quote:

---

Originally posted by paulsc

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household.........
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 279
Partners monthly income after tax....... 0
Benefits................................ 893
Other income............................ 0
Total monthly income.................... 1172
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 30 - seems very low
Management charge (leasehold property).. 0
Council tax............................. 11 - seems very low
Electricity............................. 0
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 45
Mobile phone............................ 20 - will most likely be disallowed as you have a landline
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 250
Clothing................................ 60 - high for one person
Petrol/diesel........................... 60
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 6 - seems very low
Car parking............................. 5
Other travel............................ 60
Childcare/nursery....................... 0
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20 - will most likely be disallowed
Haircuts................................ 15 - usually £10 for an adult
Entertainment........................... 0
Holiday................................. 100 - will be reduced or disallowed as very high
Emergency fund.......................... 20 - will be disallowed as no contingency allowance in BR as not all surplus is paid into IPA
Board................................... 200
Child Maintenace........................ 145
Total monthly expenses.................. 1137

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 15
Car(s).................................. 0 - you are claiming for a car above - is that not in your name?
Other assets............................ 0
Total Assets............................ 15

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly.. .APR
Lloyda.........................9300......323...... .0
abbey..........................5300......192...... .0
M&S............................3000......30....... .0
Yes Car........................6000......30........0
Capital One....................1000......30........0
Tesco..........................3000......30....... .0
mastercard.....................3000......30....... .0
barclaycard....................3000......30....... .0
Total unsecured debts..........33600.....695.......-

Monthly Budget Summary
Total monthly income.................... 1,172
Expenses (including HP & secured debts). 1,137
Available for debt repayments........... 35
Monthly UNsecured debt repayments....... 695 - won't be paid once you are BR
Amount short for making debt repayments. -660
Personal Balance Sheet Summary
Total assets (things you own)........... 15
Total HP & Secured debt................. -0
Total Unsecured debt.................... -33,600
Net Assets.............................. -33,585
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using Firefox browser.


As bills are in my fathers name i should put down bills i pay and a max of £200 for borad - hopefully one of the others can confirm this as I'm not sure.

--------------------------------------------------------------------------------
Last edited by Holes in my pocket : Today at 5:53 PM. Reason: recitfy mistake


Holes in my pocket
View Public Profile
Send a private message to Holes in my pocket
Find More Posts by Holes in my pocket
Find all thanked posts by Holes in my pocket
Add Holes in my pocket to Your Buddy List

---