This document discusses the importance of budgetary forecasts in financial management and provides a step-by-step guide on how to prepare a cash budget and profit budget forecast for Cardiff Central Hotel. It explains the inflow and outflow of cash, potential sources of income and expenses, and estimated profits for the organization. The cash budget shows a steady rise in room sales and constant expenses, while the profit budget forecast helps in evaluating the chances of profit generation and maintaining overall expenditures.

Discover the significance of budget forecasts in financial management and how to create cash and profit forecasts for Cardiff Central Hotel.

Budgetary Forecasts for Cardiff Central Hotel: Cash Budget and Profit Budget Forecast

Budgetary Forecasts: Cash Budget and Profit Budget Forecast

Cash budget refers to budget prepared by the business for evaluating the cash inflows and outflows from the company. Cash budget is prepared by the company for evaluating the availability of cash with the company for carrying out the operations of business.

Cash budget of Cardiff Central Hotel for 2020

This report presents a cash budget for Cardiff Central Hotel, including estimated receipts and payments for each month of the year 2019-20. The budget shows the inflows and outflows of cash, as well as the sources of income and expenses for the hotel.

Cash Budget for Cardiff Central Hotel

This document provides a detailed budget forecast for a business, including expenses and income. It also includes an interpretation of the cash flow and profitability trends. Use this information to plan for the future and improve your business's financial performance.

Budget Forecast

This report discusses the concept of budgetary forecasts and their importance in financial planning. It focuses on the cash budget forecast and profit forecast for Westhorpe Leisure Limited, a company that owns several medium-scale hotels. The cash budget forecast shows the net cash inflow for the next 6 months, while the profit forecast indicates the expected income and expenses for the same period. The report concludes that the company is projected to earn profits and generate positive cash flows in the future.