New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I, April 2024 to 31" March 2025 NEW HORIZON SUNDERLAND TRUSTEES REPORT AND FINANCIAL STATEMENTS For the period 1st April 2024- 31s March 2025 Charity Number 1201164 New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I, April 2024 to 31" March 2025 Contents Page Trustees Report Independent Examiners Report Income and Expenditure Account Statement of assets and liabilities io Notes to financial statement5 11-12 New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I, April 2024 to 31, March 2025 The Trustees for New Horizon Sunderland, are pleased to present their report and financial statements of the charitv for the period I, April 2024 to 31" March 2025 Reference and Administrative details of the Charity, its trustees and advisors. Charity Name New Horizon Sunderland Re815tered Charity No. 1201164 Registered Office and Operational address Clo Sunderland Bangladesh International Centre 30 Tatham Street SRI 2QD Trustees Feliciana Nzau Chair Lacina Diabate Juda Ibagu Delta M Mokoko Serge K Mbala Independent Examiner Julie Maxwell 11 Edith Street Jarrow NE32 SHS Bankers Natwest New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I" April 2024 to 31" March 2025 2. Structurei governance and management The organisation is a charitable incorporated organisation ICIOI, registered on the 28, November 2022 Trustees are appointed by existing trustee5. Flnancial R￿1¢￿ The tota1 income for the year was £137,576. This income is allocated across respective funds on the accrua15 account. The net intome across all funds is £1137,576 The statement of assets and liabilities as at 31" March 2025 shows a closing balance of £37,824, comprising of £3000 unrestricted funds, £34,824 Restricted Funds. 4. Publlc Benefit Statement The trustees have referred to the Charity Commission'5 guidance on publlc benefit when reviewing the charity's objectives and planning its future activities. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our se￿iCe users 5. Objertives and activities THE OBJECTS THE CIO ARE., TO PROMOTE SOCIAL INCLUSION POR THE PUBLIC BENEFIT BY WORKING PEOPLE IN SUNDERLAND WHO ARE SOCIALLY EXCLUDED ON THE GROVNDS OF THEIR ETHNIC ORIGIN. RELIGION. BELIEF OR CREED IIN PARTICULAR MEMBERS OF THE AFRICAN COMMUNITYI TO RELIEVE THE NEEDS OF Suckt PEOPLE AND ASSIST THEM TO INTEGRATE INTO SOCIETY, IN PARTICULAR BY AI PROMDING A LOCAL NETWORK GROUP TWT ENCOURAGES AND ENABLES klEMBERS OF THE AFRICAN CQMMUNITY TO PARTICIPATE MORE EFFECTIVELY WITH THE WIDER COMMUNITY.. BI IPJCREASING. OR COQRDINATING. OPPORTUNITIES FOR MEMBERS OF THE AFRICAN GOMMUNifi TO ENGAGE WITH SERVICE PROVIDERS, TO ENABLE THOSE PROVIDERS TO ADAPT SERVICES TO BEfFER MEET THE NEEDS OF THAT COMMUNITY. THE RELIEF OF FINANCIAL HARDSHIP. EITrER GENERALLY OR INDIVIDUALLY, OF MEMBERS OF THE AFRICAN COMMUNITY LIVING IN SUNDERLAND BY MAKING GRANTS OF MON￿ FOR PROVIDING OR PAYING FOR ITEMS SERVICES OR FACIL ￿lEs TO PRESERVE AND PROTECT THE PHYSICAL AND MENTAL HEALTH OF THOSE GRANTÉD REFUGEE STATUS AND THEIR DEPENDANTS vi New Horizon offer a range of seNices and activities designed to improve the life chances of participants. Area of Support KeyTasks Impact Employment Support CV and interview technique coaching Applying for jobs In work benefit Calculation Eligibility Increased employability Improvement in prospects Improved knowledge of UK work culture Increased confidence New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I, April 2024 to 31" March 2025 UK working culture Housing Support Applying for a property Liasing with Sunderland City CoLJn¢il l Gentoo l Housing Associations Facilitating move from inadequate private housing to social housing Referrals to FISCUS Iben8fitsl Improvement in living environment Improvement to physical and mental health Mental Health Support Breaking down cultural barriers regarding acceptance of mental health through