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Cashflow Forecast

A cash flow forecast should be a reflection of actual money into and out of a business.  
      
It isn’t supposed to be a substitute for a profit and loss account.      

Is your income to be received regularly?

Account should be taken of seasonal peaks and troughs in your cash flow. Is your income affected by the weather, holiday periods, school holidays, etc?    
If your company expects its income from a small number of large payments – say from regular contracts – the cash flow should show when these amounts are expected to be received.

Do not ‘smooth out’ the income by dividing the amount out over the year. Staff costs should include on-costs – NI, tax, etc. (As a rule of thumb, allow an extra 20% on top of salary).

In kind or pro-bono items should not be included. Nor should debtors/creditors. Include VAT with purchases. Extra notes should be appended to explain certain items, e.g. professional fees, loan instalments (it is not always clear which loan is referred to – an existing one or the one being applied for.), bank charges or interest, drawings, fees or any item out of the ordinary. (e.g. an unusually high or low figure in any given month. There should be no gaps.    

If you are sending us actual cash flows up to the present time there should not be a gap before commencement of cash flows forecast for the future. Forecast cash flows should correspond with cash items on a profit and loss forecast.    

If your cash flow shows deficits, i.e. minus figures at the end of the month, how are these to be financed? (e.g. bank overdraft.)


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35 results found, page 1 of 4.  
Gelderd Lane purchase boosts Towngate’s Leeds presence

Friday 08 December 2017

Commercial property landlord Towngate PLC has secured the purchase of a 20,000 sqft warehouse unit on Gelderd Lane, Leeds. The acquisition of the strategically located site was completed earlier this month and adds to the firm’s already well-established portfolio of properties in the Gelderd Road area. Previously forming part of the larger Leeds West industrial complex, the newly acquired unit is adjacent to Towngate’s Olympia Trading Estate, and will be listed as Unit 4 on this site. Sitting on approximately 2.8 acres, the property is well-equipped to facilitate warehousing and distribution operations. The industrial property specialist has inherited the building with 10 years remaining on a lease to Farsley Transport, a distribution and courier service provider which has also recently commenced a three-year occupation of Unit 4C at the Olympia Trading Estate. Commenting on Towngate’s recent purchase of the site, property manager Tom Lamb said: “We are delighted to be able to add yet another warehouse unit to our growing portfolio of Leeds properties on Gelderd Lane. The prime position of the facility, as well as its highly functional space, means it is well-placed to fulfil a host of different business demands. “We are happy to be taking on our existing tenant Farsley Transport with the property and are looking forward to developing our relationship with them over the coming years.” Elsewhere at the Olympia Trading Estate, following an extensive refurbishment, Units 4A and B are now available to let individually or as a whole (10,814 sqft).
Posted by Scriba PR Limited
Ventas becomes a UK partner of Membrain

Saturday 02 December 2017

Ventas are pleased to announce that they have been appointed as a UK partner of Swedish company, Membrain. Membrain is the #1 sales effectiveness platform for teams working with complex sales. Trusted by clients in over 60 countries, a two-time Top Sales CRM winner, a Top Sales Tool for four years straight, consistently named a High Performer by G2 Crowd (including the highest NPS score of all vendors) as well as named the Top Sales Enablement Technology in 2016. Pete Evans, from Ventas said that adding Membrain to our offering will enable us to add even more value to our existing clients as they strive to increase sales in an ever more challenging economy.
Posted by Ventas Sales Ltd
Power engineering specialist announces festive fundraising venture

