2025-03-31-accounts

Charity number: 1183430

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

CONTENTS

	Page
Reference and Administrative Details of the Charitable Incorporated Organisation, its	1
Trustees and Advisers
Trustees' Report	2 - 4
Independent Examiner's Report	5 - 6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Financial Statements	9 - 23

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED ORGANISATION, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees	S Baynham, Chairman
	D Grant, Secretary
	V McDonald
	K Gill
	M Archibong
Charity registered number 1183430 Principal office Unit 2 Cartel Business Centre Stroudley Road Basingstoke Hampshire RG24 8FW Independent Examiner Shaw Gibbs (Audit) Limited Statutory Auditors Wey Court West Union Road Farnham Surrey GU9 7PT Bankers The Co-Operative Bank Plc P.O. Box 250 Delf House Southway Skelmersdale WN8 6WT

Page 1

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees of Mosaic Church Partnership have the pleasure of presenting their annual report for the year ended 31st March 2025.

Legal Status

Mosaic Church Partnership is constituted as a Charitable Incorporated Organisation using the “Foundation" model dated 28th January 2019 and is a registered charity no. 1183430. Name Changed from Gateway Life Trust and amended constitution on 30th September 2023.

Trustees

There were no changes to the Trustees in the financial year. In selecting individuals for appointment as Trustees, the current Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

Aims and Objectives

Mosaic Church Basingstoke continues to function:

• To advance the Christian religion for the benefit of the public in accordance with the beliefs set out in the Christian Scriptures and to proclaim and further the Gospel of God and His Son the Lord Jesus Christ and to preach and teach the Christian faith.

• For the prevention or relief of poverty in Basingstoke and in such other parts of the United Kingdom and the world as the Trustees may from time to time think fit by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.

• To advance the education of the public in the subject of Christian faith.

• To further such other charitable purposes as the Trustees from time to time in their absolute discretion determine.

The Trustees have noted the Charity Commission’s general guidance on public benefit when making and reviewing the Trust’s aims and objectives and planning future activities.

Activities

• Church family meetings on Sunday

• Life group meetings mid-week

• Mid-week meeting for Young People

• ‘Home for Good’ Adopting and Fostering

• Pastoral care of members and families

• Christians Against P o verty (CAP) Debt Centre

• Church Planting

• Commission events

Page 2

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements

• Sunday meetings take place on the Queen Mary’s College Campus and continue to be available online also.

• A number of life groups run during the week in homes and around Basingstoke, to pastorally support the church family and community.

• Alongside this there are other events including: Men’s and Women’s breakfasts, conferences, craft events, football and netball.

• The Commission Festival annual conference in August 2024, was attended by over 120 adults and children from Mosaic and Trinity L ife.

• Regular weekly meetings for the young people happened through the year and a number went to the Newday Christian festival at the Norfolk County Showground in August.

• Other notable events during the year included a Carol Concert and Summer Picnics.

• The CAP debt services centre has continued to run during the year and has helped a growing number of clients. Alongside this, the relief fund has been utilised to help an ever-increasing number of families in need of financial support.

• The Trinity life church plant continues to grow in Swindon with regular Sunday & Mid-week meetings.

• The Church is part of the Commission sphere of churches and regularly takes part in events and activities.

• • A number of the staff and wider leadership team contribute towards the training and supporting of other Commission churches and initiatives, including Church Planting, Evangelism, Prophecy and Administration.

• The refurbishment of a former office building is nearing completion and will be operational in April 2025 with an initial launch of services at Easter. The building will be able to host the majority of the regular activities and meetings and will be invaluable resource for the ongoing outreach misitries of the Church.

Financial Review

• The charity reported a total annual income of £457,487, with expenditure on its activities amounting to £342,320.

• The total unrestricted reserves were £168,979 at the year end. This is in line with the reserves policy going forward of £75,000. The current calculation is based on three months of com m itted expenditure, the majority of which is staff wages and the financial and operating costs associated with the new building.

• The total loan balance for the refurbishment of the building totalling was £457,039 at the 31st March 2025.A further £124,065 will be drawn down after the year end to complete the building project, of which a payment is due to the Building Contractors of £94,125.

• Trinity Life Church plant has a restricted fund balance of £47,792.

• The Relief Fund which is used to assist those in financial need has a fund balance at the financial year end of £13,221.

• The CAP grant for employee costs from the Basingstoke foodbank of £7,760 was fully utilised during the year.

• A fund to support overseas mission and workers had a fund balance of £2,798.

• The main source of funds for the Trust is through its’ church members giving and the gift aid reclaimed, a large proportion of which is by regular bank transfer.

• During the year the Trustees authorised the normal payment of expenses and expenditure.

