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Budget & Projection System

Version 1.32
Designed by The Accountants Circle for Trial Version Only
The Accountants Circle Copyright 2007-2010
Licensed to:

Trial Version Only

Details
Client:
Report Title:
Report Title Year:
Previous Year End:
Report Version
Report Date Format:
Prepared By:
Show Current Date:
Show Current Time:
Privacy Notice:
Copyright Notice:

Sample Client Ltd


Budget
Next Year
30 June 2008
1st Draft
Month
Trial Version Only
Yes
No
Private & Confidential
Copyright

Ratios
Gross Profit Ratio
Net Profit Ratio
Current Ratio
Acid Test Ratio
ROCE
Sales / Fixed Assets
Net Worth / Total Assets

Yes
Yes
Yes
Yes
Yes
Yes
Yes

al Version Only

License:

Unlicensed

Report Settings
Graphs
Ratio Analysis

Yes
Yes

Currency Symbol:

Business Type

Ltd Company

Fixed Assets

Forecast Capital Cash Purchases

Plant & Machinery


Office Equipment
Furniture & Fixtures
Motor Vehicles
Tools & Minor Equipment
Website & Internet

Capital Purchase VAT


Hire Purchase
Opening Balance

Forecast Capital Hire Purchases


Plant & Machinery
Office Equipment
Furniture & Fixtures
Motor Vehicles
Tools & Minor Equipment
Website & Internet
Spare
Spare
Spare
Spare
Spare
Spare
Spare

Opening Balance
Cost
Depreciation
0
1,500
1,000
3,000
1,500
1,000

Spare
Spare

VAT on Hire Purchases

Capital Purchased
VAT on Capital Purchased
Total Capital Cash Outlay

Straight Line Depn


% Rate per annum
33.33%
33.33%
25.00%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%
33.33%

Jul 08

Payments
Interest

Aug 08

Sep 08

Oct 08

Nov 08

0
0

0
0

0
0

0
0

0
0

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

0
0

0
0

0
0

0
0

0
0

0
0

###
0
0
0

Total Adj
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0
0
0

0
0
0
0

Debtors & Creditors


Debtors
Trade Debtors
Jul 08
Opening Balance

10,000.00

Receipts

7,000.00

Aug 08
3,000.00

Trade Debtors Receipts


Current Month
30 - 60 Days
60 - 90 Days
90 - 120 Days
Over 120 Days

0%
70%
30%

100%
Other Debtors
Opening Balance

Jul 08

Aug 08

Jul 08

Aug 08

Receipts

Creditors
Trade Creditors

Opening Balance

5,000.00

Payment terms for Direct Costs


Current Month
30 - 60 Days
60 - 90 Days
90 - 120 Days
Over 120 Days

0%
70%
30%

100%
Payment terms for Overheads
Month
Month+1
Month+2
Month+3

0%
70%
30%

Payments

3,500.00

1,500.00

Month+4
100%
Other Creditors
Opening Balance

Jul 08
1,000.00

Payments

Aug 08
1,000.00

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Total Receipts
10,000.00

Apr 09

May 09

Jun 09

Total Receipts
0.00

Apr 09

May 09

Jun 09 Total Payments


5,000.00

Apr 09

May 09

Jun 09 Total Payments


2,000.00

Other Balance Sheet Items


Assets
Stock on Hand
Opening Balance

3,000.00

Adjustments
Stock on Hand
Total Purchases

Cash/Bank
Cash at Bank
Cash on Hand

1,500.00
100.00

Liabilities
PAYE & NIC
Opening Balance

3,000.00

Payments

1,100.00

Payments/(Receipts)

VAT
Opening Balance
VAT Payments

Quarterly

Due End of

Corporation Tax
Rate
Opening Balance

Payments/(Receipts)

Directors Loan Account


Opening Balance

Payments/(Receipts)

Financing
Current base rate
Overdraft Interest

5.0%

Interest rate (above base)

2.0%

Interest Adjustments

Loan
Opening Balance

0.00

Interest rate (above base)

2.0%

Additional Loan Available


Repayments period (months)

10,000.00

Payments
Interest Adjustments
Drawndown

36

Factoring Company
Opening Balance

0.00

Drawdown Adjustments

Max facility available

0.0%

Opening Facility

Interest (above base)

