Revenue Budget
Quarter	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Month	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun
Hours	150	200	180	200	100	50	50	100	50	50	50	100	1,280
Price	$150	$150	$150	$150	$150	$150	$150	$150	$150	$150	$150	$150
Revenue	$22,500	$30,000	$27,000	$30,000	$15,000	$7,500	$7,500	$15,000	$7,500	$7,500	$7,500	$15,000	192,000
Quarter Total	$79,500	$52,500	$30,000	$30,000	192,000
Revenue / Sales	May	June
	7700	11000
Accounts Receivable Collection Schedule
Quarter	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Month	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun
Revenue	$24,750	$33,000	$29,700	$33,000	$16,500	$8,250	$8,250	$16,500	$8,250	$8,250	$8,250	$16,500	$211,200
GST	$2,250	$3,000	$2,700	$3,000	$1,500	$750	$750	$1,500	$750	$750	$750	$1,500	$19,200
Collections @ 50%	$12,375	$16,500	$14,850	$16,500	$8,250	$4,125	$4,125	$8,250	$4,125	$4,125	$4,125	$8,250	$105,600
Collections @ 40%	$4,400	$9,900	$13,200	$11,880	$13,200	$6,600	$3,300	$3,300	$6,600	$3,300	$3,300	$3,300	$82,280
Collections @ 10%	$770	$1,100	$2,475	$3,300	$2,970	$3,300	$1,650	$825	$825	$1,650	$825	$825	$20,515
Total cash collected	$17,545	$27,500	$30,525	$31,680	$24,420	$14,025	$9,075	$12,375	$11,550	$9,075	$8,250	$12,375	$208,395
Quarter Collections	$75,570	$70,125	$33,000	$29,700	$208,395
Operating Expenses Budget
Quarter	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Month	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun
Selling Expenses
Advertising	$919	$919	$919	$919	$919	$919	$919	$919	$919	$919	$919	$919	$11,025
Total Selling	$919	$919	$919	$919	$919	$919	$919	$919	$919	$919	$919	$919	$11,025
Admin Expenses
Depreciation	$993	$993	$993	$993	$993	$993	$993	$993	$993	$993	$993	$993	$11,916
Insurance	$498	$498	$498	$498	$498	$498	$498	$498	$498	$498	$498	$498	$5,974
Utilities	$342	$342	$342	$342	$342	$342	$342	$342	$342	$342	$342	$342	$4,104
Rent	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$3,366	$40,392
Wages	$4,275	$4,275	$4,275	$4,275									$17,100
Office expenses	$480	$480	$480	$480	$480	$480	$480	$480	$480	$480	$480	$480	$5,760
Total Admin	$8,961	$8,961	$8,961	$8,961	$4,686	$4,686	$4,686	$4,686	$4,686	$4,686	$4,686	$4,686	$73,330
Financial Expenses
Bank Fees	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$1,176
Interest on loan	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$26,400
Total Financial	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$2,298	$27,576
Total	$12,178	$12,178	$12,178	$12,178	$7,903	$7,903	$7,903	$7,903	$7,903	$7,903	$7,903	$7,903	$111,931
Quarter Total	$36,533	$27,983	$23,708	$23,708	$111,931
Cash Budget
									Income Statement	Yearly Figures	Monthly Figures	GST Included Yearly	GST Included Monthly
																Revenue		$160,000	192,000
Cash Budget
Quarter	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Month	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun				Less Operating Expenses
Cash Inflow																	Selling Expenses
Accounts Receivable	$17,545	$27,500	$30,525	$31,680	$24,420	$14,025	$9,075	$12,375	$11,550	$9,075	$8,250	$12,375	$208,395
Total Inflow	$17,545	$27,500	$30,525	$31,680	$24,420	$14,025	$9,075	$12,375	$11,550	$9,075	$8,250	$12,375	$208,395
Cash Outflow
Advertising	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$1,092	$13,108				Advertising	$10,500	$10,500	$11,025	$919
Insurance	$548	$548	$548	$548	$548	$548	$548	$548	$548	$548	$548	$548	$6,572				Administration Expenses
Utilities	$376	$376	$376	$376	$376	$376	$376	$376	$376	$376	$376	$376	$4,514				Depreciation	$14,000		$79,400	$993
Rent	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$3,703	$44,431				Insurance	$5,800		$5,974.00	$498
Wages	$1,425	$1,425	$1,425	$1,425		$0	$0	$0	$0	$0	$0	$0	$5,700				Utilities	$3,800		$4,104.00	$342
