SOA Help Needed

KEHxxx

I am about to file and need any support possible with my SOA which I have partly completed below so far. Background is that myself and husband have separated but he is still living with me and our children as we can't afford to live separately at the moment and also wants to be close to children for the short term. We pay 50 50 of all household and child related bills but pay our own debts hence me having to file now.

So on my SOA do I show just my income debts, 1 adult 2 kids and figures showing half of bills? Or do I show 2 adults 2 kids all household bills but the problem is I do not know my husband's income and debt details and do not really want to ask as things are difficult enough.

Can anybody with experience of this help me with the above questions and have a look at my SOA figures to see if there is anything that will be questioned such as shopping, emergency funds etc.

Just to let you know that my petrol is high as I work 20 miles from home x 5 days a week and have to pay a total of 70 a month to park as I work in city centre so have no choice after dropping kids off and then traveling due to start times.

Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 2

Monthly Income Details
Monthly income after tax................ 1086.49
Partners monthly income after tax....... 0
Benefits................................ 137.6
Other income............................ 0
Total monthly income.................... 1224.09

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 675
Management charge (leasehold property).. 0
Council tax............................. 118
Electricity............................. 40
Gas..................................... 50
Oil..................................... 0
Water rates............................. 40
Telephone (land line)................... 0
Mobile phone............................ 68
TV Licence.............................. 13
Satellite/Cable TV...................... 32
Internet Services....................... 23
Groceries etc. ......................... 650
Clothing................................ 140
Petrol/diesel........................... 190
Road tax................................ 13
Car Insurance........................... 35
Car maintenance (including MOT)......... 45
Car parking............................. 75
Other travel............................ 10
Childcare/nursery....................... 32
Other child related expenses............ 60
Medical (prescriptions, dentist etc).... 40
Pet insurance/vet bills................. 15
Buildings insurance..................... 0
Contents insurance...................... 20
Life assurance ......................... 20
Other insurance......................... 0
Presents (birthday, christmas etc)...... 40
Haircuts................................ 40
Entertainment........................... 50
Holiday................................. 50
Emergency fund.......................... 40
Total monthly expenses.................. 2624


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
Barclay Card...................8582.43...200.......17.6
Barclay Card...................10698.2...250.......5.9
MBNA...........................6527......140...... .27.9
JD Williams....................600.......0.........0
Very ..........................1000......0.........0
Yorkshire Bank ................500.......0.........0
Total unsecured debts..........27907.63..590.......-!


Monthly Budget Summary
Total monthly income.................... 1,224.09
Expenses (including HP & secured debts). 2,624
Available for debt repayments........... -1,399.91
Monthly UNsecured debt repayments....... 590
Amount short for making debt repayments. -1,989.91

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -27,907.63
Net Assets.............................. -27,907.63


Many Thanks for any help

MovingForwards

As you are separated I wouldn't include him in your calculations, that is provided you are living separate lives, not cooking for one another etc.

As you say your (ex) husband is paying 50% of bills, then you need to account for that eg only 50% of the gas, electric, council tax, rent etc.

KEHxxx

Can anyone help and check through my SOA for me?

TheGardener

If your ex is still in the household then including him is realistic. However, you do not need to include his income - only your own. The OR can not insist you provide his details. The OR will assume a 50/50 split. This means your SoA should show your income only and your share of the domestic expenditure.
In terms of what your SoA look like, it looks ok to me in term sof what you have put as the total costs. You need to aim for a zero balance + or - between income and expenditure.

KEHxxx

So do you think the figures I have put down would be accepted? Obvs the household bills and shopping are actual but things like medical, entertainment etc are hard to guess what i actually spend but need them to be accepted to avoid a IPA

TheGardener

For medical I usually suggest 2 x dental checkups + 1 filling + 1 x scale & polish +1 x flu jab + 2 pescriptons per year per adult as an average so thats around £160 a year each - if you also have any health conditions or higher dental needs (dentures etc) or optician costs that needs adding too.