REGISTERED COMPANY NUMBER: 08457477

REGISTERED CHARITY NUMBER: 1161070

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Kennington Association Limited

Page

Report of the Trustees

1

to

6

Independent Examiner's Report

7

Statement of Financial Activities

8

Balance Sheet

9

to

10

Notes to the Financial Statements

11

to

19

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

The objectives of the Kennington Association (KA) are:

To promote for the benefit of the inhabitants of Kennington and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.

Significant activities

The objectives of the Kennington Association (KA) are:

To promote for the benefit of the inhabitants of Kennington and the surrounding area the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.

In the year reported here, activities have centered around the operation of Lollard Street Adventure Playground as well as our annual Secret Santa appeal. An underlying theme to the year has been in working with other organisations in developing a richer provision for children and young people and in broadening our offer to the wider community whilst making fuller use of our site in doing so.

Lollard Street Adventure Playground (LSAP)

General Play

Free Play

All of the projects at LSAP are integrated within the general provision of 'free play'. Free play is unstructured, voluntary, child-initiated activity that allows children to develop their imaginations while exploring and experiencing the world around them. children's natural curiosity, love of discovery and enthusiasm. The playground provides a rich environment for explorations, with massive structures to climb and swing from outdoors together with timber and other materials for impromptu construction. The playworkers skillfully nurture the children's natural curiosity, love of discovery and enthusiasm to develop their own play and safe risk taking. Indoors the children can use the playroom for games and creative activities, the library for reading or catching up with homework or simply have some time to themselves. In keeping with the ethos of child directed activity, children and young people using the playground help direct its development of new activities through our Childrens' Council.

Our after school and holiday activities are open to children and young people aged 6 -16. During the year we have also been able to offer weekly 'Little Explorers' morning sessions where younger children who, accompanied by their parents/guardians, are able to use the playground's facilities and experience outdoor, messy play.

Organised Activities

In addition to making their own play, more structured activities are facilitated by the playworkers, from which the children can choose. We have a range of organised activities on-site: camp building, cooking, making fires, constructing dens etc. We also provide team sports.

We have long had a well-used bike project that recycles stolen bikes supplied by the Metropolitan Police. The young people are instructed and supported, by a qualified bike technician, in fixing up the bikes on-site before the bikes are donated to them (to also help encourage physical health). It remains a very popular part of our offer

.

During the year, with the support of a grant from Sport England, we were able to offer training across a range of sports, both during our weekday play sessions but also at weekends.

During the holiday periods, we augment tour offer with:

- Brought in additional, specialist activities such as music, entertainers (eg magicians), novel experiences (eg Zoolab, who bring a range of animals for the children to interact with), a go-cart rally or circus skills workshops.

- External visits which have included the Vauxhall City Farm, canoeing on the Regent's Canal, sessions at the local climbing wall or visits to local galleries, cinemas, bowling, go-karting and sports venues. We are very close to the Oval Cricket ground who provide us with an indoor area to continue the Kennington Association's Tai Chi sessions for adults.

- Sports tournaments with other adventure playrounds in Lambeth which are organised and funded by our football partner, Play 5 A Side Ltd.

- We were pleased to initiate what we hope will be an annual whole day trip further afield. On this occasion we took a coach full of children for a day at the seaside - in this case Littlehampton.

- During the holiday period the children and young people made a short film, showing what the playground means to them, which went on to win the Best Flic award at the 2024 London Adventure Play Awards

Food

LSAP has always provided some level of feeding during play sessions, from snacks during term time to a more substantial lunch during the holidays. Feeding took on a greater emphasis during the COVID pandemic and we were able to make a greater provision, funded by the much-expanded Government's Holiday Activities and Food (HAF) programme, with funding channelled through Lambeth Council. We have now a well established provision of cooked nutritious meals after school and at lunchtimes during the holidays. In addition to the HAF programme, additional support in the year came from Lambeth VCS whilst the cook's post was supported as part of the Big Lottery Grant.

