Integrated Profit and Loss, Balance Sheet & Cash Flow Financial Model For Hotels
Integrated Profit and Loss, Balance Sheet & Cash Flow Financial Model For Hotels
Integrated Profit and Loss, Balance Sheet & Cash Flow Financial Model For Hotels
Business Plan
1. Cells
2. Input Guidance
The two inputs worksheets IP1 and IP2 are the only worksheets that need to be
populated. The individual worksheets allow for input of the following information:
F. Staff-
Costs
related costs
· Name - identifier
· Year 1 – earnings (excluding
F. Staff- employers' PRSI etc)
Costs
related costs · Year 2 - earnings (excluding
employers' PRSI etc)
· Mobile Ph – cellphone costs per
individual (applies both years)
· T&S – travel costs per individual
(applies both years)
For all creditor categories, enter the
percentage split of cashflow payment /
G. Working
Debtors, CoS, Overheads expenditure flows.
Capital A checkbox indicates whether the inputs
per column sum to 100%
For each of the assets, enter the expected
asset life and select the basis of
H. Other depreciation from the drop-down box (viz:
Depreciation
Items Straight Line or Reducing Balance). The
percentage rate of depreciation is
calculated with reference to the asset life
Enter the percentage rates related to
Bank Interest
Overdrafts and Term Loans
The model accommodates two loans and a
financing bank loan – for each, enter:
· Principal - €s
· Term - years
· Rate - percentage
Loans · Residual – zero or other
· Drawdown – date of loan drawdown
· Repayment – date of first payment
of principal (if later than drawdown for
a financing loan)
Section Item Description
The model accommodates up to three
leases – for each, enter:
· Principal - €s
Leases · Term - years
· Interest – €s
· Commences – date of first payment
I. Taxation PAYE / PRSI Enter the applicable payroll taxation rate
Corporation tax Enter the applicable Corporation Tax rate
If the drop-down is set to “On”, all VAT
VAT switch consequences will be calculated. If set to
“Off”, VAT is ignored in the model
VAT Input the VAT rates applicable by category
For Land & Buildings, Fixtures & Fittings,
Office Equipment and Motor Vehicles:
· Input the opening asset values @
J. Assets -
cost
inputs over · Input accumulated depreciation to
Fixed Assets
individual date
months
J. Assets -
inputs over
Fixed Assets
individual
· In the case of any additions to fixed
months
assets in the two years modelled, enter
the book value of the asset added in the
month
Enter added
opening box
balances – note that
opening debtors and creditors will have
Working capital their expiry automatically calculated with
reference to the debtor and creditor
profiles at G
Input for details of existing loans, forming
part of the funding at the beginning of the
plan. Details to input are:
· Principal –original amount
advanced €s
· Term – the original term of the loan
Loans
in years
· Rate – the interest rate pertaining
· Balance – the principal remaining
on the loan as of the date of
commencing the business plan (any
additional interest accrued should be
added to the principal
Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Mth # 1 2 3 4 5 6 7 8 9 10 11
Rooms 3.00% 3.00% 5.00% 9.00% 10.00% 10.00% 13.00% 13.00% 10.00% 9.00% 3.00%
Events 2.00% 2.00% 6.00% 6.00% 12.00% 12.00% 12.00% 12.00% 12.00% 12.00% 2.00%
Sum Check
Rooms 100% 100.0%
Events 100% 100.0%
Dec
12
12.00%
10.00%
A. Settings
DT Development LLC Business name
January First month of financial year
2017 Year of first month of financial year
Available Rooms
# / day Occupancy
Rooms Mon-Thu 75 65%
Fri - Sat 75 65%
Sun 75 60%
Pattern BESPOKE_rooms
Change in rate/room in
second year 10%
Events
# / week Take-up
Events Mon-Thu 2 80%
Fri - Sat 2 50%
Sun 1 45%
Pattern BESPOKE_events
Change in event rates in
second year 10%
F. Staff-related costs
G. Working Capital
H. Other items
Bank Interest
Overdraf %
Existing Term loan %
Leases #1 #2
Principal €
Term Years
Interest €
Commences Month Jan-13 Jan-13
I. Taxation
Taxation
Employers' PRSI %
Corporation tax %
Rate / room
excl VAT - € VAT
80 Tourism
75
70
CoS %age
65%
10%
60%
70%
VAT Pattern
Standard Quarterly_m1
Standard Quarterly_m1
Standard Quarterly_m3
Standard Quarterly_m1
Standard Quarterly_m2
Standard Quarterly_m1
Standard BESPOKE_events
Standard Standard_m1
Standard BESPOKE_events
Standard BESPOKE_rooms
Standard Quarterly_m2
Standard Standard_m1
Standard Quarterly_m2
Standard BESPOKE_rooms
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Half-Year_m1
Standard Standard_m1
Standard Quarterly_m1
Standard Quarterly_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Annual_m1
Standard Annual_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Annual_m2
