SOA relating to close but so far away

legofsalmon

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................ 0
Partners monthly income after tax....... 0
Benefits................................ 560
Other income............................ 0
Total monthly income.................... 560
Monthly Expense Details
Mortgage................................ 296
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 0
Electricity............................. 67.5
Gas..................................... 57
Oil..................................... 0
Water rates............................. 20.02
Telephone (land line)................... 20
Mobile phone............................ 0
TV Licence.............................. 11
Satellite/Cable TV...................... 0
Internet Services....................... 13.79
Groceries etc. ......................... 60
Clothing................................ 2
Petrol/diesel........................... 10
Road tax................................ 10
Car Insurance........................... 34.27
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................. 0
Buildings insurance..................... 16.84
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 8.89
Presents (birthday, christmas etc)...... 5
Haircuts................................ 0
Entertainment........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 637.31

Assets
Cash.................................... 0
House value (Gross)..................... 60000
Shares and bonds........................ 0
Car(s).................................. 2500
Other assets............................ 0
Total Assets............................ 62500

Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 33000....(296)......0
Total secured & HP debts...... 33000.....-.........-
Unsecured Debts
Description....................Debt......Monthly...APR
Electricity non pmnt...........200.......10........0
Total unsecured debts..........200.......10........-

Monthly Budget Summary
Total monthly income.................... 560
Expenses (including HP & secured debts). 637.31
Available for debt repayments........... -77.31
Monthly UNsecured debt repayments....... 10
Amount short for making debt repayments. -87.31
Personal Balance Sheet Summary
Total assets (things you own)........... 62,500
Total HP & Secured debt................. -33,000
Total Unsecured debt.................... -200
Net Assets.............................. 29,300
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

As I mentioned on my other post, we get tv license and car tax paid for christmas and birthday presents, eat with parents twice a week, and sometimes they put a bit of petrol in the car

HappyMJ

Where is the £87.31 coming from each month? Is it an overdraft you haven't listed or a credit card or borrowing from friends and family? Or are you not paying some bills to make it balance?

dancingfairy

Basically the electric company have recently hiked up the elctric bill to pay arrears and the OP can't pay them at that rate. Also they commented on their other thread that certain bills such as car tax are given to them as a birthday/christmas present.
LegogSalmon - I have posted some more update useful info re dealingwith the elctric issue on your other thread.
df

legofsalmon

Thank you DF x