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INSTRUCTIONS/PARAMETERS FOR ABS FINANCIAL TEMPLATE

Business Name:

START MONTH

January = 1 April = 4 July = 7 October = 10

February = 2 May = 5 August = 8 November = 11

March = 3 June = 6 September = 9 December = 12


4

GST REGISTRATION
Registered for GST = 10 0 Box 'B'
Not Registered for GST = 0

1. Decide upon the month in which you expect to start your business and place the appropria
(IT MUST be between 1 to 12)

2. Decide whether you will be registering for GST or not and place the appropriate number in
(IT MUST be 10 or 0. You may change this at any time, in order to see the likely result).

3. Complete all tabs that are yellow

4. Complete your 'SalemixYr1' (Only attempt to fill in spaces that are shaded).

5. Complete the 'CashFlowYr1'. (Again, only attempt to fill spaces that are shaded)
(Apart from 'overheads', data will have flowed through from the sale Mix.

6. The 'P&L Yr1 and Yr2' - Profit and Loss will complete itself

7. Repeat steps 4 and 5 for year 2. (Again, only attempt to fill spaces that

8. Complete the 'EstCost' Sheet, 'PersonalBudget' Sheet, 'Balance Sheet' Sheet

9. Open the 'Break Even' tab. Much of the information needed will already have been transfe
(Merely type in the number of days, hours, etc. that you intend to work - boxes shaded).
10. 'Summary' and 'Graphs' will complete themselves

NB: Depending upon the size of your screen, some tabs may be hidden. Just scroll across to r
Your Name: Jesse Fielder-Coleman

Box 'A'

place the appropriate number in box 'A'.

propriate number in box 'B'


he likely result).

pt to fill spaces that are shaded)

y have been transferred from other sheets.


k - boxes shaded).
ust scroll across to reveal these. Version 3.0 MJA 9-3-18
Income Statement
Complete by the 10th of the month after the completion of the financial quarter
Failure to submit this form by the due date may result in suspension of your NEIS allowance (if a

The information on the income statement will help you monitor your progress against your finan

Financial quarters are:


Jan to March Due Before 10th April
April to June Due Before 10th July
July to September Due Before 10th October
October to December Due Before 10th January

The information below will assist you in completing the budget figures on your income statemen

Submit your form to luke@absinstitue.com.au / text to 0430 288 729 / Post to PO BOX 4051 Vict

1. Job Seeker ID Number You can get this off you

9. Cashflow Summary Budgetted Figures in Blue below to be used


1st Quarter 2nd Quarter
A. Income $14,000.00 $44,000.00
Record your Actual Income Each quarter here
Difference $14,000.00 $44,000.00

B. Expenses $4,180.00 $11,112.00


Record your Actual Expenses Each quarter here
Difference $4,180.00 $11,112.00

C. Balance $9,820.00 $32,888.00


Actual Balance $0.00 $0.00
D. Debtors ($ Owed to you) $ - $
E. Creditors ($ You owe - Bills) $ - $
If you start in the first 2 months of the quarter you will need to complete an income statement. E
If you start in the 3rd month of any quarter you wont have to do an income statement for that q
This is what the form looks like
NEIS allowance (if applicable)

s against your financial projections

ur income statement

o PO BOX 4051 Victoria Park WA 6979

can get this off your trainer

ow to be used for your Income Statement


2nd Quarter 3rd Quarter 4th Quarter
$44,000.00 $9,500.00 $1,500.00
ABS:
Your Income Statement
is due each quarter.
$44,000.00 $9,500.00 $1,500.00
When you do the
statements - record the
$11,112.00 $31,888.00 $8,467.68 information here also,
for your own
information as a
Business Owner.
$11,112.00 $31,888.00 $8,467.68

$32,888.00 -$22,388.00 -$6,967.68


$0.00 $0.00 $0.00
- $ - $ -
- $ - $ -
ncome statement. Eg Feb Start means Income Statement for Jan to March Quarter (Feb and March)
atement for that quarter
ncome Statement
each quarter.

