5-YEAR FINANCIAL PLAN

COOKIE AVENUE

FORECASTED REVENUE Quantity Price Daily Weekly

Chocolate Chip Cookies 300 12 3600 25200

Vegetables Cookies (Malunggay) 150 12 1800 12600
Cookies with Fillings (Mallows) 300 15 4500 31500
Cookies with Fillings (Nips) 300 15 4500 31500
Projected Sales, Year 1
COST OF GOODS SOLD
Expected
gross
margin
Projected COGS, Year 1 30%
ANNUAL MAINTENANCE, REPAIR AND OVERHAUL
Factor (%) on capital equipment 15%
ASSET DEPRECIATION
Furniture and Fixtures 5
Machineries and Equipments 10
TAX
Annual Tax Rate 30%
INFLATION
Annual Inflation Rate 2%
PRODUCT PRICE INCREASE
Annual Price Increase 6%
 Projected
Monthly
Yearly Sales
108000 1296000
54000 648000
135000 1620000
135000 1620000
₱ 5,184,000.00

Cost Of
Goods Sold

₱ 1,555,200.00
 PROJECTED COSTS
Raw Materials ₱ 1,497,840.00
Packaging Materials ₱ 62,400.00
Office Supplies ₱ 13,860.00
Furnitures and Fixtures ₱ 9,200.00
Equipment ₱ 24,000.00
Permit and Licensure Expenses ₱ 6,580.00
Salaries Expense ₱ 687,567.00
Transportation Expense ₱ 12,000.00
Advertising Expense ₱ 12,000.00
Rent Expense ₱ 36,000.00 *
Utilities Expense ₱ 15,600.00
SSS ₱ 3,840.00
PhilHealth ₱ 1,930.65
Pag-ibig ₱ 1,287.10
INITIAL CAPITAL ₱ 1,607,300.00
₱ 401,825.00 Contribution per partner

PARTNERS' CAPITAL
Ratio Amount
Lawrence L. Misolas 25% ₱ 401,825.00
Rondave Obligado 25% ₱ 401,825.00
Jubelie Mae Alvarez 25% ₱ 401,825.00
Angel Joy Morales 25% ₱ 401,825.00
TOTAL 100% ₱ 1,607,300.00
Raw Materials
Items (per kilo) Monthly Annual Unit Price
Baking Powder 150 1800 ₱ 180.00
Baking Soda 150 1800 ₱ 150.00
White Sugar 90 1080 ₱ 50.00
Brown Sugar 90 1080 ₱ 50.00
All Purpose Flour 100 1200 ₱ 60.00
Cake Flour 100 1200 ₱ 55.00
Milk Chocolate Chips 80 960 ₱ 150.00
Nips 4 48 ₱ 235.00
Mallows 4 48 ₱ 200.00
Items (per pcs)
Eggs 2500 30000 ₱ 7.00
Milk Chocolate Chips 80 960 ₱ 150.00
Cold Unsalted Butter 15 180 ₱ 60.00
Items (per pack)
Malunggay (Horseradish) 60 720 ₱ 178.00
TOTAL

Rent Expense
Monthly Annually
Rent ₱ 3,000.00 ₱ 36,000.00
TOTAL ₱ 36,000.00

Office Supplies
Items Quantity Price Annual Cost
Record Book 2 ₱ 80.00 ₱ 1,920.00
Official Receipt 30 ₱ 20.00 ₱ 7,200.00
Ballpen 12 ₱ 5.50 ₱ 792.00
Bond Paper 2 ₱ 50.00 ₱ 1,200.00
Puncher 1 ₱ 65.00 ₱ 780.00
Staple 2 ₱ 32.00 ₱ 768.00
Staple wire 10 ₱ 7.00 ₱ 840.00
Fastener 1 ₱ 30.00 ₱ 360.00
TOTAL ₱ 13,860.00

