Company Registration Number 06751712
Charity Registration Numbgr
1127204
The Ascension Trust
Report and Financial Statements
31 December 2024
ASCENSION
TRUST

The Ascenslon Trust
Réport and accounts for the year ended 31 Decgmbgr 2024
Contents
Page
Charity Information
Trustg95' Annual Report
Statement of directors, responsibilities
Independgnt Examlnafs R8POrt
12
14
Funds Statsm•nts'.
Stalgm&nl of FinancialActivit￿5
&alemenl of Finèneial Activiti&s- Prior Year
Balancè shèèt
Cash Flow Statement
Notss to th8 accounts
Is
16
17
19
20

The Ascension Trust
Annual Report 2024
Reference and AdminSstratlve Detalls
Company Registration Number 06751712
Charity Registrauon Number
1127204
Trustees..
Mr S Aiyere Ilnlerim Chairman) (Appointed 12 January 20241
Rev A M Bacon
Miss V V Cameron (Appointed 5 November 2024}
Mrs C Cato
Mr C R Donnan (Resigned 31 December 20241
Dr C C Ekhalor (Deputy Chairperson)
Ms J Hedman
Rev L W Isaac OBE IPresident}
Mr O Ladega
Mr T A Malhias-Nwaulune
Mr J O N Ogunji
Mr A F SaSmon (Appointed 5 November 20241
Secretary..
r A W H Crow (Resigned 31 De¢•mber 20241
Chlef ExecLrtlve Offic9r:
MrBHPal
Registèred Office:
Alpha House,
Alpha Pla￿,
58 Garth Road,
Morden, Surrey SM4 4TQ
Indepgndènt Examiner:
Fred Lamptey & Co,
Chartered Certified Accountants,
26 Felstead Vvay.
Luton. LU2 7LH

The Ascension Trust
Annual Report 2024
Tru$tses' Report
The trustses. who are directors for the purposes ol company law, present the annual report together
th the financial statements and Independent Examiner's report of The As￿nsIOn Trust Ihereinafter
called "AT") for the year ended 31 December 2024. This Report and the Accounts have been
prepared io comply wth the SORP FRS 102.
Structure, govemance and management
AT is a charitable company limited by guarantee, govemed by ts Memorandutn and Articles of
Association adopted on the 8 O¢lober 2008. 11 has no share capital the liability of each membèr
in the event of wnding-up is limited to £10. Prior to this. AT wa5 a charitable trust but converted to a
Charitable Company limited by guar￿tets due to th8 f¥F*d expansion of the Trust.
Recruitment and appointment of trustees
AT Is run by a btsard of directors which comprise3 11 directors Urusteesl. The Trustees are both
Trustees of the Charity and Directors of the Company. Where there is a need lor new Trustee8, Ih85e
would be identth'ed and appointéd by the current Trustees.
Organisational Structure
Al present. the 11 Trustees come frorn a variety of professional backgrounds, each relevant to the
activities of the charity. The Board of Trustees meets at least four limes a year, receiving reports from
the Chief Executive Officer ICEOI about the activities of the charity through its variou5 project5 set out
below.
The day-to-day managtrtnent of the or9anisation is shouldered by a staff team, headed by the CEO.
Such day-lo-day management is supervised by the CEO and a Senior Management Team ISMTI that
ia¢lude5 the Chief Operations Offi'cer, the Legal & Policy Officer. Finance Manager. Office Manager
and a volunteer legal Consultant, the Company Secretary.
The SMT ièceives regular reports lat least monthly) from thè Finance Man8ger and serious
consideration is given lo the state of the charity's financès with appropriate reports being made to the
Board of Directors for decisions to be made for the continuing financial viability ol the charity. The
remuneration of the paid SMT members is reviewed annually by the Board ol Trustees who takes into
consideration the level ol pay accorded to people in similar positions within the Third Sector.
The charity ¥tholly owns its sub51diary trading company, Ascension Commercial Limrted, of which the
President is also a director and lo whose meetings the CEO regularly attends. The prlncipal business
ol the trading subsidiary is the supply of unifoirlls lo Street Pastors, School and College Pastors, Rail
Pastor8, and Response Pastors together with merchandise that PTomote5 the work of the charity
through ils various initiatives.

The Ascension Trust
Annual Report 2024
Induction and training of trustees
The chairman of Trustees 15 responsible for the induction of any rEw Trustee. This involves
awareness training Of a Trustee's duties and re$ponsibililies, the gtsveming document, administrative
procedures, as well as the history and ethos ol the charity. A new Trustee wrill a150 receive a oopy of
the charity's governing document and the p￿VrouS year's annual report and a copy ol the Charity
Commission leafiet'The Essential TNstee'. Vvhat you ne￿ lo know, what you need to do.
Public benefit
AT has a number ol schemes in operation which actively serve the public, narnely Street Pasiors.
Prayer Pastors, Response Pastors, School and College Pastors, Urban Youth Mission, Rail Pastors,
the 60140 Youth Project, the Synergy Network, Oyibi Project. Five2Medi¢s and the AT Beacon
Project, and Bridge Watch. More details are provided below.
The trustees confimi that they have wmplied with the requirements of section 4 of the Charities Act
2011 to have due regard to the publi¢ benefit guidance published by the Charity Commission for
England and Wales.
Objectives and activities
The principal objective of AT concerns the advancement of the cornmuHty through outreach and
training. Each year the trustees review the objectives and activities lo ensure that they ¢onlinu& lo
reflect our aims. During this review, the Irusiees consider the Charity Commission's guidance on
public benefit.
The aims ofAT as set out in the ¢harty'$ Mernorandum of Associatton are summarised as tollows..
lal To advance the Christian faith.
Ibl To relieve sicknes$ and financial hardship.
{cl To promote and preserve good physical, mental and emotional health.
This is achieved in the ftsllowing way5'.
For the benefit of the public, transfoming the direction of not only som&body's night but
50rnebody's Ikfe.
OfFering hurnan contact which reduces social isolation and provides conneotion within
commun(tSes.
Strengthening and preserving good physical, mental and emotional hea￿h of cornmunilies.
By the use of volunteers, influencing and glvbng power lo individua15 tsver own lives and
communities.

