COMPANY REGISTRATION NUMBER: 05524901
CHARITY REGISTRATION NUMBER: 1114508
Mosaic Church Limited
Company Limited by Guarantee
Unaudited Annual Report and Financlal
statements
31 December 2024
HARRISON HOLT
Chartered Accountants
High Park Farm
Kirkbymoorside
York
Y062 7HS

Mosaic Church Limited
Company Limlted by Guarantee
Annual Report and Flnanclal Statements
Year ended 31 December 2024
Page
Tru5tees' annual report lincorporoting the director'5 reportl
Independent examiner's report to the trustees
Stalement ol finoncial octivith'es linclvding income and expenditure
account)
12
statement of financial position
13
Statement of cosh IIow5
14
Notes to the onnuol report ond finonciol statements
15

Mosaic Church Llmited
Company Limlted by Guarantee
Trustees. Annual Report (Incorporatlng the Dlrector's Report)
Year ended 31 December 2024
The trustees. who ore olso the directors lor the purposes of company law, present their report and
the unaudited Annuol Report and Financial Statements of the chority lor the year ended
31 December 2024.
Reference and admlnlstrallve detalls
Reglstered charfty name
Mosaic Church Limited
Charlty reglstrollon number
1114508
Compony reglstrollon number 05524901
Prlnclpal offlce and feglstered 54 Bradforcl Road
offlc•
Stanningley
Pudsey
L528 6EF
Thè trustees
Emmo Chaldecoti
Dr Raymond Holt
Andrew Scopes
Joel Tophom
Mosolc Charlty Eldershlp Team Matt Hatch
Dan Chadwick
Bankers
HSBC Bank plc. 62 Cross Gole Centre, Leeds. LSI 5 8EU
Notwesl Bank plc, l Humber Quay5, Wallinglon Street, Hvll, HUI
28N
Co-operative Bank plc.l Balloon Street. Manchester, M60 4EP
Kinodom Bank Ltd, Medio House. Podge Rd, Beeston,
Nollingham, NG9 2RS
CAF Bank, 25 Kings Hill Ave. King5 Hill, West Malling. ME19 4JQ
Company secretary
A Scopes
Independent exomlner
Phillp Holt FCA, FCIE
High Park Form
Kirkbymoor5ide
York
YO62 7HS

Mosaic Church Limited
Company Llmited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector'5 Report) {conHnued)
Year ended 31 December 2024
MOSAIC CHURCH
Senlor Leodershlp team
Matt Hotch
Don Chodwick
Rich Bradlev
Honnah Peor50n
Foye Simmons
Tom Eaton
Matt Jones (non slaffl
lan Walker (non stofll
South Gatherlng's Chlldren
Worker
Emily Swingler
North Central Gatherlng's
Children Worker
Ellie Tee
Youth Worker
Emily Swngler
CAP Debt centre manager
Helen 8ollon (Until December 20241
Holbeck Oufreoch worker
Matty Warden (Until August 20241
Web stte
wfvw.mosoic-church.or
.uk
THE OAK
Senlor Leadershlp team
Eleo Dery
Grahom French (non 5toffl
Don Kinsley (non 5taffl
Andrew Ryland |r)on staff I
Matt Urolin (non stoffl (Unlil October 20241
Koty Lucas (non stoffl (Until December 20241
Chlldren's Famlly
worker
Lucy Munton
Church and Bulldings
Adminlstralor
Ai Bowstead
Mlsslonal Soclal Actlon
Lead
Will Munton
Comrnunlty Outreach Lead
Jack Carter (Until August 20241
Web $lte
www.theookchurch.c

Mosaic Church Limited
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {¢onlinuedJ
Year ended 31 December 2024
GRACE CITY
Church Plant Leaders
Chris Moson
Liso Ma50n
Web slte
rac
.co.uk
LIVING HOPE
Church Plant Leaders
Jock Carter
Mez Carter
Web slte
www.livin
ho
echurch.uk
LEEDS SCHOOL OF THEOLOGY
Dlrector
David Horsfall
Support Staff
Theo Sheridan-watts
Web slte
￿￿.Leed5-sch0o1- f-t
eolo
OUR CATALYST HUB
Leadershlp team
Matt Hotch
Chri5 Mason
Abi Flavell
John Flavell
Andy Bramall IFrom Januory 20241
Dan Chodwick (From January 20241

Mosaic Church Limited
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) (conllnuèdj
Year ended 31 December 2024
structvre, governonce and management
Legal Status
Mosoic Church Limited was incorporated os a compony (company number 055249011 on 2nd
August 2005 and became a registered Charity on 2nd June 2006 Ichority number 11145081. The
Chority's legol status is Mat ol a Company Limited by Guarontee ond is governed by the Company's
Articles of Associotion.
Governing document
Memorondum ond Arlicles of Association incorporoted 2nd August 2005 as amended by 5peciol
resolution doted 191h January 2006.
The methods adopted lor the recrullmenl and appolntment of new trustees
The Charity 15 governed by the Board of Trustee5. Boord vacancies are deolt with on a skills need
bosis. The Elders nominole potential condidates ond the Boord submits advice to the Elders ofter a
triol period. Finol confirmation is voled by the Eldership Team os sole Members of the Charity.
Appointments may be terminated by the Elder5 Ot any time dvring an individuol trustee'5 term.
The pollcles ond procedures adopted lor the Inductlon and tralnlng of trustees
Access lo an information folder 15 given to oll new trustees which includes informotion obout the
Charity. ils vision and purpose and copies of policie5. It includes the Memorandum ond Articles ol
Association ond principles of good governance. It includes a description of the legal responsibilities
of o trustee.
The organlsatlonal structure of the Charfty and how declslons are made
The trvstees meet regvlody to manage the Church's affairs. Meeting5 ore minuted and records kept
indefinitely.
The charity is divided into six major Mlnlstry Unlts: Mosaic Church. The Oak Church. Grace City
Church plant. Living Hope Church Plant. Leeds School of Theology and Our Cotolyst Hub. These
Minislry Units of the Charity are monoged on o doy-by-day bosis by the stolf teams and many
volunteer personnel from the church congregations. Eoch Ministy Unit has a leadership team that
oversees and carries the primary responsibility for the unit. reporting to the trustees directly and vio
Ihe Operolions Teom. Each Unit plans, budgets and manoges its finances individually and presents
them to the trustees lor approval. The Ministry Units and leadership teoms are as follows:
Mosaic Church
The Ook Church
Grace City
Living Hope
Leeds School of Theology
Our Colalyst Hub
- Elders supported by Senior Leodership Teom
- Senior Leadership Team
Plant Leaders
Plant Leoders
Director and support stoff
Leadership Team
The Irustee5 of the Chaiity Ilisled on Page I I, who ore also directors of the company, ensure
compliance with the churity's obligation under compony ond charity law and setlmonitor the
solories and the contracllworking conditions of Ihe employees.

