C a ty eg st at o Nu be
Charity Registration Number : 1167809
## **FRESH HORIZONS CNB**
A CHARITABLE INCORPORATED ORGANISATION TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
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FRESH HORIZONS CNB
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees Olivier Uyttenhove
Deborah Tyas
Myrnel Cordelia Denise Abdullahi
Louis Gargour
Geeta Sandhu
Charlie Hill
Andrew Lambert
Athina Inneh
Charity Number 1167809
Registered Office 405 High Road
Harrow Weald
Harrow
HA3 6EL
Bankers Barclays Bank UK PLC.
1 Churchill Place
London
E14 5HP
Metro Bank PLC
One Southampton Row
London
WC1B 5HA
Independent Examiner Accounting Assist Ltd - Chartered Certified Accountants
C/O Good to Give Limited
7 Bell Yard
London
WC2A 2JR
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## **FRESH HORIZONS CNB**
## **CONTENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
||Trustees' Report
4
Independent Examiner's Report
9
Receipts and Payments
10
Notes to the Financial Statements
12|
|---|---|
|||
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## **FRESH HORIZONS CNB**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
The Trustees present their annual report and financial statements for the year ended 31 December 2024.
The Board of Trustees, who are the charity’s trustees for legal purposes, submit this report and confirm that the financial statements comply with current statutory requirements, the charity’s governing document, and the Charities Statement of Recommended Practice (SORP).
## **Structure, Governance and Management**
## **Trustees**
||**Name**
**Appointment / Resignation**
Andrew Lambert
Until 25 November 2024
Athina Inneh
Until 26 November 2024
Geeta Sandhu
Appointed 5 March 2022
Olivier Uyttenhove
Appointed 8 October 2024
Louis Gargour
Appointed 8 October 2024
Deborah Tyas
Appointed 3 September 2025
Myrnel Abdullahi
Charlie Hill
Appointed 3 September 2025
Appointed 8 October 2024 (Resigned 31
March 2025)|
|---|---|
The Trustees meet regularly throughout the year to oversee governance, financial management, safeguarding, and operational priorities.
## **Governing Document**
Fresh Horizons CNB is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission on 23 June 2016. The charity operates under its approved constitution and is recognised by HMRC for Gift Aid purposes.
## **Recruitment and Appointment of Trustees**
New Trustees are appointed by resolution of the Board, in accordance with the governing document. The Board seeks to maintain a diverse mix of skills and experience in areas such as housing, health and wellbeing, safeguarding, and community development. All new Trustees receive an induction covering their legal responsibilities, the organisation’s mission and values, and key operational policies.
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## **FRESH HORIZONS CNB**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Advisory Support**
In addition to its Board, the charity benefits from an advisory network of volunteers, professionals, and community partners who contribute expertise in housing management, safeguarding, and financial planning.
## **Objectives and Activities**
The charitable objects of Fresh Horizons CNB are:
1. The relief of poverty through the provision of accommodation and other amenities and services.
2. The advancement of the Christian faith in the United Kingdom, as the Trustees may from time to time determine.
3. The furtherance of the charity’s work by advancing such other charitable purposes as the Trustees may from time to time decide.
The charity’s mission is to relieve hardship and promote independence among vulnerable individuals, including those experiencing homelessness, unemployment, or social exclusion. This is achieved through supported accommodation, education, mentoring, and life-skills training.
## **Vision and Purpose**
Fresh Horizons CNB exists to give people a 'Chance of a New Beginning (CNB)' — providing safe homes, emotional support, and opportunities for residents to rebuild their lives with dignity and self-reliance.
## **Core Activities**
## **Accommodation for the Homeless**
The charity provides supported accommodation for individuals who are homeless, threatened with homelessness, or leaving night shelters. Residents stay for periods of six to eighteen months in a safe, stable, and supportive environment.
## **Training and Life Skills**
Residents undertake life-skills training and personalised support programmes during their stay. Training focuses on restoring confidence, improving financial management, accessing education and employment, and developing skills for independent living. Support includes help with budgeting, debt management, access to health and social care, and guidance on resettlement into permanent accommodation.
