New Business Plan Model

					ACTION International Business Plan - Three-Year Assumptions
Coach:                          Anybody 4 training Ltd

     User Note - figures/text in red impact into model and should be entered in those cells only, not in subsequent sheets
                               Client Numbers in blue in each year's cashflows require to be updated within the cashflows
                                                                                 Year 1        Year 2         Year 3
 1   Sales Pricing Table
                                                                                     £              £             £
                                         Alignment Consultation                  1,300          1,450         1,600
                                         Monthly Mentoring Program               1,000          1,100         1,200
                                         Group Coaching, per member                800            900         1,000
                                         Profit Club                               800            800           800
     Note:
     It is assumed that in Y2 and Y3 existing clients continue to be charged at original mentoring prices,
     i.e. new clients only are charged uplifted prices.

 2   Coach is VAT registered

 3   Share Capital Invested                                                        100

 4   Franchise Purchase:                 Licence                                32,000 Years to run: 7
                                         Training                               17,000
                                                                              £ 49,000
     For CorporationTax purposes, urchase of franchise licence is to be written off to P&L over the period of the Licence.
     The training is w/o in Y1

 5   Loan to Business - Owner
     a) Loan to business required for working capital in Startup - assumed from Owner - at level required
        to minimise need for bank overdraft facility                           56,000
     b) No interest on loan assumed, but there is no reason there could not be a P&L charge for this
     c) Assumed owner would live off loan repayments initially - tax efficient
                                                                                Year 1
     d) Loan repaid (to suit owner) at rate per month of:                     £ 2,250
     NB - mix of loan repayments/salary to suit owner cash requirements and tax planning

 6   Bank Fixed Term Loan to Business
     a) Loan to business required for working capital in Startup - assumed from Bank - at level required
        to top up owner's loan. Assume fixed period loan rather than overdraft

     b) Amount borrowed                                                         £ 12,000     Years to run: 2.50

     c) Annual Interest (Assumed spread equally                                   £ 600
        for purposes of model)
ACTION International Business Plan - Three-Year Assumptions
Coach:                           Anybody 4 training Ltd

      User Note - figures/text in red impact into model and should be entered in those cells only, not in subsequent sheets
                                 Client Numbers in blue in each year's cashflows require to be updated within the cashflows
                                                                                  Year 1         Year 2        Year 3
      d) Monthly payment to bank:          Balance Sheet - Principal                400               400        400
                                           P&L - Interest                            50                50         50
                                           Cashflow - Pmts to Bank                  450               450        450


      e) Loan Setup cost (assumed)                                                 £ 350


 7    Owner's salary
      a) Owner's salary excludes 'Ers NI - shown separately
      b) Salary taken in year at level to ensure some profitability at year end
      c) No salary taken during initial months to minimise risk of overdraft
      d) No owner's pension provision made

 8    Premises
      Home working assumed for whole of Y1

 9    Other Income
      No assumptions have been made about other income such as bank interest

 10   Employers NI
      2005-06                                                                     12.80%         13.00%        13.00%


 11   Employers Pension
      Rate used                                                                   15.00%         18.00%        21.00%


 12   Capital Expenditure & Depreciation
      Policy - capitalise items with a de minimis of over                          £ 250 (suggested)
                                           Furniture - written off over                5 years straight line
                                           Equipment - written off over                3 years straight line

 13   Corporation Tax
      Note: Capital allowances/depreciation differences ignored for this model for simplicity
      but bear in mind Capital Allowances in year of expenditure (currently 50%) will save you tax.

      Corporation Tax Percentage chargeable on taxable profits:
                        Up to 10,000                                               0.00%
                        Up to 50,000                                              19.00% tapered between £10,000 and £50,000
                        Up to 300,000                                             19.00%
                         Over 300,000                                             30.00%
ACTION International Business Plan - Three-Year Assumptions
Coach:                          Anybody 4 training Ltd

      User Note - figures/text in red impact into model and should be entered in those cells only, not in subsequent sheets
                                Client Numbers in blue in each year's cashflows require to be updated within the cashflows
                                                                                 Year 1        Year 2         Year 3
 14   VAT Quarter-End Dates
      Insert a "1" against your relevant quarter-end date below:
                             M1 1
                             M2
                             M3
      It is assumed VAT is paid/recovered in month following VAT quarter-end
                       VAT Rate                                              17.50%
ACTION International Business Plan - Performance Summary
Coach: Anybody 4 training Ltd


                                                             Year 1    Year 2    Year 3
                                                                  £         £         £

   Sales                                                    119,500   232,050   293,200

   Expenditure                                               84,404   157,815   220,940


   NET PROFIT BEFORE CORPORATION TAX                        35,096    74,235     72,260

   Estimated Corporation Tax Payable (see assumption 12)     6,700    14,100     13,700



   Owner's Loan to business required/Opening Balance        56,000    29,000      2,000

   Owner's Loan repaid to owner in year                     27,000    27,000      2,000

   BALANCE OF OWNER BUSINESS LOAN REMAINING                 29,000     2,000         0




   Fixed Term Bank Loan/Opening Balance                     12,000     7,200      2,400


   Principal repaid to Bank during year:                     4,800     4,800      2,400


   BALANCE OF BANK FIXED TERM LOAN REMAINING                 7,200     2,400         0




   Bank Interest paid in Year:                                 600       600       250


   Salary paid to owner in year (Gross but excl. 'Ers NI)    6,000    36,000     64,000

   Capital Expenditure in Year                               1,300     6,500      3,000

   Bank Balance at end of year                              47,150    84,550    157,010

   Unamortised Franchise Licence Fee at end of Year         27,428    22,856     18,284

   Number of clients at end of year                             15        15        15
Licensed Coach Cash Flow Forecast Year 1
Coach:     Anybody 4 training Ltd

                                   Totals   Startup      M1        M2       M3      M4       M5      M6      M7      M8      M9     M10     M11      M12
                                                  £       £         £        £       £        £       £       £       £       £       £       £        £
 Receipts
    Alignment Consultations        19,500             1,300     2,600     1,300   1,300    2,600   1,300   1,300 1,300 1,300 2,600 1,300            1,300
    Monthly Mentoring             100,000             1,000     3,000     4,000   5,000    7,000   8,000   9,000 10,000 11,000 13,000 14,000       15,000
    Group Coaching                      0                 0         0         0       0        0       0       0      0      0      0      0            0
    Profit Club                         0                 0         0         0       0        0       0       0      0      0      0      0            0
    Share of Assoc's Income             0
    Books and DVD's                     0
    Training and Workshops              0
    Owner Loan to Business         56,000   56,000
    Bank/Other loan to Business    12,000   12,000
    Share Capital paid in             100      100
    Bank Interest                       0
    Other Income                        0
    VAT Cashflow timing diffs       4,550   (8,930)    (100)      580      620      490     910     990    1,150   1,320   1,350   2,040   1,980    2,150


 Total Receipts                   187,600   59,170    2,200     6,180     5,920   6,790 10,510 10,290 11,450 12,620 13,650 17,640 17,280           18,450