Mosaic Church Llmited
Company Llmited by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (continued)
Year ended 31 December 2024
structvre, governance and management (eonllnued)
Bu$lness Relallonshlps
The Trustees have had regard to the need to foster busin855 relationships wth Suppliers. customers
and others.
Rlsk Management
The Iruslees regularly exomine the major strategic, business and operational risks which the charity
laces ond confirm that systems hove been established and regular reports produced to miligate
Ihe5e risks.
Reserves Pollcy
The Articles of Association outhorise the Trustees to make any investments they consider appropriate
and to roise money with or without the security of the Trust Property. It is the policy of the Truslees to
maintain unrestricted funds ot a level to ensure that all monagement and adminislrolive costs can
be met for a reasonoble period of time. Accordingly, the Trustees have determined to generally
hold reserves representing belween three and six months, management ond administrative costs
lor eoch ministry unit. In total this approximates to £180,000 to £360,000. The Mosaic Church
proportion ol this is £1 00,000 to £200.000 ond this is held in the Unrestricted General Fund. At 31
December 2024. the balance on that fund was £269,93912023.' £202,446). For the other ministry unit5
this forms part of their respective restricted or designated ILJnds ond is reviewed by the trvstees
periodically. Eoch ministry unit holds sufficient reserves to comply with the reserves policy.
Trustees Indemnlty Insurance
There is no trustee indemnity insurance in ploce at the lime of thi5 report.
Oblecllves and actlvlffes
To odvonce Christianity in occordance wth the slatemenl of Faith contairned in the Appendix
of Ihe Memorandum of Association in Leeds ond in such other part5 of the United Kingdom or
the World as the trustees moy from lime to time think fit.
To promote ond fulfil such other charilable purposes beneficial to the community in Leeds
ond in such other parts ol the Uniled Kingdom or the Wortd as the trustee5 may from thme to
time think fit.
To relieve aged persons ond persons in conditions of need, hordship, sickne55 or di5tre5s arising
there from whether in connection with housing or accommodation or shelter or ony other
purpose (whether by way of loon gift the provision of occommodolion or sheller or in any
other way) in Leeds and in such other parts of the United Kingdom orthe Wortd as the Iruslees
may from lime to time think fil.
dl
To odvance educolion whether of children (above or below compulsory school age) or of
adults.

Mosaic Church Llmited
Company Llmlted by Guarantee
Trustees, Annual Report {Incorporatlng the Dlrector's Report) (Con￿nued}
Year ended 31 December 2024
Objectlves and octfvitles (contlnued)
Prlmary Actlvllles
The choritable company exists primarily os o ne￿Ork of chvrches and related ministries. os part of
the New Fronliers network. It carries out typical activities of o Chiistian Church e.g. public worship.
teaching & troining. proyer, projects ol o choritoble nature, the extension of the Christian faith in
Leeds and beyond, Ihe spirituol and proctical support of other Christian churches ond its own
congregation.
Publlc Benefll
The Trustees confirm that thay hove paid due regard lo the Charities Commission guidonce on
public benefit when reviewing the Chority's purpose and vision ond in deciding which activities Ihe
Chority should undertake.
The Charity have engaged in services to the homeless., provision of counsel to Ihose in need., and
has worked with externol agenci8s lor the development of communitie5 in the Holbeck area and
city as a whole. The Chorily actively serves other churches acr055 the North of England ond h05
worked with many other churches across Leeds and the UK. We have directly suppor18d charitable
Works in Leeds, Turkey, Lebanon, Egypt, New Zeolond ond Zambia.
Grant mgklng F)ollcy
The Truslees ensure that ony crilerio applied by Ihem to determine the eligibility ol gront recipients
and to ensure compliance with the Chorily's objects and the public benelil. are reasonable,
justifiable ond proportionote.
With all grant applications received from individuo15, It is parl of the chorify's grant making
procedure lo ensure thot the purposes to which the grants are utilised are..
choritoble ot law, ond
fulfil the public benefit réquirements.
Volunteers
The Charily hos over 450 octive volunleers ond the Trustees are immensely grateful for their
commitment to see how they support the charity in giving time, effort and support to all the causes
we are involved in.

M05alc Church Limited
Company Limlted by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) (conlnued)
Year ended 31 December 2024
Achlevements and performance
Mos
ic Church
All three gatherings have flourished in 2024. North Central has grown ils Sundoy ottendonce by
(Jround IO%. Overall membership has risen from 604 people to 646 people. We continue to become
more diverse. with mony different nationalities joining the church ond becoming involved in serving.
mission gTOUPS ond leading. Ten people became Christian5 and we celebrated around 12 boplisms
ocross the gotherings.
We've delivered our 'Encounler' theme over the year. This included one preaching series. monthly
Encounter nights, and a locus on Sunday ministry times
We've continued to troin ond invest in people and leaders. We ran two successful leadership
mornings, a Disciple-making course, a preaching course and a Disciple-making movements course.
The Objectives primarily met by Mosoic Church ore Advancing Christianity. Promote Community,
Relief of poverty and Education by our regular Sunday serrfice5. bigger events and supporling
missionarie5 ond churche5 around the world. This tokes the form ol financial and volunteer support
to mission agencie5 ond smoll groups stepping out in mission octivilies in their communities.
The Oak
The Oak Church hos continued to outwork ils objectives through Sunday church services and mid-
week groups in Ihe community. including Proyer & worship, leodership development, a cofe for
community connection and warm space, a parent ond pre-school children group, visiling the
elderty, a youth clvb and a junior school age club, an Easter event and Christmas events. There
have bèen regvlor Alpho courses to help those exploring the Christian foilh and projects to provide
food and fun opportunities lor some of the fomilies in the areo most in need. Other initiotives hove
included doily bible study encovragement and giving into the work of the Cotalyst family of
churches, supporting the Newday youth and Cotolyst festiva15. along with exploring opportunities
lor international mi55ion through ovr connections in Indio. It hos been a joy to See people come lo
faith and gel baplised.
During 2024 0 major project was to plan for and establish o new church plant into Eosl Leeds, led
by a team from The Oak. and supported by the church. exponding the reach ol the church into
other communities in the city. The beginnings of this project hove been successful and we are
hopeful for growth as we heod into 2025.
Looking forward to 2025, much of this work will continue as we seek to reach out to the communitie5
around us with the love of Jesus.
The Objeclives primorily met by the Ook are Advancing Christianity, Promote Community, Relief of
poverty ond Education by our regular Sunday services. bigger events and supporting missionaries
ond churches around the world.

