Subject: Bar Levant
From: Leeana Taft <[email-masked]>
To: David Voisin <[email-masked]>
Cc: Adrian Colston-Weeks <[email-masked]>
Date: Thu, 25 Apr 2024 16:27:37 +0000

Hi David,

An update on the project and finances.

Main structure and blinds  (SO15174) - Order placed.     Total discounted cash price including GST £75,884.55, less £10,000 deposit received = £65,884.55.  A further deposit of £10,000 leaving balance of £55,884.55 outstanding.

If balance is to be paid over a period of 2 years, this will not benefit from the cash discount and calculates as £2,794.16 per month for 24 months.  First instalment is due 30 days after installation.  Please see payment plan attached.

I understand that you have secured funding for the other items.  Please see attached orders for:

Banquet seating and upholstery (SO15606)  which we have already pushed ahead with   - 50% due now and 50% on install.  Due now £9,977.00
Furniture (SO15604) - 50% due now and 50% on install. Due now £3,327.00
Heaters (SO15681) - 50% due now and 50% on install. Due now £3,045.00

Other items costings still to be finalised, however, these above 3 orders need to be placed now to work into the time frame.

I have attached the budget spreadsheet with updated figures which we have so far.

Let me know if you want to run through any of this.