New Covenant Fellowship Church Annual Report and Accounts For the year ending 31°, October 2025 Charity Details Charity name: Charity type.. Charity number: Company number: New Covenant Fellowship Church Charitable Incorporated Organisation ICIOI 1147874 7810922 (company limited byguarantee until 30th October 20251 Registered office: 28 Whipperleyway, Farley Hill, Luton, LU1 SLG Operational address: Kestin House, 45 Crescent Road. Luton. LU2 OAH Trustee Details Board ofTrustees: Ms Bongai Mutema Mrj Henrique dossantos Mrs Ivanilde dossantos Mr Nanzip Lannap Mrs Samantha Graham Dr Stephen Pam Ichairl
Structure, Governance and Management Until 30, October 2025, New Covenant Fellowship Church INCFCI was a charitable company limited by guarantee. It was incorporated on the 14" October 2011 and registered as a charity on the 28" June 2012. The companywas established under a Nemorandum of Association, which established the objects and powers of the charitable company, and it was governed under its Articles of Association. In the event of the company being wound up members were required to contribute an amount not exceeding £10. On 31" October2025, NCFC converted to a Charitable Incorporated Organisation ICIOI and is nowgoverned under its constitution. If the CIO is wound up. the members of the CIO have no liability to contribute to its assets and no personal responsibilityfor settling its debts and li8bilities. (Subsequently. on 20" November 2025, the trustees passed a special resolution to change the name of NCFCto One Church Lutonl. When NCFC converted to a CIO, it ceased to have comp8ny directors and its only voting members were its charity trustees. The first charitytrustees will continue in office untilthey resign, are removed or pass away. Other trustees are appointed for three years and then are eligible for reappointment. As and when new trustees are required. potential candidates will be identified based on their skills, experience and involvement with NCFC l One Church Luton. The Trustees seek to maintain a range of appropriate skills on the trustee board. Due to their oversight and responsibility for the children's and young persons, ministry, the Trustees undertake a Disclosure and Barring Service IDBSI check. J. Henrique dos Santos and Ivanilde dos Santos are both trustees and Pastors of the church. J Henrique dos Santos and Ivanilde dos Santos are remunerated by the church fortheir roles as Pastors and are also permitted to be ex-officio trustees in accordance with the constitution and by the Charity Commission. No other members of the trustees were remunerated or leceived benefits from the charity.
Tr in tr During 2024-2025, no new trustees were appointed. All Trustees continue to be familiar with the work and life of the church. One Trustee is no longer a member ot the church., all the others have either held positions of responsibility within the church in the past, or continue to do so, in addition to being Trustees le.g. as home cell group leaders or worship leaders). 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 governance documents le.g. the constitution and annual reports). Potential candidates will need to pass an interview process involvingthe Chair and other Trustees successfully before being appointed. Six members served on the Trustee Board during 2024-2025. The Board can be expanded as the charity requires, upto a maximum of 12 Trustees. TheTrustees met at leastfourtimes in the year and covered the financial and administrative matters of the charity. The Trustees have a mixture of Christian, charity and professional backgrounds relevant to the work of NCFC. The spiritual leadership of the church has been delegated to the Pastors by the Trustees. Consequently, the Pastors are responsible for setting the spiritual direction for the church. To support the Pastors in spiritual and leadership Matters, the church has a Pastor Support Group. This group also oversees or supports various functions within the church. NCFC has a number of decision making processes in place to ensure that decisions are made in 8ccordance with the aims an(J objectives of the charity and to ensure good financial managernent. The key decision-making processes in place are as follows: 1. Spiritual matters- delegated to the Pastors 2. Fin8ncial matters- expenditure up to £200 can be carried out independently by the Pastors. Expenditure over £200 has to be agreed by the Trustees 3. Governance matters- carried out by the Trustees
Objectlves and Actlvities The charity's objects contained in the constitLJtion are= To advance the Christian faith for the public benefit. The church has an overarching goal of'making Jesus too big to ignore" The church's vision and mission is based on seven key principles which govern the priorities and focus of the church. These are as follows= 11 Love God 21 Love people 31 Live according to the Word of God (the Holy Bible) 41 Live in the power of the Holy Spirit 51 Live a life of holiness 61 Live 8 life of freedom 71 Live 8 life of revelation The Trustees h8ve regard to the Commission's Public Benefit Guidance when exercising any powers or duties to which the guidance is relevant and take this into account when planning the 8Ctivities and focus for the year. The church has continued key activity to help fulfil its purpose and mission. The church continued to develop its activities during the year through core activity, including church services, prayer meetings and discipleship, and developing new areas to incre8se its impact. Activities included: The Sunday morning d8ytime service.. Sunday services took place throughout the year. They were held in person, with recordings of the sermons enabling some online presence for those unable to attend. The services incorpor8ted vibrant worship. dynamic teaching and preaching, pr8yer. ministry and time for fellowship. These services were open both to church members and others who wished to attend., Children's activities= These took place during the Sunday morning service throughout the year, despite the relatively low number of children in the church.
