| | |
|---|---|
| | |
| | |
| | |
| 2 | |
| Cashflows | |
| | 33 |
3
Loughborough Junction Action Group Report of the Trustees Continued For the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Objectives and aims
About Loughborough Junction Action Group
The Loughborough Junction Action Group (LJAG) is a volunteer-led social action charity based in Loughborough Junction in south London. We aim to improve the environment of Loughborough Junction and the lives of the people who live and work here. It is our mission to make Loughborough Junction a great place to live and work. We inspire pride and a sense of place in Loughborough Junction. Our strategic plan identifies four strands which comprise our DNA: the circular economy; employment and volunteering; children and young people; and health and wellbeing.
Over the years, LJAG have organised and delivered a range of activities and services aimed at improving the lives of people who live and work in Loughborough Junction and been instrumental in attracting over £3 million of public investment into the area.
LJAG is committed to unlocking power and talent in the community. This is demonstrated in how it successfully secured three local assets - under threat of closure, derelict or under-used - and transformed them into vibrant local spaces to offer and support:
-
the circular economy and sustainability, eg our community café, food growing, greening and zero waste initiatives
-
employment and volunteering
-
children and young people's services
-
health and wellbeing programmes including intergenerational working
Our spaces are run by talented project leads, alongside delivery teams and volunteers, all local residents with LJAG providing leadership, governance, financial and infrastructure support.
Highlights of the year
The Platform Café: From small beginnings in 2017 when it opened two days a week, the Cafe has undergone several renovations, is now open five days a week, and has a growing reputation for catering for clients such as Lambeth council and King's College Hospital. As well as serving tasty vegetarian food, cakes and coffee, the cafe has provided free meals, has run a youth employment and skills training programme for young people facing challenges to employment, hosted many community events and provided catering for many organisations (public, private and charitable).
Loughborough Farm, in conjunction with the Café, has run the Seedlings programme of nature-based learning for parents/carers of children aged 0-5 and worked with local primary schools. The Farm worked with lecturers and students from the architecture department of London South Bank University who designed and built a performance space in Wildmind Yard and began planning a larger plant room.
Grove Adventure Playground has continued to grow as a vibrant, inclusive space where children and young people are encouraged to explore, create, and develop through play. Highlights include innovative art collaborations with the Architectural Association and the Stockwell Wall of Fame, hands-on metalwork projects, and confidence-building activities such as handling reptiles and participating in escape room challenges. With support from Transport for London, young people gained practical skills through our bike maintenance course. The 13+ group participated in a Life Skills Adventure to Brighton, promoting independence and teamwork. Our new Digital Inclusion Project further strengthened community connections by bridging generations and welcoming local homeschool families into our growing community.
Funding
We are grateful to all our funders - you can see a breakdown in the notes to the accounts.
We would like to particularly thank the City Bridge Trust for their ongoing support; Garfield Weston and Mercers who have given us funding for core costs; and the London Marathon Trust which funded the first phase of the refurbishment of the Grove Adventure Playground.
We thank them all for their support of LJAG and its projects. Most funding is linked to the delivery of our projects and is restricted, so we would like to single out special thanks to the Mercers which has given us unrestricted funding for the next three years.
Since the end of the financial year, we have received major funding from: Childhood Trust; City Bridge Foundation; Fiveways PCN; Grange Farm Foundation; Henry Smith Foundation; Lambeth council EIPS; Lambeth council HAF funding; Skinners'
2 of 23
People
3
Grove Adventure Playground
The Platform Café
3
Loughborough Farm
Craft workshops
LJ Neighbourhood Forum
3
Loughborough Junction Action Group Report of the Trustees Continued For the year ended 31 March 2025
area at the Inspector's hearing on the DSADP that is setting the parameters for three development sites in Loughborough Junction. We joined with two other local forums Myatt’s Fields Forum and SE5 Forum for Camberwell to express our concern to Lambeth council, the owner of the derelict Cormont Road School that the community wasn’t being adequately consulted about the future of this historic building, now on Historic England’s Heritage at Risk Register.