2.0%

Drawdown Priority

Charges

5.0%

Charges on

Equity
Share Capital
Opening Balance

100.00

Share Issue

12,400.00

Dividends

Profit and Loss Account


Opening Balance

Retained Profit

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

3,000.00

3,000.00

3,000.00

3,000.00

3,000.00

3,000.00

3,000.00

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

Jul 08

Aug 08

3,000.00

1,100.00
Jul, Oct, Jan, Apr

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

0%
Clear Overdraft
Turnover

Jul 08

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

12,739

13,077

13,416

13,755

14,094

14,133

14,172

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Total Adj
3,000.00

3,000.00

3,000.00

3,000.00

3,000.00

3,000.00

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

Feb 09

Mar 09

Apr 09

May 09

Jun 09 Total Payments


6,000.00

2,200.00

0.00

0.00

Total Adjustments

0.00
Feb 09

Mar 09

Apr 09

May 09

Jun 09
0.00
0.00
0.00

0.00

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Total Adj

0.00

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

14,711

15,249

16,288

17,327

18,866

12,000.00

Software Unlicensed - Trial Version Only


Sample Client Ltd
Balance Sheet
Year Ending Jun 08
Fixed assets

8,000

Current assets
Stock on Hand
Trade Debtors
Other Debtors
Cash on Hand
Cash at Bank

3,000
10,000
0
100
1,500
14,600

Creditors due within one year


Bank Overdraft
Trade Creditors
Other Creditors
Factoring Company
VAT
PAYE & NIC
Directors Loan Account
Corporation Tax

0
5,000
1,000
0
1,100
3,000
0
0
10,100

Net current assets


Total assets less current liabilities

4,500
12,500

Creditors due after more than one year


Hire Purchase
Loan

0
0
12,500

Capital and reserves

Income

SALES SPLIT/ANALYSIS
Jul 08
Income
Type
Sales Type 1
Sales Type 2
Sales Type 3

Annual
Amount
70,000.00
0.00
0.00

Total

Multiplying
Factor
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00

VAT
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%

5,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5,833.33

Income by Period (Adjustments)


Jul 08
Sales Type 1
Sales Type 2
Sales Type 3
Spare
Spare
Spare
Spare
Spare
Spare
Spare
Spare
Spare
Spare
Total Adjustment

0.00

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

5,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

5,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

5,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

5,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

6,333.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

6,333.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

5,833.33

5,833.33

5,833.33

5,833.33

6,333.33

6,333.33

Aug 08

0.00

Sep 08

0.00

Oct 08

0.00

Nov 08

0.00

Dec 08

Jan 09

500.00

500.00

500.00

500.00

Feb 09

Mar 09

Apr 09

May 09

Jun 09

6,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

6,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

7,333.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

7,333.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

7,833.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

6,833.33

6,833.33

7,333.33

7,333.33

7,833.33

Feb 09

Mar 09

Apr 09

May 09

Jun 09

1,000.00

1,000.00

1,500.00

1,500.00

2,000.00

1,000.00

1,000.00

1,500.00

1,500.00

2,000.00

Total

77,999.96
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
77,999.96

Total
8,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
8,000.00

Direct Costs

Material Purchased

Annual
Amount
20,000

Multiplying
Factor
1.0
1.0
1.0
1.0
1.0

VAT
17.5%
17.5%
17.5%
17.5%
17.5%

Adjustment to Stock on Hand


Total Purchases
Subcontractor Costs

12,000

Direct Staff Costs

Total Other Direct Costs

Net Pay (% of Gross including NIC)


Direct Staff

100.0%

Direct Costs by Period (Adjustments)

Material Purchased
Spare
Spare
Spare
Spare
Subcontractor Costs
Spare

1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0

17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%

Spare
Spare
Spare
Spare
Spare
Spare
Spare
Spare
Direct Staff Costs
Total Adjustment

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00

0.00

0.00

0.00

0.00

800.00

800.00

1,000.00

1,000.00

1,000.00

1,000.00

1,000.00

1,800.00

1,800.00

5,333.34

5,333.34

5,333.34

5,333.34

5,333.34

6,933.34

6,933.34

0.00

0.00

0.00

0.00

0.00

800.00

800.00

800.00

800.00

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Total

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

1,666.67
0.00
0.00
0.00
0.00
0.00

20,000.04
0.00
0.00
0.00
0.00

1,666.67

1,666.67

1,666.67

1,666.67

1,666.67

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

12,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

800.00

800.00

800.00

800.00

800.00

5,600.00

1,800.00

1,800.00

1,800.00

1,800.00

1,800.00

6,933.34

6,933.34

6,933.34

6,933.34

6,933.34

37,600.04

Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
800.00

800.00

800.00

800.00

800.00

5,600.00

800.00

800.00

800.00

800.00

800.00

5,600.00

Overhead Expenses

Advertising & Marketing


Rent
Rates & Water
Insurance
Gas & Electricity
Cleaning, Security & Waste
Telephone
Printing, Postage & Stationery

