NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
New Covenant Fellowship Church
(A company limited by guarantee)
Annual Report and Flnancial Statements
For the year ended 31st October 2020
Charlty number: 1147874
Company number: 7810922
Annual Re￿rt and FinarKioI Statements-yearendin8 3111 CXtobÈr 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
New Covenant Fellowshlp Church
(a company limited by guarantee)
Annual Report and Financial Statements
For the year ended 31" October 2020
Contents
Page
Reference and Admlnlstrative Information
A3
Management Commlttee Report
Responsiblllty of the Mana8ement Commlttee
Independent Examinerfs Report
Statement of Income and Retained Earnlngs
Statement of Financial Positlon (Balance Sheet)
Notes to the Financial Statements
A4
Detailed Income Statement
Notes to the Detailed Income Statement
io
Annual Re￿rt and FIna￿la1 Statèments-yearendiry al# (k¢0￿r 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
Reference and Admlnlstrative Informatlon
New Covenant Fellowshlp Church INCFC)
The Trustees present its Management Committee Report and independently examined financial
statements for the year ended 31" October 2020.
Referen¢e and Admlnlstratl¥e Inforniatlon
Charlty Name..
Charity Registration Number..
New Covenant Fellowshlp Church
1147874
Company Re8lStratlon Number:
7810922
Re8lStered Office:
28 Whlpperley Way. Luton, LUI 5LG
Operational Address..
Kestin House. 45 Crescent Road, Luton, LU2 OAH
Management Commlttee (Board of Trustees)
Mr J Henrique dos Santos
Mrs I d05 Santos
Mrs S Graham- Chair
DrSJPam
Mr N Lannap
Treasurer: Mr D Graham
Independent Examlner of Accounts
Mr Chris Soper, 20 Furzen C105e. Dunstable,
Bedfordshire. LU6 3EN
Bankers- HSBC, l High St￿et. Harpenden. AL5 2RS
Annual Report and Financial Statemerts-yeai ending 31rt Ortober 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
Management Committee Report
Structure, Governance and Management
Governin
New Covenant Fellowship Church INCFCI is a charitable company Ilmlted by guarantee. It was
incorporated on 14 October 2011 and reglstered as a charity on 28 June 2012. The company
was established under a Memorandum of Association which estsblished the objects and powers
of the charitable company and is governed under its Articles of Association. In the event of the
company being wound up members a￿ required to contribute an amount not exceeding £10.
ecruitmen
an
f h Mana
mm
The Directors of the company are also the charity trustees for the purp05e5 of charlty law and
under the companvs Articles are known as members of the Management Committee. Under
the requlrements of the Memorandum and Articles of Association, Directors continue in office
until they re5i8n. are removed or pass away.
There Is a variable term for Membership tenure. This is reviewed informally. As and when new
members are requlred, potential candidates wlll be Identlfied based on thelr skllls. experience
and involvement wlth NCFC. The Management Commlttee seeks to maintain a range of
appropriate organlsatlonal and busine55 skills on the committee.
Due to thelr overslght and re5ponslblllty for the Chlldren's Mlnistry. the Management
Committee undertake a Dlsclosure and Barring Service ID8S} check.
J Henrique dos Santos and Ivanilde dos Santos a￿ both members of the Management
Committee and Pastors of the church. J Henrique dos Santos and Ivanilde dos Santos are
remunerated by the church for their roles as Pastors and are also pemitted to be members of
the Management Commlttee in accordance with the Memorandum and Articles of Association
and by the Charity Commission. No other members of the Management Committee are
remunerated and receive no beneffts from the charity.
rustee induction and trainin
During 2019-2020, no new trustees were appointed to the Board. The existing Trustee5 are all
familiar wlth the work and life of the church and hold positions of responsibility within the
church in addition to bein8 a Trustee.
Annual Report and Financial Ststemerts-year endlng 311# October 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
Potential new Trustees will be provided with information on the roles and responsibilities of
Trustees as part of an initial scoping conversation. The information will include previous minutes
and company documents le.g. Annual Reports). Potential candidates will need to successfully
pass an interview proce55 invofving the Chair and other Trustees before being appointed.
