2023-03-31-accounts - Mosaic 1898 Ltd

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					Page
Reference and administrative		details ofthe charitable	company,	its Trustees and
advisers
Chairperson's statement
Trustees' report					3-16
Independent auditors'	report	on the financial statements			17-20
Statement offinancial	activities				21
Balance sheet					22
Statement ofcash flows					23
Notes to the financial	statements				24-47

REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	OF	OF	THE CHARITABLE COMPANY, ITSTRUSTEES AND	THE CHARITABLE COMPANY, ITSTRUSTEES AND	THE CHARITABLE COMPANY, ITSTRUSTEES AND
					ADVISERS
			FOR THE	YEAR		ENDED 31 MARCH 2023
Trustees			Deborah Southwick, Chair					(resigned 29 September	2022)
			Jessica Okoro,	Chair		(appointed 29 September			2022, resigned	22 September
			2023)
			Warwick Best, Vice Chair
			Karen Cane, Co Vice Chair					(resigned 26 January 2023)
			Nic Ellis (resigned	29September 2022)
			Steve Smith, Treasurer
			Mary Smith (resigned		29		September 2022)
			Josephine Taylor	(appointed 29September 2022)
			Satwindher Sidhu	(appointed 29September 2022)
			Kavita Nichani (appointed				29September 2022)
			Parvez Bhatty (appointed				1 August 2023)
Company	registered
number			00533714
Charity registered
number			214212
Registered		office	2 Oak Spinney Park
			Ratby Lane
			Leicester Forest East
			Leicester
			LE33AW
Company	secretary		Steve Smith
Chief executive office			Zoheb Shanff
Independent		auditors	Magma Audit LLP
			Chartered Accountants
			Unit 2, Chamwood Edge				Business Park
			Syston Road
			I eicester
			LE7 4UZ
Bankers			Bank of Scotland
			14Friar Lane
			Leicester
			LE1 5RA
Investment		advisors	Brewin Dolphin
			Waterfront House
			35Station Road
			Nottingham
			NG2 3DQ
			M&G Charity Department
			PO Box9038
			Cheimsford
			CM99 2XF

				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
			Note	2023 f	2023 5	2023 6	2022f
Income from:
Donations and legacies				16,815	11,544	28,359	112,448
Charitable activities				53,130	1,641,095	1,694,225	1,619,995
Other trading activities					15,236	15,236	1,337
Investments					3,517	3,517	2,879
Total income				69,946	1,671,392	1,741,337	1,73S,S59
Expenditure on:
Raising funds					1,200	1,200	1,200
Charitable activities			10	87,392	1,611,235	1,698,627	1,501,540
Total expenditure				87,392	1,612,435	1,699,827	1,502,840
Net (expenditure)/income		before net
(losses)/gains on	investments			(17,447)	58,957	41,510	233,819
Net (losses)/gains	on investments				(11,899)	(11,899)	11,782
Net movement in	funds			(17,447)	47,058	29,611	245,601
Reconciliation of	funds:
Total funds brought	forward			165,503	1,713,991	1,879,494	1,633,893
Net movement in funds				(17,447)	47,058	29,611	245,S01
Total funds carried forward				148,056	1,761,049	1,909,105	1,879,494

					Note		2023 6		2022f
Fixed assets
Tangible assets					14		1,470,088		784,450
Investments					15		213,239		225,925
							1,683,327		1,010,375
Current assets
Debtors					18	166,269		167,224
Cash at bank and	in hand					640,160		824,878
						806,429		992,102
Creditors: amounts	falling		due within one
year					17	(121,288)		(114,520)
Net current assets							685,141		877,582
Total assets less	current		liabilities				2,368,468		1,887,957
Creditors: amounts	falling		due after more
than one year					18		(453,968)
Net assets excluding		pension		liability			1,914,500		1,887,957
Defined benefit pension		scheme		liabdity	24		(5,395)		(8,463)
Total net assets							1,909,105		1,879,494
Chadty funds
Restncted funds					19		148,056		165,503
Unrestricted funds					19		1,761,049		1,713,991
Total funds							1,909,105		1,879,494