Travel & Subsistence


Motor Expenses
Vehicle Hire
Repairs & Renewals
Equipment Hire
Sundry Expenses
Accountancy
Legal & Professional Fees
Subscription
Bank Charges
Exchange Rate Variance
Bank Interest
Loan Interest & Charges
Hire Purchase Interest
Bad Debts

Directors Remuneration
Administrative Staff Costs

Annual
Amount
600.00
6,000.00
1,000.00
1,000.00
500.00
500.00
2,000.00
300.00
0.00
0.00
250.00
3,000.00
0.00
500.00
0.00
500.00
2,500.00
500.00
0.00
200.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

Multiplying
Factor
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00

1.00
1.00

VAT
17.5%
0.0%
5.0%
0.0%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
0.0%
17.5%
0.0%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%
17.5%

Net Pay (% of Gross including NIC)


Directors Remuneration
Administrative Staff Costs

100.0%
65.0%

Overhead Expenses by Period (Adjustments)

Advertising & Marketing


Rent
Rates & Water
Insurance
Gas & Electricity
Cleaning, Security & Waste
Telephone
Printing, Postage & Stationery
Spare
Spare
Travel & Subsistence
Motor Expenses
Vehicle Hire
Repairs & Renewals
Equipment Hire
Sundry Expenses
Accountancy
Legal & Professional Fees
Subscription
Bank Charges
Exchange Rate Variance
Bank Interest
Loan Interest & Charges
Hire Purchase Interest
Bad Debts
Spare
Spare
Spare
Spare
Spare
Spare
Spare

Spare
Spare
Directors Remuneration
Administrative Staff Costs

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,612.51

1,612.51

1,612.51

1,612.51

1,612.51

1,612.51

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

1,612.51

Jul 08

1,612.51

Aug 08

1,612.51

Sep 08

1,612.51

Oct 08

1,612.51

Nov 08

1,612.51

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

50.00
500.00
83.33
83.33
41.67
41.67
166.67
25.00
0.00
0.00
20.83
250.00
0.00
41.67
0.00
41.67
208.33
41.67
0.00
16.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,612.51

1,612.51

1,612.51

1,612.51

1,612.51

1,612.51

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00
0.00

Total

600.00
6,000.00
999.96
999.96
500.04
500.04
2,000.04
300.00
0.00
0.00
249.96
3,000.00
0.00
500.04
0.00
500.04
2,499.96
500.04
0.00
200.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00

1,612.51

Jan 09

1,612.51

Feb 09

1,612.51

Mar 09

1,612.51

Apr 09

1,612.51

May 09

1,612.51

Jun 09

Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

Software Unlicensed - Trial Version Only


Sample Client Ltd
Forecast Trial Balance - Software Unlicensed - Trial Version Only
Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending
Jul 08
Aug 08
Sep 08
Oct 08
Nov 08
Dec 08
Jan 09
Feb 09
Mar 09
Apr 09
May 09
Fixed assets
Plant & Machinery
Plant & Machinery - Depreciation
Office Equipment
Office Equipment - Depreciation
Furniture & Fixtures
Furniture & Fixtures - Depreciation
Motor Vehicles
Motor Vehicles - Depreciation
Tools & Minor Equipment
Tools & Minor Equipment - Depreciation
Website & Internet
Website & Internet - Depreciation

Month Ending
Jun 09

0
0
1,500
(42)
1,000
(21)
3,000
(83)
1,500
(42)
1,000
(28)

0
0
1,500
(83)
1,000
(42)
3,000
(167)
1,500
(83)
1,000
(56)

0
0
1,500
(125)
1,000
(62)
3,000
(250)
1,500
(125)
1,000
(83)

0
0
1,500
(167)
1,000
(83)
3,000
(333)
1,500
(167)
1,000
(111)

0
0
1,500
(208)
1,000
(104)
3,000
(417)
1,500
(208)
1,000
(139)

0
0
1,500
(250)
1,000
(125)
3,000
(500)
1,500
(250)
1,000
(167)

0
0
1,500
(292)
1,000
(146)
3,000
(583)
1,500
(292)
1,000
(194)

0
0
1,500
(333)
1,000
(167)
3,000
(667)
1,500
(333)
1,000
(222)

