KING GEORGE'S FIELD, MILE END

Registered charity 1077859 · accounts filings on the Charity Commission register · also known as KING GEORGE'S FIELDS STEPNEY · filing overdue (register status)

The maintenance of Mile End Park, and the other open spaces within King George's Field, Mile End, for the use and enjoyment of the public.

Objects

THE LAND WITHIN THE AREAS SHOWN EDGED RED ON THE PLAN NO. KGF.1 ATTACHED HERETO WHICH HAS BEEN ACQUIRED BY THE COUNCIL OR THE LONDON COUNTY COUNCIL SHALL BE PRESERVED IN PERPETUITY AS A MEMORIAL TO HIS LATE MAJESTY KING GEORGE V UNDER THE PROVISIONS OF THE FOUNDATION

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Amateur Sport · Environment/conservation/heritage · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity's unrestricted funds are in a deficit of £58,068, driven by a significant revaluation loss on fixed assets. However, the sole trustee is the London Borough of Tower Hamlets, which meets the charity's net expenditure in full, securing its funding and eliminating the need for independent reserves.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Arnold Hill & Co LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Safeguarding policy and procedures
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures

Structured financials (annual return, FY ending 31/03/2024)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Investments (38% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• LONDON BOROUGH OF TOWER HAMLETS

Trustee list from the Charity Commission register (current, not historical).

Operates in: Tower Hamlets

Income and spending

Common questions