The Ascension Trust
Annual Report 2024
Building strong resilient wmmunrties.
Building positive relationships wth the poli￿, Local Authorities and thosa who wish to partner
th the Trust to reduce the challenges which 13 faced by all communities.
AT has demonstrated rts power and ability to mobilisè wmrrunib'es and build positive relationships
with its partners, particularfy the Police. I￿1 aulhorth8 and churches that together we call 'The
Urban Trinity..
As set out beFow (Achievements and Perfomiancel, the charity aims to ensure and increase the safety
of communities In the night-time econorny, safety in schools and colleges, to prevent suicides at train
stalSon$ and on central London bridges, to support and counsel those traurnatised by national tragic
events. engaging young people in positive community activities ratrer Ih8n gang-relaled violence and
drawng out the enormous potential that young people have lo impact their peers and th¢ wider
Community for good, building solidarity and cooperation between charities, communty agencies, the
police and local authorities in addréssing all the above issues. More details are given in the
"Achievements and Perfomiance Section below.
Volunteers
Vdunteers perforrn a key task on behalf of AT. They are therefore central to meeting tre aims and
objectives of AT. 11 would b& impossible lo ddiver our rnission without them. Al present, there are
approximately 14.000 trained volunteers in England and Wales working lor local charities operating
under the AT umbrella as Street Pastors, S¢hool and College Pastors, Rail Pastors and Response
Pastors. AT aims to sustain and increase its volunteer base. AT aims, through its social action
initiatives, to train Indlvklugls for rolevant and informed interath.on at local. national and Intematsonal
levels.
Achievements and p&rforman¢e
Tralnlng
AT through ils social action initiatives aim$ lo train individuals for relevant and infomied interaction al
local. national and international levels.
A number of new Street Pastors volunteers were addeil to the pool of Street Pastors setving
the UK during 2024. The individuals being trained were able lo attend and ¢()mplete their
training through the Ascension Trust's online tiaining. Online tr31ning was launched in
October 2020 writh the hope of delivering training lo all for Street Pastors, School, leadership
courses. Équality courses and other bèspoke training courses lo both our Paslor initiatives
and to the public in general.
New School Pastors trained online alollgside Street Pastors In mental health, youth ¢ullure
and Ilslening skills in 2024.

The Ascension Trust
Annual Report 2024
In-person training events look place across the networks in the areas of Roles &
Responsibilities, Refresher courses and School and College Pastors Roles &
Rèsponsibilities.
In 2024 AT resumed the provision of tiaining for the coordinators and trustees of the Pastor
initiatwes. The training cover5 all aspects of the day-104ay running of local initiatives. In the
past the one-day training course delivered in person at the AT offices, or a team from AT
travelled to different parts of th* county to deliver the training regionally. In 2024 AT Irialled
delivering the training online in bite-sized evening ses5i0ns which included governance,
website and s(Kial media managernent, the management of volunteers, reeruilrnent, training,
finance, and fundraising. The online spnng and auturnn sessions were well received and will
be repealed in 2025.
Projects
Street Pastors
Street Pastors are trained volunteer8 who typically patrol the Streets between the hours of 10pm and
4am, but local area5 Can vary their patrol limes according lo local needs, wth some areas patrolling
during the day or early evening. At present there are local Street Pastor inilialives across the country
with more inlernalionally. (Website..
.street
r5.or
.uk
Response Pastors
Response Pastors deliver help lo those who are impacted by malor disasters at events $u¢h as
terrorisl attacks, crashes and other in￿dentS. They were last deployed in August 2024 following the
Soulhport attad<s. htt ".Ilwww.ascensiontrusl.o
.uklres
on$e-
aslorsl
School and Collog• Pa8tors
School Pastors meet students at the gate, al the bus stop and go into schools offering
fiiendship, safety and care, and ready to help staff providing additional pastoral support in the school
environment and in encouraging young people who are hurting and vulnerable. School Pastors also
patrol l¢)cal town centor5 and transport tiubs where students congregate outside of school hours.
There ar& a growing nymber of School Pastor initiatives in the UK and Snlernationally. (Website..
¥MWW.school astors.or
Rall Pastors
Rail Pastors help lo patrol on train statlon platfomis and in trains and like Street P8Stors they offer a
caiing. listening and helping presence, thereby reducing risk maintainlng the safety and wellbeing of
rail travellers on rail ne￿orkS. During the COUT5e of the year IoGal teams reported intervention5 where
individuals had been Intending to take their lives on railway tracks, but the teams, interventions we
ab￿ to help individuals to step back from the edge and prevent this from taking pla¢è.
htl s'.Ilwww.as¢ensiontrus1.or
.uklrail
as
60140 Youth Project
Working in partnership with the Lambeth Methodist Cir¢uil, and Young Llfe International, this proje¢l
equips young people in the Borough of Lambeth to realise their full potential and develop as