you do the
ents - record the
ation here also,
r own
ation as a
ss Owner.

r (Feb and March)


Appendix 8.1

ESTABLISHMENT COSTS - PLANT AND EQUIPMENT

DESCRIPTION OWNED To Be Purchased


(Value) (Cost)

Fixed Assets - Assets you already own for the business / Assets for future purchase

Computer $ 1,500.00
Standing Workbench
Anti-static kit:
Wrist strap $ 10.00
Mat $ 20.00
Screwdriver set $ 40.00

Total $ 1,500.00 $ 70.00

Stock/Expense Items
DESCRIPTION OWNED To Be Purchased
(Value) (Cost)
Appendix 8.1

Total $ - $ -

TOTAL $ 1,500.00 $ 70.00


Appendix 8.1

LANT AND EQUIPMENT Appendix 6.1

Total Value

$ 1,500.00
$ -
$ -
$ 10.00
$ 20.00
$ 40.00
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ -
$ 1,570.00

Total Value

$ -
$ -
$ -
$ -
$ -
$ -
Appendix 8.1

$ -
$ -

$ 1,570.00
SALES MIX YEAR 1
1st Year Sales MONTH April May June July August September October November December January February
Cost/Sale
ITEM OR SERVICE Price
Computer Price 1
No sold per month 0 0 1 0 1 1 2 0 2 0 1
Sale Price 1,500.00 $ - $ - $ 1,500.00 $ - $ 1,500.00 $ 1,500.00 $ 3,000.00 $ - $ 3,000.00 $ - $ 1,500.00
Cost of Materials 750.00 $ - $ - $ 750.00 $ - $ 750.00 $ 750.00 $ 1,500.00 $ - $ 1,500.00 $ - $ 750.00
ITEM OR SERVICE
Computer Price 2
No sold per month 0 0 0 1 1 1 2 1 2 0 0
Sale Price 2,000.00 $ - $ - $ - $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 4,000.00 $ 2,000.00 $ 4,000.00 $ - $ -
Cost of Materials 1,000.00 $ - $ - $ - $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 2,000.00 $ 1,000.00 $ 2,000.00 $ - $ -
ITEM OR SERVICE
Computer Price 3
No sold per month 0 0 0 0 1 1 1 1 1 0 0
Sale Price 2,500.00 $ - $ - $ - $ - $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00 $ - $ -
Cost of Materials 1,250.00 $ - $ - $ - $ - $ 1,250.00 $ 1,250.00 $ 1,250.00 $ 1,250.00 $ 1,250.00 $ - $ -
ITEM OR SERVICE
Computer Price 4
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 3,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 3,000.00 $ - $ -
Cost of Materials 1,500.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 1,500.00 $ - $ -
ITEM OR SERVICE
Computer Price 5
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 3,500.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 3,500.00 $ - $ -
Cost of Materials 1,750.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 1,750.00 $ - $ -
ITEM OR SERVICE
Computer Price 6
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 4,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 4,000.00 $ - $ -
Cost of Materials 2,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 2,000.00 $ - $ -
SALES MIX YEAR 1
ITEM OR SERVICE
Monster rig
No sold per month 0 0 0 0 0 0 0 0 1 0 0
Sale Price 10,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 10,000.00 $ - $ -
Cost of Materials 8,500.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 8,500.00 $ - $ -
ITEM OR SERVICE

No sold per month


Sale Price $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE

No sold per month


Sale Price $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE

No sold per month


Sale Price $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE

No sold per month


Sale Price $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE

No sold per month


Sale Price $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

TOTAL $$$ SALES (A) $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
COST OF MATERIALS $ - $ - $ 750.00 $ 1,000.00 $ 3,000.00 $ 3,000.00 $ 4,750.00 $ 2,250.00 $ 18,500.00 $ - $ 750.00

%
Cash Sales 100 $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
% 30 days credit $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
SALES MIX YEAR 1
% 60 days credit $ - $ - $ - $ - $ - $ - $ - $ - $ -
% 90 days credit $ - $ - $ - $ - $ - $ - $ - $ -

