sports
  • Introduction
  • Cheat Sheet
  • What is a University Sports Club?
    • Starting a New Sports Club
    • Recruiting Members
  • Sports Code of Conduct
    • Sports Team Member Code of Conduct List
    • Socials Policy
    • Union Member's Code of Conduct
    • Sports Disciplinary Action and Procedures
  • Committee
    • Required roles
    • Annual General Meetings
    • Sports Elections
    • HEAR
    • Gold Award
    • Monthly Committee Meeting
    • The SU General Elections
  • Activities
    • BUCS
    • LUSL
    • Extra Training Sessions
    • Booking rooms
    • External Speakers
    • Budgeting
    • Ticketing
    • After the event
    • Risk Assessment
    • Minibus and Transport
  • Diversity and Inclusion
  • Finance
    • Your Bank Account
    • Membership
    • Fundraising
    • External Sponsorship
    • Alumni and Friends Fund
    • Paying for Stuff
    • What happens when we spend money?
    • What Can We Spend Money On
    • What Cant We Spend Money On
    • The 7 Levels of Scrutiny
  • Communication
    • Template email for activities
    • Ideas for posters
    • Social Media Policy
    • Using Social Media
    • SU Newsletters
    • Using the SU Website
  • Welcome Week & Welcome Back Week
    • Preparing for Welcome Fair
    • Welcome Fair Rules
    • Getting the most out of Welcome Week
    • Welcome Back Week
  • Diversity and Inclusion
  • Sporting Personal Accident Policy
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  1. Activities

Budgeting

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Last updated 5 years ago

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Budgeting

Budgeting can be difficult, so here is some short tips on how to stay on top of your money!

  • Always ensure that you have enough money to put on the event.

  • Create a budget outlining what expenditures are required and share among the committee.

  • Always have an emergency fund for unexpected expenses (or expect the event to always be 10% more expensive!)

  • Make sure you prioritise important expenses first. Please don’t buy non-essentials until you’ve covered the required items.

  • Funding and external sponsorship is not yours until it is confirmed in your account. This is particularly important when you are working with external sponsors or funds which you must apply for.

    Always get a receipt of payment to Goldsmiths Students' Union.

  • If you lack the funds to run an event, please feel free to apply to the Societies Fund. Once you've applied for the funds and they have been accepted, you will be able to start planning the event!

If you need any other help, just let us know.