Packaging Materials
Items (pcs) Monthly Yearly Unit Price
Thankyou Sticker 500 6000 ₱ 5.00
Plastic Bag 200 2400 ₱ 3.00
Ribbon 800 9600 ₱ 2.00
Plastic Cups 100 1200 ₱ 5.00
TOTAL
Transportation Expenses
Item Monthly Annually
Delivery Cost ₱ 1,000.00 ₱ 12,000.00
TOTAL ₱ 12,000.00

Advertising Expenses
Item Monthly Annually
Promotional Banner ₱ 1,000.00 ₱ 12,000.00
TOTAL ₱ 12,000.00

Equipment
Items Quantity Price Amount
Oven 2 ₱ 7,000.00 ₱ 14,000.00
Electric Mixer 4 ₱ 2,500.00 ₱ 10,000.00
TOTAL ₱ 24,000.00

Furnitures and Fixtures

Items Quantity Price Amount
Tables 4 ₱ 500.00 ₱ 2,000.00
Chairs 16 ₱ 450.00 ₱ 7,200.00
TOTAL ₱ 9,200.00

Depreciation
Items Useful life Amount Amount
Equipment 10 ₱ 24,000.00 ₱ 2,400.00
Furnitures and Fixtures 5 ₱ 9,200.00 ₱ 1,840.00
TOTAL ₱ 4,240.00

Utilities Expenses
Items Monthly Annually
Electric Bill ₱ 1,000.00 ₱ 12,000.00
Water Bill ₱ 300.00 ₱ 3,600.00
TOTAL ₱ 15,600.00

Permit and Licensure Expenses

Items Amount
Municipal and Barangay:
Barangay Clearance ₱ 500.00
Community Tax Certificate ₱ 250.00
Local Tax ₱ 300.00
Mayor’s Permit ₱ 500.00
Sanitary Permit Fee ₱ 600.00
Police Clearance ₱ 200.00
Business Plate/Sticker ₱ 250.00
Fire Inspection Fee ₱ 50.00
Subtotal:  ₱ 2,650.00
SEC
Registration Fee (Municipal) ₱ 1,000.00
Documentary stamps ₱ 40.00
Notarial Fee ₱ 75.00
Subtotal:  ₱ 1,115.00
BIR
Processing fee ₱ 1,500.00
Registration Fee ₱ 500.00
Documentary Stamps ₱ 20.00
Receipt for Booklet ₱ 100.00
Notarial Fee ₱ 75.00
Subtotal:  ₱ 2,195.00
Certificate of the Public Convenience
Filing Fee ₱ 510.00
Inspection Fee ₱ 100.00
Legal Research Fee ₱ 10.00
Subtotal:  ₱ 620.00
TOTAL  ₱ 6,580.00

Monthly Salary of Employees

Monthly Number of
Personnel Monthly salaries
salary personnel
Service Crew ₱ 2,685.00 3 ₱ 8,055.00
Cashier ₱ 4,500.00 2 ₱ 9,000.00
Baker ₱ 5,500.00 2 ₱ 11,000.00
General Manager ₱ 36,300.00 1 ₱ 36,300.00
TOTAL 8
 Amount
₱ 324,000.00
₱ 270,000.00
₱ 54,000.00
₱ 54,000.00
₱ 72,000.00
₱ 66,000.00
₱ 144,000.00
₱ 11,280.00
₱ 9,600.00

