Consumables/office supplies
Consumables don’t need to be taken as stock or assets, as their value is usually low. These include cleaning materials, stationery, lightbulbs, and other replacement items.
View and download a diagram illustrating how such items are managed here.
Equipment
Items that are worth less than £1,000, not powered by electricity, do not incur maintenance costs, have a useful life of less than 3 years, and are not defined as assets by the donor who funded their purchase, are classified as equipment and should be tracked on a property register.
Furniture, unless items worth more than £1,000 should be included on the property register rather than on the asset register.
Stocks
For the management of stocks, refer to the Warehousing chapter.
Read the next section on Procuring assets here.
Related resources
Download useful tools and templates here
Download the full section here.
Assets
Assets, stock, equipment: definitions
Learn more in the Definition of an asset, Categories of assets and Items not to be managed as assets sections.
Asset procurement
Learn more in the Procuring assets section.
Asset management
Learn more in the Registering, tracking and reporting assets, and filing section
Asset donations
Learn more in the Asset donations section.
Asset disposal plans
Learn more in the Asset disposal section.
Assets ownership
Learn more in the Note on asset management and partnerships section.