Finance Score: 5
Governance Score: 6
Support Score: 12
  • Low unrestricted reserves: -2
  • Strong growth: +2
  • Future income +5
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Overall weighted support: +12
Overall GiG Score: 23 ?

ASCENSION COMMUNITY TRUST

The charity's object and its principal activity is to work for the benefit of the public in and around the parish of the Ascension , Victoria Dock, London
Analysis by Giving is Great

Positives:

  • There has been strong growth in spending over the last 5 years
  • A significant proportion of recent income was derived from major grant makers including the Government and there are significant future grants due to be received
  • The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

  • Unrestricted reserves appear to be dangerously low at the latest year end

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£508£428£80£0£158£220.61540
31/03/22£243£243£0n/an/an/an/an/an/a
31/03/21£198£197£0n/an/an/an/an/an/a
31/03/20£223£173£50n/an/an/an/an/an/a
31/03/19£128£132£-4n/an/an/an/an/an/a
31/03/18£120£103£16n/an/an/an/an/an/a
31/03/17£96£93£3n/an/an/an/an/an/a
31/03/16£95£91£4n/an/an/an/an/an/a
31/03/15£104£112£-8n/an/an/an/an/an/a
31/03/14£101£109£-8n/an/an/an/an/an/a
31/03/13£116£128£-12n/an/an/an/an/an/a
31/03/12£105£145£-39n/an/an/an/an/an/a
31/03/11£132£167£-35n/an/an/an/an/an/a
31/03/10£161£157£4n/an/an/an/an/an/a
31/03/09£164£156£8n/an/an/an/an/an/a
31/03/08£138£171£-33n/an/an/an/an/an/a
31/03/07*£204£191£13n/an/an/an/an/an/a
31/03/06£193£155£37n/an/an/an/an/an/a
31/03/05£160£125£35n/an/an/an/an/an/a
31/03/04*£75£50£25n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 15%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 14%
Reserves/Spending: 0.6 months
Net Current Assets/Spending: 4 months
Quick Ratio: 5.8
Asset Split ?
Balance Sheet History
Established: 23 years