Health and Wellbeing
LJAG co-ordinates Thriving Fiveways, a partnership between LJAG, Ecosystem Coldharbour and Chips, which connects the community with health professionals including the Fiveways Primary Care Network (PCN). Thriving Fiveways meets on-line twice monthly on the second and last Tuesdays of the month when health professionals, social prescribers and the community come together to share news and make connections. There is a growing Thrivings network in Lambeth which has received funding from Lambeth council public health and Lambeth Together's Neighbourhood Wellbeing Delivery Alliance (NWDA) and LJAG is proud to be part of this development.
Thriving Fiveways thanks Shanelle Webb who ran the Community Living Room programme with funding from Lambeth Public Health and North Brixton Big Local. People came forward with ideas to run health and wellbeing events in the neighbourhood's community spaces. Grants of between £500 and £1,000 were made towards 18 projects, ranging from dementia awareness; to two youth music events; to podcasting for girls; to the Friday night meal at Moorlands Community Centre; to an art project at Loughborough Park Community Centre; to youth football on the Angell Town court; to Japanese martial art Shorinji Kempo; to an older men's project; and kids' coding workshops.
The future
Since the end of the financial year, LJAG has been awarded £470,000 over five years by The National Lottery Reaching Communities Fund. This is a transformational award for LJAG and we would like to thank our fundraisers Anne Utting and Rita Wahid at Integrate Agency for their work. The award will allow the charity to professionalise its operations and expand its work. Over the years LJAG has rescued underused assets and put them to community use. Over the coming months we will be asking everyone to contribute their ideas about LJAG's direction of travel. These conversations will shape how we develop as a local charity and the impact we can have, while bearing in mind our financial sustainability when the grant ends.
We would also like to thank the smaller charities and foundations, many of which have responded generously to the weekly appeal letters we send out for Grove Adventure Playground; these are: Brixton Brewery; Christadelphians Samaritan Fund; D R Fine Charitable Trust; FB Coales No 4 (Family) Trust; Marsh Charitable Trust; Merriman Foundation; MVM Charitable Trust; Neil Bruce Copp Foundation; Roedean School Mission Fund; The Angela Gallagher Memorial Fund; The Alchemy Foundation; The Ardwick Trust; The Belacqua Charitable Trust; The Bellasis Trust; The Broughton Family Charitable Trust; The Casey Trust; The Chesterhill Charitable Trust; The Invesco Cares Foundation; The James Wise Trust; The John R Murray Charitable Trust; The Leigh Trust; The Milton-Lloyd Charitable Trust; The Ogilvie Charities; The Pat Newman Memorial Trust; The Rank Foundation (Peebles Trust); The Sutton Place Foundation General Charitable Trust; The Talisman Charitable Trust; The William & Christine Eynon Charity; The Mrs Yvonne Flux Charitable Trust; Trelix Trust; VWV Charitable Trust; Worshipful Company of Gold and Silver Wyre Drawers.
Since the year end we have received the following contributions to Grove Adventure Playground: FB Coales No 4 (Family) Trust; Himat Tanna Charitable Trust; Karin Brass Memorial Fund; The Buzzacott Stuart Defries Memorial Fund; The Farthing Trust; The Invesco Cares Foundation; The Lennox Hannay Charitable Trust; The Mbili Charitable Trust; The P and G Charitable Trust; The Worshipful Company of Launderers;
FINANCIAL REVIEW
During the year the charity had an income of £600,480 (£609,390) of which £432,436 (72 percent) was restricted grant funding and £168,044 (28 per cent) was unrestricted. Our three main assets, the Grove Adventure Playground, the Platform Café and Loughborough Farm generated about £103,000 (£120,000) trading income to support our charitable work.
The net reduction in funds during the year was £108,732. Total unrestricted funds of £114,925 at the year end (compared to £66,062 restricted funds) are lower than required by our reserves policy. The Board is working to increase unrestricted income and on a Fundraising Strategy in the year ahead to address this. The results for the first half of the current year (2025/26) show donations of nearly £80,000 (cf £64,794 for the whole year ended 31/03/2025) and the Board will continue to work to increase unrestricted free reserves.
Reserves
The Trustees monitor the grants that it receives and in order to continue its work it works towards maintaining a reserve equal to three months expenditure as outlined in its reserve policy.