 Sales Activity
   Number of new clients            15                     1         2       1        1       2       1       1       1       1       2       1         1
   Group Coaching                    0
   Profit Club members               0
   Client Attrition (12 mths)        0                     0         0       0        0       0       0       0       0       0       0       0         0
    Total Number of clients                                1         3       4        5       7       8       9      10      11      13      14       15


 Payments
   Franchise Purchase              32,000   32,000
   ACTION Support Fee              13,500                                         1,500    1,500   1,500   1,500   1,500   1,500   1,500   1,500    1,500
   ACTION Marketing Fund            6,020               120       280      270      320      480     470     520     570     620     780     770      820
   LC's Marketing Activities        8,750             1,750       500      500      500    1,250     500     500     500   1,250     500     500      500
   Product Purchases                1,800                                           200      200     200     200     200     200     200     200      200
   Seminar Costs                    3,600               300       300      300      300      300     300     300     300     300     300     300      300
   Support Staff                        0
   Travel                           2,700      300      200       200      200      200     200     200     200     200     200     200     200      200
   Training & Development          18,200   17,000      100       100      100      100     100     100     100     100     100     100     100      100
   Telephone                        3,300      300      250       250      250      250     250     250     250     250     250     250     250      250
   General Office Expense           8,200    1,000      600       600      600      600     600     600     600     600     600     600     600      600
   Office rent, rates & Ins             0
   Equipment Hire & Repairs             0                  0        0        0        0       0       0       0       0       0       0       0        0
   Furniture Purchases                500                         500
   Equipment Purchases                800      800
   Contingency                      4,800               400       400      400      400     400     400     400     400      400     400     400      400
   Owner's Salary                   6,000                 0         0        0        0       0       0       0       0    1,500   1,500   1,500    1,500
   Employers NI                       760                 0         0        0        0       0       0       0       0      190     190     190      190
   Owner's Pension & Life Ass.        900                 0         0        0        0       0       0       0       0      225     225     225      225
   Corporation Tax Payable              0
   Owner's Loan Repayment          27,000             2,250      2,250    2,250   2,250    2,250   2,250   2,250   2,250   2,250   2,250   2,250    2,250
   Bank Loan/Charges Rpmt           5,750      350      450        450      450     450      450     450     450     450     450     450     450      450
   VAT Paid/(Recovered)               420       0         0     (9,030)       0       0    1,690       0       0   3,050       0       0   4,710        0


 Total Payments                   145,000   51,750    6,420     (3,200)   5,320   7,070    9,670   7,220   7,270 10,370 10,035     9,445 14,145     9,485


 NET CASHFLOW                      42,600     7,420   (4,220)   9,380      600     (280)    840    3,070   4,180   2,250   3,615   8,195   3,135    8,965



 Cumulative Cashflow                          7,420   3,200 12,580 13,180         12,900 13,740 16,810 20,990 23,240 26,855 35,050 38,185 47,150
Licensed Coach Profit & Loss Forecast Year 1
Coach:    Anybody 4 training Ltd
                                  Totals   Startup        M1       M2       M3       M4       M5        M6        M7       M8      M9     M10     M11     M12
                                      £          £         £        £        £        £        £         £         £        £       £       £       £       £
 Sales & Income
   Alignment Consultations        19,500               1,300     2,600    1,300    1,300    2,600    1,300     1,300 1,300 1,300 2,600 1,300 1,300
   Monthly Mentoring             100,000               1,000     3,000    4,000    5,000    7,000    8,000     9,000 10,000 11,000 13,000 14,000 15,000
   Group Coaching                      0                   0         0        0        0        0        0         0      0      0      0      0      0
   Profit Club                         0                   0         0        0        0        0        0         0      0      0      0      0      0
   Share of Assoc' Income              0
   Books and DVD's                     0
   Training and W'shops                0
   Bank/Other loan                     0

 Total Sales                     119,500         0     2,300     5,600    5,300    6,300    9,600    9,300     10,300 11,300 12,300 15,600 15,300 16,300



 Expenditure
   Franchise Licence W/O           4,572                 381      381      381       381      381      381       381       381     381     381     381     381
   ACTION Support Fee             13,500        0          0        0        0     1,500    1,500    1,500     1,500     1,500   1,500   1,500   1,500   1,500
   ACTION Marketing Fund           6,020        0        120      280      270       320      480      470       520       570     620     780     770     820
   LC's Marketing Activities       8,750        0      1,750      500      500       500    1,250      500       500       500   1,250     500     500     500
   Product Purchases               1,800        0          0        0        0       200      200      200       200       200     200     200     200     200
   Seminar Costs                   3,600        0        300      300      300       300      300      300       300       300     300     300     300     300
   Support Staff                       0        0          0        0        0         0        0        0         0         0       0       0       0       0
   Travel                          2,700      300        200      200      200       200      200      200       200       200     200     200     200     200
   Training & Development         18,200   17,000        100      100      100       100      100      100       100       100     100     100     100     100
   Telephone                       3,300      300        250      250      250       250      250      250       250       250     250     250     250     250
   General Office Expense          8,200    1,000        600      600      600       600      600      600       600       600     600     600     600     600
   Office rent, rates & Ins            0        0          0        0        0         0        0        0         0         0       0       0       0       0
   Equipment Hire/Repairs              0        0          0        0        0         0        0        0         0         0       0       0       0       0
   Depreciation Charges              352                  22       30       30        30       30       30        30        30      30      30      30      30
   Contingency                     4,800         0       400      400      400       400      400      400       400       400     400     400     400     400
   Owner's Salary                  6,000         0         0        0        0         0        0        0         0         0   1,500   1,500   1,500   1,500
   Employers NI                      760                   0        0        0         0        0        0         0         0     190     190     190     190
   Owner's Pension & Life Ass.       900                   0        0        0         0        0        0         0         0     225     225     225     225
   Loan Interest/Charges Paid        950      350         50       50       50        50       50       50        50        50      50      50      50      50
   Corporation Tax Payable             0

 Total Expenditure                84,404   18,950      4,173     3,091    3,081    4,831    5,741    4,981     5,031     5,081   7,796   7,206   7,196   7,246


 RESULT BEFORE TAX                35,096   (18,950)    (1,873)   2,509    2,219    1,469    3,859    4,319     5,269     6,219   4,504   8,394   8,104   9,054
                                  29.4%
 CUMULATIVE RESULT                         (18,950)   (20,823) (18,314) (16,095) (14,626) (10,767)   (6,448)   (1,179)   5,040   9,544 17,938 26,042 35,096
Licensed Coach Balance Sheet Year 1
Coach: Anybody 4 training Ltd

                         Startup       M1       M2       M3       M4       M5        M6        M7        M8       M9      M10      M11      M12
                               £        £        £        £        £        £         £         £         £        £        £        £        £
 Fixed Assets @ NBV
    Furniture                 0         0      492      484      476       468      460       452       444      436      428      420      412
    Equipment               800       778      756      734      712       690      668       646       624      602      580      558      536


                            800       778     1,248    1,218    1,188    1,158     1,128     1,098     1,068    1,038    1,008     978      948


 Unamortised Licence     32,000    31,619    31,238   30,857   30,476   30,095    29,714    29,333    28,952   28,571   28,190   27,809   27,428


 Current Assets
   Debtors
   Stock
   Cash at Bank            7,420    3,200    12,580   13,180   12,900   13,740    16,810    20,990    23,240   26,855   35,050   38,185   47,150


