Prateek Jain_Cost Sheet

MASTER NAVIGATION - innovateur.co.uk financial modelling freeware

Company / Project Name Details Inputs Outputs Used

Insert Company Name: Soft-tech Ltd. Soft-tech Ltd.

Insert Project Name: Hand-held Device for Shop floor Hand-held Device for Shop floor Version.0.3.4

Inputs Outputs Used

INPUT FINANCIAL INFORMATION (click): Insert Months (three characters) if Wanted - Or Leave

Month 1 (e.g Mar) 1 1 Month

A 1. INSERT Company Name Month 2 2 2 Month

2. Insert Months - or LEAVE Month 3 3 3 Month

B 3. Insert Years - or LEAVE Month 4 4 4 Month

Month 5 5 5 Month

C 4. INSERT DATA in A, B, C, D Month 6 6 6 Month

Month 7 7 7 Month

D Month 8 8 8 Month

Month 9 9 9 Month

VIEW ACCOUNTS / PRINT (click): VIEW GRAPHS / PRINT (click): Month 10 10 10 Month

Month 11 11 11 Month

Month 12 12 12 Month

Year 1 (e.g 2003) Year 1 Year 1 Year

Year 2 Year 2 Year 2 Year

Year 3 Year 3 Year 3 Year

This Freeware is provided in goodfaith - innovateur accepts no liability whatever and by downloading it and using it you agree to this.

Copyright: www.innovateur.co.uk 2003

do not copy - more copies available free

to download directly from innovateur.co.uk

STARTING POSITION

SALES / COST OF SALES / DISTRIBUTION

OPERATING EXPENSES

FINANCE / LOANS / INVESTMENTS GLOSSARY OF TERMS

CASH FLOW SALES & PROFIT

PROFIT & LOSS ACCOUNT CASH BALANCE

BALANCE SHEET KEY RATIOS

For support e-mail us : [email protected]

http://www.innovateur.co.uk/

http://www.innovateur.co.uk/models.html

http://www.innovateur.co.uk/models.html

mailto:[email protected]

(YOU ONY NEED TO FILL WHITE BOXES) SUMMARY & CHECK

NET ASSESTS NET ASSETS -

SUMMARY & CHECK - must balance SHAREHOLDERS FUNDS -

BALANCE SHOULD BE NIL= - You can adjust the profit to ensure above figures match

1. INSERT DATA for 1. through 4.

2. THE BALANCE IN THE SUMMARY TABLE MUST BE ZERO - IF YOUR ENTRIES DO NOT BALANCE TO ZERO AFTER COMPLETING ALL ENTRIES

WE SUGGEST YOU ADJUST THE PROFIT FROM ACTIVITIES SO FAR TO BALANCE THE FIGURES

1. CURRENT ASSETS Bank Cash Balance -

-

- -

2. FIXED ASSETS All Excluding VAT FIXED ASSET COST ANY DEPRECIATION FIXED ASSET VALUE

IT / Office Equipment -

Plant & Machines -

Intangible Assets [Development] -

Other Fixed Assets -

0 - -

3. CURRENT LIABILITIES

-

VAT Creditor (-Debtor) - -

4. FINANCED BY SAHREHOLDERS FUNDS AND LOANS:

SHAREHOLDER INVESTMENT -

LOANS FROM DIRECTORS -

LONG TERM LOANS -

PROFIT / (-LOSS RESERVE) [form activities so far] -

Opening Stocks [exc VAT]

Trade Debtors [Inc VAT]

Creditors & Accruals [Inc VAT]

D22

innovateur.co.uk: If you do have Opening Creditors - INSERT THEM HERE. You will be asked LATER IN THE MODEL to Manually Enter in the 'Cost of Sales' input sheet the PAYMENTS MADE until this opening CREDITOR balance is cleared - the sheet has notes on how to do this when you get to it. THIS IS NOT NECESSARY FOR VAT AS THE OPENING VAT CREDITOR IS TAKEN INTO THE MODEL AUTOMATICALLY.

INPUT SHEET FOR :: SALES / COST OF SALES / S & DISTRIBUTION

SUMMARY Year 1 Year 2 Year 3

SALES (exc VAT) 7,500,000 SUMMARY/MONTH Year 1 Year 2 Year 3

Net SALES RECEIPTS 7,500,000 Monthly Sales 625,000

DEBTORS (inc VAT) - M.Net Sales Receipts 625,000

(YOU ONY NEED TO FILL WHITE BOXES) TO INSERT THE SALES DATA: OPTION: ANNUAL INCREASE Year 1 Year 2 Year 3

1. Insert Sales for first year one month at a time in " Sales / Month " rows (EXCLUDING VAT) Input Annual Sales Increase as %

2(A). - EITHER : Insert a PERCENTAGE Increase in Annual Sales for Year 2 and Year 3 in the corresponding % white boxes

2(B). - OR : Insert Total Annual Sales for Year 2 and Year 3 in the corresponding white boxes

SALES (Including VAT) Year 1 7,500,000 Year 2 Year 3 SALES (Including VAT)

Increase by % 0% Increase by % 0% Year 1 Year 2 Year 3

SALES (Including VAT) Year 1 7,500,000 Year 2 - Year 3 - 7,500,000 - - SALES (Including VAT)

