Company Registration Number 06751712 Charity Reglstration Number 1127204 The Ascension Trust Report and Financial Statements 31 December 2025 ASCENSION TRUST
Thè A8censlon Trust Report and accounts for the year ended 31 Dember 2025 Contents Page Charity Information Trusteos, Annual Report Statement of directors, responsibilitie$ Independent Examiner's Report Funds Statements: statement of Financial Activities Statement of Finanth81 Activities- Prior Year Balance sheet Cash Flow Statement Notes to the accounts 12 14 15 16 17 19
The Ascension Trust Annual Report 2025 Reference and Administrative Details Company Registration Number 06751712 Charily Registration Number 1127204 Trustees: Mrs B l Ojo (Chair- appointed effectivè 1 March 2026} Mr S Aiyere (resigned effective 20 May 20261 Rev A M Bacon Miss VV Cameron Mrs C Calo Dr C C Ekhalor Ms J Hedman Rev L W Isaa¢ OBE (Presidenti Mr O Ladega Mr T A Malhi83-Nwaulune (Vice Chair- appointed effective 1 March 20261 Mr J O N Ogunji Ire8igned effective 24 February 20261 MrA F Salmon Father N J Quanrud (appointed effective 21 May 20261 Miss Stella Nneka OyEa Ezeogu lappoinled effective 4 August 20261 Secretary.. Mrs L Sinclair {appointed effeclThie 1 January 20261 Chlef Executive Offer Mr S Aiyere {appointed effective 1 March 2026) Registered Office: Alpha HoLJSe, Alpha Place, 58 Garth Road, Morden, Surrey SM4 4TQ Independent Examlner: Fred Lamptey & Co, Chartered Certified Accountanls, 26 Felslead Way, Luton, LU2 7LH
The ASnSIon Trust Annual Report 2025 Trustees, Report The trustees. who are d1ctorS for the purposes of company law, present the annual report together wrth the financial slalements and Indepèndent Examinerfs report of The Ascension Trust Ihereinafter called "AT'} for the year ended 31 December 2025. This Report and the Accounts have be9n prepared lo comply with the SORP FRS 102. Structure, govemance and management AT is a charitable company lim((ed by guarantee, governed by ils Memorandum and Articles of Asso¢L*ion adopted on the 8 October 2008. It has no share capital and the liabilty of each member in the event of winding-up is limrted lo £10. Prior to this, AT was a charrtable trust bul converted to a Charitable Company limrted by guarantee due lo the rapid expansion of the Trust. Rgcruilment and appointment of trustees AT 15 run by a board of directors which ¢omprise$ 11 directors (Trusleesl. The Trustees are both Trustees of the Charity and Directors of the Company. Wherè there is a need for new Trustees, these would be identrfied and appoint by the current Trustees. Organisatlonal Structu Al Pfesent, the 11 Trustees come from a vartety of professional b8¢kgrounds. each relevant to the activities of the charity. The Board of Trustees meets at least four times a year, re¢eivinu reports from the Chief Executive offer ICEOI about the actThirties of the ¢harty through ils various projects set out below. The day-to-day management of the organisalion is shouldered by a staff team, headed by the CEO. Such day-t¢>day managernent is supervised by the CEO and a Management Team IMTI that includes the Director of Devekjpment, the Legal & Policy Offi'cer, the Finance Manager, and the Operations Manager. The MT receives regular reports lat least mnthty) from the Finance Manager and serious consideration Is given lo the stste of the charity's financ8s with appropriate reports being made to the Board ol Directors for decisions to be made for the continuing financial viability of the Gharity. The remuner8tion of the paid MT members Is revwed annually by the Board of Trustèés who takès into consideration the19vel of pay accorded lo people in similar positions w¢lhin the Third Sector. The charity wholly owns its subsidiary trading company, Ascension Commerc1 Limited, of which the PSIdent is also a director and to whose meetings the CEO regularly attends. The principal business of the trading subsidiary is the supply of uniforms lo Street Pastors, School and College Pastors, Rail Pastors, Response Pastors, Bridge Watch volunteers, together with merchandise that promotes the work of the charity through rts various inilialives