Thursday 30 November 2017

High voltage electrical engineering firm Smith Brothers has announced it will be hosting a week-long fundraising event, in an ambitious bid to raise more than £1000 for three different charities. Set to take place in December at the company’s Elland HQ, the main event of the charity week will be an indoor ‘bikeathon’. The cycling challenge will see two teams of eleven competing to be the first to ride the equivalent distance from the Lowfields Business Park boardroom to Big Ben – a total of 206 miles within five working days. Supporters will be invited to sponsor a team – one representing Diabetes UK and the other the British Heart Foundation – and in addition to the money raised via donations for the respective charities, the winning team will also be rewarded with Christmas vouchers. From Monday 11th to Friday 15th December, the power engineering experts will also be hosting a bake sale and running a sweepstakes competition to fundraise for international humanitarian organisation Save the Children. Friends of the business are welcome to drop in and show their support. Commenting on the venture, chairman John Smith said: “December is always a busy time of year for us, as we have to take care of our usual workload of HV assignments across the country, at the same time as getting ready for the Christmas break. “It is easy to forget about giving back when everyone has so much on their plate, but as 2017 has been such a great year for Smith Brothers, we wanted to do something commemorative and fun for charity. The bikeathon should be a good way for the team to blow off some end-of-year steam, at the same time as channelling their energy and festive spirit into supporting these worthwhile causes.” This isn’t the first charitable venture Smith Brothers has backed this year. In the summer, the firm lent its backing to a golf day in aid of the Quaggy Development Trust and also sponsored a benefit dinner hosted by Frank Bruno for the Nigel Harris Sports Foundation. As part of its community support, the company additionally sponsors an under 9s football team. Smith Brothers’ charity bikeathon will run between Monday 11th and Friday 15th December and donations to the venture can be made via the company’s Diabetes UK and British Heart Foundation JustGiving pages.
Posted by Scriba PR Limited
Inspiration for Greenhead College business class from ex student entrepreneur

Tuesday 28 November 2017

Business students at Greenhead College were handed some sound advice from two local entrepreneurs. Harley Cooper and Ellie Gilbert showed the A-level students what can be achieved with a bit of self-belief, resilience and risk taking. The duo set up Avalon Mae Social Media Marketing, which has found a gap in the market for providing social media marketing services to small firms and self employed individuals such as hairdressers who want to maximise their online presence. Ellie, an ex-Greenhead student who took part in the Real World Economics event and the annual New York trip, spoke to more than 80 students and explained that young people had a lot to offer in their line of marketing as they have grown up with social media. Mark Mitchell, head of business and economics at Greenhead College, said: “Having young entrepreneurs from our alumni visiting like this is highly inspirational and helps show students that there is an alternative to the traditional educational route after Greenhead. “If you have a great business idea – just go for it!”
Posted by Avalon Mae Social Media Marketing
Around Town In the Huddersfield Live Hygge Tipi

Wednesday 15 November 2017

What better time to get together than Christmas? Around Town believe that connecting the business community of Huddersfield in its iconic locations and organisations is a brilliant way to share ideas, hear inspirational stories and have some FUN. Organised by Oli Smith, Michelle Crowther and Chris Buckley Around Town create memorable events every 3 months. 2018 plans are already underway; “as well as meeting at some amazing businesses we are walking Around Town in Spring - a fantastic way to get to know each other whilst experiencing some award winning locations and scenery in Huddersfield “ says Michelle And with Huddersfield Live December promises to be a memorable Around Town event. Hosted in the Hygge Tipi in St Georges Square, hear Sam Watt and Poppy Stahelin tell of the fabulous work the team at Huddersfield Live are doing and some of the stunning events planned for next year. Laura Drury sets the backdrop of how she formed the The Hygge Tipi and how it creates a convivial atmosphere for Huddersfield folk to mingle, drink mulled wine, and keep the winter night out in front of the log fire. All In the heart of Huddersfield. Tickets are limited and can be reserved FREE here. Chamber members old and new are very welcome. Around Town Events for 2018 confirmed. March 1st - Valli Opticians May 17th - Owen Scott Tailors May 25th - (Walk) Around Town - 15miles (approx) Breakfast Sarnies, The Kirklees Way, Finish in a Brewery!
Posted by The Alternative Board
Revamped Widnes warehouse ready for launch

Friday 10 November 2017

Having completed an extensive refurbishment on the Towngate Business Centre in Widnes, commercial lettings specialist and landlord Towngate PLC is set to launch the newly renovated Unit 1. Work on the Everite Road site began in early summer and involved full external recladding and repainting of the estate. The renovation additionally included the installation of a new roof and internal aesthetic improvements for Unit 1. Now that the refurbishment of the 76,000 sqft warehouse space has concluded, the property specialist is set to hold a launch for industrial agents on 16 November. The self-contained unit will be available to let as a whole to one single occupier and comprises of industrial warehouse accommodation along with ground level and first floor offices. The property benefits from a clear working height of up to 8 metres, a high power capacity and five external loading doors to facilitate large-scale distribution and manufacturing. The revamped industrial facility also offers an opportunity for an in-built sprinkler infrastructure, 24-hour manned security, as well as the potential for an additional 1-1.5 acre yard to be added to the already expansive external loading and parking area. Commenting on the overhaul, managing director Robert Smith said: “We are delighted with the final outcome of the refurbishment. It has taken a lot of work but the estate now has a modern look and feel and Unit 1 is ready to accommodate a new tenant. “It’s a promising sign that we have had some notable interest in the space so soon after completion, with some viewings having already taken place. The property would make an ideal home for a storage and distribution, manufacturing or transportation and logistics occupant. The possibilities for the space are endless, so we’re excited to showcase it to interested parties at the opening event later this month.” The renovation project was completed at the beginning of November and, with the exception of the newly refurbished Unit 1 and the smaller 16,900 sqft Unit 6B, the estate is fully let. The launch of Unit 1 is by invitation only and will take place at Towngate Business Centre on 16 November. Industrial agents interested in attending should contact Julia Ford at Towngate PLC directly on 01484 715635.
Posted by Scriba PR Limited
Huddersfield height specialist provides lift to local rugby club

