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2025-03-31-accounts

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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:

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'

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People

  

       

  



  

  

3

  



Grove Adventure Playground

  

      

    

   

    

  

   

The Platform Café

   

       

   

3

  



Loughborough Farm

      

    

   

     

  

    

Craft workshops

   

LJ Neighbourhood Forum

 

               

   

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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.

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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)

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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

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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:

  1. 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

  2. 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

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    
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    
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    
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     
    
    
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    
    

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  

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
   
  
 
   
  
  
  

   
   
  

  

   

    



 

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

  





     

  







   



 



   





   

  

 

   



 



  

33

  

     



 



   
 
   
    
   

43

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