The Ascension Trust Annual Report 2025 Inductlon and training of trustees The Chair of Trustees is responsible for the induction of any new Trijslee. New trustees receive a Copy of the charity's governing document and the previous yearfs annual report and a copy of the Charity Commission leaflet, The Essential Trustee.. Vvhat you need lo know, what you need lo do.. Public benefit AT has a number of schemes in cperalion which actively serve the public, namely Street Pastors, Prayer Pastors, Response Pastors. School and College Pastors, Rail Pastors, the 60140 YoLrth Project, the Synergy Network, Overseas Mission and the Oyibi Project. the AT Beacon Proiecl, and Bridge Watch. More detai18 are provided below. The Iruslees confirm that they have complied wth the requirements of Section 4 of the Charities Act 2011 and have due regard lo the public benefrt guidanc@ published by the Chanly Commission for England and Wales. Objectives and activities The principal objective of AT is the enrichment and advan¢emenl of the community through social action, outreach, training and mission work. Each year the Iruslees review the obieclives and aclThiities lo ensure that they continue lo reflect our aims. During this review. the trustees Consider the Charity Commission's guidance on public benefit. The aims of AT as set out in the charity's Memorandum of Assc£iation are summarised as folfows_' {al To advan the Christian faith. {bl To relieve sickness and financjal hardship. Icl To promote and preserve good physiGal, mental and emotional health. This is achieved in the following ways.. For the benefrt of the public, transfomiing the direction of not only somebody's night but somebody's life. Offering human contad which reduc8s social isolation and provides connection within communlcies. Strengthening and preserving good physical, mentsl and emotional health of communities.
The Ascension Trust Annual Report 2025 By the use ol vdunleers. infiuencing and giving power lo individuals over own lives and ommunrf(ies. Building strong resilient cc¥nmunilies. Building positNe relationships with the police, local authorities and those who wish lo partner with the Trust's initiatives to (u the challenges which is faced by all communities. AT has demonstrated its power and ability to mobilise communrties and build posi(ive relationships wfth ils partners, particularly the Poli, local authorities and churches that together we call "The Urban Trinty" As set out below (Achievements and Performance), the charty aims lo ensure and increase the safety of communities in the night-time economy, safety in schools and colleges,. to prevent suicides al train slalions and on central London bridges,. to support and counsel those Iraumatised by national Irag events., engaging young people in positive community activities rather than gang-relaled violence and drawing out the enomous potential that young people have to impact their peers and the wider communty for good," improving health outcomes for wellness and resilience in communitios facing challenges, disadvantage and in need of support,. building sOldarl1Y and co0ratIOn between charities, community agencies, the police and local authofrties in addressing all the above issues. More details are gThien in the Achievements and Performan section below. Volunteers Volunteers perform a key tssk on behaw of AT. They are therefore central to meeting the aims and objectives of AT. It would be impossible lo deliver our mission without them. Al present, there are trained volunteers in England and Waies working for local charities operating under the AT umbrel the initiatives of Street Pastors, School and College Pastors, Rail Pastors, Response Pastors and Bridge W8lch. AT aims to sustain and Increase ils volunteer base. AT aims, through its social action initiatives, lo train individuals for relevant and informed Interaction at local, national and international levels.