The AS￿nSIon Trust
Annual Report 2024
responsib￿ members of their Community. Two full-lime youth workers are working within the churd)
and wider community to equip and empower young people to play their part in cornmunity life.
htt s'.Ilw￿.asCenSionIruSI.0r
.UkI60-4￿ outh-
ecVmeet-the.tearnl
Th• Synergy Network
AT leads this network bringing together organisations and individuals to work collaboratively to
addres5 youth violenoe. Currently ￿rkiThg in London, relationship is key as we are stronger together.
The Synergy Network brings all voices to the table so that we unite behind onè ery lo bring pÈaee and
hope back to our streets Ènd cornrnunrty.
In June 2024 the Synergy Ne￿rk held an event exploring trauma and its impact on young people
which also offe¥ed the opporturrily foi young people lo explore issues around street violence.
In December 2024 the Synergy Network launched its One Pledge One Change campaign aimed at
reducing or aradicating violen¢e against young people. Participants were invited to make one pledge
that will lead to one ch8nge in addressing the violence that is affecting young peopk across the
naton. Ivvebsile". h
Iweares
ner
.or
The AT Beacon Prolect
Building wellness and resilien￿ in conmunilies facing challenges, disadvantage and requiring
support, Five2Medics aims to irnprove lives, dismant16 health inequalities and disparities and to
reduce the impact of physical, psycholog￿al and s¢aal issues.
Five2Medics dèlivèr projocts and initiatives that ease the health burden6 on systems,
communities and individuals.
We promote health, diSMan￿e rnisinformation and protect wellbeing in response 10 50cietsl
challenges. inequities. disadvantage and deprivation.
We deliver these in¢(iatives in partnership with key stakeholders through eornmissionin9.
collaboration. partnership and enterprise.
The AT Beacon Project continues to work acros5 Lambelh, holding health and wellbeing hubs in local
communities, providing access to tiusled sources on health and wellbeing. The AT Beacon Project
supports people to make healthy choices. provides mental health and peer support, and faeilitates
education and weblnars for churches, faith groups and loeal eommunltie5.
(Website..
.atbeaGon
ro
ecl.or
l. The Beacon Projeci works closely urilh Larllbeth Public Health and Impact
on Urban Health. 11 has operated a joint initiative with the Alexander Rose Charity on the charity's
Fruit & Veg Rose Voucher Scheme providing a frutt and vegetables on prescripts'on.
Frorn March to October 2024 the AT Beacon Project worked alongsKle the Alexandra Rose Charity
and Lambeth Council on delivering the Fruit and Vegetsble on Prescriptlon Pilot Project, which fomied
part of Lambeth Public Heabth's wder plans to tackle food poverty and insecurity in the boiwgh as

The Ascension Trust
Annual Report 2024
part ol the councll's Health and Wellbeing Strategy. The pilot was deemed succe88fv1, amongst othe¥
things providing holistic support through weekly face-lo-f8¢e check-ins wth the AT Beacon Project
team.
The AT Beacon Project team took part in the Lambeth Country Show offering blood pressure checks,
èyè heatth assessments, kidney health evaluations. general health and nulrilional advice, and
ferials to other social sekvices in the borough.
In June 2024 the team saw the launch of a new outreach hub at SVV9 Learning Centre in Stockwell
broadening the team's services for rèsidènts in the Brixlon. Other events supported by the team
during the year included the Inspire event with the Lambeth Together team, the Wellness Saturday at
The Black Famier's Market in Brixton, a 10-year ¢elebra*on oflhe Community Shop in Wesl Norwood
where the team runs a health and wellbeing hub, and a surnmer community lair in Sladè Gardens with
SW9 Community Housing.
The team's work was recognised when Dr Chi-chi Ekhalor, the GP lead for the AT Beacon Project
rec&ved the Health and Soci81 Care Award al the Zenith Global Award cerèmony in Septembér 2024
and AT also received a Certificate of Achievement in recognrtlon of its team's ou151anding
commitrnenl and Contribut￿n lo exCel￿nCe in heallh¢are.
The AT Beacon Project works with a number of other organisations. A key objeetniè of 11$ work
continues to be building trust in Black and other ethnic minority communitie5 in Lambeth. AT Beaoon
has received subslanlial grants to fund its work.
Bridge Watch
AT is working with a numbei of agencies including the Royal Natlonal Lifeboat Institution IRNLII, the
Port of London Authority. the City of London Police, the London Fire Brigade, the Maritime &
Coastguard Agency, Thrive LDN and the City of London Corporation to provid& a service through
volunteers who patrol th6 Thames bridge5 in London where there have been frequent suicides with a
view to seeking lo prevent these happ?ning. Volunteers have been trained and the first patrol on one
of the bridges took place in December 2023 and in the time since the patrols started, thè volunteers
have intetvened to prevent the loss of life on the bridges. From the outset the City Bridge Trust
provided funding for this wotl(. htt s.'Ilbrid
ewa
h.ukl
Ovgrseas Mission
This year, AT organised a mi38ion lo Ghana in October wth a team 0118 individuals which included
doctors. nurs65. an ophthalmologist and a pharrnacist as well a$ ministw$ of religion and other
professionals. The mission team resumed work with the Kayay6i Youth Association IKYAI based in
the Agbogbloshie area of Accra and also worked with the Apostolic ChLirch in the Accra region of
Ghana.
During the two days at the Old Fadama Cllnlc in Agbogbloshie, mission team n7embers worked
alongside the KYA. officials from the Ghanaian National Health Insurance SchenE INHIS) and
workers at the Old F￿arna Clinic providing health checks whilst 300 Kayayei women and children
were registered or re-registered wlh the Ghanaian National Health Insurance Scheme after

