1. Creative and Media: Level 2 Higher Diploma Unit 6: Festival
Level 2 Higher Diploma Creative and MediaUnit 1: Scene
6.2.5 Budget A
Student Book
pp 186–95
Preparing a budget for your festival
1 What do you understand by the term ‘expenditure’?
Expenditure means money paid out, and amount spent.
2 List the areas of expenditure for your festival in the table below.
Required expenditure
• Bouncy castles
• Workshops
• Ambulance
• Nail and face painting artists
• Balloon creator
These were all hired.
3 What do you understand by the term ‘income’?
Income means the financial gain-what was earned.
4 Identify possible sources of income for your festival.
Possible sources of income
• We had a food sale so that was our income.
• We also sold popcorn.
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