NOVA NEW OPPORTUNITIES

Registered charity 1158238 · accounts filings on the Charity Commission register · also known as NOVA NEW

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.

Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · Other Charitable Purposes · website · Get email alerts

Latest income
£725k
Latest spending
£802k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity drew down reserves to cover a deficit, ending the year with £44,000 in free reserves against a policy target of £185,000. The trustees acknowledge the challenging funding environment and note that steps have been taken to control expenditure and rebuild reserves, while confirming the organization continues as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: charitable trusts (70% of income)
“70% of our Income was raised from charitable trusts” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £44k; policy: three months' running costs)
“With reserves of £44K Nova is now focused on rebuilding them.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

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

Public fundraising profile: JustGiving — Nova New Opportunities (matched by registered charity number).

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£725k
Total spending
£802k
Cost of raising funds
£27k
Reserves (reported)
£44k
Employees
15

Reported reserves equal ~0.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (93% 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: 3.7% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Brent · City Of Westminster · Hammersmith And Fulham · Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
31/03/2025£725k£802k
31/03/2024£718k£678k
31/03/2023£592k£604k
31/03/2022£592k£642k
31/03/2021£593k£502k

Common questions

Is NOVA NEW OPPORTUNITIES financially healthy?

Per its FY2025 accounts: The accounts state that the charity drew down reserves to cover a deficit, ending the year with £44,000 in free reserves against a policy target of £185,000. The trustees acknowledge the challenging funding environment and note that steps have been taken to control expenditure and rebuild reserves, while confirming the organization continues as a going concern. Its FY2025 accounts were independently examined.

Who funds NOVA NEW OPPORTUNITIES?

Funders whose own accounts filings name NOVA NEW OPPORTUNITIES as a grant recipient include Young K&C, THE CAMPDEN CHARITIES TRUSTEE, WELLINGTON MANAGEMENT UK FOUNDATION, THE GROVE TRUST, THE KENSINGTON AND CHELSEA FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
Young K&CFY2022£275kHoliday Activities and Food
THE CAMPDEN CHARITIES TRUSTEEFY2025£140kPartnership funding
THE CAMPDEN CHARITIES TRUSTEEFY2024£92kPartnership Funding
THE CAMPDEN CHARITIES TRUSTEEFY2022£80kPartnership Funding
THE CAMPDEN CHARITIES TRUSTEEFY2023£68kPartnership Funding
WELLINGTON MANAGEMENT UK FOUNDATIONFY2022£60k
THE GROVE TRUSTFY2023£44kBack on Track Programme
WELLINGTON MANAGEMENT UK FOUNDATIONFY2024£40k
THE KENSINGTON AND CHELSEA FOUNDATIONFY2024£22kSkills + Employment portfolio
KUSUMA TRUST UKFY2023£21kFamily Programme’s School Holiday Activity Programme
WELLINGTON MANAGEMENT UK FOUNDATIONFY2021£20k
KUSUMA TRUST UKFY2024£20k2023-24 Family programme
KUSUMA TRUST UKFY2023£20k2023-24 Family programme
THE KENSINGTON AND CHELSEA FOUNDATIONFY2024£18kImproving Mental Health portfolio
WELLINGTON MANAGEMENT UK FOUNDATIONFY2023£7k
THE SHAFTESBURY HOMES AND ARETHUSAFY2025£6k
JOHN LYON'S CHARITYFY2025£5kthe Summer Holiday Family Programme 2024
GILCHRIST EDUCATIONAL TRUSTFY2026£2k
WESTWAY TRUSTFY2024£2kSmall grants to local charities and community groups
WESTWAY TRUSTFY2023£1kGrenfell Response
SSP FOUNDATIONFY2022£500

Government & lottery funding

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

FunderDateAmountPurpose
The Mercers' Company02/07/2026£125kGrant to Nova New Opportunities
The National Lottery Community Fund17/04/2025£20kRebound: Urgent Support Project
The National Lottery Community Fund13/04/2023£152kSocial Change
The National Lottery Community Fund30/08/2022£10kInformation Advice & Guidance
The National Lottery Community Fund12/03/2021£10kTEDx Ladbroke Grove
UK government15/09/2020£20kCoronavirus Community Support Fund
City Bridge Foundation30/01/2020£150kGrant to Nova New Opportunities
The National Lottery Community Fund23/01/2020£1kThe Great Get Together - North Kensington
The National Lottery Community Fund25/07/2019£10kTEDx Ladbroke Grove
City Bridge Foundation28/11/2013£51kGrant to Nova New Opportunities
The National Lottery Community Fund19/08/2008£6kBetter Volunteering
The National Lottery Community Fund14/06/2006£5kEquipment and Training
The National Lottery Community Fund23/11/2005£126kTraining for Unemployed BME Communities

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NOVO COMMUNITIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
NOVA NEW OPPORTUNITIES£725k—0below—no doubt
NOVO COMMUNITIES FY2024£112k—0below—noted
NOVO JIBON FY2025£676k—0within—no doubt
THE NOAH ENTERPRISE (NEW OPPORTUNITIES AND HORIZONS) FY2025£1.9m——above—no doubt
TERRA NOVA SCHOOL TRUST LIMITED FY2025£3.4m——above—no doubt
NOA GIRLS FY2025£1.9m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.