TAB Feb 2019

Strictly Private & Confidential

19 February 2019

The Budget - Summary

Arable Crops Gross Margins

Gross Margin/ac Total

Acres

Winter Wheat Spring Barley

88.84 £352.50 £31,316.10 88.84 £247.50 £21,987.90 88.84 £260.50 £23,142.82

OSR

Arable Margins

266.52 £286.83 £76,446.82

Enterprise Gross

£76,446.82

Acres

Rent/ac Total

Permanent Pasture

30.64

£40 £1,225.60

Head

£/head/wkTotal

Cattle Sheds

200 £2.00 £10,400.00

(assume 26 weeks housed)

Acres

£/ac

Total

Basic Payment Scheme

297.16 £45.00 £13,372.20

(£45 being half BPS income)

£24,997.80

Acres

Other Land - Woodland and tracks

8.42

£0.00

Total Farm Gross Margin

£101,444.62

Less Fixed Costs:

£/acre

Property and Insurance Costs

£19.26 £5,723.30 £20.28 £6,026.40 £115.00 £34,173.40 £42.38 £12,593.64 £3.24 £962.80

Labour

Machinery

General Overheads

Bank Charge

Total Fixed Costs

200.16

£59,479.55

Pre-rent surplus

£41,965.07

Farm area

305.58 acres £137.33 per acre

50/50

£68.66

Rent from Farmland

Total rent

£20,982.54

Agricultural Net Profit

£20,982.54

Subletting income (ground rent)

£15,234

Total rent

£36,216.54

Acres

Farmland (from above) Yard and house area

305.58 5.52 311.10

Total area

311.10 £116.41 Per acre

BROWN&CO | Calculations

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