<strong>The</strong> <strong>Bat</strong> & <strong>Ball</strong> Year 3 Profit & Loss Higareda Ltd <strong>Bat</strong> and <strong>Ball</strong> Projected Profit & Loss Account (Ex. Vat) 30 September 2019 Inc Vat @ 20 % 100.00% Budget Sales Bar 7384 Mix 40.00% 319,983 Food 11076 60.00% 479,975 Machines 0 0.00% 0 Turnover 18,461 799,958 Gross Profits On Sales C Bar 59.00% 188,790 Food 63.00% ` 302,384 Accom 95.00% 0 Functions 100.00% 0 Machines 0 Other Income Gross Profit 61.40% 491,174 Less Promotional Costs Live Music 0 Sky Tv 0 Security 0 Pool Table Rent 0 Customers Drinks 0 Booking Commissions 0 Marketing 0 Advertising 1,323 1,323 489,851 Permanent Wages 27.50% 219,989 Directos Salary 0.00% 0 219,989 Staff Training 0 Staff Refreshment 2,200 222,188 Less Expenses % Turnover Rent 8.75% 70,000 Rent Abated 0.00% - 70,000 Service Charge - Dilapidations Charge - Fixtures & Fittings Rental - 70,000 <strong>Business</strong> Rates 11,688 Water Rates 22,000 33,688 Insurance 3,300 106988 Electricity 8,820 Gas 6,615 Heating Fuels 540 15975 267,663 Telephone 1,102 Print,Post & Stationery 1,323 Stocktaking 1,985 Paye Bureau - Accountancy 5,733 Tax Work - Legal Fees & Licenses 662 10805 Cleaning Materials 5,733 Cleaners - Laundry - Motor Expenses - Car Lease - Hire Of Equipment 1,786 Sundry Repairs 8,268 Sundry Renewals 8,268 16,536 Refuse Charges 3,300 Weekly Trade Expenses 2,392 29747 Bank Charges 1,323 Credit Card Charges 5,120 Overdraft Interest - Brewery Loan Interest 3,538 9981 173,496 Net Profit 94,167 Less F&F Loan Capital Repaid 44,280 30322 12507 Loan Capital Repaid 0 0 0 Less Capital Expenditure 0 12,507 81,660 Less Tax Provision Estimated 0 Distrubutable Surplus 81,660 Personal Drawing 0 Houekeeping 0 Private Cheques 0 0 81,660 Add Opening Bank Balance 0 Projected Closing Bank Balance 81,660 A re-invention of the traditional pub
<strong>The</strong> <strong>Bat</strong> & <strong>Ball</strong> Year 3 Cash Flow Projections Higareda Ltd Monthly Cash Flows Including Vat 30 September 2019 <strong>Bat</strong> and <strong>Ball</strong> Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Total Incomes Bar 32,612 31,560 32,612 32,612 29,456 32,612 31,560 32,612 31,560 32,612 32,612 31,560 383,980 Bar Food 48,918 47,340 48,918 48,918 44,184 48,918 47,340 48,918 47,340 48,918 48,918 47,340 575,970 Food Machines 0 0 0 0 0 0 0 0 0 0 0 0 0 Machines 81,530 78,900 81,530 81,530 73,640 81,530 78,900 81,530 78,900 81,530 81,530 78,900 959,950 Vatable Payments Vatable Payments Bar Purchases 13,371 12,940 13,371 13,371 12,077 13,371 12,940 13,371 12,940 13,371 13,371 12,940 157,432 Bar Purchases Rent 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 84,000 Rent Rent Abated 0 0 0 0 0 0 0 0 0 0 0 0 0 Rent Abated Service Charge 0 0 0 0 0 0 0 0 0 0 0 0 0 Service Charge Dilapidations Charge 0 0 0 0 0 0 0 0 0 0 0 0 0 Dilapidations Charge Fixtures & Fittings Rental 0 0 0 0 0 0 0 0 0 0 0 0 0 Fixtures & Fittings Rental Electricity 882 882 882 882 882 882 882 882 882 882 882 882 10,584 Electricity Gas 662 662 662 662 662 662 662 662 662 662 662 662 7,938 Gas Heating Fuels 54 54 54 54 54 54 54 54 54 54 54 54 648 Heating Fuels Telephone 110 110 110 110 110 110 110 110 110 110 110 110 1,322 Telephone Booking Commissions 0 0 0 0 0 0 0 0 0 0 0 0 0 Booking Commissions Marketing 0 0 0 0 0 0 0 0 0 0 0 0 0 Marketing Advertising 132 132 132 132 132 132 132 132 132 132 132 132 1,588 Advertising Print,Post & Stationery 132 132 132 132 132 132 132 132 132 132 132 132 1,588 Print,Post & Stationery