The ASnSIon Trust Annual Report 2025 Achievements and performance Trainlng AT through ils social action initiatives aims lo train individuals for relevant and infomed interaction al local, nation81 and international levels. stet Pastors volunteers were added lo the F)oDI of Street Pastors serving the UK during 2025. The individuals being trained were able lo attend and complete their training through the Ascension Trust's online training. Online training was laun¢hed in October 2020 with the hope of delivering training lo all for Street Pastors, School, leadership courses, equality courses and othei bespoke training courses lo both our Pastor initiatives and lo the public in general. New School Pastors trained online alongside Street Pastors in mental heah, youth cuf(ure. safeguarding, drugs and alcohol awareness, listening skills and prayer in 2025. In-person training events look place across the networks in the areas of Street Pastors Rol$s & Responsibilities, Refresher courses and School and College Pastors Roles & Responsibilities and refresher. From March - June 2025 Aseension Trust partnered with Urban Expression lo deliver the Black Light online interactive course across eight sessions taking participants on a joumey through the biblical thread of race, justice diversty, ielalionship and God's promise of storation. Projects Street Pastors Street Pastors Street Pastors are trained volunteers who typically patrol the streets between the hours of 1 Opm and 4am, bul local areas can vary their patrol limes according lo local needs, with some areas patrolling during the day or early evening. Street Pastors in some areas of the Gountry patrol markets, including farmerfs markets, and were present at events such as the Isle of Wight Festival. Al present there are local Street Pastor Inltlatives across the country wrth more inlernationalty. (Website". www.slree aslors.or Response Pastors Response Pastors deSiver help to those who are impacted by major disasters at events such as lerrorisl attacks. crashes and other incidents. They were last deployed in August 2024 following the Southport attacks. Training for new and existing Response Pastors was delivered in South Wales to
The Asi%nsion Trust Annual Report 2025 expand the number of volunteers coming from Wales. htt s.'1kn.asnSi0nlruSl.0r astorsl. .uklres onse- School and College Pastors School Pastors meet Students al the sch¢X)I gale, al the bus slop andlor go into sch¢)ols offering friendship. safety and care. and are adY lo help staff providing addrtional pastoral support in the school environment and in encouraging young peop who are hurting and vulnerable. S¢hool Pastors also patrol local town ¢enlres and transport hubs where students congregate outside of school hours. There are a growing number of School Pastor initialwes in the UK and intemationally. (Website". www.school aslors.or Rail Pastors Rail Pastors help to patrol at train slalion platforms and on trains and like Street Pastors they offer a caring, listening and helping presence, thereby reducing risk rraintsining the safely and wellbeing of rail Iravellers on rail networks During the course of the year local teams reported interventions where individuals had been intending to take their lives on raithy tracks. bul the teams, Interventions wwe able lo help a number of individuals to slep ba¢k from the edge and prevent this from taking place. htl s'.Ilwww.ascensiontrusl.or .kJklrail astor 60140 Youth Project Working in continued partnèrship with the Lambeth Methodist Circuit, and Young Life Inlernalional, this project equips youn9 paople aged 12-18~years-old in the Borough of Lambelh to realise their full potential and develop as responsible members of their community. A full-lime youth worker is employed lo work alongside two part time volunteer workers wrthin the church and wider communty lo equip and empower young people to play their part htt ..lkn.ascensionlrust.o in community life. uk16040- outh- ecVmeet-Ihe-t ml. The Synergy Network AT leads this network bringing together organisalions and individuals lo work collaboratively lo 8dére5s serious youth violence. currènt working in London, relationship is koy as w8 arg stronger together. The Synergy NettNork brings all voices to the tsble lo unite behind one cry to bring pe&e and hope back to our streets and communities. In 2025 the Synergy Ne0t* continued ils 'One Pledge, One Change, campaign which aims lo reduce or eradicate violence against young people. The Synergy Nelworf( held a Standing Together Weekend In July 2025 bringing together Churches, parachurch organisations, Charities and individuats lo join forces in tackling serious youth violence. Iwebsrte.. https'.Ilwearesynergy.org.ukll.
