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Updated SOA
rednan
Posts: 12 Forumite
Can someone have a look at these two updated SOAs and let me have any advice please.
Thank you
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.................... 333
Partners monthly income after tax....... 1868
Benefits.......................................... . 489
Other income....................................... 0
Total monthly income........................ 2690
Monthly Expense Details
Mortgage.......................................... ... 0
Secured/HP loan repayments................... 0
Rent.............................................. .. 443
Management charge (leasehold property).. 0
Council tax....................................... 119
Electricity....................................... ... 60
Gas............................................... ... 60
Oil............................................... ...... 0
Water rates....................................... 30
Telephone (land line)........................... 36
Mobile phone..................................... 10
TV Licence........................................ 12
Satellite/Cable TV............................... 21
Internet Services................................ 0 - this is inc in telephone
Groceries etc. ................................. 400
Clothing.......................................... . 40
Petrol/diesel..................................... 10
Road tax.......................................... 15
Car Insurance................................... 30
Car maintenance (including MOT)......... 30
Car parking...................................... 10
Other travel..................................... 70
Childcare/nursery............................... 0
Other child related expenses................ 0
Medical (prescriptions, dentist etc)...... 20
Pet insurance/vet bills......................... 0
Buildings insurance............................. 0
Contents insurance........................... 13
Life assurance .................................. 0
Other insurance................................. 0
Presents (birthday, christmas etc)....... 10
Haircuts.......................................... 20
Entertainment................................... 0
Holiday........................................... 25
Emergency fund................................ 0
Total monthly expenses.................. 1484
Assets
Cash......................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000 - I'm reg owner - not on o/h soa
Other assets............................. 0
Total Assets......................... 1000
No Secured nor Hire Purchase Debts
Unsecured Debts
Description......................Debt......Monthly ...APR
cc................................10846.....320... ....0
cc................................11057.....202... ....0
cc...............................10229.....500.... ...0
cc................................4161......130... ....0
cc.................................578.......26... .....0
cc................................9611......202... ....0
Flexiplan (A&L)...............1000......53........0
Total unsecured debts....47482.....1433......-
Monthly Budget Summary
Total monthly income........................... 2,690
Expenses (including HP & secured debts). 1,484
Available for debt repayments................ 1,206
Monthly UNsecured debt repayments....... 1,433
Amount short for making debt repayments. -227
Personal Balance Sheet Summary
Total assets (things you own)........... 1,000
Total HP & Secured debt....................... -0
Total Unsecured debt.................... -47,482
Net Assets.................................. -46,482
OH - 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....................... 1390
Partners monthly income after tax............ 822
Benefits.......................................... .... 478
Other income.......................................... 0
Total monthly income........................... 2690
Monthly Expense Details
Mortgage.......................................... ..... 0
Secured/HP loan repayments..................... 0
Rent.............................................. .... 443
Management charge (leasehold property)..... 0
Council tax.......................................... 119
Electricity....................................... ...... 60
Gas............................................... ...... 60
Oil............................................... ......... 0
Water rates.......................................... 30
Telephone (land line).............................. 36
Mobile phone........................................ 20
TV Licence.......................................... 12
Satellite/Cable TV................................. 21
Internet Services................................... 0 - this is inc in telephone
Groceries etc. ................................... 400
Clothing.......................................... .... 40
Petrol/diesel...................................... 155
Road tax............................................ 15
Car Insurance..................................... 30
Car maintenance (including MOT)........... 30
Car parking........................................ 10
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.............................. 13
Life assurance ..................................... 0
Other insurance.................................... 0
Presents (birthday, christmas etc).......... 10
Haircuts.......................................... ... 20
Entertainment..................................... .. 0
Holiday........................................... ... 25
Emergency fund.................................... 0
Total monthly expenses..................... 1569
Assets
Cash.............................................. .... 0
House value (Gross).............................. 0
Shares and bonds................................. 0
Car(s)............................................ .... 0 - I'm registered owner
Other assets....................................... 0
Total Assets....................................... 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly.. .APR
cc...............................7298.......212... .....0
cc.............................14663.......272.... ....0
cc...............................9419......188.... ....0
Flexiplan (A&L)..............1000........53.........0
Personal Loan................5000........76.........0
Total unsecured debts...37380......801.......-
Monthly Budget Summary
Total monthly income........................... 2,690
Expenses (including HP & secured debts). 1,569
Available for debt repayments............... 1,121
Monthly UNsecured debt repayments........ 801
Amount left after debt repayments.......... 320
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -37,380
Net Assets.................................. -37,380
Thank you
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.................... 333
