Financ

Financial Plan
Particulars Year 1 Year 2 Year 3
Payroll Growth Rate 35.00% 35.00% 35.00%
Rent Growth Rate 10.00% 10.00% 10.00%
Marketing Growth Rate 20.00% 20.00% 20.00%
Other Expenses Growth Rate 5.00% 5.00%
Cost of Sales 40.00%
Income Tax Rate 25.00%
Year 4 Year 5
35.00% 35.00%
10.00% 10.00%
20.00% 20.00%
5.00% 5.00%
Monthly Depreciation Amount Dep. Rate Mon 1 Mon 2
Digital Assets £20,000 5% £83 £83
Furniture & Fixtures £15,000 5% £63 £63
Equipment £8,000 5% £33 £33
Motor Vehicles £12,000 5% £50 £50
Other Long-Term Assets £5,000 5% £21 £21
Total £60,000 - £250 £250

Additional Assets Year 2 Year 3 Year 4 Year 5

Digital Assets £0 £0 £0 £0
Furniture & Fixtures £0 £0 £0 £0
Equipment £0 £0 £0 £0
Motor Vehicles £0 £0 £0 £0
Other Long-Term Assets £0 £0 £0 £0
Total £0 £0 £0 £0

YEAR 1
Yearly Depreciation Cost Addition Total Cost Dep. Exp.
Digital Assets £20,000 £0 £20,000 £1,000
Furniture & Fixtures £15,000 £0 £15,000 £750
Equipment £8,000 £0 £8,000 £400
Motor Vehicles £12,000 £0 £12,000 £600
Other Long-Term Assets £5,000 £0 £5,000 £250
Total £60,000 £0 £60,000 £3,000

Depreciable Assets (Written Down Value) Mon 1 Mon 2

Digital Assets £19,917 £19,833
Furniture & Fixtures £14,938 £14,875
Equipment £7,967 £7,933
Motor Vehicles £11,950 £11,900
Other Long-Term Assets £4,979 £4,958
Total £59,750 £59,500
 Mon 3 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

YEAR 2
Cum. Dep WDV Yearly Depreciation Cost
£1,000 £19,000 Digital Assets £20,000
£750 £14,250 Furniture & Fixtures £15,000
£400 £7,600 Equipment £8,000
£600 £11,400 Motor Vehicles £12,000
£250 £4,750 Other Long-Term Assets £5,000
£3,000 £57,000 Total £60,000

Mon 3 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8

£19,750 £19,667 £19,583 £19,500 £19,417 £19,333
£14,813 £14,750 £14,688 £14,625 £14,563 £14,500
£7,900 £7,867 £7,833 £7,800 £7,767 £7,733
£11,850 £11,800 £11,750 £11,700 £11,650 £11,600
£4,938 £4,917 £4,896 £4,875 £4,854 £4,833
£59,250 £59,000 £58,750 £58,500 £58,250 £58,000
 Mon 9 Mon 10 Mon 11 Mon 12 Mon 13 Mon 14
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

Addition Total Cost Dep. Exp. Cum. Dep WDV

£0 £20,000 £1,000 £2,000 £18,000
£0 £15,000 £750 £1,500 £13,500
£0 £8,000 £400 £800 £7,200
£0 £12,000 £600 £1,200 £10,800
£0 £5,000 £250 £500 £4,500
£0 £60,000 £3,000 £6,000 £54,000

Mon 9 Mon 10 Mon 11 Mon 12 Mon 13 Mon 14

£19,250 £19,167 £19,083 £19,000 £18,917 £18,833
£14,438 £14,375 £14,313 £14,250 £14,188 £14,125
£7,700 £7,667 £7,633 £7,600 £7,567 £7,533
£11,550 £11,500 £11,450 £11,400 £11,350 £11,300
£4,813 £4,792 £4,771 £4,750 £4,729 £4,708
£57,750 £57,500 £57,250 £57,000 £56,750 £56,500
 Mon 15 Mon 16 Mon 17 Mon 18 Mon 19 Mon 20
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

YEAR 3
Yearly Depreciation Cost Addition Total Cost Dep. Exp.
Digital Assets £20,000 £0 £20,000 £1,000
Furniture & Fixtures £15,000 £0 £15,000 £750
Equipment £8,000 £0 £8,000 £400
Motor Vehicles £12,000 £0 £12,000 £600
Other Long-Term Assets £5,000 £0 £5,000 £250
Total £60,000 £0 £60,000 £3,000

Mon 15 Mon 16 Mon 17 Mon 18 Mon 19 Mon 20

£18,750 £18,667 £18,583 £18,500 £18,417 £18,333
£14,063 £14,000 £13,938 £13,875 £13,813 £13,750
£7,500 £7,467 £7,433 £7,400 £7,367 £7,333
£11,250 £11,200 £11,150 £11,100 £11,050 £11,000
£4,688 £4,667 £4,646 £4,625 £4,604 £4,583
£56,250 £56,000 £55,750 £55,500 £55,250 £55,000
 Mon 21 Mon 22 Mon 23 Mon 24 Mon 25 Mon 26
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

YEAR 4
Cum. Dep WDV Yearly Depreciation Cost
£3,000 £17,000 Digital Assets £20,000
£2,250 £12,750 Furniture & Fixtures £15,000
£1,200 £6,800 Equipment £8,000
£1,800 £10,200 Motor Vehicles £12,000
£750 £4,250 Other Long-Term Assets £5,000
£9,000 £51,000 Total £60,000

Mon 21 Mon 22 Mon 23 Mon 24 Mon 25 Mon 26

£18,250 £18,167 £18,083 £18,000 £17,917 £17,833
£13,688 £13,625 £13,563 £13,500 £13,438 £13,375
£7,300 £7,267 £7,233 £7,200 £7,167 £7,133
£10,950 £10,900 £10,850 £10,800 £10,750 £10,700
£4,563 £4,542 £4,521 £4,500 £4,479 £4,458
£54,750 £54,500 £54,250 £54,000 £53,750 £53,500
Mon 27 Mon 28 Mon 29 Mon 30 Mon 31 Mon 32
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

Addition Total Cost Dep. Exp. Cum. Dep WDV

£0 £20,000 £1,000 £4,000 £16,000
£0 £15,000 £750 £3,000 £12,000
£0 £8,000 £400 £1,600 £6,400
£0 £12,000 £600 £2,400 £9,600
£0 £5,000 £250 £1,000 £4,000
£0 £60,000 £3,000 £12,000 £48,000

Mon 27 Mon 28 Mon 29 Mon 30 Mon 31 Mon 32

£17,750 £17,667 £17,583 £17,500 £17,417 £17,333
£13,313 £13,250 £13,188 £13,125 £13,063 £13,000
£7,100 £7,067 £7,033 £7,000 £6,967 £6,933
£10,650 £10,600 £10,550 £10,500 £10,450 £10,400
£4,438 £4,417 £4,396 £4,375 £4,354 £4,333
£53,250 £53,000 £52,750 £52,500 £52,250 £52,000
 Mon 33 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

YEAR 5
Yearly Depreciation Cost Addition Total Cost Dep. Exp.
Digital Assets £20,000 £0 £20,000 £1,000
Furniture & Fixtures £15,000 £0 £15,000 £750
Equipment £8,000 £0 £8,000 £400
Motor Vehicles £12,000 £0 £12,000 £600
Other Long-Term Assets £5,000 £0 £5,000 £250
Total £60,000 £0 £60,000 £3,000

Mon 33 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38

£17,250 £17,167 £17,083 £17,000 £16,917 £16,833
£12,938 £12,875 £12,813 £12,750 £12,688 £12,625
£6,900 £6,867 £6,833 £6,800 £6,767 £6,733
£10,350 £10,300 £10,250 £10,200 £10,150 £10,100
£4,313 £4,292 £4,271 £4,250 £4,229 £4,208
£51,750 £51,500 £51,250 £51,000 £50,750 £50,500
Mon 39 Mon 40 Mon 41 Mon 42 Mon 43 Mon 44
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

Cum. Dep WDV

£5,000 £15,000
£3,750 £11,250
£2,000 £6,000
£3,000 £9,000
£1,250 £3,750
£15,000 £45,000

Mon 39 Mon 40 Mon 41 Mon 42 Mon 43 Mon 44

£16,750 £16,667 £16,583 £16,500 £16,417 £16,333
£12,563 £12,500 £12,438 £12,375 £12,313 £12,250
£6,700 £6,667 £6,633 £6,600 £6,567 £6,533
£10,050 £10,000 £9,950 £9,900 £9,850 £9,800
£4,188 £4,167 £4,146 £4,125 £4,104 £4,083
£50,250 £50,000 £49,750 £49,500 £49,250 £49,000
Mon 45 Mon 46 Mon 47 Mon 48 Mon 49 Mon 50
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

Mon 45 Mon 46 Mon 47 Mon 48 Mon 49 Mon 50

£16,250 £16,167 £16,083 £16,000 £15,917 £15,833
£12,188 £12,125 £12,063 £12,000 £11,938 £11,875
£6,500 £6,467 £6,433 £6,400 £6,367 £6,333
£9,750 £9,700 £9,650 £9,600 £9,550 £9,500
£4,062 £4,042 £4,021 £4,000 £3,979 £3,958
£48,750 £48,500 £48,250 £48,000 £47,750 £47,500
Mon 51 Mon 52 Mon 53 Mon 54 Mon 55 Mon 56
£83 £83 £83 £83 £83 £83
£63 £63 £63 £63 £63 £63
£33 £33 £33 £33 £33 £33
£50 £50 £50 £50 £50 £50
£21 £21 £21 £21 £21 £21
£250 £250 £250 £250 £250 £250

Mon 51 Mon 52 Mon 53 Mon 54 Mon 55 Mon 56

£15,750 £15,667 £15,583 £15,500 £15,417 £15,333
£11,813 £11,750 £11,688 £11,625 £11,563 £11,500
£6,300 £6,267 £6,233 £6,200 £6,167 £6,133
£9,450 £9,400 £9,350 £9,300 £9,250 £9,200
£3,937 £3,917 £3,896 £3,875 £3,854 £3,833
£47,250 £47,000 £46,750 £46,500 £46,250 £46,000
Mon 57 Mon 58 Mon 59 Mon 60
£83 £83 £83 £83
£63 £63 £63 £63
£33 £33 £33 £33
£50 £50 £50 £50
£21 £21 £21 £21
£250 £250 £250 £250

Mon 57 Mon 58 Mon 59 Mon 60

£15,250 £15,167 £15,083 £15,000
£11,438 £11,375 £11,313 £11,250
£6,100 £6,067 £6,033 £6,000
£9,150 £9,100 £9,050 £9,000
£3,813 £3,792 £3,771 £3,750
£45,750 £45,500 £45,250 £45,000
Staff Payroll Plan Monthly Pay Monthly Pay Monthly Pay Monthly Pay
(Monthly) Year 1 Year 2 Year 3 Year 4
Owner £5,000 £6,750 £9,113 £12,302
Manager £3,500 £4,725 £6,379 £8,611
Misc. Staff £2,000 £2,700 £3,645 £4,921
Total £10,500 £14,175 £19,136 £25,834

Headcount Mon 1 Mon 2 Mon 3 Mon 4

Owner 0 0 0 0
Manager 1 1 1 1
Misc. Staff 10 10 10 10
Total 11 11 11 11

Payroll Plan Monthly Mon 1 Mon 2 Mon 3 Mon 4

Owner £0 £0 £0 £0
Manager £3,500 £3,500 £3,500 £3,500
Misc. Staff £20,000 £20,000 £20,000 £20,000
Total £23,500 £23,500 £23,500 £23,500