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard Standard_m1
Standard BESPOKE_events
Standard BESPOKE_events
Standard BESPOKE_events
Standard BESPOKE_events
Standard BESPOKE_events
Standard_m1
Overheads
25%
75%
OK
Rate
4.00%
10.00%
20.00%
20.00%
10.00%
8.00%
Bank
100,000
2.00
0
Jan-13
Mar-13
#3
Jan-13
2013 2014
15.00% 15.00%
12.50% 12.50%
23.00% 23.00%
13.50% 13.50%
9.00% 13.50%
4.80% 4.80%
0.00% 0.00%
0.00% 0.00%
DT Development LLC
J. Assets - inputs over individual months
Opening
Balances Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17
FA Land & Buildings Additions 7,500,000
FA Land & Buildings Depreciation 1,500,000
FA Fixtures & Fittings Additions 1,500,000 475,000
FA Fixtures & Fittings Depreciation 450,000
FA Office Equipment Additions 200,000
FA Office Equipment Depreciation 100,000
FA Motor Vehicles Additions 25,000 40,000
FA Motor Vehicles New leases
FA Motor Vehicles Depreciation 10,000
Cap Capital a/c Additions
WC Trade Debtors Balance 30,000 7,500 3,000 1,500 0
WC Stock Balance
WC Trade Creditors Balance 45,000 33,750 0 0 0
Other Creditors -
WC Overheads Balance 0 0 0 0
Payroll Control
WC Account Balance
PAYE / PRSI Control
WC Account Balance
WC Corporation Tax Balance
WC VAT Balance
WC Cash Balance -20,000
475,000
Sales Value Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
Rooms 40,797 40,797 67,995 122,391 135,990 135,990 176,788 176,788 135,990 122,391 40,797 163,188
Events 2,588 2,588 7,764 7,764 15,528 15,528 15,528 15,528 15,528 15,528 2,588 12,940
Bar 10,000 10,000 30,000 30,000 60,000 60,000 60,000 60,000 60,000 60,000 10,000 50,000
Restaurant 15,000 15,000 45,000 45,000 90,000 90,000 90,000 90,000 90,000 90,000 15,000 75,000
Sales 68,385 68,385 150,759 205,156 301,519 301,519 342,316 342,316 301,519 287,920 68,385 301,129
Cost of Sales
Rooms 4,080 4,080 6,800 12,239 13,599 13,599 17,679 17,679 13,599 12,239 4,080 16,319
Events 1,812 1,812 5,435 5,435 10,870 10,870 10,870 10,870 10,870 10,870 1,812 9,058
Bar 6,500 6,500 19,500 19,500 39,000 39,000 39,000 39,000 39,000 39,000 6,500 32,500
Restaurant 9,000 9,000 27,000 27,000 54,000 54,000 54,000 54,000 54,000 54,000 9,000 45,000
CoS 21,391 21,391 58,734 64,174 117,469 117,469 121,549 121,549 117,469 116,109 21,391 102,877
Sales Value Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Rooms 44,877 44,877 74,795 134,630 149,589 149,589 194,466 194,466 149,589 134,630 44,877 179,507
Events 2,847 2,847 8,541 8,541 17,081 17,081 17,081 17,081 17,081 17,081 2,847 14,234
Bar 11,000 11,000 33,000 33,000 66,000 66,000 66,000 66,000 66,000 66,000 11,000 55,000
Restaurant 15,000 15,000 45,000 45,000 90,000 90,000 90,000 90,000 90,000 90,000 15,000 75,000
Sales 73,724 73,724 161,335 221,171 322,671 322,671 367,547 367,547 322,671 307,712 73,724 323,742
Cost of Sales
Rooms 4,488 4,488 7,479 13,463 14,959 14,959 19,447 19,447 14,959 13,463 4,488 17,951
Events 1,993 1,993 5,978 5,978 11,957 11,957 11,957 11,957 11,957 11,957 1,993 9,964
Bar 7,150 7,150 21,450 21,450 42,900 42,900 42,900 42,900 42,900 42,900 7,150 35,750
Restaurant 9,000 9,000 27,000 27,000 54,000 54,000 54,000 54,000 54,000 54,000 9,000 45,000
CoS 22,630 22,630 61,908 67,891 123,816 123,816 128,303 128,303 123,816 122,320 22,630 108,665
DT Development LLC
Overheads Analysis for the year ending 31-Dec-17
Function Item Group Jan-17 Feb-17 Mar-17
Marketing Wages & Salaries Payroll Control Account 1,667 1,667 1,667
Marketing PAYE / PRSI PAYE / PRSI Control Account 250 250 250
Marketing Advertising Other Creditors - Overheads 1,250 0 0
Marketing Fees / Commissions Other Creditors - Overheads 1,250 0 0
Marketing Merchandising Other Creditors - Overheads 0 0 1,250
Marketing Sales Other Creditors - Overheads 1,250 0 0
Marketing Marketing & Promotion Other Creditors - Overheads 0 1,250 0
Administration Wages & Salaries Payroll Control Account 12,083 12,083 12,083
Administration PAYE / PRSI PAYE / PRSI Control Account 1,813 1,813 1,813
Administration Bank charges Other Creditors - Overheads 250 0 0
Administration Bad Debts Other Creditors - Overheads 149 149 447
Administration Cleaning Other Creditors - Overheads 4,167 4,167 4,167
Administration Contract services Other Creditors - Overheads 400 400 1,200
Administration Credit card costs Other Creditors - Overheads 1,080 1,080 1,800
Administration Dues and subscriptions Other Creditors - Overheads 0 250 0
Administration Information systems Other Creditors - Overheads 833 833 833
Administration Legal fees Other Creditors - Overheads 0 1,250 0
Administration Loss and damage Other Creditors - Overheads 75 75 125
Administration Operating supplies & equip. Other Creditors - Overheads 417 417 417