                           7,420    3,200    12,580   13,180   12,900   13,740    16,810    20,990    23,240   26,855   35,050   38,185   47,150


 Current Liabilities
   Creditors
   VAT                   (8,930)   (9,030)      580    1,200    1,690      910     1,900     3,050     1,320    2,670    4,710    1,980    4,130
   Bank Loan             12,000    11,600    11,200   10,800   10,400   10,000     9,600     9,200     8,800    8,400    8,000    7,600    7,200


                           3,070    2,570    11,780   12,000   12,090   10,910    11,500    12,250    10,120   11,070   12,710    9,580   11,330


 Net Current Assets/
 (Current Liabilities)     4,350      630      800     1,180     810     2,830     5,310     8,740    13,120   15,785   22,340   28,605   35,820



 NET ASSETS              37,150    33,027 33,286 33,255 32,474 34,083 36,152 39,171 43,140 45,394 51,538 57,392 64,196




 Funded by:
   Shareholders' Funds
   Share Capital           100         100      100      100      100      100       100       100       100      100      100      100      100
   Owners Loan          56,000      53,750 51,500 49,250 47,000 44,750            42,500    40,250    38,000   35,750   33,500   31,250   29,000
   Retained Earnings   (18,950)    (20,823) (18,314) (16,095) (14,626) (10,767)   (6,448)   (1,179)    5,040    9,544   17,938   26,042   35,096


                         37,150    33,027 33,286 33,255 32,474 34,083 36,152 39,171 43,140 45,394 51,538 57,392 64,196
Licensed Coach Capital Expenditure Year 1
Coach: Anybody 4 training Ltd

                                      Startup   M1    M2    M3    M4    M5    M6    M7    M8    M9    M10   M11   M12   TOTALS
                                            £    £     £     £     £     £     £     £     £     £      £     £     £        £
   Furniture
   Cost
       Balance B/f                               0      0   500   500   500   500   500   500   500   500   500   500        0
       Purchases                           0     0    500     0     0     0     0     0     0     0     0     0     0      500
       Disposals                                                                                                             0
       Balance C/Fwd                       0     0    500   500   500   500   500   500   500   500   500   500   500      500


   Aggregate Depreciation
       Balance B/f                               0     0     8    16    24    32    40    48     56    64    72    80        0
       Charge                    60              0     8     8     8     8     8     8     8      8     8     8     8       88
       Disposals                                                                                                             0
       Balance C/Fwd                       0     0     8    16    24    32    40    48    56     64    72    80    88       88


   Net Book Value                          0     0    492   484   476   468   460   452   444   436   428   420   412      412




   Equipment
   Cost
       Balance B/f                              800   800   800   800   800   800   800   800   800   800   800   800        0
       Purchases                         800      0     0     0     0     0     0     0     0     0     0     0     0      800
       Disposals                                                                                                             0
       Balance C/Fwd                     800    800   800   800   800   800   800   800   800   800   800   800   800      800


   Aggregate Depreciation
       Balance B/f                               0    22    44    66    88    110   132   154   176   198   220   242        0
       Charge                    36             22    22    22    22    22     22    22    22    22    22    22    22      264
       Disposals                                                                                                             0
       Balance C/Fwd                       0    22    44    66    88    110   132   154   176   198   220   242   264      264


   Net Book Value                        800    778   756   734   712   690   668   646   624   602   580   558   536      536




   Capital Expenditure Summary           800     0    500    0     0     0     0     0     0      0     0     0     0     1,300


   Depreciation Charge Summary             0    22    30    30    30    30    30    30    30     30    30    30    30      352
Licensed Coach VAT Payments etc Year 1
Coach:         Anybody 4 training Ltd


                                            Startup        M1       M2      M3      M4       M5       M6      M7       M8       M9     M10      M11      M12
                                                  £         £        £       £       £        £        £       £        £        £       £        £        £
 OUTPUT VAT
 Receipts per Cashflow Forecast                         2,300     5,600   5,300   6,300   9,600     9,300 10,300 11,300 12,300 15,600 15,300 16,300

 Adjustments for items not attracting Output VAT:
   Interest Received                                         0       0       0       0         0       0       0         0       0       0         0       0

 OUTPUT VAT                                         0   2,300     5,600   5,300   6,300   9,600     9,300 10,300 11,300 12,300 15,600 15,300 16,300

 INPUT VAT
 Payments per Cashflow Forecast             51,400      5,970     5,380   4,870   6,620   7,530     6,770   6,820   6,870     9,585   8,995   8,985     9,035

 Adjustments for items not attracting Input VAT:
   Corporation Tax Paid                                      0       0       0       0       0       0       0       0       0       0       0       0
   Loan Interest Paid                          (350)       (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)
   Franchise Licence Amortised                            (381) (381) (381) (381) (381) (381) (381) (381) (381) (381) (381) (381)
   Depreciation                                   0        (22)    (30)    (30)    (30)    (30)    (30)    (30)    (30)    (30)    (30)    (30)    (30)
   Salaries Paid                                  0          0       0       0       0       0       0       0       0 (1,915) (1,915) (1,915) (1,915)
   Bank Loan Repayments                           0       (400) (400) (400) (400) (400) (400) (400) (400) (400) (400) (400) (400)
   Owner's Loan Repayments                        0     (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250)

   INPUT VAT                                51,050      2,867     2,269   1,759   3,509   4,419     3,659   3,709   3,759     4,559   3,969   3,959     4,009


 Net Outputs/(inputs)                       (51,050)     (567)    3,331   3,541   2,791   5,181     5,641   6,591   7,541     7,741 11,631 11,341 12,291
                                                                                                                                                          Check
 VAT Payable/(Recoverable)                   (8,930)     (100)     580     620     490      910      990    1,150   1,320     1,350   2,040   1,980     2,150


 VAT Quarter-Ends                                            1        0       0       1        0        0       1        0        0       1        0        0

   Opening balance                                  0   (8,930) (9,030)    580    1,200   1,690      910    1,900   3,050     1,320   2,670   4,710     1,980

   Net Outputs/(Inputs)                      (8,930)     (100)     580     620     490      910      990    1,150   1,320     1,350   2,040   1,980     2,150

   (Paid)/Recovered in month                                      9,030      0       0    (1,690)      0       0    (3,050)      0       0    (4,710)      0


   Closing Balance                           (8,930)    (9,030)    580    1,200   1,690     910     1,900   3,050   1,320     2,670   4,710   1,980     4,130



   FRANCHISE LICENCE
   Balance Sheet - Opening                  32,000      32,000 31,619 31,238 30,857 30,476 30,095 29,714 29,333 28,952 28,571 28,190 27,809

   P&L - Amortised in Year over   7 years                 381      381     381     381      381      381     381      381      381     381      381      381


   Balance Sheet - Unamortised              32,000      31,619 31,238 30,857 30,476 30,095 29,714 29,333 28,952 28,571 28,190 27,809 27,428