Payroll Plan Yearly Year 1 Year 2 Year 3 Year 4

Owner £0 £0 £0 £0
Manager £42,000 £56,700 £76,545 £103,336
Misc. Staff £240,000 £499,500 £874,800 £1,476,225
Total £282,000 £556,200 £951,345 £1,579,561
Monthly Pay
Year 5
£16,608
£11,625
£6,643
£34,876

Mon 5 Mon 6 Mon 7 Mon 8 Mon 9 Mon 10

0 0 0 0 0 0
1 1 1 1 1 1
10 10 10 10 10 10
11 11 11 11 11 11

Mon 5 Mon 6 Mon 7 Mon 8 Mon 9 Mon 10

£0 £0 £0 £0 £0 £0
£3,500 £3,500 £3,500 £3,500 £3,500 £3,500
£20,000 £20,000 £20,000 £20,000 £20,000 £20,000
£23,500 £23,500 £23,500 £23,500 £23,500 £23,500

Year 5
£0
£139,503
£2,391,485
£2,530,988
Mon 11 Mon 12 Mon 13 Mon 14 Mon 15 Mon 16
0 0 0 0 0 0
1 1 1 1 1 1
10 10 15 15 15 15
11 11 16 16 16 16

Mon 11 Mon 12 Mon 13 Mon 14 Mon 15 Mon 16

£0 £0 £0 £0 £0 £0
£3,500 £3,500 £4,725 £4,725 £4,725 £4,725
£20,000 £20,000 £40,500 £40,500 £40,500 £40,500
£23,500 £23,500 £45,225 £45,225 £45,225 £45,225
Mon 17 Mon 18 Mon 19 Mon 20 Mon 21 Mon 22
0 0 0 0 0 0
1 1 1 1 1 1
15 15 15 15 15 15
16 16 16 16 16 16

Mon 17 Mon 18 Mon 19 Mon 20 Mon 21 Mon 22

£0 £0 £0 £0 £0 £0
£4,725 £4,725 £4,725 £4,725 £4,725 £4,725
£40,500 £40,500 £40,500 £40,500 £40,500 £40,500
£45,225 £45,225 £45,225 £45,225 £45,225 £45,225
Mon 23 Mon 24 Mon 25 Mon 26 Mon 27 Mon 28
0 0 0 0 0 0
1 1 1 1 1 1
15 20 20 20 20 20
16 21 21 21 21 21

Mon 23 Mon 24 Mon 25 Mon 26 Mon 27 Mon 28

£0 £0 £0 £0 £0 £0
£4,725 £4,725 £6,379 £6,379 £6,379 £6,379
£40,500 £54,000 £72,900 £72,900 £72,900 £72,900
£45,225 £58,725 £79,279 £79,279 £79,279 £79,279
Mon 29 Mon 30 Mon 31 Mon 32 Mon 33 Mon 34
0 0 0 0 0 0
1 1 1 1 1 1
20 20 20 20 20 20
21 21 21 21 21 21

Mon 29 Mon 30 Mon 31 Mon 32 Mon 33 Mon 34

£0 £0 £0 £0 £0 £0
£6,379 £6,379 £6,379 £6,379 £6,379 £6,379
£72,900 £72,900 £72,900 £72,900 £72,900 £72,900
£79,279 £79,279 £79,279 £79,279 £79,279 £79,279
Mon 35 Mon 36 Mon 37 Mon 38 Mon 39 Mon 40
0 0 0 0 0 0
1 1 1 1 1 1
20 20 25 25 25 25
21 21 26 26 26 26

Mon 35 Mon 36 Mon 37 Mon 38 Mon 39 Mon 40

£0 £0 £0 £0 £0 £0
£6,379 £6,379 £8,611 £8,611 £8,611 £8,611
£72,900 £72,900 £123,019 £123,019 £123,019 £123,019
£79,279 £79,279 £131,630 £131,630 £131,630 £131,630
Mon 41 Mon 42 Mon 43 Mon 44 Mon 45 Mon 46
0 0 0 0 0 0
1 1 1 1 1 1
25 25 25 25 25 25
26 26 26 26 26 26

Mon 41 Mon 42 Mon 43 Mon 44 Mon 45 Mon 46

£0 £0 £0 £0 £0 £0
£8,611 £8,611 £8,611 £8,611 £8,611 £8,611
£123,019 £123,019 £123,019 £123,019 £123,019 £123,019
£131,630 £131,630 £131,630 £131,630 £131,630 £131,630
Mon 47 Mon 48 Mon 49 Mon 50 Mon 51 Mon 52
0 0 0 0 0 0
1 1 1 1 1 1
25 25 30 30 30 30
26 26 31 31 31 31

Mon 47 Mon 48 Mon 49 Mon 50 Mon 51 Mon 52

£0 £0 £0 £0 £0 £0
£8,611 £8,611 £11,625 £11,625 £11,625 £11,625
£123,019 £123,019 £199,290 £199,290 £199,290 £199,290
£131,630 £131,630 £210,916 £210,916 £210,916 £210,916
Mon 53 Mon 54 Mon 55 Mon 56 Mon 57 Mon 58
0 0 0 0 0 0
1 1 1 1 1 1
30 30 30 30 30 30
31 31 31 31 31 31

Mon 53 Mon 54 Mon 55 Mon 56 Mon 57 Mon 58

£0 £0 £0 £0 £0 £0
£11,625 £11,625 £11,625 £11,625 £11,625 £11,625
£199,290 £199,290 £199,290 £199,290 £199,290 £199,290
£210,916 £210,916 £210,916 £210,916 £210,916 £210,916
Mon 59 Mon 60
0 0
1 1
30 30
31 31

Mon 59 Mon 60
£0 £0
£11,625 £11,625
£199,290 £199,290
£210,916 £210,916
Loan Amount £500,000
Interest Rate 7.50%
nper 10 years
PMT £5,935

Monthly Loan Schedule Mon 1 Mon 2 Mon 3

Beginning Balance £500,000 £497,190 £494,362
Installment £5,935 £5,935 £5,935
Interest Payment £3,125 £3,107 £3,090
Principal Payment £2,810 £2,828 £2,845
Ending Balance £497,190 £494,362 £491,517

Yearly Loan Schedule Year 1 Year 2 Year 3

Beginning Balance £500,000 £465,095 £427,481
Installment £71,221 £71,221 £71,221
Interest Payment £36,316 £33,607 £30,686
Principal Payment £34,905 £37,614 £40,535
Ending Balance £465,095 £427,481 £386,946
 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8
£491,517 £488,654 £485,773 £482,874 £479,957
£5,935 £5,935 £5,935 £5,935 £5,935
£3,072 £3,054 £3,036 £3,018 £3,000
£2,863 £2,881 £2,899 £2,917 £2,935
£488,654 £485,773 £482,874 £479,957 £477,021

Year 4 Year 5 Year 6 Year 7

£386,946 £343,265 £296,192 £245,466
£71,221 £71,221 £71,221 £71,221
£27,540 £24,149 £20,494 £16,556
£43,681 £47,072 £50,727 £54,665
£343,265 £296,192 £245,466 £190,801
Mon 9 Mon 10 Mon 11 Mon 12 Mon 13
£477,021 £474,068 £471,095 £468,105 £465,095
£5,935 £5,935 £5,935 £5,935 £5,935
£2,981 £2,963 £2,944 £2,926 £2,907
£2,954 £2,972 £2,991 £3,009 £3,028
£474,068 £471,095 £468,105 £465,095 £462,067
Mon 14 Mon 15 Mon 16 Mon 17 Mon 18
£462,067 £459,020 £455,954 £452,868 £449,764
£5,935 £5,935 £5,935 £5,935 £5,935
£2,888 £2,869 £2,850 £2,830 £2,811
£3,047 £3,066 £3,085 £3,105 £3,124
£459,020 £455,954 £452,868 £449,764 £446,640
Mon 19 Mon 20 Mon 21 Mon 22 Mon 23
£446,640 £443,496 £440,333 £437,150 £433,947
£5,935 £5,935 £5,935 £5,935 £5,935
£2,791 £2,772 £2,752 £2,732 £2,712
£3,144 £3,163 £3,183 £3,203 £3,223
£443,496 £440,333 £437,150 £433,947 £430,724
Mon 24 Mon 25 Mon 26 Mon 27 Mon 28
£430,724 £427,481 £424,217 £420,934 £417,630
£5,935 £5,935 £5,935 £5,935 £5,935
£2,692 £2,672 £2,651 £2,631 £2,610
£3,243 £3,263 £3,284 £3,304 £3,325
£427,481 £424,217 £420,934 £417,630 £414,305
Mon 29 Mon 30 Mon 31 Mon 32 Mon 33
£414,305 £410,959 £407,592 £404,205 £400,796
£5,935 £5,935 £5,935 £5,935 £5,935
£2,589 £2,568 £2,547 £2,526 £2,505
£3,346 £3,367 £3,388 £3,409 £3,430
£410,959 £407,592 £404,205 £400,796 £397,366
Mon 34 Mon 35 Mon 36 Mon 37 Mon 38
£397,366 £393,914 £390,441 £386,946 £383,430
£5,935 £5,935 £5,935 £5,935 £5,935
£2,484 £2,462 £2,440 £2,418 £2,396
£3,452 £3,473 £3,495 £3,517 £3,539
£393,914 £390,441 £386,946 £383,430 £379,891
Mon 39 Mon 40 Mon 41 Mon 42 Mon 43
£379,891 £376,330 £372,747 £369,142 £365,514
£5,935 £5,935 £5,935 £5,935 £5,935
£2,374 £2,352 £2,330 £2,307 £2,284
£3,561 £3,583 £3,605 £3,628 £3,651
£376,330 £372,747 £369,142 £365,514 £361,863
Mon 44 Mon 45 Mon 46 Mon 47 Mon 48
£361,863 £358,190 £354,493 £350,774 £347,031
£5,935 £5,935 £5,935 £5,935 £5,935
£2,262 £2,239 £2,216 £2,192 £2,169
£3,673 £3,696 £3,720 £3,743 £3,766
£358,190 £354,493 £350,774 £347,031 £343,265
Mon 49 Mon 50 Mon 51 Mon 52 Mon 53
£343,265 £339,475 £335,662 £331,825 £327,963
£5,935 £5,935 £5,935 £5,935 £5,935
£2,145 £2,122 £2,098 £2,074 £2,050
£3,790 £3,813 £3,837 £3,861 £3,885
£339,475 £335,662 £331,825 £327,963 £324,078
Mon 54 Mon 55 Mon 56 Mon 57 Mon 58 Mon 59
£324,078 £320,169 £316,234 £312,276 £308,293 £304,284
£5,935 £5,935 £5,935 £5,935 £5,935 £5,935
£2,025 £2,001 £1,976 £1,952 £1,927 £1,902
£3,910 £3,934 £3,959 £3,983 £4,008 £4,033
£320,169 £316,234 £312,276 £308,293 £304,284 £300,251
Mon 60 Mon 61 Mon 62 Mon 63 Mon 64
£300,251 £296,192 £292,109 £287,999 £283,864
£5,935 £5,935 £5,935 £5,935 £5,935
£1,877 £1,851 £1,826 £1,800 £1,774
£4,059 £4,084 £4,109 £4,135 £4,161
£296,192 £292,109 £287,999 £283,864 £279,703
Mon 65 Mon 66 Mon 67 Mon 68 Mon 69
£279,703 £275,516 £271,303 £267,064 £262,798
£5,935 £5,935 £5,935 £5,935 £5,935
£1,748 £1,722 £1,696 £1,669 £1,642
£4,187 £4,213 £4,239 £4,266 £4,293
£275,516 £271,303 £267,064 £262,798 £258,505
Mon 70 Mon 71 Mon 72 Mon 73 Mon 74
£258,505 £254,186 £249,839 £245,466 £241,065
£5,935 £5,935 £5,935 £5,935 £5,935
£1,616 £1,589 £1,561 £1,534 £1,507
£4,319 £4,346 £4,374 £4,401 £4,428
£254,186 £249,839 £245,466 £241,065 £236,636
Mon 75 Mon 76 Mon 77 Mon 78 Mon 79 Mon 80
£236,636 £232,180 £227,696 £223,184 £218,644 £214,075
£5,935 £5,935 £5,935 £5,935 £5,935 £5,935
£1,479 £1,451 £1,423 £1,395 £1,367 £1,338
£4,456 £4,484 £4,512 £4,540 £4,569 £4,597
£232,180 £227,696 £223,184 £218,644 £214,075 £209,478
Mon 81 Mon 82 Mon 83 Mon 84
£209,478 £204,852 £200,198 £195,514
£5,935 £5,935 £5,935 £5,935
£1,309 £1,280 £1,251 £1,222
£4,626 £4,655 £4,684 £4,713
£204,852 £200,198 £195,514 £190,801
Costs Amount
Fixed Assets:
Digital Assets £20,000
Furniture & Fixtures £15,000
Equipment £8,000
Motor Vehicles £12,000
Other Long-Term Assets £5,000