0
0
1,500
(375)
1,000
(187)
3,000
(750)
1,500
(375)
1,000
(250)

0
0
1,500
(417)
1,000
(208)
3,000
(833)
1,500
(417)
1,000
(278)

0
0
1,500
(458)
1,000
(229)
3,000
(917)
1,500
(458)
1,000
(306)

0
0
1,500
(500)
1,000
(250)
3,000
(1,000)
1,500
(500)
1,000
(333)

3,000
9,854
0
100
0

3,000
8,910
0
100
764

3,000
8,910
0
100
1,712

3,000
8,910
0
100
1,477

3,000
8,910
0
100
2,426

3,000
9,498
0
100
2,575

3,000
9,674
0
100
1,863

3,000
10,262
0
100
2,600

3,000
10,438
0
100
3,747

3,000
11,025
0
100
3,450

3,000
11,202
0
100
5,185

3,000
11,789
0
100
7,096

(100)
(6,405)
(1,000)
0
(395)
0
0
0
0
0

0
(6,377)
0
0
(789)
0
0
0
0
0

0
(6,377)
0
0
(1,184)
0
0
0
0
0

0
(6,377)
0
0
(395)
0
0
0
0
0

0
(6,377)
0
0
(789)
0
0
0
0
0

0
(6,377)
0
0
(1,272)
0
0
0
0
0

0
(6,377)
0
0
(482)
0
0
0
0
0

0
(6,377)
0
0
(1,052)
0
0
0
0
0

0
(6,377)
0
0
(1,622)
0
0
0
0
0

0
(6,377)
0
0
(657)
0
0
0
0
0

0
(6,377)
0
0
(1,314)
0
0
0
0
0

0
(6,217)
0
0
(2,219)
0
0
0
0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

(100)
1,000
0
(12,400)

(100)
2,000
0
(12,400)

(100)
3,000
0
(12,400)

(100)
4,000
0
(12,400)

(100)
5,000
0
(12,400)

(100)
6,000
0
(12,400)

(100)
7,000
0
(12,400)

(100)
8,000
0
(12,400)

(100)
9,000
0
(12,400)

(100)
10,000
0
(12,400)

(100)
11,000
0
(12,400)

(100)
12,000
0
(12,400)

(5,833)
0
0

(11,667)
0
0

(17,500)
0
0

(23,333)
0
0

(29,167)
0
0

(35,500)
0
0

(41,833)
0
0

(48,667)
0
0

(55,500)
0
0

(62,833)
0
0

(70,167)
0
0

(78,000)
0
0

Direct Costs
Opening Stock
Material Purchased
Closing Stock

3,000
1,667
(3,000)

3,000
3,333
(3,000)

3,000
5,000
(3,000)

3,000
6,667
(3,000)

3,000
8,333
(3,000)

3,000
10,000
(3,000)

3,000
11,667
(3,000)

3,000
13,333
(3,000)

3,000
15,000
(3,000)

3,000
16,667
(3,000)

3,000
18,333
(3,000)

3,000
20,000
(3,000)

Subcontractor Costs
Direct Staff Costs

1,000
0

2,000
0

3,000
0

4,000
0

5,000
0

6,000
800

7,000
1,600

8,000
2,400

9,000
3,200

10,000
4,000

11,000
4,800

12,000
5,600

Current assets
Stock on Hand
Trade Debtors
Other Debtors
Cash on Hand
Cash at Bank
Creditors due within one year
Bank Overdraft
Trade Creditors
Other Creditors
Factoring Company
VAT
PAYE & NIC
Corporation Tax
Directors Loan
Hire Purchase
Loan
Long-Term Creditors
Hire Purchase
Loan
Capital and Reserves
Share Capital
Dividends
Capital Introduced
Profit and Loss Account
Income
Sales Type 1
Sales Type 2
Sales Type 3
Total Income

Overhead Expenses
Advertising & Marketing
Rent
Rates & Water
Insurance
Gas & Electricity
Cleaning, Security & Waste
Telephone
Printing, Postage & Stationery
Directors Remuneration
Administrative Staff Costs
Travel & Subsistence
Motor Expenses
Vehicle Hire
Repairs & Renewals
Equipment Hire
Sundry Expenses
Accountancy
Legal & Professional Fees
Subscription
Bank Charges
Exchange Rate Variance
Bank Interest
Loan Interest & Charges
Hire Purchase Interest
Bad Debts
Deprecation Expense
Overdraft Interest
Loan Interest
Hire Purchase Interest
Factoring Charges