		FOR	TH	E YEAR ENDED 31 MARCH 202	3
					2023	2022
						6
Cash flows from operating		activities
Net cash	used in operating	activities			72,990	198,427
Cash flows from Investing		activities
Dividends,	interests and rents from investments				3,517	2,879
Purchase	oftangible fixed assets				(712,705)	(9,081)
Proceeds	from sale of investments				23,248	22,526
Purchase	of investments				(22,458)	(21,326)
Interest paid					(4,310)
Net cash	used in investing	activities			(712,708)	(5,002)
Cash flows from financing		activities
New bankloans					455,000
Net cash	provided by financing activities				455,000
Change in cash and cash		equivalents	in	the year	(184,718)	193,425
Cash and	cash equivalents	at the beginning		ofthe year	824,878	631,453
Cash and	cash equivalents	at the end	of	the year	640,160	824,878
The notes	on pages 24 to 47 form part ofthese financial statements

							Restricted	Unrestricted	Total	Total
							funds	funds	funds	funds
							2023 f	2023 f	2023f	2022f
	Liberty,	Advocacy		and	Voice		36,000	212,552	248,552	217,323
	Colton Care							515,200	616,200	467,106
	Creating	Opportunities			-activity groups and
	leisure						17,130	528,846	545,976	582,800
	Direct Payments			Support Service				384,497	384,497	352,766
	Total 2023						53,130	1,641,095	1,694,225	1,619,995
	Total 2022						49,792	1,570,203	1,619,995
6.	Income	from other trading				activities
	Income	from fundralslng				events
								Unrestricted	Total	Total
								funds	funds	funds
								2023	2023f	2022
	Training	and	other income					15,236	15,236	1,337
	Total 2022							1,337	1,337
7.	Investment		income
								Unrestricted	Total	Total
								funds	funds	funds
								2023f	2023f	2022f
	Listed investments							3,517	3,617	2,879
	Total 2022							2,879	2,879

			Grant
		Direct	funding of	Support	Total	Total
		COStS	activities	cosbs	funds	funds
		2023	2023 5	2023 6	2023 6	2022f
Liberty, Advocacy	and Voice	138,250		36,479	174,729	143,471
Colton Care		396,445		102,403	498,848	455,9SS
Creating Opportunities		538,317		132,534	670,851	508,949
Direct Payments	Support
Service		254,374		71,482	325,856	280,541
Other expenditure				338	338	375
Mosaic Better World			6,814		6,814	12,335
Whetstone				21,191	21,191
Total 2023		1,327,386	6,814	364,427	1,698,627	1,501,540
Total 2022		1,224,073	12,335	265,232	1,501,S40

						Direct
			Liberty,			Payments
			Advocacy		Creating	Support	Total	Total
			and Voice	Cotton Care	Opportunities	Service	funds	funds
			2023 6	2023 E	2023	2023 6	2023 6	2022f
Staff	costs		124,038	382,811	439,587	242,689	1,189,125	1,059,263
Other	direct	costs	14,212	13,634	98,730	11,685	138,261	164,810
Total	2023		138,250	396,445	538,317	254,374	1,327,386	1,224,073
Total	2022		120,940	381,245	491,575	230,313	1,224,073

