Money in Mind project update

As the Money in Mind project enters its fifth and final year, small groups in Brighton & Hove continue to benefit from free advice on managing money. Since the project began in 2009, over 300 small groups have been helped to keep their finances in order and their groups running smoothly.

Between October and December, 100% of the groups who used the project rated the support they received as excellent.

See the January 2014 update for all the latest facts and figures.

Free workshops for social enterprises and charities (from Brighton and Hove Chamber of Commerce)

Money matters for social enterprises

Aimed at social enterprises in their early stages or those coming to the end of their funding and looking at becoming self-financing. Many social enterprises need to act like businesses if they are to become financially sustainable. Feel more confident managing finances as a business to ensure success and longevity. Suitable for those with or without experience of managing finances.

The aim of this workshop is to:

  • demystify financial jargon that may be holding you back
  • show you tools to use to evaluate the financial impact of projects and opportunities
  • show you key indicators to monitor – a financial health check
  • give you three changes to implement to become more financially sustainable

Date: 28th January, 9.30am-11.30am

Venue: The Brightonandhovejobs.com Cricket Ground

Link to book your free place: http://www.businessinbrighton.org.uk/event/money-matters-social-enterprises-ride-wave

 

Marketing matters for social enterprises

Whether you already have an existing social enterprise, run a local charity or community group and want to generate more income from trading goods or services to make yourself less reliant on funding, this is for you.

The aim is to:

  • focus on marketing and profile raising
  • hear from successful local social enterprises and social entrepreneurs
  • learn about the Three M’s of marketing: Market, Message and Medium
  • leave with a one-page marketing plan to implement the next day

This two-hour workshop will be a mix of presentation, case studies, storytelling and group work and will end with an interactive Q&A session with a local social entrepreneur.

Date: 11th February 9.30am-11.30am

Venue: The Brightonandhovejobs.com Cricket Ground

Link to book your free place: http://www.businessinbrighton.org.uk/event/marketing-matters-social-enterprises

 

ABOUT RIDE THE WAVE 2014

Ride the Wave returns for its third series with practical advice and support for businesses of all sizes and types. It is funded and led by Brighton & Hove City Council, and designed and delivered by Brighton & Hove Chamber of Commerce.

Focusing on Building Business Resilience and with free training, workshop and meet-up events between January and March, Ride the Wave 2014 will benefit start-ups, entrepreneurs and businesses alike, inspiring you to thrive, develop and expand.

For full programme line up http://www.businessinbrighton.org.uk/ridethewave

For more information or to join the Ride the Wave mailing list email  ridethewave@businessinbrighton.org.uk or call 01273 719097.

Money in Mind project nominated for an award

The Money in Mind project has been kindly nominated for a Sector Star award. The award winners will be announced at the launch of Community Works, on Wednesday November 27th, 7pm at Community Base.

Many thanks to whoever nominated the project. Money in Mind helps small groups in Brighton & Hove to manage their finances more effectively. It is a partnership between the Resource Centre and Impact Initiatives, and is funded by the Big Lottery Fund. Groups can get free one-to-one support, free examination of accounts, and free downloadable accounts systems and written information.

Members of the Community and Voluntary Sector Forum can vote online for a special Members Choice award, in addition to the awards given in a range of categories. Voting closes on Friday November 8th. Contact the Community and Voluntary Sector Forum on info@cvsectorforum.org.uk or 810230 to find out more about the event and how to vote.

 

Brighton and Hove Community Health Fund – Round 2 now open!

This fund aims to support and fund small community groups (annual income below £35,000) based in Brighton or Hove, addressing a particular health issue or wanting to run a health related activity. They are keen to reach groups who are just getting started and those working in under-represented communities. The fund can give:

  • one to one support (before and after your application) to help set up a group or develop your grant application
  • a grant (£500-£1500) to your group to help achieve your project or activity
  • the chance to meet similar groups to share skills, knowledge and solutions to any problems you might face

The next deadline is 5pm Friday 10th January 2014. For more information or to talk through an idea:

Call: 01273 409440

Email: mary.carruthers@sussexgiving.org.uk

Website: http://www.cvsectorforum.org.uk/Resources/community-health-fund (scroll to the bottom of the page for guidance notes and application form)

Information Session: Tues 3rd Dec 6-8pm at Friends Meeting House, Ship Street

Help with managing your group’s money

Local accounting firm Clark Brownscombe are hosting a seminar on Running your Finances Well, on Wednesday 6th November at Community Base.

