SOA please could someone have a look?

mollyp

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1926
Partners monthly income after tax....... 0
Benefits................................ 87
Other income............................ 395
Total monthly income.................... 2408
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 675
Management charge (leasehold property).. 0
Council tax............................. 108
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 54
Telephone (land line)................... 30
Mobile phone............................ 20
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 5
Groceries etc. ......................... 350
Clothing................................ 75
Petrol/diesel........................... 140
Road tax................................ 12
Car Insurance........................... 27
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 10
Childcare/nursery....................... 245
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 60
Emergency fund.......................... 0
Total monthly expenses.................. 2058

Assets
Cash.................................... 1000
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 2000
Other assets............................ 0
Total Assets............................ 3000

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 188000...(0)........0
Total secured & HP debts...... 188000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
unsecured debt.................41373.....936.......0
Total unsecured debts..........41373.....936.......-

Monthly Budget Summary
Total monthly income.................... 2,408
Expenses (including HP & secured debts). 2,058
Available for debt repayments........... 350
Monthly UNsecured debt repayments....... 936
Amount short for making debt repayments. -586
Personal Balance Sheet Summary
Total assets (things you own)........... 3,000
Total HP & Secured debt................. -188,000
Total Unsecured debt.................... -41,373
Net Assets.............................. -226,373


Although there is a mortgage debt, this is shared with ex husband who pays the full mortgage . House in neg equity and I will not be contributing to it as renting elsewhere. Petrol is high as I have to make 2x 360 mile trips a month to take daughter to see her father(drop her off, come home, drive back and collect her at end of weekend) which is unavoidable.

dalip

mollyp wrote: »

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1926
Partners monthly income after tax....... 0
Benefits................................ 87
Other income............................ 395? what is this
Total monthly income.................... 2408
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 675
Management charge (leasehold property).. 0
Council tax............................. 108
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 54high is this total divided by 12 or are you on a meter?
Telephone (land line)................... 30
Mobile phone............................ 20
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 5
Groceries etc. ......................... 350
Clothing................................ 75
Petrol/diesel........................... 140
Road tax................................ 12
Car Insurance........................... 27
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 10
Childcare/nursery....................... 245
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15can leave it but they do not normally allow
Haircuts................................ 20£15
Entertainment........................... 0
Holiday................................. 60£40
Emergency fund.......................... 0
Total monthly expenses.................. 2058

Assets
Cash.................................... 1000
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 2000
Other assets............................ 0
Total Assets............................ 3000

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 188000...(0)........0
Total secured & HP debts...... 188000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
unsecured debt.................41373.....936.......0
Total unsecured debts..........41373.....936.......-

Monthly Budget Summary
Total monthly income.................... 2,408
Expenses (including HP & secured debts). 2,058
Available for debt repayments........... 350
Monthly UNsecured debt repayments....... 936
Amount short for making debt repayments. -586
Personal Balance Sheet Summary
Total assets (things you own)........... 3,000
Total HP & Secured debt................. -188,000
Total Unsecured debt.................... -41,373
Net Assets.............................. -226,373


Although there is a mortgage debt, this is shared with ex husband who pays the full mortgage . House in neg equity and I will not be contributing to it as renting elsewhere. Petrol is high as I have to make 2x 360 mile trips a month to take daughter to see her father(drop her off, come home, drive back and collect her at end of weekend) which is unavoidable.

Some of you figures may be a bit high for 1 adult and 1 child. But you can but ry.Dx

mollyp

Thankyou!!


Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 1
Number of children in household......... 1
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1926
Partners monthly income after tax....... 0
Benefits................................ 87
Other income............................ 395 child maintenence and £35 tax credits
Total monthly income.................... 2408
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 675
Management charge (leasehold property).. 0
Council tax............................. 108
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 54 Rates over 10 months
Telephone (land line)................... 30
Mobile phone............................ 20
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 5
Groceries etc. ......................... 350
Clothing................................ 75
Petrol/diesel........................... 140
Road tax................................ 12
Car Insurance........................... 27
Car maintenance (including MOT)......... 20
Car parking............................. 0
Other travel............................ 10
Childcare/nursery....................... 245
Other child related expenses............ 50
Medical (prescriptions, dentist etc).... 15
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 20
Entertainment........................... 0
Holiday................................. 60
Emergency fund.......................... 0
Total monthly expenses.................. 2058

Assets
Cash.................................... 1000
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 2000
Other assets............................ 0
Total Assets............................ 3000

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 188000...(0)........0
Total secured & HP debts...... 188000....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
unsecured debt.................41373.....936.......0
Total unsecured debts..........41373.....936.......-

Monthly Budget Summary
Total monthly income.................... 2,408
Expenses (including HP & secured debts). 2,058
Available for debt repayments........... 350
Monthly UNsecured debt repayments....... 936
Amount short for making debt repayments. -586
Personal Balance Sheet Summary
Total assets (things you own)........... 3,000
Total HP & Secured debt................. -188,000
Total Unsecured debt.................... -41,373
Net Assets.............................. -226,373
Created using the SOA calculator at Reproduced on Moneysavingexpert with permission, using IE browser.

dalip

Ok you have to divide your total water rates by 12 to reach a monthly figure.Same with CT.

Make sure you make a note to let them know that that extra incom is maintainance. I think tax credits goes under benefits;).Dx

mollyp

Does anyone know if you can put student loan repayment as a monthly cost in SOA allowances as this debt still has to be repaid and is not allowed to be included in the BR? Also what happens if my ex doesn't give me that figure of child support, will OR make me claim via CSA for 15% of his income even if I don't want to go that route?

dalip

Yes put your SL down after all it is a debt exempt from bc. No maintaince is of no concern to the OR unless YOU are paying it. They will just accept that is what they pay unless it is way below what it should be,even then not too sure what they would actually do.Dx