Administration Postage Other Creditors - Overheads 42 42 42
Administration Printing and stationery Other Creditors - Overheads 208 208 208
Administration Professional fees Other Creditors - Overheads 625 625 625
Administration Security Other Creditors - Overheads 833 833 833
Administration Telecommunications Other Creditors - Overheads 417 417 417
Administration Training and development Other Creditors - Overheads 833 833 833
Administration Travel Other Creditors - Overheads 417 417 417
Administration Uniforms Other Creditors - Overheads 5,000 0 0
Administration Other Other Creditors - Overheads 83 83 83
Utilities Electricity Other Creditors - Overheads 12,500 0 0
Utilities Gas Other Creditors - Overheads 12,500 0 0
Utilities Oil Other Creditors - Overheads 0 0 0
Utilities Water Other Creditors - Overheads 417 417 417
Property-related Rents Other Creditors - Overheads 0 0 0
Property-related Rates Other Creditors - Overheads 7,500 0 0
Property-related Building Insurance Other Creditors - Overheads 11,500 0 0
Operations Wages & Salaries Payroll Control Account 10,417 10,417 10,417
Operations PAYE / PRSI PAYE / PRSI Control Account 1,563 1,563 1,563
Operations Building supplies Other Creditors - Overheads 200 200 200
Operations Electrical & mech. equip. Other Creditors - Overheads 625 625 625
Operations Engineering supplies Other Creditors - Overheads 542 542 542
Operations Furniture Other Creditors - Overheads 0 2,500 0
Operations Grounds and landscaping Other Creditors - Overheads 1,458 1,458 1,458
Operations Heating, vent & a/c equip Other Creditors - Overheads 2,083 2,083 2,083
Operations Kitchen equipment Other Creditors - Overheads 417 417 417
Operations Laundry equipment Other Creditors - Overheads 417 417 417
Operations Life/safety Other Creditors - Overheads 625 625 625
Operations Operating supplies Other Creditors - Overheads 833 833 833
Operations Painting and decorating Other Creditors - Overheads 208 208 208
Operations Removal of waste matter Other Creditors - Overheads 417 417 417
Operations Spa / Wellness Other Creditors - Overheads 542 542 542
Operations Swimming pool Other Creditors - Overheads 4,167 4,167 4,167
Operations Training Other Creditors - Overheads 1,042 1,042 1,042
Operations Vehicle maintenance Other Creditors - Overheads 250 250 250
Rooms / Rest. / E Wages & Salaries Payroll Control Account 22,500 22,500 22,500
Rooms / Rest. / E PAYE / PRSI PAYE / PRSI Control Account 3,375 3,375 3,375
Rooms / Rest. / E Cable/satellite television Other Creditors - Overheads 1,667 1,667 1,667
Rooms / Rest. / E China, Glassware, cutlery Other Creditors - Overheads 400 400 1,200
Rooms / Rest. / E Laundry and dry cleaning Other Creditors - Overheads 200 200 600
Rooms / Rest. / E Licenses Other Creditors - Overheads 20 20 60
Rooms / Rest. / E Linen Other Creditors - Overheads 100 100 300
Rooms / Rest. / E Music and entertainment Other Creditors - Overheads 350 350 1,050
Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667
250 250 250 250 250 250 250 250 250
1,250 0 0 1,250 0 0 1,250 0 0
1,250 0 0 1,250 0 0 1,250 0 0
0 0 1,250 0 0 1,250 0 0 1,250
1,250 0 0 1,250 0 0 1,250 0 0
0 1,250 0 0 1,250 0 0 1,250 0
12,083 12,083 12,083 12,083 12,083 12,083 12,083 12,083 12,083
1,813 1,813 1,813 1,813 1,813 1,813 1,813 1,813 1,813
250 0 0 250 0 0 250 0 0
447 894 894 894 894 894 894 149 745
4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167
1,200 2,400 2,400 2,400 2,400 2,400 2,400 400 2,000
3,240 3,600 3,600 4,680 4,680 3,600 3,240 1,080 4,320
0 250 0 0 250 0 0 250 0
833 833 833 833 833 833 833 833 833
0 1,250 0 0 1,250 0 0 1,250 0
225 250 250 325 325 250 225 75 300
417 417 417 417 417 417 417 417 417
42 42 42 42 42 42 42 42 42
208 208 208 208 208 208 208 208 208
625 625 625 625 625 625 625 625 625
833 833 833 833 833 833 833 833 833
417 417 417 417 417 417 417 417 417
833 833 833 833 833 833 833 833 833
417 417 417 417 417 417 417 417 417
0 0 0 5,000 0 0 0 0 0
83 83 83 83 83 83 83 83 83
12,500 0 0 12,500 0 0 12,500 0 0
12,500 0 0 12,500 0 0 12,500 0 0
0 0 0 0 0 0 0 0 0
417 417 417 417 417 417 417 417 417
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
10,417 10,417 10,417 10,417 10,417 10,417 10,417 10,417 10,417
1,563 1,563 1,563 1,563 1,563 1,563 1,563 1,563 1,563
200 200 200 200 200 200 200 200 200
625 625 625 625 625 625 625 625 625
542 542 542 542 542 542 542 542 542
0 0 0 0 0 0 0 0 0
1,458 1,458 1,458 1,458 1,458 1,458 1,458 1,458 1,458
2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083 2,083
417 417 417 417 417 417 417 417 417
417 417 417 417 417 417 417 417 417
625 625 625 625 625 625 625 625 625
833 833 833 833 833 833 833 833 833
208 208 208 208 208 208 208 208 208
417 417 417 417 417 417 417 417 417