The Ascension Trust Annual Report 2025 The AT Beacon Proj8ct Building wellness and resilienGe in communities facing challenges, disadvantage and requiring support, The AT Beacon Project IATBPI aims to improve lives, dismantle health inequalities and disparf(ies and to reduce the impact of physical, psychological and social issues. TheATBP'. Dglivors projects and iniliatNes that ease the h8atth burdens on systems. communities and indivKluals. Promotes heaf(h, dismantles misinformation and protects wellbeing in response lo societal challenges. inequities, disadvantage and deprivation. Delwers these initiatives in partnership with key slakehoklers through mmIsSIon1ng, collaboration, partnership and enterprise. Aligned with the NHS Long Tem PL2n, the ATBP focused on meeting people where they were, offering prevention-fctused sUPPOrt, and creating Inclusive spaces. The ATBP continued lo work across Lambelh, holding health and wellbeing hubs in local communrties, co-designing and facililaling monthly community led wellbeing workshops, personalised GP-led sessions and community outreach events promoting healthier living, Pfoviding access to trusted sources on health and wellbeing. The ATBP began the year with Journey to Wellness, a transformative workshop for participants of the Fruic & Vegetable on Prescription Programme. The session explored theme5 such as "food as medicine" 'heallh is weaKh and "enjoying a beautrful life" encouraging healthier habits and greater self-agency. The workshop reinforced the value of safe spaces where communty members could learn, reflect, and grow together. Participants also received training lo become peer wellbeing coaches, enabling them lo lead grassroots health initiative5 across Lambeth. During the year the ATBP supported individuals lo make healthy choices, provided mental health and peer support. and facililaled education and webinars for churches, faith groups and local communities. The ATBP continued lo work Closely with Lambeth PublK Heatth and Impact on Urban Heah. 11 continued in a joint initiative with the Alexander Rose CharrfLy on the charity's Fruit & Veg Rose Voucher Scheme providing a fruTt and vègetables on prescript10n, and in 2025 welcomad 200 residents to the Lambelh Fruit & Vegetable on Prescription ILFVP} prJraMMe, enhancing access to fresh produce and sustainable eating habits. In June 2025 the ATBP team celebrated ils first year of DLrtreach at the SW9 Leaming Centre in Slockwell which has broadened the team's setvices for residents in the Brixton and Slockwell Park area. A milestone for the ATBP during the year was the delNery of well attended targeted cancer- awareness workshops aimed at improving understanding of the m(Ist prevalent cancers affecting
The Asnsion Trust Annual Report 2025 Lambeth residents. These sessions highlighted the free screening services availabk across the borough, with a strong focus on". Breast cancer screening Women's health and gynaecological canr screening Bowel cancer screening Lung cancer scrèening As a result of ihe workshops many participants stepped forward as peer ambassadors, taking information back lo their families, faith groups, and neighbourhood networf(s, helping to remove stigma. ¢larify Misconptlon5. and build Confiden in the screening process. The year's events included five OLrtrea¢h even15 in the iconic Brixton Market, often seen as the heart of Lambeth's culture and community. The ATBP team connected with maiket traders. long-11me residents, and firsl-lime wsitors. The team delivered targeted checks made available through conversations with the team's GPS, healthcare team. and partners from Moorfields Eye Hospital. The final outreach was delivered in collaboration with Healthy Eaters, a long-term local market trader, In November 2025 the AT8P launched ils second impact report on Phase 11 of the LFVP t)ffering an in-depth evaluation of the initiative and IllLJminaling how prescribing fresh produce ean meaningful improve health