Current Assets:
Cash (Working Capital) £319,000

Expenses:
Registration and Licenses £250
Legal Fees £500
Website Update £250
Marketing Budget £100,000
Miscellaneous and Unforeseen Costs £20,000

Assets to Fund £379,000

Expenses to Fund £121,000
Total Investment £500,000

Investment Breakup
Total Investment £500,000

Loan Investment £500,000

Capital Investment £0

Loan Investment % 100%

Capital Investment % 0%
Expenses Mon 1 Mon 2
Payroll £23,500 £23,500
Rent £530 £530
Sales & Marketing £65,675 £65,675
Supplies £450 £450
Travelling £700 £700
Miscellaneous Expenses £13,135 £13,135
Interest Expense £3,125 £3,107
Depreciation £250 £250

Total Expenses £107,365 £107,347

Expenses Year 1 Year 2

Payroll £282,000 £556,200
Rent £6,360 £6,996
Sales & Marketing £788,100 £1,063,935
Supplies £5,400 £5,670
Travelling £8,400 £8,820
Miscellaneous Expenses £157,620 £212,787
Interest Expense £36,316 £33,607
Depreciation £3,000 £3,000

Total Expenses £1,287,196 £1,891,015

 Mon 3 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8
£23,500 £23,500 £23,500 £23,500 £23,500 £23,500
£530 £530 £530 £530 £530 £530
£65,675 £65,675 £65,675 £65,675 £65,675 £65,675
£450 £450 £450 £450 £450 £450
£700 £700 £700 £700 £700 £700
£13,135 £13,135 £13,135 £13,135 £13,135 £13,135
£3,090 £3,072 £3,054 £3,036 £3,018 £3,000
£250 £250 £250 £250 £250 £250

£107,330 £107,312 £107,294 £107,276 £107,258 £107,240

Year 3 Year 4 Year 5

£951,345 £1,579,561 £2,530,988
£7,696 £8,465 £9,312
£1,436,312 £1,939,022 £2,617,679
£5,954 £6,251 £6,564
£9,261 £9,724 £10,210
£287,262 £387,804 £523,536
£30,686 £27,540 £24,149
£3,000 £3,000 £3,000

£2,731,516 £3,961,367 £5,725,437

Mon 9 Mon 10 Mon 11 Mon 12 Mon 13 Mon 14
£23,500 £23,500 £23,500 £23,500 £45,225 £45,225
£530 £530 £530 £530 £583 £583
£65,675 £65,675 £65,675 £65,675 £88,661 £88,661
£450 £450 £450 £450 £473 £473
£700 £700 £700 £700 £735 £735
£13,135 £13,135 £13,135 £13,135 £17,732 £17,732
£2,981 £2,963 £2,944 £2,926 £2,907 £2,888
£250 £250 £250 £250 £250 £250

£107,221 £107,203 £107,184 £107,166 £156,566 £156,547

Mon 15 Mon 16 Mon 17 Mon 18 Mon 19 Mon 20
£45,225 £45,225 £45,225 £45,225 £45,225 £45,225
£583 £583 £583 £583 £583 £583
£88,661 £88,661 £88,661 £88,661 £88,661 £88,661
£473 £473 £473 £473 £473 £473
£735 £735 £735 £735 £735 £735
£17,732 £17,732 £17,732 £17,732 £17,732 £17,732
£2,869 £2,850 £2,830 £2,811 £2,791 £2,772
£250 £250 £250 £250 £250 £250

£156,528 £156,509 £156,489 £156,470 £156,450 £156,431

Mon 21 Mon 22 Mon 23 Mon 24 Mon 25 Mon 26
£45,225 £45,225 £45,225 £58,725 £79,279 £79,279
£583 £583 £583 £583 £641 £641
£88,661 £88,661 £88,661 £88,661 £119,693 £119,693
£473 £473 £473 £473 £496 £496
£735 £735 £735 £735 £772 £772
£17,732 £17,732 £17,732 £17,732 £23,939 £23,939
£2,752 £2,732 £2,712 £2,692 £2,672 £2,651
£250 £250 £250 £250 £250 £250

£156,411 £156,391 £156,371 £169,851 £227,741 £227,721

Mon 27 Mon 28 Mon 29 Mon 30 Mon 31 Mon 32
£79,279 £79,279 £79,279 £79,279 £79,279 £79,279
£641 £641 £641 £641 £641 £641
£119,693 £119,693 £119,693 £119,693 £119,693 £119,693
£496 £496 £496 £496 £496 £496
£772 £772 £772 £772 £772 £772
£23,939 £23,939 £23,939 £23,939 £23,939 £23,939
£2,631 £2,610 £2,589 £2,568 £2,547 £2,526
£250 £250 £250 £250 £250 £250

£227,700 £227,679 £227,659 £227,638 £227,617 £227,595

Mon 33 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38
£79,279 £79,279 £79,279 £79,279 £131,630 £131,630
£641 £641 £641 £641 £705 £705
£119,693 £119,693 £119,693 £119,693 £161,585 £161,585
£496 £496 £496 £496 £521 £521
£772 £772 £772 £772 £810 £810
£23,939 £23,939 £23,939 £23,939 £32,317 £32,317
£2,505 £2,484 £2,462 £2,440 £2,418 £2,396
£250 £250 £250 £250 £250 £250

£227,574 £227,553 £227,531 £227,509 £330,237 £330,215

Mon 39 Mon 40 Mon 41 Mon 42 Mon 43 Mon 44
£131,630 £131,630 £131,630 £131,630 £131,630 £131,630
£705 £705 £705 £705 £705 £705
£161,585 £161,585 £161,585 £161,585 £161,585 £161,585
£521 £521 £521 £521 £521 £521
£810 £810 £810 £810 £810 £810
£32,317 £32,317 £32,317 £32,317 £32,317 £32,317
£2,374 £2,352 £2,330 £2,307 £2,284 £2,262
£250 £250 £250 £250 £250 £250

£330,193 £330,171 £330,149 £330,126 £330,103 £330,081

Mon 45 Mon 46 Mon 47 Mon 48 Mon 49 Mon 50
£131,630 £131,630 £131,630 £131,630 £210,916 £210,916
£705 £705 £705 £705 £776 £776
£161,585 £161,585 £161,585 £161,585 £218,140 £218,140
£521 £521 £521 £521 £547 £547
£810 £810 £810 £810 £851 £851
£32,317 £32,317 £32,317 £32,317 £43,628 £43,628
£2,239 £2,216 £2,192 £2,169 £2,145 £2,122
£250 £250 £250 £250 £250 £250

£330,058 £330,034 £330,011 £329,988 £477,253 £477,229

Mon 51 Mon 52 Mon 53 Mon 54 Mon 55 Mon 56
£210,916 £210,916 £210,916 £210,916 £210,916 £210,916
£776 £776 £776 £776 £776 £776
£218,140 £218,140 £218,140 £218,140 £218,140 £218,140
£547 £547 £547 £547 £547 £547
£851 £851 £851 £851 £851 £851
£43,628 £43,628 £43,628 £43,628 £43,628 £43,628
£2,098 £2,074 £2,050 £2,025 £2,001 £1,976
£250 £250 £250 £250 £250 £250

£477,205 £477,181 £477,157 £477,133 £477,108 £477,084

Mon 57 Mon 58 Mon 59 Mon 60
£210,916 £210,916 £210,916 £210,916
£776 £776 £776 £776
£218,140 £218,140 £218,140 £218,140
£547 £547 £547 £547
£851 £851 £851 £851
£43,628 £43,628 £43,628 £43,628
£1,952 £1,927 £1,902 £1,877
£250 £250 £250 £250

£477,059 £477,034 £477,009 £476,984

Revenue Inputs
VISA Sponsorship
Fee £10,000
No. of Clients 32
Other Services
Monthly Average Revenue £80,000

Revenue Details Mon 1 Mon 2

Visa Sponsorship
No. of Clients 32 32
Inflatable water park £320,000 £320,000
Other Websites Revenue
Dogzncat.com £125,000 £125,000
Novattione.com £310,000 £310,000
Bettingero.com £61,000 £61,000
Casinoslotguides.com £61,500 £61,500
Traveldealsweb.com £315,000 £315,000
Webdesignrise.com £121,000 £121,000

Total Revenue £1,313,500 £1,313,500

 Mon 3 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8

32 32 32 32 32 32
£320,000 £320,000 £320,000 £320,000 £320,000 £320,000

£125,000 £125,000 £125,000 £125,000 £125,000 £125,000

£310,000 £310,000 £310,000 £310,000 £310,000 £310,000
£61,000 £61,000 £61,000 £61,000 £61,000 £61,000
£61,500 £61,500 £61,500 £61,500 £61,500 £61,500
£315,000 £315,000 £315,000 £315,000 £315,000 £315,000
£121,000 £121,000 £121,000 £121,000 £121,000 £121,000

£1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500

 Mon 9 Mon 10 Mon 11 Mon 12 Mon 13 Mon 14

32 32 32 32 43 43
£320,000 £320,000 £320,000 £320,000 £432,000 £432,000

£125,000 £125,000 £125,000 £125,000 £168,750 £168,750

£310,000 £310,000 £310,000 £310,000 £418,500 £418,500
£61,000 £61,000 £61,000 £61,000 £82,350 £82,350
£61,500 £61,500 £61,500 £61,500 £83,025 £83,025
£315,000 £315,000 £315,000 £315,000 £425,250 £425,250
£121,000 £121,000 £121,000 £121,000 £163,350 £163,350

£1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,773,225 £1,773,225

 Mon 15 Mon 16 Mon 17 Mon 18 Mon 19 Mon 20

43 43 43 43 43 43
£432,000 £432,000 £432,000 £432,000 £432,000 £432,000

£168,750 £168,750 £168,750 £168,750 £168,750 £168,750

£418,500 £418,500 £418,500 £418,500 £418,500 £418,500
£82,350 £82,350 £82,350 £82,350 £82,350 £82,350
£83,025 £83,025 £83,025 £83,025 £83,025 £83,025
£425,250 £425,250 £425,250 £425,250 £425,250 £425,250
£163,350 £163,350 £163,350 £163,350 £163,350 £163,350