Page 3

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Risk Management

• The trustees have identified the current general reserves are sufficient for the charities activities and risk faced. They are continuing to review the net income/loss of the charity closely each month and will respond to any adverse changes accordingly.

• The trustees regularly meet and conduct reviews of the Trust’s operations to identify areas of risk and initiate planning to mitigate these risks.

• Trustees receive and review monthly and quarterly management reports on the financial performance of the charity along with an annual budget. They assess the affordability of any new initiatives on their merits as they occur.

• All of the activities of the charity are continuing, and the accounts have been produced on a going concern basis.

Approved by order of the members of the board of Trustees and signed on their behalf by:

S Baynham (Chair of Trustees)

Date: 30 January 2026

Page 4

MOSAIC CHURCH PARTNERSHIP (A Charitable Incorporated Organisation)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025

Independent Examiner's Report to the Trustees of Mosaic Church Partnership ('the Charitable Incorporated Organisation')

We report to the charity Trustees on our examination of the accounts of the Charitable Incorporated Organisation for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the Trustees of the Charitable Incorporated Organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

We report in respect of our examination of the Charitable Incorporated Organisation's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Since the Charitable Incorporated Organisation's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. We confirm that we are qualified to undertake the examination because we are a member of ACCA, which is one of the listed bodies.

Your attention is drawn to the fact that the Charitable Incorporated Organisation has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charitable Incorporated Organisation as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

Page 5

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: M Dickinson Dated: 30 Jan 2026

Mark Dickinson FCA

Shaw Gibbs (Audit) Limited

Statutory Auditors Wey Court West Union Road Farnham Surrey GU9 7PT

Page 6

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note Income from: Donations and legacies 3 Other trading activities 4 Other income 5 Total income Expenditure on: Charitable activities Total expenditure Net income/(expenditure) Transfers between funds 14 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Restricted funds 2025 £ 134,923 - - 134,923 55,057 55,057 79,866 6,173 86,039 221,590 86,039 307,629	Unrestricted funds 2025 £ 320,474 2,060 30 322,564 287,263 287,263 35,301 (6,173) 29,128 139,851 29,128 168,979	Total funds 2025 £ 455,397 2,060 30 457,487 342,320 342,320 115,167 - 115,167 361,441 115,167 476,608	Total funds 2024 £ 274,072 - - 274,072 308,052 308,052 (33,980) - (33,980) 395,421 (33,980) 361,441

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 9 to 23 form part of these financial statements.

Page 7

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

BALANCE SHEET AS AT 31 MARCH 2025

Note Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 13 Net assets excluding pension asset Total net assets Charity funds Restricted funds 14 Unrestricted funds 14 Total funds	25,982 141,310 167,292 (126,878)	2025 £ 882,043 882,043 40,414 922,457 (445,849) 476,608 476,608 307,629 168,979 476,608	7,510 232,703 240,213 (11,751)	2024 £ 305,979 305,979 228,462 534,441 (173,000) 361,441 361,441 221,590 139,851 361,441

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

S Baynham (Chair of Trustees) Date: 30 January 2026

The notes on pages 9 to 23 form part of these financial statements.

Page 8

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. General information

Mosaic Church Partnership (previously named Gateway Life Trust) is a charitable incorporated organisation (charity number: 1183430).

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Mosaic Church Partnership 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.

2.2 Income

All income is recognised once the Charitable Incorporated Organisation has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, Legacies and Similar Resources:

(i) Collections and Donations are included in the financial statements when received by or on behalf

of the church.

• (ii) Planned giving receivable under covenant is included in the financial statements only when received by the church.

(iii) Income tax recoverable on covenanted and gift aid donations are accrued to March each year and claimed every four months.

• (iv) Legacy income is accounted for when receivable.

• (v) Grant income is accounted for when receivable.

Income from investments, including interest received, is accounted for when due.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Page 9

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitable Incorporated Organisation's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property	-		No depreciation charged
Motor vehicles	-	25%
Fixtures and fittings	-	25%
Computer equipment	-	25%

2.5 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 10

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charitable Incorporated Organisation anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.8 Financial instruments

The Charitable Incorporated Organisation only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.9 Pensions

The Charitable Incorporated Organisation operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charitable Incorporated Organisation to the fund in respect of the year.