outcomes, reduce inequalities. and SLJPPOrt national priorities around preventlon- focused care htt s'.11zeno.or Irecords118250448 . Iwebsrte.. www.albeacon ro l.or November 2025 was also when the ATBP held an apprecialk)n day which was an opportunity lo bring together the programme's participants, partners, volunteers. and staff in a time of reflection, celebration and recognition of the collective efforts behind the year's achievements. The event included interactive wellbeing sessions and a chance lo hear directly from participants shafing personal stories of how small ehanges had led to big shtfts in confidence, eating habits, and overall wellbeing. Bridge Watch Through the Bridge Watch initiative, AT continued ils collaboration with a number of agencies and organisalions including the Royal National Lifeboat InstilLJlion RNLI, the Port of London Authority, the City of London Police, the London Fire Brigade, the Maritime & Coastguard Agency, Thrive LDN and the Cty of London Corporation lo provide a service through volunteers who patrol the Thames bridges in London where there have been frequant suicides, with a view to seeking to prevent these happening. The first patrol took place in Dernber 2023 and by the end of 2025. 56 volunteers had been trained. In 2025 Bridge Watch volunteers Intervened on 54 occasions lo prevent the loss of life on five of London's bridges. Bridge Watch received ils initi81 funding from the Cty Bridge Trust {now known as the City Bridge Foundalionl and since the launch of the initiative funders now include the Port of London Authority. four City Business Improvement Distri¢t$ {Easlern City, Cutture Mile, Aldgale Connect and
The Ascension Trust Annual Report 2025 Cheapside}, and the Fishmongers, Company Charitable Trust. In October 2025 the work of Bridge Watch was featured in The Times, article titled, "The volunteers who intervene lo stop suicides on London's bridges" (Website.. h Overseas Mission In 2025 AT organised a missKJn to Ghana in October wth 8 team of 17 individuals which included healthcare professiona15 as well as ministers of religion and other professionals. The mission team resumed work with the Kayayei Yothh Association IKYA) based in Agbogbloshie in Accra and continued its partnership with the Apostolic Church in Acera. Mission team nEmbers worked alongside the KYA, officials from the Ghanaian National Heatth Insurance Scheme INHIS}, The Apostolic Church and workers al the Old Fadama CliniG, Dodowa Village and Madina Village providing health checks. 18,000 Kayayei women and children, alongside wider ¢ommunity members, were registered or re-regislered wtth the Ghanai8n NHIS after sponsorship by the Ascension Trust. The mission team relumed lo the Apostolic Church schools in Nima and Adabraka. The education team was led by a former executwe head teacher from the UK who with other individuals from the mission team worked alongside teaching staff al the local schods. Oyibi Project Situated in Greater Accra region, Ghana, the Oyibi Project is working with explotted young women, and AT is now partnering with the Apostolic Church in Accra in delivering this project. Principal funding sources Abthough AT generates income by way of donations from the public and churches, the principal funding source for the charity are ¢onlribulions from 115 varK)us initiatives lincluding Stre81 Pastors Inilialivesl in the form of licen fees. We would like lo thank our initiatives who, nolth8nding their continued challenging circumstances, continue lo contribute to the central funds so that AT can maintain ils services lo the Who network. The Board and its Finance Sub-committge remain vigilant in their commrtment to the work of AT, seeking lo identify new opportunities to In¢aSe revenue and to review fundraising options. We acknowledge and thank all those individuals, churches, and companies, who have supported the work of Ascension Trust in the past years through their kind donations of funds, advice and lime.