Estimated Total Sales not paid - On Credit $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

Net value of receipts (Exc GST) $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00
GST received $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
SALES MIX YEAR 1
SALES MIX YEAR 1
March FULL YEAR

2 10
$ 3,000.00 $ 15,000.00
$ 1,500.00 $ 7,500.00

1 9
$ 2,000.00 $ 18,000.00
$ 1,000.00 $ 9,000.00

0 5
$ - $ 12,500.00
$ - $ 6,250.00

1 2
$ 3,000.00 $ 6,000.00
$ 1,500.00 $ 3,000.00

0 1
$ - $ 3,500.00
$ - $ 1,750.00

0 1
$ - $ 4,000.00
$ - $ 2,000.00
SALES MIX YEAR 1

0 1
$ - $ 10,000.00
$ - $ 8,500.00

0
$ - $ -
$ - $ -

0
$ - $ -
$ - $ -

0
$ - $ -
$ - $ -

0
$ - $ -
$ - $ -

0
$ - $ -
$ - $ -

$ 8,000.00 $ 69,000.00
$ 4,000.00 $ 38,000.00

$ 8,000.00 $ 69,000.00
$ - $ -
SALES MIX YEAR 1
$ - $ -
$ - $ -

$ - $ -

Appendix 6.5.1
$ 8,000.00 $ 69,000.00
$ - $ -
CASHFLOW SHEET - YEAR 1
Business Name: 0 Client Name: Jesse Fielder-Coleman 1st Year Ca
Month April May June July August September October November December January February
TOTAL SALES EXC GST $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00 $ 4,500.00 $ 30,000.00 $ - $ 1,500.00

BUSINESS OVERHEADS (Expenses including GST)


Cost of Materials $ - $ - $ 750.00 $ 1,000.00 $ 3,000.00 $ 3,000.00 $ 4,750.00 $ 2,250.00 $ 18,500.00 $ - $ 750.00
Accounting/bookkeeping Fees
Advertising $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Electricity & Gas $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Insurances $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00
Loan Repayments (No GST)
Motor Vehicle (Fuel, Ins, R&M)
Purchases - Plant & Equipment $ 70.00
Rent or Lease Payments $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00
Repairs & Maintenance
Stationery & Office Supplies
Telephone & Internet $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00
Postage/shipping
Bank Fees (No GST)
Owners Drawings (No GST) $ 1,091.60 $ 1,091.60

TAX
1A - GST received (Sales) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
1B - GST Paid (Expenses) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
9 - Info only - BAS / GST Payable $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

20% Tax on Profit $ - $ - $ - $ - $ 376.00 $ 376.00 $ 726.00 $ 226.00 $ 2,076.00 $ - $ -

TOTAL EXPENSES $ 1,190.00 $ 1,120.00 $ 1,870.00 $ 2,120.00 $ 4,496.00 $ 4,496.00 $ 6,596.00 $ 3,596.00 $ 21,696.00 $ 2,211.60 $ 2,961.60

Net Profit / Loss (After Taxes) -$1,190.00 -$1,120.00 -$370.00 -$120.00 $1,504.00 $1,504.00 $2,904.00 $904.00 $8,304.00 -$2,211.60 -$1,461.60

Cash at Start of Month $ 600.00 -$590.00 -$1,710.00 -$2,080.00 -$2,200.00 -$696.00 $808.00 $3,712.00 $4,616.00 $12,920.00 $10,708.40
Cash at End of Month -$590.00 -$1,710.00 -$2,080.00 -$2,200.00 -$696.00 $808.00 $3,712.00 $4,616.00 $12,920.00 $10,708.40 $9,246.80
CASHFLOW SHEET - YEAR 1