Oct 2 3 4 5 6 7 8 9 10 11 12

SALES (Including VAT) - NET Sales / Month 1,000,000 750,000 750,000 750,000 750,000 600,000 500,000 500,000 500,000 500,000 500,000 400,000 7,500,000 - - SALES (Including VAT)

Opening Debtors Net of VAT - this is the ammount you enetered in the opening position

Payment RECEIVED (IncVAT) - NET Sales Receipts 1,000,000 750,000 750,000 750,000 750,000 600,000 500,000 500,000 500,000 500,000 500,000 400,000 7,500,000 - - Payment RECEIVED (IncVAT)

SALES DEBTORS (inc VAT) - Debtors (inc VAT) - - - - - - - - - - - - - - - SALES DEBTORS (inc VAT)

% of actual value Year 1 Year 2 Year 3 SUMMARY Year 1 Year 2 Year 3

in Contract Value 51% Material 3,825,000 - -

OPENING STOCK - - -

PURCHASES 3,825,000 - -

CLOSING STOCK - - -

COST OF SALES Year 1 51% Year 2 0% Year 3 0% COST OF SALES

Year 1 Year 2 Year 3

COST OF SALES Year 1 Year 2 - Year 3 - 3,825,000 - - COST OF SALES

1 2 3 4 5 6 7 8 9 10 11 12

Material 510,000 382,500 382,500 382,500 382,500 306,000 255,000 255,000 255,000 255,000 255,000 204,000 3,825,000 - - Material

OPENING STOCK POSITION - - - - - - - - - - - - - - - OPENING STOCK POSITION

STOCK PURCHASES (INSERT VALUES) 510,000 382,500 382,500 382,500 382,500 306,000 255,000 255,000 255,000 255,000 255,000 204,000 3,825,000 - - STOCK PURCHASES (INSERT VALUES)

NET PAYMENTS (Also for any OPENING CREDITORS) 510,000 382,500 382,500 382,500 382,500 306,000 255,000 255,000 255,000 3,111,000 - - NET PAYMENTS (Also for any OPENING CREDITORS)

INCREASE/(DECREASE) TO NET CREDITORS 510,000 382,500 382,500 - 127,500 - - 76,500 - 127,500 - 127,500 - 51,000 - - - 51,000 714,000 - - INCREASE/(DECREASE) TO NET CREDITORS

CLOSING STOCK - - - - - - - - - - - - - - - CLOSING STOCK

SALES & DISTRIBUTION Year 1 Year 2 Year 3 SUMMARY Year 1 Year 2 Year 3

COSTS SALES & DISTRIBUTION % SALES & DISTRIBUTION - - -

PAYMENT OF CHARGES - - -

1. Insert SALES & DISTRIBUTION Cost PERCENTAGE (as a % of Sales net of VAT) BALANCING CREDITOR - - -

SUB-CONTRACT PAYOUTS Year 1 0% Year 2 0% Year 3 0% SUB-CONTRACT PAYOUTS

Year 1 Year 2 Year 3

SUB-CONTRACT PAYOUTS Year 1 - Year 2 - Year 3 - - - - SUB-CONTRACT PAYOUTS

1 2 3 4 5 6 7 8 9 10 11 12

SUB-CONTRACT PAYOUTS % - - - - - - - - - - - - - - - SUB-CONTRACT PAYOUTS

SUB-CONTRACT PAYMENT INCL. SERVICE TAX - - - - - - - - - - - - - - - SUB-CONTRACT PAYMENT INCL. SERVICE TAX

INCREASE / (DECREASE) IN NET CREDITORS - - - - - - - - - - - - - - - INCREASE / (DECREASE) IN NET CREDITORS

END

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INSERT SALES DATA

INSERT COST OF SALESINSERT DISTRIBUTION COST

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L10

OPTION: You can enter a % Annual increase here OR enter the totals for Year 2 and 3 manually.

H14

Insert Manually OR Use % Box Above Right To set Back Default: = E14*(1+L10) This will calculate using Annual % Increase

K14

Insert Manually OR Use % Box Above Right To set Back Default: = E14*(1+M10) This will calculate using Annual % Increase

S22

YOU CAN ADJUST THIS AND NEXT PAYMENT FIGURE TO AMEND DEBTORS below

E45

STOCK PURCHASES This is set to automatically take the Cost of Sales for the period as the Purchases - you can insert Purchases manually - but check to ensure your Closing Stock does not go negative.

B47

innovateur.co.uk: ADD TO THIS ANY OPENING CREDITOR PAYMENTS MANUALLY TO THE FORMULA - e.g =E45+20000 if 20,000 of opening creditors is due to be paid this month. This is only necessary until that opening figure is cleared then the model take over.

E47

PAYMENT FOR STOCK PURCHASES This is set to automatically pay for the purchases during the same month as they were made - you can change this by inserting 0 in the first month - this will mean purchases are then paid the following month. OPENING CREDITORS - SUPPLIERS OWED MONEY AT THE START OF THE FORECAST ADD manually to these monthly payments for stock, any payments that should be made to clear monies owed to creditors at the start of the forecast. Add them to the formula for each month you want a payment made until the opening balance is cleared. ADD CREDITOR PAYMENTS MANUALLY TO THE FORMULA - e.g: =E45+20000 if 20,000 of opening creditors is due to be paid this month. This is only necessary until that opening creditor figure, that you inserted in the starting position, is cleared then the model takes over.

