Onvero
Latest income
£2.0m
Latest spending
£2.0m
Registered
2004
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £1,243,435 exceed the trustees' stated policy target of six months' fixed costs (£863,743). Although the charity reported a net deficit of £8,207 for the year, the trustees confirm adequate resources for going concern and note that reserves are sufficient to cover the charity's needs.
What the accounts disclose
Reserves policy: six months’ fixed costs (held: £1.2m)
“On this basis the Trustees have set a target for expendable reserves representing six months’ fixed costs, which in this current financial year is £863,743.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Thomas Berry is Chairman for Chameleon MikeWorldWide; Onvero invoiced £72,600 for PR services.
“Trustee Thomas Berry is the Chairman for Chameleon MikeWorldWide. Onvero were invoiced £72,600 including VAT for PR services, of which £nil was outstanding at year end.” — page 27
“Trustee Thomas Berry is a member of the College Council at King's College London. Onvero have invoiced £38,760 including VAT for membership and training and consultancy services, of which £10,200 was outstanding at year end.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Thomas Berry is a member of King's College London Council; Onvero invoiced £38,760 for membership/training.
“Trustee Thomas Berry is the Chairman for Chameleon MikeWorldWide. Onvero were invoiced £72,600 including VAT for PR services, of which £nil was outstanding at year end.” — page 27
“Trustee Thomas Berry is a member of the College Council at King's College London. Onvero have invoiced £38,760 including VAT for membership and training and consultancy services, of which £10,200 was outstanding at year end.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Sarah Churchman is a consultant for Radius Networks; Onvero invoiced £6,600 for sponsorship.
“Trustee Thomas Berry is the Chairman for Chameleon MikeWorldWide. Onvero were invoiced £72,600 including VAT for PR services, of which £nil was outstanding at year end.” — page 27
“Trustee Thomas Berry is a member of the College Council at King's College London. Onvero have invoiced £38,760 including VAT for membership and training and consultancy services, of which £10,200 was outstanding at year end.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Richard Kramer was CEO of Sense; Sense was invoiced £1,980 for membership.
“Trustee Thomas Berry is the Chairman for Chameleon MikeWorldWide. Onvero were invoiced £72,600 including VAT for PR services, of which £nil was outstanding at year end.” — page 27
“Trustee Thomas Berry is a member of the College Council at King's College London. Onvero have invoiced £38,760 including VAT for membership and training and consultancy services, of which £10,200 was outstanding at year end.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.0m
Total spending
£2.0m
Reserves (reported)
£1.2m
Employees
20
Trustees
- Claudine Adeyemi
- IAN MCLEAN ADAMS
- Jennie Rebecca Martha Drimmer
- Richard Kramer
- Shelley Portet
- Tejal Maniar
- Thomas Jonathan Rowland Berry
- Will Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £2.0m |
| 31/03/2024 | £1.9m | £1.9m |
| 31/03/2023 | £1.9m | £1.7m |
| 31/03/2022 | £1.9m | £1.3m |
| 31/03/2021 | £1.6m | £1.6m |
Common questions
Is Onvero financially healthy?
The accounts state that unrestricted reserves of £1,243,435 exceed the trustees' stated policy target of six months' fixed costs (£863,743). Although the charity reported a net deficit of £8,207 for the year, the trustees confirm adequate resources for going concern and note that reserves are sufficient to cover the charity's needs. Its FY2025 accounts were audited by Azets Audit Services.