 To identify key words from last lesson on Cash flow  To construct a Cash flow forecast using given data (P3)  To analyse performance of Bright Sparks using the Cash flow forecast (M3 part)

Resources: You will have access to: Computers Time limit: 30 mins Skills/ Disposition: ICT skills Independent learning Product: A Cash flow forecast Success Criteria Complete with some errors Complete with no errors Complete with additional features The Cash flow includes Income and Expenditure (including figures) Calculations are correct The Cash flow is for 12 months Income Sales only occur in a certain time of the year and are as follows:- September £40,000, October £65,000, November £50,000 and December £45,000 Expenses are as follows:- Wages £5000 per month, but in July, August, September and October, seasonal workers increase the wages bill to £10,000 per month Heating and lighting are £1000 per quarter, with the first instalment due in March Advertising is £1500 per month payable only in September, October, November Rent is £600 per month Raw Materials are £500 per month, with the exception of June, July, August and September which is £2000 per month Insurance is £2500 for the year, payable every August The company van needs taxing in December, this is currently £160 per year Fuel and maintenance costs for the van, average out at approx £100 per month There is no opening bank balance

Bright Sparks LimitedJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember Receipts Sales Total Receipts for Month (A) Payments Wages Heating and Lighting Advertising Rent Raw Materials Insurance Van Tax Fuel&Maintenance Total Payments for Month (B) Bank Balance at Beginning of Month0 ADD total receipts (A) LESS total Payments (B) Bank Balance at end of month