Charity registration number 510955 (England and Wales)
MOSAIC CHURCH COVENTRY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

MOSAIC CHURCH COVENTRY
LEGALAND ADMINISTRATIVE INFORMATION
Chalrperson
Mark Nettleton
Trustees
Andrew Edmiston
Mark Nettlelon
Vivienne Kibble
Charlty number
510955
Principal addre88
Hope Centre
Vauxhall Street
Coventry
CV15LF
Independent examlner
Jack Baker MAAT
First Floor
Eagle House
14 Queens Road
Coventry
CV13EG
Banker8
Lloyds Bank PLC
30 High Slreet
Covenlry
CV15RE

MOSAIC CHURCH COVENTRY
CONTENTS
Page
Trustees report
Independent examinerfs report
statement of financial activities
Balance sheet
Notes to the financial statements
9-22

MOSAIC CHURCH COVENTRY
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iruslees present their annual report and financial statements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and
Reporting by Charities.. Slalemenl of Recommended Pra¢ti¢e applicable lo chanlies preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)"
Objoctlve8 and activities
The principle object is to advance the Christian Faith for the benefit of the public and promote the whole mission of
the Church and the worship ofGod in the UK and elsewhere by preaching and proclamation ofthe Christian Gospel.
Activitles
Mosaic Church is principally based in Coventry. serving the people of the City as a place of worship, inspiration
equipping and hope. Mosaic also has a campus in Ihe inner-city area of Hillfields, Coventry one of the most deprived
areas in the city. and has recently opened campuses in Coleshill and Leamington Spa.
Mosaic Church receives funding from a number of sources. bul principally from donations made by its members.
Mosaic employs staff to support and equip people in its communily to create pathways for those looking for freedom
from poverty, addiction, illness, poor education, debl, broken relationships. Additionally Mosaic works in partnership
with other organisations in the City and has ieceived grants from The National Lottery Communities Fund lo deliver
enhanced services lo the people of Cov8ntry to help lake people from surviving lo thriving. Additionally Mosaic has
been a delivery partnef Wlth a UK based International Charity that sponsored a project to house people escaping from
the conflict in Ukraine. Mosaic also supports projects with the same objectives in Europe, Africa, and South America.
The trustees have paid due regard to guidanc8 issued by the Charity Commission in deciding what activities the
charity should undertake.
Achlevements and perfomiance
Mosaics membership has grown significantly and we now how have a membership of 942 a third ofwhom are under
the age of 18.
Pasloral groups run weekly for men and women, including those that Suffer from mental health and have been
exploited. The Church employ resilience staff that help people with finance, housing, benefits and employability.
Mosaic hold baby clinics and run a weekly toddler play & slay group, and an evening group for youth and teenagers.
The ChLtrch provides opportunities for skills in music, singing, and AV technology at weekly development and practi
sessions.
Slaff and volunteers are provided with opportunities to support programmes and build new ones. Mosaic Church
continued lo manage 8 large residential property to house 50 people of all ages escaping from the conflict in Ukraine.
Mosaic is working with with the Local Authority lo find full time employment and permanent residential accommodation.
As a multi.generational and mulli-nalional community Mosaic Church continues to thrive and grow.

MOSAIC CHURCH COVENTRY
FOOD8ANK
KPI x 2324 vouchers & 3175 people fed per year
KINGDOM KITCHEN
KPI = 2324 meals per year
In 2024, we fu Ifilled
which is 410 fewer than the
2,790 vouchers fulfilled in 2023.
Additionally, while
! I ppnpl•
this past year. this number was 593 less
than the total for 2023.
The number of meals we ser,
G 111 our
336 meals
less if compared with the previous year
2023.
RESTORE- SOCIAL SUPERMARKET
KPI E 1327 shops 8 3097people fed per year
HOUSEHOLD SUPPORT FUND
KPI = 3578 people fed per year
In 2024, .ve operated 1.110 shoD",
excluding HSF, while in 2023, we had a
total of1,311.
The number Me feed in 2024 was 3,243
while in 2023 was 3.219 an increase of 24
more people than the previous year.
in 2023 we feed through HSF 3716 people
and had 1822 vouchers requested. In
2024 we had about
only 72 less than the previous
year and a total of .