   BANK LOAN
   Opening Balance                                      12,000 11,600 11,200 10,800 10,400 10,000           9,600   9,200     8,800   8,400   8,000     7,600
   Amount Borrowed                          12,000
   Repayment of Principal                                 400      400     400     400      400      400     400      400      400     400      400      400
   Closing Balance                          12,000      11,600 11,200 10,800 10,400 10,000          9,600   9,200   8,800     8,400   8,000   7,600     7,200
Licensed Coach VAT Payments etc Year 1
Coach:         Anybody 4 training Ltd


                                 Startup     M1      M2      M3      M4      M5      M6      M7      M8      M9     M10     M11     M12
                                       £      £       £       £       £       £       £       £       £       £       £       £       £

   OWNERS LOAN
   Opening Balance                         56,000 53,750 51,500 49,250 47,000 44,750 42,500 40,250 38,000 35,750 33,500 31,250
   Amount Borrowed               56,000
   Repayment of Principal                  2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250
   Closing Balance               56,000    53,750 51,500 49,250 47,000 44,750 42,500 40,250 38,000 35,750 33,500 31,250 29,000




                                                                       0
Licensed Coach Cash Flow Forecast Year 2
Coach:     Anybody 4 training Ltd

                                   Totals      M1        M2        M3       M4       M5       M6      M7      M8      M9     M10      M11       M12
                                                £         £         £        £        £        £       £       £       £       £        £         £
 Receipts
    Alignment Consultations        21,750    1,450     2,900     1,450    1,450    2,900 1,450       1,450 1,450 1,450 2,900         1,450     1,450
    Monthly Mentoring             190,000   15,100    15,300    15,400   15,500   15,700 15,800     15,900 16,000 16,100 16,300     16,400    16,500
    Group Coaching                 13,500        0         0         0    2,700        0 2,700           0 2,700       0 2,700           0     2,700
    Profit Club                     4,800        0         0         0        0        0      0      2,400 2,400       0      0          0         0
    Share of Assoc's Income         2,000                                                                            500    500        500       500
    Books and DVD's                     0
    Training and Workshops              0
    Owner Loan to Business              0
    Bank/Other loan to Business         0
    Share Capital paid in               0
    Bank Interest                       0
    Other Income                        0
    VAT Cashflow timing diffs      32,911    1,170     2,400     2,350    2,810    2,640    2,860   2,670   3,290   3,720   3,270    2,600     3,070


 Total Receipts                   264,961   17,720    20,600    19,200   22,460   21,240 22,810     22,420 25,840 21,770 25,670     20,950    24,220


 Sales Activity
   Number of new clients           15            1         2         1        1        2        1       1      1        1       2        1         1
   Group Coaching                                                             3                 3              3                3                  3
   Profit Club members                                                                                  3      3
   Client Attrition (12 mths)      15            1         2        1        1         2       1        1      1       1       2         1         1
   Total Number of clients                      15        15       15       15        15      15       15     15      15      15        15        15

 Payments
   Franchise Purchase                   0
   ACTION Support Fee              18,000    1,500     1,500     1,500    1,500    1,500    1,500   1,500   1,500   1,500   1,500    1,500     1,500
   ACTION Marketing Fund           11,510      830       910       840      980      930    1,000     990   1,130     880   1,100      890     1,030
   LC's Marketing Activities       12,600    1,800       900       900      900      900      900   1,800     900     900     900      900       900
   Product Purchases                2,400      200       200       200      200      200      200     200     200     200     200      200       200
   Seminar Costs                    3,600      300       300       300      300      300      300     300     300     300     300      300       300
   Support Staff                   19,920    1,660     1,660     1,660    1,660    1,660    1,660   1,660   1,660   1,660   1,660    1,660     1,660
   Travel                           2,400      200       200       200      200      200      200     200     200     200     200      200       200
   Training & Development           2,400      200       200       200      200      200      200     200     200     200     200      200       200
   Telephone                        3,000      250       250       250      250      250      250     250     250     250     250      250       250
   General Office Expense          12,000    1,000     1,000     1,000    1,000    1,000    1,000   1,000   1,000   1,000   1,000    1,000     1,000
   Office rent, rates & Ins         7,200      600       600       600      600      600      600     600     600     600     600      600       600
   Equipment Hire & Repairs         1,200      100       100       100      100      100      100     100     100     100     100      100       100
   Furniture Purchases              3,500    3,000       500
   Equipment Purchases              3,000    2,500       500
   Contingency                      7,200      600       600       600      600      600      600     600     600     600     600      600       600
   Owner's Salary                  36,000    3,000     3,000     3,000    3,000    3,000    3,000   3,000   3,000   3,000   3,000    3,000     3,000
   Employers NI                     4,680      390       390       390      390      390      390     390     390     390     390      390       390
   Owner's Pension & Life Ass.      6,480      540       540       540      540      540      540     540     540     540     540      540       540
   Corporation Tax Payable          6,700                                                                           6,700
   Owner Loan Repayment            27,000    2,250     2,250     2,250    2,250    2,250    2,250   2,250   2,250   2,250   2,250    2,250     2,250
   Bank Loan & interest Paid        5,400      450       450       450      450      450      450     450     450     450     450      450       450
   VAT Paid/(Recovered)            31,310        0     5,300         0        0    7,560        0       0   8,170       0       0   10,280         0


 Total Payments                   227,500   21,370    21,350    14,980   15,120   22,630 15,140     16,030 23,440 21,720 15,240     25,310    15,170


 NET CASHFLOW                      37,461   (3,650)    (750)     4,220    7,340   (1,390)   7,670   6,390   2,400     50 10,430     (4,360)    9,050



 Cumulative Cashflow                        (3,650)   (4,400)    (180)    7,160    5,770 13,440     19,830 22,230 22,280 32,710     28,350    37,400
Licensed Coach Profit & Loss Forecast Year 2
Coach:     Anybody 4 training Ltd
                                    Totals     M1      M2      M3      M4      M5      M6      M7      M8      M9     M10     M11      M12
                                        £       £       £       £       £       £       £       £       £       £       £       £        £
  Sales & Income
    Alignment Consultations         21,750    1,450 2,900 1,450 1,450 2,900 1,450 1,450 1,450 1,450 2,900 1,450                       1,450
    Monthly Mentoring              190,000   15,100 15,300 15,400 15,500 15,700 15,800 15,900 16,000 16,100 16,300 16,400            16,500
    Group Coaching                  13,500        0      0      0 2,700       0 2,700       0 2,700       0 2,700       0             2,700
    Profit Club                      4,800        0      0      0      0      0      0 2,400 2,400        0      0      0                 0
    Share of Assoc' Income           2,000        0      0      0      0      0      0      0      0    500    500    500               500
    Books and DVD's                      0        0      0      0      0      0      0      0      0      0      0      0                 0
    Training and W'shops                 0        0      0      0      0      0      0      0      0      0      0      0                 0
     Bank/Other loan to Business         0

  Total Sales                      232,050   16,550 18,200 16,850 19,650 18,600 19,950 19,750 22,550 18,050 22,400 18,350            21,150



