A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | AA | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | |||||||||||||||||||||||||||
2 | What is meant by a financial forecast? Financial forecasting is the excercise of predicting your financial future by examining historical performance data or estimating future performance, such as revenue, cash flow, expenses, or sales. Key note: Forecasting involves a number of assumptions, as many unforeseen factors can influence business performance This document contains a number of formulas to help with your forecast and financial planning. Please don't edit any area marked in grey Disclaimer: This calculator bases its estimates on rough figures provided by you and does not constitute as advice. It should not be taken as an official calculation. It is not a suitable replacement for a proper accounting process. This is purely designed to give you a broad estimate of your expected taxes and nothing more, based on tax rates 2022/3 and a standard personal allowance. | ||||||||||||||||||||||||||
3 | |||||||||||||||||||||||||||
4 | |||||||||||||||||||||||||||
5 | Enter Information | Forecast | |||||||||||||||||||||||||
6 | Starting Month | January 2023 | January 2023 | February 2023 | March 2023 | April 2023 | May 2023 | June 2023 | July 2023 | August 2023 | September 2023 | October 2023 | November 2023 | December 2023 | |||||||||||||
7 | Starting Balance | £300.00 | Income | ||||||||||||||||||||||||
8 | Revenue | ||||||||||||||||||||||||||
9 | Loans & Cash | ||||||||||||||||||||||||||
10 | Other Income (Interest, Tax Relief etc) | ||||||||||||||||||||||||||
11 | Total Income | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
12 | |||||||||||||||||||||||||||
13 | Expenses | ||||||||||||||||||||||||||
14 | Rent/Rates | ||||||||||||||||||||||||||
15 | Phone/Broadband | ||||||||||||||||||||||||||
16 | Other Utilities (Electricity, Gas etc.) | ||||||||||||||||||||||||||
17 | Insurance | ||||||||||||||||||||||||||
18 | Website Cost | ||||||||||||||||||||||||||
19 | Marketing Cost | ||||||||||||||||||||||||||
20 | Bookeeping/Accountant cost | ||||||||||||||||||||||||||
21 | Personal Salary | ||||||||||||||||||||||||||
22 | Travel, Car & Fuel & Expenses | ||||||||||||||||||||||||||
23 | Materials/Supplies | ||||||||||||||||||||||||||
24 | Equipment Cost and Hire | ||||||||||||||||||||||||||
25 | Other Operating Expenses | ||||||||||||||||||||||||||
26 | Tax | ||||||||||||||||||||||||||
27 | Interest & Bank Charges | ||||||||||||||||||||||||||
28 | Total Expenses | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
29 | |||||||||||||||||||||||||||
30 | Balance | ||||||||||||||||||||||||||
31 | Opening Balance | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | ||||||||||||||
32 | Net Cash Flow | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
33 | Closing Balance | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | ||||||||||||||
34 | Bank Overdraft Facility Amount | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | ||||||||||||||
35 | Bank Overdraft Facility | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | ||||||||||||||
36 | |||||||||||||||||||||||||||
37 | |||||||||||||||||||||||||||
38 | Actual | ||||||||||||||||||||||||||
39 | January 2023 | February 2023 | March 2023 | April 2023 | May 2023 | June 2023 | July 2023 | August 2023 | September 2023 | October 2023 | November 2023 | December 2023 | |||||||||||||||
40 | Income | ||||||||||||||||||||||||||
41 | Revenue | ||||||||||||||||||||||||||
42 | Loans & Cash | ||||||||||||||||||||||||||
43 | Other Income (Interest, Tax Relief etc) | ||||||||||||||||||||||||||
44 | Total Income | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
45 | |||||||||||||||||||||||||||
46 | Expenses | ||||||||||||||||||||||||||
47 | Rent/Rates | ||||||||||||||||||||||||||
48 | Phone/Broadband | ||||||||||||||||||||||||||
49 | Other Utilities (Electricity, Gas etc.) | ||||||||||||||||||||||||||
50 | Insurance | ||||||||||||||||||||||||||
51 | Website Cost | ||||||||||||||||||||||||||
52 | Marketing Cost | ||||||||||||||||||||||||||
53 | Bookeeping/Accountant cost | ||||||||||||||||||||||||||
54 | Personal Salary | ||||||||||||||||||||||||||
55 | Travel, Car & Fuel & Expenses | ||||||||||||||||||||||||||
56 | Materials/Supplies | ||||||||||||||||||||||||||
57 | Equipment Cost and Hire | ||||||||||||||||||||||||||
58 | Other Operating Expenses | ||||||||||||||||||||||||||
59 | Tax | ||||||||||||||||||||||||||
60 | Interest & Bank Charges | ||||||||||||||||||||||||||
61 | Total Expenses | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
62 | |||||||||||||||||||||||||||
63 | Balance | ||||||||||||||||||||||||||
64 | Opening Balance | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | ||||||||||||||
65 | Net Cash Flow | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
66 | Closing Balance | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | ||||||||||||||
67 | Bank Overdraft Facility Amount | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | £1,000.00 | ||||||||||||||
68 | Total including overdraft | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | £1,300.00 | ||||||||||||||
69 | |||||||||||||||||||||||||||
70 | |||||||||||||||||||||||||||
71 | Tracker | ||||||||||||||||||||||||||
72 | January 2023 | February 2023 | March 2023 | April 2023 | May 2023 | June 2023 | July 2023 | August 2023 | September 2023 | October 2023 | November 2023 | December 2023 | |||||||||||||||
73 | Forecast Income | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
74 | Actual Income | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
75 | Variance | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
76 | |||||||||||||||||||||||||||
77 | Forecast Expenses | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
78 | Actual Expenses | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
79 | Vairance | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | ||||||||||||||
80 | |||||||||||||||||||||||||||
81 | Forecast Balance | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | ||||||||||||||
82 | Actual Balance | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | £300.00 | ||||||||||||||
83 | |||||||||||||||||||||||||||
84 | |||||||||||||||||||||||||||
85 | |||||||||||||||||||||||||||
86 | |||||||||||||||||||||||||||
87 | |||||||||||||||||||||||||||
88 | |||||||||||||||||||||||||||
89 | |||||||||||||||||||||||||||
90 | |||||||||||||||||||||||||||
91 | |||||||||||||||||||||||||||
92 | |||||||||||||||||||||||||||
93 | |||||||||||||||||||||||||||
94 | |||||||||||||||||||||||||||
95 | |||||||||||||||||||||||||||
96 | |||||||||||||||||||||||||||
97 | |||||||||||||||||||||||||||
98 | |||||||||||||||||||||||||||
99 | |||||||||||||||||||||||||||
100 |