Rlsk M
emen
The Management Committee has considered the major ri5ksto which the charity is exposed and
has identified mitl8atin8 actions in pla￿ to overcome these risks.
nisation
Five members seThed on the NCFC Board of Trustees durln8 2019-2020. The Board can be
expanded as the charlty requires. The Trustees meet approxlmatety four tlmes a year and they
cover the financial and administratNe matters of the charity- The Trustees have a mixture of
Christian, charity and professional background5 relevant to the work of NCFC.
The splritual leadership of the church has been delegated to the Pastors by the Trustees.
Consequently, the Pastors are responsible for setting the splrltual dlrectlon for the church. To
support the Pastors, the church has a Pastorsupport Group who support the Pastors In splrltual
and leadership matters. The Pastor Support Group also oversee or support various functions
within the church.
kin
rocesses
NCFC has a number of declslon-maklng processes In place to ensure that decisions are made in
accordance with the aims and oblectlves of the charity and ensure good financial management.
The key decision-makln8 processes in place are a5 follow5:
l. Spiritual matters- delegated to the Pastors.
2. Financial matters - expenditu￿ up to £2￿7 can be carried out independently by the
Pastors. Expenditure over £2(Kl has to be agreed by the Trustees.
3. Governan￿ matters- carried out by the Trustees.
Rela
ed Parti
The charity is affiliated to New Covenant Fellowship in Brazil Ilgreja Evangelica Nova Aliancal. It
supports a Luton-based based Christian organisation. Azalea Iworking with vulnerable women).
AnThual ReFQrt and Financial Ststements-￿arendblVa3lll October 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
in Lutonl. It Is also supports a number of Christian charitie5 and outreach projects including
Compassion UK Open Doors and Hands of Mercy.
Fin
l Review and Reserv
The church receives its funding from tithes. offerings and donations given by members of the
congregation. The church's income increased by just over 5% in the financial year. This is
mlraculous given the impart of Covid on society in 2020. Despite Covid. the church continued
to support various local and overseas missionary activities to support its mission of advancing
the Christian falth for the public benefit.
NCFC alms to hold sufficient unrestrlcted funds not designated or invested In fixed assets li.e.
"free reserves") to meet three months expected commltted expendlture. In 2019-20, the charlty
had sufficient resenies to meet thi5 level of expenditure. Mitigating action will be taken should
reseThes drop below the required level.
ObJectlve5 and Actlvltles
New Covenant Fellowship Church is a re8iStered charity and a company limited by 8uarantee.
The charlvs objects contalned In the companvs Memorandum of Assoclatlon are:
To advance the Christian faith for the public benefit.
The church has an overarching goal to 'make Jesus too blg to Ignore., The church's vlsion and
mlsslon Is based on seven key prlnciples which govern the priorltles and focus of the church.
The seven key principles are:
11 Love God
21 Love people
31 Live accordlng to the Word of God {the Hoty Bible)
41 Live in the power of the Holy Spirit
51 Llve a life of holiness
61 Live a life of freedom
71 Live a life of revelation
The Trustees have regard to the Commission's public benefit guidan￿ when exercising any
powers or duties to which the guidan￿ is relevant and take this into account when planning the
Anftual Report and Finandal Ststements-yearendlre3151 Ortoter 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
activities and focus for the year. Although the church continued key activity to help fulfil its
purpose and mission, normal church artNity was Significant￿ disrupted from March 2020 due
to the onset of the Covid pandemlc and the subsequent lockdowns on UK soclety.
Performance and Achievements
As stated above, the church carried out a limtted range of actlvitles durlng the year from March
2020 due to the Covid pandemic:
Core church activlty
Main Sunday daytime service - between November 2019 and early March 2020, thls
took plao In-person, Incorporatin8 worshlp. teachln& preachln& prayer and a Sunday
Club for the chlldren and youn8 people. Once the Covid lockdown wa5 announced In
March 2020, the church service took place online as in-person services were not
pemiltted. In-person services resumed once these were perrnitted. Subject to
government 8uidelines. and were continued to be broadcast online. However the
Sunday Club dld not run from March 2020 due to the Covld restrictions. The Sunday
seNices were open to all church and non-church members.
