2026-03-31-accounts

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THE MOSAIC COMMUNITY TRUST UK

Registered Charity

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31[ST] MARCH 2026

Charity number: 1113196

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THE MOSAIC COMMUNITY TRUST UK YEAR ENDED 31[ST] MARCH 2026

Registered Charity Number: 1113196

Principal address:

61A Warwick Avenue London W9 2PR

Trustees:

Rev. Mark Gifford – Chairperson – Ms Tandy Deane-Gray Vice Chairperson Mr Reza Reshad - Treasurer Ms Abena Boateng - Trustee Ms Hinda Abbou – Trustee Ms Christene Burgess – Trustee

Governing document:

The charity is operated under the rules of its Constitution.

Bankers:

HSBC Bank PLC 90 Baker Street London W1U 6AX

Independent Examiner and Accountant:

TACTS Accountant Chartered Certified Accountant 61 Fountains Crescent London, N14 6BD

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THE MOSAIC COMMUNITY TRUST UK YEAR ENDED 31[ST] MARCH 2026

FINANCIAL ACCOUNTS

4-6. Trustees Report

7. Independent Examiners Report

8. Statement of Financial Activities

9. Balance Sheet

10-14. Notes to the Accounts

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THE MOSAIC COMMUNITY TRUST Report of the Trustees For the year ended 31 March 2026

The Mosaic Community Trust’s (MCT’s) trustees are pleased to present their annual report and independently examined financial statements for the year ended 31st March 2026.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Governance, Structure and Management

The Mosaic Community Trust was registered as a charity on 7[th] March 2006. The charity is governed by its Constitution. The trustees are appointed or reappointed annually at the Annual General Meeting. Appointment and retirement of trustees is in accordance with the Articles of Association. The trustees give their time voluntarily and received no benefits from the charity.

The overall management of finance is the responsibility of all the Trustees acting on the recommendations of the Chairperson, the Treasurer and the CEO. The Trustees form the Management Committee who meets regularly to oversee the running of the organisation.

Charitable Objects:

The organisation ’s main charitable objects are to: -

Promote religious & racial harmony by the provision of multi-cultural and multi faith projects.
• Promote for the benefits of the public with a view to the preservation of public order, the provision of services for mediation and conciliation between people, organisations and groups who are involved in disputes or interpersonal conflicts where that dispute or conflict results from or may lead to acts of nuisance, vandalism, racial abuse or breach of the peace.
Promote for the benefit of people in the UK and Globally such objects as are now or may hereafter be deemed by law to be charitable in particular the advancement of education, the furtherance of health and the relief of poverty, distress and sickness.
Prevent or relief of poverty anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

Risk management

MCT ’s trustees have a risk management strategy which comprises:

● an annual review of the principal risks and uncertainties that the charity undertakes.

● the establishment of policies, systems and procedures to mitigate those risks identified in the annual review;

and

● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.

Financial Review

MCT ’s main funding sources are both restricted & unrestricted funding. This year we were successful in bringing in £201,988 (£124,277 in 2024-2025) (see note 14 & 15) from various sources (mainly grant funding) and has now a heathy unrestricted free reserve of £81,625, which the charity aims to continue spending on its charitable objects. This year MCT has ring-fenced £35,000 towards designated funds to cover financial risk (see note 19).

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Reserve’s policy and Going Concern

The Mosaic Community Trust UK is committed to maintaining a level of reserves that is sufficient to meet ongoing liabilities and all service delivery commitments, as well as ensuring the long-term future of the charity. The Mosaic Community Trust UK adopts a reserves policy that seeks to balance these priorities by holding a level of reserves sufficient to: Ensure the availability of sufficient working funds, provide a buffer in case of unexpected loss of income to ensure that services can be maintained and provide sufficient funds to allow the organisation to wind up while meeting its obligation to staff and service users should the organisation be forced to close. The Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level which ensures that MCT ’s core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.

Our community supporters’ Base :

The community we serve continues to be our primary support base. Our local community members – are actively engaged in planning and delivery of our services thus making our organisation a truly community- based and community-led one. The community feels both confident and secure that we represent their voices and enable them to participate in all the relevant community consultations which affect their lives. We have been extremely fortunate to have mobilised over 30 volunteers to participate in MCT’s strategic operations including community based participatory research in partnership with Imperial College. The strong support from our corporate partners such as Mount Anvil and Legal & General Health Equity Fund is greatly appreciated.

Independent Examiner

TACTS Accountant has appointed as the charity’s independent examiner during the year and has expressed their willingness to continue in that capacity.

Bankers

HSBC has been appointed as the Charity’s Bank.

Statement Trustees Responsibilities

Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases.

Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up. The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company.

