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1. FINANCIAL PLAN

5.1 Start-up Expenses

5.1.1Capitalization

Name Contribution

Mariel Jasmine D. Alejandro, CPA P 500,000

Lesley Mhay H. Biscocho, CPA P 500,000

Shenna Mae M. Librada, CPA P 500,000

Mary Jane T. Mercado, CPA P 500,000

Diane Kristine A. Pucyutan, CPA P 500,000

Atty. Jayvee M. Tagalog, CPA P 500,000

Total Contribution 3,000,000.00

According to the business dictionary capital is wealth in the form of money or

assets, taken as a sign of the financial strength of an individual, organization, or nation,

and assumed to be available for development or investment. Capital is considered the

most important need in establishing a company because it will serve as the basis for

starting a business. The Accolearn Hub shares an equal amount of money, each

member contributes 500,000.00 that will support the company including all of the

expenses and things that are needed to establish a business.

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5.1.2 Insurance Costs

Insurance Costs Cost/s

Business Insurance 30,000

Fire Insurance 2,000

Health Insurance 60,000

Total 92,000

5.1.3 Registration Costs

Registration Costs Cost/s

Business/Mayor’s Permit 5,000

Barangay Clearance 300

Occupancy Permit 3,500

Sanitary Permit 300

BIR Registration 500

Documentary Stamp 30

Books of Account 200

SEC Registration 2,530

DOLE Registration 20,000

Fire Extinguisher 1,0000

Total 33,360
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5.1.4 Capital/Equipment

Quantity Use Life Cost

Laptop 12 pcs 5yrs 360,000.00

Printer 2 pcs 5yrs 25,000.00

Air condition 3 pcs 5yrs 90,000.00

Office Tables/ Chairs 12 set 5yrs 120,000.00

Conference Tables and Chairs 1 set 5yrs 22,000.00

Software/ App 5yrs 500,000.00

Patent 10yrs 50,000.00

Royalties 20,000.00

Cabinet/Locker 1 pc 5yrs 10,000.00

Camera 5 pcs 5yrs 150,000.00

Hard drive 7 pcs 5yrs 4,200.00

Total 1,351,200
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ACCOLEARN HUB
Projected Statement of Financial Performance
For the period ending, December 31
2026 2025 2024
Service Revenue ₱ 4,200,000 ₱ 3,000,000 ₱ 2,232,000

Operating Expense
Royalty expense ₱ 20,000 ₱ 20,000 ₱ 20,000
advertising expense ₱ 15,000 ₱ 10,000 ₱ 5,000
Salaries Expense ₱ 1,260,000 ₱ 780,000 ₱ 540,000
Supplies Expense ₱ 25,000 ₱ 25,000 ₱ 25,000
Permits and Licenses ₱ 33,360
Utilities Expense ₱ 66,550 ₱ 60,500 ₱ 55,000
Insurance Expense ₱ 92,000 ₱ 92,000 ₱ 92,000
Internet/Communication Expense ₱ 18,000 ₱ 18,000 ₱ 18,000
Rent Expense ₱ 180,000 ₱ 156,000 ₱ 120,000
Miscellaneous Expense ₱ 28,800 ₱ 24,000 ₱ 20,000
Depreciation Expense- Equipment ₱ 107,840 ₱ 107,840 ₱ 107,840
Amortization Expense- Patent ₱ 5,000 ₱ 5,000 ₱ 5,000
Depreciation Expense- Software App ₱ 100,000 ₱ 100,000 ₱ 100,000
Depreciation Expense- Furniture and
Fixtures ₱ 48,400 ₱ 48,400 ₱ 48,400
Total Operating Expense ₱ 1,966,590 ₱ 1,446,740 ₱ 1,189,600
NET PROFIT ₱ 2,233,410 ₱ 1,553,260 ₱ 1,042,400
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ACCOLEARN HUB
Projected Statement of Financial Position
As of December 31,
2026 2025 2024
ASSETS
Current Assets
Cash ₱7,276,590 ₱4,781,940 ₱ 2,967,440
Office Supplies ₱ 5,000 ₱ 5,000 ₱ 5,000
Total Current Assets ₱7,281,590 ₱4,786,940 ₱ 2,972,440
Non-current Assets
Equipment ₱ 539,200 ₱ 539,200 ₱ 539,200
Accumulated Depreciation-
Equipment -₱ 323,520 -₱ 215,680 -₱ 107,840
Furniture and Fixtures ₱ 242,000 ₱ 242,000 ₱ 242,000
Accumulated Depreciation-
Furniture and Fixtures -₱ 145,200 -₱ 96,800 -₱ 48,400
Software App ₱ 500,000 ₱ 500,000 ₱ 500,000
Accumulated Depreciation-
Software App -₱ 300,000 -₱ 200,000 -₱ 100,000
Patent ₱ 50,000 ₱ 50,000 ₱ 50,000
Accumulated Amortization-
Patent -₱ 15,000 -₱ 10,000 -₱ 5,000
Total Non-current Assets ₱ 547,480 ₱ 808,720 ₱ 1,069,960
TOTAL ASSETS ₱7,829,070 ₱5,595,660 ₱ 4,042,400
LIABILITIE
S
Current Liabilities
Total Current Liabilities
Non-Current Liabilities
Total Non-Current Liabilities
TOTAL LIABILITIES - - -
EQUITY
Alejandro' Capital ₱ 889,349 ₱ 656,360 ₱ 500,000
Bischoco' Capital ₱ 889,349 ₱ 656,360 ₱ 500,000
Librada' Capital ₱1,019,132 ₱ 708,480 ₱ 500,000
Mercado' Capital ₱ 889,349 ₱ 656,360 ₱ 500,000
Pucyutan'Capital ₱1,019,132 ₱ 708,480 ₱ 500,000
Tagalog' Capital ₱ 889,349 ₱ 656,360 ₱ 500,000
Net Profit/Loss ₱2,233,410 ₱1,553,260 ₱ 1,042,400
TOTAL EQUITY ₱7,829,070 ₱5,595,660 ₱ 4,042,400
TOTAL LIABILITES AND EQUITY ₱7,829,070 ₱5,595,660 ₱ 4,042,400