E67

This is set to automatically pay for the purchases during the same month as they were made - you can change this by inserting 0 in the first month - this will mean purchases are then paid the following month

INPUT SHEET FOR :: OPERATING EXPENSES

SUMMARY Year 1 Year 2 Year 3 SUMMARY/MONTH Year 1 Year 2 Year 3

ADMINISTRATIVE Net Expenses 3,000,000 - - Monthly Expenses 250,000 - -

EXPENSES Net Payments 2,895,833 - - Monthly Payments 241,319 - -

YearEnd Net Creditor 104,167 104,167 104,167

TO INSERT THE EXPENSES DATA (YOU ONY NEED TO FILL WHITE BOXES) SUMMARY/MONTH Year 1 Year 2 Year 3

1. Insert 1st year Total Expense data in the "Year 1" box - OR Individually month by month Input Annual Cost Increase as % 10% 10%

2(A). - EITHER : Insert a PERCENTAGE Increase in Annual Sales for Year 2 and Year 3 in the corresponding % white boxes

2(B). - OR : Insert Total Annual EXPENSES for Year 2 and Year 3 in the corresponding white boxes

3. Insert VAT (Or GST in USA) Rate - This is currently set at UK level (GST in US) VAT Rate on COSTS 17.50% MASTER ENTRY

VAT RATE ON SALES 17.50% Change if Different - or leave the same

Application development (Engineering) Year 1 1,000,000 Year 2 Year 3 - Application development (Engineering) Application development (Engineering)


Application development (Engineering) Year 1 1,000,000 OR Year 2 - Year 3 - 1,000,000 - -

1 2 3 4 5 6 7 8 9 10 11 12

Application development (Enginee - Expenses / Month 1,000,000 1,000,000 - - Expenses

Application development (Enginee - Payments (Exc VAT) 1,000,000 - - - - - - - - - - 1,000,000 - - Payments

Application development (Enginee - Creditors (Exc VAT) 1,000,000 - - - - - - - - - - - - - - NET Creditors

Consultancy (Expert Opinion) Year 1 750,000 Year 2 Year 3 - Consultancy (Expert Opinion) Consultancy (Expert Opinion)


Consultancy (Expert Opinion) / Year Year 1 750,000 Year 2 - Year 3 - 750,000 - -

1 2 3 4 5 6 7 8 9 10 11 12

Consultancy (Expert Opinion) - Expenses / Month 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 750,000 - - Expenses

Consultancy (Expert Opinion) - Payments 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 750,000 - - Payments

Consultancy (Expert Opinion) - Creditors - - - - - - - - - - - - - - - Creditors

Technology (Parametric) Year 1 750,000 Year 2 Year 3 - Technology (Parametric) Technology (Parametric)


Technology (Parametric) / Year Year 1 750,000 Year 2 - Year 3 - 750,000 - -

1 2 3 4 5 6 7 8 9 10 11 12

Technology (Parametric) - Expenses / Month 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 750,000 - - Expenses

Technology (Parametric) - Payments (Exc VAT) 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 687,500 - - Payments

Technology (Parametric) - Creditors 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 Creditors

Design (Engineering) Year 1 500,000 Year 2 Year 3 - Design (Engineering) Design (Engineering)


Design (Engineering) / Year Year 1 - Year 2 - Year 3 - - - -

1 2 3 4 5 6 7 8 9 10 11 12

Design (Engineering) - Expenses / Month - - - Expenses

Design (Engineering) - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Design (Engineering) - Creditors - - - - - - - - - - - - - - - Creditors

Reference 1 (Analogy) Year 1 500,000 Year 2 Year 3 - Reference 1 (Analogy) Reference 1 (Analogy)


Reference 1 (Analogy) / Year Year 1 500,000 Year 2 - Year 3 - 500,000 - -

1 2 3 4 5 6 7 8 9 10 11 12

Reference 1 (Analogy) - Expenses / Month 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000 - - Expenses

Reference 1 (Analogy) - Payments (Exc VAT) 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 458,333 - - Payments

Reference 1 (Analogy) - Creditors 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 Creditors

Reference 2 ( anology) Year 1 500,000 Year 2 Year 3 - Reference 2 ( anology) Reference 2 ( anology)


Reference 2 ( anology) / Year Year 1 - Year 2 - Year 3 - - - -

1 2 3 4 5 6 7 8 9 10 11 12

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L16

Change if VAT Rates Differ on SALES and COSTS If the Effective Rate of VAT / GST on SALES is different to that on COSTS - Change This Figure - BY DEFAULT IT EQUALS TOP FIGURE

D17

Year One Expenses: Can be entered in to ways: TOTAL FOR YEAR HERE - This is the default - and should be used to input all expenses incurred in the year which do not change materially in a permanent character as a result of a change in operations. Even if you pay your rent six months in advance - if you are not expecting to change offices put the annual total here and adjust the payment months in the 'Payment' row cells - as per the instructions. OR Manually, month-by-month in Expense / Month rows - this should only be used where the character of the operations change - for example, half-way through the year you plan to recruit more staff, or acquire new offices and this needs to be reflected in your forecasts. If you do decide to change the month-by-month cells and then to change back, GOING BACK TO THE DEFAULT REQUIRES YOU TO ENTER THE FORMULAS AGAIN - and each cell should = ' year 1 input cell reference ' /12

G17

EXPENSE TOTAL FOR YEAR 2: IF YOU HAVE STATED A BASIC % ANNUAL INCREASE IN EXPENSES for YEAR 2 on the SET UP PAGE this increases this total is automatically here. To PERMANENTLY CHANGE THE % increase for this Expense alone from the general % you have given enter the different percentage here. To PERMANENTLY change the expense total for YEAR 2 to one NOT based on a percentage change from the previous year, enter THE HARD NUMBER HERE and the percentages below will be permanently ignored.