₱ 210,000.00
₱ 144,000.00
₱ 10,800.00

₱ 128,160.00
₱ 1,497,840.00

Amount
₱ 30,000.00
₱ 7,200.00
₱ 19,200.00
₱ 6,000.00
₱ 62,400.00
 PHIL HEALTH PAG-IBIG
SSS Deductions NET PAY
3% 2%
₱ 640.00 ₱ 241.65 ₱ 161.10 ₱ 1,042.75 ₱ 7,012.25
₱ 720.00 ₱ 270.00 ₱ 180.00 ₱ 1,170.00 ₱ 7,830.00
₱ 880.00 ₱ 330.00 ₱ 220.00 ₱ 1,430.00 ₱ 9,570.00
₱ 1,600.00 ₱ 1,089.00 ₱ 726.00 ₱ 3,415.00 ₱ 32,885.00
₱ 3,840.00 ₱ 1,930.65 ₱ 1,287.10 ₱ 7,057.75 ₱ 57,297.25
₱ 46,080.00 ₱ 23,167.80 ₱ 15,445.20
 Annual
Annaul Salary NET PAY Annual
Deductions
₱ 96,660.00 ₱ 12,513.00 ₱ 84,147.00
₱ 108,000.00 ₱ 14,040.00 ₱ 93,960.00
₱ 132,000.00 ₱ 17,160.00 ₱ 114,840.00
₱ 435,600.00 ₱ 40,980.00 ₱ 394,620.00
₱ 772,260.00 ₱ 84,693.00 ₱ 687,567.00
 AVENUE COOKIE
Statement of Financial Posit
ASSETS Initial Balance, Jan 01
Current Assets
Cash ₱ -
Account Receivables ₱ -
Raw Materials ₱ 1,497,840.00
Packaging Materials ₱ 62,400.00
Office Supplies ₱ 13,860.00
Total Current Assets ₱ 1,574,100.00
Non Current Assets
Furniture and Fixtures ₱ 9,200.00
Less: Accumulated Depreciation - F&F
Equipments ₱ 24,000.00
Less: Accumulated Depreciation - Equip ₱ -
TOTAL ASSETS ₱ 1,607,300.00

LIABILITIES AND OWNERS EQUITY

Current Liabilities
Accounts Payable ₱ -
Salaries Payable ₱ -
Deffered Taxes ₱ -
Total Liabilities ₱ -
Equity
Alvarez, Capital ₱ 401,825.00
Misolas, Capital ₱ 401,825.00
Morales, Capital ₱ 401,825.00
Obligado, Capital ₱ 401,825.00
Total Equity ₱ 1,607,300.00
Total Liabilities and Owners Equity ₱ 1,607,300.00

ASSET ₱ 1,607,300.00
LIAB AND EQUITY ₱ 1,607,300.00
DIFF. ₱ -
 AVENUE COOKIE
Statement of Financial Position
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

₱ 2,698,100.00 ₱ 4,787,985.20 ₱ 7,030,538.62 ₱ 9,435,432.57 ₱ 12,012,929.91

₱ - ₱ - ₱ - ₱ - ₱ -
₱ 1,497,840.00 ₱ 1,497,840.00 ₱ 1,497,840.00 ₱ 1,497,840.00 ₱ 1,497,840.00
₱ 62,400.00 ₱ 62,400.00 ₱ 62,400.00 ₱ 62,400.00 ₱ 62,400.00
₱ 13,860.00 ₱ 13,860.00 ₱ 13,860.00 ₱ 13,860.00 ₱ 13,860.00
₱ 4,272,200.00 ₱ 6,362,085.20 ₱ 8,604,638.62 ₱ 11,009,532.57 ₱ 13,587,029.91

₱ 9,200.00 ₱ 9,200.00 ₱ 9,200.00 ₱ 9,200.00 ₱ 9,200.00

₱ 1,840.00 ₱ 3,680.00 ₱ 5,520.00 ₱ 7,360.00 ₱ 9,200.00
₱ 24,000.00 ₱ 24,000.00 ₱ 24,000.00 ₱ 24,000.00 ₱ 24,000.00
₱ 2,400.00 ₱ 4,800.00 ₱ 7,200.00 ₱ 9,600.00 ₱ 12,000.00
₱ 4,301,160.00 ₱ 6,386,805.20 ₱ 8,625,118.62 ₱ 11,025,772.57 ₱ 13,599,029.91