Sports Activities

LSAP benefits from having two all-weather sports pitches, which are available for general sports and games during the play sessions and are also used by both adult and children's groups outside of the playground sessions. Examples of the latter are a fortnightly family keep fit class and use by a local youth football group. The pitches are also used by local schools and other organisations working with young people as well as by adult football teams. Charging for use includes free access for community groups with no funding whilst others are asked to contribute at an appropriate rate within their means. The income so generated is a vital contribution to underpin all our activities, effectively making up shortfalls in grant funding especially in respect of overheads. We are especially pleased that football sessions include coaching for young people, including girls and young women. During the year we were able to work with our partner, Play 5 A Side, to recover one of our pitches which had severely deteriorated over the years.

Community

We have continued our partnership with Share Community to provide local families with free home-made frozen meals. Share Community is a social enterprise which provides training opportunities and wellbeing resources to help adults with learning disabilities, autism, and other support needs. They have taken over the community café at the Black Prince Trust and run a chef-training programme for their service users. As a part of this programme, they batch-cook meals and freeze them some of which we are able to distribute through the playground. Share Community also make use of our outdoor facilities for recreational activities for their users.

Every year we have a Family Day, with organised entertainment, activities and food for the whole community. Additionally, there are one-off community occasions such as bonfire night, a Christmas party or a volunteering day when children together with parents/carers pitch in with sprucing up the playground ready for the summer. This has been extended to have a Family Day on one Saturday each month when children and young people using the playground can be joined by their parents/carers.

Site Development

Accessibility has always been a key concern at Lollard Street. The Marathon Trust had already part funded our sports changing rooms which have special facilities for disabled children. With further support from the Trust, we were able to relocate our slide in 2023/24 and in 2024/25 lay a firm surface pathway the length of the playground.

Our main indoor play provision on the playground is a 1950's pre-fab which is now well beyond its useful life and expensive to run. We have Planning Permission for a two phased replacement, Phase 1 of which is now completed and connected with the pre-fab. Work on Phase 1 started in 2019/20 and was completed in 2021. During play sessions it provides a library/homework room for the children as well as a games room. Outside of play sessions, the building is available for community use and local meetings or training sessions were held there during the year. As with the sports pitches, charging for community use is responsive to ability to pay but we nonetheless anticipate developing a net contribution to our income.

Phase 2 will involve the demolition and replacement of the aged prefab. This will be a significantly larger project than Phase 1. As with Part 1, we are likely to be reliant on significant contributions from local Housing Developers in North Lambeth which can then be matched by charitable funders.

Secret Santa

Each year, in the run up to Christmas, KA runs a Secret Santa Appeal. These funds are used to buy supermarket vouchers which are distributed through local schools, nurseries and children's centers to families in need this Christmas. This is done anonymously to KA. For the 2018 Christmas appeal, we introduced an online donations mechanism and since then the amount donated, and distributed, has increased progressively each year. The distribution in December 2024 went to 140 local families.

Contributions to Secret Santa come largely from the Kennington locality and include collections organized by other community organisations, particularly Cleaver Square Residents Association and Heart of Kennington, for which we are extremely grateful.

Finance and Reserves

The loss of rental income from our football pitches, whilst renovation was underway, had a significant impact on our income as did, to a lesser degree, a smaller drop off in voluntary income (including grants). Nonetheless, careful control of costs has enabled us to continue to hold healthy reserves going into 2025/26, during which our income stream from the Big Lottery Fund, will drop out.

Acknowledgements

The Trustees gratefully acknowledge the support of all our funders, individual donors and the many volunteers who support LSAP and the KA generally. The latter include the corporate volunteers who have helped to re-decorate the playground structures (this year from QBE Insurance and from the National Grid), the families who contribute to our Family Days, and especially all who are involved in raising funds for Secret Santa - local businesses, community groups and our volunteer coordinator, Laura Swafield.

We are also grateful for the commitment of our outstanding staff in meeting an ever-increasing demand for the playground's resource in one of the most deprived areas of London.