542 542 542 542 542 542 542 542 542
4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167
1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042
250 250 250 250 250 250 250 250 250
22,500 22,500 22,500 22,500 22,500 22,500 22,500 22,500 22,500
3,375 3,375 3,375 3,375 3,375 3,375 3,375 3,375 3,375
1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667
1,200 2,400 2,400 2,400 2,400 2,400 2,400 400 2,000
600 1,200 1,200 1,200 1,200 1,200 1,200 200 1,000
60 120 120 120 120 120 120 20 100
300 600 600 600 600 600 600 100 500
1,050 2,100 2,100 2,100 2,100 2,100 2,100 350 1,750
DT Development LLC
Overheads Analysis for the year ending 31-Dec-18
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18
2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500
375 375 375 375 375 375 375 375 375
1,250 0 0 1,250 0 0 1,250 0 0
1,250 0 0 1,250 0 0 1,250 0 0
0 0 1,250 0 0 1,250 0 0 1,250
1,250 0 0 1,250 0 0 1,250 0 0
0 1,250 0 0 1,250 0 0 1,250 0
12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500 12,500
1,875 1,875 1,875 1,875 1,875 1,875 1,875 1,875 1,875
250 0 0 250 0 0 250 0 0
164 164 491 491 983 983 983 983 983
4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583 4,583
400 400 1,200 1,200 2,400 2,400 2,400 2,400 2,400
1,200 1,200 2,000 3,600 4,000 4,000 5,200 5,200 4,000
0 375 0 0 375 0 0 375 0
833 833 833 833 833 833 833 833 833
0 1,250 0 0 1,250 0 0 1,250 0
150 150 250 450 500 500 650 650 500
417 417 417 417 417 417 417 417 417
42 42 42 42 42 42 42 42 42
208 208 208 208 208 208 208 208 208
625 625 625 625 625 625 625 625 625
833 833 833 833 833 833 833 833 833
417 417 417 417 417 417 417 417 417
833 833 833 833 833 833 833 833 833
417 417 417 417 417 417 417 417 417
5,000 0 0 0 0 0 5,000 0 0
83 83 83 83 83 83 83 83 83
15,000 0 0 15,000 0 0 15,000 0 0
18,750 0 0 18,750 0 0 18,750 0 0
0 0 0 0 0 0 0 0 0
417 417 417 417 417 417 417 417 417
0 0 0 0 0 0 0 0 0
7,500 0 0 0 0 0 0 0 0
25,000 0 0 0 0 0 0 0 0
10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833
1,625 1,625 1,625 1,625 1,625 1,625 1,625 1,625 1,625
200 200 200 200 200 200 200 200 200
625 625 625 625 625 625 625 625 625
542 542 542 542 542 542 542 542 542
0 2,500 0 0 0 0 0 0 0
4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167
4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167
417 417 417 417 417 417 417 417 417
417 417 417 417 417 417 417 417 417
625 625 625 625 625 625 625 625 625
833 833 833 833 833 833 833 833 833
208 208 208 208 208 208 208 208 208
417 417 417 417 417 417 417 417 417
542 542 542 542 542 542 542 542 542
4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167 4,167
1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042 1,042
250 250 250 250 250 250 250 250 250
22,500 22,500 22,500 22,500 22,500 22,500 22,500 22,500 22,500
3,375 3,375 3,375 3,375 3,375 3,375 3,375 3,375 3,375
1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667 1,667
400 400 1,200 1,200 2,400 2,400 2,400 2,400 2,400
200 200 600 600 1,200 1,200 1,200 1,200 1,200
20 20 60 60 120 120 120 120 120
100 100 300 300 600 600 600 600 600
350 350 1,050 1,050 2,100 2,100 2,100 2,100 2,100
Oct-18 Nov-18 Dec-18
2,500 2,500 2,500
375 375 375
1,250 0 0
1,250 0 0
0 0 1,250
1,250 0 0
0 1,250 0
12,500 12,500 12,500
1,875 1,875 1,875
250 0 0
983 164 819
4,583 4,583 4,583
2,400 400 2,000
3,600 1,200 4,800
0 375 0
833 833 833
0 1,250 0
450 150 600
417 417 417
42 42 42
208 208 208
625 625 625
833 833 833
417 417 417
833 833 833
417 417 417
0 0 0
83 83 83
15,000 0 0
18,750 0 0
0 0 0
417 417 417
0 0 0
0 0 0
0 0 0
10,833 10,833 10,833
1,625 1,625 1,625
200 200 200
625 625 625
542 542 542
0 0 0
4,167 4,167 4,167
4,167 4,167 4,167
417 417 417
417 417 417
625 625 625
833 833 833
208 208 208
417 417 417
542 542 542
4,167 4,167 4,167
1,042 1,042 1,042
250 250 250
22,500 22,500 22,500
3,375 3,375 3,375
1,667 1,667 1,667
2,400 400 2,000
1,200 200 1,000
120 20 100
600 100 500
2,100 350 1,750
DT Development LLC
Profit & Loss Account for the year ending: 31-Dec-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
Sales 68,385 68,385 150,759 205,156 301,519 301,519
Cost of Sales (21,391) (21,391) (58,734) (64,174) (117,469) (117,469)
Gross Profit 46,994 46,994 92,025 140,981 184,050 184,050
Overheads
Administration 29,725 25,975 26,343 28,133 31,414 29,914
Marketing 5,667 3,167 3,167 5,667 3,167 3,167
Operations 25,804 28,304 25,804 25,804 25,804 25,804
Property-related 19,000 0 0 0 0 0
Rooms / Rest. / Events 28,612 28,612 30,752 30,752 33,962 33,962
Utilities 25,417 417 417 25,417 417 417
Total Overheads 134,224 86,474 86,482 115,772 94,764 93,264
Lease interest 0 0 0 0 0 0
Loan interest 0 0 0 0 0 0
Bank interest 167 258 1,309 5,041 4,809 4,158