Partners monthly income after tax....... 1868
Benefits.......................................... . 489
Other income....................................... 0
Total monthly income........................ 2690
Monthly Expense Details
Mortgage.......................................... ... 0
Secured/HP loan repayments................... 0
Rent.............................................. .. 443
Management charge (leasehold property).. 0
Council tax....................................... 119
Electricity....................................... ... 60
Gas............................................... ... 60
Oil............................................... ...... 0
Water rates....................................... 30
Telephone (land line)........................... 36
Mobile phone..................................... 10
TV Licence........................................ 12
Satellite/Cable TV............................... 21
Internet Services................................ 0 - this is inc in telephone
Groceries etc. ................................. 400
Clothing.......................................... . 40
Petrol/diesel..................................... 10
Road tax.......................................... 15
Car Insurance................................... 30
Car maintenance (including MOT)......... 30
Car parking...................................... 10
Other travel..................................... 70
Childcare/nursery............................... 0
Other child related expenses................ 0
Medical (prescriptions, dentist etc)...... 20
Pet insurance/vet bills......................... 0
Buildings insurance............................. 0
Contents insurance........................... 13
Life assurance .................................. 0
Other insurance................................. 0
Presents (birthday, christmas etc)....... 10
Haircuts.......................................... 20
Entertainment................................... 0
Holiday........................................... 25
Emergency fund................................ 0
Total monthly expenses.................. 1484
Assets
Cash......................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000 - I'm reg owner - not on o/h soa
Other assets............................. 0
Total Assets......................... 1000
No Secured nor Hire Purchase Debts
Unsecured Debts
Description......................Debt......Monthly ...APR
cc................................10846.....320... ....0
cc................................11057.....202... ....0
cc...............................10229.....500.... ...0
cc................................4161......130... ....0
cc.................................578.......26... .....0
cc................................9611......202... ....0
Flexiplan (A&L)...............1000......53........0
Total unsecured debts....47482.....1433......-
Monthly Budget Summary
Total monthly income........................... 2,690
Expenses (including HP & secured debts). 1,484
Available for debt repayments................ 1,206
Monthly UNsecured debt repayments....... 1,433
Amount short for making debt repayments. -227
Personal Balance Sheet Summary
Total assets (things you own)........... 1,000
Total HP & Secured debt....................... -0
Total Unsecured debt.................... -47,482
Net Assets.................................. -46,482
OH - 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....................... 1390
Partners monthly income after tax............ 822
Benefits.......................................... .... 478
Other income.......................................... 0
Total monthly income........................... 2690
Monthly Expense Details
Mortgage.......................................... ..... 0
Secured/HP loan repayments..................... 0
Rent.............................................. .... 443
Management charge (leasehold property)..... 0
Council tax.......................................... 119
Electricity....................................... ...... 60
Gas............................................... ...... 60
Oil............................................... ......... 0
Water rates.......................................... 30
Telephone (land line).............................. 36
Mobile phone........................................ 20
TV Licence.......................................... 12
Satellite/Cable TV................................. 21
Internet Services................................... 0 - this is inc in telephone
Groceries etc. ................................... 400
Clothing.......................................... .... 40
Petrol/diesel...................................... 155
Road tax............................................ 15
Car Insurance..................................... 30
Car maintenance (including MOT)........... 30
Car parking........................................ 10
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.............................. 13
Life assurance ..................................... 0
Other insurance.................................... 0
Presents (birthday, christmas etc).......... 10
Haircuts.......................................... ... 20
Entertainment..................................... .. 0
Holiday........................................... ... 25
Emergency fund.................................... 0
Total monthly expenses..................... 1569
Assets
Cash.............................................. .... 0
House value (Gross).............................. 0
Shares and bonds................................. 0
Car(s)............................................ .... 0 - I'm registered owner
Other assets....................................... 0
Total Assets....................................... 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly.. .APR
cc...............................7298.......212... .....0
cc.............................14663.......272.... ....0
cc...............................9419......188.... ....0
Flexiplan (A&L)..............1000........53.........0
Personal Loan................5000........76.........0
Total unsecured debts...37380......801.......-
Monthly Budget Summary
Total monthly income........................... 2,690
Expenses (including HP & secured debts). 1,569
Available for debt repayments............... 1,121
Monthly UNsecured debt repayments........ 801
Amount left after debt repayments.......... 320
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -37,380
Net Assets.................................. -37,380
0
Comments
-
Just bumping for morning peeps.
Sorry I`m not good on soa`s ...find the joint ones very confusing but hope someone can offer help.0 -
Sorry I just had time to glance but it appears you have a huge surplus, I must be missing something.Can someone have a look at these two updated SOAs and let me have any advice please.