FINANCIAL REVIEW

Going concern

In the trustees assessment of the charity's ability to continue its operations, there are no material uncertainties that may cast significant doubt about the charity's ability to continue as a going concern.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08457477 (Not specified/Other)

Registered Charity number

1161070

Registered office

102 Lollard Street

London

SE11 6PX

Trustees

Ms K Tapsell Teacher

Mr J G Toohill Consultant

Ms L Z Whitley Parliamentary Servant

Dr S M Correia Trustee

Mr S Hussain Khan Trustee

Ms H Rawat Trustee (resigned 17/3/26)

Ms M Garcia Galan Trustee (appointed 6/11/24)

Independent Examiner

Mr A Kemal FCA FCCA

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

Approved by order of the board of trustees on 22 October 2026 and signed on its behalf by:

Mr S Hussain Khan - Trustee

Independent examiner's report to the trustees of The Kennington Association Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you 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 as 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 examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the 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:

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

3.	the accounts do not comply with the accounting 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.

Mr A Kemal FCA FCCA

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

22 October 2026

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

53,614

149,803

203,417

211,376

Charitable activities

4

Venue rental

70,199

-

70,199

90,057

Investment income

3

2,166

-

2,166

2,171

Total

125,979

149,803

275,782

303,604

EXPENDITURE ON

Raising funds

8,597

-

8,597

11,132

Charitable activities

LSAP Bike projects

2,937

9,330

12,267

3,367

LSAP Young builders

-

-

-

11,055

LSAP Centre management

25,763

28,703

54,466

65,273

Governance

3,600

-

3,600

4,066

LSAP General play

44,605

62,065

106,670

117,297

Depreciation

1,002

24,879

25,881

23,786

Secret santa

-

5,460

5,460

7,020

LSAP Food

10,882

17,983

28,865

20,100

Bank charges

153

-

153

159

Additional Holiday Activities

1,368

3,850

5,218

5,367

Community

896

-

896

2,320

Sports project

-

5,440

5,440

-

Little Exploreres

-

1,272

1,272

-

Total

99,803

158,982

258,785

270,942

NET INCOME/(EXPENDITURE)

26,176

(9,179

)

16,997

32,662

Transfers between funds

13

50,358

(50,358

)

-

-

Net movement in funds

76,534

(59,537

)

16,997

32,662

RECONCILIATION OF FUNDS

Total funds brought forward

156,078

499,755

655,833

623,171

TOTAL FUNDS CARRIED FORWARD

232,612

440,218

672,830

655,833

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

9

18,036

376,722

394,758

410,164

CURRENT ASSETS

Debtors

10

-

-

-

5,992

Cash at bank and in hand

227,421

65,356

292,777

258,487

227,421

65,356

292,777

264,479

CREDITORS

Amounts falling due within one year

11

(7,845

)

(1,860

)

(9,705

)

(8,810

)

NET CURRENT ASSETS

219,576

63,496

283,072

255,669

TOTAL ASSETS LESS CURRENT LIABILITIES

237,612

440,218

677,830

665,833

CREDITORS

Amounts falling due after more than one year

(5,000

)

-

(5,000

)

(10,000

)

NET ASSETS

232,612

440,218

672,830

655,833

FUNDS

13

Unrestricted funds

232,612

156,078

Restricted funds

440,218

499,755

TOTAL FUNDS

672,830

655,833

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 22 October 2026 and were signed on its behalf by:

Mr J G Toohill - Trustee

Ms L Z Whitley - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

4% on cost

Fixtures and fittings

-

20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	DONATIONS AND LEGACIES

2025

2024

£

£

Donations

7,782

6,922

Grants

195,635

204,454

203,417

211,376

Donations include £492.75 Gift Aid reclaim.

Grants received, included in the above, are as follows:

2025

2024

£

£

Grants-Children in Need

15,000

14,998

Grants-General Play (Lambeth Council- HAF Programme)

32,780

32,040

Grants - Big Lottery

105,885

107,183

Grants-London Community Fund-Bike Project

-

9,009

Garfield Weston Foundation - Core Funding

20,000

20,000

The Woodward Trust

-

2,000

Lambeth VCS Community Project

-

2,000

London Marathon Trust

8,220

7,500

Sport England

-

9,724

Lambeth VCS - Food & Energy

2,000

-

London Community - Nourish the Nation

10,000

-

Little Exploreres

1,750

-

195,635

204,454

3.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

2,166

2,171

4.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Venue

Total

rental

activities

£

£

Venue rental

70,199

90,057

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

25,882

23,785

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

7.	STAFF COSTS

2025

2024

Wages

£146,587.63

£137,284.38

Social security

£8,662.67

£8,450.48

Pensions

£2,375.23

£2,126.47

The average monthly number of employees during the year was as follows:

2025

2024

Payroll staff

13

12

No employees received emoluments in excess of £60,000.