Stocktaking 199 199 199 199 199 199 199 199 199 199 199 199 2,382 Stocktaking Paye Bureau 0 0 0 0 0 0 0 0 0 0 0 0 0 Paye Bureau Accountancy 573 573 573 573 573 573 573 573 573 573 573 573 6,880 Accountancy Tax Work 0 0 0 0 0 0 0 0 0 0 0 0 0 Tax Work Legal Fees & Licenses 66 66 66 66 66 66 66 66 66 66 66 66 794 Legal Fees & Licenses Cleaning Materials 573 573 573 573 573 573 573 573 573 573 573 573 6,880 Cleaning Materials Cleaners 0 0 0 0 0 0 0 0 0 0 0 0 0 Cleaners Laundry 0 0 0 0 0 0 0 0 0 0 0 0 0 Laundry Motor Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 Motor Expenses Car Lease 0 0 0 0 0 0 0 0 0 0 0 0 0 Car Lease Credit Card Charges 522 505 522 522 471 522 505 522 505 522 522 505 6,144 Credit Card Charges Hire Of Equipment 179 179 179 179 179 179 179 179 179 179 179 179 2,143 Hire Of Equipment Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 Capital Expenditure Sundry Repairs 827 827 827 827 827 827 827 827 827 827 827 827 9,922 Sundry Repairs Sundry Renewals 827 827 827 827 827 827 827 827 827 827 827 827 9,922 Sundry Renewals 26,109 25,660 26,109 26,109 24,764 26,109 25,660 26,109 25,660 26,109 26,109 25,660 310,165 Non Vatable Payments Non Vatable Payments Food Purchases 15,083 14,597 15,083 15,083 13,623 15,083 14,597 15,083 14,597 15,083 15,083 14,597 177,591 Food Purchases <strong>Business</strong> Rates 1,169 1,169 1,169 1,169 1,169 1,169 1,169 1,169 1,169 1,169 11,688 <strong>Business</strong> Rates Water Rates 1,833 1,833 1,833 1,833 1,833 1,833 1,833 1,833 1,833 1,833 1,833 1,833 22,000 Water Rates Insurance 275 275 275 275 275 275 275 275 275 275 275 275 3,300 Insurance Permanent Wages 18,684 18,081 18,684 18,684 16,876 18,684 18,081 18,684 18,081 18,684 18,684 18,081 219,989 Permanent Wages Directos Salary 0 0 0 0 0 0 0 0 0 0 0 0 0 Directos Salary Staff Training 0 0 0 0 0 0 0 0 0 0 0 0 0 Staff Training Security 0 0 0 0 0 0 0 0 0 0 0 0 0 Security Pool Table Rent 0 0 0 0 0 0 0 0 0 0 0 0 0 Pool Table Rent Live Music 0 0 0 0 0 0 0 0 0 0 0 0 0 Live Music Sky Tv 0 0 0 0 0 0 0 0 0 0 0 0 0 Sky Tv Customers Drinks 0 0 0 0 0 0 0 0 0 0 0 0 0 Customers Drinks Staff Refreshment 187 181 187 187 169 187 181 187 181 187 187 181 2,200 Staff Refreshment Weekly Trade Expenses 199 199 199 199 199 199 199 199 199 199 199 199 2,392 Weekly Trade Expenses Refuse Charges 275 275 275 275 275 275 275 275 275 275 275 275 3,300 Refuse Charges Bank Charges 110 110 110 110 110 110 110 110 110 110 110 110 1,323 Bank Charges Overdraft Interest 0 0 0 0 0 Overdraft Interest 37,816 36,720 37,816 37,816 33,361 36,647 36,720 37,816 36,720 37,816 37,816 36,720 443,782 Vat Payment 27,347 26,620 26,983 27,347 108,297 Vat Payment Personal Drawing 0 0 0 0 0 0 0 0 0 0 0 0 0 Personal Drawing Houekeeping 0 0 0 0 0 0 0 0 0 0 0 0 0 Houekeeping Private Cheques 0 0 0 0 0 0 0 0 0 0 0 0 0 Private Cheques Loan Repayments 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 16045 Loan Repayments 0 Tax Current Year 0 0 0 0 0 0 0 0 0 0 0 0 0 Tax Current Year 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 1,337 16,045 Opening Balance 0 16,269 31,451 20,373 36,642 50,820 41,637 56,820 73,089 61,287 77,556 93,825 0 Opening Balance Incomes 81,530 78,900 81,530 81,530 73,640 81,530 78,900 81,530 78,900 81,530 81,530 78,900 959,950 Incomes Payments 65,261 63,718 92,608 65,261 59,462 90,712 63,718 65,261 90,701 65,261 65,261 91,065 878,290 Payments Closing Balance 16,269 31,451 20,373 36,642 50,820 41,637 56,820 73,089 61,287 77,556 93,825 81,660 81,660 Closing Balance A place to eat, drink and relax