Big day tomorrow! SOA advice please

hadenoughnow

I havent included child benefit on this form.


Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 560
Other income(maintainance).............. 400
Total monthly income.................... 2360
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 110
Electricity............................. 70
Gas..................................... 70
Oil..................................... 0
Water rates............................. 58
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 650
Clothing................................ 100
Petrol/diesel........................... 50
Road tax................................ 15
Car Insurance........................... 25
Car maintenance (including MOT)......... 15
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 51
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 70
Emergency fund.......................... 0
maintainance............................ 200
Total monthly expenses.................. 2281

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 250
Other assets............................ 0
Total Assets............................ 250

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 2,360
Expenses (including HP & secured debts). 2,281
Available for debt repayments........... 79
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 79
Personal Balance Sheet Summary
Total assets (things you own)........... 250
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 250
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

skylight

Did I miss something?? Or is it because I smell??????

hadenoughnow

skylight wrote: »

Did I miss something?? Or is it because I smell??????

sorry i messed up, its there now

skylight

hadenoughnow wrote: »

I havent included child benefit on this form. You will include it on the court forms though, aren;t you?? You do need to, even though it won't be included in their IPA calculations.


Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 560
Other income(maintainance).............. 400
Total monthly income.................... 2360
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 110
Electricity............................. 70
Gas..................................... 70
Oil..................................... 0
Water rates............................. 58
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 650
Clothing................................ 100
Petrol/diesel........................... 50
Road tax................................ 15
Car Insurance........................... 25
Car maintenance (including MOT)......... 15
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0 £20 - you need to budget for this, unless you get free prescriptions etc. But glasses, contacts etc all come under this. So if you have eyewear, add some more onto that.
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0 £20 put some down.
Life assurance ......................... 51
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 70
Emergency fund.......................... 0
maintainance............................ 200
Total monthly expenses.................. 2281

Hope that helps a bit. You could add in dry cleaning too. Any union subs?

hadenoughnow

OOps forgot those i have now amended it, we get free Pxs

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits................................ 560
Other income............................ 400
Total monthly income.................... 2360
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 110
Electricity............................. 70
Gas..................................... 70
Oil..................................... 0
Water rates............................. 58
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 650
Clothing................................ 100
Petrol/diesel........................... 50
Road tax................................ 15
Car Insurance........................... 25
Car maintenance (including MOT)......... 15
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 10
Life assurance ......................... 51
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 70
Emergency fund.......................... 0
maintainance............................ 200
Total monthly expenses.................. 2311

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 250
Other assets............................ 0
Total Assets............................ 250

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 2,360
Expenses (including HP & secured debts). 2,311
Available for debt repayments........... 49
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 49
Personal Balance Sheet Summary
Total assets (things you own)........... 250
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 250
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.

peachyprice

Child related expenses, you are allowed 1 activity per child per week @ £5 ish (swimming, dancing, music, playgroup)
School dinners, if relevant.

hadenoughnow

peachyprice wrote: »

Child related expenses, you are allowed 1 activity per child per week @ £5 ish (swimming, dancing, music, playgroup)
School dinners, if relevant.

ok i will add them thanks, anymore for anymore, or does it all look ok? only got a few hous left now! no nails left either!!

peachyprice

You need to add child benefit to you income, don't worry if that takes you over £99 surplus, your suplus will be £99 + £185 before they can take an IPA.

patsypat911

For 2 adults and 2 children £100 a month for clothing is not alot especially if the kids are very young. I would put £150.

patsypat911

Sorry I meant 2 adults and 3 kids

hadenoughnow

OK HERES ANOTHER ONE. DOES THIS LOOK RIGHT NOW?

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 3
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1400
Partners monthly income after tax....... 0
Benefits (inc.CB)................................ 745
Other income............................ 400
Total monthly income.................... 2545
Monthly Expense Details
Mortgage................................ 0
Secured loan repayments................. 0
Hire Purchase (HP) repayments........... 0
Rent.................................... 695
Management charge (leasehold property).. 0
Council tax............................. 110
Electricity............................. 70
Gas..................................... 70
Oil..................................... 0
Water rates............................. 58
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 650
Clothing................................ 120
Petrol/diesel........................... 50
Road tax................................ 15
Car Insurance........................... 25
Car maintenance (including MOT)......... 15
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 15
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 10
Life assurance ......................... 51
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 70
Emergency fund.......................... 0
maintainance............................ 200
Total monthly expenses.................. 2346

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 250
Other assets............................ 0
Total Assets............................ 250

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Total unsecured debts..........0.........0.........-

Monthly Budget Summary
Total monthly income.................... 2,545
Expenses (including HP & secured debts). 2,346
Available for debt repayments........... 199
Monthly UNsecured debt repayments....... 0
Amount left after debt repayments....... 199
Personal Balance Sheet Summary
Total assets (things you own)........... 250
Total HP & Secured debt................. -0
Total Unsecured debt.................... -0
Net Assets.............................. 250
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission.