SOA please check

armouredbeast

Statement of Affairs and Personal Balance Sheet 2020

Monthly Income Details
Monthly income after tax................ 2100
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 2100

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.....................................500
Management charge (leasehold property).. 0
Council tax..............................80
Electricity............................. 80
Gas..................................... 80
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 0
Mobile phone............................ 8
TV Licence.............................. 0
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 80
Clothing................................ 40
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 48
Childcare/nursery....................... 0
Child Maintenance....................... 0
Medical (prescriptions, dentist etc).... 80
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 15
Entertainment........................... 30
Holiday................................. 0
Emergency fund.......................... 100
pet food/litter......................... 0
Total monthly expenses.................. 1133


Assets
Cash.....................................600
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 600

Unsecured Debts
Description...................Debt......Monthly.. .APR
Halifax.......................1700.........20...
0% up to 20 months ( opened on Nov 2019)
Amazon MASTERCARD........................2700........100...
21.9%
Total unsecured 4400



Monthly Budget Summary
Total monthly income.................... 2100
Expenses (including HP & secured debts). 1133
Available for debt repayments........... 967
Monthly UNsecured debt repayments....... 120
Amount left after debt repayments....... 847

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. 0
Total Unsecured debt.................... 4400 Net Assets.............................. -4400

Karonher

Gas and electricity seem high - food seems low. As they are all the same amount have you guessed or checked? £30 is low for entertainment and are there no internet/paid TV costs?

I would get contents insurance and do you really not buy anyone anything at all as a present? Do you have that much left over each month and if as I imagine you don't you need to keep a diary to check where it goes.

JayRitchie

Groceries and other travel seem low? How do you travel/ get to work?

MovingForwards

What you getting for your medical expenses each month?

No water bill? Scotland?

High gas / electric - how big is your property?

No internet or TV or Netflix etc?

No contents insurance?