The young adults group118+) met in person (prior to March 20201 and then online once
the Covid restrictions started.
Cell groups- the weekly meetln8s of smaller groups of church members contlnued but
took place online. They continued to help develop the spiritual growth and fellowship
of church members and accountability within the church.
Baptism for church members- a baptlsm took place in July 2020.
Prayer, intercession and healin8 services- these took place in-person prior to the Covld
restrictions but then took place online after March 2020.
Structured bible reading plans.
Truinlng ond discipleship
Christian growth discipleship course-thls contlnued In-person prlorto March 2020 and
Started a8ain online in September 2020 due to the Covid ￿striCtl0n$.
Conftrence5
Encounter with God Conferen￿5~ these did not take pla￿ during the financial year.
due to the Covid ￿$trirt1on$.
A7
Annual ReFQrt and FiTrarK￿l statemerlts-￿ar endlng 31A Ortober 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
Women's Conferen￿ andlor felbwshlp activities - these took place prior to March
2020 but then paused due to the Covid ￿StrictIOnS.
Men's conference andlor fellowship and artNities - these took place prior to March
2020 but then paused due to the Covid ￿striCtl0n$.
During the financial year, the church also supported missionary actr¥ity in Thailand and Rwanda
and continued to sponx*r two children through the charity, Compasslon.
Plan
NCFC Is committed to fulfil its mlsslon and vision of loving God. loving people and maklng Jesus
tIK> bi8 to Ignore. As UK society continues to adjust out of lockdown. NCFC will also resume a
number of the core attlvlties (that were paused durlng the Covid lockdowns) and/or seek to
expand on exlsting actlvltles. The following actNities are ￿ntral to NCFC fulfilllng Its vlslon: the
main Sunday setvlce, Intercession. healin& inner healin& prayer support, discipleship and
trainin& men's and women's ministries, evan8elistlc outreach, teens and young adults. work
and missionary support.
Responslbllltles of the Management Commlttee
Company law requlres that the Management Commlttee prepare flnanclal statements for each
firtancial year whlch 8lve a truè and fair view of the state of the affairs of the charitable tompany
as at the balance sheet date and of its incoming resources and applications of resources,
Includlng Income and expenditure, for the financial year. In preparing those financial
statements, the Management Commlttee should follow best practice and..
select suitable accounting policies and then apply them consistentlyi
make judgments and estimates that are reasonable and prudent: and
prepare the financlal ststements on the going concern basis unless it is not appropriate
to assume that the company will continue on that basis.
The Management Committee is responsible for maintsining proper accounting records whlch
disclose with reasonable accuracy at any time the financial position of the charitable company
and'to enable them to ensure that the financial ststements compty wfch the Companies Act
1985, plus the Financial Reportin8 Standard for Smaller Entities. The Management Committee
Annual Rewjrt and Financial state￿￿[￿- yearending 311¢ October 2020

NEW COVENANT FELLOWSHIP CHURCH
A place to love God and love people
is also ￿SponSible for 5afeguardin8 the assets of the charitable company and hen￿ for taking
reasonable steps for the prevention and detettion of fraud and other irregularTrties.
Mem
f the Mana
ement Commi
Members of the Management Committee. who are Directors for the purpose of company law
and trustees for the purpose of charity law. who served during the year and up to the date of
thls report. are set out on page A3. Donald Graham continued to Serve as the treasurer but does
not serve as a trustee.
In accordance with company law, as the compan￿$ directors. we certify that:
so far as we are aware, there is no relevant inforniatlon of whlch the companvs
Independent examiner of accounts is unaware",
as the directors of the company we have tsken all the steps that we ought to have taken
in order to make our5efves aware of any relevant information and to estsbllsh that the
charitys independent examiner of accounts is aware of that infomiation.
Mr Chris Soper was appointed as the charitable comparfs accountant and independent
examiner of the accounts.
The Trustees consider that an audit Is not required for this year under Section 43121 of the
Charlties Act 1993 (the 1993 Act) and that an Independent Examination is needed.
