Funding amount request and budget (including changes from Stage 1)

Can I change the amount of funding requested between Stage 1 and 2?

Yes, it is still possible for applicants to amend the funding request they made...
Can I make changes to my application between Stage 1 and 2?

We are aware that things evolve and change and will allow for a level of flexibility...
In our budget, at the end of each MYF year, we are showing a small surplus which would be carried over to the following year – is this allowed?

Yes, small surpluses are acceptable.
Can the financial information provided at Stage 2 differ from Stage 1?

Yes, the financial information presented at Stage 1 was not assessed in detail and...

How should we show a contingency budget within the financial pro-forma?

As the financial information is for your entire organisation, we wouldn’t...
Where should we show reserves in the financial pro-forma?

The financial pro-forma requires you to input restricted and unrestricted reserves...
Which year should we base our full-time equivalent employees answer from? Should it be at the time of submission (April 2024) or be projected for when Multi-Year Funding will begin (April 2025)?

Please answer this question with the number of full-time equivalent employees at...
As an RFO, we have already supplied Equalities Monitoring Data as part of the annual survey but not Multi-Year Funding, do we need to supply this information again?

The Equalities Monitoring information is anonymised as part of the application...

In applying to the Multi-Year Fund, should I submit a separate budget?

The information detailing what supporting materials we require for Stage 2...
How should we treat depreciation in the financial pro-forma? Should we omit or put it into one of the expenditure lines?

Depreciation and any other non-cash items should be put into the income...
Can more advice be provided on appropriate reserve levels, specifically for organisations who have been in receipt of project/restricted funds but would need to develop reserves in 25-28?

The setting of levels of reserves is something for the Boards of individual...
We are a UK-wide organisation but are applying to this fund for work in Scotland. How should the financial proforma be completed in this case?

If an applicant is working UK-wide, and only applying to this fund for their Scotland...

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