RENEWABLE WORLD

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

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.

What the accounts disclose

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.

Corporate structure

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

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).

Trustees

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?

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 DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST, THE HAPPOLD FOUNDATION, ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, THE COLES-MEDLOCK FOUNDATION, THE KIRBY LAING FOUNDATION.

Known funders

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

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
CHAPEL & YORK UK FOUNDATION LIMITED1£9k

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