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    L1 Cash Flow Worksheet

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    2007vanshi
    The document provides information about Nicky, a fashion designer who works from home and sells clothes on E-bay. It includes details of Nicky's monthly income, expenses, and cash flow over a 6 month period to create a cash flow forecast.

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    Download as DOCX, PDF, TXT or read online from Scribd

    L1 Cash Flow Worksheet

    Uploaded by

    2007vanshi
    5 views2 pages
    The document provides information about Nicky, a fashion designer who works from home and sells clothes on E-bay. It includes details of Nicky's monthly income, expenses, and cash flow over a 6 month period to create a cash flow forecast.

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    a11ee916-f852-454b-a350-090d788942c3_L1 Cash flow worksheet

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    The document provides information about Nicky, a fashion designer who works from home and sells clothes on E-bay. It includes details of Nicky's monthly income, expenses, and cash flow over a 6 month period to create a cash flow forecast.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    5 views2 pages

    L1 Cash Flow Worksheet

    Uploaded by

    2007vanshi
    The document provides information about Nicky, a fashion designer who works from home and sells clothes on E-bay. It includes details of Nicky's monthly income, expenses, and cash flow over a 6 month period to create a cash flow forecast.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Lesson 1 - Cash Flow Forecast Worksheet

    Nicky is a young fashion designer. She lives in a small flat in Leeds. She currently does not have
    enough money to open her own shop. She works form home designing and making her own clothes.
    Each month she buys the materials to make her clothes from a local shop. She sells the clothes she
    makes on E-bay. She also has a part time job working at Top Shop.

    Use the following information to design a cash flow forecast for Nicky.

    At the start of May she has £20 in her bank account.

     Nicky gets paid £150 a month from her part time job at Top Shop
     Her rent is £200 a month
     Her broadband connection costs her £10 a month
     In May she spends £50 on materials to make clothes, she sells them on E-bay for £150
     Again, in June, she spends £50 on material, this month she only sells them for £100
     In July, Nicky’s sewing machine breaks. She has to buys new one. This costs £50
     In July, August and September Nicky spends £75 a month on materials.
     In July she receives £150 from her sale son e-bay. In August £200, and September £175
     Finally, in October, Nicky does not make many clothes, she spends just £25 on materials,
    selling the clothes for £50.

    May June July August Sept Oct Total


    Opening Balance 20 60 50 15 80 120
    Income/receipts
    Top Shop 150 150 150 150 150 150 900
    Ebay sales 150 100 150 200 175 50 825
    Total receipts 300 250 300 350 325 200 1725

    Expenditure/
    payments
    Rent 200 200 200 200 200 200 1200
    Broadband 10 10 10 10 10 10 60
    Materials 50 50 75 75 75 25 350
    Sewing machine 50 50

    Total Payments 260 260 335 285 285 235 1660


    Monthly Net Cash 40 (10) (35) 65 40 (35) 65
    Flow

    Closing Balance 60 50 15 80 120 85


    Lesson 1 - Cash Flow Forecast Worksheet

    Extension:
    1 . How can Nicky improve her cash flow?

    2. Are there any issues with cash flow forecasts?

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