LEWISHAM TENANTS FUND
Equipment Grant Policy
- The item claimed for should enhance and encourage greater tenant involvement
- Grants cannot normally be applied for after expenditure has been incurred.
- For items costing more then £300 please give details of 3 quotations. You do not need to buy the cheapest quote but please give a reason for not doing so.
- All items of expenditure over £250 should be insured. Please send confirmation of this with your application.
- Please advise LTF where the item will be kept.
- Copies of your Groups last audited accounts and proof of your current cash balance must be sent with your application. (Copy of bank statement or pass book).
- All applications will be acknowledged within 5 working days.
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Purpose of the grant |
To fund items of equipment to the value of £1,000.00. |
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Who can apply? |
Accredited Group’s with less than £1,000.00 in their account after planned expenditure. |
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How application is made |
Complete an Equipment Grant Application form. All applications must be agreed and minuted by the committee. |
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Maximum grant available |
£1,000.00 per item. |
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Insurance |
Any item purchased for more than £250 should be insured. |
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Receipts |
Grant must be spent within 3 calendar months or grant returned to LTF. Copies of receipts must be sent to LTF within 3 weeks, of purchase of goods or service. Any unspent grant money must be returned to LTF. |
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Decision made by |
Administrator Reports to Management Committee quarterly |
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Timescale |
Pay within 10 working days of decision or Write to group, giving reason for non payment within 10 working days of decision |
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Appeal |
Groups can appeal using LTF’s appeals procedure. |