J17


H18

Expense % Increase on Previous Year: IF YOU HAVE STATED A BASIC % ANNUAL INCREASE IN EXPENSES for YEAR 2 on the SET UP PAGE it is automatically inserted here. To PERMANENTLY CHANGE THE % increase for this Expense alone from the general % you have given enter the different percentage here. To PERMANENTLY change the expense total for YEAR 2 to one NOT based on a percentage change from the previous year, enter the hard figure in the YELLOW box above and the percentages will be permanently ignored.

K18


E23

MONTH BY MONTH HERE - if you do not want to use 1st year total default. To reset the default enter the formula: =$E17/12 in the first cell and copy and copy across until the end of th year

E25

PAYMENTS (EXCLUDING VAT) : these have been set as a default to pay the month after the expense is incurred. The formulas in these cells are not protected so can be changed: If you want to change this: To pay the same month Change the formula to = the ' Expenses / Month' Cell above, and copy across (i.e. for first month: =E25 Then copy that accross for the rest of the year Manual Entry for Other Frequencies You can enter other payment frequencies manually or by entering your own formuala The spredsheet will calculate creditors (or pre-payments which will reduce creitor balaces). NOTE Any historic creditors for this line should be bundled together as Trade Creditors in the OPENING INPUTS sheet.

D29


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K30


E35

Year One Expenses: MONTH BY MONTH HERE - if you do not want to use 1st year default. If you do decide to change the month-by-month cells and then to change back, GOING BACK TO THE DEFAULT REQUIRES YOU TO ENTER THE FORMULAS AGAIN - and each cell should = ' year 1 input cell reference ' /12

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Reference 2 ( anology) - Expenses / Month - - - Expenses

Reference 2 ( anology) - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Reference 2 ( anology) - Creditors - - - - - - - - - - - - - - - Creditors

Account Head 7 Year 1 Year 2 Year 3 - Account Head 7 Account Head 7


Account Head 7 / Year Year 1 - Year 2 - Year 3 - - - -

1 2 3 4 5 6 7 8 9 10 11 12

Account Head 7 - Expenses / Month - - - - - - - - - - - - - - - Expenses

Account Head 7 - Payments (Exc VAT) - - - - - - - - - - - - - - Payments

Account Head 7 - Creditors - - - - - - - - - - - - - - - Creditors




1 2 3 4 5 6 7 8 9 10 11 12

Account Head 8 - Expenses / Month - - - - - - - - - - - - - - Expenses

Account Head 8 - Payments (Exc VAT) - - - - - - - - - - - - - Payments





1 2 3 4 5 6 7 8 9 10 11 12

Account Head 9 - Expenses / Month - - - Expenses






1 2 3 4 5 6 7 8 9 10 11 12







1 2 3 4 5 6 7 8 9 10 11 12







1 2 3 4 5 6 7 8 9 10 11 12







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Account Head 14 Year 1 Year 2 - Year 3 - Account Head 14 Account Head 14



1 2 3 4 5 6 7 8 9 10 11 12







1 2 3 4 5 6 7 8 9 10 11 12







1 2 3 4 5 6 7 8 9 10 11 12







1 2 3 4 5 6 7 8 9 10 11 12







1 2 3 4 5 6 7 8 9 10 11 12




Account Head 19 Year 1 Year 2 Year 3 Account Head 19 Account Head 19

INSERT A PERCENTAGE OF SALES PERCENTAGE OF SALES PERCENTAGE OF SALES Year 1 Year 2 Year 3


1 2 3 4 5 6 7 8 9 10 11 12

Account Head 19 - Expense / Month - - - Expenses

Account Head 19 - 'Payments' (Exc VAT) - - - - - - - - - - - - - - Payments


END

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E167


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innovateur.co.uk: INSERT A BAD DEBT PROVISION AS A PERCENTAGE OF SALES MADE

INPUT SHEET FOR :: FINANCE / LOANS / FIXED ASS

LOAN INTEREST RATE: 12% OVERDRAFT INTEREST RATE: FIXED ASSET DEPRECIATION RATE INTEREST RATE ON CASH SURPLUS:

(YOU ONY NEED TO FILL WHITE BOXES) EQUITY INVESTMENT OPENING BALANCE - LONG TERM LOANS OPENING BALANCE -

NEW EQUITY ADDITIONAL CAPITAL LONG TERM INTEREST RECEIVED LOANS REPAYMENTS LOAN BALANCE DUE

Month 1 - Month 1 - - Month 2 - Month 2 - - Month 3 - Month 3 - - Month 4 - Month 4 - - Month 5 - Month 5 - - Month 6 - Month 6 - - Month 7 - Month 7 - - Month 8 - Month 8 - - Month 9 - Month 9 - - Month 10 - Month 10 - - Month 11 - Month 11 - - Month 12 - Month 12 - -

