2. Slide 2 Use information gathered from the Central Pools web site to develop your financial model Answer a range of questions by creating formulae in your financial model Test at least one prediction Today you will:

3. Slide 3 1Approximately how many adults swim in any one week? 2Why is it difficult to be precise about how many people will buy tickets? 3How can Central Pools find out how much they need to charge to make a profit? By the end of the lesson you will be able to answer:

4. Identify Outline of the problem Analyse The needs of the system Evaluate Refining the system Design Planning all parts of the system Implement Creating the system Test Making sure the system works System life cycle

5. WEEKLY EXPENDITURE Heating and lighting£225.00 Water purification£140.00 Cleaning£104.00 Full time staff£700.00 Part time staff£900.00 OTHER ANNUAL EXPENDITURE Decorating£1,400.00 Advertising£500.00 Ticket printing£250.00 Identification Bands£200.00 Key replacements£140.00 Locker replacements£90.00

6. Task 1: Central Pools Financial Model Using the spreadsheet model provided, add the running costs to your model, then show how many customers the pool needs to break even by adding the appropriate formula to the cells to calculate totals. Don't forget to save your worksheet in your home area.