How to calculate your cost

This is only an example of how the Amount (total cost) was calculated.

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.

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 you calculated the cost
Office supplies	£300	4 Pack of pen at £8.50 each = £34 60 Bundles of A4 papers at £2.50 each = £150 90 pieces of envelop at £1.28 each = £116
Venue Hire	£1,000	2 days at £500 for each 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 x 1 £300 Chair x 1 £150 New cooker £500