Year Year 1 - - Year Year 1 - - - - Year Year 2 0 - Year Year 2 - - Year Year 3 0 - Year Year 3 - -

LOANS FROM DIRECTORS DIRECTOR LOANS OPENING BALANCE -

MORE DIRECTOR REPAYMENT DIRECTOR LOANS TO DIRECTORS LOAN BALANCE

Month 1 0 - Month 2 0 - Month 3 0 - Month 4 0 - Month 5 0 - Month 6 0 - Month 7 0 - Month 8 0 - Month 9 0 - Month 10 0 - Month 11 0 - Month 12 0 -

Year Year 1 - - - Year Year 2 0 - Year Year 3 0 -

PURCHASE OF FIXED ASSESTSIT / Office Equipment OPENING BALANCE -

Navigation around Fixed Assets DEPRECIATION 0% Reducing Balance1 FIXED ASSETS 1.2 OPENING PLUS NEW LESS CLOSING VAT 3 FIXED ASSET SUMMARY IT / Office Equipment BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES4 Month 1 - 0 - - -

DEPRECIATION RATE 0% Month 2 - 0 - - - Month 3 - 0 - - -

CASH EXPENDED IN FIXED ASSETS Month 4 - 0 - - - Year Year 1 - Month 5 - 0 - - - Year Year 2 - Month 6 - 0 - - - Year Year 3 - Month 7 - 0 - - -

Month 8 - 0 - - - CLOSING FIXED ASSETS Month 9 - 0 - - -

Year Year 1 - Month 10 - 0 - - - Year Year 2 - Month 11 - 0 - - - Year Year 3 - Month 12 - 0 - - -

DEPRECIATION Year Year 1 - - - - - Year Year 1 - Year Year 2 - 0 - - - Year Year 2 - Year Year 3 - 0 - - -

Year Year 3 -

Plant & Machines OPENING BALANCE - Navigation around Fixed Assets DEPRECIATION 0% Reducing Balance

1 FIXED ASSETS 2.2 OPENING PLUS NEW LESS CLOSING VAT 3 Plant & Machines BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES4 Month 1 - 0 - - -

Month 2 - 0 - - - Month 3 - 0 - - - Month 4 - 0 - - - Month 5 - 0 - - - Month 6 - 0 - - - Month 7 - 0 - - - Month 8 - 0 - - - Month 9 - 0 - - - Month 10 - 0 - - - Month 11 - 0 - - - Month 12 - 0 - - -

Year Year 1 - - - - - Year Year 2 - 0 - - - Year Year 3 - 0 - - -

Intangible Assets [Development] OPENING BALANCE - Navigation around Fixed Assets DEPRECIATION 0% Reducing Balance

1 FIXED ASSETS 3.2 OPENING PLUS NEW LESS CLOSING VAT 3 Intangible Assets [Development] BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES4 Month 1 - 0 - - -



Other Fixed Assets OPENING BALANCE - Navigation around Fixed Assets DEPRECIATION 0% Reducing Balance

1 FIXED ASSETS 4.2 OPENING PLUS NEW LESS CLOSING VAT 3 Other Fixed Assets BALANCE PURCHASES DEPRECIATION BALANCE PURCHASES4 Month 1 - 0 - - -



END

FIXED ASSET PURCHASES & VAT SUMMARY VAT NET GROSS

TOTAL DEPRECIATION - BREAKDOWN BY MONTH & YEAR TOTAL DEPRECIATION SUMMARY Totals PURCHASESPURCHASESMonth 1 - Month 1 - - - Month 2 - Month 2 - - - Month 3 - Month 3 - - - Month 4 - Month 4 - - - Month 5 - Month 5 - - - Month 6 - Month 6 - - - Month 7 - Month 7 - - - Month 8 - Month 8 - - - Month 9 - Month 9 - - - Month 10 - Month 10 - - - Month 11 - Month 11 - - - Month 12 - - Month 12 - - -

Year Year 1 - Year Year 1 - - - Year Year 2 - Year Year 2 - - - Year Year 3 - Year Year 3 - - -

<< Back to Master <<Back BAL SHEET>>

EQUITY RECEIVEDLOANS

DIRECTOR LOANSFIXED ASSETS

OFFICE / ITPLANT & MACHINE

INTANGIBLESOTHER FIXED







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Soft-tech Ltd. PROFIT & LOSS ACCOUNT Hand-held Device for Shop floor

Month Month Month Month Month Month Month Month Month Month Month Month Year Year Year

1 2 3 4 5 6 7 8 9 10 11 12 Year 1 Year 2 Year 3

Sales 1,000,000 750,000 750,000 750,000 750,000 600,000 500,000 500,000 500,000 500,000 500,000 400,000 7,500,000 - -

Cost of Sales 510,000 382,500 382,500 382,500 382,500 306,000 255,000 255,000 255,000 255,000 255,000 204,000 3,825,000 - -