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## **FRESH HORIZONS CNB**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Faith-Based Support**
Fresh Horizons CNB advances the Christian faith by providing literature, information, and opportunities for worship to residents and others interested or sympathetic to the Christian faith. Participation is voluntary and inclusive.
## **Food Bank**
The charity operates a weekly food bank serving residents, families, individuals, churches, and partner organisations working to reduce food poverty. Supplies are donated by local grocers and food redistribution schemes such as The Felix Project, City Harvest, and Tesco (via FareShare Food Cloud). During the year, the food bank distributed 5,200 shopping bags of re-purposed food with the support of 13 volunteers.
## **Safeguarding and Advocacy**
Fresh Horizons CNB works closely with local authorities and community organisations to ensure robust safeguarding, advocacy, and support frameworks for residents. All staff and volunteers receive safeguarding training, and relevant policies are reviewed annually.
## **Public Benefit**
The Trustees confirm that they have complied with their duty under Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. The charity’s services directly support the public benefit objectives of relieving poverty, homelessness, and social disadvantage.
## **Risk Management**
The Trustees actively identify and manage risks that could affect the charity’s operations or reputation. Key risks include:
- Financial dependency on housing-related income and grants
- Operational risks relating to property maintenance and staffing
- Safeguarding and compliance risks inherent in supported housing services
Risk management is embedded within the charity’s governance framework and supported by comprehensive policies, including:
- Safeguarding (including vulnerable beneficiaries)
- Financial reserves and internal controls
- Serious incident reporting
- Conflicts of interest
- Volunteer management and staff conduct
All policies are reviewed annually.
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## **FRESH HORIZONS CNB**
## **TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Achievements and Performance**
During 2024, Fresh Horizons CNB continued to provide supported accommodation and holistic support to individuals at risk of homelessness, focusing on financial literacy, personal wellbeing, and life-skills development.
## **Key Achievements**
- Supported accommodation maintained an 89% occupancy rate, with 22 residents accommodated during the year.
- Residents came from diverse faith and cultural backgrounds and lived harmoniously. - Several residents expressed that faith-based materials and discussions provided renewed purpose and calm.
- Life-skills and budgeting workshops were delivered regularly.
- A number of residents moved into permanent accommodation or engaged in employment and education programmes.
- Food bank operations distributed 5,200 shopping bags of food with strong community volunteer participation.
- The charity maintained 100% compliance with safeguarding and health & safety standards.
- Partnerships with local authorities and community organisations were strengthened.
## **Financial Review**
During the financial year:
- Total income: £153,627 (2023: £168,002)
- Total expenditure: £165,065 (2023: £143,986)
- Net deficit: £11,438 (2024: 24,016)
The deficit was met from unrestricted reserves. Restricted funds of £8,817 represent unspent project-specific grants carried forward.
The charity aims to maintain reserves sufficient to cover 3–6 months of operating costs, including staff salaries, property maintenance, utilities, and programme expenses.
## **Going Concern**
The Trustees are satisfied that the charity has adequate financial resources to continue its operations for the foreseeable future and have therefore adopted the going concern basis in preparing these financial statements.
## **Independent Examiner**
The charity’s independent examiner, Anum Hassan FCCA of Accounting Assist Ltd C/o Good to Give Ltd, have indicated their willingness to offer themselves for appointment. Approved by the Board of Trustees on 30 October 2025
Signed on behalf of the Trustees: __________________________ Olivier Uyttenhove Chair / Trustee
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## **FRESH HORIZONS CNB**
## **INDEPENDENT EXAMINER'S REPORT**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which consists of the Receipts and Payments account and the related notes
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
I am qualified to undertake the examination by being a member of ACCA.
Bank statements for part of the year were unavailable due to temporary access issues; - however, I verified the charity’s Xero reconciliations, continuity of transactions, and year end balances, which provided sufficient evidence for my review.
No material matters have come to my attention which give me cause to believe that, in any material respect:
- The accounting records were not kept in accordance with section 130 of the Charities Act 2011; or
- The accounts do not accord with those records; or
- The accounts do not comply with the relevant requirements of the Charities (Accounts and Reports) Regulations 2008, other than any requirement to give a ‘true and fair’ view.
I have no concerns and have come across no other matters that should be drawn to attention to enable a proper understanding of the accounts.