Prayer meetings.. The weekly prayer meeting$ continued throughout the year, the Wednesday morning meeting tended to focus on healing whilst the Wednesday evening prayer meeting had a more general focus., Home cell groups.. There were three in person home cell groups and one on-line group. Weekly meetings of these small groups of church members took place throughout the year which focused on bible study and fellowship. They proved invaluable support in providing fellowship, enabling spiritual growth, and in providing mutual pffjyer, accountability and support,. A young adults. group: a young adults. group was begun with regular meetings on a Friday evening for mutual support and fellowship amongst the younger adults. Encounter with God conferences linner healingi: One Encounter with God conference took place at NCF church during the year with another in Ireland run by our church leadership,. Men's and women's events: A number of men's fellowship events were held including Saturd8y morning breakfasts, and a fellowship and study meeting held monthly was begun. Women's fellowship events included an afternoon tea, a bre8kfast, several fellowship events and a women's conference. Street evangelism.. There was also some street evangelism c8rried out by the Pastors in association with Youth With A Mission IYWAMI. and a couple of similar events run bythe church- Learning to sew club= A learning to sew club continued to take place with positive, regular attendance and a forum to develop positive relationships. Social media: The church worked hard, and highly effectively, in developing its social media presence, which grew significantly during the year. NCFC built on our established online presence on key social media platforms, including Instagram and Facebook. Three minute reels were regularly produced with between 2,000 and 3,000 people viewing them, with an average of 8,000 viewers on the general Instagram account. The media team continued to produce a series of filmed podc8Sts where church members and others were interviewe(J abouttheir lives and the impact of Jesus. These, again, were seen not only by church members but had 8 large outside audience. We also renewed the church website. Support of missionaries.. we supported rnissionaries in Rwanda and Thailand, and two boys through Compassion UK, and gave to Open Doors and Azalea.
NCFC, now One Church Luton, will continue to fulfil its vision to be a thriving, contemporary, and dynamic community on 8 mission to make Jesus too big to ignore through our commitment to loving God, loving one another and reaching out to others near and far. It will continue to develop its social media presence, and maintain its focus on worship, service, devotion, fellowship, preaching, teaching, bible study, discipleship, inner healing, prayer support, intercession, outreach and missionary support. It is hoped to develop activities to meet some of the social needs in the town. Financial Review and Reserves The church receives its funding from tithes, offerings and donations given by members of the congregation, from events income and Gift Aid. The church's income was £73,832 which was an increase from the previous year's income as a result of the timing of gift aid claims12023-2024= £60.2791. NCFC aims to hold sufficient unrestricted funds not designated or invested in fixed assets li.e."free reserves") to meet three months, expected committed expenditure. In 2024-2025 the charity had sufficient reserves to meet this level of expenditure. NCFC l One Church Luton will continue to hold this level of reserves and take mitigating actions accordingly if reserves were to dip below this level. This report was approved by the Trustees and signed on its behalf by: Drsj Pam ICh8irl'. Date.. 2'°July2026
One Church Luton Company Limited by Guarantee Year ended 31 October 2025 I report on the Accounts of the Charity for the year ended 31st October 2025 which are set out on the following pages. Kespective responsibilities of Trustees and Examiner Thc Choritvs TrustCC5 orc rcsponsiblc for thc preparation of thc Accounts. Thc Charity's Trustees consider that an audit is not required for this year under section 43121 of thecharities Act 1993 (the 1993 Act) and that an Independent Examination is needed It is my responsibility to: lil examine the Accounts under Sectlon 4313llal of the 1993 Act: lill lollow the procedure5 laid down in the General Directions given by the Charity Commission under Section 4317llbl of the said 1993 Act.. and liiil state whether particular matters have come to my attention. Basis of Independent Examinerfs Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a compari50n of the accounts presented withthose records. It also includes consideration of any unusual such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not expre55 on audit opinion on the view given by the accounts Independent Examinerfs Statement In connection with my examination no matter has come to my attention: 111 which gives me reasonable cause to believe in any material respect the requirements lil to keep accounting records in a¢tordante with Section 41 of the Charities Act 1993: and Illl to prepafe Accounts which accord with the accounting records and to comply with the accounting requirements of the said 1993 Act have not been met, or 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached. Mr A Hickman - Accountant Guyvers Patmore End Ugley CM22 6JA
One Church Luton Company Limited by Guarantee Statement of Income and Retained Earnings Year ended 31 October 2025 2025 2024 Note Turnover 48071 53383 Operating Income 48071 53383 AdministratNe expenses other operatin8 income Surplus I Ideficetl Income & Expenditure 131b9 25761 63 78777 6896 -18498 Surplus before taxation 63 -18498 Tax on surplus Deficit for the financial year ond total comprehensive income 63 -18498 Retained earnings at the start of the year Retained earnings at the end of the year 29520 29583 48018 29520 All the activitie5 of the company are from continuing operations. The notes on pages 5 to 7 form part of these financial statements.
