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Plan Outline
Airline Business Plan
Air Leo
This sample business plan can be edited directly in Business Plan Pro software.
Appendix
| Sales Forecast | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | |||||||||||||
| Scheduled Passenger Revenues | 0% | £0 | £0 | £0 | £866,250 | £1,299,375 | £2,601,625 | £5,155,920 | £3,866,940 | £5,255,920 | £5,881,619 | £6,180,451 | £6,544,900 |
| Scheduled Cargo Revenues | 0% | £0 | £0 | £0 | £65,625 | £98,437 | £118,124 | £188,997 | £207,897 | £293,966 | £440,949 | £390,600 | £477,405 |
| Special Flights Passenger Revenues | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £247,200 | £123,600 | £185,400 | £309,000 | £309,000 | £309,000 |
| Special Flights Cargo Revenues | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £5,760 | £2,880 | £4,320 | £7,200 | £7,200 | £7,200 |
| Package trips | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £9,975 | £10,973 | £12,070 | £13,277 | £14,605 | £18,100 |
| Other | 0% | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Total Sales | £0 | £0 | £0 | £931,875 | £1,397,812 | £2,719,749 | £5,607,852 | £4,212,290 | £5,751,676 | £6,652,045 | £6,901,856 | £7,356,605 | |
| Direct Cost of Sales | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Scheduled Passenger Revenues | £0 | £0 | £0 | £53,900 | £84,567 | £142,345 | £325,467 | £221,980 | £272,367 | £289,810 | £298,453 | £306,231 | |
| Scheduled Cargo Revenues | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Special Flights Passenger Revenues | £0 | £0 | £0 | £0 | £0 | £0 | £14,280 | £7,140 | £10,710 | £17,850 | £17,850 | £17,850 | |
| Special Flights Cargo Revenues | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Package trips | £0 | £0 | £0 | £0 | £0 | £0 | £3,990 | £4,389 | £4,828 | £5,311 | £5,842 | £7,240 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal Direct Cost of Sales | £0 | £0 | £0 | £53,900 | £84,567 | £142,345 | £343,737 | £233,509 | £287,905 | £312,971 | £322,145 | £331,321 | |
| Personnel Plan | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Production Personnel | |||||||||||||
| Captains (3 per aircraft) | £0 | £0 | £45,000 | £45,000 | £45,000 | £60,000 | £60,000 | £60,000 | £60,000 | £60,000 | £75,000 | £75,000 | |
| First Officers (3 per aircraft) | £0 | £0 | £36,000 | £36,000 | £36,000 | £48,000 | £48,000 | £48,000 | £48,000 | £48,000 | £60,000 | £60,000 | |
| Flight Attendants (9 per aircraft) | £0 | £0 | £40,500 | £40,500 | £40,500 | £54,000 | £54,000 | £54,000 | £54,000 | £54,000 | £67,500 | £67,500 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £19,687 | £39,375 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal | £0 | £0 | £121,500 | £121,500 | £121,500 | £162,000 | £162,000 | £162,000 | £162,000 | £162,000 | £222,187 | £241,875 | |
| Sales and Marketing Personnel | |||||||||||||
| Director of Sales & Marketing | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | £5,000 | |
| Regional Sales & Marketing Mgrs (3) | £4,000 | £8,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | |
| Special Sales & Marketing Manager | £0 | £0 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | |
| Air Cargo Sales & Marketing Manager | £0 | £0 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | |
| Sales & Marketing Assistants (6) | £3,000 | £4,500 | £9,000 | £9,000 | £9,000 | £9,000 | £9,000 | £9,000 | £9,000 | £9,000 | £9,000 | £9,000 | |
| Cust. Service/Reservations Assts (12) | £0 | £0 | £6,000 | £9,000 | £9,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal | £12,000 | £17,500 | £40,000 | £43,000 | £43,000 | £46,000 | £46,000 | £46,000 | £46,000 | £46,000 | £46,000 | £46,000 | |