Gross Profit 490,000 367,500 367,500 367,500 367,500 294,000 245,000 245,000 245,000 245,000 245,000 196,000 3,675,000 - -

Administrative Expenses

Application development (Engineering) 1,000,000 - - - - - - - - - - - 1,000,000 - -

Consultancy (Expert Opinion) 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 750,000 - -

Technology (Parametric) 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 750,000 - -

Design (Engineering) - - - - - - - - - - - - - - -

Reference 1 (Analogy) 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 500,000 - -

Reference 2 ( anology) - - - - - - - - - - - - - - -

Account Head 7 - - - - - - - - - - - - - - -

Account Head 8 - - - - - - - - - - - - - - -

Account Head 9 - - - - - - - - - - - - - - -

Account Head 10 - - - - - - - - - - - - - - -

Account Head 11 - - - - - - - - - - - - - - -

Account Head 12 - - - - - - - - - - - - - - -

Account Head 13 - - - - - - - - - - - - - - -

Account Head 14 - - - - - - - - - - - - - - -

Account Head 15 - - - - - - - - - - - - - - -

Account Head 16 - - - - - - - - - - - - - - -

Account Head 17 - - - - - - - - - - - - - - -

Account Head 18 - - - - - - - - - - - - - - -

Account Head 19 - - - - - - - - - - - - - - -

1,166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 3,000,000 - -

Sales & Distribution Costs - - - - - - - - - - - - - - -

Depreciation - - - - - - - - - - - - - - -

Operating Profit (EBIT) - 676,667 200,833 200,833 200,833 200,833 127,333 78,333 78,333 78,333 78,333 78,333 29,333 675,000 - -

Interest Payable

Overdraft Interest (Interest Received) - - - - - - - - - - - - - - -

Loan Interest Payable - - - - - - - - - - - - - - -

Profit Before Corporation Tax - 676,667 200,833 200,833 200,833 200,833 127,333 78,333 78,333 78,333 78,333 78,333 29,333 675,000 - -

Corporation Tax

Net Profit / (Loss) - 676,667 200,833 200,833 200,833 200,833 127,333 78,333 78,333 78,333 78,333 78,333 29,333 675,000 - -

Dividens Payable

Profit to Reserves - 676,667 200,833 200,833 200,833 200,833 127,333 78,333 78,333 78,333 78,333 78,333 29,333 675,000 - -

modelling softwarecopyright innovateur.co.uk 2003

Soft-tech Ltd. BALANCE SHEET Hand-held Device for Shop floor

Opening Month Month Month Month Month Month Month Month Month Month Month Month Year Year Year

Balance 1 2 3 4 5 6 7 8 9 10 11 12 Year 1 Year 2 Year 3

Fixed Assets

IT / Office Equipment - - - - - - - - - - - - - - - -

Plant & Machines - - - - - - - - - - - - - - - -

Intangible Assets [Development] - - - - - - - - - - - - - - - -

Other Fixed Assets - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - -

Current Assets

Cash - 1,112,500 633,854 1,391,604 1,488,708 1,735,625 1,668,042 1,621,208 1,574,375 1,534,917 1,637,896 1,740,875 1,652,417 1,652,417 1,636,346 1,636,346

Trade Debtors - - - - - - - - - - - - - - - -

Stock - - - - - - - - - - - - - - - -

- 1,112,500 633,854 1,391,604 1,488,708 1,735,625 1,668,042 1,621,208 1,574,375 1,534,917 1,637,896 1,740,875 1,652,417 1,652,417 1,636,346 1,636,346

Current Liabilities

Trade Creditors & Accruals - 1,896,646 1,171,083 1,620,521 1,470,708 1,470,708 1,380,821 1,231,008 1,081,196 1,021,271 1,021,271 1,021,271 961,346 961,346 961,346 961,346

VAT Creditor (Debtor) - - 107,479 - 61,396 46,083 92,167 138,250 33,221 57,867 82,513 24,646 49,292 73,938 16,071 16,071 - -

Other Creditors

- 1,789,167 1,109,688 1,666,604 1,562,875 1,608,958 1,414,042 1,288,875 1,163,708 1,045,917 1,070,563 1,095,208 977,417 977,417 961,346 961,346

Net Current Assets - - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000

Total Assets less Current Liabilities - - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000

Long Term Creditors

Long Term Loans - - - - - - - - - - - - - - - -

Loans from Directors - - - - - - - - - - - - - - - -

Other Creditors due after 1 year

- - - - - - - - - - - - - - - -

NET ASSETS - - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000

- - - - - - - - - - - - - - - -

SHAREHOLDERS FUNDS - - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000

Share Capital & Premium - - - - - - - - - - - - - - - -

Profit & Loss Account - - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000


Soft-tech Ltd. CASH FLOW FORECAST Hand-held Device for Shop floor


1 2 3 4 5 6 7 8 9 10 11 12 Year 1 Year 2 Year 3

CASH INFLOWS

Cash from Sales 1,000,000 750,000 750,000 750,000 750,000 600,000 500,000 500,000 500,000 500,000 500,000 400,000 7,500,000 - -

VAT (or GST USA) from Sales 175,000 131,250 131,250 131,250 131,250 105,000 87,500 87,500 87,500 87,500 87,500 70,000 1,312,500 - -