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

100
1,000
167
167
83
83
333
50
0
0
42
500
0
83
0
83
417
83
0
33
0
0
0
0
0
431
1
0
0
0

150
1,500
250
250
125
125
500
75
0
0
62
750
0
125
0
125
625
125
0
50
0
0
0
0
0
646
1
0
0
0

200
2,000
333
333
167
167
667
100
0
0
83
1,000
0
167
0
167
833
167
0
67
0
0
0
0
0
861
1
0
0
0

250
2,500
417
417
208
208
833
125
0
0
104
1,250
0
208
0
208
1,042
208
0
83
0
0
0
0
0
1,076
1
0
0
0

300
3,000
500
500
250
250
1,000
150
0
0
125
1,500
0
250
0
250
1,250
250
0
100
0
0
0
0
0
1,292
1
0
0
0

350
3,500
583
583
292
292
1,167
175
0
0
146
1,750
0
292
0
292
1,458
292
0
117
0
0
0
0
0
1,507
1
0
0
0

400
4,000
667
667
333
333
1,333
200
0
0
167
2,000
0
333
0
333
1,667
333
0
133
0
0
0
0
0
1,722
1
0
0
0

450
4,500
750
750
375
375
1,500
225
0
0
187
2,250
0
375
0
375
1,875
375
0
150
0
0
0
0
0
1,937
1
0
0
0

500
5,000
833
833
417
417
1,667
250
0
0
208
2,500
0
417
0
417
2,083
417
0
167
0
0
0
0
0
2,153
1
0
0
0

550
5,500
917
917
458
458
1,833
275
0
0
229
2,750
0
458
0
458
2,292
458
0
183
0
0
0
0
0
2,368
1
0
0
0

600
6,000
1,000
1,000
500
500
2,000
300
0
0
250
3,000
0
500
0
500
2,500
500
0
200
0
0
0
0
0
2,583
1
0
0
0

(0)

(0)

(0)

The Accountants Cir cle LLC Copyr ight 20 0 7

1st Draft

Sample Client Ltd


Budget
June 2009
Software Unlicensed - Trial Version Only
Profit & Loss
Cash Flow Forecast
Balance Sheet
Graphs
Ratio Analysis
Assumptions

Private & Confidential

Prepared By: Trial Version Only


Report Produced: 18 April 2012

Copyright

Software Unlicensed - Trial Version Only

Month
Month
Ending Aug
Ending Jul 08
08

Month
Ending Sep
08

Main Menu

Month
Ending Oct
08

Sample Client Ltd


Forecast Profit & Loss - Software Unlicensed - Trial Version Only
Month
Month
Month
Month
Month
Month
Ending Nov Ending Dec Ending Jan Ending Feb Ending Mar Ending Apr
08
08
09
09
09
09

Month
Ending May
09

Month
Ending Jun
09

Total Adj

Income
Sales Type 1
Sales Type 2
Sales Type 3

5,833
0
0

5,833
0
0

5,833
0
0

5,833
0
0

5,833
0
0

6,333
0
0

6,333
0
0

6,833
0
0

6,833
0
0

7,333
0
0

7,333
0
0

7,833
0
0

78,000
0
0

Total Income

5,833

5,833

5,833

5,833

5,833

6,333

6,333

6,833

6,833

7,333

7,333

7,833

78,000

Direct Costs
Opening Stock
Material Purchased
Closing Stock

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
1,667
(3,000)

3,000
20,000
(3,000)

Subcontractor Costs
Direct Staff Costs

1,000
0

1,000
0

1,000
0

1,000
0

1,000
0

1,000
800

1,000
800

1,000
800

1,000
800

1,000
800

1,000
800

1,000
800

12,000
5,600

Total Direct Costs

2,667

2,667

2,667

2,667

2,667

3,467

3,467

3,467

3,467

3,467

3,467

3,467

37,600

Gross Profit

3,167

3,167

3,167

3,167

3,167

2,867

2,867

3,367

3,367

3,867

3,867

4,367###

40,400

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
1
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0
0
21
250
0
42
0
42
208
42
0
17
0
0
0
0
0
215
0
0
0
0

50
500
83
83
42
42
167
25
0###
0###
21###
250###
0###
42###
0###
42###
208###
42###
0###
17###
0###
0###
0###
0###
0###
215
0
0
0
0###

600
6,000
1,000
1,000
500
500
2,000
300
0
0
250
3,000
0
500
0
500
2,500
500
0
200
0
0
0
0
0
2,583
1
0
0
0

