||||Page|
|---|---|---|---|
|Charity<br>information||||
|Trustees'<br>report||||
|Independent<br>examiners'||report||
|Statement offinancial|activities|||
|Balance sheet|||10|
|Notes to the accounts||||





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









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|||||Note|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2022|2022|2021|
||||||||E|
|Income||||||||
|Donations<br>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<br>activities|||||217,865|217,865|234,400|
|General administration|||costs||9,569|9,569|4,317|
|Governance<br>costs|||||1,291|1,291|6,039|
|Total expenditure|||||228,929|228,929|247,058|
|Net income|||||56,325|56,325|173,756|
|Transfers<br>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|





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|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<br>of income|||||||||2022f|2021f|
|Donations<br>and|legacies:||||||||||
|Donations<br>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<br>grants|||||||||120,000|100,000|
||||||||||285,137|294,220|





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||||2022|2021|
|---|---|---|---|---|
||||E||
||Other income:||||
||Cashback||11||
||Interest receivable||106||
||||117||
|3|Analysis<br>ofexpenditure||2022|2021|
|||||E|
||Raising funds:||||
||Fundraising<br>costs||204|2,302|
||||204|2,302|
||||2022|2021|
||||K||
||Charitable<br>activities:||||
||Grant making (see note 6)||217,865|234,400|
||Continuo<br>Connect digital hub expenses||21,665||
||||239,530|234,400|
||||2022f|2021|
||General administration<br>costs:||||
||Accounting<br>advice||216||
||Bank charges||467|92|
||Travel expenses<br>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<br>costs:||||
||Legal and membership<br>fees||211|4,839|
||Independent<br>examiners fees||1,080|1,200|
||||1,291|6,039|



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





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|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<br>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<br>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<br>was awarded|but not|
||yet paid to Continuo||Foundation||as at the December 2022 yearend.||||



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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|8|Creditor|s:|amounts||falling due within one year|||2022|2021|
||Trade creditors|||||||180|503|
||Accruals <br>Accruals|- <br> -|Round 2 <br> Round 4|grants awarded<br> grants awarded||payments<br>outstanding<br>payments<br>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<br>unrestricted<br>Designated<br>funds|||reserve||10,000<br>163,756|285,254|(228,929)|10,000<br>220,081|
|||||||173,756|285,254|~228, 929|230,081|





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