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##
|||||Page|
|---|---|---|---|---|
|Trustees' annual
report (incorporating||the|director's report)||
|Independent
examiner's
report|to the|trustees|||
|Statement
of financial
activities|(including||income and expenditure||
|account)||||12|
|Statement
of financial
position||||13|
|Statement
ofcash flows||||14|
|Notes to the annual
report and|financial||statements|15|
##
##
##
|Reference|and administrative
d|and administrative
d|and administrative
d|and administrative
d|etails|etails|||||
|---|---|---|---|---|---|---|---|---|---|---|
|Registered|charity name||||Mosaic Church|||Limited|||
|Charity registration|||number||1114508||||||
|Company|registration|||number|05524901||||||
|Principal office and|||registered||Mabgate
Mill|5|||||
|office|||||Ground
Floor||||||
||||||Mabgate
Mills||||||
||||||Leeds||||||
||||||LS9 7DZ||||||
|The trustees|||||Adrian
Byrne||||(Resigned|4October 2022)|
||||||Dr Raymond|Holt|||||
||||||Andrew Scopes||||||
||||||Joel Topham||||||
|Mosaic Charity Eldership Team|||||Matt Hatch||||||
||||||Dan Chadwick||||||
||||||David
Horsfall||(Resigned January||2022)||
|Bankers|||||HSBC Bank pic||||||
||||||62 Cross Gate||Centre||||
||||||Leeds||||||
||||||LS158EU||||||
||||||NatWest
Bank||pic||||
||||||1 Humber
Quays||||||
||||||Wallington
Street||||||
||||||Hull||||||
||||||HUl 2BN||||||
||||||Co-operative||Bank pic||||
||||||1 Balloon Street||||||
||||||Manchester||||||
||||||M60 4EP||||||
|Company|secretary||||AScopes||||||
|Independent||examiner|||Philip Holt FCA,|||FCIE|||
||||||High Park Farm||||||
||||||Kirkbymoorside||||||
||||||York||||||
||||||YO62 7HS||||||
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|Year ended 31 Dece|mber 20|22|||||
|---|---|---|---|---|---|---|
|||||2022||2021|
||||Unrestricted|Restricted|||
||||funds|funds|Total funds|Total funds|
|||Note|E,|E|E||
|Income and endowments
Donations and legacies
Charitable
activities||5
6|398,246
13,533|406,877
26,189|805,123
39,722|572,263
41,462|
|Total income|||411,779|433,066|844,845|613,725|
|Expenditure
Expenditure
on charitable|activities|7,8|430,062|244,825|674,887|565,149|
|Total expenditure|||430,062|244,825|674,887|565,149|
|Net income|||(18,283)|188,241|169,958|48,576|
|Transfers between
funds|||(9,259)|9,259|||
|Net movement
in funds|||(27,542)|197,500|169,958|48,576|
|Reconciliation
offunds
Total funds brought
forward|||415,868|220,680|636,548|587,972|
|Total funds carried forward|||388,326|418,180|806,506|636,548|
##
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##
|31 Decem|ber 2|022|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Note|||
|Fixed assets|||||||
|Tangible fixed assets||||16|315,599|324,806|
|Current assets|||||||
|Debtors||||17|17,056|16,420|
|Cash at bank and||in hand|||639,414|553,755|
||||||656,470|570,175|
|Creditors: amounts||falling due within one year||18|(45,804)|(28,587)|
|Net current|assets||||610,666|541,588|
|Total assets|less current||liabilities||926,265|866,394|
|Creditors: amounts||falling due after more than one year||19|(119,759)|(229,846)|
|Net assets|||||806,506|636,548|
|Funds of the|charity||||||
|Restricted
funds|||||418,180|220,680|
|Unrestricted|funds||||388,326|415,868|
|Total charity|funds|||22|806,506|636,548|
##
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##
|Mosaic Church
Limited
Company
Limited by Guarantee
