NOVA NEW OPPORTUNITIES

Charity number: 1158238
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Nova, based in North Kensington, offers holistic support via four programme areas: Education; Information, Advice & Guidance (IAG); Families, Children & Young People and Social Change. Our activities help people gain confidence, education, and experience, to fully participate in society to work towards a more inclusive society where all have an equal chance to get ahead, belong and be recognised.

Income and expenditure

Data for financial year ending 31 March 2025

Total income:
£725,266

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Donations and legacies £26.55k
Charitable activities £677.29k
Other trading activities £21.43k
Investments £0
Other £0

Total expenditure:
£802,144

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Raising funds £27.15k
Charitable activities £774.99k
Other £0

£0 investments gains (losses)

Total income includes £128,259 from 1 government contract(s) and £48,830 from 5 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £27.15k
Charitable expenditure £774.99k

People

15 Employee(s)

8 Trustee(s)

30 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Brent
  • City Of Westminster
  • Hammersmith And Fulham
  • Kensington And Chelsea

Governance

Registration history:
  • 14 August 2014: CIO registration
  • 02 February 2017: Funds received from 1118890 NOVA NEW OPPORTUNITIES
Organisation type:
CIO
Other names:
  • NOVA NEW (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Stewart Norman McCure Chair 01 March 2023
None on record
Trisheba Anorah Ullah Trustee 11 August 2025
None on record
Mark Seow Trustee 22 July 2025
None on record
Mark Lloyd Williams Trustee 03 April 2025
None on record
Nicholas Jason Wellington Trustee 09 November 2021
None on record
Leslie Ramos Apablaza Trustee 16 September 2021
None on record
Jay Burgoyne Trustee 11 June 2021
None on record
Jonnie Beverley Trustee 29 November 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2021 31/03/2022 31/03/2023 31/03/2024 31/03/2025
Total gross income £593.50k £591.63k £591.94k £717.88k £725.27k
Total expenditure £502.40k £642.26k £603.70k £677.96k £802.14k
Income from government contracts £172.26k £173.99k £130.12k £136.78k £128.26k
Income from government grants £30.98k £5.00k £10.00k £12.40k £48.83k
Income - Donations and legacies £26.07k £65.91k £21.90k £23.50k £26.55k
Income - Other trading activities £2.94k £19.97k £28.72k £16.57k £21.43k
Income - Charitable activities £548.02k £505.75k £541.32k £677.81k £677.29k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £16.47k £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £490.95k £605.91k £573.59k £654.41k £774.99k
Expenditure - Raising funds £11.45k £36.36k £30.11k £23.55k £27.15k
Expenditure - Governance £6.94k £8.00k £0 £8.52k £8.56k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2021 31/03/2022 31/03/2023 31/03/2024 31/03/2025
Own use assets £0 £0 £0 £0 £0
Long-term investments £0 £0 £0 £0 £0
Other assets £229.24k £145.05k £103.16k £154.33k £145.76k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £85.81k £52.26k £22.13k £33.38k £101.69k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2025 30 January 2026 On time
Accounts and TAR 31 March 2025 30 January 2026 On time Download Open in new window
Annual return 31 March 2024 19 October 2024 On time
Accounts and TAR 31 March 2024 19 October 2024 On time Download Open in new window
Annual return 31 March 2023 30 January 2024 On time
Accounts and TAR 31 March 2023 30 January 2024 On time Download Open in new window
Annual return 31 March 2022 30 January 2023 On time
Accounts and TAR 31 March 2022 31 January 2023 On time Download Open in new window
Annual return 31 March 2021 13 December 2021 On time
Accounts and TAR 31 March 2021 13 December 2021 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CIO - FOUNDATION REGISTERED 14 AUG 2014 AMENDED ON 22 FEB 2022

Charitable objects

1. THE ADVANCEMENT OF EDUCATION IN THE BENEFIT AREA, IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING THE PROVISION OF: - EDUCATION IN BASIC SKILLS: INFORMATION & COMMUNICATION TECHNOLOGY (ICT), ENGLISH LANGUAGE AND NUMERACY - ENRICHMENT PROGRAMMES IN SCIENCE, TECHNOLOGY, ENGINEERING, ARTS & MATHEMATICS (STEAM) - LIFELONG LEARNING ACTIVITIES STIMULATING NEW INTERESTS, SKILLS, COMPETENCIES AND UNDERSTANDING 2. THE RELIEF OF UNEMPLOYMENT AND DISADVANTAGE IN THE BENEFIT AREA, IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING THE PROVISION OF: - INFORMATION, ADVICE & GUIDANCE (IAG) SERVICES - SUPPORT TO INDIVIDUALS EXPERIENCING HARDSHIP - OPPORTUNITIES FOR VOLUNTEERING, WORK EXPERIENCE AND OTHER ASSISTANCE TO INDIVIDUALS IN GAINING EMPLOYMENT 3. THE PROMOTION OF RACIAL EQUALITY, DIVERSITY AND HARMONY BETWEEN GROUPS IN THE BENEFIT AREA, IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING THE PROVISION OF: - ACTIVITIES THAT BRING PEOPLE TOGETHER FROM WIDELY DIFFERENT BACKGROUNDS AND COMMUNITIES TO CHALLENGE STIGMA, PREJUDICE & INEQUALITY - WORKSHOPS AND SOCIAL CHANGE PROGRAMMES - DIALOGUE EVENTS WHERE INDIVIDUALS FROM UNDERREPRESENTED COMMUNITIES CAN ENGAGE WITH DECISION MAKERS 4. THE PROMOTION OF SOCIAL INCLUSION IN THE BENEFIT AREA, BY WORKING WITH PEOPLE WHO ARE SOCIALLY EXCLUDED, RELIEVING THEIR NEEDS AND ASSISTING THEM TO INTEGRATE INTO SOCIETY, IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING: - DEVELOPING THEIR KNOWLEDGE AND COMPETENCIES TO PARTICIPATE FULLY IN SOCIETY AND PROMOTING OPPORTUNITIES FOR DOING SO - HELPING TO ADDRESS DIGITAL EXCLUSION THROUGH CONNECTING THEM WITH AGENCIES ABLE TO GIVE MATERIAL ASSISTANCE - BRINGING THOSE WHO ARE SOCIALLY EXCLUDED TOGETHER TO MAKE A MORE EFFECTIVE AND JOINED UP APPROACH TO ADVANCING ISSUES WHICH CONCERN THEM - EDUCATIONAL AND AWARENESS CAMPAIGNS TO ENCOURAGE SERVICE PROVIDERS, COLLEGES, COUNCILS, INSTITUTIONS AND BUSINESSES TO INCREASE OPPORTUNITIES FOR THOSE WHO ARE SOCIALLY EXCLUDED AND ADAPT THEIR SERVICES TO MEET THEIR NEEDS. FOR THE PURPOSE OF THIS CLAUSE ‘SOCIALLY EXCLUDED’ MEANS BEING EXCLUDED FROM SOCIETY, OR PART OF SOCIETY, AS A RESULT OF UNEMPLOYMENT, FINANCIAL HARDSHIP, POOR HOUSING, POOR EDUCATIONAL OR SKILLS ATTAINMENT OR BEING A MEMBER OF A SOCIALLY AND ECONOMICALLY DEPRIVED COMMUNITY

Contact information

Address:
NOVA NEW OPPORTUNITIES
2 THORPE CLOSE
LONDON
W10 5XL
Phone:
02089602488
Email:
admin@novanew.org.uk
Website:

www.novanew.org.uk Open in new window