You have been asked to carry out an analysis of next years figures for two of the groups businesses to support decision-making. You are required to:

Analyse the cash position of Active Sport Gym and Leisure Shop from the information in Appendix 3. You should prepare the cash budget and give an explanation of what this means for the business

Prepare a three-month Cash Budget for Active Sport Gym and Leisure Shop to estimate the cash balance at the end of April from the following information. The projected Bank Account balance on 1 January is 32180 Projected Shop Sales Figures: Credit customers pay one month after the month of sale. Projected Gym Takings: January - 22 400 February - 22 400 March - 10% increase on February April - 500 increase on March Estimated Purchases: All purchases are on credit and suppliers are paid one month after goods are bought. December - 3000 January - 500 less than December February 10% increase on January March - Same as February April - 12% increase on March Expenses: Wages are 11000 per month. A 5% wage increase is expected from 1 April. Light and Heat is 550 per month. An 8% increase is expected from 1 March. Maintenance is carried out three times a year - February, June and October. This costs 55500 per year. General expenses are estimated at 30000 per year, paid every 2 months starting in February