  Expenditure
    Franchise Written Off            4,572     381     381     381     381     381     381     381     381     381     381     381      381
    ACTION Support Fee              18,000   1,500   1,500   1,500   1,500   1,500   1,500   1,500   1,500   1,500   1,500   1,500    1,500
    ACTION Marketing Fund           11,510     830     910     840     980     930   1,000     990   1,130     880   1,100     890    1,030
    LC's Marketing Activities       12,600   1,800     900     900     900     900     900   1,800     900     900     900     900      900
    Product Purchases                2,400     200     200     200     200     200     200     200     200     200     200     200      200
    Seminar Costs                    3,600     300     300     300     300     300     300     300     300     300     300     300      300
    Support Staff                   19,920   1,660   1,660   1,660   1,660   1,660   1,660   1,660   1,660   1,660   1,660   1,660    1,660
    Travel                           2,400     200     200     200     200     200     200     200     200     200     200     200      200
    Training & Development           2,400     200     200     200     200     200     200     200     200     200     200     200      200
    Telephone                        3,000     250     250     250     250     250     250     250     250     250     250     250      250
    General Office Expense          12,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000    1,000
    Office rent, rates & Ins         7,200     600     600     600     600     600     600     600     600     600     600     600      600
    Equipment Hire & Repairs         1,200     100     100     100     100     100     100     100     100     100     100     100      100
    Depreciation Charges             2,053     150     173     173     173     173     173     173     173     173     173     173      173
    Contingency                      7,200     600     600     600     600     600     600     600     600     600     600     600      600
    Owner's Salary                  36,000   3,000   3,000   3,000   3,000   3,000   3,000   3,000   3,000   3,000   3,000   3,000    3,000
    Employers NI                     4,680     390     390     390     390     390     390     390     390     390     390     390      390
    Owner's Pension & Life Ass.      6,480     540     540     540     540     540     540     540     540     540     540     540      540
    Bank Loan Interest                 600      50      50      50      50      50      50      50      50      50      50      50       50

  Total Expenditure                157,815   13,751 12,954 12,884 13,024 12,974 13,044 13,934 13,174 12,924 13,144 12,934            13,074


  RESULT BEFORE TAX                 74,235   2,799   5,246   3,966   6,626   5,626   6,906   5,816   9,376   5,126   9,256   5,416    8,076
                                    32.0%
  CUMULATIVE RESULT                          2,799   8,045 12,011 18,637 24,263 31,169 36,985 46,361 51,487 60,743 66,159            74,235
Licensed Coach Balance Sheet Year 2
Coach: Anybody 4 training Ltd

                         PY Closing      M1       M2       M3       M4       M5       M6       M7       M8       M9      M10      M11      M12
                                  £       £        £        £        £        £        £        £        £        £        £        £        £
 Fixed Assets
    Furniture                  412     3,354    3,787    3,720    3,653    3,586    3,519    3,452    3,385    3,318    3,251    3,184    3,117
    Equipment                  536     2,944    3,338    3,232    3,126    3,020    2,914    2,808    2,702    2,596    2,490    2,384    2,278

                               948     6,298    7,125    6,952    6,779    6,606    6,433    6,260    6,087    5,914    5,741    5,568    5,395


 Unamortised Licence        27,428    27,047   26,666   26,285   25,904   25,523   25,142   24,761   24,380   23,999   23,618   23,237   22,856


 Current Assets
   Debtors                       0
   Stock                         0
   Bank                     47,150    43,500   42,750   46,970   54,310   52,920   60,590   66,980   69,380   69,430   79,860   75,500   84,550


                            47,150    43,500   42,750   46,970   54,310   52,920   60,590   66,980   69,380   69,430   79,860   75,500   84,550


 Current Liabilities
   Creditors                     0
   VAT                       4,130     5,300    2,400    4,750    7,560    2,640    5,500    8,170    3,290    7,010   10,280    2,600    5,670
   Bank Loan                 7,200     6,800    6,400    6,000    5,600    5,200    4,800    4,400    4,000    3,600    3,200    2,800    2,400


                            11,330    12,100    8,800   10,750   13,160    7,840   10,300   12,570    7,290   10,610   13,480    5,400    8,070


 Net Current Assets/
 (Current Liabilities)      35,820    31,400   33,950   36,220   41,150   45,080   50,290   54,410   62,090   58,820   66,380   70,100   76,480



 NET ASSETS                 64,196    64,745 67,741 69,457 73,833 77,209 81,865 85,431 92,557 88,733 95,739                     98,905 104,731




 Funded by:
   Shareholders' Funds
   Share Capital               100       100      100      100      100      100      100      100      100      100      100       100     100
   Owners Loan              29,000    26,750   24,500   22,250   20,000   17,750   15,500   13,250   11,000    8,750    6,500     4,250   2,000
   Retained Earnings        35,096    37,895   43,141   47,107   53,733   59,359   66,265   72,081   81,457   86,583   95,839   101,255 109,331


                            64,196    64,745 67,741 69,457 73,833 77,209 81,865 85,431 92,557 95,433 ###### 105,605 111,431
Licensed Coach Capital Expenditure Year 2
Coach: Anybody 4 training Ltd

                               W/o      M1    M2    M3    M4    M5    M6    M7    M8    M9    M10    M11   M12   TOTALS
                              Months     £     £     £     £     £     £     £     £     £      £      £     £        £
   Furniture
   Cost
      Balance B/f                        500 3,500 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000       500
      Purchases                        3,000   500     0     0     0     0     0     0     0     0     0     0     3,500
      Disposals                                                                                                        0
      Balance C/Fwd                    3,500 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000 4,000     4,000


   Aggregate Depreciation
      Balance B/f                        88   146   213   280   347   414   481   548   615    682   749   816       88
      Charge                    60       58    67    67    67    67    67    67    67    67     67    67    67      795
      Disposals                                                                                                       0
      Balance C/Fwd                     146   213   280   347   414   481   548   615   682    749   816   883      883


   Net Book Value                      3,354 3,787 3,720 3,653 3,586 3,519 3,452 3,385 3,318 3,251 3,184 3,117     3,117




   Equipment
   Cost
      Balance B/f                        800 3,300 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800       800
      Purchases                        2,500   500     0     0     0     0     0     0     0     0     0     0     3,000
      Disposals                                                                                                        0
      Balance C/Fwd                    3,300 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800     3,800


   Aggregate Depreciation
      Balance B/f                       264   356   462   568   674   780   886   992 1,098 1,204 1,310 1,416        264
      Charge                    36       92   106   106   106   106   106   106   106   106   106   106   106      1,258
      Disposals                                                                                                        0
      Balance C/Fwd                     356   462   568   674   780   886   992 1,098 1,204 1,310 1,416 1,522      1,522


   Net Book Value                      2,944 3,338 3,232 3,126 3,020 2,914 2,808 2,702 2,596 2,490 2,384 2,278     2,278


Capital Expenditure Summary            3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800 3,800     6,500




Depreciation Charge Summary             150   173   173   173   173   173   173   173   173    173   173   173     2,053
Licensed Coach VAT Payments etc Year 2
Coach:         Anybody 4 training Ltd


                                             M1        M2       M3      M4       M5       M6      M7       M8        M9      M10     M11     M12
                                              £         £        £       £        £        £       £        £         £        £       £       £
 OUTPUT VAT
 Receipts per Cashflow Forecast          16,550 18,200 16,850 19,650 18,600 19,950 19,750 22,550 18,050 22,400 18,350 21,150

 Adjustments for items not attracting Output VAT:
   Interest Received                           0         0       0       0         0       0       0         0         0       0       0       0