Total interest 167 258 1,309 5,041 4,809 4,158
Taxation 0 0 0 0 0 0
PAT (128,647) (80,877) (40,755) (24,717) 39,691 41,940
DT Development LLC
Profit & Loss Account for the year ending: 31-Dec-18
P&L Page 31
Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17
342,316 342,316 301,519 287,920 68,385 301,129
(121,549) (121,549) (117,469) (116,109) (21,391) (102,877)
220,767 220,767 184,050 171,811 46,994 198,252
0 0 0 0 0 0
0 0 0 0 0 0
3,495 2,744 2,234 1,600 910 1,841
3,495 2,744 2,234 1,600 910 1,841
0 0 0 0 0 0
45,509 76,934 43,469 4,583 (82,806) 59,159
P&L Page 32
P&L Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18
Sales 73,724 73,724 161,335 221,171 322,671 322,671
Cost of Sales (22,630) (22,630) (61,908) (67,891) (123,816) (123,816)
Gross Profit 51,093 51,093 99,427 153,280 198,855 198,855
Overheads
Administration 30,830 27,205 27,608 29,658 33,175 31,550
Marketing 6,625 4,125 4,125 6,625 4,125 4,125
Operations 31,075 33,575 31,075 31,075 31,075 31,075
Property-related 32,500 0 0 0 0 0
Rooms / Rest. / Events 28,612 28,612 30,752 30,752 33,962 33,962
Utilities 34,167 417 417 34,167 417 417
Total Overheads 163,809 93,934 93,976 132,276 102,753 101,128
Lease interest 0 0 0 0 0 0
Loan interest 0 0 0 0 0 0
Bank interest 533 1,442 2,316 1,941 1,716 5,010
Total interest 533 1,442 2,316 1,941 1,716 5,010
Taxation 0 0 0 0 0 0
PAT (158,009) (88,969) (41,480) (25,484) 45,949 44,344
P&L Page 33
Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
367,547 367,547 322,671 307,712 73,724 323,742
(128,303) (128,303) (123,816) (122,320) (22,630) (108,665)
239,244 239,244 198,855 185,392 51,093 215,077
0 0 0 0 0 0
0 0 0 0 0 0
4,325 3,552 2,716 2,049 1,352 2,411
4,325 3,552 2,716 2,049 1,352 2,411
0 0 0 0 0 0
42,630 83,338 46,818 (1,971) (89,774) 64,244
P&L Page 34
DT Development LLC
Balance Sheet for the year ending: 31-Dec-17
Opening Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17
Fixed Assets
Tangible Assets 7,165,000 7,123,750 7,082,611 7,512,621 7,467,735 7,422,950 7,378,261 7,333,666 7,328,495 7,283,412 7,238,414
Current Assets
Stock 0 0 0 0 0 0 0 0 0 0 0
Trade Debtors 30,000 27,203 30,585 56,997 80,520 119,729 134,112 151,336 155,966 146,705 138,216
VAT 0 13,020 15,058 0 0 0 0 0 0 0 0
Cash at hand and in Bank 0 0 0 0 0 0 0 0 0 0 0
30,000 40,224 45,643 56,997 80,520 119,729 134,112 151,336 155,966 146,705 138,216
Current Liabilities
Trade Creditors 45,000 53,484 19,734 54,183 59,201 108,365 108,365 112,129 112,129 108,365 107,111
Other creditors 0 74,314 30,265 30,272 57,292 37,912 36,528 67,806 38,977 36,528 61,772
PAYE / PRSI 0 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000
Overdraf 20,000 30,948 157,029 604,934 577,136 498,921 419,429 329,273 268,038 192,047 109,174
Corporation Tax 0 0 0 0 0 0 0 0 0 0 0
VAT 0 0 0 2,884 5,123 11,410 23,165 8,526 24,240 11,755 15,693
Bank Loan 0 0 0 0 0 0 0 0 0 0 0
Loan Obligations 0 0 0 0 0 0 0 0 0 0 0
Finance Lease Obligations 0 0 0 0 0 0 0 0 0 0 0
65,000 165,745 214,027 699,272 705,752 663,608 594,488 524,734 450,384 355,696 300,750
Net Current Assets / (Liabilities) (35,000) (125,522) (168,385) (642,275) (625,232) (543,880) (460,376) (373,398) (294,418) (208,990) (162,534)
Net Assets / (Liabilities) 7,130,000 6,998,228 6,914,226 6,870,346 6,842,504 6,879,070 6,917,885 6,960,268 7,034,077 7,074,422 7,075,880
BS Page 35
Nov-17 Dec-17
7,193,497 7,148,660
0 0
70,570 111,520
1,463 0
0 0
72,032 111,520
19,734 94,904
27,958 35,745
7,000 7,000
220,889 63,953
0 0
0 12,595
0 0
0 0
0 0
275,581 214,197
(203,549) (102,677)
0 0
0 0
0 0
0 0
6,989,949 7,045,983
BS Page 36
Capital a/c 0 0 0 0 0 0 0 0 0 0 0
Profit and loss account 0 (128,647) (209,524) (250,279) (274,996) (235,305) (193,365) (147,857) (70,923) (27,453) (22,870)
Drawings 0 (3,125) (6,250) (9,375) (12,500) (15,625) (18,750) (21,875) (25,000) (28,125) (31,250)
Reserves 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000 7,130,000
Shareholders Funds 7,130,000 6,998,228 6,914,226 6,870,346 6,842,504 6,879,070 6,917,885 6,960,268 7,034,077 7,074,422 7,075,880
Check 0 0 0 0 0 0 0 0 0 0 0
DT Development LLC
Balance Sheet for the year ending: 31-Dec-18
BS Page 37
0 0
(105,676) (46,517)
(34,375) (37,500)
7,130,000 7,130,000
6,989,949 7,045,983
0 0
BS Page 38
Opening Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18
Fixed Assets
Tangible Assets 7,148,660 7,103,899 7,059,212 7,014,597 6,970,050 7,396,613 7,348,239 7,299,929 7,251,678 7,203,486 7,155,351
Current Assets
Stock 0 0 0 0 0 0 0 0 0 0 0
Trade Debtors 111,520 59,965 47,135 59,514 86,700 128,382 143,692 162,383 167,477 157,290 147,952
VAT 0 18,829 21,586 0 0 0 0 0 0 0 0
Cash at hand and in Bank 0 0 0 0 0 0 0 0 0 0 0
