All organisations must keep records of their financial transactions and these records may be open to scrutiny by the Charity Commission (where the organisation is a registered charity) and/or HMRC.
This guidance offers some practical advice and suggestions on keeping records to help ensure that projects funded by European Structural funds can comply with the requirements of their funding.
Unpaid voluntary activity can be used as a source of in-kind match funding for projects receiving funding from the European Structural Fund programmes in Wales.
In addition to the European Structural and Investment Funds (ESIFs), Wales also has access to many other European funding programmes.
Soft outcomes are the results that projects achieve which cannot be measured in the same way as hard outcomes, such as qualifications or employment.
Community investment is a method of communities investing capital in business ventures whose purpose is for social and community benefit.
Community Asset Transfer (CAT) is the process by which public bodies transfer management control of their land, buildings and / or services to a community organisation.
his information sheet provides an introduction to the current round of European Structural and Investment Funds 2014-2020.
All costs relating to any activity funded by either ESF or ERDF must be eligible.
Projects cannot be totally funded with Structural Fund money.
European Union state aid rules are designed to regulate competition in order to maintain a level playing field in the European single market.
This information sheet is designed to give an overview of the main things that community building managers will need to consider with respect to running their building(s) on a day-to-day basis.