The Ascension Trust
Annual Report 2024
sponsorship by the Ascension Trust.
The mission team spent 10 days wlh the Apostolic Church in Accra. The educats'on team was led
aeross the 6 days by an educational consultant and former executive head teacher from the UK who
worked alongside teaching staff at the local school demonstrating how STEM could be embedded In
the curriculum across age grwps, with limited resources.
Oyibi Project
Situated in Greater Accra region. Ghana. Oyibi is worknng with explotsd young women.
Principal fundlng sourc•s
Although we generate income by way ol donab'ons from the public and churches, the principal funding
source for the charity are contributions from rts various initiatives linclLJding Street Pastors Initiatives)
in the forrn of licence fees. The licence lee income. when compared to th6 previous years has
reduced. Howewer. we would like to thank our initiative5 who, notwithstanding their Challenging
circumstances. continue to ￿ntribute lo the ¢enlral funds so that AT can maintain its services to the
whole network.
The Board and rts Finance Sub-committee remains wgilanl in their commitment lo the work of AT,
seeking to idents'fy new opportunities to increase revenue and lo review fundiai3iny options.
We acknowledge and thank all those individuals, churche$, and ¢ompani¢s, who hav¢ supported the
work of Ascension Trust in the past years through their kind donations of funds, advice and time.
Our speC￿e thanks lo the tollowng organisalions..
Church Cornrnunilies UK
St Marks Kennington PCC
Parochial Church Council
Christian L1fè FellO￿hIp
The Jerusalem Trust
New Testsmenl Church of God
icah Christian
Berrymead Evangeli¢al Church
Perry Rise Baptist Chureh
St John's PCC Pewsey
Crty Gatè Church ILford
Harringay Unlted Church
The Apostolic Church
Christ Church Purley
Brandon Baptist Church
Benefa¢l Trust
Church gf St Thomas

The AS￿nSIon Trust
Annual Report 2024
Financial Revlew
The ¢harity s financialposition at thè ond of the y•ar ended 31 December 2024
The financial position of the charity at 31 December 2024 and comparatives for the prior
period. as rnore fully detailed In the accounts. can be sumrnarised as follows..
2024
2023
Nel income
128,964}
19,813
Unrestricted Revenue Funds available
For the general purpose5 01 the charity
Restricted Revenue Funds
478.140
495,422
450 244
Totsl Funds
ReseNes
The Mana9emenl and Trustees examined the charity's requremenls for reserves in the Ilghl of the
main risks to the organisalion. It has established a policy whereby the unr¢slricled funds not
committed or invè$led in tangible fixed assets held by AT is not less than 12 months of expenditure.
This will allow AT lo function properly, evèn If there is a signffjcant downturn in income in the present
economic ¢ircumstan¢es. As al 31 December 2024. Ascension Trust had free reserves, being
unreslriGled funds not designated for a speclfic purpose, lolalling £478,14012023'. £495,422). This
represents about 11 months of expe￿ed overhead expenditure
The Managernent and Trustees acknO￿edge the significant 8hortfall of its target level and plan lo
continue to build reserves through operating surpluses and tsrgeted fundirTrg applications. In the short
tem), the Management and Trustee8 have also considered the extent to which existin9 activities and
expenditure Could be curtailed. should such Gir¢umstances arlse.
Investment policy and objectives
To dale there has been very little financial headroom to ¢onsider any significant long-lerm investment
opportunities. The Senior Management Team and Trustees remain activ8 In exploring way8 10
improve the relums on cash reserves.

The Ascension Trust
Annual Report 2024
Major risks and managgmont ofthose risks
The CEO, along wlh the directors, routinely examines the business, reputation and operational risks
when preparing strategic plans and budgets, and when ¢onsidering forthcoming projects.
particular. AT is aware of the risks involved in working wlh its variou5 conststuenc*s. including..
Associated projects around the UK
Vulnerable people Including young people
iii. Individual Streel Pastors
iv. Financial procedures
International development
The SMT reviews the finanrAal position of the charity on a monthly basis with the Finance Manager.
The CEO seeks to raise funds in the many meetings he has across the UK. The Finance team
gularty ¢hase local Street Pastor Initiatives for the payment of li￿nTr fees. The Board of Trustees
re￿iVeS financjal reports al each of Iheii meetings and will advise the CEO of strategies that need lo
be undertaken to address potential shortralls ir? income. The Board of Trustees is aware of the
pattern of the plateauing of licence fee income from the longèr established Street Pastor initiatives
The CEO and members of the SMT regularly speak to Ihe coordinalors and Chairs of the
Management Teams and, where necessary and possible, meet wth local initiatives Ici stimulate
growth through fresh outworkin9 of local charitsble objectives.
A careful watch is kept upon the u$e of uniforms by local initiatives lo ensure no undermining of AT'S
reputation or brands. Furtherrnore, AT carries out Quality As$uran¢e Reviews wth local initiab'ves,
particulady where con￿M$ arise in dealings between AT and a l(Kal inilialive.
The Refresher courses address the key issue of safety on the streets for all our Street Pa$lors and
School and col￿ge Pastor inilialives.
Plans for future periods
AT will ¢onlinue all its projects listed in the section 8bove"Achievemenls and Performance- Projects.
seeking, where the demand is expre55ed by local churche5, to grow the number of Street Pastor
inili8tives nationally and internationally and School and College Pastor inilialives IhroughoLJt the UK.
Particular work will be continued to grow the 60140 Youth Project. the Syn?rgy Network and AT
Beacon Project.
Further training of Response Pastors will be kJndÈrt2ken. AT will contsnue to provide online training for
new Street Pastors and School Pastors nationally and internati(￿allY.
The Board of Trustees and the SMT will work wi(h ttie AT Prayer Representstives to grow prayer for
all ils projects.
10

Thè Ascension Trust
Annual Report 2024
Dlsclosure of Informatlon to Independent Examiner
Each trustee ha$ taken step5 that they ought to have taken as a tru81ee in order lo make themselve5
aware of any relevant independet)t examination informats'on and to establish that the charty's
independent examiner is aware of tral inforrnalion. The trustees eonfirm that the￿ 18 no relevant
information that they know of of which they know the independent exarniner is unaware.
Support
Having read this Report, please consider suppx)rting the work of AT. Through our various projects, we
are addressing key Issues affecting our society today and the number of years that we have been
operating is testlmony to the effectiveness of our projects and methods of working. There is still much
work to be done, and your support wll be invaluable lo our conlribuling our part in improving the lives
of young people and the ￿rider community.
Please contact us on 020 8330 2809 or by email at finance
donation or sel up a standing order.
asGensionlru
.uk lo make a
The annu81 report was approved by the trustees of the charity cm 0910712025 and signed on its behalf
ine
edman
11

