Understanding capital vs non-capital costs
While the Trust’s programmes may allow non-capital costs, some capital costs – or both – it’s important to note that any costs we support must be related to a defined project. We cannot support ongoing revenue costs (sometimes described as ‘core costs’).
You can find information explaining the difference between capital and non-capital costs below.
Capital costs
Long-lasting, one-off items (things that become an asset)
Examples include:
- Building repairs or extensions
- Computers or IT infrastructure
- The purchase or alteration of land
- Fixtures, fittings, long-term equipment
- Professional fees (architects, surveys, feasibility studies)
Non-capital costs (revenue costs)
Day-to-day project expenses
Examples include:
- Salaries and sessional staff
- Travel and training
- Activities and events
- Consumables (e.g., small IT items not recorded as assets)
- Overheads such as utilities or rent
These are examples only and you should categorise each item as appropriate to your project and check the specific programme guidance for eligibility.