Signed on behalf of the board,

SIGN

Mr Reza Reshad Trustees/Treasurer Date: 13/07/2026

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Independent examiner’s report to the trustees of The Mosaic Community Trust UK

I report on the accounts of the Trust for the year ended 31[st] March 2026 which are set out on pages 7 to 14.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date: 13/07/2026

S Toraub, FCCA, Chartered Certified Accountant TACTS Accountant, 61 Fountains Crescent, London, N14 6BD

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THE MOSAIC COMMUNITY TRUST UK	THE MOSAIC COMMUNITY TRUST UK	THE MOSAIC COMMUNITY TRUST UK	THE MOSAIC COMMUNITY TRUST UK	THE MOSAIC COMMUNITY TRUST UK	THE MOSAIC COMMUNITY TRUST UK	THE MOSAIC COMMUNITY TRUST UK
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR END 31 MARCH							2026
Notes INCOMING RESOURCES:- Incoming resources from generated funds: Donation (15) Investment Income (Bank Interest) Incoming resources from charitable activities Grants to provide charitable activities (14) TOTAL INCOMING RESOURCES RESOUCES EXPENDED Expenditure on charitable activities (16) TOTAL RESOUCES EXPENDED Net Incomings / (outgoings) resources Balances Brought Forward Balances Carried Forward	Unrestricted Funds £ 14,632 662 -		Designated Fund - - -		Restricted Total Total Funds Funds Funds 2026 2025 £ £ £ - 14,632 17,300 - 662 734 186,694 186,694 106,243

		15,294		-		186,694 201,988 124,277
		250		-		137,570 137,820 119,481
		250		-		137,570 137,820 119,481

		15,044		-		49,124 64,168 4,796

		66,581		35,000		29,970 131,551 126,755

		81,625		35,000		79,094 195,719 131,551

There were no recognised gains or losses for the above period other than those shown in the statement of financial activities for the above financial year. All incoming resources and resources expended are derived from continuing activities.

(The notes attached form part of these financial statements)

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THE MOSAIC COMMUNITY TRUST UK

BALANCE SHEET AS AT 31 MARCH	2026
Notes Fixed Assets Tangible assets (6) Current Assets: Debtors (11) Cash at Bank and In Hand Current Liabilities: Creditors: Amount falling due within one year: Accruals & Creditors (12) Net Current Assets Net Assets As Represented By Unrestricted Fund Restricted Fund (13) Designated Fund (19) Total Funds	£ 2026 18 - 220,352 24,651 195,701 195,719 81,625 79,094 35,000 195,719	£ 2025 22 15,510 130,664 14,645
		131,529

		131,551
		66,581 29,970 35,000
		131,551

The accounts were approved by the Trustees on 13th July 2026 and signed on their behalf by:

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SIGN
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Mr Reza Reshad Trustee/Treasurer

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THE MOSAIC COMMUNITY TRUST UK NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2026

1. Accounting basis.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). MCT meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Preparation of the accounts on a going concern basis

The Charity trustees are of the view that measures taken subsequent to the year-end to reduce operating costs and successful in applying for continuation funding have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern.

2. Cash Flow Statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.

3. Income

Income is recognised in the period to which it relates, unless specified otherwise by the funder. Project funding is, in general, repayable if not expended within the relevant project. Such income is only recognised to the extent that it ceases to be repayable. The income is accounted for on a receivable basis.

4. Resource Expended

Resources expended are included in the Statement of Financial Activities inclusive of VAT which cannot be recovered. Direct charitable expenditure include includes the direct costs of the activities. Where such costs relate to more than one functional cost category, they have been apportioned in line with the direct costs of the relevant service.

5. Taxation

MCT is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.

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6. Tangible fixed assets

Fixed assets are stated at cost less accumulated depreciation.

Depreciation is provided to write off the cost, of all fixed assets over their expected useful life as follows: -

Equipment - 20% reducing balance

At Cost Depreciation: At 1 April 2025 Charge for the year At 31st March 2026 NET BOOK VALUE At 31 March 2026 At 31 March 2025 7.Staff Costs	Equipment £ 976 954 4
	959
	18
	22

The organisation does not have staff on payroll for this year. 18 self-employed workers were hired in this financial year. 30 volunteers supported our organisation activities.

Trustees are not remunerated to stand for their position on the committee board.

8. Status

The Mosaic Community Trust UK is a registered charity.

9. Fund Accounting

Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.

10. Support Cost

Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 17.

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11. Debtors

Mount Anvil Community Events 2.Accrual and Creditors Professional fees Other Creditors	2026 £ - - - 2026 £ 685 23,966 24,651	2025 £ 14,010 1,500
		15,510
		2025 £ 585 14,060
		14,645

12. Accrual and Creditors

13. Analysis of Restricted Fund Balance

Funder Imperial College- Maternal Genomics Mount Anvil Hyde Park Place Estate Charity WCC - Edward Harvest Fund Portman Estate Foundation WCC- Healthy Hearts WCC- Community Solutions project National Lottery Fund Legal and General Equity Fund Restricted Fund Balance Carried Forward	Restricted balance @ 31st March 2026 Restricted balance @ 31st March 2025 £ £ - 20,000 2,933 - - 6,000 - 1,800 - 1,500 35,000 - 4,552 - 24,056 - 12,553 670 79,094 29,970