£1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225

 Mon 21 Mon 22 Mon 23 Mon 24 Mon 25 Mon 26

43 43 43 43 58 58
£432,000 £432,000 £432,000 £432,000 £583,200 £583,200

£168,750 £168,750 £168,750 £168,750 £227,813 £227,813

£418,500 £418,500 £418,500 £418,500 £564,975 £564,975
£82,350 £82,350 £82,350 £82,350 £111,173 £111,173
£83,025 £83,025 £83,025 £83,025 £112,084 £112,084
£425,250 £425,250 £425,250 £425,250 £574,088 £574,088
£163,350 £163,350 £163,350 £163,350 £220,523 £220,523

£1,773,225 £1,773,225 £1,773,225 £1,773,225 £2,393,854 £2,393,854

 Mon 27 Mon 28 Mon 29 Mon 30 Mon 31 Mon 32

58 58 58 58 58 58
£583,200 £583,200 £583,200 £583,200 £583,200 £583,200

£227,813 £227,813 £227,813 £227,813 £227,813 £227,813

£564,975 £564,975 £564,975 £564,975 £564,975 £564,975
£111,173 £111,173 £111,173 £111,173 £111,173 £111,173
£112,084 £112,084 £112,084 £112,084 £112,084 £112,084
£574,088 £574,088 £574,088 £574,088 £574,088 £574,088
£220,523 £220,523 £220,523 £220,523 £220,523 £220,523

£2,393,854 £2,393,854 £2,393,854 £2,393,854 £2,393,854 £2,393,854

 Mon 33 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38

58 58 58 58 79 79
£583,200 £583,200 £583,200 £583,200 £787,320 £787,320

£227,813 £227,813 £227,813 £227,813 £307,547 £307,547

£564,975 £564,975 £564,975 £564,975 £762,716 £762,716
£111,173 £111,173 £111,173 £111,173 £150,083 £150,083
£112,084 £112,084 £112,084 £112,084 £151,313 £151,313
£574,088 £574,088 £574,088 £574,088 £775,018 £775,018
£220,523 £220,523 £220,523 £220,523 £297,705 £297,705

£2,393,854 £2,393,854 £2,393,854 £2,393,854 £3,231,703 £3,231,703

Mon 39 Mon 40 Mon 41 Mon 42 Mon 43 Mon 44

79 79 79 79 79 79
£787,320 £787,320 £787,320 £787,320 £787,320 £787,320

£307,547 £307,547 £307,547 £307,547 £307,547 £307,547

£762,716 £762,716 £762,716 £762,716 £762,716 £762,716
£150,083 £150,083 £150,083 £150,083 £150,083 £150,083
£151,313 £151,313 £151,313 £151,313 £151,313 £151,313
£775,018 £775,018 £775,018 £775,018 £775,018 £775,018
£297,705 £297,705 £297,705 £297,705 £297,705 £297,705

£3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703

Mon 45 Mon 46 Mon 47 Mon 48 Mon 49 Mon 50

79 79 79 79 106 106
£787,320 £787,320 £787,320 £787,320 £1,062,882 £1,062,882

£307,547 £307,547 £307,547 £307,547 £415,188 £415,188

£762,716 £762,716 £762,716 £762,716 £1,029,667 £1,029,667
£150,083 £150,083 £150,083 £150,083 £202,612 £202,612
£151,313 £151,313 £151,313 £151,313 £204,273 £204,273
£775,018 £775,018 £775,018 £775,018 £1,046,274 £1,046,274
£297,705 £297,705 £297,705 £297,705 £401,902 £401,902

£3,231,703 £3,231,703 £3,231,703 £3,231,703 £4,362,798 £4,362,798

 Mon 51 Mon 52 Mon 53 Mon 54 Mon 55 Mon 56

106 106 106 106 106 106

£1,062,882 £1,062,882 £1,062,882 £1,062,882 £1,062,882 £1,062,882

£415,188 £415,188 £415,188 £415,188 £415,188 £415,188

£1,029,667 £1,029,667 £1,029,667 £1,029,667 £1,029,667 £1,029,667
£202,612 £202,612 £202,612 £202,612 £202,612 £202,612
£204,273 £204,273 £204,273 £204,273 £204,273 £204,273
£1,046,274 £1,046,274 £1,046,274 £1,046,274 £1,046,274 £1,046,274
£401,902 £401,902 £401,902 £401,902 £401,902 £401,902

£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798

 Mon 57 Mon 58 Mon 59 Mon 60

106 106 106 106

£1,062,882 £1,062,882 £1,062,882 £1,062,882

£415,188 £415,188 £415,188 £415,188

£1,029,667 £1,029,667 £1,029,667 £1,029,667
£202,612 £202,612 £202,612 £202,612
£204,273 £204,273 £204,273 £204,273
£1,046,274 £1,046,274 £1,046,274 £1,046,274
£401,902 £401,902 £401,902 £401,902

£4,362,798 £4,362,798 £4,362,798 £4,362,798

Pro Forma Profit and Loss Year 1 Year 2
Total Revenue £15,762,000 £21,278,700
Cost of Sales £6,304,800 £8,511,480
Gross Profit £9,457,200 £12,767,220

Initial Expenses £121,000 £0

Operating Expenses:
Payroll £282,000 £556,200
Sales & Marketing £788,100 £1,063,935
Rent £6,360 £6,996
Supplies £5,400 £5,670
Travelling £8,400 £8,820
Miscellaneous Expenses £157,620 £212,787

Total Expenses £1,368,880 £1,854,408

EBITDA £8,088,320 £10,912,812

Interest Expense £36,316 £33,607

EBTDA £8,052,004 £10,879,205

Depreciation £3,000 £3,000

Earnings before Tax (EBT) £8,049,004 £10,876,205

Tax £2,012,251 £2,719,051

Net Income / (Loss) £6,036,753 £8,157,154

Net Income/Revenue 38.30% 38.33%

 Year 3 Year 4 Year 5
£28,726,245 £38,780,431 £52,353,582
£11,490,498 £15,512,172 £20,941,433
£17,235,747 £23,268,258 £31,412,149

£0 £0 £0 ** EBITDA = Earnings before Interest, Tax and Deprecia

** EBIT = Earnings before Interest and Tax
** EBT = Earnings before Tax
£951,345 £1,579,561 £2,530,988
£1,436,312 £1,939,022 £2,617,679
£7,696 £8,465 £9,312
£5,954 £6,251 £6,564
£9,261 £9,724 £10,210
£287,262 £387,804 £523,536

£2,697,830 £3,930,827 £5,698,288

£14,537,917 £19,337,431 £25,713,861

£30,686 £27,540 £24,149

£14,507,231 £19,309,892 £25,689,712

£3,000 £3,000 £3,000

£14,504,231 £19,306,892 £25,686,712

£3,626,058 £4,826,723 £6,421,678

£10,878,173 £14,480,169 £19,265,034

37.87% 37.34% 36.80%

ore Interest, Tax and Depreciation Allowance
Interest and Tax
Assets and Liabilities Year 1 Year 2
Non-Current Assets
Digital Assets £19,000 £18,000
Furniture & Fixtures £14,250 £13,500
Equipment £7,600 £7,200
Motor Vehicles £11,400 £10,800
Other Long-Term Assets £4,750 £4,500

Current Assets
Cash £6,444,848 £14,567,388

Total Assets £6,501,848 £14,621,388

LIABILITIES AND EQUITY:
LIABILITIES
Accounts Payable
Loan £465,095 £427,481
Total Liabilities £465,095 £427,481
EQUITY
Capital £0 £0
Retained Earnings £0 £6,036,753
Profit or loss balance £6,036,753 £8,157,154
TOTAL EQUITY £6,036,753 £14,193,907
TOTAL LIABILITIES AND EQUITY £6,501,848 £14,621,388

£0 £0
 Year 3 Year 4 Year 5

£17,000 £16,000 £15,000

£12,750 £12,000 £11,250
£6,800 £6,400 £6,000
£10,200 £9,600 £9,000
£4,250 £4,000 £3,750

£25,408,026 £39,847,514 £59,068,475

£25,459,026 £39,895,514 £59,113,475

£386,946 £343,265 £296,192

£386,946 £343,265 £296,192

£0 £0 £0
£14,193,907 £25,072,080 £39,552,249
£10,878,173 £14,480,169 £19,265,034
£25,072,080 £39,552,249 £58,817,283
£25,459,026 £39,895,514 £59,113,475

£0 £0 £0
Particulars Year 1 Year 2 Year 3
Sales-Revenue £15,762,000 £21,278,700 £28,726,245
Variable Cost £2,800,351 £3,782,986 £5,062,370

Contribution £12,961,649 £17,495,714 £23,663,875

Contribution Margin 82.23% 82.22% 82.38%

Fixed Cost:
Total Selling General and Admin Expenses £577,780 £787,473 £1,258,518

Total Fixed Cost £577,780 £787,473 £1,258,518

Break Even Sales £702,609 £957,743 £1,527,750

 Year 4 Year 5
£38,780,431 £52,353,582
£6,765,744 £9,039,357

£32,014,686 £43,314,224
82.55% 82.73%

£1,988,805 £3,077,609

£1,988,805 £3,077,609

£2,409,105 £3,719,883
Particulars Year 1 Year 2
Cash Inflows:
Sales Revenue £15,762,000 £21,278,700
Capital and Loan Proceeds £500,000 £0
Total Inflows £16,262,000 £21,278,700

Cash Outflows:
Initial Expenses £121,000 £0
Cost of Sales £6,304,800 £8,511,480
Payroll £282,000 £556,200
Sales & Marketing £788,100 £1,063,935
Rent £6,360 £6,996
Supplies £5,400 £5,670
Travelling £8,400 £8,820
Miscellaneous Expenses £157,620 £212,787
Tax Paid £2,012,251 £2,719,051
Purchase of Assets £60,000 £0
Loan Repayment £71,221 £71,221

Total Outflows £9,817,152 £13,156,160

Net Cash generated £6,444,848 £8,122,540

Opening Cash Balance £0 £6,444,848

Ending Cash Balance £6,444,848 £14,567,388

£0 £0
 Year 3 Year 4 Year 5

£28,726,245 £38,780,431 £52,353,582

£0 £0 £0
£28,726,245 £38,780,431 £52,353,582

£0 £0 £0
£11,490,498 £15,512,172 £20,941,433
£951,345 £1,579,561 £2,530,988
£1,436,312 £1,939,022 £2,617,679
£7,696 £8,465 £9,312
£5,954 £6,251 £6,564
£9,261 £9,724 £10,210
£287,262 £387,804 £523,536
£3,626,058 £4,826,723 £6,421,678
£0 £0 £0
£71,221 £71,221 £71,221

£17,885,607 £24,340,943 £33,132,620

£10,840,638 £14,439,487 £19,220,962

£14,567,388 £25,408,026 £39,847,514

£25,408,026 £39,847,514 £59,068,475

£0 £0 £0
Pro Forma Profit and Loss Mon 1 Mon 2 Mon 3
Total Revenue £1,313,500 £1,313,500 £1,313,500
Cost of Sales £525,400 £525,400 £525,400
Gross Profit £788,100 £788,100 £788,100

Initial Expenses £121,000 £0 £0

Operating Expenses:
Payroll £23,500 £23,500 £23,500
Sales & Marketing £65,675 £65,675 £65,675
Rent £530 £530 £530
Supplies £450 £450 £450
Travelling £700 £700 £700
Miscellaneous Expenses £13,135 £13,135 £13,135