6 of 23
Loughborough Junction Action Group Report of the Trustees Continued For the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Loughborough Junction Action Group is a registered charity (No 1150852) and a company limited by guarantee not having a share capital (No 08100566). Loughborough Junction Action Group (LJAG) is a company limited by guarantee, incorporated on 11 June 2012, governed by its Memorandum and Articles of Association. It registered as a Charity with the Charity Commission for England & Wales on 18 February 2013. Prior to this Loughborough Junction Action Group existed as a community group, which was established in 2008.
The Charity is run by the Board of Trustees, detailed above. The Trustees meet regularly to review the performance of the Charity, consider risks and issues affecting the Charity, and to review the future plans of the Charity.
Appointment of new Trustees is governed by the Memorandum and Articles of Association, as amended by special resolution on 8 February 2013.
RISK MANAGEMENT
The Trustees actively review the major risks the Charity faces on a regular basis including risks to its future grant income. The Trustees have also examined other operational and business risks faced by the Charity and have established systems to mitigate these risks.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Loughborough Junction Action Group Charity registration number 1150852 Company registration number 08100566 Principal address Impact Brixton 17a Electric Lane London, SW9 8LA
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Kathy Jones - Chair Anthea Mary Masey Nia Dow Taylor - Treasurer Timothy Gaymer Michelle Kane Rashid Nix Afua Kudom (Appointed: 02 June 2025) Sakky Barnor (Appointed: 03 November 2025) John James David Frankland (Resigned: 03 November 2025) Clive Francis (Resigned: 03 November 2025) Hazel Dorinda Watson (Resigned: 03 November 2025)
7 of 23
Loughborough Junction Action Group Report of the Trustees Continued For the year ended 31 March 2025
Independent examiner
Caroline Clarke Counterculture Partnership LLP 23 St Leonards Road Bexhill East Sussex TN40 1HH
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Kathy Jones - Chair 2nd December 2025
8 of 23
Loughborough Junction Action Group Independent Examiners Report to the Trustees For the year ended 31 March 2025
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Caroline Clarke Counterculture Partnership LLP 23 St Leonards Road Bexhill East Sussex TN40 1HH
19 December 2025
9 of 23
| | | | | | |
|---|---|---|---|---|---|
| | | ||||
| | | | | ||
| | |||||
| | | | | | |
| | | | | | |
| | | | | | |
| | |||||
| | | | | | |
| | | | | | |
| | | | | | |
| | | | | | |
| | |||||
| | | | | | |
| | | | | |
3
| | | | |
|---|---|---|---|
| | | ||
| | |||
| | | | |
| | | ||
| | |||
| | | | |
| | | | |
| | | ||
| | | | |
| | | | |
| | | | |
| | | | |
| | |||
| | | | |
| | | | |
| | | |
2nd December 2025
3
Loughborough Junction Action Group
Cashflow Statement
For the period ended 31 March 2025
| Cash flow from operating activities Cash generated from operations Dividends, interest and rent from investments Purchase of tangible assets Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year Cash generated from operations Net movement in funds Adjustments for: Depreciation and amortisation of fixed assets Dividends, interest and rent from investments Movement in working capital (Increase)/decrease in debtors Increase/(Decrease) in creditors Cash generated from operations |
(87,276) - (28,856) (28,856) (116,132) 190,066 73,934 (108,732) 22,597 - (1,297) 156 (87,276) 2025 |
27,545 - (60,007) (60,007) (32,462) 222,528 190,066 12,283 16,032 - (16,517) 15,747 27,545 2024 |
27,545 - (60,007) (60,007) (32,462) 222,528 190,066 12,283 16,032 - (16,517) 15,747 27,545 2024 |
|---|---|---|---|
| (32,462) 222,528 |
|||
| 190,066 | |||
| 12,283 16,032 - (16,517) 15,747 |
|||
| 27,545 |
Page 12 of 23
33
| | | | | |
|---|---|---|---|---|
| | | |||
| | | | | |
| | | | | |
| | | | | |
| | | | |
43
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
Analysis of grants received
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| BBC Children in Need | 15,000 | - |
| Building Young Brixton (BYB) | 35,699 | 59,571 |
| Bupa Foundation | 1,764 | 17,037 |
| City Bridge Trust | 68,062 | 21,125 |
| Clapham Park Project - Lambeth Forum Network | 5,500 | 5,000 |
| Community Energy Fund | 6,613 | - |
| Garfield Weston Foundation | 30,000 | - |
