## **MOSAIC CHURCH BANGOR**
**(CHARITABLE INCORPORATED ORGANISATION)**
**ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE PERIOD FROM 24 FEBRUARY 2022**
**TO 31ST AUGUST 2022**
**CHARITY REGISTRATION No. 1198051**
Page | 1
**CHARITY NUMBER** 1198051 **START OF FINANCIAL YEAR** 24 February 2022 **END OF FINANCIAL YEAR** 31 August 2022 **TRUSTEES SERVING DURING THE** Dr Kevin Mundy **YEAR** Mrs Catherine Mary Mitchell Mr Christopher Houlden Mr Neil Godding
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
Charity Trustees must be appointed by a resolution passed at a properly convened meeting of the Charity Trustees following a recommendation by the Spiritual Leadership
**GOVERNING INSTRUMENT** Constitution of a Charitable Incorporated Organisation dated 9 December 2021, approved by the Charity Commission on 24 February 2022.
The Trustees of Mosaic Church Bangor, established by Trust Deed dated 8 September 2004 (Charity Number 1109496) have agreed it is in the best interest of the charity to begin the process of incorporation to become a Charitable Incorporated Organisation (CIO). The Charity Commission has approved the establishment of a CIO on 24th of February 2022 and since have approved the transfer of assets, which is likely to be completed in the summer of 2023. All activities will remain the same.
Until the date of incorporation and transfer of assets, the CIO is inactive.
## **OBJECTS**
1. To advance the Christian faith in Bangor in the county of Gwynedd and in such other parts of the United Kingdom or the world as the Charity Trustees may from time to time think fit, in accordance with the Statement of Faith; and
2. To relieve persons who are in conditions of need, hardship or distress or who are sick.
## **CORRESPONDENCE ADDDRESS**
Pensarn, Llangristiolus, Bodorgan, Anglesey, LL62 5DT
**BANKERS** The Co-operative Bank PO Box 250 Delf House Southway Skelmersdale, WN8 6NT
Page | 2
## **MOSAIC CHURCH BANGOR**
## **TRUSTEES REPORT**
## **FOR THE PERIOD TO 31[st] AUGUST 2022**
The Charitable Incorporated Organisation was established and registered with the Charity Commission on 24 February 2022.
The CIO was established in advance of the transfer of assets from Mosaic Church Bangor Charitable Trust (Charity Number 1109496). The transfer of assets is due to take place in the summer of 2023 and until this time the CIO has no activities. The activities of Mosaic Church Bangor is reported by the trustees in the Trustees Annual Report for Charity number 1109496.
## **Finances**
The total income for the year amounted to £0 and the expenditure amounted to £0.
Signed on behalf of the trustees by Kevin Mundy, 29 June 2023.
Page | 3
## **MOSAIC CHURCH BANGOR**
## **STATEMENT OF RECEIPTS AND PAYMENTS**
## **FOR THE PERIOD TO 31[ST] AUGUST 2022**
|**RECEIPTS**
Voluntary Receipts
**TOTAL RECEIPTS**
**PAYMENTS**
Cost of Charitable Actvites
**TOTAL PAYMENTS**
**Net Receipts/(Payments)**
**Cash Funds at Year End**|Unrestricted
Funds (£)
Restricted Funds
(£)
**TOTAL**
**For the period to**
**31 August 2022**
0
0
0|
|---|---|
||**0**
**0**
**0**|
||0
0
0|
||**0**
**0**
**0**|
||**0**
**0**
**0**|
||**0**
**0**
**0**|
Page | 4
## **MOSAIC CHURCH BANGOR**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE PERIOD TO 31[ST] AUGUST 2022**
|**ASSETS**
**Cash Funds**
Bank Accounts
Pety Cash
**LIABILITIES**
Liabilites|Unrestricted
Funds (£)
Restricted Funds
(£)
**TOTAL at**
**31 August 2022**
0
0
0
0
0
0|
|---|---|
||**0**
**0**
**0**|
||0
0
0|
||**0**
**0**
**0**|
## **TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS**
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities.
Approved by the Trustees on 29 June 2023 and signed on their behalf by Kevin Mundy.
The notes on page 6 form part of these accounts.
Page | 5
**MOSAIC CHURCH BANGOR**
## **NOTES TO THE ACCOUNTS**
**FOR THE PERIOD TO 31[ST] AUGUST 2022**
## **1. BASIC OF ACCOUNTING**
The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.
## **2. PAYMENTS TO TRUSTEES**
No payments were made to trustees or any persons connected with them during this financial period, other than reimbursement for small items paid for on behalf of the Charity. No other material transaction took place between the organisation and a trustee or any person connected with them.
## **3. GUARANTEES AND SECURED DEBTS**
The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulation 2012, that at the period end the CIO did not have any outstanding guarantees to third party nor any debts secured on the assets of the CIO.
Page | 6