| General and Administrative Personnel | |||||||||||||
| President & CEO | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | £15,000 | |
| Vice President & General Manager | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | £12,000 | |
| Vice President Commercial | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | |
| Vice President Finance | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | |
| Vice President Operations | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | £10,500 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | |
| Other Personnel | |||||||||||||
| Director of Communications | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Director of Human Resources | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Director of Flight Safety | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Director of Flight Maintenance | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Director of Ground Operations | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Director of Information Systems | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Station Managers (1 per major station) | £0 | £0 | £10,000 | £10,000 | £10,000 | £14,000 | £14,000 | £14,000 | £14,000 | £14,000 | £20,000 | £20,000 | |
| Ground Service Pers (3 per maj station) | £0 | £0 | £22,500 | £22,500 | £22,500 | £31,500 | £31,500 | £31,500 | £31,500 | £31,500 | £45,000 | £45,000 | |
| Maintenance Engineers (8) | £0 | £0 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | |
| Bookkeeping & Finance Personnel (3) | £2,000 | £2,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | |
| Information Systems Personnel (5) | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | |
| Professional Support Personnel (3) | £4,000 | £4,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | |
| Secretarial/Admin Asst Personnel (3) | £3,000 | £3,000 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | £4,500 | |
| Customer Relations Personnel (2) | £0 | £0 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | £4,000 | |
| Other | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal | £46,000 | £46,000 | £110,000 | £110,000 | £110,000 | £123,000 | £123,000 | £123,000 | £123,000 | £123,000 | £142,500 | £142,500 | |
| Total People | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | |
| Total Payroll | £116,500 | £122,000 | £330,000 | £333,000 | £333,000 | £389,500 | £389,500 | £389,500 | £389,500 | £389,500 | £469,187 | £488,875 | |
| General Assumptions | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | 9.00% | |
| Long-term Interest Rate | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | |
| Tax Rate | 30.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | 35.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Sales | £0 | £0 | £0 | £931,875 | £1,397,812 | £2,719,749 | £5,607,852 | £4,212,290 | £5,751,676 | £6,652,045 | £6,901,856 | £7,356,605 | |
| Direct Cost of Sales | £0 | £0 | £0 | £53,900 | £84,567 | £142,345 | £343,737 | £233,509 | £287,905 | £312,971 | £322,145 | £331,321 | |
| Production Payroll | £0 | £0 | £121,500 | £121,500 | £121,500 | £162,000 | £162,000 | £162,000 | £162,000 | £162,000 | £222,187 | £241,875 | |
| Non-Salary Aircraft Operational Costs | £2,000,000 | £0 | £0 | £2,308,350 | £2,010,020 | £2,179,945 | £4,109,523 | £3,093,544 | £3,021,288 | £3,465,698 | £3,041,040 | £4,413,533 | |
| Total Cost of Sales | £2,000,000 | £0 | £121,500 | £2,483,750 | £2,216,087 | £2,484,290 | £4,615,260 | £3,489,053 | £3,471,193 | £3,940,669 | £3,585,372 | £4,986,729 | |
| Gross Margin | (£2,000,000) | £0 | (£121,500) | (£1,551,875) | (£818,275) | £235,459 | £992,592 | £723,237 | £2,280,483 | £2,711,376 | £3,316,484 | £2,369,876 | |
