My SOA

ollie2008uk

Hi guys,

Would you please mind looking over my SOA.

I dont know how to load it on here so here is the link to it. It should open in word.

Thanks


Ollie

http://rapidshare.com/files/234433406/soa2.doc

Merry_Gentry

Your link isn't working for me. Try completing it here: http://www.makesenseofcards.co.uk/soacalc.html

Click the format for MSE and paste it.

StuntmanBob

The one here is "standard" and when you're done you can cut and paste the whole thing into your thread. Personally I wouldn't post the word document (it includes your car registration number by the way).
http://www.makesenseofcards.com/soacalc.html

As regards this:

SKY £60 won't be allowed

VODAFONE £60 - seems very high - unlikely to be allowed

HUGHES £ 52 - say what this is for

SOCIALISING £65 - won't be allowed


THE TOTAL HOUSEHOLD OUTGOINGS ARE £1700 - irrelevant. Your SoA should detail your income and expenditure. Seems odd to me that your rent is so low, no utility bills, etc. I suggest you work more on your SoA using the calculator link above.

Merry_Gentry

Holes_in_my_pocket wrote: »

spam
dont know how to report it

Holes, it's not spam, it just that the private document doesn't open - just the filesharing place s/he set it up.

StuntmanBob

Holes_in_my_pocket wrote: »

spam
dont know how to report it

It's not spam - the links all work and do point to an SoA which I'm looking at now. However to the OP posting a link to a Word doc isn't a good idea!

EDIT: Oliver, your word doc contains just enough information for me to have found your full name and address using Google - you really should be more careful!

ollie2008uk

StuntmanBob wrote: »

It's not spam - the links all work and do point to an SoA which I'm looking at now. However to the OP posting a link to a Word doc isn't a good idea!

EDIT: Oliver, your word doc contains just enough information for me to have found your full name and address using Google - you really should be more careful!

Thanks for that. I didnt realise that.

beentheredonethatstilhere

Ollie, please use the SOA that the others have linked to, format to MSE and copy and paste it here so we can check it for you.

ollie2008uk

Ok here we go. Take 2!!

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 780
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 780
Monthly Expense Details
Mortgage................................ 330
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 55
Council tax............................. 60
Electricity............................. 20
Gas..................................... 20
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 10
Mobile phone............................ 40
TV Licence.............................. 6
Satellite/Cable TV...................... 30
Internet Services....................... 5
Groceries etc. ......................... 125
Clothing................................ 25
Petrol/diesel........................... 20
Road tax................................ 5
Car Insurance........................... 10
Car maintenance (including MOT)......... 5
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 4
Buildings insurance..................... 0
Contents insurance...................... 6
Life assurance ......................... 18
Other insurance......................... 5
Presents (birthday, christmas etc)...... 10
Haircuts................................ 0
Entertainment........................... 30
Holiday................................. 10
Emergency fund.......................... 25
Total monthly expenses.................. 874

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

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 121635...(330)......3.38
Total secured & HP debts...... 121635....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
hsbc cc........................7135......0.........0
hsbc loan......................9082......0.........0
virgin.........................6666......0.........0
hsbc od........................1514......0.........0
capital one....................355.......0.........0
barclay card...................1051......0.........0
Total unsecured debts..........25783.....0.........-

Monthly Budget Summary
Total monthly income.................... 780
Expenses (including HP & secured debts). 874
Available for debt repayments........... -94
Monthly UNsecured debt repayments....... 0
Amount short for making debt repayments. -94
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -121,635
Total Unsecured debt.................... -25,783
Net Assets.............................. -147,418
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

You may notice all the 0's by the debts etc thats because i dont pay them.

Merry_Gentry

ollie2008uk wrote: »

Ok here we go. Take 2!!

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 780
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 780
Monthly Expense Details
Mortgage................................ 330
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 55
Council tax............................. 60
Electricity............................. 20
Gas..................................... 20
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 10
Mobile phone............................ 40 - move to landline - OR won't allow this much for mobile
TV Licence.............................. 6 - normally £12 per month?
Satellite/Cable TV...................... 30 - would have to come out of your surplus
Internet Services....................... 5 - unless required for work/kids would have to come out of your surplus
Groceries etc. ......................... 125
Clothing................................ 25
Petrol/diesel........................... 20
Road tax................................ 5
Car Insurance........................... 10
Car maintenance (including MOT)......... 5
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 4
Buildings insurance..................... 0
Contents insurance...................... 6
Life assurance ......................... 18 - would need to buy this from the OR or start afresh
Other insurance......................... 5
Presents (birthday, christmas etc)...... 10
Haircuts................................ 0
Entertainment........................... 30 - not allowed
Holiday................................. 10
Emergency fund.......................... 25 - not allowed
Total monthly expenses.................. 874

You haven't included a contribution from your OH?

ollie2008uk

Thats where i'm confused. Thats my half of the running of the house. My partner pays the other half of everything on the list. She also has her own debt and all her income is taken by her debt.

beentheredonethatstilhere

Just a quickie, you say there are 2 adults in the house, is this your partner? Have you divided all the bills by half?

EDIT to say seen your reply