Charity Accounts Intelreading the accounts so you don’t have to

RENEWABLE WORLD

Registered charity 1119467 · accounts filings on the Charity Commission register · also known as THE KORU FOUNDATION

Renewable World tackles poverty through renewable energy. It works in East Africa and South Asia to promote affordable reliable energy services for poor consumers to improve income generation, enterprise development, health & education. Our unique relationship with the Renewable Energy industry allows us to leverage skills, expertise and resources to support and develop our work.

Causes: Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.4m
Latest spending
£1.5m
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year in robust financial health with unrestricted reserves of £406,029, which exceeds the stated policy target of £230,000. Although the charity reported a net movement in funds of -£125,768 due to a transitional period in funding, the trustees confirmed adequate resources to continue operations for the foreseeable future.

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

What the accounts disclose

Largest income source: Jersey Overseas Aid (JOA) (36% of income)
“Jersey Overseas Aid (JOA) 484,045”
Per its FY2025 accounts as filed with the Charity Commission.
Fundraising cost ratio: 2.0% of fundraised income, as disclosed
“fundraising and governance costs are 2%”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months core operating costs (held: £406k)
“This flexible reserve target will be broadly equivalent to three months core operating costs, giving us a target of £230,000 at the end of 2024-25.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees donated £26,705 to the charity.
“During the year the trustees donated £26,705 to the charity. No donations were made by trustees during the prior year.” — page 31
“During the prior year, a donation totalling £5,000 was made to the charity by Two Sides Leadership & Brand Transformation Limited, a company controlled by S Walker, who serves as a trustee.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Two Sides Leadership & Brand Transformation Limited, controlled by trustee S Walker, donated £5,000 in the prior year.
“During the year the trustees donated £26,705 to the charity. No donations were made by trustees during the prior year.” — page 31
“During the prior year, a donation totalling £5,000 was made to the charity by Two Sides Leadership & Brand Transformation Limited, a company controlled by S Walker, who serves as a trustee.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Renewable World (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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

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

Total income
£1.4m
Total spending
£1.5m
Cost of raising funds
£37k
Reserves (reported)
£335k
Employees
29

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% 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: 2.7% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Brighton And Hove · Kenya · Nepal · Tanzania

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£1.5m
31/03/2024£2.4m£2.3m
31/03/2023£1.9m£1.7m
31/03/2022£3.4m£3.1m
31/03/2021£1.8m£1.5m

Common questions

Is RENEWABLE WORLD financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year in robust financial health with unrestricted reserves of £406,029, which exceeds the stated policy target of £230,000. Although the charity reported a net movement in funds of -£125,768 due to a transitional period in funding, the trustees confirmed adequate resources to continue operations for the foreseeable future. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.

Who funds RENEWABLE WORLD?

Funders whose own accounts filings name RENEWABLE WORLD as a grant recipient include THE REED FOUNDATION, DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST, THE HAPPOLD FOUNDATION, THE EQ FOUNDATION, THE FORRESTER FAMILY TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE REED FOUNDATIONFY2022£69kChristmas Challenge
DAVID & RUTH LEWIS FAMILY CHARITABLE TRUSTFY2025£50kGeneral charitable funding
DAVID & RUTH LEWIS FAMILY CHARITABLE TRUSTFY2024£50kGeneral charitable funding
THE HAPPOLD FOUNDATIONFY2023£30kOrganisational Grant
THE HAPPOLD FOUNDATIONFY2022£30kOrganisational Grant support (2021-2022)
THE HAPPOLD FOUNDATIONFY2024£30kOrganisational Grant for Human Development projects
THE HAPPOLD FOUNDATIONFY2025£30kHuman Development Organisational Grant
THE EQ FOUNDATIONFY2022£25kEnvironment and climate change
THE FORRESTER FAMILY TRUSTFY2022£25kTHEME OF THE YEAR
ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENTFY2022£20k
THE COLES-MEDLOCK FOUNDATIONFY2023£15k
THE COLES-MEDLOCK FOUNDATIONFY2024£15k
THE COLES-MEDLOCK FOUNDATIONFY2025£10k
THE KIRBY LAING FOUNDATIONFY2022£10kOverseas Development
THE KIRBY LAING FOUNDATIONFY2021£10k
THE AUSTIN BAILEY FOUNDATIONFY2023£5kFlagship
THE PETER STEBBINGS MEMORIAL CHARITYFY2022£5k
THE BATCHWORTH TRUSTFY2023£5k
THE PETER STEBBINGS MEMORIAL CHARITYFY2023£5k
THE GREEN ROOM CHARITABLE TRUSTFY2023£5kDisability Africa
THE TULA TRUST LIMITEDFY2023£4k
THE TULA TRUST LIMITEDFY2024£3k
THE AUSTIN BAILEY FOUNDATIONFY2023£3kFlagship
THE AUSTIN BAILEY FOUNDATIONFY2022£3k
THE MAGENI TRUSTFY2024£2k
THE MAGENI TRUSTFY2023£2k
THE S M B TRUSTFY2022£2k
THE AUSTIN BAILEY FOUNDATIONFY2023£1kFlagship
THE MAGENI TRUSTFY2022£1k
THE MAGENI TRUSTFY2025£1k
MISS E F RATHBONE CHARITABLE TRUSTFY2024£1kInternational
THE OAKDALE TRUSTFY2022£1k
THE OAKDALE TRUSTFY2024£1k
THE PETER STEBBINGS MEMORIAL CHARITYFY2024£0

Government & lottery funding

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

FunderDateAmountPurpose
Foundation Scotland02/04/2025£10kGrant to Renewable World
The National Lottery Community Fund31/10/2014£505kSolar MUS for Sustainable Livelihoods

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.

FunderSimilar charities fundedAmount to them
THE AURORA TRUST1£1.2m
THE LINBURY TRUST1£688k
KUSUMA TRUST UK1£592k
THE OVO CHARITABLE FOUNDATION1£376k
AEONIAN FOUNDATION1£239k
Howden Foundation1£195k
THE MARK LEONARD TRUST1£140k
THE TURNER-KIRK TRUST1£120k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SAVE OUR WORLD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RENEWABLE WORLD£1.4m——unclear2.0%no doubt
SAVE OUR WORLD FY2025£870k—0unclear—no doubt
SEVERN WYE ENERGY AGENCY FY2025£10.5m£80,001 - £90,000—unclear—no doubt
Ashden Climate Solutions FY2025£7.4m—8unclear—no doubt
CHILDREN'S WORLD FY2025£112k—0unclear—no doubt
BETTER WORLD CHARITY LIMITED FY2024£761k£90,001 - £100,0001unclear—no doubt

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