Question 24 Tell us the postcode where the project will be located If your

Question 24 tell us the postcode where the project

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Question 24 : Tell us the postcode where the project will be located. If your project is not located at a specific postcode then tell us where it will be. For question 24c, you can find out if your project is in one of the following areas by reading these web pages: nitrate vulnerable zones - - nitrate-vulnerable-zones Site of Special Scientific Interest - - sites-of-special-scientific-interest catchment sensitive farming areas - - sensitive-farming-reduce-agricultural-water-pollution If your project covers multiple LAG areas, tell us in section d. Question 25: Please give us an overview of how much you expect the project will cost. We expect an estimate here, and not a highly detailed breakdown. You can’t add any more rows to the table. Please fill in the table, which is divided into 2 sections: Grant funded project costs (top section) – costs you want to use the grant for Non-grant project costs (bottom section) – other costs relating to the project but which you are not applying for grant funding for 1. ‘Type of cost’ column – tell us what the cost is for. Group similar costs under one heading. For example, group together all costs relating to building works, including materials and labour. 2. ‘Grant rate %’ column – tell us what percentage of those costs you would like the grant to cover. All the grants have a maximum percentage of eligible costs that they can cover. You need to read the section in the Local Action Group handbook for the priority you are applying for to see what this is. In most cases it the maximum intervention rate is 40% for projects that are intended to generate a surplus. 3. ‘Eligible project expenditure’ column – tell us the total amount of that cost. 4. ‘Date expenditure will be incurred’ column – tell us when you expect to have to pay that cost – select one of the options from the dropdown. Page 5 of 9
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Grant requested column The total ‘Grant requested’ column will automatically calculate. Check that these figures are correct, but please don’t try to type anything in that column. Your completed table should look something like this: The next section of the form will automatically be calculated for you. Don’t try to type anything into these boxes. However, please check that the ‘Total grant request’ figure is below the maximum you can get for this grant. This section will look like this: Minimum grant. Remember, the minimum grant is normally £2,500. It may be higher in some Local Action Group areas or for some priorities – check the handbook. Question 26: If you get a grant, will you also be claiming for VAT as part of the costs? If not, type ‘N/A’ in the box and go to question 27. If so, explain why. This is normally if your organisation is not VAT registered. Please note that at full application stage you will be expected to provide a letter from a suitably qualified independent accountant to confirm that you are not VAT registered or are making exempt supplies.
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