The Brief

You are the house manager for a specialist disability accommodation service provider. Your house can accommodate up to ten residents however this has required some renovations to ensure all rooms are compliant with current legislation.

At present the house is accommodating five residents.

With the completion of these works the future business plan for your house seeks to provide these vacant rooms (ten) to those requiring specialist disability accommodation.

Future Forecast

Your organisation has forecasted:

• two of the vacancies will be filled in in the next financial year and an additional

team member is employed

• the remaining three vacancies in the following year with another team member re-employed
• the current staffing ratio is 2:5
• revenue and expenses will increase in line with the increase in residents
• a financial funding bid is to be completed to apply for $10,000 for the following year to upgrade computer equipment (hardware and software)
• depreciation amount remains the same
• the financial and management data for the current year includes:
• Business plan
• Statement of Financial Performance (Profit & Loss statement)
• Statement of Financial Position (Balance Sheet statement)
• Cash flow forecast for the current year
• Asset register
• Aged Debtors statement
• Aged Creditors statement