The Ascension Trust
Annual Report 2024
statement of the Diroctors Trustees. Responsibilities
The Charity's trustees are responsible for the preparab'on of the accounts in 8ccordanee wrth the
terms of the Companies Act 20C6, the Charities Art 2011 and the Charities (Accounts and
Reports) Regulations 2008. Notwithstanding the eXpl￿1t requirement in the extant statutory
re9ulations, the Charities (Accounts and Report51 Regulab'ons 2008, to preparè the financial
statements in accordance wth the SORP 2005, in view of the lacl that the SORP 2005 has
been wthdrawn, the Trustees determined to inlerpret this responsibility as requiring them lo
follow current best practice and prepare the accounts according to the FRS 102 SORP
(Statement of Recommended Practi￿ for A¢¢ounllng and Ret)orting by Gharf(iesl 2015, las
amended by the Bulletin issued in October 2018 and appll¢able lo all a¢counb"ng periods
beginning ofj or after 151 January 20191, IThe SORPI,
In particular, the Companies Act 2006 and charity law require Ihe Board of Trustees to prepare
nancial statements for each financial year which give a true and fair view ol the state of affairs
of the charity as at the end ol the financial year and of th¥ surplus or dèficlt of the charily. In
preparing thos& financial slalemenls the Board Is required lo..
Prepare the ac¢ounl$ in accordance wrth United Kingdom Generally Accepted
A¢¢ounling Pracli¢e Iuniled Kingdorn Accounting Standards and applicable lawl.
Select suitable accounting policies and apply them conslslenlly.
Make judgements and estimates that are reasonable and prudent.
p￿pare the financial slaternents on the going concern t)asis unless il is inappropriate lo
presume that the charty wlll continue In business.
State vthelher applicable accounting standards and statements of recommended
practice had been followed, subject lo any material departures disclosed and explained
in the financial staternents.
The law requires that the Iwstees must not approve the accounts unless they are satisffied that
they give a true and fair view of the state of affairs of the charity and ol the surplu8 or deficit of
the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose
with reasonable a¢¢uiacy al 8ny tirre the financial posilion of the charity and which are
sufficient to show and explain the charity's transactions and enable them lo ensure that the
financial st8t&m&nts comply with the Companies Act 2006 and comply with regulations made
under the Charities Act. They are also responsible lor safeguarding th¢ assets of the charity
12

The Ascension Trust
Annual Report 2024
and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
Irregularit￿$.
The Trustees are also responsible for the contents of the Twstee5' report. and th$ slaluloTy
responsibility of the Independent Examiner in relation to the Trusteès, report is limited to
examining the report and ensuring that, the report is ¢on8islent with the figures disclosed in the
financial statements.
Melh¢d of preparation of a¢¢ounts- small company provisions
The financial stalemenl$ are set out on pages 14 to 29.
The flnancial statements have been prepared implementing the FRS 102 SORP IStatem8nt of
R¢¢ommended Practlce for Accounting and Reporting by Chariliesl 2015, las amended by the
Bulletin is5uod in October 2018 and applicable lo all accounting periods beginning on or after
141 January 20191, (The SORPI. and in accordan¢e Mlh the Financial Reporting Standard 102,
(effectivè 1 $1 January 20161.
These financial statements have been prepared in accordance with the provisions in Part 15 of
the Companies Act 2006 applicable to eompanies subject to the small companies, reglrne.
Approved by the trusteè5 of the charriy on 091071202S and signed on its behaM by..
Sam Aiyere
Tru81ee
13

The Ascension Trust
Annual Report 2024
Indepèndent Examinerf$ Report to the trust￿$ ol The Ascension Tru#1
I report to the charity tnjstees on my examination of the accounts of the charity for the year ended 31
December 2024 which are set out on pages 14 to 29. The charity's gross income exceeded £250 000 arTrd I
am qualified to undertako the examination ty being a qualthed member of the Association Chartered
Certified Accountants.
Respectlve responslbililles of trustees and eXaMi￿r
As the ¢harity's trustees of The Ascension Trust land also ils dir6Ctors for the purposes of company lawl
you are responsible for the preparation ol the accounts in a(£ordance with the requirements of the
Companies Act 20061'lhe 2006 Act'l.
Havirng satisfied myself that the accounts of The Ascension Trust are not required to be audited under Part
16 of the 2006 Act and a￿ eligible for independent exatnination, I report in respect of my examinaiion of
y￿r chaiity's a¢Gounts as carried out under sedion 145 of the Charities 2011 I'the 2011 Ac¥l. In
arrying out my examination I have followed the Di￿¢￿0n$ given by the Charity Commission under section
14515llbl of the 2011 Act.
In(l*pendent examiner's Stat•ment
I have completed my examination. I confirm that no rnatter5 have conE to my attentA)n in connection with
th& examination giving tne cause lo believe".
1. accounting records weie not kept in respe¢l of The AS￿nSIon Trust as required by section 386 of the
2006 Act,. or
2. the ac¢ounts do not accord with those records., or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'truè and fair whi¢h is not a matter considered as
part of an independent examlnation., or
4. the aGcounts have not been prepared in accordance with the methods and principles of the Ststement
of Recommended Piaclice for accounl"n9 and reporting by charities lapplicable to charities pieparing
their accounts in accor#ance with the Financial Reporting Standard app11¢8ble in the UK and Republic
of Ireland IFRS 10211.
I have no concerns and have come across no other tnatters in connection with the examination to which
attention should be drawn in this repori in order to enable a proper understanding of the accounts to be
reached.
Fred Lamptey
Fred Lampley & Co
Chartered Certified A¢tr)unknt and Independent Examiner
26 Felslead Way
Lulon,
LU2 7LH
Date..
14

