New Horizons is a local, independent service provider in Jersey. We are dedicated to offering a person centred approach to social care services in the home and community along with supported holidays.
New Horizons follows a social enterprise business model. All staff working for New Horizons have the opportunity to share in our success through our performance related profit sharing scheme.
New Horizons has been established to support the development and delivery of sustainable local social care services, promoting equality in our community.
We also provide supported holidays for people with a variety of special needs including Learning Disabilities, Autistic Spectrum Conditions, Physical Disabilities and the Elderly, along with their families/carers.
What is a Social Enterprise ?
A social enterprise is an organisation that applies commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for external shareholders.
Social enterprises are businesses that trade to tackle social problems, improve communities, people’s life chances, or the environment.
They make their money from selling goods and services in the open market, but they reinvest their profits back into the business or the local community and so when they profit, society profits.
The characteristics of a social enterprise
Social enterprises should:
- Have a clear social and/or environmental mission set out in their governing documents
The social enterprise community agrees that the primary aim of all social enterprises must be a social or environmental one.
Generate the majority of their income (more than 50%) through trade
- Reinvest the majority of their profits
What a social enterprise does with its profits is a critical way in which social enterprise is distinct from standard businesses.
We believe the majority (more than 50%) of an organisation’s profits should be reinvested to further its social or environmental mission.
We recognise that reinvesting profits alone does not necessarily equate to the creation of social value. Howeve, we believe that alongside other factors, the reinvestment of profits is a clear indicator that an organisation is not set up primarily for owner or shareholder value.
- Be autonomous of state
Social enterprises are autonomous organisations that are independent of the state.
- Be majority controlled in the interests of the social mission
Ownership and control are essential questions in social enterprise, ideally social enterprise should be owned and controlled in the interest of its social or environmental mission.
Many social enterprises choose to ensure that their assets are legally protected and permanently retained for social or environmental benefit (this means they cannot be bought-out and privatised).
- Be accountable and transparent
As they’re organisations operating in the wider interests of society, we believe that transparency and accountability are critical for social enterprises.
At New Horizons, we believe accountable structures are desirable. There are many different ways in which organisations can protect their social mission.
I have chosen to incorporate New Horizons as a Limited Company, with myself as sole director. I am therefore accountable for our social mission as well as our financial performance.
As a social entrepreneur I am attracted to the social enterprise business model because it allows me the flexibility to be responsive and dynamic.
Our accountability lies with our customers. I believe that transparent financial, social and environmental reporting is absolutely essential, allowing the sector, customers, employees and investors to make the judgement on New Horizons social credentials.
Anthony Evans, Director, August 2013
New Horizons is a member of Social Enterprise UK where more information on Social Enterprises can be found.