Total Overhead Expenses

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

21,934

Net Profit Before Tax

1,339

1,338

1,339

1,339

1,339

1,039

1,039

1,539

1,539

2,039

2,039

2,539

18,466

Retained Profit
Dividends

1,339
(1,000)

1,338
(1,000)

1,339
(1,000)

1,339
(1,000)

1,339
(1,000)

1,039
(1,000)

1,039
(1,000)

1,539
(1,000)

1,539
(1,000)

2,039
(1,000)

2,039
(1,000)

2,539
(1,000)

18,466
(12,000)

Retained Profit b/f

12,400

12,739

13,077

13,416

13,755

14,094

14,133

14,172

14,711

15,249

16,288

17,327

12,400

Retained Profit c/f

12,739

13,077

13,416

13,755

14,094

14,133

14,172

14,711

15,249

16,288

17,327

18,866

18,866

Overhead Expenses
Advertising & Marketing
Rent
Rates & Water
Insurance
Gas & Electricity
Cleaning, Security & Waste
Telephone
Printing, Postage & Stationery
Directors Remuneration
Administrative Staff Costs
Travel & Subsistence
Motor Expenses
Vehicle Hire
Repairs & Renewals
Equipment Hire
Sundry Expenses
Accountancy
Legal & Professional Fees
Subscription
Bank Charges
Exchange Rate Variance
Bank Interest
Loan Interest & Charges
Hire Purchase Interest
Bad Debts
Deprecation Expense
Overdraft Interest
Loan Interest
Hire Purchase Interest
Factoring Charges

Corporation Tax

Software Unlicensed - Trial Version Only

Main Menu

Sample Client Ltd


Forecast Cash Flow - Software Unlicensed - Trial Version Only
Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending
Jul 08
Aug 08
Sep 08
Oct 08
Nov 08
Dec 08
Jan 09
Feb 09
Mar 09
Apr 09
May 09
Jun 09

Total Adj

Receipts
Sales

7,000

7,798

6,854

6,854

6,854

6,854

7,265

7,442

7,853

8,029

8,440

8,617

89,861

7,000

7,798

6,854

6,854

6,854

6,854

7,265

7,442

7,853

8,029

8,440

8,617

89,861

3,000
1,100
0
0
0
3,500
0
0
0
0
0
1,000

0
0
1,000
0
1
2,871
0
823
0
1,240
0
1,000

0
0
0
0
0
1,958
0
1,175
0
1,772
0
1,000

0
1,184
0
0
0
1,958
0
1,175
0
1,772
0
1,000

0
0
0
0
0
1,958
0
1,175
0
1,772
0
1,000

0
0
0
0
0
1,958
800
1,175
0
1,772
0
1,000

0
1,272
0
0
0
1,958
800
1,175
0
1,772
0
1,000

0
0
0
0
0
1,958
800
1,175
0
1,772
0
1,000

0
0
0
0
0
1,958
800
1,175
0
1,772
0
1,000

0
1,622
0
0
0
1,958
800
1,175
0
1,772
0
1,000

0
0
0
0
0
1,958
800
1,175
0
1,772
0
1,000

0
0
0
0
0
1,958
800
1,175
0
1,772
0
1,000

3,000
5,177
1,000
0
1
25,954
5,600
12,573
0
18,960
0
12,000

8,600

6,934

5,905

7,089

5,905

6,705

7,977

6,705

6,705

8,327

6,705

6,705

84,265

(1,600)
1,500

864
(100)

949
764

(235)
1,712

949
1,477

149
2,426

(711)
2,575

736
1,863

1,148
2,600

(298)
3,747

1,735
3,450

1,911
5,185

5,596
1,500

(100)

764

1,712

1,477

2,426

2,575

1,863

2,600

3,747

3,450

5,185

7,096

7,096

Payments
PAYE & NIC
VAT
Other Creditors
Corporation Tax
Overdraft interest
Direct Purchases
Direct Staff Costs
Other Direct Costs
Directors Remuneration
Other Overheads
Directors Loan
Dividends

Movement
Balance brought forward
Balance carried forward

Software Unlicensed - Trial Version Only

Main Menu

Sample Client Ltd


Forecast Balance Sheet - Software Unlicensed - Trial Version Only
Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending Month Ending
Jul 08
Aug 08
Sep 08
Oct 08
Nov 08
Dec 08
Jan 09
Feb 09
Mar 09
Apr 09
May 09
Fixed assets
Plant & Machinery
Office Equipment
Furniture & Fixtures
Motor Vehicles
Tools & Minor Equipment
Website & Internet

