - - - Creditors

Motor Expenses 2,007 0 2,008 - 2,009 - Motor Expenses Motor Expenses

Motor Expenses / Year 2,007 - 2,008 - 2,009 - - - -

Motor Expenses - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Motor Expenses - Creditors - - - - - - - - - - - - - - - Creditors

Sundry Expenses 2,007 0 2,008 - 2,009 - Sundry Expenses Sundry Expenses

Sundry Expenses / Year 2,007 - 2,008 - 2,009 - - - -

Sundry Expenses - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Sundry Expenses - Creditors - - - - - - - - - - - - - - - Creditors

Other Services 2,007 0 2,008 - 2,009 - Other Services Other Services

Other Services / Year 2,007 - 2,008 - 2,009 - - - -

Other Services - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Other Services - Creditors - - - - - - - - - - - - - - - Creditors

Marketing Costs 2,007 0 2,008 - 2,009 - Marketing Costs Marketing Costs

Marketing Costs / Year 2,007 - 2,008 - 2,009 - - - -

Marketing Costs - Payments (Exc VAT) - - - - - - - - - - - - - - Payments