2022-12-31-accounts - New Covenant Church Living Souls City (LSC)

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Net gains on investments
Net income forthe year			1,360	28,868
Transfers between funds
Net income after transfers			1,360	28,868
Other recognised gains/(losses)
Net gains on revaluation offixed assets
Net actuarial gains on defined pension
benefit schemes
Costs offundamental reorganisation	or
restructuring
Extraordinary items
Net movement in funds
Reconciliation offunds:-
Total funds brought forward
Total funds carried forward			1,360	28,868
All activities derive from continuing		operations

			2022	2021
Surplus for the year:-
Net excess of income	over expenditure from operations	before tax	1,360	28,868
Realised gains on the	disposal oftangible fixed assets
Realised gains on the	disposal of intangible fixed assets
Realised gains on the	disposal ofheritage fixed assets
Realised net Gains Spare heading for realised gains and losses- replace with te&
income from operations before taxin the Statement		ofFinanciai ActivNes	1,360	28,868
Realised gains on the	disposal of investments
Realised net actuarial	gains on defined benefit schemes
Costs offundamental	reorganisation or restructuring

Extraordinary items
Surplus as shown in the Income and		Expenditure	account		f,380	28,868
Addi(deduct) non income and expenditure items:-
Gains on the revaluation	oftangible fixed assets
Gains on the revaluation	ofheritage fixed assets
Unrealised gains on investments
Unrealised net actuarial	gains on defined benefit schemes
Gift aid payments made
Grants for the acquisition	offixed assets
Actuarial gains
Net Movement in funds	before taxation
Taxation arising in the year
Funds generated In the	year as shown	on Statement	ofFlnanotal	Aottsttles	I 360	28 gea

Decemb	er 20	22 towards fixed assets for Charity use:-
			2022	2022
Funds generated		in the year as detailed in the SOFA	60,860	59,232
Resources	applied	on functional fixed assets
Investment	in programme related investments
Resources	applied	on Intangible assets
Resources	applied	on Heritage assets
Net resources available to fund charitable activities			60,860	59,232

Summary	ofFun	ds
Summary	offunds		Unrestricted		Resbicted	Total	Last Year
			and		Funds	Funds	Total Funds
			Designated	funds
			2022		2020	2022	2021
Share capital and share premium
Revenue accumulated		funds	1,360			1,360	28,868
Revenue designated		funds
Fixed asset	funds
Revaluation	reserve fund
Total funds			1,360			1,360	28,868

				2022	2021
Income
Income from operations				60,860	59,232
Realised Gains on the disposal ofinvestments
Realised gains on disposals ofsocial investments which are programme			related
Gift aid donations received from subsidiary undertaking
Investment income
Income from investments, other than interest	receivable
Interest receivable
Other operating income
Gross income in the year before exceptional	items			60,860	59,232
Exceptional items:
Realised gains on disposals oftangible fixed	assets	held for the charity's	own use
Realised gains on the disposal of intangible assets
Realised net actuarial gains on defined benefit schemes
Realised gains on disposals ofheritage assets
Spare heading for realised gains and losses-	replace with text
Gross income in the year including exceptional items				60060	50 232
Expenditure
Charitable expenditure, excluding depreciation	and	amortisation		29.019	22,176
Depreciation and amortisation
Fundraising costs
Governance costs				30,481	8,189
Other expenditure
Interest payable
Realised losses on the disposal ofinvestments
Realised losses on disposals ofsocial investments		which are programme	related
Realised losses on disposals oftangible fixed	assets held for the charity's		own us
Realised losses on the disposal ofintangible	assets
Realised losses on disposals of heritage assets
Spare heading for realised gains and losses-	replace with text
Realised net actuarial losses on defined benefit schemes
Costs offundamental reorganisation or restructuring
Total expenditure in the year				50500	30365

New Covenant Churc ended 31 December	h - Lewis 2022	ham - Statement ofFi	nancial Activities forthe y	ear
Extraordinary items
Net income before tax in	the financial year		1,360	28,868
Tax on surplus on ordinary	activities
Net income after tax in the financial		year	1,360	28,868
Gift Aid donations made
Retained surplus for the financial		year	1,360	28,868

New Covenant C	h	urch	- Lewlsham -Bala	nce Sheet as at 31	December 2022	December 2022
			Notes		2022			2021
						R		R
Fixed assets
Intangible assets
Tangible assets					3,056			3,056
Heritage assets
Investments held as	fixed		assets
Social investments
Total fixed assets					3,056			3,056
Current assets
Stocks
Debtors
Investments held as		current assets
Cash at bank and in		hand		70,637			69,277
Total current assets				73,693			69,277
Creditors: amounts		falling due within
one year				(2,950)			(2,950)
Net current assets					70,743		66,327
Net assets
Creditors: amounts	falling		due after more
than one year
Provisions for contingent			assets
Net assets
Defined benefit pension			scheme assets
The total net assets		ofthe charity			70743			69,383
The total net assets		ofthe charity are funded		by the funds ofthe	charity, as	follows:-
There are no unanalysed			prior period funds
Restricted funds
Restricted Revenue		Funds			56,594			55,506
Restricted Fixed Asset Funds