Hans Woodrow Ltd

Cash Budget (January to June, 2011)

Jan Feb March April May June Total

RECEIPTS £'000 £'000 £'000 £'000 £'000 £'000 £'000

Sales (cash - 60%) 72.00 108.00 144.00 132.00 96.00 72.00 624.0
Sales (credit card - 40%) - 48.00 72.00 96.00 88.00 64.00 368.0
Sale of old machinery - - - 10.00 - - 10.0
Total receipts (TR) 72.00 156.00 216.00 238.00 184.00 136.00 1,002.0

PAYMENTS
Raw materials 60.00 90.00 - - 120.00 121.00 391.00
Credit card commission - 0.96 1.44 1.92 1.76 1.28 7.36
Admin overheads 13.00 22.00 31.00 28.00 19.00 13.00 126.00
Factory overheads - 6.00 9.00 12.00 12.00 9.00 48.00
Selling and distribution overheads - 12.00 18.00 24.00 22.00 16.00 92.00
Loan repayment 20.00 20.00 20.00 20.00 20.00 20.00 120.00
Interest on loan 3.00 3.00 3.00 3.00 3.00 3.00 18.00
New machinery - - 15.00 - 20.00 - 35.00
Taxation - - - - - - -
Total expenditure (TE) 96.00 153.96 97.44 88.92 217.76 183.28 837.36
Net cash flow (TR -TE) (24.00) 2.04 118.56 149.08 (33.76) (47.28) 164.64
Opening bank balance (45.50) (69.50) (67.46) 51.10 200.18 166.42
Closing bank balance (69.50) (67.46) 51.10 200.18 166.42 119.14