Mosaic Church Limlted
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Dlrector's Report) {¢onllnued)
Year ended 31 December 2024
Achlevements and performonce (conlinued)
Grace
Grace City, launched in Autumn 2021, continue5 to sepie communilies locally through simple ocls
of service to make disciples in their own neighbourhoods. The team troin and coach others in the
UK and overseas in making disciples who make disciples.
The Objeclives primarily met by Grace City are Advar)cing Christianity and Promote Community.
Livin
Living Hope Church wos launched in September 2024 ond has a vision to love God, His Church and
the people of East Leeds. Since lounching the Church we have been establishing our values and
culture. Thi5 hos included being a visible presence in the area, loving the people of East Leeds and
being bold ond intentionol in telling people oboul Jesus.
The Objectives primorily met by Living Hope are Advcncing Christianity ond Promote Community
School of Th olo
LSOT
In 2024, alongside our usvol courses, we ran three svccessful one-doy conferences and o short
course on discipleship. These brought in Some odditional income alongside another satisfactory
recruitment for Ihe Nighlschool course. These extro conferences helped roised the profile ot the
School to polenliol new students. Fincjncially, the result ol these extra ollerings and the Nightschool
recruilment mean we ended 2024 with o smoll surplus which brought our reserve balance up to o
level which would cover three mornlhs. iunning costs. This 15 o good position for us to be in after o
few years ol finoncial instability. Looking ahead to 2025, the hope is that we would hove onother
sotisloctory round of recruilment to our various courses and we would run some more one day
conferences 10 Supplement our income.
The Objective primorily met by Leeds School of Theology is Educotion by its multiple course5.
Our Catcfl st Hub
The Catalyst Hubs vision is supporting and growing churches in the network and encouraging church
planting. Matt Hatch continued lo support chvrch leaders in the UK and beyond, ond was able to
travel to New Zeolond to encourage the churches there in a period of transition.
Ourannuol Love:Nations conferencew05 held ond encouroged many to developa heort forglobal
and local mission.
The Objeclive5 primorily met by ovr Cotalyst Hub is advancing Chris*ionity.
eralion
am
The core functions of all ministry vnits are supported centrally by cn operations team which consists
of Gayle Goldsmith 05 Operations Mor)ager responsible for HR, Policy & Compliance and Helen
Bolton as Finonce Monoger. Both ore assisted by Poula Riess and Rhione Hor5foll who cover
Administration ond Events.

Mosaic Church Limited
Company Limlted by Guarantee
Trustees, Annual Report (Incorporatlng the Director'5 Report) {¢onllnued)
Year ended 31 December 2024
Flnanclal revlew
Results
The results for the year and the Chority's financial position at the end ol the year are shown in the
attoched financiol statements.
Revlew of Flnanclal Actlvltles
Income lor the general running ol the Charity during the period continues to come primarily from
donotions of members and other privote individuals. Income to general funds increased by around
10.61.. Income to restricted fund5 reduced by 2.1% moinly due to some time-limiled outreach
projects coming lo an end.
Expendilvre from the generol fund relates to the nomal running costs inclvding= solories and
expenses of the employees. venue hire. training, support costs and office. Costs during the yeor
were well controlled.
The overall result wos a significant surplus on general funds before transfers to other funds, and o
deficit on restricted funds, mainly due to the planned spending of occumulated reserves on special
outreach Projects which had been funded by special offerings in prior years.
The Charity makes a practice ol giving to other choritoble bodies whose aims ore consistent with
the Charity's Objectives in the Memorondum of Association. Donations are a150 made to individuol5,
including, but not restricted to participants of the church (this is normally in c05es of hordshipl. All
such giving is consistent wilh the Memorandum of A550ciation. Charitoble giving is one of the largest
items of expenditure ofter salaries ond venue hire.
Transacllons and Flnanclal poslllon
Voluntary income. including Gift Aid where appropriote. for the year amounted to £698,72712023-
£692,890), with gifts of £10.50012023 - £11 ,9281 and grant funding totolling £20,95312023 - £4,150).
Choritoble activities including training odmi55ions ond education generated £63.874 12023
£40,677). Investment income from bank deposits generated £19,921 12023 - £11.7081 Total income
lor the Charity wos 2024- £813.97512023- £761,353).
The totol expendilure on choritable act￿vIlIeS amounted to £718,130 12023 £705,476) wth
governonce cost5 01 £2,61012023- £2.4801.
The totol fixed assets ol the charity omounted to £304,28412023- £308,160). The totol reserves at the
yeor end slond ot £953,13812023- £859,903).
Slgnlllcant events that hove affected flnanclal performance and flnanclal posmon durlng Ihe perlod
There were no Significant event5 that influenced Ihis year's financial performance.
Prlnclpal lundlng sources und how they support key objectlves
The Charity's principal funding source is its members giving to our work, 05 o direct expression of their
commitment lo our objectives

Mosalc Church Llmited
Company Llmlted by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (conHnued)
Year ended 31 December 2024
Plans lor future perlods
Our main focus continue5 to be Christion mission, community support ond church planting in Leeds.
the UK and over5ea5. In 2025. we will focus on encouraging encounler5 wilh God, conlinue lo look
at ways lo grow our galherings, encourage a biblical approach to giving, educale through LSOT
ond reach people through our many outreach programmes.
Small company provlslons
This report has been prepared in accordance with the provisions applicable to companies entitled
to the small companie5 exemption.
The Irustees, annual report was approved on 23 April 2025 and signed on behalf of the board of
Iruslees by:
Andrew Scopes
Tnjstee
io

Mosaic Church Limited
Company Llmlted by Guarantee
Independent Examiner's Report to the Trustees of Mosalc Church Limiled
Year ended 31 December 2024
I report to Ihe trustees on my examinath'on of the Annuol Report and Finoncial Statements of Mosoic
Church Limited I'the chority'l for the yeor ended 31 December 2024.
Responslbllltles and bas1$ of report
As the trustee5 of the company lond also it5 directors for the purposes of compony lawl you ore
responsible lor the preparotion ol the Annuol Report and Financial Stotements in accordonce with
the requirement5 of the Componies Act 20061'the 2006 Act'i.
Hoving sat151ied myself thot Ihe occounts of the company are not required to be oudited under Part
16 of the 2006 Act and ore eligible for independent examinafion, I report in respect of my
examinalion of the chority's accoLJnts as carried out under section 145 of the Chorities Act 2011
I'the 2011 Act'l. In catrying out my examination I hove followed the Directions given by the Charity
Commission under section 1451Sllbl of the 2011 Act.
Independent examlner's statement
Since the chority's gross income exceeded £250,000 your exominer must be a member of a body
listed in section 145 of the 2011 Act. I confirm Ihol l am qualified lo undertoke the examinothon
because l am a member of the Institute of Chortered Accountants in England and Woles IICAEWI,
which is one of the listed bodie5.
I hove completed my examinalion. I confirm that no motters have come to my attention in
connection wilh the exominoh'on giving me couse to believe:
accounling record5 were not kept in respect ol the charity as required by section 386 of
the 2006 Act- or
the Annual Report ond Financial Stotements do not occord with those record5', or
the Annual Report and Financial Statements do not comply with the occounting
requirements of Section 396 of the 2(K)6 Act othef than any requirement that the accounts
give a 'true ond fair. view which is not o matter considered os part of on independent
examinotion.. or
the Annual Report and Financial Statements hove not been prepared in occordonce
Wtth the methods ond principles of the Slotement of Recommended Proclice for
accounting ond reporting by chorilies opplicable to chorities preparing their accounts in
occordance with the Financial Reporting Standard applicable in the UK ond Republic of
Ireland IFRS 1021.
I have no concerns and have come across no olher matters in connection with the exomir)ation to
which attention should be drawn in this report in order to enable a proper understonding of the
ac
unts to be rea
hed.
Philip Holt FCA, FCIE
Independent Examiner
High Pork Farm
Kirkbymoorside
York
Y062 7HS