Approved by the Management Committee on
ol
loLI and signed on its behalf by:
Mrs S Graham (Dlrertor)
Annual Re￿rt and Financol State￿￿￿-ve3r endlng 31st cttober 2020

New Covenant Fellowship Church
Company Limited by Guarantee
Independent Examlner's Report to the Board of Dlrectors on the Preparation of
the Unaudited Statutory Flnancial Ststements of New Covenant Fellowship
Church
Year ended 31 October 2020
I report on the Accounts of the Charity for the year ended 31° October 2020 which are set out on the
following pages.
The Charrty's Trustees are responsible for the preparation of the Accounts. The Chanty'5 Trustees
onsider that an audit is not required for this year under Section 43{21 of the Charitse8 Act 1993 (the
1993 Aetl and that an Independent Examination is needed.
It is my responsibility to..
examine th• Accounts under Section 43(3}lal of the 1993 Act..
follow the procedures la￿ down in thè Gonoral Dirgction8 given by the Chgrily
Commi881on undor SoGt*)n 4317)(bl of the 8ahl 1993 Act., and
slatg whether particular matter8 havo comg to my attention.
My examination was carried out in accordance with the General Diredions given by the Charity
Commi88ion. An examination includes o review of the accounting records kept by the Charity and 8
comparison of the acGounls presented wrth Ihosfj record8. 11 also includes conS￿eration of any
unusuol such matters. The procedures undertaken do not provide all the evidence that woulty bg
required in an audr(, and consequently I do not express an audit opinion on the vigw givgn by the
Account8.
In connection with my examination no matter has come lo my attention..
111 which gives me reasonable cause lo believe in any material respect the requiremgnls
lo keep accounts'ng records in accordance with Section 41 of the Charities Act 1993..
and
lo preparè Ae¢ounts wthich a¢¢ord with th• attounting r•cord$ and lo compty with
the accounting requirements of the Sa￿ 1993 Act havo I￿1
been met. or
12} lo whlch, In my Opin￿￿. attent￿n should be drawn in order to enable a proper understanding
of the Accounts to be reached.
C WSOPER FCCA
20 FURZEN CLOSE
DUNSTABLE
BEDS,
LU6 3EN
DATE.. 2021

New Covenant Fellowship Church
Company Limited by Guarantee
ststement of In¢ome and Retalnod Earnlngs
Year ended 31 October 2020
2020
2019
Turnover
69,456
66,084
Op8ratlng Income
69,456
66,084
AdmlnislratNe expon588
Other operating income
Surplus I Idgllcletl Incomg & Expondltuv?
76.126
17,005
73,532
15,005
11.396
7,557
Surplus bgforn taxatlon
11,395
7,557
Tax on surplus
Surplu3 for the flnaTrclal y••r and toi•l comprehon*lvo Incom8
11,395
7,557
Retalnod ••rnlngJ at th• $tsrt of th• year
R•taln•d earnlng8 at th• •nd of the year
47,157
58.552
39,600
47,157
All the activit￿8 of the company are from ¢ontlnuing operntW5.
Th• not•• on pag•s S to 7 forni of th￿0 fin•nelal #tst•m•nts.

New Covenant Fellowship Church
Company Limlted by Guarantse
Statement of Flnanclal Posltlon
31 Octobor 2020
2020
2019
Flxed assots
Tangible assets
4,389
7,666
Current assots
Cash at bank and in hand
39,783
Credltor8: ttmounts falllng due wlthln one year
N•t curr•nt ass•ts
292
54.163
39,491
47,157
Total a¥¥gts l¢si currènt118blllil
58,552
N•t a888ts
SB.532
47.157
Capltal and reserv
Profil and loss account
68,562
58,552
47,157
47,157
Mornbèrn fund8
Thes8 financial slalements havg been prèpared in accordance with Ihg provisions applicable to
¢ompanies subject lo the small compani8s' regime and in acCO￿anCe with FRS 102 'The Financial
Reporting Standard applicable in th8 UK and Republic of Irgland,.