₱ - ₱ - ₱ - ₱ - ₱ -
₱ - ₱ - ₱ - ₱ - ₱ -
₱ 808,158.00 ₱ 868,140.96 ₱ 931,936.32 ₱ 999,777.08 ₱ 1,071,910.33
₱ 808,158.00 ₱ 868,140.96 ₱ 931,936.32 ₱ 999,777.08 ₱ 1,071,910.33

₱ 873,250.50 ₱ 1,379,666.06 ₱ 1,923,295.58 ₱ 2,506,498.87 ₱ 3,131,779.90

₱ 873,250.50 ₱ 1,379,666.06 ₱ 1,923,295.58 ₱ 2,506,498.87 ₱ 3,131,779.90
₱ 873,250.50 ₱ 1,379,666.06 ₱ 1,923,295.58 ₱ 2,506,498.87 ₱ 3,131,779.90
₱ 873,250.50 ₱ 1,379,666.06 ₱ 1,923,295.58 ₱ 2,506,498.87 ₱ 3,131,779.90
₱ 3,493,002.00 ₱ 5,518,664.24 ₱ 7,693,182.31 ₱ 10,025,995.49 ₱ 12,527,119.58
₱ 4,301,160.00 ₱ 6,386,805.20 ₱ 8,625,118.62 ₱ 11,025,772.57 ₱ 13,599,029.91

₱ 4,301,160.00 ₱ 6,386,805.20 ₱ 8,625,118.62 ₱ 11,025,772.57 ₱ 13,599,029.91

₱ 4,301,160.00 ₱ 6,386,805.20 ₱ 8,625,118.62 ₱ 11,025,772.57 ₱ 13,599,029.91
₱ - ₱ - ₱ - ₱ - ₱ -
 COOKIE AVENUE
Statement of Financial Performance
Year 1
Sales ₱ 5,184,000.00
Less: Cost of Good Sold (COGS) ₱ 1,555,200.00
Gross Income ₱ 3,628,800.00
Less: Operating Expenses
Packaging Expenses ₱ 62,400.00
Rent Expenses ₱ 36,000.00
Transportation Expenses ₱ 12,000.00
Advertising Expenses ₱ 12,000.00
Office Supplies Expense ₱ 13,860.00
Depreciation Expense ₱ 4,240.00
Utilities Expenses ₱ 15,600.00
Administrative expenses
Permits and Licensure Expense ₱ 6,580.00
Salaries and Wages ₱ 687,567.00
SSS ₱ 46,080.00
Philhealth ₱ 23,167.80
Pag-ibig ₱ 15,445.20
TOTAL EXPENSES ₱ 934,940.00
Net Profit Before Taxes ₱ 2,693,860.00
Income Tax 30% -₱ 808,158.00
Net profit after Taxes ₱ 1,885,702.00
KIE AVENUE
inancial Performance
Year 2 Year 3 Year 4 Year 5
₱ 5,495,040.00 ₱ 5,824,742.40 ₱ 6,174,226.94 ₱ 6,544,680.56
₱ 1,648,512.00 ₱ 1,747,422.72 ₱ 1,852,268.08 ₱ 1,963,404.17
₱ 3,846,528.00 ₱ 4,077,319.68 ₱ 4,321,958.86 ₱ 4,581,276.39

₱ 63,648.00 ₱ 64,920.96 ₱ 66,219.38 ₱ 67,543.77

₱ 36,720.00 ₱ 37,454.40 ₱ 38,203.49 ₱ 38,967.56
₱ 12,240.00 ₱ 12,484.80 ₱ 12,734.50 ₱ 12,989.19
₱ 12,000.00 ₱ 12,000.00 ₱ 12,000.00 ₱ 12,000.00
₱ 13,860.00 ₱ 13,860.00 ₱ 13,860.00 ₱ 13,860.00
₱ 4,240.00 ₱ 4,240.00 ₱ 4,240.00 ₱ 4,240.00
₱ 15,600.00 ₱ 15,600.00 ₱ 15,600.00 ₱ 15,600.00

