Finance Score: 3

Governance Score: 3

Support Score: 9

Income diversified: +3

Good trustee age range: +3

Overall weighted support: +9

Overall GiG Score: 15

THE ASCENSION TRUST

Enrichment of the community through social action, outreach, education and mission work.

Analysis by Giving is Great

Positives:

Income generation is well diversified
Spending has increased over the last 3 years relative to the previous period
A significant proportion of recent income was derived from major grant makers including the Government
The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

One or more trustees receive payments or benefits from the charity for providing services to the charity

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
31/12/23		£941	£922	£20	£136	£946	£919	12	15	5
31/12/22		£808	£711	£97	£74	£926	£885	14.9	12	6
31/12/21		£715	£419	£296	£76	£829	£777	22.2	8	3
31/12/20		£414	£398	£17	n/a	n/a	n/a	n/a	n/a	n/a
31/12/19	*	£474	£577	£-103	n/a	n/a	n/a	n/a	n/a	n/a
31/12/18		£676	£628	£48	£23	£620	£377	7.2	11	0
31/12/17		£459	£494	£-35	n/a	n/a	n/a	n/a	n/a	n/a
31/12/16		£475	£491	£-16	n/a	n/a	n/a	n/a	n/a	n/a
31/12/15		£476	£554	£-78	n/a	n/a	n/a	n/a	n/a	n/a
31/12/14		£694	£656	£38	£87	£606	£436	8	12	0
31/12/13		£660	£687	£-27	£79	£568	£430	7.5	11	0
31/12/12		£562	£513	£49	£71	£595	£477	11.2	11	0
31/12/11		£776	£682	£94	£80	£546	£425	7.5	11	0
31/12/10		£811	£702	£109	£72	£452	£375	6.4	10	0
31/12/09		£763	£684	£80	£92	£343	£253	4.4	10	0

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Financial Ratios

Fundraising Costs/Relevant Income: 15.4%
Fundraising Costs/Total Spending: 14.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 24%
Liabilities/Income: 32%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 12 months
Net Current Assets/Spending: 10 months
Quick Ratio: 2.9

Asset Split ?

Balance Sheet History

Established: 16 years

www.ascensiontrust.org.uk

info@ascensiontrust.org.uk

02083302809

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

GiG Classification

General Community services

How it operates

Acts as an umbrella or resource body
Other charitable activities
Provides advocacy/advice/information
Provides services

Where it operates

Antigua And Barbuda, Australia, Ghana, Gibraltar, Ireland, Nigeria, Scotland, Throughout England And Wales, Trinidad And Tobago, United States,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
The General Public/Mankind

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

Guy's and St Thomas' Charity	£180,000
City Bridge Trust	£167,700
Co-Operative Group	£8,365

Specific Donations

Amount	When Months	To be used for
City Bridge Trust - Grant to Ascension Trust
£167,700	25/01/2023 24	£167,700 over two years (£97,500; £70,200), to the Ascension Trust to support the Bridgewatch programme, through a contribution towards the costs of a Co-ordinator/Manager, volunteer costs including training, overheads, and equipment costs.
Co-Operative Group - Grant to Westminster Street Pastors
£1,003	22/10/2022	We will reduce homelessness, crime and anti-social behaviour in Central London, whilst helping hundreds of vulnerable people, and supporting Westminster City Council, Police and Ambulance Services.
Co-Operative Group - Grant to Wellingborough Street Pastors
£2,156	22/10/2022	We provide food and care to local night life.
Guy's and St Thomas' Charity - Beacon Project
£180,000	16/12/2021	To provide Caribbean and African communities in SE London the ability to make informed choices around their health and Covid-19 vaccine and to provide direct clinical support with Caribbean and African NHS staff
Co-Operative Group - Grant to Westminster Street Pastors
£2,014	23/10/2021	We would like to help to reduce homelessness, crime and antisocial behaviour in central London, while supporting hundreds of vulnerable people, by training up more voluntary street pastors.
Co-Operative Group - Grant to Wellingborough Street Pastors
£3,192	24/10/2020	We aim to help keep those people who are out and about on a Saturday night safe and well.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 33-72

CHRISTINA CATO Appointed: 2019, Occupation: Chartered Accountant

DR CHI CHI EKHATOR, Occupation: Doctor

JOSHUA OLUWADAMILARE NATHANAEL OGUNJI Appointed: 2023, Occupation: Strategy & Planning Lead Dot

JULAINE HEDMAN Appointed: 2008, Occupation: Teacher

OLUFEMI PETER LADEGA Appointed: 2008, Occupation: Management Consultant

REV LES ISAAC

REV ANGELA MARY BACON Appointed: 2020, Occupation: Minister Of Religion

SAMUEL OLADIPUPO AIYERE (Chair) Appointed: 2024, Occupation: Company Director

THEO AZU MATHIAS-NWAULUNE Appointed: 2020, Occupation: Solicitor

Legal constitution

Charitable company registered in England & Wales on 16/12/2008, number: 1127204
Registered at Companies House on 18/11/2008, number: 06751712

Gift Aid

Registered with HMRC for Gift Aid

Event History

03/05/2017 - Asset transfer in from NEWARK & SOUTHWELL STREET PASTORS
16/08/2021 - Asset transfer in from WANDSWORTH STREET PASTORS
15/11/2021 - Asset transfer in from WATERSIDE STREET PASTORS
17/11/2021 - Asset transfer in from CHIPPENHAM STREET PASTORS
24/08/2022 - Asset transfer in from LANCASTER STREET PASTORS
21/10/2022 - Asset transfer in from KINGSKERSWELL SUMMER MOON TRUST
21/12/2022 - Asset transfer in from CHESTER STREET PASTORS
23/07/2024 - Asset transfer in from CHELMSFORD STREET PASTORS
17/09/2024 - Asset transfer in from STREET PASTORS MERTHYR TYDFIL

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
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

15 returns made; AR19: 60 days late,

Recent reorganisation events:

Asset transfer in from WANDSWORTH STREET PASTORS on 16/08/2021
Asset transfer in from WATERSIDE STREET PASTORS on 15/11/2021
Asset transfer in from CHIPPENHAM STREET PASTORS on 17/11/2021
Asset transfer in from LANCASTER STREET PASTORS on 24/08/2022

....more

Main office

ALPHA HOUSE
ALPHA PLACE
158 GARTH ROAD
MORDEN
SURREY
SM4 4TQ

Objectives

TO ADVANCE THE CHRISTIAN FAITH IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS OF THE CHARITY MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY;TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD PHYSICAL, MENTAL AND EMOTIONAL HEALTH PARTICULARLY BUT NOT EXCLUSIVELY THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNTIED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.

Defined Area of Benefit:

GLOBAL

Data Sources

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