 OUTPUT VAT                              16,550 18,200 16,850 19,650 18,600 19,950 19,750 22,550 18,050 22,400 18,350 21,150

 INPUT VAT
 Payments per Cashflow Forecast          18,670 13,350 12,280 12,420 12,370 12,440 13,330 12,570 12,320 12,540 12,330 12,470

 Adjustments for items not attracting Input VAT:
   Tax Paid                                     0       0       0       0       0       0       0       0 (6,700)       0       0       0
   Loan Interest Paid                         (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)    (50)
   Franchise Licence Amortised               (381) (381) (381) (381) (381) (381) (381) (381) (381) (381) (381) (381)
   Depreciation                              (150) (173) (173) (173) (173) (173) (173) (173) (173) (173) (173) (173)
   Salaries Paid                           (5,590) (5,590) (5,590) (5,590) (5,590) (5,590) (5,590) (5,590) (5,590) (5,590) (5,590) (5,590)
   Bank Loan Repayments                      (400) (400) (400) (400) (400) (400) (400) (400) (400) (400) (400) (400)
   Owner's Loan Repayments                 (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250) (2,250)

   INPUT VAT                              9,849     4,506     3,436   3,576   3,526     3,596   4,486   3,726     (3,224)   3,696   3,486   3,626


 Net Outputs/(inputs)                     6,701 13,694 13,414 16,074 15,074 16,354 15,264 18,824 21,274 18,704 14,864 17,524
                                                                                                                                              Check
 VAT Payable/(Recoverable)                1,170     2,400     2,350   2,810   2,640     2,860   2,670   3,290     3,720     3,270   2,600   3,070


 VAT Quarter-Ends                             1          0        0       1        0        0       1        0         0        1       0       0

   Opening balance                        4,130     5,300     2,400   4,750   7,560     2,640   5,500   8,170     3,290     7,010 10,280    2,600

   Net Outputs/(Inputs)                   1,170     2,400     2,350   2,810   2,640     2,860   2,670   3,290     3,720     3,270   2,600   3,070

   (Paid)/Recovered in month                        (5,300)      0       0    (7,560)      0       0    (8,170)        0       0 ######        0


   Closing Balance                        5,300     2,400     4,750   7,560   2,640     5,500   8,170   3,290     7,010 10,280      2,600   5,670



   FRANCHISE LICENCE
   Balance Sheet - Opening               27,428 27,047 26,666 26,285 25,904 25,523 25,142 24,761 24,380 23,999 23,618 23,237

   P&L - Amortised in Year        7         381       381      381     381      381      381     381      381       381      381     381     381


   Balance Sheet - Unamortised           27,047 26,666 26,285 25,904 25,523 25,142 24,761 24,380 23,999 23,618 23,237 22,856



   BANK LOAN
   Opening Balance                        7,200     6,800     6,400   6,000   5,600     5,200   4,800   4,400     4,000     3,600   3,200   2,800
   Amount Borrowed
   Repayment of Principal                   400       400      400     400      400      400     400      400       400      400     400     400
   Closing Balance                        6,800     6,400     6,000   5,600   5,200     4,800   4,400   4,000     3,600     3,200   2,800   2,400
Licensed Coach VAT Payments etc Year 2
Coach:         Anybody 4 training Ltd


                                  M1       M2      M3      M4      M5      M6      M7      M8      M9     M10     M11     M12
                                   £        £       £       £       £       £       £       £       £       £       £       £

   OWNERS LOAN
   Opening Balance             29,000 26,750 24,500 22,250 20,000 17,750 15,500 13,250 11,000            8,750   6,500   4,250
   Amount Borrowed
   Repayment of Principal       2,250    2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250   2,250
   Closing Balance             26,750 24,500 22,250 20,000 17,750 15,500 13,250 11,000           8,750   6,500   4,250   2,000




                                                             0
Licensed Coach Cash Flow Forecast Year 3
Coach:     Anybody 4 training Ltd

                                   Totals      M1      M2       M3       M4       M5      M6      M7      M8      M9      M10      M11       M12
                                                £       £        £        £        £       £       £       £       £        £        £         £
 Receipts
    Alignment Consultations        24,000    1,600 3,200      1,600    1,600    1,600 3,200      1,600 1,600 3,200       1,600    1,600     1,600
    Monthly Mentoring             208,000   16,600 16,800    16,900   17,000   16,000 17,300    17,400 17,500 18,800    17,800   17,900    18,000
    Group Coaching                 30,000        0 5,000          0    5,000        0 5,000          0 5,000       0     5,000        0     5,000
    Profit Club                    19,200    3,200      0     3,200        0    3,200      0     3,200      0 3,200          0    3,200         0
    Share of Assoc's Income        12,000    1,000 1,000      1,000    1,000    1,000 1,000      1,000 1,000 1,000       1,000    1,000     1,000
    Books and DVD's                     0
    Training and Workshops              0
    Owner Loan to Business              0
    Bank/Other loan to Business         0
    Share Capital paid in               0
    Bank Interest                       0
    Other Income                        0
    VAT Cashflow timing diffs      36,711    2,290   3,310    2,760    3,070    2,610   3,390   2,530   3,090   4,440    3,140    2,850     3,170


 Total Receipts                   329,911   24,690 29,310    25,460   27,670   24,410 29,890    25,730 28,190 30,640    28,540   26,550    28,770


 Sales Activity
   Number of new clients           15            1       2        1        1        1       2       1       1       2        1        1         1
   Group Coaching                                        5                 5                5               5                5                  5
   Profit Club members                          4                4                 4                4              4                  4
   Client Attrition (12 mths)      15           1       2        1        1        2       1        1      1       1        2         1         1
   Total Number of clients                     15      15       15       15       14      15       15     15      16       15        15        15

 Payments
   Franchise Purchase                   0
   ACTION Support Fee              18,000    1,500   1,500    1,500    1,500    1,500   1,500   1,500   1,500   1,500    1,500    1,500     1,500
   ACTION Marketing Fund           14,680    1,120   1,300    1,140    1,230    1,090   1,330   1,160   1,260   1,310    1,270    1,190     1,280
   LC's Marketing Activities        8,800    1,900     500      500      500      500     500   1,900     500     500      500      500       500
   Product Purchases                3,600      300     300      300      300      300     300     300     300     300      300      300       300
   Seminar Costs                    4,200      350     350      350      350      350     350     350     350     350      350      350       350
   Support Staff                   21,600    1,800   1,800    1,800    1,800    1,800   1,800   1,800   1,800   1,800    1,800    1,800     1,800
   Travel                           3,600      300     300      300      300      300     300     300     300     300      300      300       300
   Training & Development           3,000      250     250      250      250      250     250     250     250     250      250      250       250
   Telephone                        3,600      300     300      300      300      300     300     300     300     300      300      300       300
   General Office Expense          15,000    1,250   1,250    1,250    1,250    1,250   1,250   1,250   1,250   1,250    1,250    1,250     1,250
   Office rent, rates & Ins        11,400      950     950      950      950      950     950     950     950     950      950      950       950
   Equipment Hire & Repairs         1,500      125     125      125      125      125     125     125     125     125      125      125       125
   Furniture Purchases              1,000    1,000
   Equipment Purchases              2,000    2,000
   Contingency                     12,000    1,000   1,000    1,000    1,000    1,000   1,000   1,000   1,000   1,000    1,000    1,000     1,000
   Owner's Salary                  64,000    3,500   5,500    5,500    5,500    5,500   5,500   5,500   5,500   5,500    5,500    5,500     5,500
   Employers NI                     8,320      455     715      715      715      715     715     715     715     715      715      715       715
   Owner's Pension & Life Ass.     13,440      735   1,155    1,155    1,155    1,155   1,155   1,155   1,155   1,155    1,155    1,155     1,155
   Corporation Tax Payable          6,700                                                                       6,700
   Owner Loan Repayment             2,000    2,000       0       0        0         0      0        0       0       0       0         0         0
   Bank Loan & Interest Paid        2,650      450     450     450      450       450    400        0       0       0       0         0         0
   VAT Paid/(Recovered)            36,300        0   7,960       0        0     9,140      0        0   8,530       0       0    10,670         0


