Please help with my SOA

[Deleted User]

jabb78 wrote: »

Does it really make that much difference mate? These are the figures as asked for on the forms so its niether here nor there really. I will put them in a list if it helps. Cheers

FWIW - I printed the detailed msoc soa out and took it with for the OR interview, this is when it's most useful when they are going through it - even though the br forms are less details.

jabb78

Here we go....


Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1800
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1800
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 595
Management charge (leasehold property).. 0
Council tax............................. 84
Electricity............................. 32.5
Gas..................................... 32.5
Oil..................................... 0
Water rates............................. 35
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 300
Clothing................................ 70
Petrol/diesel........................... 300
Road tax................................ 15
Car Insurance........................... 45
Car maintenance (including MOT)......... 30
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 50
Emergency fund.......................... 0
Total monthly expenses.................. 1741

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
(Unnamed debt).................65000.....400.......0
Total unsecured debts..........65000.....400.......-

Monthly Budget Summary
Total monthly income.................... 1,800
Expenses (including HP & secured debts). 1,741
Available for debt repayments........... 59
Monthly UNsecured debt repayments....... 400
Amount short for making debt repayments. -341
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -65,000
Net Assets.............................. -65,000

beentheredonethatstilhere

jabb78 wrote: »

Here we go....


Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1800
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1800
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 595
Management charge (leasehold property).. 0
Council tax............................. 84
Electricity............................. 32.5 This is quite low, will it cover the winter months?
Gas..................................... 32.5 ditto
Oil..................................... 0
Water rates............................. 35
Telephone (land line)................... 60 £50 max
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 300 £200 max
Clothing................................ 70 £40
Petrol/diesel........................... 300 if the OR queries really push the carer bit but be prepared for it to be cut.
Road tax................................ 15
Car Insurance........................... 45
Car maintenance (including MOT)......... 30
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 20
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 15 most won't allow, but leave this and see as I have seen the odd one go through.
Haircuts................................ 10
Entertainment........................... 0
Holiday................................. 50 £25
Emergency fund.......................... 0

Total monthly expenses.................. 1741

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

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
(Unnamed debt).................65000.....400.......0
Total unsecured debts..........65000.....400.......-

Monthly Budget Summary
Total monthly income.................... 1,800
Expenses (including HP & secured debts). 1,741
Available for debt repayments........... 59
Monthly UNsecured debt repayments....... 400
Amount short for making debt repayments. -341
Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -65,000
Net Assets.............................. -65,000

Add in dry cleaning at £10. Put the breakdown cover in. Union fees. Do you have a subscription to TES? Or a professional paper/mag?

The groceries and clothes a way to high. Be careful as the OR may go further into your accounts than you want.

betterlatethannever

BTDTSH has done you a really good and useful reply.:j

Sorry if its already been covered elsewhere, but under assets you have nothing for the car. Whats its value?

jabb78

The car is worth approx 1000 however it is a 53 plate cat c write off rover so maybe i am being optimistic here lol

jabb78

Any further comments would be much appreciated folks. I am in court at 9.15 in the morning, starting to panic a bit now. Is there anything I need to know last minute? x

confused76

the last one with comments, i would agree with that one, looks reasonable

good luck tomorrow!

jabb78

confused76 wrote: »

the last one with comments, i would agree with that one, looks reasonable

good luck tomorrow!

Cheers mate, I will post my experiences along the way for the benefit of others