bfunded - Social Enterprise - Full cost recovery

Full cost recovery means ensuring your organisation recovers the full cost of delivering a service or project.
‘In addition to the costs directly associated with the project, such as staff and equipment, projects will also draw on the rest of the organisation. For example, adequate finance, human resources, management, and IT systems, are also integral components of any project or service. The full cost of any project therefore includes an element of each type of overhead cost, which should be allocated on a comprehensive, robust, and defensible basis.’ www.fullcostrecovery.org.uk

Where can I get help with full cost recovery?

A full cost recovery toolkit is available to download from the ACEVO dedicated website, www.fullcostrecovery.org.uk

WYCAS also provide training on full cost recovery, see, http://www.wycas.org.uk/services/financialmanagement.htm

Other Help

Further help is available from local support organisations and agencies.