Budget

=Necessary Expenses

Rent: £3750 Electricity: £180 Internet: £21.97 Water: £21 Phone: £15.31

Other

Reserve: £200 Components Budget: £100

Total

£4288/month (including VAT)

Water

We're currently being billed £21/month for both units (VAT exempt). This is a little high, I suspect we'll get it reduced soon.

Phone/Internet

(inc VAT)

Phone: £15.31 Internet: £21.97

Electricity

Our predicted electricity usage for the combined Units 23 and 24 is 1200kWh/month. Current offer on the table from EDF is 44p/day + 10.89p/kWh:

Standing charge: £0.44 * 30 = £13.20 Cost/kWh: £0.1089 * 1200 = £130.68 CCL: £0.0047 * 1200 = £5.64

Total ex VAT: £149.52 VAT @ 20%: £29.90 Total inc VAT: £179.42

Rent

For Units 23 and 24 combined:

Rent: £2,183.33 Service Charge: £941.02

Total ex VAT: £3,124.35 VAT @ 20%: £624.87 Total inc VAT: £3,749.22