Volunteer Time @ £30/hour (est.) £12,000 HT Legal fees (to date) £3,600 TOTAL £62,570* *SLF Stage One provided a grant of £25,000 for Pre-development phase. The balance was covered by TCDT’s own funds. Acquisition Costs ITEM COST Asset Acquisition £65,000 TCDT Legal Fees £22,000 (est. to completion) Accounting Fees £6,000 (est. to completion) Staff Costs (approx.) £6,000 Volunteer Time @ £30/hour £14,520 Development Officer – 2 Year Contract (incl. £55,200 employer’s costs) Development Officer – Recruitment & £5,000 Overheads TOTAL £173,720 Development Costs ITEM COST Priority Repairs & Maintenance (Immediate on £100,000 acqn.) Recommended Repairs & Maintenance (Medium £74,000 Term) Desirable Repairs & Maintenance (Long Term) £121,000 Lower Square £539,000 Net Total £834,000 VAT £166,800
Volunteer Time @ £30/hour (est.) £12,000 HT Legal fees (to date) £3,600 TOTAL £62,570* *SLF Stage One provided a grant of £25,000 for Pre-development phase. The balance was covered by TCDT’s own funds. Acquisition Costs ITEM COST Asset Acquisition £65,000 TCDT Legal Fees (est. to completion) £22,000 Accounting Fees (est. to completion) £6,000 Staff Costs (approx.) £6,000 Volunteer Time @ £30/hour £14,520 Development Officer – 2 Year Contract (incl. employer’s costs) £55,200 Development Officer – Recruitment & Overheads £5,000 TOTAL £173,720 Development Costs ITEM COST Priority Repairs & Maintenance (Immediate on acqn.) £100,000 Recommended Repairs & Maintenance (Medium Term) £74,000 Desirable Repairs & Maintenance (Long Term) £121,000 Lower Square £539,000 Net Total £834,000 VAT £166,800
Hynish-Business-Plan-final-SLF-17-09-25.docx