Net Profi

NEIS Panel Baord Trainer Mentor Manager Notes


Signature
CASHFLOW SHEET - YEAR 1
Year Cashflow
March
$ 8,000.00### $ 69,000.00

Total
$ 4,000.00 $ 38,000.00
$ -
$ 100.00 $ 1,200.00
$ 100.00 $ 1,200.00
$ 45.00 $ 540.00
$ -
$ -
$ 70.00
$ 800.00 $ 9,600.00
$ -
$ -
$ 75.00 $ 900.00
$ -
$ -
$ 1,091.60 $ 3,274.80

$ -### $ -
$ - $ -
$ -

$ 357.68 $ 4,137.68

$ 6,569.28 $ 58,922.48

$1,430.72 $10,077.52

$9,246.80
$10,677.52
CASHFLOW SHEET - YEAR 1

t Profit / Loss $ 10,077.52


Profit & Loss Statement Appendix 6.7.1
First Year

Total Sales $ 69,000.00 Total Expenses $ 58,922.48

Net Profit / Loss $ 10,077.52

Income Expenditure

MONTH SALES (Exc GST) Group Exp (Exc GST)


April $ - Cost of Materials $ 38,000.00
May $ - Accounting/bookkeeping Fees $ -
June $ 1,500.00 Advertising $ 1,200.00
1st Quarter $ 1,500.00 Electricity & Gas $ 1,200.00
Insurances $ 540.00
July $ 2,000.00 Loan Repayments (No GST) $ -
August $ 6,000.00 Motor Vehicle (Fuel, Ins, R&M) $ -
September $ 6,000.00 Purchases - Plant & Equipment $ 70.00
2nd Quarter $ 14,000.00 Rent or Lease Payments $ 9,600.00
Repairs & Maintenance $ -
October $ 9,500.00 Stationery & Office Supplies $ -
November $ 4,500.00 Telephone & Internet $ 900.00
December $ 30,000.00 Postage/shipping $ -
3rd Quarter $ 44,000.00 Bank Fees (No GST) $ -
Owners Drawings (No GST) $ 3,274.80
January $ - Tax - 20% on Profit $ 4,137.68
February $ 1,500.00 TOTAL EXPENDITURE $ 58,922.48
March $ 8,000.00
4th Quarter $ 9,500.00

12 Months $ 69,000.00

Income Statement Quarters are Jan to March, April to June, July to September, & October to December,
See the Income Statement Tab for budgetted figures
SALES MIX - YEAR 2

2nd Year Sales MONTH April May June July August September
COST/SALE
ITEM OR SERVICE PRICE
Computer Price 1
No sold per month 1 2 2 1 1 2
Value of Sales this item $1,500.00 $ 1,500.00 $ 3,000.00 $ 3,000.00 $ 1,500.00 $ 1,500.00 $ 3,000.00
Cost of materials $750.00 $ 750.00 $ 1,500.00 $ 1,500.00 $ 750.00 $ 750.00 $ 1,500.00
ITEM OR SERVICE
Computer Price 2
No sold per month 0 1 0 2 1 0
Value of Sales this item $2,000.00 $ - $ 2,000.00 $ - $ 4,000.00 $ 2,000.00 $ -
Cost of materials $1,000.00 $ - $ 1,000.00 $ - $ 2,000.00 $ 1,000.00 $ -
ITEM OR SERVICE
Computer Price 3
No sold per month 0 0 1 0 0 0
Value of sales for this item $2,500.00 $ - $ - $ 2,500.00 $ - $ - $ -
Cost of materials $1,250.00 $ - $ - $ 1,250.00 $ - $ - $ -
ITEM OR SERVICE
Computer Price 4
No sold per month 0 0 0 1 0 0
Value of sales for this item $3,000.00 $ - $ - $ - $ 3,000.00 $ - $ -
Cost of materials $1,500.00 $ - $ - $ - $ 1,500.00 $ - $ -
ITEM OR SERVICE
Computer Price 5
SALES MIX - YEAR 2