MOSAIC CHURCH COVENTRY
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnancial rovlew
The charities income in the year was £980,716 compared lo £987,906 in the previous year. The main points relating
to increase in income are as follows'.-
Unrestricted donations and gifts received in the year for church aclivities were £550,916 (2023 £381,377)
Donations and income towards the building fvnd £2,04212023 £116,364)
Donation5 and grants towards th8 projecl to house people escaping from the conflict in Ukraine of
£136.469 (2023 £177,004)
Expenditure in the year was £917,359 compared lo £869,964 in the previous year. The increase in expenditure can
be attributable to...
Costs towards the project lo house people escaping from the conflict of£140,855 (2023 £185,890)
Expenditure of£142,397 {2023 £249,086) was paid out from the National Lottery Communities Fund grants
As we were able to hold charity events this year. costs for these events were £30.436 (2023 £24.457)
Reserves Pollcy
The Iruslees review the reserves of the charity on a regular basis following r8Vl8ws of the monthly management
accounts. The trustees have determined a general reserve of two months unrestricted expenditure should be
maintained. Al the end of this year this is equivalent to £78,333 (2023 £49,175). The unrestricted funds balance at
the year end was £112,76112023 £51,129).
Supplier Payment Policy
The charity's current policy conceming the payment of trade credltors Is lo follow the CBI'S Prompl Payers Code
(copies are available from thè C81, Centre Point, 103 New Oxford Slreet, London WC1A 1DUI.
Thé Charity's current policy concerning the payment of trade creditors is to,.
settle the terms of payment with suppliers when agreeing the terms of each transaction.,
ensure that suppliers are made aware of the t8rms of payment by inclusion of the relevant terms in
conlracts., and
pay in accordance with the company's contractual and other legal obligations.
Trade creditors of the charity al the year end were equivalent to 30 day's purchases, based on the average daily
amount invoiced by suppliers during the year.
Structure, governance and management
Mosaic Church Coventry is a charitable trust and was fomed under a deed of trust and registered with the Charities
Commission on the 9th January 1981.
Registered Charity
510955
Trustees
M Nettlelon
A Edmiston
Mrs V Kibble
Chief Executive Offior A Connor
Registered Office
Mosaicchurch UK
Vauxhall Street
Coventry
CV15LF

MOSAIC CHURCH COVENTRY
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Recruitment and appolntment of Trustses
The trustees are appointed by ordinary resolution or by a decision of the existing trustees. Under the Articles, TTuslees
are required lo serve for three years and Ihen retire al which time they may seek re-election.
Charily trustees are the people who share ultimate responsibility for governing the charity and directing how it is
managed and run. Throughout 2022 the trustees met quarterly lo review performance and budgets as well as oversee
the broad strategy of th8 charity.
The charity operates in accordance with d￿UMented policies and procedures which are designed to ensure that these
responsibilities are fully met. Day lo day management of activities is the responsibility of the Chief Executive Officer
who provides quarterly reports lo the trustee board.
Trustee Induction and training
The induction process for new trustees comprises further meetings with the Chair andlor CEO followed by attending
a trustees meeting as an Obse￿@r. New trustees are given access to previous board papers. re￿nt accounts and
annual reports, the Memorandum and Artides ofAssociation, and Charity Commission Guidance (CC31. New trustees
also complete an NCVO e-learning module covering the roles and duties of trustees.
Risk Management and Stratsgy
In 2022 the charity agreed a strategic vision and reviewed its risk management plan to ensure strategic, business
and operational risks are covered. The charity also updated its Health and Safety, Risk Management and
Safeguarding policies as well as other policies to ensure that risks are identified and managed. Public and professional
liability insurance is held along with appropriate levels of insurance against other identified risks such as fire and theft.
Access lo safeguarding support is provided through a paid subscription to Thirtyone.'Eight. This support helps reduce
exposure to risk in these key areas. The subscripiion also includes an Employee Assistance Programme aimed at
promoting and supporting wellbeing.
Information A8surance and Data Protection
The charity has policies lo effectively manage Complian￿ with the General Data Protection Regulations (GDPRI
which are reviewed and updated regularty. All staff receive GDPR training relevant lo their role. Robust processes
8re in place to ensure that IT systems are secure and comply with recognised cyber secL5rity standards. These
systems are supported by an extemal IT professional.
Liabillties
The charity's main liabiltlies a￿ for stsffing, pensions, and premises costs. Appropriate insurance is maintained to
cover all identified liabilities and we have a reserves policy in place lo ensure adequate protection (see under
'Financial Review, below).