| Gross Margin % | 0.00% | 0.00% | 0.00% | -166.53% | -58.54% | 8.66% | 17.70% | 17.17% | 39.65% | 40.76% | 48.05% | 32.21% | |
| Operating Expenses | |||||||||||||
| Sales and Marketing Expenses | |||||||||||||
| Sales and Marketing Payroll | £12,000 | £17,500 | £40,000 | £43,000 | £43,000 | £46,000 | £46,000 | £46,000 | £46,000 | £46,000 | £46,000 | £46,000 | |
| Advertising/Promotion | £0 | £0 | £175,000 | £225,000 | £100,000 | £150,000 | £150,000 | £100,000 | £100,000 | £150,000 | £150,000 | £200,000 | |
| Travel | £500 | £1,500 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | |
| Public Relations Consultants/Activities | £0 | £0 | £3,000 | £3,000 | £2,000 | £2,000 | £2,000 | £2,000 | £500 | £500 | £500 | £500 | |
| LD toll-free reservations telephone serv | £0 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | £6,000 | |
| Other | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | |
| Total Sales and Marketing Expenses | £14,500 | £27,000 | £229,000 | £282,000 | £156,000 | £209,000 | £209,000 | £159,000 | £157,500 | £207,500 | £207,500 | £257,500 | |
| Sales and Marketing % | 0.00% | 0.00% | 0.00% | 30.26% | 11.16% | 7.68% | 3.73% | 3.77% | 2.74% | 3.12% | 3.01% | 3.50% | |
| General and Administrative Expenses | |||||||||||||
| General and Administrative Payroll | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | £58,500 | |
| Sales and Marketing and Other Expenses | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Depreciation | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | £10,000 | |
| Leased Equipment | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | £2,000 | |
| Telephone | £1,500 | £2,000 | £2,300 | £2,500 | £3,000 | £3,000 | £3,300 | £3,000 | £3,000 | £3,000 | £3,000 | £3,000 | |
| Utilities | £1,200 | £1,500 | £1,500 | £1,200 | £1,000 | £1,200 | £1,500 | £1,500 | £1,500 | £1,200 | £1,200 | £800 | |
| Insurance (Non-Aviation) | £0 | £0 | £0 | £0 | £0 | £0 | £10,000 | £0 | £0 | £0 | £0 | £0 | |
| Headquarters Office Rent | £0 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | £20,000 | |
| Field Office Rental | £0 | £0 | £15,000 | £5,000 | £5,000 | £14,000 | £8,000 | £8,000 | £8,000 | £8,000 | £17,000 | £10,000 | |
| Vehicle Operating Expenses | £720 | £720 | £720 | £720 | £720 | £720 | £720 | £720 | £720 | £720 | £720 | £720 | |
| Computer Hardware/Software Devlpmnt | £0 | £0 | £0 | £0 | £0 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | £8,000 | |
| Cockpit/Cabin Crew Training/Simulator | £0 | £0 | £100,000 | £0 | £0 | £35,000 | £0 | £0 | £0 | £0 | £50,000 | £0 | |
| Crew/Staff Uniforms & Grooming | £0 | £24,000 | £0 | £0 | £8,000 | £0 | £0 | £0 | £0 | £12,000 | £0 | £0 | |
| Payroll Taxes | 20% | £23,300 | £24,400 | £66,000 | £66,600 | £66,600 | £77,900 | £77,900 | £77,900 | £77,900 | £77,900 | £93,837 | £97,775 |
| Other General and Administrative Expenses | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Total General and Administrative Expenses | £97,220 | £143,120 | £276,020 | £166,520 | £174,820 | £230,320 | £199,920 | £189,620 | £189,620 | £201,320 | £264,257 | £210,795 | |
| General and Administrative % | 0.00% | 0.00% | 0.00% | 17.87% | 12.51% | 8.47% | 3.57% | 4.50% | 3.30% | 3.03% | 3.83% | 2.87% | |
| Other Expenses: | |||||||||||||
| Other Payroll | £46,000 | £46,000 | £110,000 | £110,000 | £110,000 | £123,000 | £123,000 | £123,000 | £123,000 | £123,000 | £142,500 | £142,500 | |
| Consultants | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Contract/Consultants | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Total Other Expenses | £46,000 | £46,000 | £110,000 | £110,000 | £110,000 | £123,000 | £123,000 | £123,000 | £123,000 | £123,000 | £142,500 | £142,500 | |