₱ 6,711.60 ₱ 6,845.83 ₱ 6,982.75 ₱ 7,122.40

₱ 701,318.34 ₱ 715,344.71 ₱ 729,651.60 ₱ 744,244.63
₱ 47,001.60 ₱ 47,941.63 ₱ 48,900.46 ₱ 49,878.47
₱ 23,631.16 ₱ 24,103.78 ₱ 24,585.85 ₱ 25,077.57
₱ 15,754.10 ₱ 16,069.19 ₱ 16,390.57 ₱ 16,718.38
₱ 952,724.80 ₱ 970,865.30 ₱ 989,368.60 ₱ 1,008,241.97
₱ 2,893,803.20 ₱ 3,106,454.38 ₱ 3,332,590.26 ₱ 3,573,034.42
-₱ 868,140.96 -₱ 931,936.32 -₱ 999,777.08 -₱ 1,071,910.33
₱ 2,025,662.24 ₱ 2,174,518.07 ₱ 2,332,813.18 ₱ 2,501,124.09
 COOKIE AVENUE
Comparative Statement of Cash Flow
Cash Flow from Operating activities YEAR 1 YEAR 2
Net Income (Loss) ₱ 1,885,702.00 ₱ 2,025,662.24
Adjustment for:
Depreciation (Gross) ₱ 4,240.00 ₱ 4,240.00
Changes in Working Capital
Decrease (Increase) in Current Assets
Raw Materials -₱ 1,497,840.00 ₱ -
Packaging Materials -₱ 62,400.00 ₱ -
Office Supplies -₱ 13,860.00 ₱ -
Increase (Decrease) in Current Liabilities
Accounts Payable ₱ - ₱ -
Accrued Salaries Expense ₱ - ₱ -
Income Tax Payable ₱ 808,158.00 ₱ 59,982.96
Net Cash provided by operating activities ₱ 1,124,000.00 ₱ 2,089,885.20
Cash Flow from Investing activities
Furniture and Fixtures ₱ 9,200.00 ₱ -
Equipments ₱ 24,000.00 ₱ -
Net Cash used in investing activitiess ₱ 33,200.00 ₱ -
Cash Flow from Financing activities
Partners' Capital ₱ 1,607,300.00 ₱ -
Net cash used in financing activities ₱ 1,607,300.00 ₱ -
Net increase (decrease) in cash ₱ 2,698,100.00 ₱ 2,089,885.20
Cash Balance, Beginning ₱ - ₱ 2,698,100.00
Cash Balance, Ending ₱ 2,698,100.00 ₱ 4,787,985.20
E
Cash Flow
YEAR 3 YEAR 4 YEAR 5
₱ 2,174,518.07 ₱ 2,332,813.18 ₱ 2,501,124.09

₱ 4,240.00 ₱ 4,240.00 ₱ 4,240.00

₱ - ₱ - ₱ -
₱ - ₱ - ₱ -
₱ - ₱ - ₱ -

₱ - ₱ - ₱ -
₱ - ₱ - ₱ -
₱ 63,795.36 ₱ 67,840.76 ₱ 72,133.25
₱ 2,242,553.42 ₱ 2,404,893.94 ₱ 2,577,497.34

₱ - ₱ - ₱ -
₱ - ₱ - ₱ -
₱ - ₱ - ₱ -

₱ - ₱ - ₱ -
₱ - ₱ - ₱ -
₱ 2,242,553.42 ₱ 2,404,893.94 ₱ 2,577,497.34
₱ 4,787,985.20 ₱ 7,030,538.62 ₱ 9,435,432.57
₱ 7,030,538.62 ₱ 9,435,432.57 ₱ 12,012,929.91
 STATEMENT OF CHANGES IN PARTNERS' EQUITY
Year 2021 Alvarez, Capital Misolas, Capital
Capital, Beginning ₱ 401,825.00 ₱ 401,825.00
Add: Distribution ₱ - ₱ -
Share in Profit ₱ 471,425.50 ₱ 471,425.50
Less: Withdrawals ₱ - ₱ -
Capital, Ending ₱ 873,250.50 ₱ 873,250.50