MOSAIC CHURCH COVENTRY
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees, re8ponslbilities In relatlon to the financlal Statements
The law applicable to charities in England and Wales requires the truslees to prepare financial statements for each
financial year, which give a true and fair view of the charity's financial activities during the year and of ils financial
position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow
best practi￿ and:
Select suitable accounting policies and then apply them consistently
Makè judgements and eslimales that are reasonable and prudent
State whether applicable accounting standards and statements of re¢ommended practice have been
followed. subject to any departures disclosed and explained in the financial statements., and..
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that Ihe
chariiy will continue in business.
The truste8s are responsible for keeping accounting records which disclose with reasonable accuracy the financial
position of the Charity and enable them to ascertain the financial position of the charity, and which enable them to
ensu￿ that the financial statements comply with the Charities Act 2011. The trustees are responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and deleclion of fraud and other
Irregularities.
The charity's trustees continue lo scrutinise the organisalion's finances In detail and financial stalemenls are
presented al each board meetings. All financial decisions are based on a full understanding of the ¢harity's reserves
position and the impact that future income and expenditure has on the overall financial situation.
Publlc Benefit Statement
In setting objectives and planning activities the trustees have complied with the requirements of section 17 of the
Charities Ad 2011 by giving due consideralion to the Charily Commission's public benefit guidance. In particular, the
Trustees consider how planned activities will contribute to the aims and objectives set.
The Trustees report was approved by the Board of Truslees.
Mark Nettleton
Trustee
Date..
17111125

MOSAIC CHURCH COVENTRY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MOSAIC CHURCH COVENTRY
I report to Ihe Iruslees on my examination of the financial statements of Mosaic Church Coventry (the charifyl for
the year ended 31 December 2024.
Responslbllities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011.
I report in respect of my examination of the charity's finanGial statements carried out under section 145 of the
Charities Act 2011. In Carrying out my examination I have followed the Directions given by ihe Charity Commission
under section 145(5)(b) of the Charities Act 2011.
Independent examlnerfs ststoment
Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body lisled
in section 145 of the Charities Act 2011. 1 confirm that l am qualified lo undertake the examination because l am a
member of Association of Accounting Technicans, which is one of the listed bodies.
Your attention is drawn lo the fact that the charity has prepared the financial statements in accordance with the
relevant version of the Statement of Recommended Practice applicable to charities preparing their financial
statements in accordanc& with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102) in preference to the AcGounling and Reporting by Charities.. Statement of Recommended Practice issued on 1
April 2005 which is referred lo in the extant regulations bul has now been withdrawn. l understand that this has
been done in order for the financial slalements to provide a twe and fair view in accordance with UK Generally
Accepted Accounting Practice.
I have completed my examinalion. I confirm that no matters have come lo my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of th6 charity as required by section 130 of the Charities Act 2011.
the financial statements do not accord with those records,. or
the financial statements do not comply with the applicable requirements concerning the form and content of
financial statements sel out in the Charities (Accoun15 and Reports) Re9ulations 2008 other than any
requirement that the financial statements give a true and fair view, which is not a matter considered as part of
an independent examination.
I have no concems and have come a¢ross no other matters in connection with the examination lo which attention
should be drawn in this report in order lo enable a proper understanding of the financial slalemenls lo be reached.
BAk&r
Jack Baker MAAT
First Floor
Eagle House
14 Queens Road
Coventry
CV13EG
18111125
Dated:

MOSAIC CHURCH COVENTRY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrèstrlcted Restrictsd
funds
funds
2023
2023
Total
2024
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
496.217
47,842
1,857
5,000
427,563
923,780
47,842
4,094
5,000
349,244
24,887
2,246
5,000
606.529
955,773
24.887
2,246
5,000
2,237
Total Income
550.916
429,800
980,716
381,377
606,529
987,906
Expendlture on:
Charitable activitles
469.999
447,360
917,359
378,464
518,500
896,964
Total expendlture
469.999
447,360
917,359
378,464
518.500
896,964
Net incomellexpenditure)
80.917
(17.560)
63.357
2,913
88,029
90,942
Transfers between
funds
(19,285)
19,285
(15,025)
15,025
Net movement In
fund$
61,632
1,725
63,357
(12,112)
103,054
90,942
Reconciliation of funds:
Fund balances at 1 January
2024
51.129
219,440
270,569
63.241
116,386
179,627
Fund balances at 31
December 2024
112.761
221,165
333,926
51,129
219,440
270,569
The slalemenl of financial activities includes all gains and losses recognised in Ihe year. All income and expenditure
derive from continuing activities.