No sold per month 0 1 0 0 0 1


Value of sales for this item $3,500.00 $ - $ 3,500.00 $ - $ - $ - $ 3,500.00
Cost of materials $1,750.00 $ - $ 1,750.00 $ - $ - $ - $ 1,750.00
ITEM OR SERVICE
Computer Price 6
No sold per month 0 0 1 0 0
Value of sales for this item $4,000.00 $ - $ - $ 4,000.00 $ - $ - $ -
Cost of Materials $2,000.00 $ - $ - $ 2,000.00 $ - $ - $ -
SALES MIX - YEAR 2

ITEM OR SERVICE
Monster rig
No sold per month 0 0 0 0 0 0
Value of sales for this item $10,000.00 $ - $ - $ - $ - $ - $ -
Cost of Materials $8,500.00 $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -
SALES MIX - YEAR 2

ITEM OR SERVICE
0
No sold per month
Value of sales for this item $ - $ - $ - $ - $ - $ -
Cost of Materials $ - $ - $ - $ - $ - $ -

TOTAL $$$ SALES (A) $ 1,500.00 $ 8,500.00 $ 9,500.00 $ 8,500.00 $ 3,500.00 $ 6,500.00
COST OF MATERIALS $ 750.00 $ 4,250.00 $ 4,750.00 $ 4,250.00 $ 1,750.00 $ 3,250.00

%
Cash Sales 100 $1,500.00 $8,500.00 $9,500.00 $8,500.00 $3,500.00 $6,500.00
% 30 days credit $0.00 $0.00 $0.00 $0.00 $0.00
% 60 days credit $0.00 $0.00 $0.00 $0.00
% 90 days credit $0.00 $0.00 $0.00

Estimated Total Sales not paid - On Credit $0.00 $0.00 $0.00 $0.00 $0.00

Net value of receipts (Exc GST) $ 1,500.00 $ 8,500.00 $ 9,500.00 $ 8,500.00 $ 3,500.00 $ 6,500.00
GST received $ - $ - $ - $ - $ - $ -
SALES MIX - YEAR 2

October November December January February March FULL YEAR

1 0 3 0 1 2 16
$ 1,500.00 $ - $ 4,500.00 $ - $ 1,500.00 $ 3,000.00 $ 24,000.00
$ 750.00 $ - $ 2,250.00 $ - $ 750.00 $ 1,500.00 $ 12,000.00

0 0 2 0 0 1 7
$ - $ - $ 4,000.00 $ - $ - $ 2,000.00 $ 14,000.00
$ - $ - $ 2,000.00 $ - $ - $ 1,000.00 $ 7,000.00

0 0 1 0 0 1 3
$ - $ - $ 2,500.00 $ - $ - $ 2,500.00 $ 7,500.00
$ - $ - $ 1,250.00 $ - $ - $ 1,250.00 $ 3,750.00

0 0 1 0 0 0 2
$ - $ - $ 3,000.00 $ - $ - $ - $ 6,000.00
$ - $ - $ 1,500.00 $ - $ - $ - $ 3,000.00
SALES MIX - YEAR 2

0 0 1 0 0 0 3
$ - $ - $ 3,500.00 $ - $ - $ - $ 10,500.00
$ - $ - $ 1,750.00 $ - $ - $ - $ 5,250.00

0 0 1 0 0 0 2
$ - $ - $ 4,000.00 $ - $ - $ - $ 8,000.00
$ - $ - $ 2,000.00 $ - $ - $ - $ 4,000.00
SALES MIX - YEAR 2

0 0 1 0 0 0 1
$ - $ - $ 10,000.00 $ - $ - $ - $ 10,000.00
$ - $ - $ 8,500.00 $ - $ - $ - $ 8,500.00

0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
SALES MIX - YEAR 2

0
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

$ 1,500.00 $ - $ 31,500.00 $ - $ 1,500.00 $ 7,500.00 $ 80,000.00


$ 750.00 $ - $ 19,250.00 $ - $ 750.00 $ 3,750.00 $ 43,500.00

$1,500.00 $0.00 $31,500.00 $0.00 $1,500.00 $7,500.00 $80,000.00


$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
$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

