Dairy Budget 2019-2020

NET FARM INCOME FOR THE 2019 YEAR

Livestock

Head Acres

£ / Hd

Budget Total

Dairy Herd

150 173.60 30 12.20 30 14.20

922.97 538.94 436.28

138,445 16,168 13,088

Heifer Rearing Yr 1 Heifer Rearing Yr 2

Livestock Margins

200.00

167,702

Enterprise Gross Margin

167,702

Basic Payment Scheme

18,000

18,000

Total Farm Gross Margin

185,702

Less Fixed Costs : Property Costs

£\Acre 60.00 140.00 240.45 86.75

12,000 28,000 48,090 17,350

Labour Machinery

General Overheads

105,440

Sub Total

527.20

Pre Rent & Finance Surplus

80,262

Rent

140.00 34.08

28,000 6,816

Finance

34,816

Sub Total

174.08

Total Net Farm Income

45,446

Before : Drawings, Pensions, PAYE.etc..

-28,100

Taxation Machinery Lease/HP

-7800 -8,000

Capital Expenses ( Mach purchase/Loan rpmt)

Less Capital Receipts

-43,900

BROWN&CO | DAIRY BUDGET