Table 1: Cash Flow Projections (YEAR 1): Kwazimu Guest House

Month:
Cash in Hand (Beginning of the month)

M1

M2

M3

M4

M5

M6

M7

M8

M9

M10

M11

M12

P 0.00

P 9,067.60

P 18,857.93

P 28,648.27

P 38,438.60

P 48,228.93

P 45,319.27

P 55,109.60

P 64,899.93

P 74,690.27

P 84,480.60

P 94,270.93

P 0.00

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33

P 12,083.33
P 5,000.00

CASH RECIEPTS
Sales
Collections from credit sales & add. Services
Business Fund (CEDA)
Other cash Injections
TOTAL CASH RECIPTS

P 0.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 5,000.00

P 100,000.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 100,000.00

P 26,150.93

P 35,941.27

P 45,731.60

P 55,521.93

P 65,312.27

P 62,402.60

P 72,192.93

P 81,983.27

P 91,773.60

P 101,563.93

P 111,354.27

P 0.00

CASH PAID OUT

Purchases(stock)
Salaries and wages
Repairs and Maintenance
Advertising and Promotions
Rent

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 5,000.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 2,500.00

P 300.00

P 300.00

P 300.00

P 300.00

P 300.00

P 1,000.00

P 300.00

P 300.00

P 300.00

P 300.00

P 300.00

P 300.00

P 0.00

P 5,000.00

P 0.00

P 5,000.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

Telephone

P 1,152.40

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

P 220.00

Electricity

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

P 400.00

Water

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 150.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

P 50.00

insurance

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

P 545.00

DSTV Subscriptions

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

P 680.00

Sanitation Charges

Depreciation
Bank Charges
Groceries
SUB TOTAL

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 370.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 78.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 2,000.00

P 8,225.40

P 7,293.00

P 7,293.00

P 7,293.00

P 7,293.00

P 17,993.00

P 7,293.00

P 7,293.00

P 7,293.00

P 7,293.00

P 7,293.00

P 12,293.00

Loan Repayment

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

Asset Purchases

P 80,707.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 2,000.00

P 0.00

P 0.00

P 0.00

P 0.00

P 2,000.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

P 0.00

Owners Withdrawal
Other Start Up Costs (e.g licences fees, consultancy fees,
tourism)
TOTAL CASH PAID OUT
Cash Position Surplus/Deficit (-)

P 90,932.40

P 7,293.00

P 7,293.00

P 7,293.00

P 7,293.00

P 19,993.00

P 7,293.00

P 7,293.00

P 7,293.00

P 7,293.00

P 7,293.00

P 12,293.00

P 9,067.60

P 18,857.93

P 28,648.27

P 38,438.60

P 48,228.93

P 45,319.27

P 55,109.60

P 64,899.93

P 74,690.27

P 84,480.60

P 94,270.93

P 99,061.27

Table 2: Explicit IT Solutions

Projections: Income Statement for Year Ended
Income Statement
Revenue
Gross Sales
Other
Less: Cost of goods sold
Purchases
Gross Profit
Overheads and Expenses
Repair s& Maintenance
Production Costs
Salaries
Utilities (Power, Water, Sanitation)
Loan Payment
Advertising
Fuel Cost
Bank Charges
Insurance
Telephone and Internet connnection
Total Overheads
Profit Before Finance charge
Loan Interest Payments
Tax @28%
Profit After Tax

Year 1

Year 2

Year 3

P145,000.00
P0.00

P185,750.00
P0.00

P238,262.50
P0.00

P35,500.00
P109,500.00

P39,050.00
P146,700.00

P42,955.00
P195,307.50

P4,000.00
P4,000.00
P12,000.00
P7,500.00
P0.00
P10,500.00
P7,200.00
P936.00
P6,540.00
P4,570.00
P57,246.00
P52,254.00

P4,400.00
P4,200.00
P12,600.00
P8,250.00
P18,000.00
P11,550.00
P7,920.00
P1,029.60
P7,194.00
P5,027.00
P80,170.60
P66,529.40

P4,840.00
P4,410.00
P9,075.00
P36,000.00
P12,705.00
P8,712.00
P1,132.56
P7,913.40
P5,529.70
P90,317.66
P104,989.84

P14,631.12
P37,622.88

P18,628.23
P47,901.17

P29,397.16
P75,592.68

Notes:
1. Sales increase by 25% per annum
2. Overheards have a 10% increase allowance annually
3. Costs increase by 10% per annum