Statement of Cash Flows|||||
|---|---|---|---|---|
|Year ended 31 December 2022|||||
||||2022|2021|
|||Note|||
|Cash generated
from operations||25|201,235|62,092|
|Interest paid|||(4,402)|(3,082)|
|Net cash from operating
activities|||196,833|59,010|
|Cash flows from investing
activities
Purchase oftangible assets|||(1,587)|(25,733)|
|Net cash used in investing
activities|||(1,587)|(25,733)|
|Cash flows from financing
activifies
Repayments
of borrowings|||(109,587)|(9,195)|
|Net cash used in financing
activities|||(109,587)|(9,195)|
|Net increase
in cash and cash equivalents
Cash and cash equivalents
at beginning|ofyear||85,659
553,755|24,082
529,673|
|Cash and cash equivalents
at end ofyear|||639,414|553,755|
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|Donations and leg|acies|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
|Donations||||||
|Individuals|||318,699|308,974|627,673|
|Limited companies
Gift Aid|||79,547|6,600
66,162|6,600
145,709|
|Gifts||||||
|St. Hild College
Vision Church||||1,300
500|1,300
500|
|Light Church
Catalyst Central CP Grant||||450
10,000|450
10,000|
|Grants||||||
|Grants receivable||||||
|SirGeorge Martin
Trust
Leeds Christian
Community||Trust||3,500
1,000|3,500
1,000|
|Catalyst
Network of Churches
The Cinnamon
Network||||2,998
2,000|2,998
2,000|
|The ASDA Foundation||||560|560|
|Benefact Trust Limited||||2,000|2,000|
|Voluntary
Action Leeds||||833|833|
||||398,246|406,877|805,123|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
||||||(restated)|
|Donations||||||
|Individuals|||325,787|154,195|479,982|
|Limited companies||||||
|Gift Aid|||70,316|19,265|89,581|
|Gifts||||||
|St. Hild College||||||
|Vision Church||||||
|Light Church||||||
|Catalyst Central CP Grant||||1,000|1,000|
|Grants||||||
|Grants receivable||||700|700|
|SirGeorge Martin|Trust|||||
|Leeds Christian
Community||Trust||||
|Catalyst
Network|of Churches|||1,000|1,000|
|The Cinnamon
Network||||||
|The ASDA Foundation||||||
|Benefact Trust Limited||||||
|Greenwich
Leisure Limited||||||
||||396,103|176,160|572,263|
##
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##
##
##
|Charitable
activities||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
||||E|
|Leeds School ofTheology
Activities and Projects|13,533|26,189|26,189
13,533|
|Other income||||
||13,533|26,189|39,722|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Leeds School of Theology||41,438|41,438|
|Activities and Projects||||
|Other Income|24||24|
||24|41,438|41,462|
##
##
|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|
|||||||E|
|Advance|Christianity|-Mosaic|Church|382,468|15,335|397,803|
|Advance|Christianity|-Oak Church|||102,609|102,609|
|Advance|Christianity|—Grace City Church|||28,651|28,651|
|Advance|Christianity|-Catalyst|Hub||33,342|33,342|
|Promote|Community|||4,685|6,437|11,122|
|Protect People
Advance
Education||||2,364|12,784
42,734|15,148
42,734|
|Support|costs|||40,545|2,933|43,478|
|||||430,062|244,825|674,887|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2021|
|||||||(restated)|
|||||R|||
|Advance|Christianity|-Mosaic|Church|299,177|18,093|317,270|
|Advance|Christianity|—Oak Church|||97,826|97,826|
|Advance|Christianity|-Grace City Church|||9,015|9,015|
|Advance|Christianity|-Catalyst|Hub||29,517|29,517|
|Promote|Community|||9,336||9,336|
|Protect People||||2,802|3,461|6,263|
|Advance|Education||||55,290|55,290|
|Support|costs|||37,563|3,069|40,632|
