How to cost your services – workshop for voluntary and community groups

Wednesday 7 November 2018
Introduction

Would you like to understand how to work out a fair cost for units of service you deliver? Examples of a unit of service could be hours of support provided or the number of activity sessions delivered etc.

The funding climate is changing and there has been a shift away from block grants towards ‘direct payments’ and/or ‘commissioned per unit’ funding. You will also find that this way of costing your services will also show more clearly to your donors or service users how the funds are being used.

Learning outcomes

You will be able to:

1. Understand cost and income types (such as fixed and variable costs and the difference between traditional one off grants and payment by unit).

2. Consider how to treat overheads.

3. Understand pricing options including target costing and cost recovery.

4. Write budgets from a unit basis.

5. Plan the internal processes and systems that you might need to operate on a cost recovery basis.

Target audience

This session will be most beneficial for those involved in budgeting and planning ahead, for example chairs of trustees, treasurers, managers or chief executives. The session is designed for a maximum of 12 participants.

Cost

This course is at a reduced rate of £50 for Reading based charities, social enterprises and community groups. If you are from outside of this area, please contact us for more information before booking.

Trainer

The course will be delivered by Rachel Eden of Holybrook Associates. Rachel is a qualified accountant and member of the Chartered Institute of Management Accountants. She has delivered a wide range of technical training for accountants and for the voluntary sector.

Type of event
Training
Event theme
Voluntary sector
Event date
7 November 2018
Start time
10.15am
End time
1.15pm
Phone
01189372104
Address line 1
3rd Floor
Line 2
Reading Central Library
Line 3
Abbey Square
Town
Reading
County
Berkshire
Postcode
RG1 3BQ
Wheelchair accessible?
Yes

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