For th¢ year ending 31 October 2020 the company w8$ entitled lo exemptson from audit undor soction
477 of the Companies Acl 20C6 relating lo small companies.
Dlreclors. fe8ponsibililieJ'.
The mombers have not requirnd the company lo obtsin on audfl of its finan￿81 8t*8ments for the
year in question in a￿ordance with 8ecth?n 476",
The dire¢tor8 acknovledge their responsibilities for comptying with the requirom¢nls of the Act
wrth respect lo accounling ro¢ords and the preparation of financial $tatement8.
These financial Statements were 8pppJved by the board of directors and aLrthori$ed for 188ue
on .l.f.l.Q.7.1.￿U. and •ro signed on behall of the board by..
S Graham
Director
Company registration number. 07810922
Th• nots• on pagea 6 to 7 form part ol th￿? finanehl stst•ments.

New Covenant Fellowship Church
Company Llmited by Guarantee
Notss to the Financlal Statements
Year ended 31 October 2020
General Inforniatlon
Th• company is a private company limited by guarantee, registe￿ in England and Wales. The
8(4dress of the re9islered office is 28 ￿IpPed￿Y Way, Luton, Beds, LU15LG.
Stat8ment of cornpllanco
These firbancial statements have been prepared in compliance with Section 1A of FRS 102, 'The
Financial Reporting Standard applicable in the UK and the Republic of Ire￿nd..
Accountlng pollclvJ
Bag1¥ of prgparatlon
The financial slalements have been prepare(l on the historic81 cost basls, as mtsJ1fi8d by the
revaluation ol certain financial assets and liabilities and investment properties measured at fair
value through profrt OT b8S.
Th6 financial 8taten*nts are prepared in sterting. wh￿h Is thè functional currency of the enlty.
Tanglblo a•$•ts
Tangible a88els aro initialty recorded at C08t. and 8ub8equ8nlty $tat8d at Cost le88 any
accumul8led depreciation and impaimienl los$e$. Any tangible a¥¥els carried al revalued
amounts are recorded al the fair value at the date of rev81uation less any Subsequent
accumulated depreckgtion and 8ub6equent accumulated impaimwnl108888.
An increase in the carying amount of an asset 88 a rn8uh of o r•vaIu8t￿n. 18 r•cogni8•d In oth•r
comprehensive income and accumulat¢d in equty, except to the gxtenl f¢ revelses a revaluation
decrease of the 88me as￿1 pre￿o￿$1Y recognised in profil or 1088. A decrea8e In the carying
amount of an 85581 a8 a resutt of revaluation. is recogni88(f in other comprehensive income lo
the extent of any previously recognised revaluation increase accumulated in equity in resped of
that asset. Where a revaluat￿n decrease exceeds the accumulated revaluallon gains
accumulated In equty in respect of that asset, the exce88 shall b• recognised in prorrt or loss.
Deprnclatlon
Depreciation is calculated so as lo write off Ihe cost or valualK)n of an a8$el. less Its re8klual
value, over th• useful ecommic lrfe of that asset as foll(rws'.
Musi￿1 & ￿￿nd oquipment
25% 8trnighl line
Imp*Srmont of flx•d au•l•
A revtew for indicators of impairmnt 1$ carrigd out al each rgporting dale, with the recoverable
amount being estimated where such indicators exist. INhere the carrying value exceeds the
recoverable amount. the asset 1$ impaired a¢¢ordingty. Prior imp8im)enls a￿ also reviewed for
possiblè revèrBal al each reporting date.
FOT the purposes of impaimient lesling, when rt is not possible to eslimale the recoverable
amount of an individual asset, an estimate k8 made of the recoverable amount of the ca$h-
generating unit lo which the asset belong5. The Cash￿enerating unrt Is the small95t identifiable
group of assets that includes the asset and generates cash inflows that largety indepondenl of
the cash inflows from other assets or groups of assols.