Tuesday 07 November 2017

Rope access specialist firm Access North Structures has announced its sponsorship of Huddersfield Rugby Union Football Club, as part of a 3-year deal. Located just 1.5 miles down the road from the firm’s Armitage Bridge base, the Lockwood Park club will receive a total of £1200 support to put towards its running and grounds upkeep. As part of the package, a 4-metre Access North Structures banner has already been installed pitch-side at the grounds. Further brand exposure will be provided within the matchday programme, on the sponsors’ board inside the clubhouse and on the website. Plus, the company will be offered direct marketing opportunities through the club along with a number of additional perks, including access to international tickets and social events. This rugby club backing follows the rope access firm’s recent support of local Australian Rules Football player Luke Booth, which saw him travelling to Melbourne this summer to play for Great Britain in the prestigious AFL International Cup. Commenting on these sponsorship ventures, managing director Berenice Northcott said: “Helping the local community by giving back where we can is important to the whole Access North team. We pride ourselves on looking after the wellbeing of our workforce, so extending this care to clubs and organisations in the wider area is a natural step for us. “We did explore a number of different opportunities, but settling on the rugby club was an easy decision. Our co-owner Daniel has strong ties to HRUFC – his first ever try on English soil was actually scored at Lockwood Park – and we knew we wanted to support a local squad, so we’re delighted to be backing them. The first team had an impressive last season and we’re all looking forward to getting behind them over the next three years.” The yearly contributions will go towards essential facilities as well as the development of senior and junior teams. With more than 250 young members in age grade categories and the junior academy, youth rugby is high on the agenda for the Huddersfield club. Elaborating on the importance of community support, HRUFC’s general manager Stuart Leach said: “Many of our senior squad and first team are homegrown players, so providing sporting opportunities for children from 4 years and above to learn, progress and enjoy playing rugby is a top priority for us. “Whilst we have ambitions for our First XV to become well-established within National 2 North, we are additionally dedicated to fielding at least three senior matches every Saturday, further developing our female teams and ensuring all members feel equally valued. As a community rugby club, sustainable financial planning underpins all of these goals, which is why the support of sponsors such as Access North plays a vital role.” Access North Structures is based in the converted Brooke’s Mill and has expertise in rope access, fall protection, tensile fabrics and ETFE. Carrying out complex work at height assignments throughout the UK, the firm was recently named as runner-up in the ‘Employer of the Year’ category at the Examiner Business Awards.
Posted by Scriba PR Limited
Technical PR specialist relocates as it prepares for further growth

Tuesday 07 November 2017

Huddersfield-based Scriba PR has recently relocated to a self-contained converted loft within Heritage Exchange in Lindley, to set the team up for further growth. The technical PR agency began the year with just three employees, but with the addition of a PR assistant, executive and two account managers, the team now stands at seven. Moving to the new office space within the former textile mill was therefore essential to support the expanding team. Hannah van Rooyen joined as an account manager in February, while work placement student Paige Catton became a full time member of the team in May and has recently been promoted to PR executive. The two most recent additions are part time PR assistant Selina Shaw and account manager Jenny Gibson. Ex-journalist Jenny also lectures on PR at the University of Huddersfield. The recruitment drive has equipped Scriba with the expertise and capacity to increase its client base from 15 at the beginning of 2017, to a staggering 30 currently on board. Recent additions to the growing list are chemical manufacturer SNF, cloud tech specialist Vapour Cloud, HR and employment law advisory firm esphr, IT support experts Q2Q IT and high voltage electrical engineering contractor Smith Brothers. Commenting on the growth, Scriba PR’s managing director Katie Mallinson said: “Our old office was beginning to feel slightly cramped, and as the team continued to grow we needed more space to accommodate that. The move has provided us with an inspiring place to work that’s packed full of character, which I think is important when you spend so much time at your desk like we do. We have also been encouraging our clients to come and visit us to see our creative space for themselves.” Katie continued: “2017 has seen us really starting to cement our presence in the technical sectors we sought to specialise in – including technology, engineering, demolition and waste and recycling to name a few. Earlier this year I was asked to be a judge for the National Recycling Awards, which was an absolute honour as it is a sector that we hold close to our hearts, and to have our expertise recognised in this field was a great accolade for us. I feel we have really established ourselves over the past 12 months and our relocation has been a huge part of that. We’re a growing team and I’m excited to see what the next year will bring!” With its new office space, Scriba PR is already planning its next phase of recruitment, with the goal to appoint an additional full time account manager and PR apprentice in 2018.
Posted by Scriba PR Limited
650 smiles later: Huddersfield’s Courtyard dental centre wins award for pioneering, near-invisible straightening technique

