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SOA help please

brightonbelle62
Posts: 85 Forumite
Hi, just trying to sort out an updated SOA for my OR interview this week - is there anything I've forgotten? My household consists of 1 adult and 1 teenager (at the moment), thanks
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 320
Partners monthly income after tax....... 0
Benefits................................ 643
Other income............................ 172
Total monthly income.................... 1135
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 276.12
Management charge (leasehold property).. 0
Council tax............................. 80
Electricity............................. 48
Gas..................................... 60
Oil..................................... 0
Water rates............................. 30
Telephone (land line)................... 57
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 280
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 10
Car Insurance........................... 20
Car maintenance (including MOT)......... 20
Car parking............................. 8.75
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 40
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 30
Emergency fund.......................... 0
Total monthly expenses.................. 1091.87
Assets
Cash.................................... 500
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 1500
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Overdraft......................1600......0.........0
Overdraft......................1400......0.........0
Tuition Fees...................725.......0.........0
MBNA CC........................6400.85...0.........0
Tax Credits OP.................3147.89...0.........0
Capital One CC.................6479.36...0.........0
Catalogue......................460.6.....0.........0
Funeral Costs..................1991......0.........0
BCA............................122.06....0.........0
RBS CC.........................9433.09...0.........0
Council tax....................334.54....0.........0
Total unsecured debts..........32094.39..0.........-
Monthly Budget Summary
Total monthly income.................... 1,135
Expenses (including secured debts)....... 1,091.87
Available for debt repayments........... 43.13
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 43.13
Personal Balance Sheet Summary
Total assets (things you own)........... 1,500
Total Secured debt...................... -0
Total Unsecured debt.................... -32,094.39
Net Assets.............................. -30,594.39
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.
======== Enter any other useful information below ========
e.g. the number of adults & children in the household, the number
of cars included in the SOA or anything else that may be useful.
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 320
Partners monthly income after tax....... 0
Benefits................................ 643
Other income............................ 172
Total monthly income.................... 1135
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 276.12
Management charge (leasehold property).. 0
Council tax............................. 80
Electricity............................. 48
Gas..................................... 60
Oil..................................... 0
Water rates............................. 30
Telephone (land line)................... 57
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 280
Clothing................................ 20
Petrol/diesel........................... 40
Road tax................................ 10
Car Insurance........................... 20
Car maintenance (including MOT)......... 20
Car parking............................. 8.75
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 40
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 30
Emergency fund.......................... 0
Total monthly expenses.................. 1091.87
Assets
Cash.................................... 500
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 1500
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Overdraft......................1600......0.........0
Overdraft......................1400......0.........0
Tuition Fees...................725.......0.........0
MBNA CC........................6400.85...0.........0
Tax Credits OP.................3147.89...0.........0
Capital One CC.................6479.36...0.........0
Catalogue......................460.6.....0.........0
Funeral Costs..................1991......0.........0
BCA............................122.06....0.........0
RBS CC.........................9433.09...0.........0
Council tax....................334.54....0.........0
Total unsecured debts..........32094.39..0.........-
Monthly Budget Summary
Total monthly income.................... 1,135
Expenses (including secured debts)....... 1,091.87
Available for debt repayments........... 43.13
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 43.13
Personal Balance Sheet Summary
Total assets (things you own)........... 1,500
Total Secured debt...................... -0
Total Unsecured debt.................... -32,094.39
Net Assets.............................. -30,594.39
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.
======== Enter any other useful information below ========
e.g. the number of adults & children in the household, the number
of cars included in the SOA or anything else that may be useful.
0
Comments
-
Forgot to mention, my tax credits aren't in payment at the moment - should I still put them down as they should be reinstated and hopefully backdated? Thanks0
-
No don't put in your tax credits if you aren't receiving them at the moment. How much do you usually get?
:j :j
0 -
brightonbelle62 wrote: »Hi, just trying to sort out an updated SOA for my OR interview this week - is there anything I've forgotten? My household consists of 1 adult and 1 teenager (at the moment), thanks
Statement of Affairs and Personal Balance Sheet
Monthly Income Details
Monthly income after tax................ 320
Partners monthly income after tax....... 0
Benefits................................ 643
Other income............................ 172
Total monthly income.................... 1135
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Rent.................................... 276.12 280
Management charge (leasehold property).. 0
Council tax............................. 80
Electricity............................. 48
Gas..................................... 60
Oil..................................... 0
Water rates............................. 30
Telephone (land line)................... 57
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 280
Clothing................................ 20 may be able to increase
Petrol/diesel........................... 40
Road tax................................ 10
Car Insurance........................... 20
Car maintenance (including MOT)......... 20
Car parking............................. 8.75 10.00
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 40 what is this for?
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 20 worth a try
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 30
Emergency fund.......................... 0
Total monthly expenses.................. 1091.87
Assets
Cash.................................... 500
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 1500
No Secured Debt
Unsecured Debts
Description....................Debt......Monthly...APR
Overdraft......................1600......0.........0
Overdraft......................1400......0.........0
Tuition Fees...................725.......0.........0
MBNA CC........................6400.85...0.........0
Tax Credits OP.................3147.89...0.........0
Capital One CC.................6479.36...0.........0
Catalogue......................460.6.....0.........0
Funeral Costs..................1991......0.........0
BCA............................122.06....0.........0
RBS CC.........................9433.09...0.........0
Council tax....................334.54....0.........0
Total unsecured debts..........32094.39..0.........-
Monthly Budget Summary
Total monthly income.................... 1,135
Expenses (including secured debts)....... 1,091.87
Available for debt repayments........... 43.13
Monthly UNsecured debt repayments....... 0
Surplus(deficit if negative)............ 43.13
Personal Balance Sheet Summary
Total assets (things you own)........... 1,500
Total Secured debt...................... -0
Total Unsecured debt.................... -32,094.39
Net Assets.............................. -30,594.39
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.
======== Enter any other useful information below ========
e.g. the number of adults & children in the household, the number
of cars included in the SOA or anything else that may be useful.
:j :j
0 -
Personally i would scrap the presents(not seen one allowed yet;) ) and up your clothes to at least £40 maybe even £60.DxFree impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D0 -
Other child related expenses - I home educate as well as run a website business from home. Car and internet are essential for both.
Would the OR query the home ed?
Maintenance is a bit sporadic but CSA useless!
Is everything else reasonable?
Thanks guys0 -
thinking like an OR...
1. your husband has NIL income?
2. are the expenses shown "in full" or what amount you pay?
3.£57 a month landline?....Now we all know how it felt to play in the band on the Titanic...0 -
My ex husband!!
Don't understand point 2 - sorry
The landline includes internet - do I separate these as I have to justify my internet service?0 -
brightonbelle62 wrote: »Other child related expenses - I home educate as well as run a website business from home. Car and internet are essential for both.
Would the OR query the home ed?
Maintenance is a bit sporadic but CSA useless!
Is everything else reasonable?
Thanks guys
I also home educate & you will find that you are allowed internet.;)
Not forgetting stationary....pens/paper/school books (meaning-letts/collins/cirriculum)
Just seen your post about landline/internet...you could put this includes if you feel you will be questioned.BR 08/05/2008
ED 29/10/20080
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