Total Expenses £224,990 £103,990 £103,990

EBITDA £563,110 £684,110 £684,110

Interest Expense £3,125 £3,107 £3,090

EBTDA £559,985 £681,003 £681,020

Depreciation £250 £250 £250

Earnings before Tax (EBT) £559,735 £680,753 £680,770

Tax £167,688 £167,688 £167,688

Net Income / (Loss) £392,047 £513,065 £513,083

Net Income/Revenue 29.85% 39.06% 39.06%

 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8 Mon 9
£1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500
£525,400 £525,400 £525,400 £525,400 £525,400 £525,400
£788,100 £788,100 £788,100 £788,100 £788,100 £788,100

£0 £0 £0 £0 £0 £0

£23,500 £23,500 £23,500 £23,500 £23,500 £23,500

£65,675 £65,675 £65,675 £65,675 £65,675 £65,675
£530 £530 £530 £530 £530 £530
£450 £450 £450 £450 £450 £450
£700 £700 £700 £700 £700 £700
£13,135 £13,135 £13,135 £13,135 £13,135 £13,135

£103,990 £103,990 £103,990 £103,990 £103,990 £103,990

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£681,038 £681,056 £681,074 £681,092 £681,110 £681,129

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£680,788 £680,806 £680,824 £680,842 £680,860 £680,879

£167,688 £167,688 £167,688 £167,688 £167,688 £167,688

£513,100 £513,118 £513,136 £513,154 £513,173 £513,191

39.06% 39.06% 39.07% 39.07% 39.07% 39.07%

 Mon 10 Mon 11 Mon 12 Mon 13 Mon 14 Mon 15
£1,313,500 £1,313,500 £1,313,500 £1,773,225 £1,773,225 £1,773,225
£525,400 £525,400 £525,400 £709,290 £709,290 £709,290
£788,100 £788,100 £788,100 £1,063,935 £1,063,935 £1,063,935

£0 £0 £0 £0 £0 £0

£23,500 £23,500 £23,500 £45,225 £45,225 £45,225

£65,675 £65,675 £65,675 £88,661 £88,661 £88,661
£530 £530 £530 £583 £583 £583
£450 £450 £450 £473 £473 £473
£700 £700 £700 £735 £735 £735
£13,135 £13,135 £13,135 £17,732 £17,732 £17,732

£103,990 £103,990 £103,990 £153,409 £153,409 £153,409

£684,110 £684,110 £684,110 £910,526 £910,526 £910,526

£2,963 £2,944 £2,926 £2,907 £2,888 £2,869

£681,147 £681,166 £681,184 £907,619 £907,638 £907,657

£250 £250 £250 £250 £250 £250

£680,897 £680,916 £680,934 £907,369 £907,388 £907,407

£167,688 £167,688 £167,688 £226,588 £226,588 £226,588

£513,210 £513,228 £513,247 £680,782 £680,800 £680,820

39.07% 39.07% 39.07% 38.39% 38.39% 38.39%

 Mon 16 Mon 17 Mon 18 Mon 19 Mon 20 Mon 21
£1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225
£709,290 £709,290 £709,290 £709,290 £709,290 £709,290
£1,063,935 £1,063,935 £1,063,935 £1,063,935 £1,063,935 £1,063,935

£0 £0 £0 £0 £0 £0

£45,225 £45,225 £45,225 £45,225 £45,225 £45,225

£88,661 £88,661 £88,661 £88,661 £88,661 £88,661
£583 £583 £583 £583 £583 £583
£473 £473 £473 £473 £473 £473
£735 £735 £735 £735 £735 £735
£17,732 £17,732 £17,732 £17,732 £17,732 £17,732

£153,409 £153,409 £153,409 £153,409 £153,409 £153,409

£910,526 £910,526 £910,526 £910,526 £910,526 £910,526

£2,850 £2,830 £2,811 £2,791 £2,772 £2,752

£907,676 £907,696 £907,715 £907,735 £907,754 £907,774

£250 £250 £250 £250 £250 £250

£907,426 £907,446 £907,465 £907,485 £907,504 £907,524

£226,588 £226,588 £226,588 £226,588 £226,588 £226,588

£680,839 £680,858 £680,877 £680,897 £680,917 £680,936

38.40% 38.40% 38.40% 38.40% 38.40% 38.40%

 Mon 22 Mon 23 Mon 24 Mon 25 Mon 26 Mon 27
£1,773,225 £1,773,225 £1,773,225 £2,393,854 £2,393,854 £2,393,854
£709,290 £709,290 £709,290 £957,542 £957,542 £957,542
£1,063,935 £1,063,935 £1,063,935 £1,436,312 £1,436,312 £1,436,312

£0 £0 £0 £0 £0 £0

£45,225 £45,225 £58,725 £79,279 £79,279 £79,279

£88,661 £88,661 £88,661 £119,693 £119,693 £119,693
£583 £583 £583 £641 £641 £641
£473 £473 £473 £496 £496 £496
£735 £735 £735 £772 £772 £772
£17,732 £17,732 £17,732 £23,939 £23,939 £23,939

£153,409 £153,409 £166,909 £224,819 £224,819 £224,819

£910,526 £910,526 £897,026 £1,211,493 £1,211,493 £1,211,493

£2,732 £2,712 £2,692 £2,672 £2,651 £2,631

£907,794 £907,814 £894,334 £1,208,821 £1,208,842 £1,208,862

£250 £250 £250 £250 £250 £250

£907,544 £907,564 £894,084 £1,208,571 £1,208,592 £1,208,612

£226,588 £226,588 £226,588 £302,171 £302,171 £302,171

£680,956 £680,976 £667,496 £906,400 £906,420 £906,441

38.40% 38.40% 37.64% 37.86% 37.86% 37.87%

 Mon 28 Mon 29 Mon 30 Mon 31 Mon 32 Mon 33
£2,393,854 £2,393,854 £2,393,854 £2,393,854 £2,393,854 £2,393,854
£957,542 £957,542 £957,542 £957,542 £957,542 £957,542
£1,436,312 £1,436,312 £1,436,312 £1,436,312 £1,436,312 £1,436,312

£0 £0 £0 £0 £0 £0

£79,279 £79,279 £79,279 £79,279 £79,279 £79,279

£119,693 £119,693 £119,693 £119,693 £119,693 £119,693
£641 £641 £641 £641 £641 £641
£496 £496 £496 £496 £496 £496
£772 £772 £772 £772 £772 £772
£23,939 £23,939 £23,939 £23,939 £23,939 £23,939

£224,819 £224,819 £224,819 £224,819 £224,819 £224,819

£1,211,493 £1,211,493 £1,211,493 £1,211,493 £1,211,493 £1,211,493

£2,610 £2,589 £2,568 £2,547 £2,526 £2,505

£1,208,883 £1,208,904 £1,208,925 £1,208,946 £1,208,967 £1,208,988

£250 £250 £250 £250 £250 £250

£1,208,633 £1,208,654 £1,208,675 £1,208,696 £1,208,717 £1,208,738

£302,171 £302,171 £302,171 £302,171 £302,171 £302,171

£906,461 £906,482 £906,503 £906,524 £906,545 £906,567

37.87% 37.87% 37.87% 37.87% 37.87% 37.87%

 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38 Mon 39
£2,393,854 £2,393,854 £2,393,854 £3,231,703 £3,231,703 £3,231,703
£957,542 £957,542 £957,542 £1,292,681 £1,292,681 £1,292,681
£1,436,312 £1,436,312 £1,436,312 £1,939,022 £1,939,022 £1,939,022

£0 £0 £0 £0 £0 £0

£79,279 £79,279 £79,279 £131,630 £131,630 £131,630

£119,693 £119,693 £119,693 £161,585 £161,585 £161,585
£641 £641 £641 £705 £705 £705
£496 £496 £496 £521 £521 £521
£772 £772 £772 £810 £810 £810
£23,939 £23,939 £23,939 £32,317 £32,317 £32,317

£224,819 £224,819 £224,819 £327,569 £327,569 £327,569

£1,211,493 £1,211,493 £1,211,493 £1,611,453 £1,611,453 £1,611,453

£2,484 £2,462 £2,440 £2,418 £2,396 £2,374

£1,209,010 £1,209,031 £1,209,053 £1,609,034 £1,609,056 £1,609,078

£250 £250 £250 £250 £250 £250

£1,208,760 £1,208,781 £1,208,803 £1,608,784 £1,608,806 £1,608,828

£302,171 £302,171 £302,171 £402,227 £402,227 £402,227

£906,588 £906,610 £906,631 £1,206,557 £1,206,579 £1,206,601

37.87% 37.87% 37.87% 37.34% 37.34% 37.34%

Mon 40 Mon 41 Mon 42 Mon 43 Mon 44
£3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703
£1,292,681 £1,292,681 £1,292,681 £1,292,681 £1,292,681
£1,939,022 £1,939,022 £1,939,022 £1,939,022 £1,939,022

£0 £0 £0 £0 £0

£131,630 £131,630 £131,630 £131,630 £131,630

£161,585 £161,585 £161,585 £161,585 £161,585
£705 £705 £705 £705 £705
£521 £521 £521 £521 £521
£810 £810 £810 £810 £810
£32,317 £32,317 £32,317 £32,317 £32,317

£327,569 £327,569 £327,569 £327,569 £327,569

£1,611,453 £1,611,453 £1,611,453 £1,611,453 £1,611,453

£2,352 £2,330 £2,307 £2,284 £2,262

£1,609,101 £1,609,123 £1,609,145 £1,609,168 £1,609,191

£250 £250 £250 £250 £250

£1,608,851 £1,608,873 £1,608,895 £1,608,918 £1,608,941

£402,227 £402,227 £402,227 £402,227 £402,227

£1,206,624 £1,206,646 £1,206,669 £1,206,691 £1,206,714

37.34% 37.34% 37.34% 37.34% 37.34%

 Mon 45 Mon 46 Mon 47 Mon 48 Mon 49
£3,231,703 £3,231,703 £3,231,703 £3,231,703 £4,362,798
£1,292,681 £1,292,681 £1,292,681 £1,292,681 £1,745,119
£1,939,022 £1,939,022 £1,939,022 £1,939,022 £2,617,679

£0 £0 £0 £0 £0

£131,630 £131,630 £131,630 £131,630 £210,916

£161,585 £161,585 £161,585 £161,585 £218,140
£705 £705 £705 £705 £776
£521 £521 £521 £521 £547
£810 £810 £810 £810 £851
£32,317 £32,317 £32,317 £32,317 £43,628

£327,569 £327,569 £327,569 £327,569 £474,857

£1,611,453 £1,611,453 £1,611,453 £1,611,453 £2,142,822

£2,239 £2,216 £2,192 £2,169 £2,145

£1,609,214 £1,609,237 £1,609,260 £1,609,284 £2,140,676

£250 £250 £250 £250 £250

£1,608,964 £1,608,987 £1,609,010 £1,609,034 £2,140,426

£402,227 £402,227 £402,227 £402,227 £535,140

£1,206,737 £1,206,760 £1,206,783 £1,206,807 £1,605,286

37.34% 37.34% 37.34% 37.34% 36.79%

 Mon 50 Mon 51 Mon 52 Mon 53 Mon 53
£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798
£1,745,119 £1,745,119 £1,745,119 £1,745,119 £1,745,119
£2,617,679 £2,617,679 £2,617,679 £2,617,679 £2,617,679

£0 £0 £0 £0 £0

£210,916 £210,916 £210,916 £210,916 £210,916

£218,140 £218,140 £218,140 £218,140 £218,140
£776 £776 £776 £776 £776
£547 £547 £547 £547 £547
£851 £851 £851 £851 £851
£43,628 £43,628 £43,628 £43,628 £43,628

