BANKSIDE OPEN SPACES TRUST

Registered charity 1085454 · accounts filings on the Charity Commission register

Bankside Open Spaces Trust aims to bring people together to create inspiring urban green places. It does this by running consultations, bringing together steering groups, holding events, managing major works, looking after gardens, working in partnerships, holding gardening sessions, commenting on plans and strategies, enabling volunteers and providing resources to support balcony gardeners.

Causes: Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£1.3m
Latest spending
£1.5m
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £147,716 for the year ended 31 March 2025, resulting in a decrease in total funds. The trustees' report notes that free reserves are below the stated policy target of £225,400, with actual free reserves at £16,419, and the trustees are considering options to address this gap. Despite the deficit, the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: £225,400 (held: £16k)
“The trustees’ target is to hold sufficient reserves to cover wind-down costs. This target amounts to £225,400.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Karen Atkinson was employed by City Bridge Foundation, which owed the charity £255,618 at year end.
“Karen Atkinson, trustee, was employed as a director at the City Bridge Foundation until September 2024. A balance of £255,618 (2024: £321,930) was owed by City Bridge Foundation at the year end.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Bankside Open Spaces Trading Limited
“Bankside Open Spaces Trading Limited, company number 08096770, was set up in order to carry out commercial improvements to parks and gardens.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 4 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — Bankside Open Spaces Trust (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public-sector contracts awarded

From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.

BuyerContractAwardedValue
London Borough of SouthwarkEnvironment and Ecology Management Agreements21/03/2023£265k

Property (HM Land Registry)

7 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£1.5m
Cost of raising funds
£28k
Reserves (reported)
£16k
Employees
19

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (47% 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: 2.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Lambeth · Southwark

Income and spending

Financial year endIncomeSpending
31/03/2025£1.3m£1.5m
31/03/2024£1.6m£1.3m
31/03/2023£1.7m£1.2m
31/03/2022£1.2m£991k
31/03/2021£756k£694k

Common questions

Is BANKSIDE OPEN SPACES TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £147,716 for the year ended 31 March 2025, resulting in a decrease in total funds. The trustees' report notes that free reserves are below the stated policy target of £225,400, with actual free reserves at £16,419, and the trustees are considering options to address this gap. Despite the deficit, the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by MHA.

Who funds BANKSIDE OPEN SPACES TRUST?

Funders whose own accounts filings name BANKSIDE OPEN SPACES TRUST as a grant recipient include GARFIELD WESTON FOUNDATION, KUSUMA TRUST UK, THE LONDON MARATHON CHARITABLE TRUST LIMITED, SOUTHBANK AND WATERLOO NEIGHBOURS, THE NATIONAL GARDEN SCHEME.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
GARFIELD WESTON FOUNDATIONFY2024£250kCommunity
KUSUMA TRUST UKFY2025£200kMarlborough Sports Academy Landscape
THE LONDON MARATHON CHARITABLE TRUST LIMITEDFY2024£38kSports garden refurbishment
SOUTHBANK AND WATERLOO NEIGHBOURSFY2025£25k
THE NATIONAL GARDEN SCHEMEFY2024£21kSupport for gardeners/horticulture
THE LONDON MARATHON CHARITABLE TRUST LIMITEDFY2023£20kSports garden refurbishment
TALLOW CHANDLERS BENEVOLENT FUND NO 2FY2023£7k
SOUTHBANK AND WATERLOO NEIGHBOURSFY2025£5k
THE JOHN COATES CHARITABLE TRUSTFY2022£5k
SOUTHBANK AND WATERLOO NEIGHBOURSFY2025£2k
SOUTHBANK AND WATERLOO NEIGHBOURSFY2025£2k
THE FINNIS SCOTT FOUNDATIONFY2024£1k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund27/02/2026£20kFuture Gardeners
The National Lottery Community Fund18/12/2025£56kSaturday Socials
London Borough of Southwark31/03/2024£2kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2024£7kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2024£2kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2024£7kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2024£18kGrant to Bankside Open Spaces Trust
City Bridge Foundation03/01/2024£380kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2023£17kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2023£9kGrant to Bankside Open Spaces Trust
The National Lottery Community Fund27/01/2023£10kCelebrating our green spaces and the community that loves them
The National Lottery Community Fund08/04/2022£10kBankside Open Spaces Festival Jubilee celebration
London Borough of Southwark31/03/2022£8kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2022£17kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2022£5kGrant to Bankside Open Spaces Trust
London Borough of Southwark31/03/2022£10kGrant to Bankside Open Spaces Trust
Postcode Lottery26/03/2022£25kFuture Gardeners – free horticultural training for unemployed people
The National Lottery Community Fund15/12/2021£393kGreen SE1: building community capacity and resilience through gardening
Sport England06/05/2021£2kCOVID19 Return to Play
Sport England21/12/2020£8kCOVID19 Return to Play
London Borough of Southwark01/04/2020£3kGrant to Bankside Open Spaces Trust
London Borough of Southwark01/04/2020£17kGrant to Bankside Open Spaces Trust
London Borough of Southwark01/04/2020£8kGrant to Bankside Open Spaces Trust
London Borough of Southwark01/04/2020£3kGrant to Bankside Open Spaces Trust
London Borough of Southwark01/04/2020£4kGrant to Bankside Open Spaces Trust

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LONDON HISTORIC PARKS AND GARDENS TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BANKSIDE OPEN SPACES TRUST£1.3m——unclear—no doubt
LONDON HISTORIC PARKS AND GARDENS TRUST FY2024£269k—0unclear—no doubt
FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY FY2025£1.3m—0unclear—no doubt
THE LAND RESTORATION TRUST FY2025£10.3m——unclear—no doubt
HORSELL COMMON PRESERVATION SOCIETY FY2024£343k—0above—no doubt
Open City FY2025£1.1m—0below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.