|||||348,878|216,271|565,149|
##
##
##
##
##
|Expenditure
on charitabl|e
activities by|activity type||||
|---|---|---|---|---|---|
||Activities|Grant||||
||undertaken|funding
of|Support|Total funds|Total fund|
||directly|activities|costs|2022|2021|
||||||(restated)|
|Advance
Christianity-
Mosaic Church|384,643|13,160|38,295|436,098|352,994|
|Advance
Christianity-
Oak Church|99,919|2,690|2,933|105,542|100,895|
|Advance
Christianity-
Grace City Church|27,651|1,000||28,651|9,015|
|Advance
Christianity—
Catalyst
Hub
Promote Community
Protect People
Advance
Education|33,342
7,992
12,918
42,734|3,130
2,230||33,342
11,122
15,148
42,734|29,517
9,336
6,263
55,290|
|Governance
costs|||2,250|2,250|1,839|
||609,199|22,210|43,478|674,887|565,149|
|Analysis of s|upport cost|s|||||
|---|---|---|---|---|---|---|
|||Mosaic||Governance|||
|||Church|Oak Church|costs|Total 2022|Total 2021|
||||||E||
|Premises||29,163|||29,163|23,252|
|General office||6,784|2,933||9,717|13,236|
|Independent
examination|fee|||2,250|2,250|1,839|
|Insurance||2,348|||2,348|2,305|
|||38,295|2,933|2,250|43,478|40,632|
##
##
##
|0.|Analysis
of grants||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||Grants to institutions||||||||
||Catalyst
Network of Churches
Elam Ministries||||||10,354
233|11,792|
||Transformation
Leeds|||||||240|
||Holbeck Foodbank||||||1,130|1,000|
||Kidz Klub Leeds||||||1,247|2,334|
||Home for Good||||||100||
||LASSN||||||125||
||UCCF||||||500||
||Leeds Faith in schools|||||||1,000|
||Open Doors UK
Zambia Project
UNreached
People Groups
Leeds Universities
Christian||Unions||||1,000
1,415
2,707
1,000|1,000
5,600
1,500
1,000|
||Tearfund
re Afghanistan
5loaves2Fish|||||||474
896|
||Local Mission||||||1,364|2,512|
||Indian Covid Appeal
Ukraine||||||875|1,000|
||||||||22,050|30,348|
||Grants to individuals||||||||
||Welfare (2022-2)
Covid-19 (2020 —2)||||||160|6,062
300|
||||||||160|6,362|
||Total grants||||||22,210|36,710|
||Net income||||||||
||Net income
is stated after||charging/(crediting):||||||
||||||||2022|2021|
||Depreciation
oftangible
Operating
lease rentals|fixed assets|||||10,794
17,210|7,175
15,013|
|12.|Independent
examination||fees||||||
||||||||2022|2021|
||Fees payable to the independent
Independent
examination
ofthe
Statements|||examiner
for:
Annual
Report and Financial|||2,250|1,839|
##
##
##
##
|The total staff costs an|d employee|benefits for the repor|ting
period are analysed
a|s follows:|
|---|---|---|---|---|
||||2022|2021|
|||||(restated)|
|||||R|
|Wages and salaries
Social security costs
Employer contributions|to pension|plans|400,501
30,551
17,879|345,513
27,310
17,073|
||||448,931|389,896|
|The average
head
number
of full-time|count of
equivalent|employees
employees|during
during|the year was 25
the year is analysed|(2021: 23). The average
as follows:
2022
2021|(2021: 23). The average
as follows:
2022
2021|
|---|---|---|---|---|---|---|
||||||No.|No.|
|Charitable
activities
Management
and|administration||||8
5|8
5|
||||||13|13|
##
##
##
##
##
##
##
##
|Tangible fixed assets|||||
|---|---|---|---|---|
||Freehold|Fixtures and|||
||property|fittings|Equipment|Total|
|Cost|||||
|At
1 January 2022
Additions|295,023|23,173|25,446
1,587|343,642
1,587|
|At 31 December 2022|295,023|23,173|27,033|345,229|
|Depreciation
At
1 January 2022
Charge for the year||3,494
5,427|15,342
5,367|18,836
10,794|
|At 31 December 2022||8,921|20,709|29,630|