Appendix 6.5.2
$ 1,500.00 $ - $ 31,500.00 $ - $ 1,500.00 $ 7,500.00 $ 80,000.00
$ - $ - $ - $ - $ - $ - $ -
CASHFLOW SHEET - YEAR 2
Business Name: 0 Client Name: Jesse Fielder-Coleman 2nd Year Cashflow
Month April May June July August September October November December January February March Total
TOTAL SALES EXC GST $ 1,500.00 $ 8,500.00 $ 9,500.00 $ 8,500.00 $ 3,500.00 $ 6,500.00 $ 1,500.00 $ - $ 31,500.00 $ - $ 1,500.00 $ 7,500.00### $ 80,000.00

BUSINESS OVERHEADS (Expenses including GST)


Cost of Materials $ 750.00 $ 4,250.00 $ 4,750.00 $ 4,250.00 $ 1,750.00 $ 3,250.00 $ 750.00 $ - $ 19,250.00 $ - $ 750.00 $ 3,750.00 $ 43,500.00
Accounting/bookkeeping Fees $ -
Advertising $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 2,000.00 $ 100.00 $ 100.00 $ 100.00 $ 3,100.00
Electricity & Gas $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 1,200.00
Insurances $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 540.00
Loan Repayments (No GST) $ -
Motor Vehicle (Fuel, Ins, R&M) $ -
Purchases - Plant & Equipment $ -
Rent or Lease Payments $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 9,600.00
Repairs & Maintenance $ -
Stationery & Office Supplies $ -
Telephone & Internet $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 75.00 $ 900.00
Postage/shipping $ -
Bank Fees (No GST) $ -
Owners Drawings (No GST) $ -

TAX
1A - GST received (Sales) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - ### $ -
1B - GST Paid (Expenses) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
9 - Info only - BAS / GST Payable $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -

20% Tax on Profit $ - $ 626.00 $ 726.00 $ 626.00 $ 126.00 $ 426.00 $ - $ - $ 1,846.00 $ - $ - $ 526.00 $ 4,902.00

TOTAL EXPENSES $ 1,870.00 $ 5,996.00 $ 6,596.00 $ 5,996.00 $ 2,996.00 $ 4,796.00 $ 1,870.00 $ 1,120.00 $ 24,116.00 $ 1,120.00 $ 1,870.00 $ 5,396.00 $ 63,742.00

Net Profit / Loss (After Taxes) -$370.00 $2,504.00 $2,904.00 $2,504.00 $504.00 $1,704.00 -$370.00 -$1,120.00 $7,384.00 -$1,120.00 -$370.00 $2,104.00 $ 16,258.00

Cash at Start of Month $10,677.52 $10,307.52 $12,811.52 $15,715.52 $18,219.52 $18,723.52 $20,427.52 $20,057.52 $18,937.52 $26,321.52 $25,201.52 $24,831.52
Cash at End of Month $10,307.52 $12,811.52 $15,715.52 $18,219.52 $18,723.52 $20,427.52 $20,057.52 $18,937.52 $26,321.52 $25,201.52 $24,831.52 $26,935.52

Net Profit / Loss $ 16,258.00


Profit & Loss Statement
Second Year

Total Sales $ 80,000.00 Total Expenses $ 63,742.00

Net Profit / Loss $ 16,258.00

Income Expenditure

MONTH SALES (Exc GST) Group Exp (Exc GST)


April $ 1,500.00 Cost of Materials $ 43,500.00
May $ 8,500.00 Accounting/bookkeeping Fees $ -
June $ 9,500.00 Advertising $ 3,100.00
1st Quarter $ 19,500.00 Electricity & Gas $ 1,200.00
Insurances $ 540.00
July $ 8,500.00 Loan Repayments (No GST) $ -
August $ 3,500.00 Motor Vehicle (Fuel, Ins, R&M) $ -
September $ 6,500.00 Purchases - Plant & Equipment $ -
2nd Quarter $ 18,500.00 Rent or Lease Payments $ 9,600.00
Repairs & Maintenance $ -
October $ 1,500.00 Stationery & Office Supplies $ -
November $ - Telephone & Internet $ 900.00
December $ 31,500.00 Postage/shipping $ -
3rd Quarter $ 33,000.00 Bank Fees (No GST) $ -
Owners drawings $ -
January $ - Tax - 20% on Profit $ 4,902.00
February $ 1,500.00 TOTAL EXPENDITURE $ 63,742.00
March $ 7,500.00
4th Quarter $ 9,000.00