regular health events Increased knowledge of mental health issues Improved knowledge ofwhere to access support Welfare Benefits luc Provision of advice relating to eligibility and calculations of potential benefits Assistance completing application process - Advocacy Increased knowledge of the benefit system Relief of financial hardship Communityl Integration events Planning. delivery and evaluation of a wide range of integration and information events, such as cultural events, health events. launch events and so¢i81 events Increased feelings of inclusion and cohesion Improved social ne￿orkS and Opportunities Improved mental and physical Health Immigration Support Provide IAG on different immigration issues affecting the BME community New Horizon Sunderland Charity No. 1201164 Tru5tee5 Annual Report for the period I, April 2024 to 31, March 2025 6. Statèment of Trusteès responsibllltles The trustees are responsible for preparing the Trustees, Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accountin8 Standards (United Kingdorn Generally Accepted Accounting Practice). In preparing those financial statements. the trustees are required to.. select suitable accounting policies and apply them consistently. make judgement5 and estimates that are reasonable and prudent. state whether applicable accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. o prepare the financial statements on the going concern basis unles5 It is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for takin8 reasonable step5 for the prevention and detection of fraud and other irregularities. Approved by the Board on and are signed on thelr behalf by- Name Signature 61 Page New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I" April 2024 to 31" March 202S Indèp•nd¢nt Examlnors R¢portlo th• Tru$toe$ I report on the financial statements of New Horizon Sunderland for the period 151 Aprll 2024 to 31$1 March 2025. which arè set out on pag6s 7 to 10 Rasp&ctlva r•sponslbllltlas of tru$to•s and oxamlnor The Charity's trustees are responsible for the preparation of the accounts. The charity's Iruslees consider that an audit is not required for the year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility lo.. examine the accounts under secb'on 145 of the 2011 Act, to follow the Procedures latd down in the general Directions given by the Charity Commission (under section 14515}Ib) of the 2011 Act). and to stste whether particular matters have come lo my attention. Bas1$ of Independent examlnerfs statement My examination was carried out in accordance with general Dlrections given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual item$ or disclosures in the accounts, 8nd seeking exp18nalions from the Irustgès Concerning any such mallers. The procedures undertaken do not Provide all the evidence that would b8 required in an audit. and consequently no opinion is given as to whether the accounts presenl a 'lrue and fair view and the report is limited to those matters Set out in the statement below. Independent examinerfs ststement In connection with my examination. no matter has come to my attention.. 111 which gives me reasonable cause to believe that in, any material respect. the requirements.. lo keep accounting records in accordance with section 130 of the 2011 Act.. to prepar8 accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been mel '. or 121 to whlch, in my opinion, attention should be drawn in ortjer to enabla a proper understanding of the accounts to be reached. Julie Maxwell Date 2610612025 New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I, April 2024 to 31" March 2025 Income and Expenditure Account Income Unrestrirted Restrl¢ted Total 2025 Totsl 2024 Communlty Fund Phoenix Way Fund Comrriunity Fund Community Fund (Awards for All) Access Reach Fund Community Foundation Heritage Lottery Children in Need Sport England Comic Relief Shared Sunderland Sunderland DP £42,711 £0 £0 £0 £0 Éo £64,615 £9,021 £11,080 £2,500 £4,649 £42,711 £0 £0 43,901 47,750 29.945 10.000 10.2CI) £0 £0 £0 £64,615 £9,021 £11,080 £2,500 £4,649 £3,000 £3,000 £3.000 £134,576 £137,576 £141.796 Expendlture Salaries inc Penslon and Nl Support Staff Costs Project Delivery Costs Project Consultation Evaluation Rent Insurance Business Development / Plan Book KeeperlAccovnts Staff Training Food / Refreshments Accomodation Costs Activities 51,844 9,423 40,312 4.971 3,550 51,844 9,423 40,312 4.971 3.550 3,800 33,692 13,823 3,520 460 10,200 921 1,800 3,058 7,723 1,063 3,279 795 16,918 662 16,918 662 4,501 4,501 7,126 7,126 Volunteer Costs Travelling Office ITIComms Office Expenses Marketing / Capacity Bank Charges Website Depreciation Total Expenditure 653 3,277 1,800 653 3,277 1.800 1,401 1,130 1,280 8,574 158.690 1,280 8,574 158,690 540 1,453 84,858 Surpluslldeficitl for year 3,000 -24.114 -21,114 58,938 Opening ReseNes 58,938 58.938 C105ing Reserves 3,000 34,824 37,824 58,938 New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I" April 2024 to 31" March 2025 ststement of Assets and Liabilities as of 31, March 2025 Balance Sheet as at 31st March 2025 ASSETS Fixed Assets Other Equipment Office equipment and IT- Cost Depreciation 2025 2025 2024 £2,907 £5,667 -£8,574 £3,310 £1,050 -El,453 TotulFixedAssets Current Assets Cash at Bank Cash Oebtor5 £0 £2.907 £38,185 £56,380 Totol Assets £38,185 £59,287 LIABILITIES Prepayment5 Creditors due in the year -£360 -£350 TOTAL LIABILITIES -£360 -£350 TOTAL NET ASSETS £37,825 £58,938 EQUITY balance Carried Fonllard Net Profit l Loss £58,938 -£21,113 £37.825 £0 £58,938 £58,938 Approved by the Board on olu}LS and are signed on their behalf by.. Name CILO Signature New Horizon SLsnderland Charity No. 1201164 Trustees Annual Report for the period I" April 2024 to 31" March 2025 l. Basis of Accounting The accounts have been prepared using the accruals method. An audit Is not rèquired bv the Charity's constitution and has not been requested by the Trustees. 2. Grants The following fuftding was received during the period.. Restricted Funds Heritage Lottery Children in Need Sports England Comic Relief Shared Sunderland Reaching Communities Total 64,615 9,021 11,080 1,750 4649 42,711 £134,576 3. Trustee Expenses No Tfustees were paid expense5 during the period 4. Guarantee There have been no guarantees given by New Horizon Sursderland at 31" March 2024 5. Oebt There is no debt outstanding which is owed by New Horizon Sunderland and which is secured by an excess charge on any of the assets of New Horizon Sunderland at 31" March 2024 6. Governlng Document The organis3tion is a Charitable Incorporated OrganSsation - Foundation registered on 22 November 2022 as a body corporate under part 11 of the Charities Act 2011. 7. Rlsks The trustees have examined the major risks which the charity faces in relation to external factors, governance and management, internal operations and business. The trustees have considered the likelihood and the impact of risk5. and continually review the systems in place to reduce those risks. The systems are being designed to provide reasonable assurance against material10s5. IOIP3ge New Horizon Sunderland Charity No. 1201164 Trustees Annual Report for the period I" April 2024 to 31" March 2025 Depreciation Depreciation has been calculated as a flat line based on lOO% 9. Movement of Major Funds 2024 2025 Fund Balances Fund balances Receipts Payments Adjustments blfwd. cl￿d. Restricted Funds Reaching Communities Phoenix Way Fund C05t of Living Project Community Fund IAward5 for All) Heritage Lottery Children in Need Sport England Comic Relief Shared Sunderland 3792 42711 46046 457 47750 47564 186 1574 1574 5,822 5822 64615 40314 24301 9021 2790.5 6230.5 11080 8180 2900 2500 1750 750 4649 4649 TotÉvl 58,938 134,576 34,825 Unrestricted Funds General Funds 3,000 3,000 Total Funds 58,938 137.576 158.690 37.825