Mosaic Church Llmited
Company Llmlted by Guarantee
statement of Flnanclal Actlvltles
(Includlng Income and expendlture account)
Year ended 31 December 2024
2024
Restricted
funds
2023
Unre5tricled
funds
Total funds Total funds
Note
Income and endowments
Donations ond legacies
Charitable octivities
Investment income
519,491
60.969
16,202
210.688
2,905
3,719
730.179
63.874
19.921
708.968
40.677
11.708
Tolol Income
596.602
217,312
813,974
761.353
Expendltur•
Expenditure on charitable octivilies
Total expendltvre
481,509
239,230
720.739
707,956
481.509
239,230
720,739
707.956
Net Incomo
115.153
121,9181
93.235
53,397
Transfers between funds
129,8311
29.831
Net movement In funds
85.322
7.913
93,235
53,397
Reconclllatlon ol Ivnds
Total funds brought forward
Tolal tunds Carrled forward
457,787
402,116
859.903
806.506
543.109
410.029
953.138
859,903
The Statement of financial activities Includes oll gains and losse5 recognised in Ihe year.
All income and expenditure derive from continuing aclivitie5.
The notes on pages 15 to 33 form part ol these Annual Report and Flnanclal Slotements.
12

Mosalc Church Limlled
Company Umlted by Guarantee
Slatement of Flnanclal Positlon
31 December 2024
2024
2023
Note
Flxed assets
Tangible fixed ossels
17
304.284
308.160
Current assels
Debtors
Cash at bonk and in hond
18
23,731
762.626
14,937
681,837
786,357
696.774
Credltors: amount5 lalllng due wlthln one year
Nel current assets
136,1981
750,159
134,3961
662,378
Total assels less current Ilabllttles
1,054.443
970,538
Credltors: amounts lalllng due after more thon one year
Nel ossels
20
1101.3051
953,138
(110.6351
859,903
Funds oflhe charlty
Restricled funds
Unrestricted funds
410.029
543,109
402.116
457.787
Total charfty funds
23
953.138
859,903
For the year ending 31 December 2024 th& chorily was entitled to exemption from audil under
5eclion 477 of the Companies Act 2006 reloling to small companies.
Directors, responsibilities..
The members have not required the company to obtoin on audit of ils Annual Report and
Financial Statements for Ihe year in question in accordonce wilh section 476;
The directors acknO￿edge their responsibilities for complying with Ihe requirements of the Act
with respect to accounling records and the preparation of Annual Report and Financial
Slatemenls.
These Annual Report and Financiol Stalemenls have been prepared in accordonce with the
provisions applicable to companies subject to the small componies. regime.
These Annual Report and Financial Statements were approved by the board ot trustees and
authorised for issue on 23 April 2025. and are signed on behalf of the boord by:
Andrew Scopes
Truslee
The noles on pages 15 to 33 lorm part ol these Annual Report ond Flnanclal Statements.
13

Mosaic Church Limited
Company Llmited by Guarantee
Slatement of Cosh Flows
Year ended 31 December 2024
2024
2023
Note
25
Cosh generated from operations
83,777
50,21
Interest paid
Interest received
18.3281
19,?21
8,1911
11,708
Net cash from operating activities
95,370
53.728
Cash flows from Inve$tlng acllvltles
Purchase of tangible asset5
Net cosh used in investing activities
15,2511
15,2511
12,1811
Cosh flows from Ilnanclng ocllvltles
Repayments of borrowings
Net cash used in finoncing oclivities
19.3301
19.3301
19.1241
19.1241
Nel Increase In cash and cosh equlvalenls
Cash and cash equlvolenls al beglnnlng of year
Cash and cash equlvalent$ at end of year
80,789
681.837
42,423
639,414
762,626
681.837
The notes on pages 15 10 33 form port of Ihese Annual Report and Flnanclal Stalements.
14

Mosaic Church Limited
Company Llmited by Guarantee
Notes to Ihe Annual Report and Financlal Statements
Year ended 31 December 2024
General Informatlon
The charity is a public benefit entity and o private company limitèd by guafantee. registered
in Englond and Wole5 and o registered chority in Englond and Wales. The address ol the
regislered office is 54 Brodford Rood, Stanningley, Puds8y, L528 6EF.
statement of compllanee
The linonciol statements have bèèn prepared in occordance with Accounling ond Reporting
by Charities.. Stotement of Recommended Proctice opplicoble to chorities preparing their
occoun15 in occordance wilh the Finonciol Reporting Slondord opplicoble in the UK and
Republic of Ireland issued in October 2019, the Financial Reporting Standard opplicable in the
United Kingdom ond Republic of Ireland IFRS 1021, the Chorilies Act 201 l. Ihe Companies Act
2006 and UK Generally Accepled Accounting Proctice.
Mosoic Church Limited constitutes a public benefit entity as defined by FRS 102.
The significonl occounling policies applied In the preparation of these financial slotement5 ore
Set out below. These policies have been consistently applied to all years presented unless
otherwise stoled.
Accountlng pollcles
Basls of preparatlon
The linonciol slotements have been prepared on the historicol cost bosis.
The linonciol stotements are prepared in sterling, which is the functional currency of the entity
and rounded to the nearest £1.
Golng concern
The financial statements have been prepored on a going concern basis os the trustees believe
that no moteriol unceftaintie5 exist. The trustees hove considered the level of funds held ond
the expected level of income ond expenditure for 12 month5 from oulhorising these linonciol
statements. The budgeted income and expernditure 15 Sufficient with the level of reserves lor
the chorily to b8 able to continue as a going concem.
Judgements and key sour¢es of estlmatlon uncertalnty
The preporolion of Ihe financial statemen15 requires monagemenl to moke judgements.
eslimoles and a55umptions Ihat oflecl the amounls reported. These estimates and judgements
are continuolly reviewed ond are based on experience and other factors. including
expectations of lulure evenls that ore believed to be reasonable under the circumstonces.
Accounting estimates ond assumph'ons are made concerning the future and, by their nature,
will rorely equal the reloled actual outcome. There ore no key assumptions and other sources
of estimotion uncerlointy thot hove a signilicont risk ol causing a malerial adjustment to the
corying amounts of assets and liabilities within the next financial year.
15

Mosalc Church Llmlted
Company Limlted by Guarantee
Notes to Ihe Annual Report and Flnanclal Statements (¢onllnued)
Year ended 31 December 2024
Accounllng pollcles (conllnuedj
Income tax
M0501c Church Limited is on exempt charily within the meaning of schedule 3 of the Charities
Act 2011 and is considered to POS5 the tests set out in Parogroph I Schedule 6 Finance Act
2010 ond therefore it meets the definition of a charitable compony for UK corporation tax
purposes.
Fund occounllng
Unrestricted funds are ovoilable for use at Ihe discrelion ol the tru5tee5 lo further any of the
chority'5 purposes.
Designated funds are unrestricted funds earmarked by the tfustees for particular futvre projects
or commitments.
Restricted funds ore subjected to restrictions on their expenditure declared by the donor or
through the terms of orn oppeol. ond fall into one of two sub-classes.. restricted income funds
or endowment fvnds. The Charity does not have any Endowment Funds.
Incomlng resources
All incoming resources are included in Ihe stotement of financial activities when entitlement
has passed to the charity,. it is probable that the economic benefit5 associated with the
transaction will flow to the chorily ond the omount con be reliably meosured. The followng
specific policies ore applied to particular cotegories of income..
income from donations or gronts is recogni5ed when there is evidonce of entitlement lo
the gift, receipt is proboble and it5 amount con be meosured reliobly.
legacy income is recogni5ed when receipt is probable and entillement is established.
income from donoled goods is measured ot the fair volve of the goods unless this is
improcticol to measure reliably, in which case the value is derived from the cost to the
donor or Ihe estimoted resale value. Donoted focililies ond services are recognised in the
account5 when received if the volue can be reliobly measured. No amounts are included
for the contribution of general volunteers.
ncome from contracts for the supply ol seNices is recognised with the delivery ot the
controcted Service. This is classified os unrestricted funds unless there is a controctvol
requiremenl for it to be spent on a porticular purpose and returned if unspent. in which
case it moy be regarded 05 restricted.
16