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14. Grant Receivable

Funder Project Portman Estate Foundation Supporting Women and Young Mothers Imperial College - Maternal Genomics Health literacy on maternal genomics National Lottery Fund Tackling and reducing health inequalities Hyde Park Place Estate Charity Art Therapy and improving Mental Health WCC - Edward Harvest Fund Holistic Health Services for 40+ Women Imperial College - REN3 Research Research on children Mental health WCC - Core Grant Staff Costs for effective running of charity Legal and General Equity Fund Reduce Health Inequalities Cardiff University (SIMCA) Research study on midwifery care continuity Mount Anvil Cost of living advice and support Imperial Health Care Charity Research Collaborations CCLH- NHS Health and Wellbeing support and surveys Young Westminster Fund Addressing Youth Crime Issues WCC- Healthy Hearts Improve Heart Health WCC - Healthy Communities Improve Health and Wellbeing WCC - Paddington Charities Mental Health and Wellbeing for mothers	2026 £ - - 44,194 - - - 14,850 25,000 1,275 10,381 2,442 3,800 19,000 35,000 27,252 3,500 186,694	2025 £ 6,500 20,000 - 6,000 1,800 3,800 14,850 - - 14,010 10,991 - 5,000 - 23,292 -
		106,243

15. Donation

Lalgra CAF Charity Bank The Faith and Belief Quaker Social Community Events Cardiff University L Choudary-Salter General Other	2026 £ - - 500 - - - 11,560 2,572 14,632	2025 £ 450 100 - 400 1,500 2,550 12,300 -
		17,300

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16. Expenditure on Charitable Activities

Charitable Expenses Program consultants and sessional workers Workshops and Drop-in Services Admin & Project Support Office & general running Expenses Venue Costs Communications, Publicity & Website Governance and Staff Welfare Insurance Depreciation Professional fees TOTAL RESOURCES EXPENDED		Unrestricted Funds £ - - - - - - 250 - - - 250	Restricted Funds £ 88,881 37,300 3,926 1,556 1,079 2,209 - 490 4 2,125 137,570	Total Total Funds Funds 2026 2025 £ £ 88,881 78,963 37,300 29,891 3,926 3,812 1,556 665 1,079 2,229 2,209 1,001 250 - 490 410 4 5 2,125 2,505

				137,820 119,481

17. Governance and Support cost

Professional fees Insurance Admin and Project support Governance & Staff Welfare Communications, Publicity & Websites Office and general running exp. Depreciation	General Support Governance Total £ £ £ 1,440 685 2,125 - 490 490 3,926 - 3,926 - 250 250 2,209 - 2,209 1,530 26 1,556 4 - 4
	9,110 1,451 10,561

18. Movement In Funds

At 1st April 2025 Surplus/Deficit for the year Transfers between funds At 31st March 2026	Unrestricted funds reserve Designated Fund £ £ 66,581 35,000 15,044 - - - 81,625 35,000	Restricted funds reserve £ 29,970 49,124 - 79,094	Total £ 131,551 64,168 -
			195,719

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19. Designated Funds

The trustees have earmarked funds for particular purposes and these designated funds are shown above for the following purpose: -

Management Team Structure fund is to provide for any shortfall in projects and any delayed payments from funders to maintain smooth cashflows.
Website, IT maintenance& marketing fund is to provide support for Mosaic's website development, provision for new IT equipment and publicity.
Fundraiser is to provide for professional and consultant engaged in fundraising strategy.
To cover for any unexpected financial organisational risk, such as any extraordinary event. E.g., the recent pandemic.
To implement a core functions department for the charity to help coordinate and manage all projects including an admin/finance officer to help with project monitoring & reporting and general administration of the charity.
Renting an office for core function which will require a deposit and proof of financial viability to potential landlord.

THE MOSAIC COMMUNITY TRUST UK

Registered Charity

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

THE MOSAIC COMMUNITY TRUST UK YEAR ENDED 31[ST] MARCH 2026

Registered Charity Number: 1113196

Principal address:

Trustees:

Governing document:

Bankers:

Independent Examiner and Accountant:

THE MOSAIC COMMUNITY TRUST UK YEAR ENDED 31[ST] MARCH 2026

FINANCIAL ACCOUNTS

CONTENTS

Pages

4-6. Trustees Report

10-14. Notes to the Accounts

THE MOSAIC COMMUNITY TRUST Report of the Trustees For the year ended 31 March 2026

Governance, Structure and Management

Charitable Objects:

Risk management

Financial Review

Reserve’s policy and Going Concern

Our community supporters’ Base :

Independent Examiner

Bankers

Statement Trustees Responsibilities

Independent examiner’s report to the trustees of The Mosaic Community Trust UK

Respective responsibilities of trustees and examiner

Basis of independent examiner's report

Independent examiner's statement

THE MOSAIC COMMUNITY TRUST UK

THE MOSAIC COMMUNITY TRUST UK NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2026

1. Accounting basis.

2. Cash Flow Statement

3. Income

4. Resource Expended

5. Taxation

6. Tangible fixed assets

8. Status

9. Fund Accounting

10. Support Cost

11. Debtors

12. Accrual and Creditors

13. Analysis of Restricted Fund Balance

14. Grant Receivable

15. Donation

16. Expenditure on Charitable Activities

17. Governance and Support cost

18. Movement In Funds

19. Designated Funds