111,520 78,793 68,721 59,514 86,700 128,382 143,692 162,383 167,477 157,290 147,952
Current Liabilities
Trade Creditors 94,904 20,877 20,877 57,110 62,630 114,220 114,220 118,360 118,360 114,220 112,840
Other creditors 35,745 99,838 35,378 35,418 70,749 43,514 42,015 81,544 44,759 42,015 75,271
PAYE / PRSI 7,000 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250
Overdraf 63,953 173,005 277,925 232,902 205,874 601,146 518,987 426,274 325,972 245,921 162,259
Corporation Tax 0 0 0 0 0 0 0 0 0 0 0
VAT 12,595 0 0 2,657 3,207 12,127 24,627 7,671 24,513 12,500 15,034
Bank Loan 0 0 0 0 0 0 0 0 0 0 0
Loan Obligations 0 0 0 0 0 0 0 0 0 0 0
Finance Lease Obligations 0 0 0 0 0 0 0 0 0 0 0
214,197 300,969 341,429 335,337 349,711 778,256 707,099 641,099 520,854 421,907 372,654
Net Current Assets / (Liabilities) (102,677) (222,176) (272,708) (275,823) (263,011) (649,875) (563,407) (478,716) (353,377) (264,617) (224,702)
Net Assets / (Liabilities) 7,045,983 6,881,723 6,786,504 6,738,773 6,707,039 6,746,738 6,784,832 6,821,213 6,898,301 6,938,869 6,930,648
BS Page 39
Nov-18 Dec-18
7,107,269 7,059,241
0 0
75,669 119,862
2,182 0
0 0
77,851 119,862
20,877 100,243
33,072 41,338
7,250 7,250
289,298 124,854
0 0
0 12,801
0 0
0 0
0 0
350,496 286,486
(272,645) (166,623)
0 0
0 0
0 0
0 0
6,834,624 6,892,618
(37,500) (37,500)
(142,608) (78,365)
BS Page 40
Drawings 0 (6,250) (12,500) (18,750) (25,000) (31,250) (37,500) (43,750) (50,000) (56,250) (62,500)
Reserves 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483 7,083,483
Shareholders Funds 7,045,983 6,881,723 6,786,504 6,738,773 6,707,039 6,746,738 6,784,832 6,821,213 6,898,301 6,938,869 6,930,648
Check 0 0 0 0 0 0 0 0 0 0 0
BS Page 41
(68,750) (75,000)
7,083,483 7,083,483
6,834,624 6,892,618
0 0
BS Page 42
DT Development LLC
Cashflow for the year ending: 31-Dec-17
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17
Inflows
Sales Receipts 81,610 75,432 148,287 212,916 310,191 335,016 378,480 391,073 358,660 342,453 146,460
VAT 0 0 15,058 0 0 0 0 0 0 0 0
Bank Debt 0 0 0 0 0 0 0 0 0 0 0
Loans 0 0 0 0 0 0 0 0 0 0 0
Lease Receipts 0 0 0 0 0 0 0 0 0 0 0
Equity 0 0 0 0 0 0 0 0 0 0 0
Total Inflows 81,610 75,432 163,345 212,916 310,191 335,016 378,480 391,073 358,660 342,453 146,460
Outflows
Net Cash Inflow / (Outflow) (10,781) (125,824) (446,596) 32,839 83,024 83,650 93,651 63,979 78,225 84,474 (110,806)
Cash Reconciliation
Opening Balance (20,000) (30,948) (157,029) (604,934) (577,136) (498,921) (419,429) (329,273) (268,038) (192,047) (109,174)
Net Cash Inflow / (Outflow) (10,781) (125,824) (446,596) 32,839 83,024 83,650 93,651 63,979 78,225 84,474 (110,806)
Overdraf Interest (167) (258) (1,309) (5,041) (4,809) (4,158) (3,495) (2,744) (2,234) (1,600) (910)
Cash Page 43
Dec-17
306,810
0
0
0
0
0
306,810
0
51,368
39,873
46,667
7,000
3,125
0
0
0
0
0
0
148,033
158,777
(220,889)
158,777
(1,841)
Cash Page 44
Closing Balance (30,948) (157,029) (604,934) (577,136) (498,921) (419,429) (329,273) (268,038) (192,047) (109,174) (220,889)
DT Development LLC
Cashflow for the year ending: 31-Dec-18
Cash Page 45
(63,953)
Cash Page 46
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18
Inflows
Sales Receipts 136,547 97,821 174,683 227,790 332,442 358,813 406,368 419,966 384,311 366,484 157,275
VAT 0 0 21,586 0 0 0 0 0 0 0 0
Bank Debt 0 0 0 0 0 0 0 0 0 0 0
Loans 0 0 0 0 0 0 0 0 0 0 0
Lease Receipts 0 0 0 0 0 0 0 0 0 0 0
Equity 0 0 0 0 0 0 0 0 0 0 0
Total Inflows 136,547 97,821 196,269 227,790 332,442 358,813 406,368 419,966 384,311 366,484 157,275
Outflows
Net Cash Inflow / (Outflow) (108,519) (103,478) 47,338 28,969 (393,556) 87,168 97,038 103,855 82,767 85,712 (125,686)
Cash Reconciliation
Opening Balance (63,953) (173,005) (277,925) (232,902) (205,874) (601,146) (518,987) (426,274) (325,972) (245,921) (162,259)
Net Cash Inflow / (Outflow) (108,519) (103,478) 47,338 28,969 (393,556) 87,168 97,038 103,855 82,767 85,712 (125,686)
Overdraf Interest (533) (1,442) (2,316) (1,941) (1,716) (5,010) (4,325) (3,552) (2,716) (2,049) (1,352)
Closing Balance (173,005) (277,925) (232,902) (205,874) (601,146) (518,987) (426,274) (325,972) (245,921) (162,259) (289,298)
Cash Page 47
Dec-18
329,830
0
0
0
0
0
329,830
0
54,291
46,851
48,333
7,250
6,250
0
0
0
0
0
0
162,976
166,854
(289,298)
166,854
(2,411)
(124,854)
Cash Page 48
DT Development LLC Profit & Loss 2017 2018 Cashflow 2017 2018
€'000 €'000 €'000 €'000
Sales 2,739.3 2,938.2 Opening balance -20.0 -35.4
Cost of Sales -1,001.6 -1,056.7
Gross Profit 1,737.7 1,881.5 Inflows 3,102.4 3,413.9
Overheads -1,224.3 -1,366.1
Current Assets 111.5 119.9 Working Capital: Sales Revenue -3.7% -5.7%
Current Liabilities -214.2 -286.5 Debtors : Creditors Ratio 0.52 0.42
€400
€200
€0
Cashflow - '000
