A SCULPTURE created for the London Design Festival was unveiled today by Ealing schoolchildren and council leaders to celebrate the regeneration of Walpole Park.

Drop, designed by Paul Cocksedge, has been on display on the South Bank and resembles a coin that has fallen from the sky.

Its magnetic surface allows coins to be stuck to it, all of which will be donated to the mayor’s charities.

Council leader Julian Bell unveiled the statue and a plaque commemorating the £5m regeneration of the park. He was joined by the Mayor, Tej Ram Bagha, and cabinet member Cllr Bassam Mahfouz.

“Our parks are why we love Ealing. They are why I fell in love with the area when I moved here 30 years ago,” said Cllr Bell.

“This project has been a labour of love for all involved because Walpole Park is such a special place with huge historical significance, not just in Ealing or London but nationally.”

Year three pupils from Christ the Saviour Primary School were also present and were the first to stick coins to the surface of the statue.

A total of £2.7m was contributed to the regeneration by Ealing Council, while a further £2.4m came from the Heritage Lottery Fund.

London committee member Jon Sheaff said: “Parks are an incredibly important part of London Life.

“They provide Londoners with their only access to nature and the HLF has given £50m in all London boroughs to help improve our city’s parks.”

Drop will be in Walpole Park for two years before moving to Ealing Broadway station.