 Total Payments                   257,390   21,285 25,705    17,585   17,675   26,675 17,725    18,555 25,785 24,005    17,265   27,855    17,275


 NET CASHFLOW                      72,521    3,405   3,605    7,875    9,995   (2,265) 12,165   7,175   2,405   6,635   11,275   (1,305)   11,495



 Cumulative Cashflow                         3,405   7,010   14,885   24,880   22,615 34,780    41,955 44,360 50,995    62,270   60,965    72,460
Licensed Coach Profit & Loss Forecast Year 3
Coach: Anybody 4 training Ltd
                                   Totals      M1     M2      M3      M4      M5      M6      M7      M8       M9      M10      M11      M12
                                       £        £      £       £       £       £       £       £       £        £        £        £        £
 Sales & Income
   Alignment Consultations         24,000    1,600 3,200 1,600 1,600 1,600 3,200 1,600 1,600                 3,200    1,600    1,600    1,600
   Monthly Mentoring              208,000   16,600 16,800 16,900 17,000 16,000 17,300 17,400 17,500         18,800   17,800   17,900   18,000
   Group Coaching                  30,000        0 5,000       0 5,000       0 5,000       0 5,000               0    5,000        0    5,000
   Profit Club                     19,200    3,200      0 3,200       0 3,200       0 3,200       0          3,200        0    3,200        0
   Share of Assoc' Income          12,000    1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000                 1,000    1,000    1,000    1,000
   Books and DVD's                      0        0      0      0      0      0      0      0      0              0        0        0        0
   Training and W'shops                 0        0      0      0      0      0      0      0      0              0        0        0        0
    Bank/Other loan to Business         0

 Total Sales                      293,200   22,400 26,000 22,700 24,600 21,800 26,500 23,200 25,100         26,200   25,400   23,700   25,600

 Expenditure
   Franchise Written Off            4,572     381     381     381     381     381     381     381     381      381      381      381      381
   ACTION Support Fee              18,000   1,500   1,500   1,500   1,500   1,500   1,500   1,500   1,500    1,500    1,500    1,500    1,500
   ACTION Marketing Fund           14,680   1,120   1,300   1,140   1,230   1,090   1,330   1,160   1,260    1,310    1,270    1,190    1,280
   LC's Marketing Activities        8,800   1,900     500     500     500     500     500   1,900     500      500      500      500      500
   Product Purchases                3,600     300     300     300     300     300     300     300     300      300      300      300      300
   Seminar Costs                    4,200     350     350     350     350     350     350     350     350      350      350      350      350
   Support Staff                   21,600   1,800   1,800   1,800   1,800   1,800   1,800   1,800   1,800    1,800    1,800    1,800    1,800
   Travel                           3,600     300     300     300     300     300     300     300     300      300      300      300      300
   Training & Development           3,000     250     250     250     250     250     250     250     250      250      250      250      250
   Telephone                        3,600     300     300     300     300     300     300     300     300      300      300      300      300
   General Office Expense          15,000   1,250   1,250   1,250   1,250   1,250   1,250   1,250   1,250    1,250    1,250    1,250    1,250
   Office rent, rates & Ins        11,400     950     950     950     950     950     950     950     950      950      950      950      950
   Equipment Hire & Repairs         1,500     125     125     125     125     125     125     125     125      125      125      125      125
   Depreciation Charges             2,928     244     244     244     244     244     244     244     244      244      244      244      244
   Contingency                     12,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000   1,000    1,000    1,000    1,000    1,000
   Owner's Salary                  64,000   3,500   5,500   5,500   5,500   5,500   5,500   5,500   5,500    5,500    5,500    5,500    5,500
   Employers NI                     8,320     455     715     715     715     715     715     715     715      715      715      715      715
   Owner's Pension & Life Ass.     13,440     735   1,155   1,155   1,155   1,155   1,155   1,155   1,155    1,155    1,155    1,155    1,155
   Bank Loan Interest                 250      50      50      50      50      50       0       0       0        0        0        0        0

 Total Expenditure                220,940   16,510 17,970 17,810 17,900 17,760 17,950 19,180 17,880         24,630   17,890   17,810   17,900


 RESULT BEFORE TAX                 72,260   5,890   8,030   4,890   6,700   4,040   8,550   4,020   7,220    1,570    7,510    5,890    7,700
                                   24.6%
 CUMULATIVE RESULT                          5,890 13,920 18,810 25,510 29,550 38,100 42,120 49,340          50,910   58,420   64,310   72,010
Licensed Coach Balance Sheet Year 3
Coach: Anybody 4 training Ltd

                         PY Closing       M1         M2         M3         M4         M5         M6         M7         M8         M9        M10        M11        M12
                                  £        £          £          £          £          £          £          £          £          £          £          £          £
 Fixed Assets
    Furniture                3,117      4,034      3,951      3,868      3,785      3,702      3,619      3,536      3,453      3,370      3,287      3,204      3,121
    Equipment                2,278      4,117      3,956      3,795      3,634      3,473      3,312      3,151      2,990      2,829      2,668      2,507      2,346

                             5,395      8,151      7,907      7,663      7,419      7,175      6,931      6,687      6,443      6,199      5,955      5,711      5,467


 Unamortised Licence 22,856            22,475     22,094     21,713     21,332     20,951     20,570     20,189     19,808     19,427     19,046     18,665     18,284


 Current Assets
   Debtors                       0
   Stock                         0
   Bank                     84,550     87,955     91,560     99,435 109,430 107,165 119,330 126,505 128,910 135,545 146,820 145,515 157,010


                            84,550     87,955     91,560     99,435 109,430 107,165 119,330 126,505 128,910 135,545 146,820 145,515 157,010


 Current Liabilities
   Creditors                     0
   VAT                       5,670      7,960      3,310      6,070      9,140      2,610      6,000      8,530      3,090      7,530     10,670      2,850      6,020
   Bank Loan                 2,400      2,000      1,600      1,200        800        400          0          0          0          0          0          0          0


                             8,070      9,960      4,910      7,270      9,940      3,010      6,000      8,530      3,090      7,530     10,670      2,850      6,020


 Net Current Assets/
 (Current Liabilities)      76,480     77,995     86,650     92,165     99,490 104,155 113,330 117,975 125,820 128,015 136,150 142,665 150,990