Mosaic Church Llmited
Company Llmited by Guarantee
Notes to the Annual Report and Flnancial Statements (continuedj
Year ended 31 December 2024
AccovnHng pollcles (conllnued)
Resource$ expended
Expenditure is recogni5ed on an occruals bosis as a liability is incurred. Expenditure includes
ony VAT which cannot be fully recovered. and is clcssifsed under headings of the statemenl of
financial actt"vities to which it relates..
expendilure on raising fund5 include5 the costs ol all fundroi5ing octivithe5, events, non-
charitoble troding activities, and the sale ol donated goods.
expenditure on choritoble activities includes all cosls incurred by a chority in undertaking
activitie5 that further its charitable aims for the benefit of its beneficiories, including those
5UPPOrt costs and costs relating to the governance of the charity opporlioned to
charilable oclivities.
other expenditure includes all expenditure thot is neilher reloted to raising funds for the
charity nor part of its oxpenditure on choritable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct cosls
ottributable to a single activity are ollocated directly to that activily. Shored costs ore
apportioned between the oclivities they contribute to on a reasonoble, jusliliable ond
consistent bosis.
Operatlng leases
Lease payment5 ore recognised as on expense over the lease term on o stroighl-line basis. The
oggregote benefil of lease incentives is recognised as a reduction lo expense over the lease
term, on o slroight-line b05I5.
Tangible 055ets
Tangible assets are initiolly recorded at cost, and subsequenlly stated at cost less ony
accumuloted depreciation and impairment losses. Any tongible a55et5 carried ot revalued
amounts are recorded at the foir value at the dote of revalualion le55 ony subsequent
accumuloted depreciotion and svbsequenl occumulated impoirment1055es.
An increose in the corying amount of on asset os a result of o revaluotion. is recognised in
other recogni5ed gains and losses. unless it reverses a charge for impoirment thot hos previously
been recognised os expendilvre Mrithin the stotement of financial activities. A decrease in
the corying amount ol on asset os o result of revaluolion. is recognised in other recognised
gain5 and losses. except to which it offset5 any previous revalvotion gain, in which case the
loss is shown within other recognised gains and losses on the statement ol financiol activities.
Depreciotion
Depreciotion is calculaled 50 OS to write off the c05t or valuotion of an asset. less its residual
value, over the useful economic life of thot asset os follows:
Fixtures and fittings
Equipment
20% or 25% straight line
33% straight line
17

Mosaic Church Llmlted
Company Llmlted by Guarantee
Notes to the Annual Report and Flnonclal Statements (conllnued)
Year ended 31 December 2024
Accountlng pollcles (conllnued)
Impalrmenl ol flxed assets
A review for indicotors of impairment is corried oul at each reporting date, with the
recovwoble amount being estimated where such indicators exist. Where the carying value
exceeds the recoveroble amount, the asset is impaired accordingly. Prior impairments ore also
reviewed for possible reversal ot eoch reporting date.
For the purposes ol impairment testing. when it is not possible to estimate the recoverable
omount of an individuol 05sel, on estimate is made of the recoverable amovnt of Ihe cosh-
generating unil to which the asset belongs. The cosh-generating vnit is the smallest idenlifioble
group of assets that includes the asset and generotes cash inflows that largely independent of
the cash inflows from other 055ets or groups ol assels.
For impairment testing of goodwll. the goodwill acquired in o business combinotion is. from the
acquisition dote, allocoted to each of the cash-generotir)g units thot are expected to benefit
from Ihe synergies of the combinolion, irrespective of whether other assets or liobilitie5 of the
charity are assigned lo those units.
Debtors and credltors recelvable I poyable wlthln one year
Debtors and creditors wlh no slated interest rate and receivoble or payable within one year
are recorded ot transoc*ion price. Any losses arising from impoiment are recognised in
expenditure.
Loans and borrowlngs
Loon5 ond bo￿o￿ng5 are initially recognised al the tronsaction price includirlg transaction
costs. Subsequently, they are measured at omortised cost using the effective interest rate
method, less impoirment. If on arrangement consth'tute5 a finance transaclion it is measured at
present value.
18

Mosalc Church Limited
Company Limlted by Guarantee
Notes to the Annual Report and Flnanclal Statements {conllnu•d)
Year ended 31 December 2024
Accounllng pollcles (conllnvedj
Flnanclal Instruments
The Chority only has financial assels and financiol liabilities of a kind that qualify os basic
financial instruments.
A financial asset or a financiol licbility is recognised only when the entity becomes a party lo
the contractual provisions of the instrument.
Basic financiol in51rumenls are initially recognised at Ihe amount receivable or payable
including ony related transaction costs. unless the orrangement con5li1ules o financing
transoclion, where it is recognised at the present value of the future poyments discounted at
o market rate of interest for o similor debt inslrument.
Current assets and current liabilities are subsequently measvred at the cash or other
considerotion expected to be poid or recèived ond not discounted.
Debt instruments ore 5ubsequen*ly measured ot arnortised cost.
Finoncial ossets thol are me05ured at cost or amorti5ed c05t are revlewed for objective
evidence of impairment at the end of each reportir)g date. If there is objective evidence ol
impoirment. an impairmenl loss is recognised under the appropriate heading in the stotement
of finonciol activities in which the initiol gain was recognised.
Defined contribvllon plans
Contributions to defined contribution plons are recognised os an expense in the period in
which the related service is provided. Prepaid contribulions are recognised os an asset to the
exlent that the prepayment will leod to o reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of Ihe
reporting dote in which the employees render the reloted service. the liability is measured on
a discounted present volue b0515. The unwinding of the discount is recogni5ed os on expense
n the period in which it orises.
Llmlled by guaranteo
Mosaic Church Limited is a charitable company limited by guorantee and occordingly does
not have o share copital. The Eldership Team are the sole members ol the company limited by
guarantee.
Every member of the company Undertakes to contribute such amount as moy be required not
exceeding £1 to the 055ets of the company in the event of its being wound up while he or She
is a member. or within one year after he or sh6 ceases to be a member.
19