Month Ending
Jun 09

0
1,458
979
2,917
1,458
972

0
1,417
958
2,833
1,417
944

0
1,375
938
2,750
1,375
917

0
1,333
917
2,667
1,333
889

0
1,292
896
2,583
1,292
861

0
1,250
875
2,500
1,250
833

0
1,208
854
2,417
1,208
806

0
1,167
833
2,333
1,167
778

0
1,125
813
2,250
1,125
750

0
1,083
792
2,167
1,083
722

0
1,042
771
2,083
1,042
694

0
1,000
750
2,000
1,000
667

7,785

7,569

7,354

7,139

6,924

6,708

6,493

6,278

6,063

5,847

5,632

5,417

3,000
9,854
0
100
0

3,000
8,910
0
100
764

3,000
8,910
0
100
1,712

3,000
8,910
0
100
1,477

3,000
8,910
0
100
2,426

3,000
9,498
0
100
2,575

3,000
9,674
0
100
1,863

3,000
10,262
0
100
2,600

3,000
10,438
0
100
3,747

3,000
11,025
0
100
3,450

3,000
11,202
0
100
5,185

3,000
11,789
0
100
7,096

12,954

12,774

13,723

13,488

14,436

15,173

14,638

15,961

17,285

17,575

19,486

21,985

100
6,405
1,000
0
395
0
0
0
0
0

0
6,377
0
0
789
0
0
0
0
0

0
6,377
0
0
1,184
0
0
0
0
0

0
6,377
0
0
395
0
0
0
0
0

0
6,377
0
0
789
0
0
0
0
0

0
6,377
0
0
1,272
0
0
0
0
0

0
6,377
0
0
482
0
0
0
0
0

0
6,377
0
0
1,052
0
0
0
0
0

0
6,377
0
0
1,622
0
0
0
0
0

0
6,377
0
0
657
0
0
0
0
0

0
6,377
0
0
1,314
0
0
0
0
0

0
6,217
0
0
2,219
0
0
0
0
0

7,900

7,166

7,561

6,772

7,166

7,648

6,859

7,429

7,998

7,034

7,691

8,436

5,054

5,608

6,162

6,716

7,270

7,524

7,778

8,533

9,287

10,541

11,795

13,549

12,839

13,177

13,516

13,855

14,194

14,233

14,272

14,811

15,349

16,388

17,427

18,966

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

12,839

13,177

13,516

13,855

14,194

14,233

14,272

14,811

15,349

16,388

17,427

18,966

Current assets
Stock on Hand
Trade Debtors
Other Debtors
Cash on Hand
Cash at Bank

Creditors due within one year


Bank Overdraft
Trade Creditors
Other Creditors
Factoring Company
VAT
PAYE & NIC
Corporation Tax
Directors Loan
Hire Purchase
Loan

Net current assets


Total assets less current liabilities
Creditors due after more than one year
Hire Purchase
Loan

Capital and Reserves

Main Menu

Sample Client Ltd


Graphs - Software Unlicensed - Trial Version Only
Jul 08

Aug 08

5,833

Income

Jul 08

Sep 08

5,833
Aug 08

Oct 08

5,833
Sep 08

5,833
Oct 08

Nov 08

Dec 08

5,833
Nov 08

Jan 09

6,333
Dec 08

Feb 09

6,333
Jan 09

Mar 09

6,833

Apr 09

6,833

Feb 09

Mar 09

May 09

7,333
Apr 09

Jun 09

7,333
May 09

7,833
Jun 09

Direct Cost

2,667

2,667

2,667

2,667

2,667

3,467

3,467

3,467

3,467

3,467

3,467

3,467

Overheads

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

Total Expenses

4,494

4,495

4,494

4,494

4,494

5,294

5,294

5,294

5,294

5,294

5,294

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

5,294
Jun 09

Gross Profit

3,167

3,167

3,167

3,167

3,167

2,867

2,867

3,367

3,367

3,867

3,867

4,367

Net Profit

1,339

1,338

1,339

1,339

1,339

1,039

1,039

1,539

1,539

2,039

2,039

2,539

Income & Expenditure from July 2008 To June 2009


9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Income
Jan 09 Direct Cost
Feb 09 Overheads
Mar 09