MOSAIC CHURCH COVENTRY
BALANCE SHEET
AS A T 31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible asset5
13
19,617
27,817
Current assets
Debtors
Cash al bank and in hand
14
54,003
376,878
23.474
254,547
430,881
278,021
Credltors: amounts falllng due wlthln
one year
15
(116,572)
(35.269)
Net current a88ets
314,309
242,752
Total a88ets1088 current Ilabilitie8
333,926
270,569
The funds of the charlty
Restricted income funds
Unrestricted funds
17
18
221.165
112,761
219,440
51,129
333,926
270,569
The financial statements were approved by the Irustees on 17111125
kNe
Mark Nettleton
Trustse

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcies
Charlty Infomlation
Mosaic Church Coventry is a Charilable Trust. The principal address 18 Hope Cenlre, Vauxhall Street,
Coventry. CV15LF
1.1 Accounting conventlon
The financial statements have been prepared in accordance with the charity's governing document, Ihe
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
and the Charrties SORP "Accounting and Reporting by Charities. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102)" The charity is a Public Benefit Entity as defined by
FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required lo provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for Charities applying FRS 102 rather than the version of the Statement of
Rècommended Practi￿ which Is ref8rred to in the Regulations but which has since been withdrawn.
The financial slalements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financi215talemenls are rounded to the nearest £.
Th8 financial statements have been prepared under the hislorlcal cost convention. The princlpal accounting
policies adopted are sel out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees
Continue lo adopt the going concern basis of accounting in preparing the financial Statements.
1.3 Charltable funds
Unreslricled funds are available for use at the discretion of the IrLtstees in furtherance of their charitable
objectives.
Reslricled funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the reslricled funds are sel out in the notes lo the financial slalemenls.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been mel,
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been nolified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised al the lime of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
contingent asset.
Govemment grants are recognised based on the accrual model and are measured al the fair value of the
asset received or receivable. Grants are classified as relating either to revenue or lo assets. Grants relating to
revenue are recognised in income over the period in which the related costs are recognised. Grants relating to
assels are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is
deferred, it is recognised as deferred income.

