RENOVA TRUST
To relieve the needs of people who are former rough sleepers, vulnerably housed people or people who would otherwise be at risk of street homelessness, in Berkshire and such parts of the United Kingdom as the charity trustees may from time to time decide.
Financial health, per its FY2025 accounts
The accounts state that the charity remains financially viable with unrestricted free reserves of £35,041, which is below the trustees' policy target of approximately £47,500 (three months' operating costs). Per the trustees' report, the charity has grown its income to £202,075 and expanded its housing capacity, though it notes that the cost-of-living crisis has made increasing the regular donor pool difficult.
What the accounts disclose
“One trustee received remuneration of £42,562 (2024: £37,500) and £1,719 (2024: £1,500) of Pension Contributions in the year under review by virtue of their position as Chief Executive Officer of the charity.” — page 11
“One trustee received remuneration of £42,562 (2024: £37,500) and £1,719 (2024: £1,500) of Pension Contributions in the year under review by virtue of their position as Chief Executive Officer of the charity.” — page 11
Funders the charity credits
- Syder Foundation
- Shanly Foundation
- 54:2 Foundation
- Wokingham Lion’s Club
- Invesco Cares
- Stewardship
Property (HM Land Registry)
Trustees
- Lincoln Osunkoyachair
- Amatesiro Osunkoya
- Caradog Davies
- Omolara Fetuga
- Vincent Balogun
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £202k | £190k |
| 31/03/2024 | £160k | £125k |
| 31/03/2023 | £180k | £118k |
| 31/03/2022 | £112k | £80k |
| 31/03/2021 | £291k | £35k |
Common questions
Is RENOVA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity remains financially viable with unrestricted free reserves of £35,041, which is below the trustees' policy target of approximately £47,500 (three months' operating costs). Per the trustees' report, the charity has grown its income to £202,075 and expanded its housing capacity, though it notes that the cost-of-living crisis has made increasing the regular donor pool difficult. Its FY2025 accounts were independently examined.
What does the highest-paid employee of RENOVA TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £42,562 band.
Who funds RENOVA TRUST?
Funders whose own accounts filings name RENOVA TRUST as a grant recipient include Wokingham United Charities, THE BEATRICE LAING TRUST, KERITH COMMUNITY CHURCH, WOKINGHAM LIONS CLUB (CIO), THE HOBSON CHARITY LIMITED.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Wokingham United Charities | FY2023 | £6k | Grants via Berkshire Community Foundation |
| THE BEATRICE LAING TRUST | FY2025 | £5k | |
| KERITH COMMUNITY CHURCH | FY2022 | £2k | |
| WOKINGHAM LIONS CLUB (CIO) | FY2025 | £1k | |
| KERITH COMMUNITY CHURCH | FY2023 | £600 | |
| THE HOBSON CHARITY LIMITED | FY2023 | £300 | Homelessness |
| Wokingham United Charities | FY2025 | £0 | Relief in Need |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 01/05/2026 | £20k | Renova Trust - Housing the Homeless |
| The National Lottery Community Fund | 01/03/2024 | £20k | Renova Trust - Housing the Homeless |
| UK government | 22/11/2023 | £5k | South Central Probation Region Grants for the benefit of people from ethnic minority groups |
| UK government | 21/11/2023 | £11k | South Central Probation Region Grants for the benefit of people from ethnic minority groups |
| UK government | 27/11/2020 | £18k | DCMS VSCE CMC Covid Funding |
| UK government | 14/09/2020 | £10k | Coronavirus Community Support Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THALES CHARITABLE TRUST | 1 | — |
| IRWIN MITCHELL CHARITIES FOUNDATION | 1 | £189k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £15k |
| THE JONES 1986 CHARITABLE TRUST | 1 | £10k |
| THE THOMAS FARR CHARITY | 1 | £8k |
| THE MARY ROBERTSON TRUST | 1 | £6k |
| THE JOHN COATES CHARITABLE TRUST | 1 | £6k |
| THE ARCHER TRUST | 1 | £4k |
Charities like this
- RENEWED HOPE TRUST
- THE RENEWAL TRUST
- BURTON RENEWAL FELLOWSHIP
- COL-RENO LIMITED
- Stay Charity
- SALISBURY TRUST FOR THE HOMELESS LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RENOVA TRUST | £202k | £42,562 | 0 | unclear | — | no doubt |
| RENEWED HOPE TRUST | £303k | — | 0 | within | — | no doubt |
| THE RENEWAL TRUST | £428k | — | 0 | above | — | no doubt |
| BURTON RENEWAL FELLOWSHIP | £153k | — | 0 | unclear | — | no doubt |
| COL-RENO LIMITED | £148k | — | 0 | above | — | no doubt |
| Stay Charity | £2.2m | — | 0 | unclear | — | no doubt |