£474,857 £474,857 £474,857 £474,857 £474,857

£2,142,822 £2,142,822 £2,142,822 £2,142,822 £2,142,822

£2,122 £2,098 £2,074 £2,050 £2,025

£2,140,700 £2,140,724 £2,140,748 £2,140,772 £2,140,796

£250 £250 £250 £250 £250

£2,140,450 £2,140,474 £2,140,498 £2,140,522 £2,140,546

£535,140 £535,140 £535,140 £535,140 £535,140

£1,605,310 £1,605,334 £1,605,358 £1,605,382 £1,605,406

36.80% 36.80% 36.80% 36.80% 36.80%

 Mon 55 Mon 56 Mon 57 Mon 58 Mon 59
£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798
£1,745,119 £1,745,119 £1,745,119 £1,745,119 £1,745,119
£2,617,679 £2,617,679 £2,617,679 £2,617,679 £2,617,679

£0 £0 £0 £0 £0

£210,916 £210,916 £210,916 £210,916 £210,916

£218,140 £218,140 £218,140 £218,140 £218,140
£776 £776 £776 £776 £776
£547 £547 £547 £547 £547
£851 £851 £851 £851 £851
£43,628 £43,628 £43,628 £43,628 £43,628

£474,857 £474,857 £474,857 £474,857 £474,857

£2,142,822 £2,142,822 £2,142,822 £2,142,822 £2,142,822

£2,001 £1,976 £1,952 £1,927 £1,902

£2,140,821 £2,140,845 £2,140,870 £2,140,895 £2,140,920

£250 £250 £250 £250 £250

£2,140,571 £2,140,595 £2,140,620 £2,140,645 £2,140,670

£535,140 £535,140 £535,140 £535,140 £535,140

£1,605,431 £1,605,455 £1,605,480 £1,605,505 £1,605,530

36.80% 36.80% 36.80% 36.80% 36.80%

 Mon 60
£4,362,798
£1,745,119
£2,617,679

£0

£210,916
£218,140
£776
£547
£851
£43,628

£474,857

£2,142,822

£1,877

£2,140,945

£250

£2,140,695

£535,140

£1,605,555

36.80%
Assets and Liabilities Mon 1 Mon 2 Mon 3
Non-Current Assets
Digital Assets £19,917 £19,833 £19,750
Furniture & Fixtures £14,938 £14,875 £14,813
Equipment £7,967 £7,933 £7,900
Motor Vehicles £11,950 £11,900 £11,850
Other Long-Term Assets £4,979 £4,958 £4,938

Current Assets
Cash £829,487 £1,339,975 £1,850,462

Total Assets £889,237 £1,399,475 £1,909,712

LIABILITIES AND EQUITY:
LIABILITIES
Accounts Payable
Loan £497,190 £494,362 £491,517
Total Liabilities £497,190 £494,362 £491,517
EQUITY
Capital £0 £0 £0
Retained Earnings £0 £392,047 £905,112
Profit or loss balance £392,047 £513,065 £513,083
TOTAL EQUITY £392,047 £905,112 £1,418,195
TOTAL LIABILITIES AND EQUITY £889,237 £1,399,475 £1,909,712

£0 £0 £0
 Mon 4 Mon 5 Mon 6 Mon 7 Mon 8 Mon 9

£19,667 £19,583 £19,500 £19,417 £19,333 £19,250

£14,750 £14,688 £14,625 £14,563 £14,500 £14,438
£7,867 £7,833 £7,800 £7,767 £7,733 £7,700
£11,800 £11,750 £11,700 £11,650 £11,600 £11,550
£4,917 £4,896 £4,875 £4,854 £4,833 £4,813

£2,360,949 £2,871,437 £3,381,924 £3,892,411 £4,402,899 £4,913,386

£2,419,949 £2,930,187 £3,440,424 £3,950,661 £4,460,899 £4,971,136

£488,654 £485,773 £482,874 £479,957 £477,021 £474,068

£488,654 £485,773 £482,874 £479,957 £477,021 £474,068

£0 £0 £0 £0 £0 £0
£1,418,195 £1,931,296 £2,444,414 £2,957,550 £3,470,705 £3,983,877
£513,100 £513,118 £513,136 £513,154 £513,173 £513,191
£1,931,296 £2,444,414 £2,957,550 £3,470,705 £3,983,877 £4,497,068
£2,419,949 £2,930,187 £3,440,424 £3,950,661 £4,460,899 £4,971,136

£0 £0 £0 £0 £0 £0
 Mon 10 Mon 11 Mon 12 Mon 13 Mon 14 Mon 15

£19,167 £19,083 £19,000 £18,917 £18,833 £18,750

£14,375 £14,313 £14,250 £14,188 £14,125 £14,063
£7,667 £7,633 £7,600 £7,567 £7,533 £7,500
£11,500 £11,450 £11,400 £11,350 £11,300 £11,250
£4,792 £4,771 £4,750 £4,729 £4,708 £4,688

£5,423,873 £5,934,361 £6,444,848 £7,122,851 £7,800,855 £8,478,858

£5,481,373 £5,991,611 £6,501,848 £7,179,601 £7,857,355 £8,535,108

£471,095 £468,105 £465,095 £462,067 £459,020 £455,954

£471,095 £468,105 £465,095 £462,067 £459,020 £455,954

£0 £0 £0 £0 £0 £0
£4,497,068 £5,010,278 £5,523,506 £6,036,753 £6,717,534 £7,398,335
£513,210 £513,228 £513,247 £680,782 £680,800 £680,820
£5,010,278 £5,523,506 £6,036,753 £6,717,534 £7,398,335 £8,079,154
£5,481,373 £5,991,611 £6,501,848 £7,179,601 £7,857,355 £8,535,108

£0 £0 £0 £0 £0 £0
 Mon 16 Mon 17 Mon 18 Mon 19 Mon 20 Mon 21

£18,667 £18,583 £18,500 £18,417 £18,333 £18,250

£14,000 £13,938 £13,875 £13,813 £13,750 £13,688
£7,467 £7,433 £7,400 £7,367 £7,333 £7,300
£11,200 £11,150 £11,100 £11,050 £11,000 £10,950
£4,667 £4,646 £4,625 £4,604 £4,583 £4,563

£9,156,861 £9,834,865 £10,512,868 £11,190,871 £11,868,874 £12,546,878

£9,212,861 £9,890,615 £10,568,368 £11,246,121 £11,923,874 £12,601,628

£452,868 £449,764 £446,640 £443,496 £440,333 £437,150

£452,868 £449,764 £446,640 £443,496 £440,333 £437,150

£0 £0 £0 £0 £0 £0
£8,079,154 £8,759,993 £9,440,851 £10,121,728 £10,802,625 £11,483,542
£680,839 £680,858 £680,877 £680,897 £680,917 £680,936
£8,759,993 £9,440,851 £10,121,728 £10,802,625 £11,483,542 £12,164,478
£9,212,861 £9,890,615 £10,568,368 £11,246,121 £11,923,874 £12,601,628

£0 £0 £0 £0 £0 £0
 Mon 22 Mon 23 Mon 24 Mon 25 Mon 26 Mon 27

£18,167 £18,083 £18,000 £17,917 £17,833 £17,750

£13,625 £13,563 £13,500 £13,438 £13,375 £13,313
£7,267 £7,233 £7,200 £7,167 £7,133 £7,100
£10,900 £10,850 £10,800 £10,750 £10,700 £10,650
£4,542 £4,521 £4,500 £4,479 £4,458 £4,438

£13,224,881 £13,902,884 £14,567,388 £15,470,774 £16,374,161 £17,277,547

£13,279,381 £13,957,134 £14,621,388 £15,524,524 £16,427,661 £17,330,797

£433,947 £430,724 £427,481 £424,217 £420,934 £417,630

£433,947 £430,724 £427,481 £424,217 £420,934 £417,630

£0 £0 £0 £0 £0 £0
£12,164,478 £12,845,434 £13,526,410 £14,193,907 £15,100,307 £16,006,727
£680,956 £680,976 £667,496 £906,400 £906,420 £906,441
£12,845,434 £13,526,410 £14,193,907 £15,100,307 £16,006,727 £16,913,168
£13,279,381 £13,957,134 £14,621,388 £15,524,524 £16,427,661 £17,330,797

£0 £0 £0 £0 £0 £0
 Mon 28 Mon 29 Mon 30 Mon 31 Mon 32 Mon 33

£17,667 £17,583 £17,500 £17,417 £17,333 £17,250

£13,250 £13,188 £13,125 £13,063 £13,000 £12,938
£7,067 £7,033 £7,000 £6,967 £6,933 £6,900
£10,600 £10,550 £10,500 £10,450 £10,400 £10,350
£4,417 £4,396 £4,375 £4,354 £4,333 £4,313

£18,180,934 £19,084,320 £19,987,707 £20,891,093 £21,794,480 £22,697,866

£18,233,934 £19,137,070 £20,040,207 £20,943,343 £21,846,480 £22,749,616

£414,305 £410,959 £407,592 £404,205 £400,796 £397,366

£414,305 £410,959 £407,592 £404,205 £400,796 £397,366

£0 £0 £0 £0 £0 £0
£16,913,168 £17,819,629 £18,726,111 £19,632,615 £20,539,139 £21,445,684
£906,461 £906,482 £906,503 £906,524 £906,545 £906,567
£17,819,629 £18,726,111 £19,632,615 £20,539,139 £21,445,684 £22,352,251
£18,233,934 £19,137,070 £20,040,207 £20,943,343 £21,846,480 £22,749,616

£0 £0 £0 £0 £0 £0
 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38 Mon 39

£17,167 £17,083 £17,000 £16,917 £16,833 £16,750

£12,875 £12,813 £12,750 £12,688 £12,625 £12,563
£6,867 £6,833 £6,800 £6,767 £6,733 £6,700
£10,300 £10,250 £10,200 £10,150 £10,100 £10,050
£4,292 £4,271 £4,250 £4,229 £4,208 £4,188

£23,601,253 £24,504,640 £25,408,026 £26,611,317 £27,814,607 £29,017,898

£23,652,753 £24,555,890 £25,459,026 £26,662,067 £27,865,107 £29,068,148

£393,914 £390,441 £386,946 £383,430 £379,891 £376,330

£393,914 £390,441 £386,946 £383,430 £379,891 £376,330

£0 £0 £0 £0 £0 £0
£22,352,251 £23,258,839 £24,165,448 £25,072,080 £26,278,637 £27,485,216
£906,588 £906,610 £906,631 £1,206,557 £1,206,579 £1,206,601
£23,258,839 £24,165,448 £25,072,080 £26,278,637 £27,485,216 £28,691,818
£23,652,753 £24,555,890 £25,459,026 £26,662,067 £27,865,107 £29,068,148

£0 £0 £0 £0 £0 £0
 Mon 40 Mon 41 Mon 42 Mon 43 Mon 44 Mon 45

£16,667 £16,583 £16,500 £16,417 £16,333 £16,250

£12,500 £12,438 £12,375 £12,313 £12,250 £12,188
£6,667 £6,633 £6,600 £6,567 £6,533 £6,500
£10,000 £9,950 £9,900 £9,850 £9,800 £9,750
£4,167 £4,146 £4,125 £4,104 £4,083 £4,062