| Gosling Foundation | - | 10,000 |
| Greater London Authority - Go London | 19,926 | - |
| GTR Govia Thameslink | 10,000 | - |
| Hubbub Foundation | 5,000 | - |
| IDA Foundation | 11,000 | - |
| Impact on Urban Health | 5,400 | - |
| Kusuma Trust | - | 25,000 |
| Lambeth Community Fund | - | 26,037 |
| London Borough of Lambeth | 89,288 | 118,568 |
| London Marathon Foundation | 49,550 | - |
| London Sport | 10,000 | - |
| London Youth | - | 3,850 |
| Mercers Trust | 40,500 | - |
| National Children's Bureau | - | 11,125 |
| National Lottery | - | 63,574 |
| North Brixton Big Local (via Integrate Fundraising) | 12,000 | - |
| Other Grants | 8,384 | 659 |
| Peter Minet Trust | - | 5,000 |
| Sport England | - | 7,200 |
| TfL walking and cycling grants (WCGL) | 3,000 | - |
| The Brixton Project | - | 5,536 |
| The Ironmongers' Company | - | 8,916 |
| The Skinner's Company - First year (of three) payment of grant | 8,000 | - |
| The Swire Charitable Trust | - | 24,000 |
| Walcot Foundation | - | 10,000 |
| 434,686 | 422,198 |
15 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
3. Income from charitable activities
| Unrestricted funds Cafe Income from charitable activities Grove Income from charitable activities Farm / Greening Income from charitable activities Core costs Income from charitable activities xpenditure on generating donations and legacies Unrestricted funds Donations osts of charitable activities by fund type Cafe Grove Farm / Greening Thriving Fiveways Community Living Room Core costs Myatt's Fields Forum Support costs |
Unrestricted funds £ 21,390 - - - 62,611 - 83,855 167,856 |
Restricted funds £ 147,228 231,183 35,280 47,246 - 5,000 45,866 511,803 |
2025 £ 92,477 8,024 2,449 300 103,250 2025 £ 29,553 29,553 2025 £ 168,618 231,183 35,280 47,246 62,611 5,000 129,721 679,659 |
2024 £ 112,797 3,644 2,855 805 |
|---|---|---|---|---|
| 120,101 | ||||
| 2024 £ 28,149 |
||||
| 28,149 | ||||
| 2024 £ 99,168 269,696 38,489 - 52,593 - 109,012 |
||||
| 568,958 |
4. Expenditure on generating donations and legacies
5. Costs of charitable activities by fund type
16 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
6. Costs of charitable activities by activity type
| Support costs Cafe Grove Farm / Greening Thriving Fiveways Community Living Room Core costs Myatt's Fields Forum |
2024 2025 Support costs Activities undertaken directly £ £ £ £ 185,363 16,745 168,618 160,254 314,121 82,938 231,183 269,696 57,061 21,781 35,280 84,598 47,246 - 47,246 - 70,868 8,257 62,611 54,410 5,000 - 5,000 - 549,938 129,721 679,659 568,958 |
|---|---|
| 7. Analysis of support costs | ||||
|---|---|---|---|---|
| Cafe | Grove | Farm / | Core costs | |
| Greening | ||||
| £ | £ | £ | £ | |
| Management costs | - | - | - | 15,330 |
| Admin and | - | - | - | 35,350 |
| communications | ||||
| Stationery & Printing | - | - | - | 7,631 |
| Events | - | - | - | 9,855 |
| Legal & Professional | - | - | - | 1,475 |
| Sundry | - | - | - | 544 |
| Building Costs | - | - | - | 31,911 |
| Consulting | - | - | - | 26,125 |
| Transfer of support | 16,745 | 82,938 | 21,781 | (121,464) |
| costs | ||||
| Governance costs | - | - | - | 1,500 |
| 16,745 | 82,938 | 21,781 | 8,257 |
17 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
7. Analysis of support costs
| Management costs Admin and communications Stationery & Printing Events Legal & Professional Sundry Building Costs Consulting Transfer of support costs Governance costs |
2025 £ 15,330 35,350 7,631 9,855 1,475 544 31,911 26,125 - 1,500 129,721 |
2024 £ 22,548 8,027 2,743 6,219 5,989 2,909 25,266 33,811 - 1,500 |
|---|---|---|
| 109,012 |
8. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Depreciation of owned fixed assets | 22,597 | 16,032 |
| Accountancy fees | 1,500 | 1,500 |
| Staff pension contributions | 4,635 | 3,628 |
9. Staff costs and emoluments
Total staff costs for the year ended 31 March 2025 were:
| Total staff costs for the year ended 31 March 2025 were: | ||
|---|---|---|
| Salaries and wages Social security costs Pension costs |
2025 £ 244,904 12,143 4,635 261,682 |
2024 £ 216,024 8,792 3,628 |
| 228,444 |
18 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| Staff | 14 | 12 |
| 14 | 12 |
No employee earned more than £60,000 during the year (2024:nil)
The total employee benefits of the key management personnel of the charity were £111,702 (2024 : £71,126)
10. Trustee remuneration and related party transactions
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024:£nil).
Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £nil (2024:£nil).
One trustee, Hazel Watson, has been paid for her work running the Craft workshops. During the year she received payments of £932 (2024: £700)
There are no related party transactions to disclose for 2025 (2024:none).
11. Comparative for the Statement of Financial Activities
| Unrestricted | Restricted | 2024 | |
|---|---|---|---|
| funds | funds | ||
| £ | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 68,974 | 420,315 | 489,289 |
| Charitable activities | 120,101 | - | 120,101 |
| Total | 189,075 | 420,315 | 609,390 |
| Expenditure on: | |||
| Raising funds | (28,149) | - | (28,149) |
| Charitable activities | (24,140) | (544,818) | (568,958) |
| Total | (52,289) | (544,818) | (597,107) |
| Net income/expenditure | 136,786 | (124,503) | 12,283 |
| Reconciliation of funds | |||
| Total funds brought forward | 7,504 | 269,933 | 277,437 |
| Total funds carried forward | 144,290 | 145,430 | 289,720 |
19 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
12. Tangible fixed assets
| Land and | Plant and | Sports and | ||
|---|---|---|---|---|
| Cost or valuation | Buildings | Machinery | Office | Total |
| Equipment | ||||
| £ | £ | £ | £ | |
| At 01 April 2024 | 49,171 | 81,521 | 1,330 | 132,022 |
| Additions | - | 27,500 | 9,200 | 36,700 |
| Transferred | (7,844) | - | - | (7,844) |
| At 31 March 2025 | 41,327 | 109,021 | 10,530 | 160,878 |
| Depreciation | ||||
| At 01 April 2024 | 4,917 | 28,786 | 333 | 34,036 |
| Charge for year | 4,133 | 15,832 | 2,632 | 22,597 |
| At 31 March 2025 | 9,050 | 44,618 | 2,965 | 56,633 |
| Net book values | ||||
| At 31 March 2025 | 32,277 | 64,403 | 7,565 | 104,245 |
| At 31 March 2024 | 44,254 | 52,735 | 997 | 97,986 |
13. Debtors
| Amounts due within one year: Trade debtors Prepayments and accrued income Other debtors |
2025 2024 £ £ 22,819 17,601 2,525 1,253 225 5,418 25,569 24,272 |
|---|---|
14. Creditors: amounts falling due within one year
| Trade creditors Other creditors Accruals and deferred income |
2025 £ 9,826 11,434 1,500 22,760 |
2024 £ 11,947 9,157 1,500 |
|---|---|---|
| 22,604 |
20 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
15. Movement in funds
Unrestricted Funds
| Balance at | Incoming | Outgoing | Balance at | ||
|---|---|---|---|---|---|
| 01/04/2024 | resources | resources | 31/03/2025 | ||
| £ | £ | £ | £ | ||
| General | |||||
| General | 144,290 | 168,044 | (197,409) | 114,925 | |
| 144,290 | 168,044 | (197,409) | 114,925 | ||
| Unrestricted Funds - Previous year | |||||
| Balance at | Incoming | Outgoing | Balance at | ||
| 06/04/2023 | resources | resources | 31/03/2024 | ||
| £ | £ | £ | £ | ||
| General | |||||
| General | 7,504 | 189,075 | (52,289) | 144,290 | |
| 7,504 | 189,075 | (52,289) | 144,290 | ||
| Restricted Funds | |||||
| Balance at | Incoming | Outgoing | Transfers | Balance at | |
| 01/04/2024 | resources | resources | 31/03/2025 | ||
| £ | £ | £ | £ | £ | |
| Café | 10,000 | 64,796 | (67,307) | - | 7,489 |
| Early Years | 10,000 | - | (10,000) | - | - |
| Grove | 65,673 | 206,403 | (237,299) | - | 34,777 |
| LJAG | 2,901 | 84,989 | (87,890) | - | - |
| Loughborough Farm | 23,510 | 54,248 | (57,061) | - | 20,697 |