Year 2022 Alvarez, Capital Misolas, Capital

Capital, Beginning ₱ 873,250.50 ₱ 873,250.50
Add: Distribution ₱ - ₱ -
Share in Profit ₱ 506,415.56 ₱ 506,415.56
Less: Withdrawals ₱ - ₱ -
Capital, Ending ₱ 1,379,666.06 ₱ 1,379,666.06

Year 2023 Alvarez, Capital Misolas, Capital

Capital, Beginning ₱ 1,379,666.06 ₱ 1,379,666.06
Add: Distribution ₱ - ₱ -
Share in Profit ₱ 543,629.52 ₱ 543,629.52
Less: Withdrawals ₱ - ₱ -
Capital, Ending ₱ 1,923,295.58 ₱ 1,923,295.58

Year 2024 Alvarez, Capital Misolas, Capital

Capital, Beginning ₱ 1,923,295.58 ₱ 1,923,295.58
Add: Distribution ₱ - ₱ -
Share in Profit ₱ 583,203.30 ₱ 583,203.30
Less: Withdrawals ₱ - ₱ -
Capital, Ending ₱ 2,506,498.87 ₱ 2,506,498.87

Year 2025 Alvarez, Capital Misolas, Capital

Capital, Beginning ₱ 2,506,498.87 ₱ 2,506,498.87
Add: Distribution ₱ - ₱ -
Share in Profit ₱ 625,281.02 ₱ 625,281.02
Less: Withdrawals ₱ - ₱ -
Capital, Ending ₱ 3,131,779.90 ₱ 3,131,779.90
NGES IN PARTNERS' EQUITY
Morales, Capital Obligado Capital Total Partners' Capital
₱ 401,825.00 ₱ 401,825.00 ₱ 1,607,300.00
₱ - ₱ - ₱ -
₱ 471,425.50 ₱ 471,425.50 ₱ 1,885,702.00
₱ - ₱ - ₱ -
₱ 873,250.50 ₱ 873,250.50 ₱ 3,493,002.00

Morales, Capital Obligado Capital Total Partners' Capital

₱ 873,250.50 ₱ 873,250.50 ₱ 3,493,002.00
₱ - ₱ - ₱ -
₱ 506,415.56 ₱ 506,415.56 ₱ 2,025,662.24
₱ - ₱ - ₱ -
₱ 1,379,666.06 ₱ 1,379,666.06 ₱ 5,518,664.24

Morales, Capital Obligado Capital Total Partners' Capital

₱ 1,379,666.06 ₱ 1,379,666.06 ₱ 5,518,664.24
₱ - ₱ - ₱ -
₱ 543,629.52 ₱ 543,629.52 ₱ 2,174,518.07
₱ - ₱ - ₱ -
₱ 1,923,295.58 ₱ 1,923,295.58 ₱ 7,693,182.31

Morales, Capital Obligado Capital Total Partners' Capital

₱ 1,923,295.58 ₱ 1,923,295.58 ₱ 7,693,182.31
₱ - ₱ - ₱ -
₱ 583,203.30 ₱ 583,203.30 ₱ 2,332,813.18
₱ - ₱ - ₱ -
₱ 2,506,498.87 ₱ 2,506,498.87 ₱ 10,025,995.49

Morales, Capital Obligado Capital Total Partners' Capital

₱ 2,506,498.87 ₱ 2,506,498.87 ₱ 10,025,995.49
₱ - ₱ - ₱ -
₱ 625,281.02 ₱ 625,281.02 ₱ 2,501,124.09
₱ - ₱ - ₱ -
₱ 3,131,779.90 ₱ 3,131,779.90 ₱ 12,527,119.58
NOTE: