In March 2008 the shop was closed and relocated to newer premises in the historic market street, Lower Marsh at Waterloo, London.
The purpose of the project was to create something to show off at WaterAid events as a means to grab public attention and to engage people with their vital work.
In May 2007 a large section of the knitted river was carried by demonstrators along London's Albert Embankment and into Parliament Square as a protest to the British government ahead of the G8 summit in Germany.
In July 2007 the longest piece of the knitted river was used as part of the Watch This Space festival at the Royal National Theatre in London.
Other designers, including Jane Waller, Sally Muir, Joanna Osborne, Jean Moss and Jane Brocket held workshops alongside contributions from Stitch and Bitch London, performance poet Peter Wyton, DJs The Shellac Sisters, Amy Lamé and comedy duo Girl & Dean and a number of charity projects.
There was also an award for the Outstanding Contribution to Knitting in Film and Television which went to Wallace and Gromit and Aardman Animations founder Nick Park.
Nominees included Jack McBrayer for 30 Rock, Chi McBride for Pushing Daisies and Jane Wood for her role in the British medical soap Holby City .
The Great British Sheep is a large wooden sculpture, standing approximately 5 feet (1.5 m) tall, built and designed by puppet-maker Yvonne Stone.
It's wire frame will be covered with knitted and crocheted swatches, squares, ringlets and other shapes which have been made by members of the public at a number of festivals and fetes.
An introductory section includes a brief history of IKL and covers in details their Knit a River and The Great British Sheep projects.
They have contributed, or will do so, to festivals, fetes and exhibitions including the Dutch Stitch 'n Bitch Day (2006), Camp Bestival (2008, 2009 and 2010), The Knitting and Stitching Show (2007), Unravel (2006), World Wide Knit in Public Day (2006 to present), the Institute For Figuring's Hyperbolic Crochet Coral Reef (2009) as well as one-off craft events and booksignings held at the IKL shop.