£30,221,189 £31,424,479 £32,627,770 £33,831,060 £35,034,351 £36,237,642

£30,271,189 £31,474,229 £32,677,270 £33,880,310 £35,083,351 £36,286,392

£372,747 £369,142 £365,514 £361,863 £358,190 £354,493

£372,747 £369,142 £365,514 £361,863 £358,190 £354,493

£0 £0 £0 £0 £0 £0
£28,691,818 £29,898,441 £31,105,087 £32,311,756 £33,518,447 £34,725,161
£1,206,624 £1,206,646 £1,206,669 £1,206,691 £1,206,714 £1,206,737
£29,898,441 £31,105,087 £32,311,756 £33,518,447 £34,725,161 £35,931,898
£30,271,189 £31,474,229 £32,677,270 £33,880,310 £35,083,351 £36,286,392

£0 £0 £0 £0 £0 £0
 Mon 46 Mon 47 Mon 48 Mon 49 Mon 50 Mon 51

£16,167 £16,083 £16,000 £15,917 £15,833 £15,750

£12,125 £12,063 £12,000 £11,938 £11,875 £11,813
£6,467 £6,433 £6,400 £6,367 £6,333 £6,300
£9,700 £9,650 £9,600 £9,550 £9,500 £9,450
£4,042 £4,021 £4,000 £3,979 £3,958 £3,937

£37,440,932 £38,644,223 £39,847,514 £41,449,260 £43,051,007 £44,652,754

£37,489,432 £38,692,473 £39,895,514 £41,497,010 £43,098,507 £44,700,004

£350,774 £347,031 £343,265 £339,475 £335,662 £331,825

£350,774 £347,031 £343,265 £339,475 £335,662 £331,825

£0 £0 £0 £0 £0 £0
£35,931,898 £37,138,659 £38,345,442 £39,552,249 £41,157,535 £42,762,845
£1,206,760 £1,206,783 £1,206,807 £1,605,286 £1,605,310 £1,605,334
£37,138,659 £38,345,442 £39,552,249 £41,157,535 £42,762,845 £44,368,179
£37,489,432 £38,692,473 £39,895,514 £41,497,010 £43,098,507 £44,700,004

£0 £0 £0 £0 £0 £0
 Mon 52 Mon 53 Mon 54 Mon 55 Mon 56 Mon 57

£15,667 £15,583 £15,500 £15,417 £15,333 £15,250

£11,750 £11,688 £11,625 £11,563 £11,500 £11,438
£6,267 £6,233 £6,200 £6,167 £6,133 £6,100
£9,400 £9,350 £9,300 £9,250 £9,200 £9,150
£3,917 £3,896 £3,875 £3,854 £3,833 £3,813

£46,254,501 £47,856,248 £49,457,994 £51,059,741 £52,661,488 £54,263,235

£46,301,501 £47,902,998 £49,504,494 £51,105,991 £52,707,488 £54,308,985

£327,963 £324,078 £320,169 £316,234 £312,276 £308,293

£327,963 £324,078 £320,169 £316,234 £312,276 £308,293

£0 £0 £0 £0 £0 £0
£44,368,179 £45,973,537 £47,578,919 £49,184,326 £50,789,757 £52,395,212
£1,605,358 £1,605,382 £1,605,406 £1,605,431 £1,605,455 £1,605,480
£45,973,537 £47,578,919 £49,184,326 £50,789,757 £52,395,212 £54,000,692
£46,301,501 £47,902,998 £49,504,494 £51,105,991 £52,707,488 £54,308,985

£0 £0 £0 £0 £0 £0
 Mon 58 Mon 59 Mon 60

£15,167 £15,083 £15,000

£11,375 £11,313 £11,250
£6,067 £6,033 £6,000
£9,100 £9,050 £9,000
£3,792 £3,771 £3,750

£55,864,981 £57,466,728 £59,068,475

£55,910,481 £57,511,978 £59,113,475

£304,284 £300,251 £296,192

£304,284 £300,251 £296,192

£0 £0 £0
£54,000,692 £55,606,197 £57,211,727
£1,605,505 £1,605,530 £1,605,555
£55,606,197 £57,211,727 £58,817,283
£55,910,481 £57,511,978 £59,113,475

£0 £0 £0
Particulars Mon 1 Mon 2 Mon 3 Mon 4
Cash Inflows:
Sales Revenue £1,313,500 £1,313,500 £1,313,500 £1,313,500
Capital and Loan Proceeds £500,000 £0 £0 £0
Total Inflows £1,813,500 £1,313,500 £1,313,500 £1,313,500

Cash Outflows:
Initial Expenses £121,000 £0 £0 £0
Cost of Sales £525,400 £525,400 £525,400 £525,400
Payroll £23,500 £23,500 £23,500 £23,500
Sales & Marketing £65,675 £65,675 £65,675 £65,675
Rent £530 £530 £530 £530
Supplies £450 £450 £450 £450
Travelling £700 £700 £700 £700
Miscellaneous Expenses £13,135 £13,135 £13,135 £13,135
Tax Paid £167,688 £167,688 £167,688 £167,688
Purchase of Assets £60,000 £0 £0 £0
Loan Repayment £5,935 £5,935 £5,935 £5,935

Total Outflows £984,013 £803,013 £803,013 £803,013

Net Cash generated £829,487 £510,487 £510,487 £510,487

Opening Cash Balance £0 £829,487 £1,339,975 £1,850,462

Ending Cash Balance £829,487 £1,339,975 £1,850,462 £2,360,949

£0 £0 £0 £0
 Mon 5 Mon 6 Mon 7 Mon 8 Mon 9 Mon 10 Mon 11

£1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500

£0 £0 £0 £0 £0 £0 £0
£1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500 £1,313,500

£0 £0 £0 £0 £0 £0 £0
£525,400 £525,400 £525,400 £525,400 £525,400 £525,400 £525,400
£23,500 £23,500 £23,500 £23,500 £23,500 £23,500 £23,500
£65,675 £65,675 £65,675 £65,675 £65,675 £65,675 £65,675
£530 £530 £530 £530 £530 £530 £530
£450 £450 £450 £450 £450 £450 £450
£700 £700 £700 £700 £700 £700 £700
£13,135 £13,135 £13,135 £13,135 £13,135 £13,135 £13,135
£167,688 £167,688 £167,688 £167,688 £167,688 £167,688 £167,688
£0 £0 £0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935 £5,935 £5,935

£803,013 £803,013 £803,013 £803,013 £803,013 £803,013 £803,013

£510,487 £510,487 £510,487 £510,487 £510,487 £510,487 £510,487

£2,360,949 £2,871,437 £3,381,924 £3,892,411 £4,402,899 £4,913,386 £5,423,873

£2,871,437 £3,381,924 £3,892,411 £4,402,899 £4,913,386 £5,423,873 £5,934,361

£0 £0 £0 £0 £0 £0 £0
 Mon 12 Mon 13 Mon 14 Mon 15 Mon 16 Mon 17

£1,313,500 £1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225

£0 £0 £0 £0 £0 £0
£1,313,500 £1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225

£0 £0 £0 £0 £0 £0
£525,400 £709,290 £709,290 £709,290 £709,290 £709,290
£23,500 £45,225 £45,225 £45,225 £45,225 £45,225
£65,675 £88,661 £88,661 £88,661 £88,661 £88,661
£530 £583 £583 £583 £583 £583
£450 £473 £473 £473 £473 £473
£700 £735 £735 £735 £735 £735
£13,135 £17,732 £17,732 £17,732 £17,732 £17,732
£167,688 £226,588 £226,588 £226,588 £226,588 £226,588
£0 £0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935 £5,935

£803,013 £1,095,222 £1,095,222 £1,095,222 £1,095,222 £1,095,222

£510,487 £678,003 £678,003 £678,003 £678,003 £678,003

£5,934,361 £6,444,848 £7,122,851 £7,800,855 £8,478,858 £9,156,861

£6,444,848 £7,122,851 £7,800,855 £8,478,858 £9,156,861 £9,834,865

£0 £0 £0 £0 £0 £0
 Mon 18 Mon 19 Mon 20 Mon 21 Mon 22 Mon 23

£1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225

£0 £0 £0 £0 £0 £0
£1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225 £1,773,225

£0 £0 £0 £0 £0 £0
£709,290 £709,290 £709,290 £709,290 £709,290 £709,290
£45,225 £45,225 £45,225 £45,225 £45,225 £45,225
£88,661 £88,661 £88,661 £88,661 £88,661 £88,661
£583 £583 £583 £583 £583 £583
£473 £473 £473 £473 £473 £473
£735 £735 £735 £735 £735 £735
£17,732 £17,732 £17,732 £17,732 £17,732 £17,732
£226,588 £226,588 £226,588 £226,588 £226,588 £226,588
£0 £0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935 £5,935

£1,095,222 £1,095,222 £1,095,222 £1,095,222 £1,095,222 £1,095,222

£678,003 £678,003 £678,003 £678,003 £678,003 £678,003

£9,834,865 £10,512,868 £11,190,871 £11,868,874 £12,546,878 £13,224,881

£10,512,868 £11,190,871 £11,868,874 £12,546,878 £13,224,881 £13,902,884

£0 £0 £0 £0 £0 £0
 Mon 24 Mon 25 Mon 26 Mon 27 Mon 28

£1,773,225 £2,393,854 £2,393,854 £2,393,854 £2,393,854

£0 £0 £0 £0 £0
£1,773,225 £2,393,854 £2,393,854 £2,393,854 £2,393,854

£0 £0 £0 £0 £0
£709,290 £957,542 £957,542 £957,542 £957,542
£58,725 £79,279 £79,279 £79,279 £79,279
£88,661 £119,693 £119,693 £119,693 £119,693
£583 £641 £641 £641 £641
£473 £496 £496 £496 £496
£735 £772 £772 £772 £772
£17,732 £23,939 £23,939 £23,939 £23,939
£226,588 £302,171 £302,171 £302,171 £302,171
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£1,108,722 £1,490,467 £1,490,467 £1,490,467 £1,490,467

£664,503 £903,387 £903,387 £903,387 £903,387

£13,902,884 £14,567,388 £15,470,774 £16,374,161 £17,277,547

£14,567,388 £15,470,774 £16,374,161 £17,277,547 £18,180,934

£0 £0 £0 £0 £0
 Mon 29 Mon 30 Mon 31 Mon 32 Mon 33

£2,393,854 £2,393,854 £2,393,854 £2,393,854 £2,393,854

£0 £0 £0 £0 £0
£2,393,854 £2,393,854 £2,393,854 £2,393,854 £2,393,854

£0 £0 £0 £0 £0
£957,542 £957,542 £957,542 £957,542 £957,542
£79,279 £79,279 £79,279 £79,279 £79,279
£119,693 £119,693 £119,693 £119,693 £119,693
£641 £641 £641 £641 £641
£496 £496 £496 £496 £496
£772 £772 £772 £772 £772
£23,939 £23,939 £23,939 £23,939 £23,939
£302,171 £302,171 £302,171 £302,171 £302,171
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£1,490,467 £1,490,467 £1,490,467 £1,490,467 £1,490,467

£903,387 £903,387 £903,387 £903,387 £903,387

£18,180,934 £19,084,320 £19,987,707 £20,891,093 £21,794,480

£19,084,320 £19,987,707 £20,891,093 £21,794,480 £22,697,866

£0 £0 £0 £0 £0
 Mon 34 Mon 35 Mon 36 Mon 37 Mon 38

£2,393,854 £2,393,854 £2,393,854 £3,231,703 £3,231,703

£0 £0 £0 £0 £0
£2,393,854 £2,393,854 £2,393,854 £3,231,703 £3,231,703

£0 £0 £0 £0 £0
£957,542 £957,542 £957,542 £1,292,681 £1,292,681
£79,279 £79,279 £79,279 £131,630 £131,630
£119,693 £119,693 £119,693 £161,585 £161,585
£641 £641 £641 £705 £705
£496 £496 £496 £521 £521
£772 £772 £772 £810 £810
£23,939 £23,939 £23,939 £32,317 £32,317
£302,171 £302,171 £302,171 £402,227 £402,227
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£1,490,467 £1,490,467 £1,490,467 £2,028,412 £2,028,412