| Myatts Field Forum | 5,000 | - | (5,000) | - | - |
| Thriving Fiveways | 28,346 | 22,000 | (47,246) | - | 3,100 |
| 145,430 | 432,436 | (511,803) | - | 66,063 |
21 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
Restricted Funds - Previous year
| Café Craft Workshops Early Years Grove LJAG Loughborough Farm Myatts Field Forum Thriving Fiveways |
Balance at 06/04/2023 £ 61,086 - - 145,950 16,788 46,109 - - 269,933 |
Incoming resources £ 93,136 9,649 11,125 189,419 9,987 61,999 5,000 40,000 420,315 |
Outgoing resources £ (144,222) (9,649) (1,125) (269,696) (19,787) (84,598) - (15,741) (544,818) |
Transfers £ - - - - (4,087) - - 4,087 - |
Balance at 31/03/2024 £ 10,000 - 10,000 65,673 2,901 23,510 5,000 28,346 |
|---|---|---|---|---|---|
| 145,430 |
Purpose of restricted funds
Grove
The purpose of this fund is to pay for the cost of staff, maintenance and other expenses of running the Grove Adventure Playground an open access adventure playground for children and young people aged four to 16.
Café
The purpose of this fund is to run a community café including maintaining and improving the café building, paying the expenses of employing a café manager, providing free meals for those in need in the community and to run events on healthy eating.
Loughborough Farm
The purpose of this fund is to run an inner-city farm, employ a Farm manager and provide open air volunteering opportunities for the local community.
LJAG
The purpose of this fund is to support the core costs of the charity; these include running the LJ Neighbourhood Forum, administrative and social media support; insurance and other offices expenses.
Craft Workshops
The purposed of this fund is to pass craft skills down the generations and to tackle loneliness and isolation.
Thriving Fiveways
Thriving Fiveways works in partnership with Ecosystem Coldharbour and Chips Peace to connect health professionals with the voluntary communitysector and run health and wellbeing workshops and events.
Myatts Field Forum
LJAG is a fundholder for the Myatts' Fields Forum for its work as a Lambeth Neighbourhood Forum.
Early Years
The purpose of this fund is to work in partnership with Lambeth Early Action Partnership (LEAP) and First Five Lambeth and run events for the under 5s.
22 of 23
Loughborough Junction Action Group Notes to the Financial Statements Continued For the year ended 31 March 2025
16. Analysis of net assets between funds
| Tangible | Net current | Net Assets | |
|---|---|---|---|
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 104,245 | 10,680 | 114,925 |
| Restricted funds | |||
| Café | - | 7,489 | 7,489 |
| Grove | - | 34,777 | 34,777 |
| Loughborough Farm | - | 20,697 | 20,697 |
| Thriving Fiveways | - | 3,100 | 3,100 |
| 104,245 | 76,743 | 180,988 | |
| Previous year | |||
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 97,986 | 46,305 | 144,291 |
| Restricted funds | |||
| Café | - | 10,000 | 10,000 |
| Early Years | - | 10,000 | 10,000 |
| Grove | - | 65,673 | 65,673 |
| LJAG | - | 2,900 | 2,900 |
| Loughborough Farm | - | 23,510 | 23,510 |
| Myatts Field Forum | - | 5,000 | 5,000 |
| Thriving Fiveways | - | 28,346 | 28,346 |
| 97,986 | 191,734 | 289,720 |
23 of 23