New Horizons Community Enterprise
Analysis
New Horizons Community Enterprise is a registered charity in England and Wales, based in Walsall. It was registered in June 2003, 23 years ago. Its declared purposes cover general charitable purposes, education/training, the advancement of health or saving of lives and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04582937). It says it makes grants to individuals, makes grants to organisations and provides human resources.
In the financial year ending March 2025, New Horizons Community Enterprise reported income of £1.2m and spending of £1.2m, spending 100% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.0m to £1.2m (+18%), an average of +4.2% a year. The sharpest change came in the year to March 2022, when income rose by 23%. Over the whole period it spent 92% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, New Horizons Community Enterprise sits at the 90th percentile: it is larger than about 90% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include The Children's Adventure Farm Trust Ltd (£1.2m), Devon Mind (£1.2m) and Jamal Edwards Self Belief Trust (£1.2m).
In its latest detailed accounts, income came from charitable activities 96% and investments 4.1%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £1.8m would cover about 18 months of spending at that rate. It employed 7 people.
Income and spending
Where the income comes from
- Donations 0.0%
- Charitable activities 96%
- Investments 4.1%
- Other 0.1%
In the charity's own words
The promotion of regeneration in areas of social and economic deprivation in the area of Walsall and in particular, Blakenall, Bloxwich East and Leamore, in accordance with the Objects as listed on page 2 of the Memorandum and Articles of Association of the charity.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Children's Adventure Farm Trust Ltd | Altrincham | £1.2m |
| Devon Mind | Plymouth | £1.2m |
| Jamal Edwards Self Belief Trust | London | £1.2m |
| The Happy Baby Community | London | £1.2m |