New Business

Plan

Accounting II

Istructor : Ms. Atiqa Rehman

Group Members

Azra Nawaz(011)

Munazza Sarfaraz(023)

Samina Tariq(037)

Yusra Sajjad(053)

Zukhruf Malik (060)

Nida Aslam(ss-013)

Introduction

Cafe Ashiyana is a full-benefit easy fine-eating

cafe serving supper seven nights a week. It

prides itself on its menu of new, hand- made

food, legitimately made mixed drinks and

delicious soups, day by day special cocktails,

shakes. Alongside consistency of planning, these

are a portion of the things that have secured

Cafe Ashiyana.

Key to Success

Cafe’s plan that will be both outwardly pulled in

to clients.

Representative preparing to guarantee the best

coffee, tea, milk shakes, and soup preparations

techniques.

Promoting methods expected to assemble a robust

base of steadfast customers, as well as boosting

the offers of high edge items

Slogan

You'll always come back for more.

Mission

Every guest who chooses Cafe

Ashiyana leaves happy

Products

Coffee

Cold Coffee

Hot Coffee

Cream Coffee

Black Coffee

Cappuccino

Tea

Kashmiri tea

Black tea

Milk tea

Green tea

Drinks

Penacolada

Ice tea

Lemonade

Fruity Sangria

Soups

Chicken Noodle soup

Chicken corn soup

Egg drop soup

Hot and Sour soup

Minestrone(italian)

Milk Shakes

Chocolate Shake

Strawberry Shake

Banana Shake

Apple Shake

Mango Shake

Mix Fruit Shake

Icecream Shake

Finance

MANAGER(Azra Nawaz)

Marketing

Manager(Zukhruf Malik)

Operatianal

manager(Samina Tariq)

Accountant(mun

azza sarfaraz)

HRM Manager(Yusra Sajjad)

Treasurer(Nida

Aslam)

Start Up Summary

We have started this business with the capital of 2500000

rupees. Five partners who have invested 500000 each and

we have our own building worth 1000000.

Consultants’ fees of 20000 paid to XYZ company for

help in starting new cafe.

Legal expenses for Obtaining license and permits paid

138000.

Expenses on advertisement through social media, print

media and television totaling. 50000.

Open an account in ABC bank on the name of business

for 500000.

Purchase raw material for 70000

Insurance deposit 10000.

Start up Assets

Start up inventory of costing 70000

Coffee beans

Milk packs

Cream

Tea bags

Spices

Sauces

Eggs

Chocolate

Chocolate syrup

Chicken

Fruits

Vegetables

Corn flour

Corns

Retail supplies(napkins, cleaning)

(Con’d)

Equipment for total amount of 617000

Coffee maker

Juicer/ Blender

Egg beater

Computer for accountant

LCD

Printer

Sound system

Generator

AC

Crockery

Refrigerator and microwave oven

Storage hardware (bins, utensils rack, shelves, food case)

Purchase furniture costing

Other start up expenses including interior designing, gas connection, electricity

connections, and water connection costing .

Salaries Detail

20,000 each Owner

12000 each chef (3

Chefs)

7000 each Waiter (4

Waiters)

5000 for guard (1

Guard)

Total 169,000

Shares DetailsShares Authorised On Sept. 30th

500000 shares .

Out of which Application for 30000

shares has been received.

Devidend is declared at the end of the

year @10% per share.

But No dividend will be issued at the

end of 2014.

Face value of each share is Rs.10

Depriciation Schedule

Janurary 2014Income Statement

Trial Balance

Feburary 2014

Income Statement

Trial balance

March 2014

Income Statement

Trial balance

April 2014

Income Statement

Trial Balance

Months N.I Difference Profit/loss

Jan -190457.9167 -190457.9167 loss

Feb 465937 656394.9167 Profit ↑

March 541796 75859 Profit ↑

April 637667 95871 Profit ↑

Summary Of four Months Profit/Loss

May, June, July, August 2014

Income Statement

Trial Balance

Months N.I Difference Profit/loss

May 639022.2 1355.2 Profit ↓

June 671206.2 32184 Profit ↑

July 701119.2 29913 Profit ↓

Aug 734875.2 33756 Profit ↑

Summary Of four Months Profit/Loss

September, October,November December 2014

Income Statement

Trial Balances

Months N.I Difference Profit/loss

May 639022.2 1355.2 Profit ↓

June 671206.2 32184 Profit ↑

July 701119.2 29913 Profit ↓

Aug 734875.2 33756 Profit ↑

Summary Of four Months Profit/Loss

Statement of comprehensive Income For the Year

31st December 2014

Statement of financial position

As on 31st December 2014

Cash Flow For the year ended 31st Dec. 2014

Conclusion

Net profit at the end of the year is Rs. 7556311.

No dividend is declared for share Holders in this

year,because the business is going to flourish

And now it is in its growth position and all the

profit is used for the growth Of the company.