				Liberty,			Direct
				Advocacy		Creating	Payments	Other
				and Voice	Colton Care	Opportunities	SS	expenditure
				2023	2023	2023	2023	2023
				E				6
Staff costs				17,934	50,344	63,252	35,065
Depreciation				2,445	6,864	12,482	4,938	338
Other support		costs		6,350	17,822	22,410	12,414
Legal and professional			fees
Other premises costs				2,674	7,508	9,433	5,229
Insurance				1,129	3,170	3,982	2,208
Equipment	costs			3,486	9,787	12,296	6,816
Irrecoverable		VAT		1,495	4,198	5,274	2,924
Governance				966	2,710	3,405	1,888
Total 2023				36,479	102,403	132,534	71,482	338
Total 2022				22,531	74,723	117,374	50,228	376
							Tots I	Total
						Whetstone	funds	funds
						2023 6	2023f	2022f
Staff costs							166,695	97,203
Depreciation							27,067	27,485
Other support		costs				38	69,034	63,946
Legal and professional			fees					6,164
Other premises costs						7,476	32,320	15,284
Insurance						1,446	11,936	9,832
Bank fees						6,550	6,560
Equipment	costs						32,386	26,267
Irrecoverable		VAT				1,371	15,262	12,206
Governance							8,969	6,845
Bank loan interest						4,310	4,310
Total 2023						21,191	364,427	265,232
Total 2022							265,232

Grant fu	nding of	activities
			2023	2022
				5
Grants paid to institutions
Arden RDA Group				5,500
Leicester	Children's	Holidays		2,000
Messy Senses			3,250	1,175
Sharma	Women's	Centre		500
Matt Hampson Foundation			3,000
Sensory	Equipment	for hospital	164
Vacuwax	Limited			2,000
Other			400	50
			6,814	12,335

		Restricted	Unrestricted
		funds	funds	Total	Total
		2023	2023	2023f	2022f
Liberty, Advocacy	and Voice	29,432	145,297	174,729	143,471
Colton Care			498,848	498,848	455,968
Creating Opportunities		57,622	613,229	670,851	608,949
Direct Payments	Support Service		325,856	325,866	280,541
Other expenditure		338		338	375
Mosaic Better World			6,814	6,814	12,335
Whetstone			21,191	21,191
Total 2023		87,392	1,611,235	1,698,627	1,501,640
Total 2022		100,930	1,400,710	1,501,640

		Staff costs	Depreciation	Other costs	Total	Total
		2023 f	2023 f	2023 f	2023f	2022f
Liberty, Advocacy	and Voice	141,972	2,445	30,312	174,729	143,471
Colton Care		433,155	6,864	58,829	498,848	455,968
Creating Opportunities		502,839	12,482	155,530	670,861	608,949
Direct Payments	Support
Service		277,754	4,938	43,164	325,856	280,541
Other expenditure			338		338	376
Mosaic Better World				6,814	6,814	12,335
Whetstone				21,191	21,191
Total 2023		1,355,720	27,067	315,840	1,698,627	1,501,640
Total 2022		1,156,466	27,485	317,689	1,501,640

				2023f	2022f
Fees payable to the charitable company's	chantable annual	company's accounts	auditor for the audit ofthe	7,750

Staff costs
	2023	2022f
Wages and salaries	1,248,326	1,094,038
Social secunty costs	75,255	60,225
Pension costs	32,139	2,203
	1,355,720	1,156,466

			2023	2022
			No.	No
DOLS			8	9
Leisure services			1	1
Creating	Opportunities		31	30
Advocacy			7	6
Self Directed		Support Services	10	11
Colton Care			25	25
Reception			1	1
Management		and administration	3	3
			86	86

2023	2022
No.	No.

	Freehold	Plant and	Fixtures and	Computer
	property	machinery	fittings	equipment	Total
	6	6	6		6
Cost or valuation
At 1 April 2022	844,735	115,502	58,802	128,918	1,147,957
Additions	709,782		2,923		712,705
At 31 March 2023	1,554,517	115,502	61,725	128,918	1,860,662
Depreciation
At 1 April 2022	200,037	15,047	21,937	126,486	363,507
Charge for the year	16,896	3,850	4,539	1,782	27,067
At 31 March 2023	216,933	18,897	26,476	128,268	390,574
Net book value
At 31 March 2023	1,337,584	96,605	35,249	650	1,470,088
At 31March 2022	644,698	100,455	36,855	2,432	784,450