Table 3: Explicit IT Solutions

Balance Sheet Projections
Balance Sheet Projections
ASSETS
Current Assets
Cash/Bank
Inventory
Other
Total Current Assets
Fixed Assets
Equipment and Machinery
Vehicle
Total Fixed Assets
Total Assets
CAPITAL & LIABILITIES
Current liabilities
Creditors
Income Tax
Total Current Liabilities
Long term Liabilities
Long term loans
Long Term Provisions
Total Long term liabilities
TOTAL LIABILITIES
NET ASSETS
Equity
Contributed Equity
Net PROFIT
TOTAL EQUITY

Year 1

Year 2

Year 3

P99,061.27

P114,911.07

P133,296.84

P14,000.00

P16,240.00

P18,838.40

P113,061.27

P131,151.07

P152,135.24

P80,707.00

P96,848.40

P116,218.08

P0.00

P0.00

P0.00

P80,707.00

P96,848.40

P116,218.08

P193,768.27

P227,999.47

P268,353.32

P0.00

P0.00

P0.00

P14,631.12
P14,631.12

P18,628.23
P18,628.23

P29,397.16
P29,397.16

P48,911.00

P48,911.00

P48,911.00

P0.00
P48,911.00

P0.00
P48,911.00

P0.00
P48,911.00

P63,542.12

P67,539.23

P78,308.16

P130,226.15

P160,460.24

P190,045.17

P0.00

P0.00

P0.00

P37,622.88

P47,901.17

P75,592.68

P37,622.88

P47,901.17

P75,592.68

Table 4: Yearly Sales & revenue projections

Printing and Branding
ICT Solutions
Stamps
TOTAL SALES

Year 1
Year 2
P 100,000.00
P 125,000.00
P 33,000.00
P 44,550.00
P 12,000.00
P 16,200.00
P 145,000.00

P 185,750.00

Year 3
Year 4
P 156,250.00
P 195,312.50
P 60,142.50
P 81,192.38
P 21,870.00
P 29,524.50
P 238,262.50

P 306,029.38

Table 5: Project Capital Costs: Kwazimu Guest House

Item
FIXED ASSETS
Construction of the Guest house Facility
Vehicle
Bedroom Suite
Double Beds (with Matresss)
Standard Television
Lounge area Plasma Television Set
DSTV (Installation in 9 rooms and reception)
Air Conditioning
Lounge Suites
Bar Fridge per room
Dining Table and chairs (set)
Kitchen Equipment
Laundry Equipment washer & Dryer
Office Furniture (sets)
Reception Furniture (Sets)
Fixtures and Fittings
Artwork/Decorations
Other Costs (Beddings and cleaning Material)
SUB TOTAL
OPERATING COSTS
Operating Stock (6 months)
Staff Salaries (6 months)
Rent
Utilities (Electricity, Water and Sanitation)
SUB TOTAL
GROSS TOTAL
10% Contigency
TOTAL PROJECT COSTS

Quantity Unit Price

1
1
9
9
9
1
1
1
1
9
1
1
2
1
1
1
1
1

P 996,961.00
P 350,000.00
P 9,834.00
P 6,869.00
P 2,500.00
P 10,500.00
P 12,000.00
P 68,881.00
P 21,000.00
P 2,000.00
P 6,000.00
P 7,000.00
P 12,088.00
P 8,640.00
P 8,730.00
P 8,000.00
P 25,000.00
P 25,000.00

6
6
0
6

P 5,000.00
P 25,550.00
P 0.00
P 500.00

Total Cost
P 996,961.00
P 350,000.00
P 88,506.00
P 61,821.00
P 22,500.00
P 10,500.00
P 12,000.00
P 68,881.00
P 21,000.00
P 18,000.00
P 6,000.00
P 7,000.00
P 24,176.00
P 8,640.00
P 8,730.00
P 8,000.00
P 25,000.00
P 25,000.00
P 1,762,715.00

P 30,000.00
P 153,300.00
P 0.00
P 3,000.00
P 186,300.00
P 1,949,015.00
P 194,901.50
P 2,143,916.50

Table 6: Management Plan: Kwazimu Guest House

Position
Managing Director
Assistant Manager
Chef
Waitress/Waiter
Housekeepers/Cleaners
Security
Gardner
Reception Desk Officer

TOTAL PROJECT COSTS

Quantity Salary
1
1
1
2
1
1
1
1

P
P
P
P
P
P
P
P

6,500.00
5,000.00
4,000.00
1,950.00
1,800.00
1,350.00
1,200.00
1,800.00

Total Salary
P
P
P
P
P
P
P
P

6,500.00
5,000.00
4,000.00
3,900.00
1,800.00
1,350.00
1,200.00
1,800.00

P 25,550.00

TABLE 7: PROFIT YEARLY FORECAST

250000

200000

150000

100000

50000

Profits

Year 1
Year2
Year3

P 37,622.48
###
###

ECAST

Year 1
Year 2
Year 3