THE ASCENSION TRUST
Enrichment of the community through social action, outreach, education and mission work.
Objects
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.
Financial health, per its FY2025 accounts
The charity reported a net income surplus of £21,718 for the year ended 31 December 2025, with total funds increasing to £938,420. However, the trustees acknowledge a significant shortfall in reserves, holding £323,352 in free unrestricted funds which represents only 7 months of expected expenditure against a policy target of 12 months. The charity remains a going concern with no material uncertainties identified, supported by cash reserves of £1,099,073.
What the accounts disclose
“As at 31 December 2025, Ascension Trust had free reserves, being unrestricted funds not designated for a specific purpose, totalling £323,352 (2024: £301,581). This represents about 7 months of expected unrestricted overhead expenditure. The Management and Trustees acknowledge the significant shortfall of its target level” — page 13
“During the year a sum of £79,198 (2024: £91,291) was paid to Dr Ekhator & Associates for services rendered as a GP clinical lead for AT Beacon Project.”
“The charity wholly owns its subsidiary trading company, Ascension Commercial Limited” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 2
- Government income: £250,000 — grants £250,000 (1); 25% of the £982,563 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity; other trustee benefit
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 3
- Government income: £320,577 — grants £320,577 (4); 33% of the £966,826 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 5
- Government income: £373,771 — contracts £224,771 (2), grants £149,000 (1); 40% of the £941,377 total gross income on the same return
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Corporate structure
- Registered company of the charity Companies House 06751712
- Trading subsidiary: ASCENSION COMMERCIAL LIMITED Companies House 07586400
- Turnover: £67.7m
- Profit before tax: £12.5m
- The subsidiary holds amounts owed by group undertakings as debtors and owes amounts to group undertakings as creditors.
Funders the charity credits
- Drink Aware
- Pubwatch
- Best Bar None
- Purple Flag
- Proof of Age Standards Scheme (PASS)
- Community Alcohol Partnerships (CAP)
- The Home Offices’ Department for Communities and Local Government
- The Foundation
- The Trust
Company officers (Companies House)
- EZEOGU, Stella Nneka Oyiza on trustee list
- QUANRUD, Nicholas James, Father on trustee list
- OJO, Bola Ibilola on trustee list
- CAMERON, Vivine Vinton on trustee list
- SALMON, Antony Fitzgerald on trustee list
- MATHIAS-NWAULUNE, Theo Azu on trustee list
- BACON, Angela Mary, Rev. on trustee list
- CATO, Christina on trustee list
- EKHATOR, Chinyere Chi on trustee list
- HEDMAN, Julaine on trustee list
- ISAAC, Leslie Worrel, Rev. not on trustee list
- LADEGA, Olufemi on trustee list
- SINCLAIR, Lamley
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (10/06/2026)
- Received assets from another charity (27/01/2026)
- Received assets from another charity (02/01/2025)
- Received assets from another charity (17/09/2024)
- Received assets from another charity (23/07/2024)
- Received assets from another charity (21/12/2022)
Trustees
- Bola Ibilola Ojochair
- Antony Fitzgerald Salmon
- Christina Cato
- DR CHI CHI EKHATOR
- Julaine Hedman
- OLUFEMI PETER LADEGA
- REV LES ISAAC
- Rev Angela Mary Bacon
- Rev Nicholas James Quanrud
- Stella Nneka Oyiza Ezeogu
- Theo Azu Mathias-Nwaulune
- Vivine Vinton Cameron
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £983k | £961k |
| 31/12/2024 | £967k | £996k |
| 31/12/2023 | £941k | £922k |
| 31/12/2022 | £808k | £711k |
| 31/12/2021 | £715k | £419k |
Common questions
Is THE ASCENSION TRUST financially healthy?
Per its FY2025 accounts: The charity reported a net income surplus of £21,718 for the year ended 31 December 2025, with total funds increasing to £938,420. However, the trustees acknowledge a significant shortfall in reserves, holding £323,352 in free unrestricted funds which represents only 7 months of expected expenditure against a policy target of 12 months. The charity remains a going concern with no material uncertainties identified, supported by cash reserves of £1,099,073. Its FY2025 accounts were independently examined.
Who funds THE ASCENSION TRUST?
Funders whose own accounts filings name THE ASCENSION TRUST as a grant recipient include GUY'S AND ST THOMAS' FOUNDATION, BRIDGE HOUSE ESTATES, THE JERUSALEM TRUST, FISHMONGERS' COMPANY'S CHARITABLE TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, PURLEY.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 25/01/2023 | £168k | Grant to Ascension Trust |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Ethos Foundation | 1 | £100k |
| FRANCIS C SCOTT CHARITABLE TRUST | 1 | £94k |
| THE FORTE CHARITABLE FOUNDATION | 1 | £30k |
| NORWICH CONSOLIDATED CHARITIES | 1 | £25k |
| EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN | 1 | £13k |
| THE MRS SMITH AND MOUNT TRUST | 1 | £10k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £10k |
| Norwich Freemen's Charity | 1 | £10k |
Charities like this
- ASCENSION COMMUNITY TRUST
- TAKING GROUND
- ASSIST TRUST
- THE INTEGRATION TRUST LIMITED
- WALNEY COMMUNITY TRUST
- REGENERATE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ASCENSION TRUST | £983k | — | 0 | below | — | no doubt |
| ASCENSION COMMUNITY TRUST | £470k | — | 0 | unclear | — | no doubt |
| TAKING GROUND | £118k | — | 0 | above | — | no doubt |
| ASSIST TRUST | £1.4m | — | 0 | unclear | — | no doubt |
| THE INTEGRATION TRUST LIMITED | £395k | — | 0 | above | — | no doubt |
| WALNEY COMMUNITY TRUST | £180k | — | 0 | unclear | — | noted |