Friday 03 November 2017

A forward-thinking Huddersfield dental practice has been crowned Yorkshire’s experts in the use of Invisalign, an ultra-modern way to straighten teeth. The Courtyard private dental centre has treated 650 patients so far with the revolutionary technology overtaking traditional wire braces, more than any other dentist in the county. The practice in a cobbled square off King Street in Huddersfield town centre has won an award from Invisalign for its work over the past decade. As early adopters, at a time when many other dentists stuck to wire methods, they were ahead of the curve – as were their patients. Such new technology is the biggest reason for a national upturn in adults seeking teeth straightening treatments that dentists all over the country are reporting. Marcos White, founder of The Courtyard, said: “We have experienced a 33% growth rate in new Invisalign customers year on year for the past five years. We are confident that Invisalign will overtake traditional braces in the adult market over the next five years.” “We do not provide fixed metal braces. We feel that if a patient is lacking confidence in their smile, the last thing they will be looking for is a straightening technique which draws attention to their teeth. “For this reason, we work solely with Invisalign – the global market leaders in discreet orthodontics. Having successfully treated over 5 million patients worldwide the technique is well proven.” Marcos continued: “About 90% of our Invisalign patients are women aged 25 to 35 including brides-to-be wanting to look their best for their wedding and busy mothers of young children looking to do something for themselves. “If straightening meant wearing a brace for two years, people wouldn’t be taking that step in increasing numbers but wearing near-invisible aligners for a few months is a much more attractive prospect. “Our patients come from all over West and South Yorkshire and often due to recommendations from other patients.” Total costs for the six-month treatment are £2,679 that can be paid monthly over two years. The price is similar to that of wire braces and less expensive than other methods such as white-coloured or behind-the-teeth braces. The 20-strong team at The Courtyard has almost 1,500 private patients in total. Marcos joined the practice in 2003 and bought it in 2006. Its ordinary, clinically-styled premises were transformed to a plush environment akin to a boutique hotel or spa with the help of interior designers and rapid expansion has led to the practice now occupying four former business premises around the picturesque yard. The Courtyard focuses as much on customer experience as its dental services and has invested £1/4 million in new dentistry technology over the past two years.
Posted by Scriba PR Limited
New Appointment Strengthens Leading Huddersfield Advisory Team

Thursday 02 November 2017

Leading Huddersfield based financial advisory firm, Sheards Wealth Management has appointed a new adviser into the business as it continues with expansion plans. Darren Brock has been working in the Financial Services sector for over 35 years, joining his first company back in the 1980's. He has experience dealing with both personal and corporate clients, as well as professional introducers.   His career began in the broker division of Allied Dunbar, from where he moved on to become a Senior Broker Consultant with Scottish Amicable in the 1990's, before starting his own successful Adviser business in 1999. He is driven by high quality advice and a focus on client's needs and priorities.   Speaking on the appointment, Mark Stewart Director of Sheards Wealth Management commented: “I am delighted to welcome Darren to Sheards Wealth Management. I am confident that Darren’s expertise and passion for providing his clients with outstanding levels of customer service will be of significant benefit to the business. With years of experience from a broad range of Financial Services, Darren is a welcome addition to the Sheards Wealth Management team”. Commenting on his appointment, Darren Brock added, “I am delighted to be joining such a reputable and well established business. I look forward to being able to utilise my skills and expertise to good use to help Sheards Wealth Management in achieving its’ objectives whilst supporting customers to achieve their financial goals”.
Posted by Sheards Wealth Management
35 results found, page 1 of 4.  
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