Better Bankside's 'Bring a better Christmas' campaign has collected 559 Christmas gifts of food, toiletries and clothes to be given to local charities working with older or homeless people.
The gifts will be given to Lucy Brown House, Hopton's Charity, Age Concern Southwark, the Manna Centre and Crisis.
Last week a team of nine staff members from PricewaterhouseCoopers and Better Bankside wrapped the gifts.
Better Bankside is a pilot business improvement district. Ballot papers were distributed to businesses in the area last week who are voting on plans to establish a permanent BID funded by a levy on business rates. The ballot closes on 24 January 2005.