|Carrying
amount
At 31 December 2022|295,023|14,252|6,324|315,599|
|At 31 December 2021|295,023|19,679|10,104|324,806|
|Debtors|||
|---|---|---|
||2022|2021|
|Prepayments
and accrued income
Rent recoverable|1,807
5,400|2,795
5,400|
|Gift Aid recoverable|9,849|8,225|
||17,056|16,420|
##
##
##
##
##
|17.|Debtors (continued)||||||
|---|---|---|---|---|---|---|
||The debtors above|include the|following|amounts|falling due after more than one|year:|
||||||2022|2021|
||||||5,400|5,400|
|18.|Creditors: amounts|falling due|within one|year|||
||||||2022|2021|
||Bank loans and overdrafts||||9,900|9,400|
||Accruals and deferred income||||35,904|11,543|
||Social security and|other taxes||||7,644|
||||||45,804|28,587|
|19.|Creditors: amounts|falling due|after more|than one|year||
||||||2022|2021|
||Bank loans and overdrafts||||119,759|129,846|
||Other long term concessionary||loan|||100,000|
||||||119,759|229,846|
##
##
|Deferred income||||
|---|---|---|---|
|||2022|2021|
|At
1 January 2022||4,460||
|Amount released|to income|(4,460)||
|Amount deferred|in year|16,740|4,460|
|At 31 December 2022||16,740|4,460|
##
##
##
##
##
##
##
##
|nresrc|e
||At ]
January
2022|Income|Expenditure|Transfers|At 31
December
2022|
|---|---|---|---|---|---|---|---|
||||||||R|
|General
Mosaic
Building
Church|funds
Projects
Fund
Planting|Fund|114,518
75,818
200,111
25 42]|393,898
17,504
377|(401,010)
(23,685)
(5,367)|3,169
(16,928)
4,500|110,575
52,709
195,121
29,921|
||||415,868|411,779|(430,062)|(9,259)|388,326|
||||At]
January
2021|Income|Expenditure|Transfers|At 31
December
2021|
|General
Mosaic
Building
Church|funds
Projects
Fund
Planting|Fund|F.
213,176
10,818
136,900
20,000|R
396,127|(347,089)
(1,789)|(147,696)
65,000
65,000
5,421|114,518
75,818
200,111
25,421|
||||380,894|396,127|(348,878)|(12,275)|415,868|
##
##
##
|Restricted funds|At
1||||At 31|
|---|---|---|---|---|---|
||January
2022|Income|Expenditure|Transfers|December
2022|
||R||R|R||
|Holbeck Fund
Job Club Fund|2,310
978|750|(3,060)||978|
|Leeds School of
Theology
The Oak Church|23,460
138,136|28,438
261,297|(42,733)
(104,571)|(6,084)|9,165
288,778|
|The Oak Church
Building||2,000|||2,000|
|The Oak - Healthy
Eating
Acorns Play Group
Our Catalyst
Hub Fund
COVID-19 Care Fund|110
18,941
8,893|3,560
19,955|(972)
(110)
(33,342)
(160)|10,893|2,588
16,447
8,733|
|Impact Fund||||||
|Turbocam
Donations||||||
|Fund
Grace City Church|625
27,227|6,600
24,034|(7,225)
(28,651)|4450|27,060|
|Newday Staycation||||||
|2021||||||
|New Frontiers
Ukraine
Mosaic Outreach||2,998
82,963|(2,998)
(21,003)||61,960|
|Mosaic Community
Kitchen||471|||471|
||220,680|433,066|(244,825)|9,259|418,180|
##
##
##
##
|Analysis of charitable
fund|s (continued)|||||
|---|---|---|---|---|---|
||At
1
January
2021|Income|Expenditure|Transfers|At 31
December
2021|
|Holbeck Fund
Job Club Fund|7,603
978||(5,293)||2,310
978|
|Leeds School of
Theology
The Oak Church|32,591
125,948|41,438
140,754|(53,394)
(100,896)|2,825
(27,670)|23,460
138,136|
|The Oak Church||||||
|Building||||||
|The Oak - Healthy||||||
|Eating
Acorns Play Group
Our Catalyst
Hub Fund
COVID-19 Care Fund
Impact Fund|110
14,419
12,234
64|23,600
120
1,700|(29,516)
(3,461)
(1,896)|10,438
132|110
18,941
8,893|
|Turbocam
Donations
Fund
Grace City Church|13,131|9,693|(12,506)
(9,016)|26,550|625
27,227|
|Newday Staycation
2021||293|(293)|||
|New Frontiers
Ukraine||||||