£903,387 £903,387 £903,387 £1,203,291 £1,203,291

£22,697,866 £23,601,253 £24,504,640 £25,408,026 £26,611,317

£23,601,253 £24,504,640 £25,408,026 £26,611,317 £27,814,607

£0 £0 £0 £0 £0
 Mon 39 Mon 40 Mon 41 Mon 42 Mon 43

£3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703

£0 £0 £0 £0 £0
£3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703

£0 £0 £0 £0 £0
£1,292,681 £1,292,681 £1,292,681 £1,292,681 £1,292,681
£131,630 £131,630 £131,630 £131,630 £131,630
£161,585 £161,585 £161,585 £161,585 £161,585
£705 £705 £705 £705 £705
£521 £521 £521 £521 £521
£810 £810 £810 £810 £810
£32,317 £32,317 £32,317 £32,317 £32,317
£402,227 £402,227 £402,227 £402,227 £402,227
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£2,028,412 £2,028,412 £2,028,412 £2,028,412 £2,028,412

£1,203,291 £1,203,291 £1,203,291 £1,203,291 £1,203,291

£27,814,607 £29,017,898 £30,221,189 £31,424,479 £32,627,770

£29,017,898 £30,221,189 £31,424,479 £32,627,770 £33,831,060

£0 £0 £0 £0 £0
 Mon 44 Mon 45 Mon 46 Mon 47 Mon 48

£3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703

£0 £0 £0 £0 £0
£3,231,703 £3,231,703 £3,231,703 £3,231,703 £3,231,703

£0 £0 £0 £0 £0
£1,292,681 £1,292,681 £1,292,681 £1,292,681 £1,292,681
£131,630 £131,630 £131,630 £131,630 £131,630
£161,585 £161,585 £161,585 £161,585 £161,585
£705 £705 £705 £705 £705
£521 £521 £521 £521 £521
£810 £810 £810 £810 £810
£32,317 £32,317 £32,317 £32,317 £32,317
£402,227 £402,227 £402,227 £402,227 £402,227
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£2,028,412 £2,028,412 £2,028,412 £2,028,412 £2,028,412

£1,203,291 £1,203,291 £1,203,291 £1,203,291 £1,203,291

£33,831,060 £35,034,351 £36,237,642 £37,440,932 £38,644,223

£35,034,351 £36,237,642 £37,440,932 £38,644,223 £39,847,514

£0 £0 £0 £0 £0
 Mon 49 Mon 50 Mon 51 Mon 52 Mon 53

£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798

£0 £0 £0 £0 £0
£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798

£0 £0 £0 £0 £0
£1,745,119 £1,745,119 £1,745,119 £1,745,119 £1,745,119
£210,916 £210,916 £210,916 £210,916 £210,916
£218,140 £218,140 £218,140 £218,140 £218,140
£776 £776 £776 £776 £776
£547 £547 £547 £547 £547
£851 £851 £851 £851 £851
£43,628 £43,628 £43,628 £43,628 £43,628
£535,140 £535,140 £535,140 £535,140 £535,140
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£2,761,052 £2,761,052 £2,761,052 £2,761,052 £2,761,052

£1,601,747 £1,601,747 £1,601,747 £1,601,747 £1,601,747

£39,847,514 £41,449,260 £43,051,007 £44,652,754 £46,254,501

£41,449,260 £43,051,007 £44,652,754 £46,254,501 £47,856,248

£0 £0 £0 £0 £0
 Mon 54 Mon 55 Mon 56 Mon 57 Mon 58

£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798

£0 £0 £0 £0 £0
£4,362,798 £4,362,798 £4,362,798 £4,362,798 £4,362,798

£0 £0 £0 £0 £0
£1,745,119 £1,745,119 £1,745,119 £1,745,119 £1,745,119
£210,916 £210,916 £210,916 £210,916 £210,916
£218,140 £218,140 £218,140 £218,140 £218,140
£776 £776 £776 £776 £776
£547 £547 £547 £547 £547
£851 £851 £851 £851 £851
£43,628 £43,628 £43,628 £43,628 £43,628
£535,140 £535,140 £535,140 £535,140 £535,140
£0 £0 £0 £0 £0
£5,935 £5,935 £5,935 £5,935 £5,935

£2,761,052 £2,761,052 £2,761,052 £2,761,052 £2,761,052

£1,601,747 £1,601,747 £1,601,747 £1,601,747 £1,601,747

£47,856,248 £49,457,994 £51,059,741 £52,661,488 £54,263,235

£49,457,994 £51,059,741 £52,661,488 £54,263,235 £55,864,981

£0 £0 £0 £0 £0
 Mon 59 Mon 60

£4,362,798 £4,362,798
£0 £0
£4,362,798 £4,362,798

£0 £0
£1,745,119 £1,745,119
£210,916 £210,916
£218,140 £218,140
£776 £776
£547 £547
£851 £851
£43,628 £43,628
£535,140 £535,140
£0 £0
£5,935 £5,935

£2,761,052 £2,761,052

£1,601,747 £1,601,747

£55,864,981 £57,466,728
£57,466,728 £59,068,475

£0 £0
 Inputs
Beta 0.88 http://pages.stern.nyu.edu/~adamodar/New_Home_Pag
Risk free Rate 0.574% http://www.worldgovernmentbonds.com/country/italy/
Market Return 5.50%
Debt £0
Equity £58,817,283
Weight of Equity 100.00%
Weight of Debt 0.00%

Cost of Equity 4.91%

Cost of Debt 5%

WACC 4.91%

Year 0 Year 1
Net Income £6,036,753
Add: Depreciation & Amortization £3,000
Less: Working Capital £0
Less: Capital Expenditures £0
Free Cash Flows £6,039,753

Discount Factor 0.95

Discounted Cash Flows 4.91% -£500,000 £5,757,142

NPV £49,215,061

IRR 1180.03%

Perpetuity Growth Rate 1.25%

PV of Future Cash Flows £49,715,061

PV of Terminal Value £419,587,959

Value of the Company £469,303,020

 amodar/New_Home_Page/datafile/Betas.html
bonds.com/country/italy/

Year 2 Year 3 Year 4 Year 5

£8,157,154 £10,878,173 £14,480,169 £19,265,034
£3,000 £3,000 £3,000 £3,000
£0 £0 £0 £0
£0 £0 £0 £0
£8,160,154 £10,881,173 £14,483,169 £19,268,034

0.91 0.87 0.83 0.79

£7,414,363 £9,424,080 £11,956,790 £15,162,686

 Select a scenario from the list

Base Case
Pro Forma Profit and Loss Year 1 Year 2 Year 3
Total Revenue £15,762,000 £21,278,700 £28,726,245
Cost of Sales £6,304,800 £8,511,480 £11,490,498
Gross Profit £9,457,200 £12,767,220 £17,235,747

Initial Expenses £121,000 £0 £0

Operating Expenses:
Payroll £282,000 £556,200 £951,345
Sales & Marketing £788,100 £1,063,935 £1,436,312
Rent £6,360 £6,996 £7,696
Supplies £5,400 £5,670 £5,954
Travelling £8,400 £8,820 £9,261
Miscellaneous Expenses £157,620 £212,787 £287,262
Interest Expense £36,316 £33,607 £30,686
Depreciation £3,000 £3,000 £3,000
Tax £2,012,251 £2,719,051 £3,626,058

Total Expenses £3,420,447 £4,610,066 £6,357,574

Net Income / (Loss) £12,341,553 £16,668,634 £22,368,671

Net Income/Revenue 78.30% 78.33% 77.87%

 Year 4 Year 5 Base Case 0%
£38,780,431 £52,353,582 Low Case -25%
£15,512,172 £20,941,433 High Case 25%
£23,268,258 £31,412,149

£0 £0

£1,579,561 £2,530,988
£1,939,022 £2,617,679
£8,465 £9,312
£6,251 £6,564
£9,724 £10,210
£387,804 £523,536
£27,540 £24,149
£3,000 £3,000
£4,826,723 £6,421,678

£8,788,090 £12,147,115

£29,992,341 £40,206,467

77.34% 76.80%
Financial Ratios Year 1 Year 2
Gross Margin 60.00% 60.00%
Operating Cost Ratio 8.68% 8.71%
Net Margin Ratio 38.30% 38.33%
Return on Equity 100.00% 57.47%
Return on Assets 92.85% 55.79%
Assets Turnover Ratio (Times) 2.42 1.46
Year 3 Year 4 Year 5
60.00% 60.00% 60.00%
9.39% 10.14% 10.88%
37.87% 37.34% 36.80%
43.39% 36.61% 32.75%
42.73% 36.30% 32.59%
1.13 0.97 0.89
 Use of Proceeds

£500,000

£450,000

£400,000

£350,000

£300,000

£250,000

£200,000

£150,000

£100,000

£50,000

£0
Assets to Fund Expenses to Fund Total Investment

Net Income

£20,000,000

£18,000,000

£16,000,000

£14,000,000

£12,000,000

£10,000,000

£8,000,000

£6,000,000

£4,000,000

£2,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5
 Monthly Revenue
£4,500,000

£4,000,000

£3,500,000

£3,000,000

£2,500,000

£2,000,000

£1,500,000

£1,000,000

£500,000

£0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 3
on on on on on on on on on n n n n n n n n n n n n n n n n n n n n n n n n n n
M M M M M M M M M Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo

Monthly Net Income

£1,800,000

£1,600,000

£1,400,000

£1,200,000

£1,000,000

£800,000

£600,000

£400,000

£200,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on on on on on on on on on on on on on on on on on on
M M M M M M M M M M M M M M M M M M M M
 £200,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on n n n n n n n n n n n n n n n n n
M M M Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo

Yearly Total Assets

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5

Monthly Total Assets

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000
£30,000,000

£20,000,000

£10,000,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on n n n n n n n n n n n n n n n n n
M M M Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo

Break Even Sales

£4,000,000

£3,500,000

£3,000,000

£2,500,000

£2,000,000

£1,500,000

£1,000,000

£500,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5

Yearly Cash Balance

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000
£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5
 Total Revenue

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5

Total Expenses

£6,000,000

£5,000,000

£4,000,000

£3,000,000

£2,000,000

£1,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5
nthly Revenue

28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 53 55 56 57 58 59 60
n on on on on on on on on on on on on on on on on on on on on on on on on on on on on on on on on
M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M M

Monthly Total Expenses

£500,000

£450,000

£400,000

£350,000

£300,000

£250,000

£200,000

£150,000

£100,000

£50,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on on on on on on on on on on on on on on on on on on
M M M M M M M M M M M M M M M M M M M M
 £50,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on n n n n n n n n n n n n n n n n n
M M M Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo

Yearly Total Capital

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5

Monthly Total Capital

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000
£30,000,000

£20,000,000

£10,000,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on n n n n n n n n n n n n n n n n n
M M M Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo

Actual Sales

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000

£10,000,000

£0
Year 1 Year 2 Year 3 Year 4 Year 5

Monthly Cash Balance

£60,000,000

£50,000,000

£40,000,000

£30,000,000

£20,000,000
£40,000,000

£30,000,000

£20,000,000

£10,000,000

£0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58
on on on n n n n n n n n n n n n n n n n n
M M M Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo Mo