Loans from Directors - - - - - - - - - - - - - - -

Long Term Loans - - - - - - - - - - - - - - -

Share Capital Investment - - - - - - - - - - - - - - -

CASH INFLOW IN PERIOD 1,175,000 881,250 881,250 881,250 881,250 705,000 587,500 587,500 587,500 587,500 587,500 470,000 8,812,500 - -

CASH OUTFLOWS

Financing & Investment

IT / Office Equipment - - - - - - - - - - - - - - -

Plant & Machines - - - - - - - - - - - - - - -

Intangible Assets [Development] - - - - - - - - - - - - - - -

Other Fixed Assets - - - - - - - - - - - - - - -

Purchases for Stock - - - 510,000 382,500 382,500 382,500 382,500 306,000 255,000 255,000 255,000 - 3,111,000 - -

Bank Interest Paid / (Received) - - - - - - - - - - - - - -

Loan Interest Paid - - - - - - - - - - - - - - -

Loan Capital Repayments - - - - - - - - - - - - - - -

Director Loan Repayments - - - - - - - - - - - - - - -

Administrative Expenses

Application development (Engineering) - 1,000,000 - - - - - - - - - - 1,000,000 - -

Consultancy (Expert Opinion) 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 750,000 - -

Technology (Parametric) - 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 62,500 687,500 - -

Design (Engineering) - - - - - - - - - - - - - - -

Reference 1 (Analogy) - 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 41,667 458,333 - -

Reference 2 ( anology) - - - - - - - - - - - - - - -

Account Head 7 - - - - - - - - - - - - - - -

Account Head 8 - - - - - - - - - - - - - - -

Account Head 9 - - - - - - - - - - - - - - -

Account Head 10 - - - - - - - - - - - - - - -

Account Head 11 - - - - - - - - - - - - - - -

Account Head 12 - - - - - - - - - - - - - - -

Account Head 13 - - - - - - - - - - - - - - -

Account Head 14 - - - - - - - - - - - - - - -

Account Head 15 - - - - - - - - - - - - - - -

Account Head 16 - - - - - - - - - - - - - - -

Account Head 17 - - - - - - - - - - - - - - -

Account Head 18 - - - - - - - - - - - - - - -

Account Head 19 - - - - - - - - - - - - - - -

Sales & Distribution Costs - - - - - - - - - - - - - - -

VAT (or GST USA)

VAT in Purchases & Expense Payment 17.50% - 193,229 18,229 107,479 85,167 85,167 85,167 85,167 71,779 62,854 62,854 62,854 919,946 - -

VAT to Customs & Excise - Payment (Refund) - 61,396 138,250 82,513 73,938 233,304 16,071 -

CASH OUTFLOWS IN PERIOD 62,500 1,359,896 123,500 784,146 634,333 772,583 634,333 634,333 626,958 484,521 484,521 558,458 7,160,083 16,071 -

NET CASH FLOWS 1,112,500 - 478,646 757,750 97,104 246,917 - 67,583 - 46,833 - 46,833 - 39,458 102,979 102,979 - 88,458 1,652,417 - 16,071 -

OPENING CASH - 1,112,500 633,854 1,391,604 1,488,708 1,735,625 1,668,042 1,621,208 1,574,375 1,534,917 1,637,896 1,740,875 - 1,652,417 1,636,346

CASH BALANCE 1,112,500 633,854 1,391,604 1,488,708 1,735,625 1,668,042 1,621,208 1,574,375 1,534,917 1,637,896 1,740,875 1,652,417 1,652,417 1,636,346 1,636,346


Soft-tech Ltd. Hand-held Device for Shop floor


1 2 3 4 5 6 7 8 9 10 11 12 Year 1 Year 2 Year 3 -

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

1,800,000

2,000,000

CASH BALANCE

First 12 Months - Then First 3 Years

Soft-tech Ltd. Hand-held Device for Shop floor


1 2 3 4 5 6 7 8 9 10 11 12 Year 1 Year 2 Year 3

-2,000,000

-1,000,000

-

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

SALES & PROFIT

First 12 Months - Then First 3 Years

Soft-tech Ltd. KEY RATIOS Hand-held Device for Shop floor


1 2 3 4 5 6 7 8 9 10 11 12 Year 1 Year 2 Year 3

OPERATING PERFORMANCE RATIOS

GROSS PROFIT MARGIN % 49% 49% 49% 49% 49% 49% 49% 49% 49% 49% 49% 49% 49% 0% 0%

COST OF SALES % 51% 51% 51% 51% 51% 51% 51% 51% 51% 51% 51% 51% 51% 0% 0%

SALES & DISTRIBUTION % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

PROFIT BIT ON SALES % -68% 27% 27% 27% 27% 21% 16% 16% 16% 16% 16% 7% 9% 0% 0%

RETURN ON ASSETS RATIOS

RETURN ON NET ASSESTS 0% 0% 0% 0% 159% 50% 24% 19% 16% 14% 12% 4% 100% 0% 0%

RETURN ON EQUITY 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%

2,380,952 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 6,122,449 - -

BREAK EVEN & CASH CONSUMPTION LEVELS

SALES BREAK EVEN - Exc VAT(exc.capex) 2,380,952 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 340,136 ### 6,122,449 - -

(Assuming COS + Distribution as % of Sales)

