MOSAIC CHURCH COVENTRY
Furtherance of the Christian Faith
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £112,761 exceeded the trustees' stated policy target of two months' unrestricted expenditure, valued at £78,333. The charity reported a net income surplus of £63,357 for the year, with total income of £980,716 against total expenditure of £917,359. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant.
What the accounts disclose
“The trustees have determined a general reserve of two months unrestricted expenditure should be maintained. At the end of this year this is equivalent to £78,333” — page 6
“The charity paid Amplifyouth Ltd £15,000 (2023 £10,500) in the year, a company which Rebecca Nettleton, wife of Mark Nettleton, owns 100% of the issued share capital of the company.” — page 25
“Grants received in the year from Imagine The Day of £235,146 (2023 £366,745). A charity where Andrew Edmiston is a trustee.” — page 25
“The charity paid Amplifyouth Ltd £15,000 (2023 £10,500) in the year, a company which Rebecca Nettleton, wife of Mark Nettleton, owns 100% of the issued share capital of the company.” — page 25
“Grants received in the year from Imagine The Day of £235,146 (2023 £366,745). A charity where Andrew Edmiston is a trustee.” — page 25
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £981k | £917k |
| 31/12/2023 | £988k | £897k |
| 31/12/2022 | £977k | £928k |
| 31/12/2021 | £485k | £466k |
| 31/12/2020 | £403k | £331k |
Common questions
Is MOSAIC CHURCH COVENTRY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £112,761 exceeded the trustees' stated policy target of two months' unrestricted expenditure, valued at £78,333. The charity reported a net income surplus of £63,357 for the year, with total income of £980,716 against total expenditure of £917,359. The independent examiner confirmed that no matters came to their attention giving cause to believe the financial statements were materially non-compliant. Its FY2024 accounts were independently examined.
Who funds MOSAIC CHURCH COVENTRY?
Funders whose own accounts filings name MOSAIC CHURCH COVENTRY as a grant recipient include IMAGINE THE DAY LIMITED, WEST ORCHARD UNITED REFORMED CHURCH CHARITY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| IMAGINE THE DAY LIMITED | FY2022 | £471k | Support for multiple ministries and outreach, including Ukraine Project (£316,500) and Operations Support (£155,000) |
| IMAGINE THE DAY LIMITED | FY2023 | £471k | Ukraine Project |
| IMAGINE THE DAY LIMITED | FY2025 | £295k | Grants paid to Mosaic Church Coventry |
| IMAGINE THE DAY LIMITED | FY2024 | £235k | Grants paid to Mosaic Church Coventry |
| IMAGINE THE DAY LIMITED | FY2021 | £160k | Support for multiple ministries and outreach |
| IMAGINE THE DAY LIMITED | FY2023 | £155k | Operations Support |
| IMAGINE THE DAY LIMITED | FY2023 | £96k | Ukraine Project |
| WEST ORCHARD UNITED REFORMED CHURCH CHARITY | FY2021 | £338 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/06/2023 | £9k | Hope Garden |
| The National Lottery Community Fund | 05/02/2021 | £10k | Hope Hub |
| UK government | 07/10/2020 | £46k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 21/10/2019 | £10k | Hope Centre Family Support |