Mosalc Church Limited
Company Llmlted by Guarantee
Notes to the Annual Report and Flnanclal Statements (¢onrfnuedJ
Year ended 31 December 2024
Donatlons and legacles
Unrestricted
Fvnds
Restricled Total Punds
Funds
2024
Donallons
Individuals
Other churches
Limited companies
Gift Aid
407.178
3,460
140,210
24,940
547,388
28,400
93.426
29,512
122.938
Glfts
st. Hild College
Catalyst Central CP Grant
The Journey Church
5,000
5,500
5.5
Grants
Leeds Christian Community Trust
The ASDA Foundation
Benefoct Trusf Limited
Pudsey Community Project
The Liz and Terry Bromall Foundation
The Community Fund
Governmenl Employment Allowances
750
750
1.203
3,573
1.203
19.000
15.427
519,491
210,688
730.179
Unrestricted
Fund5
Restricted Total Fund5
Funds
2023
Donaffons
Individuals
other churches
Limited componies
Gift Aid
391.449
148.818
18,600
3,500
33.987
540,267
18.600
3.500
130.523
96,536
Gifts
St. Hild College
Catalyst Centrol CP Granl
The Journey Church
550
550
11,378
11,378
Grants
Leed5 Christian Community Trust
The ASDA Foundation
Benefact Trusl Limited
Pudsey Community Project
The Liz and Tery 8romall Foundation
The Community Fund
Government Employment Allowances
I.OCK)
400
750
750
2,000
488,535
220,433
708,968
20

Mosaic Church Llmlted
Company Llmlted by Guarantee
Noles to the Annual Report and Flnancial Statements (conHnued)
Year ended 31 December 2024
Charltable actlvltles
Unrestricted
Funds
Restricted Total Fvnds
Funds
2024
Leed5 School of Theology
Activitie5 and Projects
44,728
16.241
44.728
19,146
2,905
60.969
2,905
63.874
Unrestricted
Funds
Restricted Totol Funds
Fund5
2023
Leeds School of Theology
Activilies and Projects
36,624
4,053
36,624
4.053
40.677
40,677
Investment Income
Unrestricted
Fvnds
Restricted Total Funds
Funds
2024
Interest eorned on bonk deposils
16,202
3.719
19,921
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Interest earned on bank deposits
10.057
1.651
11,708
21

Mosalc Church Limited
Company Llmlted by Guarantee
Notes to the Annual Report and Flnonclal Statement5 (conllnued)
Year ended 31 December 2024
Expendlture on charltable o¢tlvllles by fund type
Unreslricted
Funds
Restricled Total Funds
Furnds
2024
Advance Christianity- Mosoic Church
Advance Chri5tionity- Ook Church
Advance chris1ionity- Groce City ChLJrch
Advance Chri5tionify- Catalyst Hub
Advance Chrish'anity- Livin9 Hope Church
Promote Commvnity
Protect People
Advance Educotion
Support Costs
425.301
16.876
135,877
8.816
43,577
7,746
6,619
16,100
442,177
135,877
8.816
43,577
7,746
8,445
22,402
35,105
16.594
1,826
6,302
35.105
12,97S
3,619
481,509
239.230
720,739
Unrestiicted
Funds
Re5tricled Totol Funds
Funds
2023
Advance Christianity- Mosaic Church
Advance Christianity- Ook Church
Advance Christianity- Groce City Church
Advance Christianity- Catalysl Hub
Advance Christionity- Living Hope Church
Promole Community
Protect People
Advance Education
Support costs
365,366
19,129
130,712
21.385
37.908
384,495
130,712
21,385
37.908
2.968
9,098
42,435
39.563
9.596
27,073
12,564
36.171
42.435
42.286
2.723
459,430
248,526
707,956
22

Mosaic Church Llmlted
Company Llmlted by Guarantee
Notes to the Annual Report and Flnanclal Statements (conllnued)
Year ended 31 December 2024
Expendlture on charltable acllvltles by acttvlty type
Activities
undertaken
directly
Gront
funding of
activities
Support Total funds
costs
2024
Totol fvnd
2023
Advonce Christionily-
Mosaic Church
Advance Chri5tionily -
Ook Church
Advance ChristianSty-
Grace City Church
Advance Christianity-
Cotalyst Hub
Advance Christionily-
Living Hope Church
Promote Community
Protect People
Advance Education
Governance costs
425,238
16.938
10,365
452,541
421.581
131,756
4.121
2,494
138,371
133,433
8,486
330
336
9.152
21,384
43,577
43,577
37,907
7,746
6,620
10,650
35,105
789
8,535
8,447
22,402
35,105
2.610
1,827
11,752
12,564
36,171
42.436
2,480
2,610
669,178
34,968
16,594
720,740
707.956
10. Anoly$lJ ol support costs
LSvlng
Grace
Hope Govern
City Mosoic
Ook Church
ance
Chvrch Church Church
Plant
costs Total 2024 Total 2023
Premises
General olllce
Independent
examination lee
Insurcnce
Office moving costs
18,180
12,561
336
8.082
2,494
789
11,701
2,610
2,610
2,283
2.480
2,316
6,749
2.283
336 10,365
2,494
789
2.610
16.594
42.286
23

Mosaic Church Llmlted
Company Llmlted by Guarantee
Notes to the Annual Report and Flnancial Statements (¢onllnL•ed)
Year ended 31 December 2024
l l. Analysls of grants
2024
2023
Grants to In5titutlons
Caloly5t Nefv/ork of Churches
Holbeck Foodbank
Kidz Klub Leeds
LASSN
Leeds Faith in schoo15
Open Doors UK
Zambia Project
Unreached People Groups
Leeds Universities Christian Unions
Locol Mission
Newdoy
Valencio Flood Victims
13,044
1,200
2,495
12,484
1.100
1,100
79
500
1,100
1,576
4.41JO
500
4,283
3,000
550
1.200
700
4,576
1.000
3,644
1,109
29.518
30,122
Gronls to IndSvldua15
50 Welfore grants
3 Hardship grants
4.160
1,290
3.172
1.050
5,450
4.222
Tolol gronts
34.968
34,344
12. Net Income
Net income is stated ofter charging/lcreditingl.'
2024
2023
Depreciation of tangible lixed assets
Operating leose rentals
9,127
9.620
12.336
13. Independent examlnatlon fees
2024
2023
Fees payable to the independenl examiner for.
Independent examinotion of the Annual Report and Financial
Slotements
2,610
2,480
24

Mosalc Church Limlted
Company Llmlted by Guarantee
Notes to the Annual Report and Flnanclal Statements fconttnutd)
Year ended 31 December 2024
14. staff cO￿S
The lolal stolf costs ond &mployee benefits lor the reporting period ore analysed as follows:
2024
2023
Wages ond salorie5
Sociol security costs
Employer contributions to pension plon5
412,775
30,375
20,336
403.790
30,380
20,010
463,486
454,180
The averoge heod count of employee5 during the yeorwas 2212023.. 231. The avefoge number
ol lull-lime equivalent employees during the year is anolysed as lollow5'.
2024
2023
No.
No.
Charitoble activities
Monogement and odministrotion
13
No employee received employee benefits of more than £60.000 during the year12023: NIII,
K•y Managernent P•rsonn•l
Key management personnel include all persons that hove authofify and responsibility for
planning, directing and controlling the oclivities ol the charlty. The totol compensotion paid to
key monogement personnel lor servlces providéd to the chorfly wos £145,61912023'. £145,5011.
15. Trustee remuntrallon and expenses
During the current and previous year, no remuneration oroth6r benefits from employment wlh
the charity or a reloled entity were received by the trustees.
During the current and previous year, no reimbursed expenses were paid to any trustees by
the Charity or any related onlity.
25

