1. Society Finances Catherine Ashton and Alison Johnston

2. What will you learn in this session? How you can apply for grant money and how it is spent The different forms of Society banking work How you can spend the membership money that comes in Why being a good Treasurer is important and the answers to your questions

3. Grant Allocation As a society you are entitled to Grant Money GRANT GAME

4. Society Grants Grant Application Form + Quotes for intended purchases +End of Year Report + Asset Form Deadline to email or hand in applications to the Societies Office The grant allocation will be decided by the incoming and outgoing VP Societies Emailed the amount you have been granted

5. Society Grants All Grant Money must be spent by the 11 th December! Grants will be looked at again in term 2

6. Claim forms Treasurer\Chair + claimant Bank details LSU website Helpdesk Collect form and receipts

7. Account Types ? External Internal

8. Auditing What is an Audit? What happens if you fail an Audit? What is the point of an Audit?

9. Key Rules A Society member cannot be a paid instructor All external instructors need to fill in a time sheet and will be paid by BACS or an invoice with a UTR Please do not directly pay invoices and claim them back in case there is a problem with the invoice

10. Top Tips for Managing your Accounts Keep things organised Put bank details online Keep receipts for everything Fill in the Red Book as you go

11. Any Question s? Exceptional Society Treasurer Good Society Treasurer Poor Society Treasurer