Apr 09

May 09

Jun 09

Net Income from July 2008 To June 2009


9,000
8,000

7,833
7,333

7,000
6,000
5,000
4,000
3,000
2,000
1,000

6,833
6,333
5,833

5,833

5,833

5,833

5,833

6,333

6,833

7,333

5,000
4,000
3,000
2,000
1,000
0

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Income
Dec 08 Total Expenses
Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Total Expenditure from July 2008 To June 2009


4,000
3,467

3,500

3,467

3,467

3,467

3,467

3,467

3,467

3,000
2,667

2,667

2,667

2,667

2,667

2,500
2,000

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

1,828

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

1,500
1,000
500
0
Jul 08

Aug 08

Direct
Sep 08Cost

Overheads
Oct 08

Net Profit / (Loss) from July 2008 To June 2009


5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0
Jul 08

Aug 08

Profit Oct 08
Net Profit Nov 08
Sep Gross
08

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Main Menu

Sample Client Ltd


Ratio Analysis - Software Unlicensed - Trial Version Only
Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Gross Profit
Ratio

54.3%

54.3%

54.3%

54.3%

54.3%

45.3%

45.3%

49.3%

49.3%

52.7%

52.7%

55.7%

Net Profit
Ratio

23.0%

22.9%

23.0%

23.0%

23.0%

16.4%

16.4%

22.5%

22.5%

27.8%

27.8%

32.4%

Current
Ratio

164.0%

178.3%

181.5%

199.2%

201.4%

198.4%

213.4%

214.9%

216.1%

249.9%

253.4%

260.6%

Acid Test
Ratio

126.0%

136.4%

141.8%

154.9%

159.6%

159.2%

169.7%

174.5%

178.6%

207.2%

214.4%

225.1%

ROCE

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Sales /
Fixed Assets

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

0.0%

Net Worth /
Total Assets

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Err:502

Profit Ratios - July 2008 To June 2009


60%

50%

Ratio %

40%

30%

20%

10%

Gross Profit Ratio

0%

Jul 08

Aug 08

Sep 08

Oct 08

Nov 08

Net Profit Ratio

Dec 08

Jan 09

Feb 09

Liquidity Ratios - July 2008 To June 2009

Mar 09

Apr 09

May 09

Jun 09

300%

250%

Ratio %

200%

150%

100%

50%

0%
Jul 08

Current Ratio
Aug 08

Sep 08

Acid Test Ratio


O ct 08

Nov 08

Dec 08

Jan 09

Feb 09

Mar 09

Apr 09

May 09

Jun 09

Mar 09

Apr 09

May 09

Jun 09

Capital Ratios - July 2008 To June 2009


100%
90%
80%
70%

Ratio %

60%
50%
40%
30%
20%
ROCE

10%
0%
Jul 08

Aug 08

Sep 08

Oct 08

Sales / Fixed Assets

Nov 08

Dec 08

Net Worth / Total Assets

Jan 09

Feb 09

Main Menu

Assumptions

Software Unlicensed - Trial Version Only


General
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)

The current economic situation in the country will remain as at present.


Interest rates will not fluctuate significantly from their current levels during the period
covered by the forecasts.
No significant industrial disputes will arise which may affect the company's purchases
or sales.
The rates of VAT, Corporation Tax, and National Insurance will remain as at present.
There will be no capital expenditure other than that forecast.
Capital Purchases are paid in full in the month purchased.
No interest will be received in respect of reinvested surplus cash.
Inflation will have a negligible impact on the forecasts and has therefore been ignored.
There are no significant fixed asset disposals.
VAT is paid quarterly and any refunds are received the month following the return.
Depreciation is calculated monthly using the straight-line method
Any CIS withheld or recoverable has nil overall effect.
Factoring account drawdown is paid when bank is in surplus.
(i.e. No unnecessary drawdown if bank is in surplus)

Specific
1)

Receipts for Sales received:

Current Month
30 - 60 Days
60 - 90 Days
90 - 120 Days
Over 120 Days

0%
70%
30%
0%
0%

2)

Payments for Direct Costs made:

Current Month
30 - 60 Days
60 - 90 Days
90 - 120 Days
Over 120 Days

0%
70%
30%
0%
0%

3)

Payments for Overhead Expenses made:

Current Month
30 - 60 Days
60 - 90 Days
90 - 120 Days
Over 120 Days

0%
70%
30%
0%
0%

4)

Current Base Rate:

5%

5)

Current Loan Rate:

7%

6)

Current Factoring Rate:


Current Factoring Charges (on Turnover):

7%
5%

7)

Anticipated Gross Profit Margin:

52%