Mosalc Church Limited
Company Llmlted by Guarantee
Notes to the Annual Report and Flnanclal Statements (eonllnued)
Year ended 31 December 2024
16. TrOn￿eT$ between lunds
During the year. the Trustees mode tronslers between funds as follow5..
£15,000 from General Unrestricted funds to the Designoled building funds to continue
building up a fund for a potential building purchase.
£5,617 from General Unrestricted funds to the Designated Mosaic projects funds, to
5UPPOrt ongoing events ond projects.
£1,000 from General Unrestricted funds to the Designated Church planting fund5, 10
5UPPOrt future new churches in the UK and overseas.
£15,925 from General Unrestricted funds to Restricted Our Cotalyst Hub to 5UPPOrt Iheir
work.
£3,780 from Restricted Oak Church funds to Generol Unrestricted funds to support
administration cost5.
£16,900 from Generol Unrestricted funds to Restricted Oak Church funds lo contribute lo
running c051s of Ihe building hosting Ihe Mosaic offices.
£410 from Restricted Grace City Church to Restricted Our Catalyst Hub to support their
work.
£4.104 from Reslricted Ook Church to Restricted Our Catalysl Hub to support their work.
£214 from Restricted hardship relief fund to Designated projecls fund to subsidise o
parlicipanl al on event
£I.000 from General Fund5 to Restricted Community Kitchen fund to support the work
feeding people in south Leeds.
£100 from the Restricted Our Calalyst Hub to Restricted Oak Church for the use of The
Ook building for an evenl.
£14.000 from the Reslricted Oak Church funds to Living Hope Church Planl to SUPPOrt the
first year or two's running costs of Ihis new church plant.
£5.954 from the Restricted Qur Catalyst Hub to ￿VIng Hope Church Plont lo support the
first year or two's running costs of this new church plant.
£978 from the Restricted Job Club Restricted Outreach to support CAP clients in need.
17. Tonglble flxed assets
Freehold Fixtures and
property
fittlngs
Equipment
Tolal
C05t
At l Januory 2024
Additions
295,023
25,354
27,033
5,251
347.410
5,251
At 31 December 2024
295,023
25,354
32.284
352,661
Depreclatlon
At l Januory 2024
Charge for Ihe year
At 31 December 2024
14.724
5,743
24,526
3.384
39,250
9,127
20,467
27.910
48.377
Carylng amount
At 31 December 2024
295.023
4.887
4,374
304.284
At 31 December 2023
295,023
10.630
2,507
308,160
26

Mosalc Church Limited
Company Limlted by Guarantee
Notes to the Annual Report and Flnancial Statements (¢onttnuedJ
Year ended 31 December 2024
18. Debtors
2024
2023
Prepoyments and accrved income
Gift Aid recoverable
12,739
10,992
1,651
13.286
23,731
14,937
19. Credltors: amounts falllng dve wTthln one year
2024
2023
Bonk loon5 and overdrofts
Accrua15 ond deferred income
9,900
26,298
9,900
24,496
36,198
34,396
20. Credltors: amounts falllng due after more than one year
2024
2023
Bank loon5 ond overdrafts
101.305
110,635
In June 2015, the Chorfty arronged a loan with Nalwost PIC for£185.000. Thi5 loan is secured on
the Land & Building al 54 Bradford Road. Pudsey. LS28 6EF. During 2023 the Trustee5
renegotiated the terms of this loon and it is now repoyable on o copilal and interest bosss over
0 20-year period. The interest rote 15 2.04% above 8ose Rate, and the loon wll moture in JL*ne
2035. As at 31 December 2024, the balance outstanding amounted to £1 11,205.
21. Deferred Income
2024
2023
At l January 2024
Amount released lo income
Amounl deferred in yeor
At 31 December 2024
13.910
113,9101
15,180
16,740
116,7401
13,910
15,180
13.910
Deferred income arises on Thèology School income for COL•rses running in 202512023- course
in 20241.
22. Pen$lons and other posl rellr•ment benefits
Dèfined contrlbulSon plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plan5 was £20.33612023'. £20.0101.
27

Mosaic Church Llmited
Company Llmlted by Guarantee
Notes to the Annual Report and Financlal Statements (conHnved)
Year ended 31 December 2024
23. Analy￿5 of charftable lunds
Unrestrlcted funds
Ati
Jonuary
2024
A131
December
2024
Income Expenditure
Transfer5
General funds
Mosaic Project5
Building Fund
Church Planting Fund
Leeds School ol
Theology
202.446
9,565
210,318
31.555
533,614
18.320
1414,4591
124,0581
16.2831
12,0001
151,6621
5,831
15.000
269,939
9.658
219.035
30,555
3.903
44.728
134,7091
1481,5091
13,922
457.787
596,662
129,8311
543.109
At I
Januory
2023
At31
December
2023
Income Expenditure
Transfers
General funds
Mosaic Project5
Building Fund
Church Planting Fund
Leeds School of
Theology
110,575
52,709
195.121
29,921
495,631
6,464
1401,3941
19,7971
15.8031
12.3661
139,8111
21.000
1.634
202,446
9.565
210.318
31.555
37.174
142,4361
1459,4301
9,165
3.903
388.326
539.269
110,3781
457,787
Mosalc Projects Fund - the monie5 in this fund relate to income forspecific projec15 and events
orgonised and overseen by M05aic Irother than general income). Any surplus is held to support
future projecls.
Bulldlng Fund - the money in this fund relates lo designated gitt5 to be used in future for
investments in buildings.
Church Plantlng Fund- the transfers to thi5 fund, of money from our regular giving, are soved lo
support church planls that arise in the future.
Leeds School of Theology- Income generated by Ihe Theology School is held in a designatèd
fund to SUPPOrt salaries and ongoing course cost5.
The designoted funds are wholly represented by the Chority's cash reserves.
28

Mosalc Church Limited
Company Llmited by Guarantee
Noles to the Annual Report and Flnanclal Staternents (conHnvedJ
Year ended 31 December 2024
23. Analysls of charltable lunds (conlinued)
Restrlcted funds
Ati
January
2024
At31
December
2024
Income Expenditure
Transfers
Job Club Fund
Leeds School of
Theology
The Oak Church
The Oak Church
Building
The Oak- Heolthy
Eating
The Ook Connect Cofé
Our Cotolyst Hub Fund
Hardship Relief Fund
The Ook- Bibles for
"seekers"
Grace City Church
Mosaic Outreach
Mosoic Community
Kitchen
Refugee Relief and
Support
Living Hope Church
Plont
978
19781
307.292
151,587
1133,9961
14.8841
319.999
4,058
14,0581
13181
143,5771
14.0461
1.203
29.193
2.756
885
20,352
6.004
20,351
7.508
14.385
12141
250
5.719
7.249
250
26,134
4,695
29,977
30.681
19.1521
134.2131
14101
978
1.271
11.3361
1,000
935
19,355
18,5341
1239,2301
19,954
30,775
402.116
217,312
29,831
410.029
29