CASH BURN RATE - BEFORE SALES 62,500 1,166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 2,895,833 0 0

(Excluding Capital)

CASH BURN RATE - BEFORE SALES 62,500 1,166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 166,667 2,895,833 0 0

(Including Capital)

CASH BURN RATE - INCLUDING SALES -937,500 416,667 -583,333 -583,333 -583,333 -433,333 -333,333 -333,333 -333,333 -333,333 -333,333 -233,333 -4,604,167 0 0

(Including Capital)

SOLVENCY RATIOS

NET CURRENT ASSETS - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000

CURRENT RATIO 0.6 0.6 0.8 1.0 1.1 1.2 1.3 1.4 1.5 1.5 1.6 1.7 1.7 1.7 1.7

NET LIQUID ASSETS - 676,667 - 475,833 - 275,000 - 74,167 126,667 254,000 332,333 410,667 489,000 567,333 645,667 675,000 675,000 675,000 675,000

ACID TEST (Liquidity) 0.6 0.6 0.8 1.0 1.1 1.2 1.3 1.4 1.5 1.5 1.6 1.7 1.7 1.7 1.7

0.6 0.6 0.8 1.0 1.1 1.2 1.3 1.4 1.5 1.5 1.6 1.7 1.7 1.7 1.7

0.6 0.6 0.8 0.9 1.1 1.2 1.3 1.4 1.5 1.6 1.6 1.7 1.7 1.7 1.7

DEPRECIATION POLICY

Fixed Assets are Depreciated at 0% per annum, on a reducing balance basis.


GLOSSARY OUTPUTS:

Glossary of Accounting Terms

Profit & Loss Account

>>Statement of trading performance (excludes assets and liabilities)

Balance Sheet

>>Statement of Assets & Liabilities at a particular point in time

Cash Flow Statement

>>Statement of cash position and the sources and uses of cash during the period

Creditors

>>Money owed by the company to suppliers and others who they have bought goods from (including VAT or GST)

Debtors

>>Money owed TO the company by suppliers and others (includes VAT)

Assets

>>Those things owned by the business >>such as cash, or furniture, or computers or trademarks

Fixed Assets

>>Those assets that are reasonably fixed >>not stock or cash which are consumed regularly

Current Assets

>>Those assets that are reasonably quickly able to be converted into cash (or are cash) stock, debtors,etc.

Liabilities

>>That which is owed by the company to others >>such as overdraft or other debts / commitments

Depreciation

>>Fixed Assets have a finite life >>as they get older they need to be depreciated (as their asset value reduces)

>>This depreciation is charged to the Profit & Loss account and reduced the value of the asset

>>For example, a Computer might have a 3 year life expectancy >>so it is depreciated (reduced in value) over three years to zero

Interest

>>Interest charged on loans and overdrafts, or paid on cash deposits

Equity

Debt

>>Loans from the bank and others made to the company

Director Loans

>>Loans made by directors to the company, or vice-versa

NI

>>National Insurance or Employment Tax >>paid by companies on top of employee salaries

<< Back to Master << P&L << BS <<CASH

>>Investment made into the company in exchange for shares (part ownership). This carries no interest >>owners benefit by sharing profits

VAT / GST

>>Value Added Tax or General Sales Tax >>A tax the company adds to Sales and which it is charge on Supplies.

>>The difference between the tax it charges and the tax it is charged by others is then paid to the Tax Office.

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CHARTS:

Glossary of Accounting Terms

Profit & Loss Account

>>Statement of trading performance (excludes assets and liabilities)

Balance Sheet

>>Statement of Assets & Liabilities at a particular point in time

Cash Flow Statement

>>Statement of cash position and the sources and uses of cash during the period

Creditors

>>Money owed by the company to suppliers and others who they have bought goods from (including VAT or GST)

Debtors

>>Money owed TO the company by suppliers and others (includes VAT)

Assets

>>Those things owned by the business >>such as cash, or furniture, or computers or trademarks

Fixed Assets

>>Those assets that are reasonably fixed >>not stock or cash which are consumed regularly

Current Assets

>>Those assets that are reasonably quickly able to be converted into cash (or are cash) stock, debtors,etc.

Liabilities

>>That which is owed by the company to others >>such as overdraft or other debts / commitments

Depreciation

>>Fixed Assets have a finite life >>as they get older they need to be depreciated (as their asset value reduces)

>>This depreciation is charged to the Profit & Loss account and reduced the value of the asset

>>For example, a Computer might have a 3 year life expectancy >>so it is depreciated (reduced in value) over three years to zero

Interest

>>Interest charged on loans and overdrafts, or paid on cash deposits

Equity

Debt

>>Loans from the bank and others made to the company

Director Loans

>>Loans made by directors to the company, or vice-versa

NI

>>National Insurance or Employment Tax >>paid by companies on top of employee salaries

CASH>> PROFIT>>

>>Investment made into the company in exchange for shares (part ownership). This carries no interest >>owners benefit by sharing profits

VAT / GST

>>Value Added Tax or General Sales Tax >>A tax the company adds to Sales and which it is charge on Supplies.

>>The difference between the tax it charges and the tax it is charged by others is then paid to the Tax Office.

Prateek Jain_Cost Sheet

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Transcript of Prateek Jain_Cost Sheet