Bank Statements for Grant Application: The Challenge
Grant applications often require evidence of financial health, cash flow, and how previous funding was spent — typically shown through bank statements.
How BankScan AI Helps with Grant Application
Convert your bank statements to clear spreadsheets that demonstrate financial health, spending patterns, and fund usage for grant applications.
How It Works
Upload your bank statement PDF
Supports all major banks. 3-12 months, depending on the funder; Arts Council and Innovate UK typically require 3 months, while National Lottery may require a full year of statements? No problem.
AI extracts every transaction
Our AI pulls out dates, descriptions, amounts, and balances — the Current unrestricted reserves, evidence of matched funding, you need.
Use for grant application
Download a clean Excel or CSV file formatted for grant application. Summary of reserves and cash position, with previous grant funds ring-fenced or traceable, demonstrating the organisation can manage public money responsibly
Supported Banks
BankScan AI works with all major UK and US banks, including:
Why BankScan AI for Grant Application
- Built for Grant Application — Convert your bank statements to clear spreadsheets that demonstrate financial health, spending patterns, and fund usage for grant applications.
- Key data extracted — Current unrestricted reserves, evidence of matched funding, previous grant expenditure trail, operational costs demonstrating going-concern viability
- Deadline ready — Grant rounds have fixed closing dates; applications without complete financial evidence are typically rejected outright rather than given extensions
Legal & Regulatory Context
Bank statements for grant application are typically required under: Charity Commission CC25 guidance on charity accounts; specific funder terms and conditions governing financial evidence requirements
- Typical timeframe: 3-12 months, depending on the funder; Arts Council and Innovate UK typically require 3 months, while National Lottery may require a full year
- Required by: Grant-making body (e.g. Arts Council England, Innovate UK, National Lottery, local authority, or charitable trust) as part of the eligibility and due diligence assessment
What Data You Need for Grant Application
When preparing bank statements for grant application, these are the key data points Grant-making body (e.g. Arts Council England, Innovate UK, National Lottery, local authority, or charitable trust) as part of the eligibility and due diligence assessment look for:
- Current — Current unrestricted reserves
- evidence — evidence of matched funding
- previous — previous grant expenditure trail
- operational — operational costs demonstrating going-concern viability
Formatting Your Statements for Grant Application
Getting bank statements right for grant application requires attention to specific formatting requirements:
- Summary of reserves and cash position, with previous grant funds ring-fenced or traceable, demonstrating the organisation can manage public money responsibly
- Deadline pressure: Grant rounds have fixed closing dates; applications without complete financial evidence are typically rejected outright rather than given extensions
Prepare Statements for Grant Application — Fast
Grant rounds have fixed closing dates; applications without complete financial evidence are typically rejected outright rather than given extensions
Convert for Grant Application — Free