ESTIMATED START-UP COST YEAR 2022

Description Rupees
Shop Advance Rent 150,000
Security (Advance) 300,000
Interior Designing of Shop 200,000
Laptop & Computer System 200,000
Initial Marketing Cost 50,000
Furntiure & Fixtures 400,000
Internet Connection Charges 25,000
Book Stock 385,000
Office Stationary 20,000
Misc. Expenses 70,000

1,800,000

Projected Balance Sheet

For the year Ending 31 Dec, 2022
Assets Rs
Current Assets
Cash 4,338,000
Prepaid Rent of Shop 150,000
Prepaid Security of Shop 300,000
Fixed Assets
Furniture: 400,000
Less: Dep @ 10% 40000
360,000

Machinery 200,000
Less: Dep @ 10% 20000
180000

Total 5,328,000

Income Statement
For the year 2022
Sales
Less: Cost Of Goods Sold
Gross Profit
Less: Expenses
Selling Expenses
Administrative Expenses:
Interior Designing of Shop 200,000
Marketing, Advertising 50,000
Misc. Expenses 70,000
Salaries 900,000

Operating Income
Less: Interest Expenses @3%
Income before Tax
Less: Income Tax Expenses @18%

Net Income

Cash Flow Statement

OPERATING CASH FLOW

Cash received from Customer 2,700,000
Cash paid for expenses 3,020,000
Cash outflow to taxes 18,000
Total operating activities 5,738,000
INVESTING CASH FLOWS

Purchase of Furniture 400,000

Purchase of Machinery 200,000

Total from investing activities 600,000

FINANCING CASH FLOWS
Cash inflow from owners 800,000
Total from Financial activities 800,000
NET CHANGE IN CASH 4,338,000
 Projected Balance Sheet
or the year Ending 31 Dec, 2022
liabilities Rs
Short term Liabilites -

Long Term Liability:

Loan from Bank 1,000,000
Interest Payable @3% 30000
Equity:

Total Capital 800,000

Retained Earning 3,498,000

Total 5,328,000

2,700,000
1,300,000
1,400,000

50,000

1,220,000
130,000
30,000
100,000
18,000

82,000