8.	CHARITABLE ACTIVITIES COSTING

We have allocated running costs (utilities, maintenance, security, cleaning and so on) to charitable activities. They are apportioned in proportion to staffing and thereby in relation to children served. The costs so apportioned amounted to just over £75k.

9.	TANGIBLE FIXED ASSETS

Fixtures

Land and

and

buildings

fittings

Totals

£

£

£

COST

At 1 April 2024

531,756

12,579

544,335

Additions

-

10,476

10,476

At 31 March 2025

531,756

23,055

554,811

DEPRECIATION

At 1 April 2024

126,723

7,448

134,171

Charge for year

21,271

4,611

25,882

At 31 March 2025

147,994

12,059

160,053

NET BOOK VALUE

At 31 March 2025

383,762

10,996

394,758

At 31 March 2024

405,033

5,131

410,164

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors (Pitch Hire)

-

5,992

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans (see note 12)

5,000

5,000

Trade creditors

180

1,170

Social security and other taxes

1,885

-

Accrued expenses

2,640

2,640

9,705

8,810

12.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year on demand:

Loans

5,000

5,000

Amounts falling due in more than five years:

Repayable by instalments:

Other loans more 5yrs instal

5,000

10,000

13.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1/4/24

in funds

funds

31/3/25

£

£

£

£

Unrestricted funds

General fund

156,078

26,176

50,358

232,612

Restricted funds

Land and buildings

429,433

(20,269

)

(38,786

)

370,378

Children in Need

7,495

7,665

(7,644

)

7,516

Bike projects

14,003

(9,330

)

(3,279

)

1,394

General play

(200

)

(100

)

499

199

Centre management

69

-

-

69

Volunteering

425

(1

)

(189

)

235

Secret santa

1,658

1,491

(82

)

3,067

New building

7,850

(2,416

)

12,080

17,514

Skateboard Half Pipe

(533

)

-

533

-

Childhood Trust -Food

16

-

(16

)

-

Power to Change - Resilience

(4

)

1

4

1

Big Lottery grant

29,289

12,542

(11,888

)

29,943

London Community Fund Cooking

158

(157

)

(1

)

-

Sport Project

11,154

(8,180

)

(1,896

)

1,078

Community Project

(14

)

-

14

-

London Marathon Site

(1,044

)

6,125

3,300

8,381

London Community - Nourish the Nation

-

2,519

(2,568

)

(49

)

Bupa Foundation - Little Explorers

-

478

(9

)

469

Lambeth VCS - Food & Energy

-

453

(430

)

23

499,755

(9,179

)

(50,358

)

440,218

TOTAL FUNDS

655,833

16,997

-

672,830

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

125,979

(99,803

)

26,176

Restricted funds

Land and buildings

(1

)

(20,268

)

(20,269

)

Children in Need

15,000

(7,335

)

7,665

Bike projects

-

(9,330

)

(9,330

)

General play

-

(100

)

(100

)

Volunteering

(1

)

-

(1

)

Secret santa

6,951

(5,460

)

1,491

New building

-

(2,416

)

(2,416

)

Power to Change - Resilience

1

-

1

Big Lottery grant

105,884

(93,342

)

12,542

London Community Fund Cooking

-

(157

)

(157

)

Sport Project

(1

)

(8,179

)

(8,180

)

London Marathon Site

8,220

(2,095

)

6,125

London Community - Nourish the Nation

10,000

(7,481

)

2,519

Bupa Foundation - Little Explorers

1,750

(1,272

)

478

Lambeth VCS - Food & Energy

2,000

(1,547

)

453

149,803

(158,982

)

(9,179

)

TOTAL FUNDS

275,782

(258,785

)

16,997