www.ascensioncommunitytrust.org

sebastianhouse@freeuk.com

01279734388

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Religious Activities
GiG Classification
  • Other congregations
How it operates
  • Acts as an umbrella or resource body
  • Provides human resources
  • Provides services
Where it operates
  • Newham,
Who it helps
  • Children/Young People
  • Elderly/Old People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
The Trussell Trust£398,387
City Bridge Trust£148,000
Henry Smith Charity£143,300
Tudor Trust£64,000
Joseph Rank Trust£30,000
National Lottery Community Fund£26,131
The Greggs Foundation£20,000
Trusthouse Charitable Foundation£20,000
Specific Donations
Amount When
Months
To be used for
The Greggs Foundation - Community Hub Programme
£20,000 10/05/2023
12
The Community Hubs Programme directs a share of the profits generated by Greggs Outlets directly back into the local area in which they are based. This programme aims to help build stronger, healthier communities by supporting community ....more
The Trussell Trust - Grant to Newham District Foodbank
£33,886 27/02/2023
New modular unit for food storage, increasing overall capacity
Essex Community Foundation - Grant to Newham District Foodbank
£7,500 03/02/2023
to support a purchase of a new storage unit and to improve the current storage unit for a food distribution centre in Newham over the next six months
Joseph Rank Trust - Ascension Community Trust
£30,000 30/01/2023
To fund the supported work placements
National Lottery Community Fund - Children and Families Project
£10,000 06/01/2023
The funding will be used to contribute to staff salaries and venue hire to support the groups delivery of activities and support for children from low income households. The project aims to improve aspirations and create new relationships and ....more
Henry Smith Charity - Grant to Ascension Community Trust
£143,300 06/12/2022
36
towards three years' running costs of a Community Centre providing multi-service provisions for a disadvantaged community in Newham, East London.
City Bridge Trust - Grant to Ascension Community Trust
£148,000 16/11/2022
36
£148,000 over 3 years (£49,000, £49,300, £49,700) towards the costs of providing creative and wellbeing focussed activities for people with learning disabilities or mental health challenges, and longer-term supported volunteer placements.
The Trussell Trust - Grant to Newham District Foodbank
£5,000 11/10/2022
Emergency grant
The Trussell Trust - Grant to Newham District Foodbank
£154,899 01/09/2022
immigration advice and support
Trusthouse Charitable Foundation - Grant to Ascension Community Trust
£10,000 07/06/2022
42% of the salary costs for a families project manager at a community hub in the London Borough of Newham.
London Catalyst - Ascension Community Trust - 5
£3,500 03/05/2022
Supported Volunteering Programme
The Trussell Trust - Grant to Newham District Foodbank
£45,264 15/12/2021
24
Strategic Officer (5 hpw) and Poverty Response Project Manager (15 hpw), for 2 years
The Trussell Trust - Grant to Newham District Foodbank
£150,883 26/10/2021
debt advisers (local partner) and welfare benefits advisers (in-house), increasing provision for 3 years
The Leathersellers' Company Charitable Fund - Grant to Ascension Community Trust
£2,000 06/10/2021
Small Grant Unrestricted Core Costs
National Lottery Community Fund - Complex Needs Support
£10,000 16/07/2021
This project will support adults and children with with complex needs particularly those with learning difficulties and mental illness through a range of targeted projects and activities. It will employ a manager to coordinate work that includes a ....more
Trusthouse Charitable Foundation - Grant to Ascension Community Trust
£10,000 23/03/2021
45% as salary costs for a families project manager at a community hub in the London Borough of Newham.
The Trussell Trust - Grant to Newham District Foodbank
£3,775 16/03/2021
Food purchase
The London Community Foundation - Grant to Ascension Community Trust
£2,680 05/02/2021
5
Ten tablets to lend to the most vulnerable users of our elders project and 10 monthly data contracts so they can be used in homes that don't have internet.
Tudor Trust - Grant to Ascension Community Trust
£2,000 18/01/2021
as an additional grant to support staff, volunteer and trustee wellbeing, to assist the organisation deliver its charitable purpose more effectively
Tudor Trust - Grant to Ascension Community Trust
£60,000 04/06/2020
24
over two years as continuation funding towards the core costs of a community centre in Custom House, East London
National Lottery Community Fund - Covid-19 Advice & Support
£6,131 29/05/2020
8
The funding will be used to provide an advice and advocacy service for people in crisis during the coronavirus pandemic.
The Trussell Trust - Grant to Newham Foodbank
£4,680 30/04/2020
staff expenses, delivery expenses, caretaker community centre
Woodward Charitable Trust - Towards core costs
£1,000 26/03/2020
Towards core costs.
Tudor Trust - Grant to Ascension Community Trust
£2,000 29/01/2020
as a development grant towards training for trustees, staff and volunteers at a community project in Custom House, East London
Henry Smith Charity - Grant to Ascension Community Trust
£1,180 26/06/2019
towards a day trip to an outdoor activity day in Essex for children from the London Borough of Newham
National Lottery Community Fund - Advice and Advocacy
£9,893 22/03/2019
12
The project will provide an advice drop in for the local community. The aim is to relieve hardship and to provide support.
Tudor Trust - Grant to Ascension Community Trust
£90,000 02/11/2017
36
over three years towards the CEO's salary at a faith-led community project in Custom House, East London
London Catalyst - Ascension Community Trust - 3
£3,000 27/09/2017
Positive Ageing Project
Woodward Charitable Trust - Towards a summer play scheme
£500 16/06/2017
Towards a summer play scheme.
National Lottery Community Fund - Ascension Church Community Audit
£6,400 25/04/2017
12
The funding will be used to carry out a community consultation exercise that will support the organisation’s activities. The project aims to improve the way in which the organisation meets the needs of people living in the area.
City Bridge Trust - Grant to Ascension Community Trust
£13,000 28/01/2016
£13,000 as a third and final year's continuation grant for a part-time (18 hours per week) Elders' Project Co-ordinator.
Lloyds Bank Foundation - Grant to Ascension Community Trust
£34,000 31/05/2013
A charity based in Newham, aiming to make real and lasting change to the paeople in the loacl community.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (6)
Current Trustees appointed
Gender Split

Age Range of Trustees: 33-72
  • ALISTAIR MACDONALD Appointed: 2007, Occupation: Web Developer
  • CHERYL GEORGINA CROMBIE Appointed: 2015, Occupation: Married Woman
  • DR NIGEL COPSEY, Occupation: Chaplain-Nhs
  • HELEN FERNANDES Appointed: 2024, Occupation: Charity Manager/Minister
  • MICHAEL GEOFFREY JOHN YEATTS Appointed: 2020, Occupation: Company Director
  • REV DAVE CHESNEY (Chair) Appointed: 2013, Occupation: Clergyman
Legal constitution
  • Charitable company registered in England & Wales on 03/05/2002, number: 1091887
  • Registered at Companies House on 21/03/2001, number: 04184090
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR07: 41 days late, AR04: 1 days late,
Main office

Quinces
The Street
Sheering
BISHOP'S STORTFORD
CM22 7LU

Objectives

1) THE RELIEF OF POVERTY, HARDSHIP OR DISTRESS PARTICULARLY (THOUGH NOT BY WAY OF LIMITATION) AMONGST THE ELDERLY;2) THE ADVANCEMENT OF RELIGION;3) THE ADVANCEMENT OF EDUCATION INCLUDING (THOUGH NOT BY WAY OF LIMITATION) THE PROVISION OF TRAINING IN SKILLS RELEVANT TO SECURING EMPLOYMENT;4) THE PRESERVATION AND PROTECTION OF PUBLIC HEALTH5) THE PROMOTION OF ANY OTHER CHARITABLE PURPOSE

Defined Area of Benefit:

LONDON

Data Sources

Charity Commission for England and Wales
360 Giving

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