Start Up Loans Company

Cash Flow and Personal Survival Budget Guidance

January 2014

Cash Flow Guidance:

Green cells will calculate automatically and should not be edited

Enter Start Up Loan Amount in the Pre-Start Cash in [cell E15]
Enter Start Up Loans Monthly re-payment in first month expenses which will pull through subsequent months [cell G24]
Replace zero's with your relevant business Revenues and Expenses
Amend the Revenue and Expense categories as necessary to suit your business
Owner Salary is assumed from the Personal Survival Budget

Make sure of the following:

Revenue and Cost assumptions are realistic and supportable

Cash inflows and outflows are input accurately (all numbers should be positive)
Be conservative with the cash flows within the early months of business trading
Cash flows should be positive after all set-up costs have been incurred
Incorporate all expected start up costs within the cash flow forecast
Incorporate SULCo loan repayments in expenses
Account for any other debt repayments you will incur in the cash flow expenses
Start up costs demonstrated on your cash flow statement correspond to your business plan
Cash Flow forecast must run for at least 2 years

Personal Survival Budget Guidance:

The Personal Survival Budget works out the amount you need from your business to live
and the affordability of the Start Up Loan

These are your personal income and costs and should not include your income/costs from the business
If your personal expenses are greater than your personal income, your business will need to cover these expenses
If your personal budget is in deficit, this will automatically pull into your business cash flows as an Owner Salary

Personal Survival Budget should reflect expected expenses for the

first month after the SULCo loan is drawn down.

Individual living costs vary, so start by thinking through all income and costs that you will incur.
You will find it helpful to look through your bank / credit card statements to see how much you spend

If you are receiving housing or council tax benefits you will need to put the full amount of rent and
council tax payable in your survival budget as once you start trading you may lose these or have them reduced

If you are planning to have a part time job, please let us know whether you currently hold this position

Input any comments or assumptions you have in the space below the cash flows

Amend your personal Income and Expense categories as necessary. Some line items may not be applicable to you
APPLICANT NAME
COMPANY NAME
Cash Flow Forecast
January XX, 2014

Month of FIRST YEAR Trading

Pre Start 1 2 3 4 5 6 7

Revenue

Sales source 1 [please describe] 0 0 0 0 0 0 0 0

Sales source 2 [please describe] 0 0 0 0 0 0 0 0
Equity/Cash Introduced 0 0 0 0 0 0 0 0
Start Up Loan/Other Loan Cash In 0 0 0 0 0 0 0 0

Total Income (A) - - - - - - - -

Expenditure

Owner Salary (If PSB in deficit) Note 1 - - - - - - -

Start Up Loan Repayment 0 - - - - - -

Other Loan Repayments 0 0 0 0 0 0 0 0
Business Rent 0 0 0 0 0 0 0 0
Business Purchases [please describe] 0 0 0 0 0 0 0 0
Inventory Expense 0 0 0 0 0 0 0 0
Marketing Expense 0 0 0 0 0 0 0 0
Staff Wages and Taxes (non-owner) 0 0 0 0 0 0 0 0
Packaging 0 0 0 0 0 0 0 0
Telephone/Mobile 0 0 0 0 0 0 0 0
Heat Lighting & Power 0 0 0 0 0 0 0 0
Council Tax 0 0 0 0 0 0 0 0
Postage, Printing and Stationery 0 0 0 0 0 0 0 0
Travel and Car Expenses 0 0 0 0 0 0 0 0
Transport and Delivery 0 0 0 0 0 0 0 0
Computer Expenses 0 0 0 0 0 0 0 0
 Insurance 0 0 0 0 0 0 0 0
Miscellaneous 0 0 0 0 0 0 0 0
Repairs and Maintenance 0 0 0 0 0 0 0 0
Legal and Professional Fees 0 0 0 0 0 0 0 0
Equipment Leasing 0 0 0 0 0 0 0 0
VAT payments 0 0 0 0 0 0 0 0
Other Expenditure [please describe] 0 0 0 0 0 0 0 0
Other Expenditure [please describe] 0 0 0 0 0 0 0 0
Other Expenditure [please describe] 0 0 0 0 0 0 0 0

Total Expenses (B) - - - - - - - -

Net Cash Flow (A-B) - - - - - - - -

Monthly Opening Bank - - - - - - - -

Cash Position - - - - - - - -

Comments and Assumptions:

Note 1 - Owner Salary is assumed from Personal Survival Budget. Equal to income from business necessary for applicant to cover personal expenses.
Note 2 - Applicant should insert additional footnotes if any Income or Expenses require further explanation.
Month of FIRST YEAR Trading Year 1
8 9 10 11 12 TOTAL

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 -
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 -

- - - - - -

- - - - - -

- - - - - -
- - - - - -
APPLICANT NAME
COMPANY NAME
Cash Flow Forecast
January XX, 2014

Month of SECOND YEAR Trading

1 2 3 4 5 6 7 8 9

Revenue

Sales source 1 [please describe] 0 0 0 0 0 0 0 0 0

Sales source 2 [please describe] 0 0 0 0 0 0 0 0 0
Equity/Cash Introduced 0 0 0 0 0 0 0 0 0
Start Up Loan/Other Loan cash in 0 0 0 0 0 0 0 0 0

Total Income (A) - - - - - - - - -

Expenditure

Owner Salary (If PSB in deficit) - - - - - - - - -

Start Up Loan Repayment - - - - - - - - -

Other Loan Repayments 0 0 0 0 0 0 0 0 0
Business Rent 0 0 0 0 0 0 0 0 0
Business Purchases [please describe] 0 0 0 0 0 0 0 0 0
Inventory Expense 0 0 0 0 0 0 0 0 0
Marketing Expense 0 0 0 0 0 0 0 0 0
Staff Wages and Taxes 0 0 0 0 0 0 0 0 0
Packaging 0 0 0 0 0 0 0 0 0
Telephone/Mobile 0 0 0 0 0 0 0 0 0
Heat Lighting & Power 0 0 0 0 0 0 0 0 0
Council Tax 0 0 0 0 0 0 0 0 0
Postage, Printing and Stationery 0 0 0 0 0 0 0 0 0
Travel and Car Expenses 0 0 0 0 0 0 0 0 0
Transport and Delivery 0 0 0 0 0 0 0 0 0
Computer Expenses 0 0 0 0 0 0 0 0 0
 Insurance 0 0 0 0 0 0 0 0 0
Miscellaneous 0 0 0 0 0 0 0 0 0
Repairs and Maintenance 0 0 0 0 0 0 0 0 0
Legal and Professional Fees 0 0 0 0 0 0 0 0 0
Equipment Leasing 0 0 0 0 0 0 0 0 0
VAT payments 0 0 0 0 0 0 0 0 0
Other Expenditure [please describe] 0 0 0 0 0 0 0 0 0
Other Expenditure [please describe] 0 0 0 0 0 0 0 0 0
Other Expenditure [please describe] 0 0 0 0 0 0 0 0 0

Total Expenses (B) - - - - - - - - -

Net Cash Flow (A-B) - - - - - - - - -

Opening Bank - - - - - - - - -
Cash Position - - - - - - - - -

Comments and Assumptions:

Month of SECOND YEAR Trading Year 2
10 11 12 TOTAL

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 0 -

- - - -

- - - -

- - - -
- - - -
APPLICANT NAME

COMPANY NAME

Personal Survival Budget - REQUIRED AS PART OF THE APPLICATION PROCESS

January XX, 2014

Monthly Net Annual Net

Personal Income Income () Income ()

Income from Family / Partner [Please describe] 0 -

Part time job [Please describe] 0 -
Benefits [Please describe] 0 -
Use of personal savings 0 -
Other Income [Please describe] 0 -

Total Income - -

Personal Expenses

Rent / Mortgage 0 -
Personal loan(s) Repayments [please describe] 0 -
Council tax 0 -
Electricity / gas 0 -
Water 0 -
Mobile phone 0 -
Broadband 0 -
TV Licence 0 -
Personal and Property Insurance 0 -
Transport e.g. Oystercard 0 -
Entertainment and Holidays 0 -
Subscriptions 0 -
Food 0 -
Clothing 0 -
School / Childcare 0 -
Car tax & insurance 0 -
Car running expenses (inc fuel) 0 -
Contingency 0 -
Money put into savings 0 -
Children Expenditure 0 -
Miscellaneous Expenses 0 -
Other expenses [please specify] 0 -
Other expenses [please specify] 0 -
Other expenses [please specify] 0 -

Total Expenditure - -

Total Surplus or Deficit - -

Comments and Assumptions:

Note 1 - Fill in monthly income and expenses for the first month after the Start Up Loan will be drawn down.
Note 2 - Applicant should fill in any footnotes necessary to explain personal budget.