| Other % | 0.00% | 0.00% | 0.00% | 11.80% | 7.87% | 4.52% | 2.19% | 2.92% | 2.14% | 1.85% | 2.06% | 1.94% | |
| Total Operating Expenses | £157,720 | £216,120 | £615,020 | £558,520 | £440,820 | £562,320 | £531,920 | £471,620 | £470,120 | £531,820 | £614,257 | £610,795 | |
| Profit Before Interest and Taxes | (£2,157,720) | (£216,120) | (£736,520) | (£2,110,395) | (£1,259,095) | (£326,861) | £460,672 | £251,617 | £1,810,363 | £2,179,556 | £2,702,227 | £1,759,081 | |
| EBITDA | (£2,147,720) | (£206,120) | (£726,520) | (£2,100,395) | (£1,249,095) | (£316,861) | £470,672 | £261,617 | £1,820,363 | £2,189,556 | £2,712,227 | £1,769,081 | |
| Interest Expense | £4,500 | £4,372 | £4,244 | £4,115 | £3,987 | £3,859 | £3,731 | £3,602 | £3,474 | £3,346 | £3,218 | £3,089 | |
| Taxes Incurred | (£648,666) | (£77,172) | (£259,267) | (£740,079) | (£442,079) | (£115,752) | £159,930 | £86,805 | £632,411 | £761,674 | £944,653 | £614,597 | |
| Net Profit | (£1,513,554) | (£143,320) | (£481,496) | (£1,374,432) | (£821,003) | (£214,968) | £297,012 | £161,210 | £1,174,478 | £1,414,537 | £1,754,356 | £1,141,395 | |
| Net Profit/Sales | 0.00% | 0.00% | 0.00% | -147.49% | -58.73% | -7.90% | 5.30% | 3.83% | 20.42% | 21.26% | 25.42% | 15.52% | |
| Pro Forma Cash Flow | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | £0 | £0 | £0 | £605,719 | £908,578 | £1,767,837 | £3,645,104 | £2,737,989 | £3,738,589 | £4,323,829 | £4,486,206 | £4,781,793 | |
| Subtotal Cash from Operations | £0 | £0 | £0 | £605,719 | £919,450 | £2,099,429 | £4,149,761 | £3,723,595 | £5,685,056 | £5,816,090 | £6,509,797 | £7,112,923 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| New Current Borrowing | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| New Other Liabilities (interest-free) | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| New Long-term Liabilities | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Sales of Other Current Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Sales of Long-term Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| New Investment Received | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal Cash Received | £0 | £0 | £0 | £605,719 | £919,450 | £2,099,429 | £4,149,761 | £3,723,595 | £5,685,056 | £5,816,090 | £6,509,797 | £7,112,923 | |
| Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | £116,500 | £122,000 | £330,000 | £333,000 | £333,000 | £389,500 | £389,500 | £389,500 | £389,500 | £389,500 | £469,187 | £488,875 | |
| Bill Payments | £436,235 | £1,341,196 | £15,659 | £200,427 | £1,908,184 | £1,896,940 | £2,683,243 | £5,079,453 | £3,553,903 | £4,258,469 | £4,859,342 | £4,713,339 | |
| Subtotal Spent on Operations | £552,735 | £1,463,196 | £345,659 | £533,427 | £2,241,184 | £2,286,440 | £3,072,743 | £5,468,953 | £3,943,403 | £4,647,969 | £5,328,529 | £5,202,214 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Principal Repayment of Current Borrowing | £0 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | £17,100 | |
| Other Liabilities Principal Repayment | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Long-term Liabilities Principal Repayment | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Purchase Other Current Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Purchase Long-term Assets | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Dividends | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | |
| Subtotal Cash Spent | £552,735 | £1,480,296 | £362,759 | £550,527 | £2,258,284 | £2,303,540 | £3,089,843 | £5,486,053 | £3,960,503 | £4,665,069 | £5,345,629 | £5,219,314 | |
| Net Cash Flow | (£552,735) | (£1,480,296) | (£362,759) | £55,192 | (£1,338,835) | (£204,111) | £1,059,918 | (£1,762,458) | £1,724,553 | £1,151,022 | £1,164,169 | £1,893,610 | |
