View source for Financials Fixed and Variable Outgoings


==Fixed Outgoings==

{| class="wikitable sortable"
|+ Monthly
|-
! Name !! Amount !! Notes
|-
| Rent F6 || style="text-align:right;"| £3,623.36 || This will go up each June. (2022-2023 £3.768.20, 2023-2024 £3,919.03)
|-
| Electric || style="text-align:right;"| £876.61 || Average from 6 months between Oct/19-Mar/20<br> Though the actually amount changes each month we always have to pay something, using the 6 month average from regular times is sensible for budgeting
|-
| Insurance || style="text-align:right;"| £119.35 || This will go up each February
|-
| Cleaning || style="text-align:right;"| £162.00 || 
|-
| Internet || style="text-align:right;"| £60.00 || Virgin Media
|-
| Network Servers & Backup || style="text-align:right;"| £64.00 || Varies a little each month due to USD exchange rate. Linode, Jungledisk, AWS
|-
| Water || style="text-align:right;"| £8.13 || Bill is actually for drainage not supply.<br>This will go up each February
|-
| Business Rates || style="text-align:right;"| £242.00 || This is an old figure form 2019, not yet sure what this will shake out to be in 2021-2022
|-
| Bank Service Charge || style="text-align:right;"| £5.00 || Cost of the TSB Account
|-
| BOC Gas || style="text-align:right;"| £33.30 || Rental on the two Gas cylinders
|-
| TV Licence || style="text-align:right;"| £40.64 || Included in `Trustees Misc`
|-
! Total !! £5,234.39 !! 
|}

{| class="wikitable sortable"
|+ Yearly
|-
! Name !! Amount Yearly !! Amount Monthly !! Expected Month !! Notes
|-
| LastPass || style="text-align:right;"| ~£560 || style="text-align:right;"| ~£46 || April || 
|-
| Trustee Slack || style="text-align:right;"| ~£458 || style="text-align:right;"| ~£38 || July || 
|-
| Companies House || style="text-align:right;"| £13 || style="text-align:right;"| ~£1 || September || Confirmation Statement
|-
| Accountant || style="text-align:right;"| £250 || style="text-align:right;"| ~£20 || October || End of year Accounts filling
|-
| Network DNS || style="text-align:right;"| ~£25 || style="text-align:right;"| ~£2 || February || 
|-
! Total !! £1306 !! £107 !! !!
|}


Given the above our expected minimum outgoing each month should be classed at '''~£5341'''<br>
This number can be treated as the amount we need each month as income from the Membership<br>
And for safe planing our bank balance should be at minimum 4 times this amount, so '''£21,364'''. If the balance falls below this we should immediately restrict extra spending and budge a recover plan to get us back into a safe margin

==Variable Outgoings==

Some things that should be expect to go out either each month or once a year, but with a very variable amount

Bank Service Charge for Cash deposits (~£5-10 Every few months)<br>
Stripe Payment Charges (Monthly)<br>
Zoom?<br>
Snackspace restock (Monthly)<br>
OPA Vote for elections (~£30 a year)<br>
AGM Venue hosting (~£250 a year)<br>
Network Domains (Some are yearly, some are two years)<br>


[[Category: Financials]]