2.10 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Incorporated Organisation and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charitable Incorporated Organisation for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 11

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

3. Income from donations and legacies

Donations Regular donations Gift Aid Collections and other donations Grants Total 2025 Total 2024 4. Income from other trading activities Income from fundraising events Commission Festival	Restricted funds 2025 £ 109,074 11,341 6,748 7,760 134,923 33,974	Unrestricted funds 2025 £ 212,862 45,817 61,795 - 320,474 240,098 Unrestricted funds 2025 £ 2,060	Total funds 2025 £ 321,936 57,158 68,543 7,760 455,397 274,072 Total funds 2025 £ 2,060	Total funds 2024 £ 175,620 43,905 44,757 9,790
				274,072
				Total funds 2024 £ -

Page 12

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

5. Other incoming resources

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Bank Interest	30	30	-

6. Analysis of expenditure by activities

Charitable activities Total 2024	Activities undertaken directly 2025 £ 199,949 214,252	Support costs 2025 £ 142,371 93,800	Total funds 2025 £ 342,320 308,052	Total funds 2024 £ 308,052

Page 13

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs Children Church Life Evangelism and Mission & poor Speakers gifts CAP Commission Festival Total 2024	Activities 2025 £ 169,819 2,821 6,557 5,425 700 5,730 8,897 199,949 214,252	Total funds 2025 £ 169,819 2,821 6,557 5,425 700 5,730 8,897 199,949 214,252	Total funds 2024 £ 180,299 3,502 9,412 7,445 682 4,572 8,340
			214,252

Page 14

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Analysis of expenditure by activities (continued)

Analysis of support costs

Staff costs Children Website & church software Bank fees Depreciation Health & Safety Printing, Postage and Stationary IT Software and Consumables Rent Travel costs Hospitality Subscriptions Telephone & Internet Marketing & Advertising Non-Staff Development Insurance costs Staff Training Office Fixtures and Fittings Light, Power & Heating Refurbishment costs Governance costs Interest costs Total 2024	Activities 2025 £ 618 962 741 1,637 1,663 595 2,308 4,431 44,999 1,090 1,526 12 777 22 632 3,307 2,156 - 8,992 28,492 34,013 3,398 142,371 93,800	Total funds 2025 £ 618 962 741 1,637 1,663 595 2,308 4,431 44,999 1,090 1,526 12 777 22 632 3,307 2,156 - 8,992 28,492 34,013 3,398 142,371 93,800	Total funds 2024 £ 470 1,180 1,461 187 2,190 555 2,353 3,994 38,931 2,587 1,183 150 350 22 823 4,043 1,896 192 - 9,926 21,307 -
			93,800

Page 15

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7. Independent examiner's remuneration

	2025	2024
	£	£
Fees payable to the Charitable Incorporated Organisation's independent
examiner for the independent examination of the Charitable Incorporated
Organisation's annual accounts	2,300	2,200

8. Staff costs

Wages and salaries Social security costs Pension costs	2025 £ 154,938 9,482 6,017 170,437	2024 £ 164,251 9,999 6,519
		180,769

The average number of persons employed by the Charitable Incorporated Organisation during the year was as follows:

	2025	2024
	No.	No.
Staff	6	6

No employee received remuneration amounting to more than £60,000 in either year.

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).

Page 16

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

10. Tangible fixed assets

Cost or valuation At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024	Long-term leasehold property £ 302,892 558,795 861,687 - - - 861,687 302,892	Motor vehicles £ 338 - 338 338 - 338 - -	Fixtures and fittings £ 506 8,339 8,845 506 - 506 8,339 -	Computer equipment £ 14,251 10,593 24,844 11,164 1,663 12,827 12,017 3,087	Total £ 317,987 577,727
					895,714
					12,008 1,663
					13,671
					882,043
					305,979

The leasehold property is currently under going significant works and is not in use. No depreciation charge will be included until the property is capable of being in use.

Page 17

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

11. Debtors

Due after more than one year Other debtors Due within one year Trade debtors Other debtors Prepayments and accrued income	2025 £ 9,650 9,650 8,739 - 7,593 25,982	2024 £ -
		- 3,540 95 3,875
		7,510

12. Creditors: Amounts falling due within one year

Other loans Trade creditors Other taxation and social security Other creditors Accruals and deferred income	2025 £ 11,190 105,586 3,317 955 5,830 126,878	2024 £ - 5,996 2,417 763 2,575
		11,751

Page 18

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

13. Creditors: Amounts falling due after more than one year

Other loans Included within the above are amounts falling due as follows: Between one and two years Other loans Between two and five years Other loans Over five years Other loans		2025 £ 445,849 2025 £ 112,028 114,760 219,061		2024 £ 173,000
				2024 £ - 173,000
				-

The loan has been provided to the charity by a member of the Church. £100,000 has been loaned in 2023, of which £27,000 was repaid to the Church, leaving a balance of £73,000 on an interest free basis repayable by 30 April 2028.

A further £100,000 was loaned during the year on interest free basis repayable by 27 March 2027.

Additionally a mortgage of £285,935 was drawn down on in the year at an interest rate of 2.74% above the Bank of England base rate, repayable 15 years from the first repayment date.

