Calculating your costs for your Awards for All application
This article will help you understand how to tell us about your project costs in your Awards for All application.
The costs below are just examples to illustrate how to break them into categories and explain the cost of each category. You may have different categories than those illustrated below.
Category: This refers to the specific type of expense or cost associated with the project.
Amount: The total cost allocated to each category. This represents the financial value assigned to a specific expense within the budget. This must be a whole number (e.g. no decimal places).
How you calculated the cost: A detailed explanation of how the total amount for each category was determined. This may include unit costs, quantities, hourly rates, etc.I'l
The table below shows some general costing examples. Check the eligible costs for the programme you are applying for before completing this question.
| Category | Amount | How the cost was calculated |
|---|---|---|
| Office supplies | £300 | 4 packs of pens at £8.50 each = £34 60 bundles of A4 paper at £2.50 each = £150 90 envelopes at £1.28 each = £116 |
| Venue hire | £1,000 | 2 days at £500 per day |
| Staff | £10,296 | 1 Office Assistant (10 hrs pw at £11.45 ph for 48 weeks = £5,496) 1 Project Manager (4 hrs pw at £25 ph for 48 weeks = £4,800) |
| Equipment | £1,750 | Computer £800 Desk £300 Chair £150 New cooker £500 |
| Volunteer expenses | £1,000 | 4 volunteers for 40 weeks, including travel and expenses |
| Activities | £5,000 | 25 sessions at £200 per session |
| Refurbishment | £3,200 | Painting £500 New door £700 Carpet/tiling £2,000 |
| Arts/crafts sessions | £3,840 | 12 hours per week at £16/hr for 20 weeks |
| Travel/transport | £1,500 | Bus hire £1,000 for 1 event Mileage at 45p/ml = £500 |
| Running costs | £5,250 | Rent £4,000 Electricity £400 Phone £100 Broadband £300 Heating £350 Insurance £100 |