The Ascension Trust
Statemgnt of Financial Activities (including the Income and expendlture
account) for the year ended 31 De¢embor 2024
Notes
Unr06tr1¢t
¢d Funds
Re$tridèd
Fund5
Total
Funds
Total
Fursds
2024
2024
2024
2023
In¢om¥ & Endowments
Donations & Legac4es
Charitable aclivrties
Other trading ath"vili*s
Investments
Other
76,742
348,989
34,453
10,980
486,166
562,908
348,989
34,453
10,980
497,217
3W.114
43,892
7,780
480 660
966 826
941 377
Expendlture on..
Raising ILmds
Charitable activities
Total èxp8nditure
13
114,604
114.604
136,241
12
Net Income for the year
Net mov•mont in fund8
(17,2821
{11,682}
128,9641
19.813
ReconciliatK)n of Yunds
Total funds brought lotward
The notes attached on pages 19 to 29 form an integral part of thes¢ a¢¢ounts.
15

The Ascension Trust
statement of Financial Activities Ilncluding the income and exppndlture
account) for the year ended 31 December 2024
Analysis ofprioryear
Not•$ Unrostrictsd
Funds
Restrlctsd
Funds
2023
Totsl
Fund$
1023
2023
Income & Endowm•nts
Donations & Legaries
Charitable activities
Other trading actsvitie8
Investments
424,205
390,114
43,892
7.780
73,012
497,217
390,114
43,892
7.780
Other
941
Expenditure on..
Raising funds
Charit8ble activities
Total expenditure
13
12
136,241
898 231
138,241
785 323
834 472
921
Net income for tha ygar
Net movement in funds
33.893
114,0801
19,813
Recon¢iliation of funds
Total funds brought fotward
16

The Ascension Trust
Balance Sheet as at 31 December 2024
Notes
2024
2023
Fixed assets
Tangible assets
Investments held as
fixed assets
Totsl fixed assets
17
204.023
213,681
18
204,024
213,682
Current a$$ots
Debtors
Cash al bank and in
hand
Total curront assets
19
205,829
187,510
812 745
1.018,574
1,035,087
Credltors: amounts
falling d￿e within one
y•ar
20
300 355
287 448
Net current assets
718 219
922.243
747 639
961,321
Ngt assets
Creditors". amounts
falling due after more
than one year
The total net assets of
the charlty
21
Thè totsl net assets of the charlty are funded by thè funds ol thg charity, as
follows: _
Rgstricted funds
Restricted R8vonuÉ
Funds
22
438,562
450,244
Unre$triGted Funds
Unrestricted Revenue
Funds
Total charity funds
22
478 140
495 422
The directors are satisfied that the company is enlided lo exemption from the requirement
to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in a¢cordance with
section 478 ol the Act.
The directors acknowledge their responsibilits'es for complyir7g with the requirements of
the Companies Act 20C6 with respect lo accounbng records and the p￿paratIOn of
accounts.
17

The charity is subject lo audit under charity18gislalion, and the report of the Charities Act
auditor is on page 11.
The financial statements have be&n prepared in accordance with the provisions in Part 15
of the Companies Act 2006. applicable lo companies subjèct lo the small companies,
regime.
The notes attached on pages 19 10 29 form an integral part of these accounts.
Sam Aiyere
Trustee
Approved by board of tnJslees on 0910712025
18

The Ascension Trust
Cash Flow Ststement for the year ended 31 December 2024
2024
2023
Cash flows tor operatlng acttvltl•s
91 cash provided by operating activrties
178 113
Cash flows from investing activities
Interest received
Purchase of property. pknt and equipment
Net cash provided by investing activities
10,980
7,780
134,8321
182,043
Cash inflows from new borrowings
Overall cash provided by all actlvltlos
182 043
Cash movements
Change in cash and cash equivalents from activities in
the year ended 31 December 2024
134.8321
182.043
Cash and ¢ash equivalent 1 January 2024
Cash at bank and in hand less overdraft as at 31112124
Analysis of cash and cash equivalents
2024
2023
Cash In hand for the year ended 31 De￿mber 2024
Total cash and cash gqulvalents
812745
19

The Ascènsion Trust Annual Report 2024
Notes lo the Accounts for the year ended 31 December 2024
Accounting Policies
1.1 Basis of Preparation
The accounts have been prepared on the accruals basis, under the historical (x)st convention, and in
accordan￿ with the Financial Reporting Standard 102, 'FRS 102 SORP (Slalement of Recommended
Practice for Accounting and Reporting by Charities) 2019
1.2 Going Concern
The Trustees of the charity have eoncluded that there are no material uncertainties related to events or
condrtions that may cast significant doubl on the ability of the charty lo continue as a going concern.
1.3 InGome recognition
Income, whether from exchange or nonthexchan9e transactions, is recognised in the slalemenl of financial
activities ISOFAI on a recÈivable basis. when a transaction or other event results in an increase in the
charity's assets or a reduction in ils liabilities and only when the charity has legal entitlement, the income
is probable and can be measured reliably. Income subject to lem5 and conditions which must be met
before the charity is enlilled lo the resources is not reeognised until the conditions have been mel.
All income is accounted for gross, before deducting any related fees or costs.
1.4 Deferred income
Where terms and conditions relating lo income have not been mel or UnGertainty exists as lo whether the
charity can meet any terms or conditions olhenMise within ils control, income is not recognised but is
deferred as a liability until il is probable that the terms or conditsons imposed can be mel.
1.5 Fund accounting
Unrestricted funds are available for use al the discretion of the trustees in furtherance of the general
objectives of the charity. Reslri¢led funds are donations which donors have specified are solely used for a
particular areas of the charty work or for specffic projects being undertaken by the charity.
1.6 ReCogn￿lOn of liabilitie5 and expenditure
A Ilabllity, and the related expendf(ure, is recognised when a legal or construclNe obligation exists as a
result of a pa51 event. and when it is more likely than not that a transfer of economic benefits will be
required in selllemenl, and when the amount of the obligation can be measured or reliably esb"Tnated. All
liabilities are measured at fair value.
1.7 Allocating costs to activities
Direct costs that are specrfically related lo an activity are allocated lo that activity. Shared direct costs and
support costs are apportioned be￿een aclivilies.
The basis for apportionment, which is consislenlly applied, and propDrtionale lo the circumstances, is'.-
Stsffing on a per capila basis, based on the number of people ernployed within any particular aclivily.
Premises related and non-specific support costs
on the basis of a certain per￿ntage based on the
esbmation ol time spent in the Offi￿ and Work carried oul during the year.
1.8 Volunteers
In accordance with the SORP. and in recognib'on of the difficulties in placing a monetary value on the
contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
1.9 Tangible fixed assets
Tangible fixed asse15 are measured al thelr origin* ¢o5t value, or subsequent revaluation, or if donated. as de8crib
abovè. Cost value indudes 811 costs expended in bringing the sssel into ils intended working ¢ondition.
20