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policles
Icontlnuedl
1.5 Expenditure
All expenditure is recognised once there is a legal or Gonstruclive obligation lo that expenditure, it is probable
settlement is required and the amount ¢an be measured ￿lIablY. All costs are allocated to the applicable
expenditure heading that aggregate Similar costs to that category. Where costs cannot be directly allributed lo
particular headings they have been allocated on a basis consislenl with the use of resources, wilh central 51aff
costs allocated on the basis of time spenl, and depreciation charges allocated on the portion of the asset's
use. Other support costs are allocated based on the spread of staff cost5.
Chafitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. 11 includes both costs that can be allocated directly lo such activities and those
costs of an indirect nature necessary to 5UPPOrt them.
Support costs include central functions and have been allocated lo activity cost categories on a basis
consistent with the use of resources, for example, allocating property costs by floor areas, or per capila, staff
costs by the lime spent and other cosls by their usage.
Govemance costs are attributable lo the charity's compliance with constitutional and slatulory requirements,
includlng audit, strategic management and trustees's meetings and reimbursed expenses.
1.6 Tanglble flxod a3•ets
Tangible fixed assets are inilially measured at cost and subsequenlly measured al cost or valuation, net of
depreciation and any impairment losses.
Depreclation is recognised so as to write off the cost or valuation of assets le$s their residual values over their
useful lives on the following bases..
Fixtures, furniture & equipment
Motor vehicles
Slraight line over four years
250A reducing balance method
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairnient of fixed assets
Al each reporting end dale, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the assel is estimated in order to determine the extent of the impairment
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call wilh banks, other short-term liquid
investments with original malurilies of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial Instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instrument5, and Section 12
'Olher Financial Instruments Issues, of FRS 10210 all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when
there is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a net
basis or lo realise the asset and settle the liability simultaneously.
10-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcies
(Continued)
Basic financial assets
Basic financial assets, which include debtor5 and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
inleresl method unless the arrangement conslitules a financing transaction, where the transaction is
measured al the present value of the future receipts discounted al a market rale of interest. Financial assets
classified a5 receivable within one year are not amortised.
Basic financlal liabilitles
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangemènt constitutes a financing Iransaclion, where the debt instrument is measured at the present
value of the future paymen15 discounted al a market rale of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently Carried at amortised cost, using ihe effective interesl rate method.
Trade creditor5 are obllgallons to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amoijnls payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al
transaction price and 5ubsequenlly measured al amortised cost using the effective interest method.
Derecognltlon of Ilnanclal Ilabllhles
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benèflts
The cost of any unused holiday entitlement is r8cognis8d in the period in which the employee's sep4ices are
received.
Temiinalion benefits are recognised immediately as an expense when the charity is demonstrably committed
lo terminate the employment of an employee or to provlde lermlnalion benefits.
1.11 Retlrement beneflts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Crltlcal accountlng 08tlmates and ludgements
In the application of the charity's accounting policies, the trustees are required to make judgements. estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historirAI experience and other factors that
are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoin9 basis. Revisions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Donations and legacies
Unrestricted Restricted
funds
funds
Total
Unrestricted Rostricted
funds
funds
Total
2024
2024
2024
2023
2023
2023
Donations and grants
Gift aid recovered
467.050
29.167
427.563
894.613
29,167
331.259
17,985
606.529
937,788
17.985
496.217
427.563
923.780
349,244
606,529
955,773
12-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from charitable activities
Unrestrlcted
fund8
2024
Unrestricted
funds
2023
Church Actlvltes
Mosaic Brew
Church events
20,352
27,490
13,171
11,716
47,842
24,887
Income from Investments
Unrestrlcted Restrlctsd
funds
funds
2024
2024
Total Unrestrlcted Restrlcted
funds
fund•
2023
2023
Total
2024
2023
Interest receivable
1,857
2,237
4,094
2,246
2,246
Other income
Unrè#trlcted Unrestrlcted
funds
funds
2024
2023
Other income
5.000
5,000
Other income includes £5,000 employers allowance {2023 £5,000>
13-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Charitsble activities
Church
Actlvities
2024
Church
Activltieg
2023
Wages and support staff (see note 11)
Depreciation and impairmenl
Hope hub costs
Hall hire
Events
Mission and ministry gifis
Travel and motor
Ministry resource$
Catering and hospitality
Adminislralion and management costs
General expenses
IT and media costs
Accountancy. professional and support costs
Repairs and maintenance
Utilities
Coleshill Manor costs
352,788
8,200
34,906
154,155
30.436
70,409
17,309
26,572
37,921
9,692
20,119
1,342
62.462
42,061
11.277
22,204
297,022
15,838
31,186
27,216
24,457
25,729
29,120
47,881
48,833
6,399
5,151
3,393
70,460
20,201
2,333
185.890
901,853
841,109
Grant funding of actNlties (see note 8)
Share of governance costs (see note 9)
15,006
500
55,355
500
917,359
896,964
Analys18 by fund
Unreslricled funds
Restricted funds
469,999
447,360
378,464
518,500
917,359
896,964
14-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payable
Church
Activities
2024
Church
Activltles
2023
Grants to institutions:
Groundlevel
Hope Coventry
Cherished Hearts
Carriers of Hope
Feed the Hungry UK
Trussel Trust
Destiny Fellowship
Hagar Ministries
Bulgaria Propheli¢ House Church
2,400
760
2,200
960
800
51,395
2,000
350
996
2,000
6,500
15,006
55,355
Support costs allocated to actlvltle*
Church
A¢tivitle8
2024
Total
2023
Governance
500
500
2024
2023
Governance co8ts compr18e:
Independent examination
500
500
500
500
10 Trustees
None of the Iruslees lor any persons connected with them) received any remunefalion or benefits from the
charity during the year. (2023 None)
15-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Core operations
Administration
Church programes
Tolal
17
15
Employment co$ts
2024
2023
Wages and support costs
Social security costs
Other pension costs
334,151
14,539
4,098
280,438
13,322
3,262
352,788
297,022
Wages and support cosls includes £91,858 paid to Contractors (2023 £86,492)
The remuneration of key management personnel and connected persons during the year was £90,160 (2023-
£88,144). These included payments lo contractors.
The average monthly full time equivalent headcounl including part time was 812023 7)
There were no employees whose annual remuneration was more than £60,000.
12 Taxatlon
The charity is exempl from tax on income and galns falling within sectlon $05 of the Taxes Act 1988 or section
252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Tangible fixed assets
FSxturo•,
furnlture &
oqulpmgnt
Motor
vohl¢l•
Total
Cost
Al 1 January 2024
49,399
46,500
95.899
At 31 December 2024
49,399
46,500
95,899
Depreciation and Impalmient
At 1 January 2024
Depreciation charged in the year
47,738
1,661
20,344
6,539
68,082
8,200
At 31 De￿mber 2024
49,399
26,883
76,282
Carrylng amount
At 31 December 2024
19,617
19,817
At 31 December 2023
1,661
26.156
27,817
14 Debtor•
2024
Amounts falllng due wlthln one year..
2023
Trade debtors
Other debtors
2,204
21,270
54,003
54,003
23,474
16 Creditor8: amounts falllng due wlthin one year
2024
2023
Other taxation and soclal securty
Trade creditors
Other creditors
7,735
27,237
81,600
6,439
28,830
116,572
35,269
16 Retlrement benefft schemos
2024
Defined contribution schemes
2023
Charge to profit or loss in resped of defined contribution schemes
4,098
3,262
17-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Retirement benefit schemes
(Continuedl
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
Contributions lotalling £1,173 (2023 - £732) were payable to the fund al the balance sheet date and are
included in creditors.
18-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Restricted funds
The restricted funds of the charrty comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may
be used.
Movement in funds
Incomlng
Resourc05 Translgrs
rpsour￿5
x￿n￿•d
Movement in funds
Incomlng
Rosourc95
rnsourc•s
èxponded
8alanc• at
l January 2023
Balanco at
1 January 2024
Transfo
Balan￿ at
31 Dgcambgr
2024
Albania Fund
WM Police Fund
Nalional Lottery Hope Hub Grant
Pastors Fund
Foodbank Grants and Donations
Building Fund
Coleshill Manor Fund
Mission Fund
Cost of Living Grant
5.549
12,575
2,500
234,744
55,OtM)
{14.474)
(4.856)
(249.086)
(58.144)
(6.050)
3.650
43,743
(39,941)
7,452
2,356
9.525
3.144
4,817
145.066
(142,397)
2.669
7.355
55.089
43,576
3.250
171.453
34.690
6.397
3,618
2,042
136.469
23.862
75,OiYJ
(6.246)
622
173,495
30.304
6.623
116,364
177,004
6.397
(185.890)
{140.855)
(23.636)
(94.285)
19,285
116.386
606,529
(518.500)
15.025
219.440
429.800
(447,360)
19.285
221.165
19-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Restricted ￿ndS
(Continued)
Albania Fund- Supports the c05t of full time missionary in Sarande Albanta
National Lottery Hope Hub Grants and Cost of Ltving Grant- National Lottery funding for oulreach projects at the Hope Centre
Foodbank Grants and Donations - Various small grants arKI donations to support the work of the foodbank
Pastor Fund - Costs associated with the Lead Pastor
WM Police Fund IAII Churches Trust- Grant and funds to support the work and projects undertaken at the Hope Hub
Building Fund - Funds donated towards the costs of developing a new church building
Coleshill Manor Fund - Temporary accommodation for Ukrainian refugees under the govemment's Home for Ukraine stheme
Mission Fund _ supports the costs of churches. charities and missions in the UK arKI worldwide
-20-

