Bermondsey TRA went from struggling to being a successful ‘not-for-profit’ business

A Bermondsey Tenants’ and Residents’ Association (TRA) that nearly closed its doors last year has not only survived but is now thriving as a successful not-for-profit, with a community bar and more.

Magdalen Hall, located on Purbrook Street, was on the brink of closure in early 2023, with only one TRA member remaining after the rest of the committee stepped down. But thanks to the determination of Kyle Simmons, the last standing member, and support from both the Bermondsey Scouts and Zoey Sergeant (now chair), the hall was saved.

“We started flyering around the estate, and the support was incredible,” Kyle said. The campaign was bolstered by local coverage, and a new committee was formed, growing from just one member to fourteen.

Fast forward to December 2024, the hall is now incorporated as a Community Interest Company (CIC)—the only one of its kind in Southwark. CICs are limited companies that operate to benefit the community rather than generate private profit, enabling Magdalen Hall to reinvest in the local area.

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The hall has seen significant improvements, with £45,000 invested into renovations, including upgrades to the garden, lighting, and technical equipment. Last week, the newly refurbished Community Bar was officially opened during a Christmas event attended by 120 people and the Deputy Mayor of Southwark.

“We’ve come a long way since May 2023,” said Kyle. “The transformation has been incredible. The mood across the estates has lifted, people are more engaged, and we’re ensuring the hall’s viability for years to come.”

Magdalen Hall has become a true community hub, hosting regular events like coffee mornings for over-55s, Halloween parties, and weekly Scout meetings. It is also now a Living Wage Employer.

In addition to its social initiatives, the TRA has played a key role in securing security doors for the St. Saviour’s Estate, funded by the Community Infrastructure Levy.

Kyle and the team’s hard work has turned the hall into a vital resource for the 760 homes it serves, providing a space for residents to meet, share concerns, and build community connections.

Read the article here.