Mosaic Church Llmited
Company Llmlted by Guarantee
Notes to the Annual Report and Financial Statements (conllnv•d)
Year ended 31 December 2024
23. Analysls of choTllable lunds (conllnued)
Ati
January
2023
At31
December
2023
Income Expenditure
Transfers
Job Club Fund
Leeds School of
Theology
The Ook Church
The Oak Church
8uilding
The Ook- Healthy
Eating
The Ook Connecl Café
Our Catalyst Hub Fund
Hord5hip Relief Fund
The Oak- Bibles for
"Seekers"
Groce City Church
Mosaic Oulreoch
Mosaic Community
Kitchen
Refugee Relief and
Support
Living Hope Church
Plant
978
978
9.165
288,778
19,1651
16801
148.317
1129.1231
307,292
12,0(K)I
2,588
3.780
12.3101
4.058
16,447
8.733
21,990
2.388
137.9071
13,4251
19,821
11881
20,351
7,508
27,060
61.960
24.711
18.849
121,3841
150.1281
14101
29,977
30,681
471
918
1,000
1,271
1.131
418.180
222,084
1248.5261
10,378
402,116
30

Mosalc Church Limlted
Company Limlted by Guarantee
Notes to the Annual Report and Flnanclal Statements (eonllnued)
Year ended 31 December 2024
23. Analy￿$ of charflable lunds (conNnu•d)
Leeds School of Theology- During Ihe year, the Trvste85 determined thol the Leeds School of
Theology ILSOTI Fund was nol a restricted fund. Accorcjingiy, the bolance on this lund was
transferred to a designated LSOT fund.
The Oak Church- donations given by members of, the Oak church ore held in a restricled fund
to poy lor costs of the church. Gront5 reloled to buildings or projecls ot the Ook ore hekl in
their own reslricled funds until they con be expended.
The Oak Church Bulldlng - the monies in Ihis fund relate to grants rèceived and expended on
building maintenance.
The Oak . Healthy Eatlng - the monies in thi5 fund relate lo donotions ond grants speclficallv
given for, and used by, The Oak Church's Health Eoting program.
The Oak - Connect calé the monies in this fund relate to gronts specifically given for, and
used by, The Oak Church's Connect café.
Our Catalyst Hvb Churches within the Hub make donotion5 each year to support staff and
other costs re manogement ond events, to focililote networking and Support for Hub churches
based in the UK and overseas. Fund Ironsfer5 from Mosaic Church general fund, the Ook and
Grace City and Living Hope reslricled funds a150 SUPPOrt this work.
Hardshlp Rell•f - During the Covid-19 pandemic church members donated funds to be
distribuled to others in financial hord5hip. occ05ionolly individuals will make donotions lo lh8
fund In support of other members of the church fomily. 8olances remain ond continue tc be
distributed as needs orise.
Groce Clty Church - Donolions from individuols support the ministry of Grace Clty Church. o
church plant in Bradford.
Mosalc Oulreoch - During 2022 M05aic church held a speclal offering appeal to support 3 new
oulreoch projects, nomely CAP Debt, Holbeck Outreach & Prison Ministry and Youth Work.
Each project employed a part-lime stofl member and incurs other costs. The majority of funds
hod been expended by midway through 2024 and staff roles either ended or were obsorbed
into Ihe core activi'ies of Mosoic Church. Other small outreach granls were received which
will be expended during 2025.
Mosalc Commvnlty Kltchen- Donations ore received to operate a community kilchen in south
Leeds to support people struggling to liv8 on low incom8. Surplus funds ore carried forward lo
be spent in the subsequent year.
Relugee Rellef and 5upport- A grant was received in 2023 to provide practical support people
to refugees from Ukraine ond Alghanislan. It wos fully expended in that yeor.
Tho Oak - Blbles for seekers" A donolion wos received to purchase bibles to be distributed
to individuals exploring the Christian faith. The bibles were purchased in early 2025 when the
gront wlll be lully expended.
Llvlng Hop• Church Plant- Donotions from individuals were received either via The Oak Church
or direclly. 10 5UPPOrt the ministry of Living Hope. a new church plant In Ecst Leeds. Funds held
ot the end 012024 will support the minislry during its fitsl lew years of operolion as it builds up
its income base.
31

Mosalc Church Llmited
Compony Limlted by Guarantee
Notes to the Annual Report and Flnanclal Statements (conllnued)
Year ended 31 December 2024
24. Analysls of net assels between funds
Unrestricted
Funds
Restricled Total Funds
Funds
2024
Tangible fixed assets
Current ossels
Creditors less thon l yeor
Credilors greater than l year
Net asiels
8,463
559,613
124,9671
2?5.822
226.744
111,2321
1101.3051
410,029
304,285
786,357
136,1991
1101,3051
953.138
543.109
Unreslricted
Funds
Restricted Total Fund5
Funds
2023
Tongible fixed 05sets
Current ossets
Creditors le55 than l year
Creditors greater than l year
Net assets
12.709
466,416
121.3381
295,451
230.358
113,0581
1110.6351
402,116
308,100
696,774
134,3961
(110,6351
859.903
457,787
25. Cosh generated from operotlons
2024
2023
Net income
93,235
53,397
Adjustment5 for..
Depreciation ol tangible fixèd assets
Other inter6sI receivable ond similor income
Interest payable and simllar charges
Accrued expenseslllncomel
Chonges in..
Tracle and other debtors
Trade antj other creditors
9,127
119,9211
8,328
532
9.620
111,7081
8,191
18.5781
18.7941
1,270
2.119
12.8301
50.211
83.777
26. Analysls ol changes In n•t debl
Al
At l Jan 2024 Cash flows 31 Dec 2024
Cosh at bank and in hand
Debl due within one year
Debt due after one year
681,837
19.9001
1110,6351
561.302
80,789
762,626
19,9(K)I
1101.3051
651.421
9.330
90,119
32

Mosalc Church Llmited
Company Limited by Guarantee
Notes to the Annual Report and Financial Statements (conffnued)
Year ended 31 December 2024
27. Related partles
No payments were made to Director5 or ony persons connected with them during this financial
period. No moterial transaclion took proce between the charity and o trustee or any person
connected wilh them.
Total amount of donotions received without condilions from Irustees or other relaled parties
amounted to £26.63212023: £31,7131.
28. Comparulfve dlsclosures for th• slatem•nl ol Ilnanclal
acllvlly
2023
Restricted
funds Total funds
Unrestricted
funds
Income and endowments
Donations and legacies
Charitable activities
Inveslment income
488,535
40,677
10,057
220.433
708,968
40,677
11.708
1.651
Total Income
539,269
222,084
761,353
Expendlluie
Expenditure on charitable activilies
459,430
248,526
707.956
Total expendSture
459.430
248.526
707.956
Net Income
79.839
126.4421
53.397
Transfers be￿een funds
110,3781
10,378
Net movement In Ivnds
69.461
116.0641
53,397
Reconclllallon of lunds
Tolol funds broughl forward
Tolal funds carrled forward
388,326
418.180
806,506
457.787
402.116
859,903
33