New Covenant Fellowship Church
Company Limlted by Guarantee
Notos to the Flnanclal Statements {coftUnu
Year ended 31 October 2020
Accountlng pol1cl￿ feoniiftu•d)
Impalrment of flxed assets (¢oniiftu•
For impaimienl testing of g¢)0￿111, the goo(h¥ill acquired in a business combination is. from the
acquisrtion dale. allo￿ted to each of the cash4eneraling units th* are expected lo benefit from
the synergies of the combination. irrespective of wthether other assets or liabilrties of the
company are assigned to those units.
Flnanclal Instrum•nts
Finan¢lal Iw4bilitie5 and equity instruThnls affj classrfi8d according to the subslaneA of the
contractual arr8ng•m¥nls Onlered into. An equity instrum•nl is any contract Ihgt evidenc08 a
residual interest in the as¥els of Ihe enlrty after deducting all of rt$ financial liabilits88.
Where the contractual obligations of financial instruments (including share capilall are equivalent
to a similar debt irt8trumenl, Ih08e financial instruments are Classed as financial liabilities.
Financial liabilit￿$ are presenled as such in the balaneè sheet. Finance costs and gains or
kJ$oes relating lo financial liabili(ies are inGluded in the pfofil and loss account. FinanGe Gosl8 are
calculated 80 88 lo produco a ￿nstant rale of return on th8 oulslanding liabilty.
ere the conlrnctual temis of shaffj Gapital do not ha￿ any leffts meeting the definition of
financial liabilty then this 18 Glassed as an equty instrumenl. Dividends and di8tribulion$ relating
lo equity instruments ar8 d8bited dirod lo oquty.
Company IlmFt•d by gu•rant
The company ha8 no share capital and is limited by guarantee.
Surplus beforn taxatlon
SU￿1￿¥ b*for• l•x8ti¢)n 18 Jtat•d aft•r chargin9.'
2020
2019
Depreci8tion of tangible assets
3,277
Tanglbl• ••#•ts
Equipment
Totsl
C￿1
At 1 NoveM￿r 2019 and 31 Oclobor 2020
13.110
13,110
Depro¢latlon
Al 1 November 2019
Charge for the year
At 31 October 2020
3,277
8,721
3,277
8,721
Carryln9 amount
At 31 October 2020
4.389
4,389
At 31 October 2019
7.666
7,666

New Covenant Fellowship Church
Company Limited by Guarant88
Notes to the Financlal Statements {conthusrfJ
Year ended 31 October 2020
Credltors: amounts falllng due wlthln one year
2020
2019
other creditors
290
292
Related party tr•ns•ctlon$
No Iran8aCtion6 with related parties were undertaken SLKh 08 are required to be disclosed.

New Covenant Fellowship Church
Company Limlted by Guarantee
Management Infomiatlon
Year ended 31 October 2020
Tho lollowlng pagos do not forni p•rt of th• flnanclal statsments.

New Covenant Fellowship Church
Detailed Income Statement
Year ended 31 October 2020
2020
2019
Turnover
69.456
66,084
Op8r•tlng Income
69,456
66.084
Ov8rhead¥
Administrative expenses
76.126
73.532
Other operatlng In¢om8
17,066
15,005
Surplu• I Idoficltl Inco• & •xpondllurn
11,396
7,557
Surplus befor• tax•tlon
11.395
7,557

New Covenant Fellowship Church
Notes to the Detalled Income Statement
Year ended 31 October 2020
2020
2019
Establlshmgnt txynses
Rent & rates
Insurance
7,800
465
7.800
448
8.255
8.248
Ggngral expenses
Travel and conference costs
P8slor & speaker ¢osts
Mission cost5
Royalties
Equipment iepairn and renewals
Staff training
Staff wsls admin
P8yroll cost8
Giving
2.006
44.100
1.050
274
670
1,087
42,000
742
1,181
4,7H
5,004
600
5,722
178
Books
Compulor & aG￿5￿rIe•
Hospilalty
Legal and profe88ional lee8
Accountancy fees
Depreciation of langlble a88et8
625
1,024
633
288
280
3,277
66,836
978
2,520
1,65S
280
3,277
65,206
Flnanclal co•i•
8ank charges
36
78
75.128
73.532
Othèr 0￿ratIng Incom•
Other operating income -
17,065
15.OOS
10-