2022-12-31-accounts

			Page
Charity information
Trustees' report
Independent examiners'		report
Statement offinancial	activities
Balance sheet			10
Notes to the accounts

(b)Analysis	ofGrants Awarded in 2022:
Total Amount Awarded:		8196,200
Average	Grant Amount:	F4,088
Number	ofProject Grants Awarded:	48
Number	ofEnsemble beneficiaries:	43

				Note	Unrestricted	Total	Total
					funds	funds	funds
					2022	2022	2021
							E
Income
Donations and	legacies				285,137	285,137	420,812
Other income					117	117	2
Total income					285,254	285,254	420,814
Expenditure
Raising funds					204	204	2,302
Charitable activities					217,865	217,865	234,400
General administration			costs		9,569	9,569	4,317
Governance costs					1,291	1,291	6,039
Total expenditure					228,929	228,929	247,058
Net income					56,325	56,325	173,756
Transfers between		funds
Net movement	in	funds			56,325	56,325	173,756
Reconciliation	offunds:
Total funds brought		forward			173,756	173,756
Total funds carried forward					230,081	230,081	173,756

Liabi%ties
Basic financial	liabilities	are initially			recognised	at transaction		price net of any transaction		costs and
subsequently	measured	at	amortised		cost determined		using the effective interest method.
Analysis of income									2022f	2021f
Donations and	legacies:
Donations from individuals,			trustees,		foundations	and	corporates		157,507	19,290
Gift Aid									7,630	25,967
Balance from	Maecenas-Continuo			sub-account		as at	7th May	2021		148,963
(see below)
Multi-year grants									120,000	100,000
									285,137	294,220

			2022	2021
			E
	Other income:
	Cashback		11
	Interest receivable		106
			117
3	Analysis ofexpenditure		2022	2021
				E
	Raising funds:
	Fundraising costs		204	2,302
			204	2,302
			2022	2021
			K
	Charitable activities:
	Grant making (see note 6)		217,865	234,400
	Continuo Connect digital hub expenses		21,665
			239,530	234,400
			2022f	2021
	General administration costs:
	Accounting advice		216
	Bank charges		467	92
	Travel expenses and monitoring	ofgrants	425	92
	PR Consulting		930	2,611
	Website, tech, social media and	admin	7,531	1,522
			9,353	4,317
			2022	2021
	Governance costs:
	Legal and membership fees		211	4,839
	Independent examiners fees		1,080	1,200
			1,291	6,039

5	Employees	Employees						2022	2021
								Number	Number
	Average	number	ofpersons	employed	by	the	charity

6	Grant making						2022	2021
	Grants - Round	1						126,200
	Grants - Music	at the Tower Award for Students						2,000
	Grants - Round	2						106,200
	Grants - Round	1 -	from	Maecenas-Continuo prior to the 7th May
	2021							23,000
	Grants - Round	3					96,500
	Grants - Round	4					99,700
							196,200	257,400
7	Debtors						2022	2021
	Maria Bjornson	Memorial		Fund	Grant		50,000	100,000
	Other grants debtor						80,000
	Gift Aid						7,630	4,828
							137,630	104,828
	Amounts due after		more	than one year included		above	25,000	50,000
	During the year	ending 31st December 2022 a				total off80,000 ofgrant	funding was awarded	but not
	yet paid to Continuo		Foundation		as at the December 2022 yearend.

8	Creditor	s:	amounts		falling due within one year			2022	2021
	Trade creditors							180	503
	Accruals Accruals	- -	Round 2 Round 4	grants awarded grants awarded		payments outstanding payments outstanding		74,100	72,300
	Accruals	-	Independent		examiners	fees		1,080	1,200
	Taxation	and social		security costs				1,253
								76,613	74,003
9	Funds					Fund balances			2021
						brought forward	Income	Expenditure
							E
	Unrestricted		funds:
	General unrestricted Designated funds			reserve		10,000 163,756	285,254	(228,929)	10,000 220,081
						173,756	285,254	~228, 929	230,081