One Church Luton Company Limited by Guarantee Statement of Financial Position 31st October 2025 2025 2024 Fixed assets Tangible assets Note 1040 1040 Current assets Cash at bank and in hand Creditors.. due within one year Nyl cuwryril d>>el) Total atsets less current liabilitiès 28833 290 28543 28770 290 28480 29583 295?0 Net assets 29583 29520 Gipital and re5erve5 Profit and loss account Members funds 29583 29583 29520 29520 These financial statements have been prepared in accordance with the provisn$ applicable to companies subject to the small companies, regime and in accordance with Section IA of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small comapnies. Directors. responsibilities * The members have not required the company to obtain èn audit of its financial statement5 for the year in question in accordance with section 476,. * The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements were approved by the board of directors and authorised for issue on . nd are signed on behalf of the board by-. S Graham Director Company reRistration number: 07810922 The notes on pages S to 7 fom part of these financial statements.
One Church Luton Company Limited by Guarantee Notes to the Financial Statements Year ended 31 October 2025 l. General information The company is a private company limited by guarantee, re8lStered in Ensland and Wales. The address of the registered office is 28 Whipperley Way. Luton, Beds, LUI 5LG. 2. Statement of compliance These financial statements have been prepared in compliance with Section IA of FRS 102, The Financial Reporting Standard applicable in the UK and the Republic of Ireland 3. Accounting policies Basis of preparation The financial statements have been prepared on the hi5toricol cost basis, as modified by the revaluation of certain financial assets and liabilities and investment propprties measured at fair value through profit or1055. The financial statements are prepared in sterlin& which is the functional currency of the entitiy Tangible assets TanRible assets are initially recorded at cost, and subsequently stated at cost less anv accumulated depreciation and impairment10sses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation & subsequent accumulated impairnient1055es. An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respert of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit and loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Musical & sound equipment- 25% straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceed5 the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing. when it is not possible to estimate the recoverable amount of an indNidual asset, an estimate is made of the recoverable amount of the cash generating unit to which the asset belongs. The cash-generating unit 15 the 5malle5t identifiable group of assets that includes the a55et and generates cash inflows that are largely independant of the cash inflows from other assets or groups of assets.
One Church Luton Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 Ortober 2025 3. Accounting policies Icontinuedl Impairment of fixed a£spts Ir.c)ntinEJpdl For impairment testing of goodwill, the goodwill acquired in a business combination is from the acquisition date. allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other J55ets or liabilities of the comp4ny afe a55i8ned to those uniis. Financial instruments Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest In ihe assets of the entiry after de(lucting all of its financial liabilitte5. Where the contractual obli8at40n5 of financial instruments (including share capital) are equivalent to a similar debt instrument. those financial instruments are classed as financial liabilites. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of retum on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debtted dlrect to equity. 4. Company limited by guarantee The company has no share capitsS and is limited by guarantee. 5. Deficet before taxation Deficiet before laxdlivn 15 St4ted after chargln8- 2025 2024 Depreciation of tangible assets 1514 6. Tangible assets Equipment Total Equiment Total Cost At l November 2024 and 31 October 2025 Additions Depreciation At l November 2024 Charge for the year 14852 13338 1514 14852 13338 1514 14852 14852 At 31 Ottober 2025 Carrying amount At 31 October 2025 At 31 October 2024
One Church Luton Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 October 2025 7. Creditors= amounts falling due within one year 2025 2024 290 290 8. Related party transartions No transactions with related parties were undertaken such as are required to be disclosed
One Church Luton Company Limited by Guarantee Management Information Year ended 31 October 2025 The following page5 do not form part of the financi31 thtements
One Church Luton Detailed Income Statement Year ended 31 Ortober 2025 2025 2024 Turnover Operating Income Sundry Income 48071 48071 3409 51480 53383 53383 1005 54388 Overheads Administrative expenses Other operating income Surplus I Ideficitl income & expenditure 73769 22353 63 78777 5891 -18498 Surplus before taxation 63 -18498
One Church Luton Notes to the Detailed Income Statement Year ended 31 October 2025 2025 2024 Establishment expense5 Rent & rates Insurance and compliance 12046 611 12657 10715 10715 General expenses Travel and conference costs Pastor & speaker costs Mission costs Printing, Postage and Stationery Equipment/buildin8 repairs and renewals Staff costs Payroll costs Subscriptions EventslEvangelismladvertising Giving Gifts IHard5hip Fund Books Computerlzoom & accessories Hospitality Legal and professional fees Accountancy fees Sundry Expenses Depreciation of tangible assets 271 747 2425 712 244 58 50705 56 49905 3326 2991 2751 156 397 7485 386 50 460 1060 290 144 1514 67917 354 193 290 461 61022 Financial costs Bank charges 91 61113 146 Other operating income Other operating income- Gift Aid Other operating income- Events 20920 1433 22353 2986 2905 5891 Company Registration Number: 07810921 io