The Ascension Trust Annual Report 2024
Notes to the Accounts for the year ended 31 December 2024
Freehold premis8S
Office Equipment
Furniture & Fixtures
2 /0 slraighl line
1 SOA straight line
20% reducing balan
1.10 Cash atbank
Cash held by the charity is included in the amount actually held and counted al the year end Bank
balances, whether in credit or overdrawn, are shown al amounts properly reconciled lo the bank
slalements.
1.11 Debtors
Debtors ar8 measured at their Tecoverable amounts at the balance sheet dale.
1.12 Pensions defined contribution schemes
The charity opeffiles a defined contribution pension scheme. Contributions are charged to the profit and
loss aecounl as they become payable in accordance with the rules of the scheme.
1.13. Creditors
Trade creditors a￿ reGognisèd initially al the transaction price and subsequently measured at amorti58J
cost using effective interest method.
2. Legal status of the charlty
The charity is a company limited by gu8ranlee and has no share capital. The liability of each mernber in
the event of winding-up is limited to £10.
3. Income from donallons and19gacles
Unrestricted
Reslrlcled
Total
2024
Total
2023
PLiblic donations
33,258
14,145
47.403
41,005
Legacies
180
180
Grants.. Govl 8 public bodies
Private sectors donations
382,479
382,479
362.650
11,178
89,542
100,720
74,090
Mission in¢ome
23.973
23,973
14,165
Gift Aid Receivable
4. Ineome from charitabla acttvitios- Trading activities
Unrestricted
Restricted
Total
2024
Total
2023
Licence fee
218,568
218.568
232,920
Training income
34,178
34,178
30,672
Other trading income
126 522
21

The Ascension Trust Annual Report 2024
Notes lo the Accounts for the year ended 310ecember 2024
5 Income from other non-charitablo activities
Unrestricted Restricted
Total
2024
Totsl
2023
Income from various events
Income from lelling from charitable
purpose
22,374
22.374
32.677
6. Investm8nt Income
Unrestricted
Restricted
Total
2024
Total
2023
Bank interest
7. Othor Income gain
Unreslricled
Reslricled
Total
2024
Tot81
2023
Employment Alowan
Stalulory Pay Received
1,955
1,955
2,374
8. Expgndlture on charitable actlvities- Dlrect spendlng
Unrestricted
Restricted
Total
2024
Total
2023
Br￿ge Watch
Operation Resloration
Synergy Ne￿Ork
Operatign Save Jamaica
60.'4D Youth Project
Street Pastors
24,300
24.300
11,293
10,380
10,380
10,283
7,928
1.928
420
1,885
1.126
1,126
2,257
61,994
61.994
50,857
Prayer Pastors
464
22

The Ascension Trust Annual Report 2024
Notes to the Accounts for the year ended 31 De￿mber 2024
9. Exp•ndltur• on charitable activities- Charitable trading
Restricted
Unreslricled
Total
Total
2024
2023
Training expenditure
Annual gvents cost
11.843
11,843
9,099
900
900
21,231
Gross wages and salaries
228,362
228.362
229,395
Ernployers, Ni
Defined contribution pension costs
18,030
18,030
18,201
3,427
3.427
3,330
UK Vision 2030
3.515
3.515
4,952
Mission
19 696
10. Support Costs for charitable activities
Unrestricted
Restricted
Total
2024
Total
2023
Employees, costs not included
in direct costs..
Salaries- Administrative staff
235,413
235.413
198,550
Defined contribution pension costs
5,446
5,446
5.580
Employers, Nl
20.618
20.618
17,683
Voluntsers cosl
911
911
450
Premises expenses
26,934
272
27,206
21,997
Administrative overheads
47,416
475
47.891
35,831
Legal & Professional fee
Bank charges
622
626
648
3.433
35
3.468
3,870
Depreciation
9,562
97
9.659
9,838
Bank interest payable
533
535
777
23

The Ascension Trust Annual Report 2024
Notes to the Accounts for the year ended 31 December 2024
11. Other Expendlture- Governance costs
Unreslricled
Restricted
Total
2024
Total
2023
Independent Examiner's fee
1,950
1,950
1,800
Charity Admin cost
48,722
48,722
48,003
Benefits paid to twslees
Professional & consultancy fee
91,291
91,291
55,980
882
882
12. Total Expendlture
2024
2023
Direct charitsble cost
63,[￿1
37,734
100,795
77,459
Trading cost
32,439
253,334
285,773
300,013
Support cost
350,888
885
351,773
295,024
Govemance cost
51
112827
13. Exp•nditure on raising funds and eo¥t of project managgmgnt
Unrestricted
Reslricled
Tots
Total
2024
2023
AT Beacon Project
114604
24