|Mosaic Outreach||||||
|Mosaic Community||||||
|Kitchen||||||
||207,078|217,598|(216,271)|12,275|220,680|
##
##
##
##
##
##
##
|Analysis of net ass|ets b|etween
funds||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2022|
||||R|R||
|Tangible fixed assets
Current assets
Creditors
less than
1 year
Creditors greater than
1 year|||18,094
389,396
(19,164)|297,505
267,074
(26,640)
(119,759)|315,599
656,470
(45,804)
(119,759)|
|Net assets|||388;326|418,180|806,506|
||||Unrestricted|Restricted|Total Funds|
||||Funds|Funds|2021|
|||||R||
|Tangible fixed assets
Current assets
Creditors
less than
1 year
Creditors greater than
1 year|||24,546
412443
(21,121)|300,260
157,732
(7,466)
(229,846)|324,806
570,175
(28,587)
(229,846)|
|Net assets|||415,868|220,680|636,548|
##
##
##
##
##
##
|Community,
protectin|g
Pe|ople and|advancing
Ed|ucation.||
|---|---|---|---|---|---|
||||2021|||
||||As previously
stated|2021
Restatement|2021
As restated|
|||||R||
|Mosaic Church||||317,270|317,270|
|Mosaic
—Sunday Venue Costs
Mosaic
—Other Gathering
costs|||16,175
25,202|(16,175)
(25,202)||
|Mosaic
—Staff costs|||242, 143|(242,143)||
|Mosaic - Training
Mosaic
—Grants and|Giving||3,664
23,703|(3,664)
(23,703)||
|Mosaic
—Projects
Oak Church|||29,517
15,591|(29,517)
82,235|97,826|
|Oak Church
—Leadership
Oak Church - Ministry|||256
4,391|(256)
(4,391)||
|Oak Church -Staff costs|||68,043|(68,043)||
|Oak Church
—Grants
Grace City Church
Catalyst
Hub
Promote Community
Protect people
Advance education|and|Giving|9,546
9,015|(9,546)
29,517
9,336
6,263
55,290|9,015
29,517
9,336
6,263
55,290|
|Leeds School ofTheology|||53,395|(53,395)||
|Holbeck|||5,720|(5,720)||
|COVID Care|||3,461|(3,461)||
|Impact course
Turbocam supported
Newday Staycation
Support costs|staff|costs|1,896
12,506
293
40,632|(1,896)
(12,506)
(293)|40,632|
||||564,149||565,149|
##
|Cash generated
from ope|rations|||
|---|---|---|---|
|||2022|2021|
|Net income||169,958|48,576|
|Adjustments
for:
Depreciation
oftangible
fixed assets
Interest payable and similar charges
Accrued expenses/(income)||10,794
4402
12,081|7,175
3,082
(1,884)|
|Changes
in:
Trade and other debtors||(636)|2,558|
|Trade and other creditors||4,636|2,585|
|||201,235|62,092|
##
##
##
##
||||||At|
|---|---|---|---|---|---|
|||At|1 Jan 2022|Cash flows|31 Dec 2022|
|||||R||
|Cash
Debt
Debt|at bank and in hand
due within one year
due after one year||553,755
(9,400)
(229,846)|85,659
(500)
110,087|639,414
(9,900)
(119,759)|
||||314,509|195,246|509,755|
##
|The total futur
fll|e
minimum
lease payments
un|der
non-cancellable
operating
ea|es|
|---|---|---|---|
|oows:||2022|2021|
||||R|
|Not later than|1 year|10,797|21,683|
##
##
##
##
|mparative
disclosur|es
for t|he statement|offinancial activity|||
|---|---|---|---|---|---|
|||||2021||
||||Unrestricted|Restricted||
||||funds|funds|Total funds|
|||||R||
|Income and endowments
Donations and legacies
Charitable
activities|||396,103
24|176,160
41,438|572,263
41,462|
|Other income||||||
|Total income|||396,127|217,598|613,725|
|Expenditure
Expenditure
on charitable||activities|348,878|216,271|565,149|
|Total expenditure|||348,878|216,271|565,149|
|Net income|||47,249|1,327|48,576|
|Transfers between|funds||(12,275)|12,275||
|Net movement
in funds|||34,974|13,602|48,576|
|Reconciliation
offunds
Total funds brought
forward|||380,894|207,078|587,972|
|Total funds carried|forward||415,868|220,680|636,548|