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6. Managing Finances

6. Managing Finances      
6.1 We have a Finance Policy and written procedures for handling and recording all our financial transactions.
6.2 Our accounts are independently examined/audited every year and reported to OSCR.
6.3 We agree an annual budget in advance of each financial year.
6.4 We have a petty cash system in place.
6.5 Our Board of Trustees receives regular finance reports.
6.6 We have a fundraising strategy in place. All our fundraising complies with the Code of Fundraising Practice.
6.7 We have the knowledge and skills to apply for funding and tender for contracts.
6.8 We build on our experiences and learn from failed applications.