-€200
-€400
-€600
-€800
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 N
Date Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17
In 81.6 75.4 163.3 212.9 310.2 335.0 378.5 391.1 358.7
Out (92.4) (201.3) (609.9) (180.1) (227.2) (251.4) (284.8) (327.1) (280.4)
Period (10.8) (125.8) (446.6) 32.8 83.0 83.6 93.7 64.0 78.2
Date Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18
In 136.5 97.8 196.3 227.8 332.4 358.8 406.4 420.0 384.3
Out (245.1) (201.3) (148.9) (198.8) (726.0) (271.6) (309.3) (316.1) (301.5)
Cum (108.5) (103.5) 47.3 29.0 (393.6) 87.2 97.0 103.9 82.8
pr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Depreciation
Opening Balance 1,500,000 1,500,000 1,525,000 1,550,000 1,575,000 1,600,000 1,625,000 1,650,000
Charge for the period 25,000 25,000 25,000 25,000 25,000 25,000 25,000
Closing Balance 1,500,000 1,525,000 1,550,000 1,575,000 1,600,000 1,625,000 1,650,000 1,675,000
NBV 6,000,000 5,975,000 5,950,000 5,925,000 5,900,000 5,875,000 5,850,000 5,825,000
Depreciation
Opening Balance 450,000 450,000 462,500 475,000 491,458 507,917 524,375 540,833
Charge for the period 12,500 12,500 16,458 16,458 16,458 16,458 16,458
Closing Balance 450,000 462,500 475,000 491,458 507,917 524,375 540,833 557,292
Office Equipment
At Cost
Opening Balance 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Additions 0 0 0 0 0 0 0
Closing Balance 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
Depreciation
Opening Balance 100,000 100,000 103,333 106,556 109,670 112,681 115,592 118,406
Balances Page 55
Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18
7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000
0 0 0 0 0 0 0 0 0 0
7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000
1,675,000 1,700,000 1,725,000 1,750,000 1,775,000 1,800,000 1,825,000 1,850,000 1,875,000 1,900,000
25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
1,700,000 1,725,000 1,750,000 1,775,000 1,800,000 1,825,000 1,850,000 1,875,000 1,900,000 1,925,000
5,800,000 5,775,000 5,750,000 5,725,000 5,700,000 5,675,000 5,650,000 5,625,000 5,600,000 5,575,000
1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000
0 0 0 0 0 0 0 0 0 475,000
1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 1,975,000 2,450,000
557,292 573,750 590,208 606,667 623,125 639,583 656,042 672,500 688,958 705,417
16,458 16,458 16,458 16,458 16,458 16,458 16,458 16,458 16,458 20,417
573,750 590,208 606,667 623,125 639,583 656,042 672,500 688,958 705,417 725,833
1,401,250 1,384,792 1,368,333 1,351,875 1,335,417 1,318,958 1,302,500 1,286,042 1,269,583 1,724,167
200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
0 0 0 0 0 0 0 0 0 0
200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000
121,125 123,755 126,296 128,753 131,128 133,424 135,643 137,788 139,862 141,866
Balances Page 56
Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Balances Page 57
Charge for the period 3,333 3,222 3,115 3,011 2,911 2,814 2,720
Closing Balance 100,000 103,333 106,556 109,670 112,681 115,592 118,406 121,125
Motor Vehicles
At Cost
Opening Balance 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
Additions 0 0 0 0 0 0 0
New leases 0 0 0 0 0 0 0
Closing Balance 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
Depreciation
Opening Balance 10,000 10,000 10,417 10,833 11,250 11,667 12,083 12,500
Charge for the period 417 417 417 417 417 417 417
Closing Balance 10,000 10,417 10,833 11,250 11,667 12,083 12,500 12,917
Depreciation
Opening Balance 2,060,000 2,060,000 2,101,250 2,142,389 2,187,379 2,232,265 2,277,050 2,321,739
Charge for the period 0 41,250 41,139 44,990 44,886 44,786 44,689 44,595
Closing Balance 2,060,000 2,101,250 2,142,389 2,187,379 2,232,265 2,277,050 2,321,739 2,366,334
Current Assets
Trade Debtors
Opening Balance 30,000 30,000 27,203 30,585 56,997 80,520 119,729 134,112
Balances Page 58
2,629 2,542 2,457 2,375 2,296 2,219 2,145 2,074 2,005 1,938
123,755 126,296 128,753 131,128 133,424 135,643 137,788 139,862 141,866 143,804
76,245 73,704 71,247 68,872 66,576 64,357 62,212 60,138 58,134 56,196
25,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000
40,000 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000 65,000
12,917 14,000 15,083 16,167 17,250 18,333 19,417 20,500 21,583 22,667
1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083 1,083
14,000 15,083 16,167 17,250 18,333 19,417 20,500 21,583 22,667 23,750
51,000 49,917 48,833 47,750 46,667 45,583 44,500 43,417 42,333 41,250
9,700,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000
40,000 0 0 0 0 0 0 0 0 475,000
9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 9,740,000 10,215,000
2,366,334 2,411,505 2,456,588 2,501,586 2,546,503 2,591,340 2,636,101 2,680,788 2,725,403 2,769,950