| Cash Balance | £9,847,265 | £8,366,969 | £8,004,210 | £8,059,402 | £6,720,567 | £6,516,456 | £7,576,374 | £5,813,916 | £7,538,469 | £8,689,491 | £9,853,659 | £11,747,269 | |
| Pro Forma Balance Sheet | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | £10,400,000 | £9,847,265 | £8,366,969 | £8,004,210 | £8,059,402 | £6,720,567 | £6,516,456 | £7,576,374 | £5,813,916 | £7,538,469 | £8,689,491 | £9,853,659 | £11,747,269 |
| Accounts Receivable | £0 | £0 | £0 | £0 | £326,156 | £804,519 | £1,424,839 | £2,882,930 | £3,371,625 | £3,438,245 | £4,274,199 | £4,666,258 | £4,909,940 |
| Inventory | £150,000 | £150,000 | £150,000 | £150,000 | £96,100 | £93,024 | £156,580 | £378,111 | £256,860 | £316,696 | £344,268 | £354,360 | £364,453 |
| Other Current Assets | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 | £50,000 |
| Total Current Assets | £10,600,000 | £10,047,265 | £8,566,969 | £8,204,210 | £8,531,658 | £7,668,109 | £8,147,874 | £10,887,415 | £9,492,401 | £11,343,409 | £13,357,958 | £14,924,277 | £17,071,662 |
| Long-term Assets | |||||||||||||
| Long-term Assets | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 | £200,000 |
| Accumulated Depreciation | £0 | £10,000 | £20,000 | £30,000 | £40,000 | £50,000 | £60,000 | £70,000 | £80,000 | £90,000 | £100,000 | £110,000 | £120,000 |
| Total Long-term Assets | £200,000 | £190,000 | £180,000 | £170,000 | £160,000 | £150,000 | £140,000 | £130,000 | £120,000 | £110,000 | £100,000 | £90,000 | £80,000 |
| Total Assets | £10,800,000 | £10,237,265 | £8,746,969 | £8,374,210 | £8,691,658 | £7,818,109 | £8,287,874 | £11,017,415 | £9,612,401 | £11,453,409 | £13,457,958 | £15,014,277 | £17,151,662 |
| Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Current Liabilities | |||||||||||||
| Accounts Payable | £390,000 | £1,340,819 | £10,942 | £136,780 | £1,845,760 | £1,810,314 | £2,512,147 | £4,961,776 | £3,412,652 | £4,096,283 | £4,703,395 | £4,522,458 | £5,535,548 |
| Current Borrowing | £600,000 | £600,000 | £582,900 | £565,800 | £548,700 | £531,600 | £514,500 | £497,400 | £480,300 | £463,200 | £446,100 | £429,000 | £411,900 |
| Other Current Liabilities | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Subtotal Current Liabilities | £990,000 | £1,940,819 | £593,842 | £702,580 | £2,394,460 | £2,341,914 | £3,026,647 | £5,459,176 | £3,892,952 | £4,559,483 | £5,149,495 | £4,951,458 | £5,947,448 |
| Long-term Liabilities | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 | £0 |
| Total Liabilities | £990,000 | £1,940,819 | £593,842 | £702,580 | £2,394,460 | £2,341,914 | £3,026,647 | £5,459,176 | £3,892,952 | £4,559,483 | £5,149,495 | £4,951,458 | £5,947,448 |
| Paid-in Capital | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 | £10,800,000 |
| Retained Earnings | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) | (£990,000) |
| Earnings | £0 | (£1,513,554) | (£1,656,874) | (£2,138,370) | (£3,512,802) | (£4,333,805) | (£4,548,773) | (£4,251,761) | (£4,090,551) | (£2,916,073) | (£1,501,537) | £252,819 | £1,394,214 |
| Total Capital | £9,810,000 | £8,296,446 | £8,153,126 | £7,671,630 | £6,297,198 | £5,476,195 | £5,261,227 | £5,558,239 | £5,719,449 | £6,893,927 | £8,308,463 | £10,062,819 | £11,204,214 |
| Total Liabilities and Capital | £10,800,000 | £10,237,265 | £8,746,969 | £8,374,210 | £8,691,658 | £7,818,109 | £8,287,874 | £11,017,415 | £9,612,401 | £11,453,409 | £13,457,958 | £15,014,277 | £17,151,662 |
| Net Worth | £9,810,000 | £8,296,446 | £8,153,126 | £7,671,630 | £6,297,198 | £5,476,195 | £5,261,227 | £5,558,239 | £5,719,449 | £6,893,927 | £8,308,463 | £10,062,819 | £11,204,214 |