Top tips

INTRODUCTORY OVERVIEW

Plan what your voluntary or community organisation is going to do. Then work out both the cost of doing this activity or service, along with likely income
Avoid guessing what the costs are. Do some research to establish the true costs of things, like heating, transport and staff wages
Take into account price rises due to of inflation
Keep notes on how you arrived at figures
Look at your figures again to ensure nothing has been left out
Compare your budget with actual income and spending regularly throughout the year

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