45,171 45,083 44,998 44,917 44,837 44,761 44,687 44,615 44,546 48,438
2,411,505 2,456,588 2,501,586 2,546,503 2,591,340 2,636,101 2,680,788 2,725,403 2,769,950 2,818,387
7,328,495 7,283,412 7,238,414 7,193,497 7,148,660 7,103,899 7,059,212 7,014,597 6,970,050 7,396,613
151,336 155,966 146,705 138,216 70,570 111,520 59,965 47,135 59,514 86,700
Balances Page 59
1,873 1,811 1,750 1,692 1,636 1,581 1,528
145,677 147,488 149,238 150,931 152,566 154,147 155,676
Balances Page 60
Sales 68,385 68,385 150,759 205,156 301,519 301,519 342,316
VAT 10,428 10,428 23,940 31,284 47,880 47,880 53,388
Receipts (81,610) (75,432) (148,287) (212,916) (310,191) (335,016) (378,480)
Closing Balance 30,000 27,203 30,585 56,997 80,520 119,729 134,112 151,336
Stock
Opening Stock 0 0 0 0 0 0 0 0
Closing Stock 0 0 0 0 0 0 0 0
Trade Creditors
Opening Balance 45,000 45,000 53,484 19,734 54,183 59,201 108,365 108,365
Purchases 21,391 21,391 58,734 64,174 117,469 117,469 121,549
VAT 0 4,920 4,920 13,509 14,760 27,018 27,018 27,956
Payments (17,828) (60,061) (37,794) (73,916) (95,322) (144,487) (145,741)
Closing Balance 45,000 53,484 19,734 54,183 59,201 108,365 108,365 112,129
Balances Page 61
342,316 301,519 287,920 68,385 301,129 73,724 73,724 161,335 221,171 322,671
53,388 47,880 46,044 10,428 46,632 11,268 11,268 25,727 33,804 51,453
(391,073) (358,660) (342,453) (146,460) (306,810) (136,547) (97,821) (174,683) (227,790) (332,442)
155,966 146,705 138,216 70,570 111,520 59,965 47,135 59,514 86,700 128,382
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
112,129 112,129 108,365 107,111 19,734 94,904 20,877 20,877 57,110 62,630
121,549 117,469 116,109 21,391 102,877 22,630 22,630 61,908 67,891 123,816
27,956 27,018 26,705 4,920 23,662 5,205 5,205 14,239 15,615 28,478
(149,505) (148,250) (144,069) (113,688) (51,368) (101,863) (27,835) (39,913) (77,987) (100,703)
112,129 108,365 107,111 19,734 94,904 20,877 20,877 57,110 62,630 114,220
67,806 38,977 36,528 61,772 27,958 35,745 99,838 35,378 35,418 70,749
42,252 39,597 66,962 30,307 38,748 108,225 38,350 38,393 76,693 47,170
9,718 9,107 15,401 6,971 8,912 24,892 8,821 8,830 17,639 10,849
(80,798) (51,153) (57,119) (71,092) (39,873) (69,024) (111,631) (47,184) (59,001) (85,254)
38,977 36,528 61,772 27,958 35,745 99,838 35,378 35,418 70,749 43,514
0 0 0 0 0 0 0 0 0 0
46,667 46,667 46,667 46,667 46,667 48,333 48,333 48,333 48,333 48,333
46,667 46,667 46,667 46,667 46,667 48,333 48,333 48,333 48,333 48,333
0 0 0 0 0 0 0 0 0 0
7,000 7,000 7,000 7,000 7,000 7,000 7,250 7,250 7,250 7,250
7,000 7,000 7,000 7,000 7,000 7,250 7,250 7,250 7,250 7,250
7,000 7,000 7,000 7,000 7,000 7,000 7,250 7,250 7,250 7,250
7,000 7,000 7,000 7,000 7,000 7,250 7,250 7,250 7,250 7,250
Balances Page 62
322,671 367,547 367,547 322,671 307,712 73,724 323,742
51,453 57,512 57,512 51,453 49,434 11,268 50,282
(358,813) (406,368) (419,966) (384,311) (366,484) (157,275) (329,830)
143,692 162,383 167,477 157,290 147,952 75,669 119,862
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
48,333 48,333 48,333 48,333 48,333 48,333 48,333
48,333 48,333 48,333 48,333 48,333 48,333 48,333
0 0 0 0 0 0 0
Balances Page 63
VAT
Opening Balance 0 0 (13,020) (15,058) 2,884 5,123 11,410 23,165
Liability in Period (13,020) (2,038) 2,884 2,239 11,410 11,755 8,526
Payment in Period 0 0 (15,058) 0 5,123 0 23,165
Closing Balance 0 (13,020) (15,058) 2,884 5,123 11,410 23,165 8,526
Corporation Tax
Opening Balance 0 0 0 0 0 0 0 0
Liability in Period 0 0 0 0 0 0 0
Payment in Period 0 0 0 0 0 0 0
Closing Balance 0 0 0 0 0 0 0 0
Current liability 0 0 0 0 0 0 0 0
Capital a/c
Opening Balance 0 0 0 0 0 0 0 0
Capital a/c 0 0 0 0 0 0 0
Closing Balance 0 0 0 0 0 0 0 0
Drawings
Opening Balance 0
Drawings 3,125 3,125 3,125 3,125 3,125 3,125 3,125
Closing Balance
Cash
Opening Balance -20,000
Closing Balance -20,000
Loans
Current 0
Long Term 0
Closing Balance 0
Leases
Current 0
Balances Page 64
8,526 24,240 11,755 15,693 (1,463) 12,595 (18,829) (21,586) 2,657 3,207
15,714 11,755 3,938 (1,463) 14,058 (18,829) (2,757) 2,657 550 12,127
0 24,240 0 15,693 0 12,595 0 (21,586) 0 3,207
24,240 11,755 15,693 (1,463) 12,595 (18,829) (21,586) 2,657 3,207 12,127
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
3,125 3,125 3,125 3,125 3,125 6,250 6,250 6,250 6,250 6,250
Balances Page 65
12,127 24,627 7,671 24,513 12,500 15,034 (2,182)
12,500 7,671 16,842 12,500 2,533 (2,182) 14,983
0 24,627 0 24,513 0 15,034 0
24,627 7,671 24,513 12,500 15,034 (2,182) 12,801
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
Balances Page 66
Long Term 0
Closing Balance 0
Reserves
Opening Balance 7,130,000
Closing Balance
Balances Page 67