Office expenses	$528	$528	$528	$528	$528	$528	$528	$528	$528	$528	$528	$528	$6,336				Rent	$39,600		$40,392.00	$3,366
Bank Fees	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$98	$1,176				Wages	$18,000		$17,100.00	$1,425
Interest on loan	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$2,200	$26,400				Office expenses	$15,261	$96,461	5760	$480
GST payable	$2,850	$1,678	$2,943	$2,643	$2,943	$1,443	$693	$693	$1,443	$693	$693	$693	$19,406				Financial Expenses
Total Outflow	$12,820	$11,648	$12,913	$12,613	$11,488	$9,988	$9,238	$9,238	$9,988	$9,238	$9,238	$9,238	$127,643
Net Inflow/Outflow	$4,725	$15,852	$17,612	$19,067	$12,932	$4,037	-$163	$3,137	$1,562	-$163	-$988	$3,137	$80,752				Bank fees	$1,200		$1,176.00	$98
Quarter Inflow/Outflow	$38,190	$36,037	$4,537	$1,987	$80,752
Opening Cash	$50,000	$54,725	$70,577	$88,190	$107,257	$120,190	$124,227	$124,065	$127,202	$128,765	$128,602	$127,614	$50,000				Interest on loan	$26,400	$27,600	$26,400	$2,200
Net Inflow/Outflow	$4,725	$15,852	$17,612	$19,067	$12,932	$4,037	-$163	$3,137	$1,562	-$163	-$988	$3,137	$80,752				Net Profit		$25,439
Closing Cash	$54,725	$70,577	$88,190	$107,257	$120,190	$124,227	$124,065	$127,202	$128,765	$128,602	$127,614	$130,752	$130,752						TOTALS	$191,331	$10,321
																	Balance Sheet:
																	Balance Sheet
																	Current Assets
																	Cash		$22,619
GST Budget																	Accounts Receivable		$6,270	$28,889
Quarter	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total				Non-Current Assets
Month	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun				Equipment	$108,000
GST collected	$2,250	$3,000	$2,700	$3,000	$1,500	$750	$750	$1,500	$750	$750	$750	$1,500	$19,200				Accumulated Depreciation Equipment	-$28,600	$79,400
Less GST Paid on:																	Total Assets			$108,289
Advertising	$109	$109	$109	$109	$109	$109	$109	$109	$109	$109	$109	$109	$1,311				Current Liabilities
Insurance	$55	$55	$55	$55	$55	$55	$55	$55	$55	$55	$55	$55	$657				GST Payable		$2,850
Utilities	$38	$38	$38	$38	$38	$38	$38	$38	$38	$38	$38	$38	$451				Non-Current Liabilities		$30,000
Rent	$370	$370	$370	$370	$370	$370	$370	$370	$370	$370	$370	$370	$4,443				Loan
Total GST paid	$572	$57	$57	$57	$57	$57	$57	$57	$57	$57	$57	$57	$1,201				Total Liabilities			$32,850
Total GST Payable	$1,678	$2,943	$2,643	$2,943	$1,443	$693	$693	$1,443	$693	$693	$693	$1,443	$17,999				Net Assets			$75,439
Quarter GST Paid	$686	$5,078	$2,828	$2,828	$11,422
																	Capital
																	Opening Capital		$50,000
Income Statement Budget																	Net Profit		25439	$75,439
Quarter	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Month	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun
Revenue	$22,500	$30,000	$27,000	$30,000	$15,000	$7,500	$7,500	$15,000	$7,500	$7,500	$7,500	$15,000	$192,000
Less Operating Expenses	$12,178	$12,178	$12,178	$12,178	$7,903	$7,903	$7,903	$7,903	$7,903	$7,903	$7,903	$7,903	$111,931
Net Profit	$10,322	$17,822	$14,822	$17,822	$7,097	-$403	-$403	$7,097	-$403	-$403	-$403	$7,097	$80,069
Quarter Net Profit	$42,967	$24,517	$6,292	$6,292	$80,069
			Balance Sheet
						Current Assets
						Cash		$130,752
						Accounts Receivable	$208,395	$339,147
						Non-Current Assets
						Equipment	$108,000
						Accumulated Depreciation Equipment	$79,400	$187,400
						Total Assets			$526,547
						Current Liabilities
						GST Payable		$17,999
						Non-Current Liabilities		$30,000
						Loan
						Total Liabilities			$47,999			ALL FIGURES IN GST BUDGET AND INCOME STATEMENT AND BALANCE SHEET INCORRECT CALCULATIONS FROM INFORMATION ABOVE. PLEASE CHECK FIGURES
						Net Assets			$478,548
						Capital
						Opening Capital	$75,439
						Net Profit		$80,069	$155,508	$323,040