Thank you
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.................... 333
Partners monthly income after tax....... 1868
Benefits.......................................... . 489
Other income....................................... 0
Total monthly income........................ 2690
Monthly Expense Details
Mortgage.......................................... ... 0
Secured/HP loan repayments................... 0
Rent.............................................. .. 443
Management charge (leasehold property).. 0
Council tax....................................... 119
Electricity....................................... ... 60
Gas............................................... ... 60
Oil............................................... ...... 0
Water rates....................................... 30
Telephone (land line)........................... 36
Mobile phone..................................... 10
TV Licence........................................ 12
Satellite/Cable TV............................... 21 not allowed on SOA
Internet Services................................ 0 - this is inc in telephone
Groceries etc. ................................. 400
Clothing.......................................... . 40
Petrol/diesel..................................... 10
Road tax.......................................... 15
Car Insurance................................... 30
Car maintenance (including MOT)......... 30
Car parking...................................... 10
Other travel..................................... 70 what is this for
Childcare/nursery............................... 0
Other child related expenses................ 0
Medical (prescriptions, dentist etc)...... 20
Pet insurance/vet bills......................... 0
Buildings insurance............................. 0
Contents insurance........................... 13
Life assurance .................................. 0
Other insurance................................. 0
Presents (birthday, christmas etc)....... 10 not usually allowed
Haircuts.......................................... 20
Entertainment................................... 0
Holiday........................................... 25
Emergency fund................................ 0
Total monthly expenses.................. 1484
Assets
Cash......................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000 - I'm reg owner - not on o/h soa
Other assets............................. 0
Total Assets......................... 1000
No Secured nor Hire Purchase Debts
Unsecured Debts
Description......................Debt......Monthly ...APR
cc................................10846.....320... ....0
cc................................11057.....202... ....0
cc...............................10229.....500.... ...0
cc................................4161......130... ....0
cc.................................578.......26... .....0
cc................................9611......202... ....0
Flexiplan (A&L)...............1000......53........0
Total unsecured debts....47482.....1433......-
Monthly Budget Summary
Total monthly income........................... 2,690
Expenses (including HP & secured debts). 1,484
Available for debt repayments................ 1,206
Monthly UNsecured debt repayments....... 1,433
Amount short for making debt repayments. -227
Personal Balance Sheet Summary
Total assets (things you own)........... 1,000
Total HP & Secured debt....................... -0
Total Unsecured debt.................... -47,482
Net Assets.................................. -46,482
OH - 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....................... 1390
Partners monthly income after tax............ 822
Benefits.......................................... .... 478
Other income.......................................... 0
Total monthly income........................... 2690
Monthly Expense Details
Mortgage.......................................... ..... 0
Secured/HP loan repayments..................... 0
Rent.............................................. .... 443
Management charge (leasehold property)..... 0
Council tax.......................................... 119
Electricity....................................... ...... 60
Gas............................................... ...... 60
Oil............................................... ......... 0
Water rates.......................................... 30
Telephone (land line).............................. 36
Mobile phone........................................ 20
TV Licence.......................................... 12
Satellite/Cable TV................................. 21
Internet Services................................... 0 - this is inc in telephone
Groceries etc. ................................... 400
Clothing.......................................... .... 40
Petrol/diesel...................................... 155
Road tax............................................ 15
Car Insurance..................................... 30
Car maintenance (including MOT)........... 30
Car parking........................................ 10
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.............................. 13
Life assurance ..................................... 0
Other insurance.................................... 0
Presents (birthday, christmas etc).......... 10
Haircuts.......................................... ... 20
Entertainment..................................... .. 0
Holiday........................................... ... 25
Emergency fund.................................... 0
Total monthly expenses..................... 1569
Assets
Cash.............................................. .... 0
House value (Gross).............................. 0
Shares and bonds................................. 0
Car(s)............................................ .... 0 - I'm registered owner
Other assets....................................... 0
Total Assets....................................... 0
No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly.. .APR
cc...............................7298.......212... .....0
cc.............................14663.......272.... ....0
cc...............................9419......188.... ....0
Flexiplan (A&L)..............1000........53.........0
Personal Loan................5000........76.........0
Total unsecured debts...37380......801.......-
Monthly Budget Summary
Total monthly income........................... 2,690
Expenses (including HP & secured debts). 1,569
Available for debt repayments............... 1,121
Monthly UNsecured debt repayments........ 801
Amount left after debt repayments.......... 320
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -37,380
Net Assets.................................. -37,380
:j :j
0 -
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