The tangible	fixed	assets are used in the following depa	rtments:
			Depreciation	Net book
			chargef	value F
Creating Opportunities			3,858	96,674
LCC Capital	Grant		338	3,042
Management	and	Administration	22,714	1,368,958
Direct Payments		Support Service	157	1,414
			27,067	1,470,088

	Listed
	investments
	F
Market value
At 1 April 2022	225,928
Additions	22,458
Disposals	(23,248)
Revaluations	(11,899)
At 31 March 2023	213,239

		2023f	2022f
Trade debtors		108,043	83,921
Prepayments	and accrued income	58,226	83,303
		166,269	167,224

										2023 6	2022f
Bank loans										1,032
Trade creditors										26,281	31,239
Other taxation	and		social security							36,633	30,916
Other creditors										5,569	7,TT2
Accruals and deferred					income					51,783	44,593
										121,288	114,520
										2023	2022
											E
Deferred income		at		1	April 2022					8,182	31,655
Resources deferred				during the year						13,994	8,182
Amounts released			from preinous			periods				(8,182)	(31,555)
										13,994	8,182
A retention ofF13,152, which has						not been provided		in the accounts,	is secured	by a legal charge	over the
freehold property		at		2	Oak Spinney Park.
Creditors: Amounts					falling due	after	more than one year
										2023	2022
											E
Bank loans										453,968
Included within	the		above are amounts				falling due as	follows:
										2023	2022
											5
Between one	and		two years
Bank loans										5,937
Between two	and		five years
Bank loans										21,049
Over five years
Bank loans										426,982

Statement o	ffunds	- current year
							Balance at
		Balance at 1			Transfers	Gains/	31 March
		Ap ri I 2022	Income f	Expenditure 5	In/out 6	(Losses) 6	2023 E
Unrestricted	funds
Designated	funds
Reserve fund		350,000					350,000
Properly fund		45,981		(741)			45,240
Sensory room fund		22,358		(1,5ss)			20,803
		418,339		(2,296)			416,043
General funds
Unrestncted	funds	641,498	1,671,392	(1,596,311)	(709,782)	(11,899)	(5,102)
Property assets		662,617		(16,896)	709,782		1,355,503
Pension reserve		(8,463)		3,068			(5,395)
		1,295,652	1,671,392	(1,610,139)		(11,899)	1,345,006
Total Unrestricted
funds		1,713,991	1,671,392	(1,612,435)		(11,899)	1,761,049
Restricted funds
LCC Capital	Grants	3,380		(338)			3,042
LCC Group
Advocacy		30,660	36,000	(29,432)			37,228
Narrowboat		100,455	50	(3,900)			96,605
Bungalow		19,908	17,180	(37,007)			81
LCC Winter Loyalty
Grant			16,715	(16,715)
Openwork
Foundation		10,000					10,000
Solar panel
donations		1,100					1,100
		165,603	69,945	(87,392)			148,056
Total of	funds	1,879,494	1,741,337	(1,699,827)		(11,899)	1,909,105

Statement offun	ds - prior year
						Balance at
	Balance at			Transfers	Gainer	31March
	1 April 2021 f	Income f	Expenoyture f	in/out f	(Losses) f	2022 f
Unrestricted
funds
Designated
funds
Reserve fund	261,864			88,136		350,000
Property fund	46,237		(256)			45,981
Sensory room
fund	24,086		(1,728)			22,358
	332,187		(1,984)	88,136		418,339
General funds
Unrestncted
funds	510,549	1,621,150	(1,415,573)	(86,410)	11,782	641,498
Property assets	ST9,512		(16,895)			662,617
Pension reserve	(41,005)		32,542			(8,463)
	1,149,056	1,621,150	(1,399,926)	(86,410)	11,782	1,295,652
Total
Unrestricted
funds	1,481,243	1,621,150	(1,401,910)	1,72S	11,782	1,713,991
Restricted
funds
LCC Capital
Grants	3,756		(376)			3,380
LCC Group
Advocacy	15,017	36,000	(20,357)			30,660
Nanowboat	104,305	47	(3,897)			100,455
Bungalow	28,371	55,126	(61,863)	(1.726)		19,908
LCC Winter
Loyalty Grant		14,336	(14,336)
Openwork
Foundation		10,000				10,000
Children' s' Short
Breaks	101		(101)

