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
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £130,302 for the year ended 31 March 2025, with total income rising to £470,487 from £331,141 in the prior year. Per the trustees' report, free reserves stood at £23,896, which is within the stated policy target range of £18,000 to £25,000. The charity is not subject to audit under company law or the Charities Act 2011, having opted for an independent examination.
What the accounts disclose
“Grants received 54,397 351,549 405,946” — page 13
“Ascension Community Trust’s reserves policy is that between £18,000 and £25,000 will be held in free reserves.” — page 8
Funders the charity credits
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Rev DAVE CHESNEYchair
- ALISTAIR MACDONALD
- Cheryl Georgina Crombie
- Helen Fernandes
- Michael Geoffrey John Yeatts
- Rev Rebecca Jane Rogers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £470k | £340k |
| 31/03/2024 | £331k | £401k |
| 31/03/2023 | £508k | £428k |
| 31/03/2022 | £243k | £243k |
| 31/03/2021 | £198k | £197k |
Common questions
Is ASCENSION COMMUNITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £130,302 for the year ended 31 March 2025, with total income rising to £470,487 from £331,141 in the prior year. Per the trustees' report, free reserves stood at £23,896, which is within the stated policy target range of £18,000 to £25,000. The charity is not subject to audit under company law or the Charities Act 2011, having opted for an independent examination. Its FY2025 accounts were independently examined.
Who funds ASCENSION COMMUNITY TRUST?
Funders whose own accounts filings name ASCENSION COMMUNITY TRUST as a grant recipient include ROYAL DOCKS TRUST (LONDON), THE FORTE CHARITABLE FOUNDATION, CHARLES S FRENCH CHARITABLE TRUST, THE MRS SMITH AND MOUNT TRUST, LONDON CATALYST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ROYAL DOCKS TRUST (LONDON) | FY2023 | £635k | Garden Community Cafe |
| THE FORTE CHARITABLE FOUNDATION | FY2024 | £10k | 45% of the salary costs for a families project manager at a community hub in the London Borough of Newham. |
| THE FORTE CHARITABLE FOUNDATION | FY2022 | £10k | Small Grant |
| CHARLES S FRENCH CHARITABLE TRUST | FY2023 | £5k | |
| THE MRS SMITH AND MOUNT TRUST | FY2023 | £5k | Mount Fund - Mental Health |
| THE MRS SMITH AND MOUNT TRUST | FY2022 | £5k | The Mount Fund - Mental Health |
| CHARLES S FRENCH CHARITABLE TRUST | FY2024 | £4k | |
| LONDON CATALYST | FY2022 | £4k | Supported Volunteering programme for adults with learning difficulties to provide support for those on work placement. |
| THE ARCHER TRUST | FY2024 | £2k | |
| LONDON CATALYST | FY2025 | £2k | Hardship grant. |
| CHARLES S FRENCH CHARITABLE TRUST | FY2022 | £1k | |
| THE ARCHER TRUST | FY2022 | £1k | |
| EAST END COMMUNITY FOUNDATION | FY2024 | £1k | Foodbank |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 10/03/2025 | £50k | Grant to Ascension Community Trust |
| Sport England | 10/09/2024 | £8k | Emotion in Motion |
| The National Lottery Community Fund | 21/12/2023 | £217k | ACT Management |
| The National Lottery Community Fund | 06/01/2023 | £10k | Children and Families Project |
| City Bridge Foundation | 16/11/2022 | £148k | Grant to Ascension Community Trust |
| The National Lottery Community Fund | 16/07/2021 | £10k | Complex Needs Support |
| The National Lottery Community Fund | 29/05/2020 | £6k | Covid-19 Advice & Support |
| The National Lottery Community Fund | 22/03/2019 | £10k | Advice and Advocacy |
| City Bridge Foundation | 28/01/2016 | £13k | Grant to Ascension Community Trust |
| City Bridge Foundation | 10/01/2013 | £24k | Grant to Ascension Community Trust |
| The National Lottery Community Fund | 20/09/2012 | £5k | Custom House/Canning Town Youth Activity Club |