THE ASCENSION TRUST

Registered charity 1127204 · accounts filings on the Charity Commission register

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

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts

Latest income
£983k
Latest spending
£961k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £28,964 for the year ended 31 December 2024, resulting in total net assets of £916,702. The trustees acknowledge a shortfall against their reserves policy target, noting that free reserves of £478,140 represent approximately 11 months of expected overhead expenditure against a policy of 12 months. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12 months of expenditure (held: £478k)
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by AT is not less than 12 months of expenditure.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payment to Dr Ekhator & Associates for services rendered as GP clinical lead for AT Beacon Project.
“During the year a sum of £91,291 (2023: £55,980) was paid to Dr Ekhator & Associates for services rendered as a GP clinical lead for AT Beacon Project.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Ascension Commercial Limited
“The charity wholly owns its subsidiary trading company, Ascension Commercial Limited” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — The Ascension Trust (matched by registered charity number).

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income
£983k
Total spending
£961k
Reserves (reported)
£323k
Employees
15

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Antigua And Barbuda · Australia · Ghana · Gibraltar · Ireland · Nigeria · Scotland · Throughout England And Wales · Trinidad And Tobago · United States

Income and spending

Financial year endIncomeSpending
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 FY2024 accounts: The accounts state that the charity reported a net deficit of £28,964 for the year ended 31 December 2024, resulting in total net assets of £916,702. The trustees acknowledge a shortfall against their reserves policy target, noting that free reserves of £478,140 represent approximately 11 months of expected overhead expenditure against a policy of 12 months. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 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

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
City Bridge Foundation25/01/2023£168kGrant to Ascension Trust