Budget

Current Monthly Budget

Rent	£3750
Electricity	£180
Internet	£21.97
Water	£21
Phone	£15.31
Reserve	£200
Components	£100
Total	£4288

Current number of members: 160 which works out as £26.80 per member per month in subscriptions

Water

We're currently being billed £21/month for both units (VAT exempt). This is a little high, I suspect we'll get it reduced soon.

Phone/Internet

(inc VAT)

Phone	£15.31
Internet	£21.97

Electricity

Our predicted electricity usage for the combined Units 23 and 24 is 1200kWh/month. Current offer on the table from EDF is 44p/day + 10.89p/kWh:

Standing charge	£0.44 * 30	£13.20
Cost/kWh	£0.1089 * 1200	£130.68
CCL	£0.0047 * 1200	£5.64
Total ex VAT		£149.52
VAT @ 20%		£29.90
Total		£179.42

Rent

For Units 23 and 24 combined:

Rent	£2,183.33
Service Charge	£941.02
Total ex VAT	£3,124.35
VAT @ 20%	£624.87
Total	£3,749.22