12 Months $ 80,000.00

Income Statement Quarters are Jan to March, April to June, July to September, & October to Decemb
See the Income Statement Tab for budgetted figures
Appendix 6.7.2

tober to December,
PERSONAL BUDGET
INCOME
Month April May June July August September October
NEIS (Average) if applicable $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60 $ 1,091.60
Rent Assistance (6 mths only) $ 217.00 $ 217.00 $ 217.00 $ 217.00 $ 217.00 $ 217.00 $ -
Parenting Payment
Family Tax Benefit
Other income
TOTAL INCOME $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,308.60 $ 1,091.60

EXPENSES Do not include any Business Expenses or the portion of Business Expenses here - only Personal Ex
Fixed Monthly Expenses
Mortgage or Rent $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00
Personal Loan (s)
Insurance - Health
Child Care
School Fees
Pocket Money $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Total $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00

Variable Monthly Expenses


Food $ 400.00 $ 300.00 $ 350.00 $ 400.00 $ 350.00 $ 300.00 $ 280.00
Power & Gas $ 100.00 $ 80.00 $ 100.00 $ 90.00 $ 80.00 $ 100.00 $ 70.00
Clothing $ 100.00 $ 100.00
Recreation $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00
Motor Vehicle (Fuel, Ins)
Medical Expenses
Telephone $ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 30.00
Total $ 730.00 $ 510.00 $ 580.00 $ 620.00 $ 660.00 $ 530.00 $ 480.00
Fixed Infrequent Expenses
House & Car Insurance
Rates & Taxes
Tuition Fees
Annual Subscriptions
Other
Total $ - $ - $ - $ - $ - $ - $ -

Variable Infrequent Expenses


Gifts/Holidays
Car Repairs & Rego
Dental Fees
Total $ - $ - $ - $ - $ - $ - $ -

TOTAL EXPENSES $ 1,630.00 $ 1,410.00 $ 1,480.00 $ 1,520.00 $ 1,560.00 $ 1,430.00 $ 1,380.00


November December January February March Total
$ 1,091.60 $ 1,091.60 $ - $ - $ - $ 9,824.40
$ - $ - $ - $ - $ - $ 1,302.00
$ -
$ -
$ -
$ 1,091.60 $ 1,091.60 $ - $ - $ - $ 11,126.40

- only Personal Expenses

$ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 800.00 $ 9,600.00


$ -
$ -
$ -
$ -
$ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 1,200.00
$ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 900.00 $ 10,800.00

$ 300.00 $ 320.00 $ 500.00 $ 50.00 $ 380.00 $ 3,930.00


$ 50.00 $ 100.00 $ 80.00 $ 80.00 $ 90.00 $ 1,020.00
$ 100.00 $ 300.00
$ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 100.00 $ 1,200.00
$ -
$ -
$ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 30.00 $ 360.00
$ 480.00 $ 650.00 $ 710.00 $ 260.00 $ 600.00 $ 6,810.00
$ -
$ -
$ -
$ -
$ -
$ - $ - $ - $ - $ - $ -

Appendix 6.2
$ -
$ -
$ -
$ - $ - $ - $ - $ - $ -

$ 1,380.00 $ 1,550.00 $ 1,610.00 $ 1,160.00 $ 1,500.00 $ 17,610.00


Appendix 6.3

BALANCE SHEET (STATEMENT OF FINANCIAL POSITION)

Complete the Below for all your Assets and Liabilities - Personal and Business

All figures below are current figures at the time of writing

ASSETS
(You Own)