 NET ASSETS                 ######    108,621 116,651 121,541 128,241 132,281 140,831 144,851 152,071 153,641 161,151 167,041 174,741




 Funded by:
   Shareholders' Funds
   Share Capital          100             100     100     100     100     100     100     100     100     100     100     100     100
   Owners Loan          2,000               0       0       0       0       0       0       0       0       0       0       0       0
   Retained Earnings   ######         115,221 123,251 128,141 134,841 138,881 147,431 151,451 158,671 160,241 167,751 173,641 181,341


                            ######    115,321 123,351 128,241 134,941 138,981 147,531 151,551 158,771 160,341 167,851 173,741 181,441
   Check = 0                            (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)    (6,700)
Licensed Coach Capital Expenditure Year 3
Coach:Anybody 4 training Ltd

                             W/o      M1      M2      M3      M4      M5      M6      M7      M8      M9     M10     M11     M12     TOTALS
                            Months     £       £       £       £       £       £       £       £       £       £       £       £          £
   Furniture
   Cost
      Balance B/f                    4,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000     4,000
      Purchases                      1,000       0       0       0       0       0       0       0       0       0       0       0     1,000
      Disposals                                                                                                                            0
      Balance C/Fwd                  5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000   5,000     5,000


   Aggregate Depreciation
      Balance B/f                     883     966    1,049   1,132   1,215   1,298   1,381   1,464   1,547   1,630   1,713   1,796      883
      Charge                  60       83      83       83      83      83      83      83      83      83      83      83      83      996
      Disposals                                                                                                                           0
      Balance C/Fwd                   966    1,049   1,132   1,215   1,298   1,381   1,464   1,547   1,630   1,713   1,796   1,879     1,879


   Net Book Value                    4,034   3,951   3,868   3,785   3,702   3,619   3,536   3,453   3,370   3,287   3,204   3,121     3,121




   Equipment
   Cost
      Balance B/f                    3,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800     3,800
      Purchases                      2,000       0       0       0       0       0       0       0       0       0       0       0     2,000
      Disposals                                                                                                                            0
      Balance C/Fwd                  5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800   5,800     5,800


   Aggregate Depreciation
      Balance B/f                    1,522   1,683   1,844   2,005   2,166   2,327   2,488   2,649   2,810   2,971   3,132   3,293     1,522
      Charge                  36       161     161     161     161     161     161     161     161     161     161     161     161     1,932
      Disposals                                                                                                                            0
      Balance C/Fwd                  1,683   1,844   2,005   2,166   2,327   2,488   2,649   2,810   2,971   3,132   3,293   3,454     3,454


   Net Book Value                    4,117   3,956   3,795   3,634   3,473   3,312   3,151   2,990   2,829   2,668   2,507   2,346     2,346




Capital Expenditure Summary          3,000      0       0       0       0       0       0       0       0       0       0       0      3,000


Depreciation Charge Summary           244     244     244     244     244     244     244     244     244     244     244     244      2,928
Licensed Coach VAT Payments etc Year 2
Coach:         Anybody 4 training Ltd


                                          M1          M2      M3      M4       M5       M6      M7       M8       M9     M10      M11       M12
                                           £           £       £       £        £        £       £        £        £       £        £         £
 OUTPUT VAT
 Receipts per Cashflow Forecast        22,400 26,000 22,700 24,600 21,800 26,500 23,200 25,100 26,200 25,400                    23,700    25,600

 Adjustments for items not attracting Output VAT:
   Interest Received                         0         0       0       0         0       0       0         0       0       0         0         0

 OUTPUT VAT                            22,400 26,000 22,700 24,600 21,800 26,500 23,200 25,100 26,200 25,400                    23,700    25,600

 INPUT VAT
 Payments per Cashflow Forecast        18,835 17,295 17,135 17,225 17,085 17,325 18,555 17,255 17,305 17,265                    17,185    17,275

 Adjustments for items not attracting Input VAT:
   Tax Paid                                   0       0       0       0       0       0       0       0 (6,700)       0              0         0
   Loan Interest Paid                         0       0       0       0       0       0       0       0       0       0              0         0
   Franchise Licence Amortised             (381) (381) (381) (381) (381) (381) (381) (381) (381) (381)                            (381)     (381)
   Depreciation                            (244) (244) (244) (244) (244) (244) (244) (244) (244) (244)                            (244)     (244)
   Salaries Paid                         (6,490) (9,170) (9,170) (9,170) (9,170) (9,170) (9,170) (9,170) (9,170) (9,170)        (9,170)   (9,170)
   Bank Loan Repayments                    (400) (400) (400) (400) (400) (400)                0       0       0       0              0         0
   Owner's Loan Repayments               (2,000)      0       0       0       0       0       0       0       0       0              0         0

   INPUT VAT                            9,320       7,100   6,940   7,030   6,890     7,130   8,760   7,460      810    7,470    7,390     7,480


 Net Outputs/(inputs)                  13,080 18,900 15,760 17,570 14,910 19,370 14,440 17,640 25,390 17,930                    16,310    18,120


 VAT Payable/(Recoverable)              2,290       3,310   2,760   3,070   2,610     3,390   2,530   3,090     4,440   3,140    2,850     3,170


 VAT Quarter-Ends                           1           0       0       1        0        0       1        0        0       1        0         0

   Opening balance                      5,670       7,960   3,310   6,070   9,140     2,610   6,000   8,530     3,090   7,530   10,670     2,850

   Net Outputs/(Inputs)                 2,290       3,310   2,760   3,070   2,610     3,390   2,530   3,090     4,440   3,140    2,850     3,170

   (Paid)/Recovered in period                   (7,960)        0       0    (9,140)      0       0    (8,530)      0       0 (10,670)          0


   Closing Balance                      7,960       3,310   6,070   9,140   2,610     6,000   8,530   3,090     7,530 10,670     2,850     6,020



   FRANCHISE LICENCE
   Balance Sheet - Opening             22,856 22,475 22,094 21,713 21,332 20,951 20,570 20,189 19,808 19,427                    19,046    18,665

   P&L - Amortised in Year        7       381        381     381     381      381      381     381      381      381     381      381       381


   Balance Sheet - Unamortised         22,475 22,094 21,713 21,332 20,951 20,570 20,189 19,808 19,427 19,046                    18,665    18,284
Licensed Coach VAT Payments etc Year 2
Coach:         Anybody 4 training Ltd


                                M1       M2      M3      M4    M5    M6    M7   M8   M9   M10   M11   M12
                                 £        £       £       £     £     £     £    £    £     £     £     £
   Bank Loan
   Opening Balance            2,400   2,000    1,600   1,200   800   400    0    0    0     0     0     0
   Amount Borrowed
   Repayment of Principal      400       400    400     400    400   400    0    0    0     0     0     0
   Closing Balance            2,000   1,600    1,200    800    400     0    0    0    0     0     0     0



   OWNERS LOAN
   Opening Balance            2,000        0      0       0      0     0    0    0    0     0     0     0
   Amount Borrowed
   Repayment of Principal     2,000        0      0       0      0     0    0    0    0     0     0     0
   Closing Balance               0         0      0       0      0     0    0    0    0     0     0     0

				
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