Image magick / GD transparency clipping of animated gif frames

Let's consider the following scenario:
You want to split a gif in individual frames, that can be done nicely with image magick with the following code
convert canvas_prev.gif -scene 1 +adjoin  frame_%03d.gif
Then you want to copy another image over each resulting frame
composite -gravity center frame_001.gif new.gif composed_frame.gif
And here's the catch. When you copy the frame over the new image image magick the transparency around the image frame gets clipped and the positioning will be different.

A way that I've found to get around this issue is to use -coalesce option.
What the heck does that do you ask?
Well the documentation from image magick says:
Fully define the look of each frame of an GIF animation sequence, to form a 'film strip' animation.
But an image is better than a thousand words so you can look here
As you can see the main difference is that if you have an image of 3 frames they're not going to be split as 1.gif, 2.gif, 3.gif but as 1.gif, 1+2.gif, 1+2+3.gif