The Ascension Trust Annual Report 2024
Notes to the Accounts for the year ended 31 December 2024
14. Net Incom& for the year
This is ststed after charging..
2024
2023
Depreciat'on of owned fixed assets
9,659
9,838
Independent Examinerfs fee
Pension costs
1,950
1,800
91
15. Stafl Numbers
The average monthly head¢ounl was 20 slaff12023.' 20 stsffj and the average monthly number of fvll-
lime equivalent employees (including part~lime staffi during the year as follows..
2024
2023
Numbor
Number
Average number of full-time employees in the year was
No ernployee reGeived emoluments (excluding pension costs) in excess of £60.000 per annum.
16. Trustee remuneratlon and expense3
No remuneration was paid to any individual in connection with their service5 as trustee5 except
one of the trustees, Dr Ekhator, is a director of Dr Ekhalor & Associates. During the year a sum of
£91,291 12023.. £55,980) was paid lo Dr Ekhalor & Associates for services rendered as a GP clinical
lead for AT Beacon Project.
Tolal payment made to Rev Les Isaac in his role as an employee.
2024
2023
Gross salary
Employer Pension contribution
42.950
42.500
816
25

The Ascension Trust Annual Report 2024
Notes lo the Accounts for Ihe year ended 31 December 2024
17. Tangiblo flxad assets
Land &
Buildings
Offlee
Equipment
Furniture
& fixtures
Total
At 1 January 2024
Additions
At 31 December 2024
283,476
54.005
4,609
342,089
283 476
Dep￿CIation
At l January 2024
Charge for the year
At 31 D¢cgmbor 2024
Nel book value
84,932
39.205
4,271
67
128,408
127
138068
At 31 Decemb8r 2024
At 31 Dèeèmbef 2023
18. Invgstment held as assets
Investments in subsidiaries
Carrying value of investments
Al 1 January 2024
Al 31 Decémber 2024
19. Debtors
2024
2023
Amount owed by group undertakings
Prepayments and accrued income
Other debtors
133.724
118.507
65,150
61,958
26

The Ascension Trust Annual Report 2024
Notes to the Accounts for the year ended 31 December 2024
20. Creditors.. amounts falllng due wlthln one year
2024
2023
Bank loans and overdraft
10.112
10.112
Accruals for grants payable
Trade creditors
245.638
235,463
23.081
17.225
A￿rualS
5.846
5.140
Social security and other tsxes
10,380
10.676
Other creditors
8832
21. Credltors: amount falllng duè after one year
2024
2023
Bank loans 2nd overdraft
22. Analysls of eharitable funds
88lance
Incoming ReSou￿eS
0110112024 resources
expended
Fund$
3111212024
Unrèstricted lunds
495.422
480,660
{497,9421
478.140
RestrScted funds:
OrEralion Save Jamaica
533
250
783
Operation Restoration
11,3201
10.380
110,3801
11.320)
60.'40 Melhodisl Project
Synergy Nelwork
1101
1.179
11.1261
43
1271
17,737
117.7371
1271
Jerusalem Trust
10,373
10,373
Bridge Watch
11641
70,626
170.4621
UK Vision 2030
3,515
13.5151
Other restricted funds
16.924
112.1491
4.775
AT Beacon Project
Inilrative reslricled funds
382,479
1382,4791
423 935
423 935
Total reslricled funds
Total charity funds
27

The Ascension Trust Annual Report 2024
Notes to the Accounts for the year ended 31 D@￿mber 2024
Operation Save Jarnaica is the umbrella body that c)perales Street Pastors initiatives in Jamaica under a
Master Operator Agreement with Ascension Trust.
Opgratlon Restoratlon Christian School is a school in Trench Town, Kingston, Jamaica which
Ascension Trust has partnered with lo raise funds t(ywards the school's running costs.
60-40 Idlethodtst Project is an initiative of Ascension Trust based in the London Borough of Lambelh in
partnership with the Melhodlst Church. The project has been established lo care frjr, equip and empower
young people in the borough of Lambelh.
Jerusalem Trust provided fvnding for the Synergy Network initiative of Ascension Trust which tsckles
youth violence and knife crime.
Synergy Network is the inilialives of Ascension Trust together in association with South London Church
Fund & Southwark Diocesan Board of Finance, London City Mission and Churches Together in Britain
and Ireland. The aitn is lo tackle and impact in a positive manner on the levels of violence and societal
dysfunGlion, to help vulnerable individuats and benefit society.
Bridge Watch Programme is an initiative of AS￿nSion Trust in association with City Bridge Trust.11 aims
lo provide a physical presence of teams of volunteers that patrol the areas on and around the bridges of
London and who have a brief to engage with anybody indicating intent lo enter the water.
AT Beacon Project IS afi initiative works across Larnbeth, holding health and wellbeing hubs in local
communities, Providing a￿$$ lo trusted sources on health and wellbeing. The Beacon Project across
Lambeth is funded by Lambelh Council and the Impact on Urban Health.
Othgr restrlcted funds are restricted funds from previous project8.
Initlatlves reslricled fvnds are restricted funds held on behalf of AS￿nsiOn Trust inits'alives that are under
the Gredilors in the balance sheet and prior years Testrictsd funds for AT Beacon Project funds that were
previously in the unreslricled funds but now transferred and Glassified as restricted funds.
23. Reconciliation of net movement of net cash flow from operating a¢tivities
2024
2023
Net movement in funds per SOFA
Depreciation charges
Decreasellincreasel in debtors
Increaseldecrea8el in creditors
Interest
128,964)
19,813
9.659
9,838
118.319}
110,2531
2,793
166,495
28

The Ascension Trust Annual Report 2024
Notes to the ArKounts for the year ended 31 December 2024
24. Analysis of Net Assets Between Funds
Unrestricted
Funds
Restricted
Fund3
Total
Funds
Tangible fixed assets
Investments
204.023
204,023
Current assets
580,012
438,562
1.018,574
Current liabilities
1300,3551
1300.3551
Long term liabilities
At 31 De¢èmb9r 2024
29