Signed: Sos
Dated: 31/10/2025
## **Anum Hassan, FCCA**
On behalf of Accounting Assist Ltd
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## **FRESH HORIZONS CNB**
## **RECEIPTS AND PAYMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Categories**
**Receipts**
General Offerings
Grant Income
Housing Benefit
Monthly Service Charge
Interest income
Other
**Total receipts**
**Payments**
**Charitable Activities**
Security expenses
Direct Expenses
Housing Council Tax
Utilities
Entertainment
General Expenses
Rent
Repairs & Maintenance
Cleaning
Light, Power, Heating
Salaries & Wages
Employer's National
Insurance
Pensions Costs
Travel - National
**Governance Costs**
Audit & Accountancy Fees
Insurance
Bank Fees
**Support & Administrative**
**Costs**
Professional fees
Postage, Freight & Courier
Printing & Stationery|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total funds**
**Last year**
4,698
-
4,698
32,514
35,000
18,960
53,960
13,000
90,915
-
90,915
122,488
2,765
-
2,765
-
239
-
239
-
1,050
-
1,050
-|
|---|---|
||**134,667**
**18,960**
**153,627**
**168,002**
359
-
359
-
2,439
-
2,439
2,768
9,369
-
9,369
4,694
1,374
-
1,374
829
185
-
185
-
1,554
-
1,554
1,087
60,242
-
60,242
65,343
4,359
7,660
12,019
13,914
533
-
533
-
9,362
-
9,362
11,598
35,862
10,143
46,005
37,658
825
-
825
-
4,334
-
4,334
-
178
-
178
-|
||**130,975**
**17,803**
**148,778**
**137,891**
3,195
-
3,195
-
2,673
-
2,673
1,044
46
-
46
-|
||**5,914**
**-**
**5,914**
**1,044**
135
-
135
1,110
264
-
264
-
107
-
107
-|
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|IT Software And
Consumables
Telephone & Internet
Staff Training
Subscriptions
Asset**and investment**
**purchases**
Asset Purchases
**Total Payments**
**Net of Receipts &**
**Payments**
Cash Funds Last year end
**Cash Funds this year end**|698
-
698
506
1,525
-
1,525
1,709
6,920
-
6,920
1,726
470
-
470
-|
|---|---|
||**10,119**
**-**
**10,119**
**5,051**|
||254
-
254
-|
||**147,262**
**17,803**
**165,065**
**143,986**|
||**-12,595**
**1,157**
**- 11,438**
**24,016**
53,837
7,660
61,497
36,623
**41,242**
**8,817**
**50,059**
**60,639**|
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## **FRESH HORIZONS CNB**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.1 Basis of preparation**
These accounts have been prepared on the Receipts and Payments basis in accordance with section 133 of the Charities Act 2011. This means income and payments are recorded when received or paid, not when owed or due. The Charities SORP (FRS 102) accruals basis does not apply.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.2 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2. Restricted Funds**
Restricted income of £18,960 was received during the year for project-specific purposes. £8,817 remains unspent at year-end.
## **3. Trustee Remuneration and Benefits**
Trustee Athina Inneh received £3,150 for fundraising work and for delivering mental wellbeing training for volunteers and staff.
No other trustees received remuneration or benefits from the charity. (2023: £nil)
## **4. Related Party Transactions**
During the year, the charity received a short-term loan of £1,000 from Trustee Geeta Sandhu in December 2024 to assist with temporary cash-flow requirements. The loan was fully repaid in January 2025, and no interest or other benefit was paid in connection with this transaction.
In addition, during the year, Trustee Charlie Hill personally paid an employee’s December 2024 net salary of £2,648 due to a temporary issue with access to the charity’s bank account. The amount was reimbursed to the trustee in January 2025. These transactions do not appear in the 2024 Receipts and Payments Account, as the reimbursement occurred outside the financial year.
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## **FRESH HORIZONS CNB**
## **NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024**
## **5. Prior Year Adjustment**
The closing cash balance reported in the 2023 accounts was understated by £859 due to a reconciliation error. The 2023 accounts have not been restated, however the opening cash funds for 2024 have been adjusted to the correct brought-forward amount of £61,497. This adjustment has no impact on the current year’s receipts or payments.
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