This seminar will cover banking and financing; insolvency and the responsibilities and liabilities of trustees; and effective financial management for different types of charities.

Guest speakers are from CAF Bank, Jeremy Knight & Co Insolvency Practitioners and Clark Brownscombe Limited. The cost is £24 per organisation. Please email jogiles@cbhove.co.uk for more information.

Don’t forget, if you are a small community group in Brighton & Hove, you can always get free one-to-one support with managing money from the Money in Mind project.

Training course – Charity finances for trustees, Tuesday 17th September

Are your management committee in need of some support in how to make sense and better use of the management accounts?

CVSF has arranged an evening training course on Charity finances for trustees

Tuesday 17th September 2013, 6pm – 8pm

The aim is to give trustees a basic understanding of how charity finances should be run so that they can feel confident in their role as a trustee.

Points that will be covered:

  • Review of charity accounts. What the different terms mean and what the important figures are.
  • Good financial practices for Charities. What financial information you should expect as a trustee and how to interpret this information.
  • Funding applications and monitoring. Most charities are dependent on funding so they constantly have to apply for funding and report back to the funders on how their money has been spent.
  • A brief overview of tax for Charities. Most people ignore tax for Charities as they think they are outside the tax system. However, there some key tax issues that do have implications for charities. This includes a discussion around claiming gift aid.

This session is provided by Corporate Partnerships a project of Skills Exchange, and will be delivered by Carol Lewis of Bainbridge Lewis

There are only a couple of places left so book now to avoid disappointment. To book or find out more email training@cvsectorforum.org.uk or phone 01273 810230

Please note there is a nominal charge for attending this briefing

COURSE FEES:

CVSF members rate

Organisations Annual Income Under £200,000 – £10

Organisations Annual Income Over £200,000 – £20

Non-members rate

Organisations Annual Income Under £200,000 – £15

Organisations Annual Income Over £200,000 – £25

Some bursary places are available to groups in B & H with an income of <£25,000 pa

CVSF Briefing Sessions – Charity Finance for Trustee Boards

Are you a trustee?

Do you fully understand the financial information that you are given?

Do you know your responsibilities with regard to finance?

Community and Voluntary Sector Forum, in conjunction with the Corporate Partnerships Project at Skills Exchange, is running a briefing session on Charity Finances for Trustee Boards.

The session aims to give trustees a basic understanding of how charity finances should be run so that they can feel confident in their role as a trustee. The session will be delivered by Carol Lewis, Director at Bainbridge Lewis Chartered Accountants.

Points that will be covered:

  • Review of charity accounts. What the different terms mean and what the important figures are.
  • Good financial practices for Charities. What financial information you should expect as a trustee and how to interpret this information.
  • Funding applications and monitoring. Most charities are dependent on funding so they constantly have to apply for funding and report back to the funders on how their money has been spent.
  • A brief overview of tax for Charities. Most people ignore tax for Charities as they think they are outside the tax system. However, there some key tax issues that do have implications for charities. This includes a discussion around claiming gift aid.

Tuesday September 17th, 2013 6pm – 8pm. Venue to be confirmed

Cost: £10 – £25, a limited number of bursaries may be available for very small organisations.

For more information or to book a place contact info@cvsectorforum.org.uk or call 01273 810230

Money in Mind project still going strong

The latest update on the Money in Mind project shows that 285 small groups have been helped to manage their finances better since the project started in October 2009.

Money in Mind offers free one-to-one support to any small community group in Brighton & Hove, as well as a range of information sheets and two downloadable accounts systems, designed specifically to meet the needs of small groups.  The project also offers a free examination of accounts service for small groups, providing reassurance for group members and funders alike.

Money in Mind update: April 2013

See our April 2013 update for the latest news from the Money in Mind project.

Money in Mind provides free support to small groups in Brighton & Hove who need a hand with managing their money.  We can help set up a simple accounts system to suit the way you work, give training in book-keeping and budgeting, examine your accounts, provide written guidance and help you sort things out when they get in a muddle.

The project is a partnership between the Resource Centre and Impact Initiatives and is funded by the Big Lottery fund.  Since 2009, we have helped 275 local groups.