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been sel aside out of unreslricled funds by the trustee5 for specific purposes.
At 1 January
2024
Incomlng
resource8
Resources
expended
Transfern
At31
DeGember
2024
General funds
51,129
550,916
{469.999)
(19,285)
112,781
Prevlou8 year:
At 1 January
2023
Incoming ReSoU￿e8
resources
expended
Trangfer8
At31
December
2023
General funds
63,241
381,377
1378.464)
(15,025)
51,129
19 Analy816 of net assets between funds
Unrestrlcted
fund8
2024
Restrlcted
funds
2024
Totsl
2024
At 31 December 2024:
Tangible assets
Current assetsl(liabilitiesl
19,617
93,144
19,617
314,309
221,165
112,761
221.165
333,926
Unrestrlcted
funds
2023
Re8trlcted
funds
2023
Totsl
2023
At 31 December 2023:
Tangible assets
Current assetsllliabilitiesl
1,661
49,468
26,156
193,284
27,817
242,752
51,129
219,440
270,569
21

MOSAIC CHURCH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 Related paty transactions
During the year the charity entered into the following transactions with related parties..
Mark Nettleton
The charity paid Amplifyouth Ltd £15.000 (2023 £10,500) in the year, a company which Rebecca Nettleton,
wife of Mark Nellleton, owns 1000A of the issued share ¢apital of the company. The balance due to the
company al the end ofthe year was £Nil {2023 £Nil)
Grants received
Grants received in Ihe year from Imagine The Day of £235,146 (2023 £366,745). A charity where Andrew
Edmislon is a trustee.
21 Analys1$ of change8 In net funds
The charity had no material debt during the year.
-22-