Charity Accounts Intelreading the accounts so you don’t have to

NEW COVENANT CHURCH

Registered charity 1004343 · accounts filings on the Charity Commission register · also known as LIBERTY, COVENANT MEN INTERNATIONAL, COVENANT WOMEN, COVENANT BIBLE COLLEGE, NEW COVENANT BOOKSHOP

Provides places for Christian Worship to the public in U.K and abroad. Make available range of community programmes to address various needs, provide facility for clean water in villages in Nigeria also free health checks and assist with improving health, drop-in centres, care, counselling, referrals,provision of food,clothing,advise,education and training, visitation for the sick and elderly.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£324k
Latest spending
£381k
Registered
1991
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased from £427,674 to £370,325 due to a deficit for the period, with total resources expended exceeding incoming resources. The trustees report that adequate assets are available to fulfil the charity's obligations. The charity maintains unrestricted funds at a level of at least six months of committed expenditure.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Mission/branch contributions (68% of income)
“Mission/branch contributions 219,285” — page 16
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six months of committed expenditure (held: £370k)
“The Charity maintains unrestricted funds, which are the free reserves of the charity, at a level that is at least six months of committed expenditure, excluding financing and other costs.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/12/2021)

Total income
£580k
Total spending
£414k
Reserves (reported)
£150k
Employees
25

Reported reserves equal ~4.4 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (61% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bedford · Bolton · Hertfordshire · India · Kent · Leicester City · Manchester City · Milton Keynes · Nigeria · Pakistan · Spain · Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£324k£381k
31/12/2023£369k£330k
31/12/2022£399k£383k
31/12/2021£580k£414k
31/12/2020£1.6m£1.1m

Common questions

Is NEW COVENANT CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that total funds decreased from £427,674 to £370,325 due to a deficit for the period, with total resources expended exceeding incoming resources. The trustees report that adequate assets are available to fulfil the charity's obligations. The charity maintains unrestricted funds at a level of at least six months of committed expenditure. Its FY2024 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund03/08/2020£24k"Covid19 - New Covenant Church, Edmonton"
The National Lottery Heritage Fund11/09/2013£76k"New Covenant Church, Church Street, Edmonton"