Financial Planning

Date: Thursday 12th February

Hosts: Audrey Dunn, Claire Martin and Harry Whitmore, Churches Advisors, Community Ownership Support Service

Guest Speakers: Pamela Redpath, PRSEbiz, Social Enterprise Development and Training

This event is part of our New Futures Programme – Former Places of Worship event series. New Futures is a three-year programme (January 2025-December 2027) funded by National Lottery Heritage Fund, Historic Environment Scotland and Development Trusts Association Scotland to provide enhanced support to community groups considering taking on a former place of worship across Scotland. This programme was launched in direct response to the significant and unprecedented number of former places of worship which are due for disposal over the next several years.

Event description:

This workshop with Pamela Redpath will introduce the principles of budget setting, monitoring and effective financial management specifically relevant to community groups in the process of taking a former place of worship into community ownership. It will provide useful advice for communities to consider throughout the process and will give guidance on how to manage and plan finances at different stages of the process. This is an important topic to secure the long-term success of a community owned building.

Workshop content:

• Project and organisational budgeting
• Monitoring and reporting
• Full cost recovery
• Cashflow projections

What will I gain from this event?

• An understanding of what is required to manage your finances effectively within a community organisation
• Knowledge of why financial planning is important and how it is used long term

Who is this event for?

This workshop is open to individuals and community groups interested in taking former places of worship into community ownership.

Where is this event taking place?

This event is taking place online.

Do I have to pay to attend?

This is a free event.

For questions and enquiries, please email Louise Paterson, Churches Programme Officer at: louise@dtascot.org.uk

New Futures - Former Places of Worship is delivered by Community Ownership Support Service with funding from the National Lottery Heritage Fund and Historic Environment Scotland.