Page 19

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Statement of funds

Statement of funds - current year

Unrestricted funds General Funds Restricted funds Building Fund Cinnamon CAP Fund Trinity Life Relief Fund Growth Fund Overseas Mission Total of funds	Balance at 1 April 2024 £ 139,851 168,320 - 39,114 14,156 - - 221,590 361,441	Income £ 322,564 38,477 7,760 22,743 50 63,095 2,798 134,923 457,487	Expenditure £ (287,263) (26,074) (13,933) (14,065) (985) - - (55,057) (342,320)	Transfers in/out £ (6,173) 63,095 6,173 - - (63,095) - 6,173 -	Balance at 31 March 2025 £ 168,979
					243,818 - 47,792 13,221 - 2,798
					307,629
					476,608

Page 20

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds General Funds Restricted funds Hope Church Building Fund Cinnamon CAP Fund Trinity Life Relief Fund Growth Fund Total of funds	Balance at 1 April 2023 £ 160,993 - 186,223 - 31,522 16,683 - 234,428 395,421	Income £ 240,098 - 200 11,058 20,438 663 1,615 33,974 274,072	Expenditure £ (258,588) (900) (19,718) (12,810) (12,846) (3,190) - (49,464) (308,052)	Transfers in/out £ (2,652) 900 1,615 1,752 - - (1,615) 2,652 -	Balance at 31 March 2024 £ 139,851
					- 168,320 - 39,114 14,156 -
					221,590
					361,441

Page 21

MOSAIC CHURCH PARTNERSHIP

(A Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

15. Summary of funds

Summary of funds - current year

					Balance at
	Balance at 1			Transfers	31 March
	April 2024	Income	Expenditure	in/out	2025
	£	£	£	£	£
General funds	139,851	322,564	(287,263)	(6,173)	168,979
Restricted funds	221,590	134,923	(55,057)	6,173	307,629
	361,441	457,487	(342,320)	-	476,608
Summary of funds - prior year
					Balance at
	Balance at			Transfers	31 March
	1 April 2023	Income	Expenditure	in/out	2024
	£	£	£	£	£
General funds	160,993	240,098	(258,588)	(2,652)	139,851
Restricted funds	234,428	33,974	(49,464)	2,652	221,590
	395,421	274,072	(308,052)	-	361,441

16. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets Debtors due after more than one year Current assets Creditors due within one year Creditors due in more than one year Total	Restricted funds 2025 £ 38,476 - 840,161 (280,350) (290,658) 307,629	Unrestricted funds 2025 £ 843,567 9,650 (682,519) 153,472 (155,191) 168,979	Total funds 2025 £ 882,043 9,650 157,642 (126,878) (445,849) 476,608

Page 22

(A Charitable Incorporated Organisation)

MOSAIC CHURCH PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year Total	Restricted funds 2024 £ 302,892 91,698 - (173,000) 221,590	Unrestricted funds 2024 £ 3,087 148,515 (11,751) - 139,851	Total funds 2024 £ 305,979 240,213 (11,751) (173,000) 361,441

17. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge of £6,017 (2024 - £6,519) represents contributions payable by the Charity to the fund and as at the year end £955 was payable to the fund and is included in creditors (2024 - £763).

18. Related party transactions

E Bonney, daughter of S Baynham, Trustee, is employed as a Children's worker. E Bonney is paid wi t hin the normal rate for this role and recieves no special treatment as a result of her relationship to the Trustee.

Page 23

Issuer

Shaw Gibbs

Document generated Fri, 30th Jan 2026 12:50:07 GMT

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Document processed

Party + Fingerprint

Fri, 30th Jan 2026 12:53:37 GMT Mark Dickinson - Signer (825dcee8c106c86cb52e619630bead47)

Audit history log

Date

Action

Fri, 30th Jan 2026 12:50:08 GMT Envelope generated by Stacey White (62.232.24.62) Fri, 30th Jan 2026 12:50:08 GMT Document generated with fingerprint 56b3696f51498256df0c053d15c8ed43 (62.232.24.62) Fri, 30th Jan 2026 12:51:02 GMT Sent the envelope to Mark Dickinson ([e-mail]) for signing (62.232.24.62) Fri, 30th Jan 2026 12:51:02 GMT Document emailed to [e-mail] Fri, 30th Jan 2026 12:53:21 GMT Mark Dickinson viewed the envelope (217.67.52.119) Fri, 30th Jan 2026 12:53:37 GMT Mark Dickinson signed the envelope (217.67.52.119) Fri, 30th Jan 2026 12:53:37 GMT This envelope has been signed by all parties (217.67.52.119) Fri, 30th Jan 2026 12:53:37 GMT Signed document confirmation emailed to [e-mail] (217.67.52.119) Fri, 30th Jan 2026 12:53:37 GMT Signed document confirmation emails have been sent to all parties. Document URL:

https://api.signable.app/shareable/envelope?t=a0151be6-f76a-4cc5-851a-c d868df7bd0b (217.67.52.119)