Note that with 3 months’ runway remaining, we are at a stage where a single medium-size funder can have an outsized impact. Our costs are ~£8k/month, so even buying a month or two runway would make a big difference in terms of giving us some breathing space to work on getting more money coming in. It’s also approximately continuously divisible in that every ~£265 will keep us going another day.
As things stand, we are getting close to the point where we will have to radically alter the nature of the project (i.e. start charging people/kicking them out if we can’t otherwise support them and their work).
Does the~£265 figure take into account rent from those who are paying it?
No, factoring in rent paid costs were ~25% less for Jan and Feb so far (although it’s hard to state a precise figure going forward with changes in occupancy etc).