Statement offun	ds - prior year	(continued)
							Balance at
	Balance at				Transfers	Gainsr	31March
	1 Apni 2021 L'	income 6	Expenditure	f	in(out 6	(Losses) 8	2022f
Solar panel
donations	1,100						1,100
	152,650	115,509	(100,930)		(1,726)		165,503
Total offunds	1,633,893	1,736,659	(1,502,840)			11,782	1,879,494

Analysis Analysis	of net assets of net assets	between funds between funds - current year
			Restricted	Unrestricted	Total
			funds	funds	funds
			2023	2023	2023
			6	5	6
Tangible	fixed assets		99,717	1,370,371	1,470,088
Fixed asset investments				213,239	213,239
Current assets			63,786	742,643	806,429
Creditors	due within one year		(15,447)	(142,314)	(157,761)
Creditors	due in more than one year			(417,495)	(417,496)
Provisions	for liabilities	and charges		(5,395)	(5,395)
Total			148,056	1,761,049	1,909,105
Analysis	of net assets	between funds - prior year
			Res(noted	Unrestricted	Total
			funds	funds	funds
			2022 5	2022f	2022f
Tangible fixed assets			103,913	680,537	784,450
Fixed asset investments				225,925	225,925
Current assets			73,194	918,908	992,102
Creditors	due within one year		(11,604)	(102,916)	(114,520)
Provisions	for liabilities	and charges		(8,463)	(8,453)
Total			165,503	1,713,991	1,879,494

21.	Reconciliation of n	et	movement	in fund	s to net cas	h flow fro	m operating	activities
								2023	2022
	Net income for the year (as per Statement				of Financial	Activities)		29,611	245,501
	Adjustments for:
	Depreciation charges							27,067	27,485
	Gains on investments							11,899	(11,782)
	Dividends, interests	and rents from		investments				(3,517)	(2,879)
	Decrease / (increase)		in debtors					955	(12,444)
	Increase/(decrease)	in	creditors					5,733	(15,012)
	Pension movement							(3,068)	(32,542)
	Interest paid							4,310
	Net cash provided	by operating		activities				72,990	198,427
22.	Analysis ofcash and		cash equivalents
								2023f	2022
	Cash in hand							640,160	824,878
	Total cash and cash		equivalents					640,160	824,878
23.	Analysis ofchanges		in net debt
								Other non-
							At 1 April	cash	At 31 March
							2022	changes	2023
							5
	Cash at bank and in	hand					824,878	(184,718)	640,160
	Debt due within 1 year							(1,032)	(1,032)
	Debt due after 1 year							(453,968)	(463,968)
							824,878	(639,718)	185,160

Present value	of provision
			31 March	31March
			2023	2022f
Present value	of provision		5,395	6,463
Reconciliation	ofopening	and closing provisions'

Reconciliation ofopening and closing provisions'
	31 March	31March
	2023	2022f
Opening provision	8,463	41,005
Unwinding ofdiscount factor (interest expense)	159	236
Deficit contributions paid	(3,083)	(10,377)
Change in assumptions	(144)	(195)
Amendments to contributions		(22,206)
Closing provision	5,395	6,463

The am	ount	recognised in the statement offinancial ac	tivities are as follows
			31 March	31March
			2023	2022
			E	6
Interest	expense		159	236
Change	in assumptions		(144)	(195)
Amendments		to contributions		(22,206)
Total			15	(22,165)

				31	March	31March
					2023	2022
			'/	per	annum	%perannum
Rate	of	discount			5.52	235

under	no	n-cancellable operating leases as follows.
			2023	2022
			5	6
Within	1	year	1,455	11,141
Between		1 and 5years	1,455	2,910
			2,910	14,051