PADDINGTON RECREATION GROUND
The activities carried on by the Trust can be found in the Management Plan. Paddington Recreation Ground has been awarded the Civic Trusts Green Flag Award for the past 9 years. This is a national standard for parks that meet high operational and maintenance standards which are assessed annually by judges appointed by the Civic Trust.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £12,373 for the year ended 31 March 2025, with total unrestricted reserves of £4,618,902. The charity relies entirely on Westminster City Council for ongoing financial support, noting that any expenditure not met by direct income is covered by the Council. The trustees and auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Funding from Westminster City Council to the Trust is adjusted during the financial year in line with the projected outturn figures so there is no need for the Trust to hold any revenue reserves or cash, as any expenditure not met by the charity’s direct income is covered Westminster City Council.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- WESTMINSTER CITY COUNCIL- MEMBERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £977k | £965k |
| 31/03/2024 | £1.3m | £813k |
| 31/03/2023 | £427k | £643k |
| 31/03/2022 | £985k | £541k |
| 31/03/2021 | £1.8m | £696k |
Common questions
Is PADDINGTON RECREATION GROUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £12,373 for the year ended 31 March 2025, with total unrestricted reserves of £4,618,902. The charity relies entirely on Westminster City Council for ongoing financial support, noting that any expenditure not met by direct income is covered by the Council. The trustees and auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Sumer Audit.
Charities like this
- WEST HAM PARK
- FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY
- STEVENS PARK AND RECREATION GROUND
- LONDON HISTORIC PARKS AND GARDENS TRUST
- Greenacre Trust Limited
- KING GEORGE'S FIELD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PADDINGTON RECREATION GROUND | £977k | — | 0 | above | — | no doubt |
| WEST HAM PARK | £1.7m | — | 0 | below | — | no doubt |
| FOLKESTONE PARKS AND PLEASURE GROUNDS CHARITY | £1.3m | — | 0 | unclear | — | no doubt |
| STEVENS PARK AND RECREATION GROUND | £247k | — | 0 | unclear | — | no doubt |
| LONDON HISTORIC PARKS AND GARDENS TRUST | £269k | — | 0 | unclear | — | no doubt |
| Greenacre Trust Limited | £1.6m | — | 0 | above | — | no doubt |