Cash Available $ 200.00


Bonds & Shares $ -
Life Policies (Surrender value) $ -
House $ -
Other real estate $ -
Furniture $ 1,000.00
Personal effects $ 1,000.00
Vehicles $ -
Other $ -

TOTAL (a) $ 2,200.00

Total Assets (a)


Total Liabilities (b)
Personal Net Worth(a) - (b)

PLEASE NOTE: In a partnership application each partner's financial details to be sh


individually except, in case of partnerships of married couples where all property is join
Appendix 6.3

EMENT OF FINANCIAL POSITION)

s - Personal and Business

LIABILITIES
(You Owe)

Bills Unpaid $ -
Personal Loans $ -
Lease Contracts to be paid $ -
Mortgage (s) $ -
Bankcard $ -
Credit Cards $ -
Other $ -
$ -

TOTAL (b) $ -

$ 2,200.00
$ -
$ 2,200.00

ation each partner's financial details to be shown


of married couples where all property is jointly owned.
BreakEven

Break Even Analysis


Labour / required income - Expenses from Personal Budget and Business Budget
$17,610
Total Expenses from Personal Budget
$58,922
Plus Total Expenses from Business - Cashflow Year 1
Total Expenditure - Business and Personal $76,532
My break even analysis
52 weeks x 5 days = 260 days
Less public holidays 10
Less annual leave 0
Total working days for the year = 250 days
250 days x 10 hrs = 2500 hours per year
Less 1 hrs per day unproductive time (Lunch)
250 days x 9.0 = 2250 productive hours
Personal Budget divided by productive hours
$17,610 / 2250 = $7.83
Business Expenses divided by productive hours
$58,922 / 2250 = $26.19
Total Hourly rate to break even = $34.01
Desired Income / Total Expenses $76,532
Weekly required income $2,142.91
Hrs to work each week = 63.00
Number of products/services required to sell each week.
Average price = ###
= 1 Sales needed per week
= 20 Sales needed per annum

Page 45
BreakEven

Desired Income - per annum $76,532


Hourly rate to break even $34.01
No. of hours required to work each week 63
Weekly income $2,142.91
Average price per service/sale $3,785.71

Appendix 6.8

Page 46
Summary

Financial Summary Year 1 Year 2


Total sales $ 69,000.00 $ 80,000.00

Total expenses $ 58,922.48 $ 63,742.00

Net profit (after 20% Tax) $ 10,077.52 $ 16,258.00

All amount are Exc of GST

Page 47
Graph

YEAR 1 CASH FLOW PROJECTIONS


$5,000
$4,500
$4,000
$3,500
$3,000
$2,500
$2,000
$1,500
$1,000
$500
$-
$(500)April May June July August September October November December January Februa
$(1,000)
$(1,500)
$(2,000)
$(2,500)
$(3,000)
$(3,500)

April May June July August September October


Sales (Exc GST) $ - $ - $ 1,500.00 $ 2,000.00 $ 6,000.00 $ 6,000.00 $ 9,500.00
Expenses (EXC GST) $ 1,190.00 $ 1,120.00 $ 1,870.00 $ 2,120.00 $ 4,496.00 $ 4,496.00 $ 6,596.00
Cumulative Net Profit -$ 1,190.00 -$ 2,310.00 -$ 2,680.00 -$ 2,800.00 -$ 1,296.00 $ 208.00 $ 3,112.00

Page 48
Graph

Sales (Exc GST)


Expenses (EXC GST)
Cumulative Net Profit
mber December January February March

November December January February March Total


$ 4,500.00 $ 30,000.00 $ - $ 1,500.00 $ 8,000.00 $ 69,000.00
$ 3,596.00 $ 21,696.00 $ 2,211.60 $ 2,961.60 $ 6,569.28 $ 58,922.48
$ 4,016.00 $ 12,320.00 $ 10,108.40 $ 8,646.80 $ 10,077.52 $ 10,077.52

Page 49