The Ascension Trust Annual Report 2025 Our specth'¢ thanks lo the following organisalion8'. Harringay United Church Christian Ltfe Fellowship The Jerusalem Trust Sl Marks Kenninglon PCC Forest Kirk New Testament Church of God Lwing Word Christian Fellowshi Christ Church Purley St Thomas, PCC, Stockton Heath Southwark Cathedral Mission Giving The Apostol Church Benefact Trust 10
The ASnSIon Trust Annual Report 2025 Financial Review The charitys financial position at the end of the year ended 31 December 2025 The financial position of the charity as at 31 December 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows.. 2025 2024 Nel income 21.718 128,9641 Unrestricted Revenue Funds available For the general purposes of the charity Restricted Revenue Funds 323,352 615068 301,581 615 121 Total Funds Reserves The Management and Trustees examined the ehar'ty's requirements for reserves in the light of the main risks lo the organisalion. It has established a policy WhebY the unrestricted funds not commrtted or invested in tangible fixed assets held by AT is nDI less than 12 months of expenditure. This will allow AT to funclK)n properly, even if Iherg is a signifieanl downturn in income in the present economic circumstanees. As al 31 Deeember 2025, ASnsion Trust had free reserves, being Unrestrict funds not designated for a specifi'¢ purpose, lolalling £323.352 12024.. £301,581). This represents about 7 months of expected unrestricted overhead expenditure. The Management and Trustees acknowledge the significant shortfall of its target level and plan lo continue to build reseNes through operating efficiency and targgted funding applications. In the short term, the Management and Tiustees have also considefed the exlenl to whh existing activities and expendf(ure could be curtailed, should such circumstan8 arise Investment policy and objectives To date there has been very little financial headroom to consider any signrficanl long-lerm investment opportunities. The Management Team and Trustees remain active in exploring ways lo improve the returns on cash reseNes. 11
The Ascension Trust Annual Report 2025 Major risks and management of those risks The CEO, along w(th the directors, routinely examines the business, reputation and operational risks when preparing strategic plans and budgets, and when considering forthcoming projects. particular, AT is aware of the risks involved in working with ils various consliluen¢ies, including.. In Associated projects around the UK Vulnerable people including young people iii. Individual Street Pastors iv. Financial procedures v. International devek)pment The Management Team reviews the financral position of the charity on a monlhty basis with the Financial Manager. The or9anisalion seeks to raise funds through various funding partners across the UK. The Finance team regularly chase local Street Pastor ini(ialives lor the payment of IenCe fees. The Board of Trustees receives financial reports at each of their meetings and will advise the CEO of strategies that need to be undertaken to address potential shortfalls in income. The Management regularly speak lo the coordinators and Chairs of the Management Teams of various inilialwes and, where netsssary and possible, meet with local initiatives to slimuLgte growth through fresh oulwofking of local charitable objectives. A careful watch is kept upon the use of unitorms by local initiatives lo ensure no undermining of AT'$ pulalion or brands. Furthermore, AT carries out Qualty Assurance Reviews with local ini(iats"ves, particularly where concerns arise in dealings between AT and a local inilialive. The Refresher courses address the key issue of safety on the streets for all our Street Pastors and Sch¢)ol and College Pastor initl81ives. Plans for future periods AT will continue to advance all projects outlined in the 'Achievemenls and Performance - Projects" section. Vvhere there is expressed demand from local churches, efForts will be made lo expand the number of Street Pastor inilialives both nationally and inlernalionally. as well as grow School and College Pastor initiatives across the UK. Particular focus will also be given to the continued development of key programmes, including the 60140 Youth Project, the Synergy Network, Bridge Watch and the AT Beacon Project. Further training of Response Pastors will be undertaken. AT will continue lo provide online training for new Street Pastors and School Pastors nationally and inlemalionally. The Board of Trustees and the Management Team will collaborate closely wf(h AT Prayer Representatives lo strengthen and expand prayer support across all ils projects. 12
The AscÈnsion Trust Annual Report 2025 Disclosure of Informatlon to Independent Examlner Each trustee has taken steps th81 they ought lo have taken as a trustee In ord8r to mak8 themselves aware of any relevant Indep8ndent examlnatlon information and to 86tablish that the ¢harity's independent examiner is aware of Ihat informatk)n. The trustees ¢ffifirm ihal there Is no r8levant informalK)n that Ih8y thow of and of which Ihey know the iependnt axamin8r 1$ unawa. Support rhank you for tsking the lime to read this POrt. We inviie you to consider supporting the work of AT. Through our various pr(4ecls, we are 8clively addre$51ng key Issues affecting soolety today, and our rnany year8 Of op8ralion stand as s t8St8ment to thÈ eff8tliveness of our approach and impact. How&v6r. there is still much to be done. and your supwrt would bè invaluable in helplng us continua lo play our part in Improving the lives of young peopl¢ and the wlder communlty. To find out mwe or to support us, please con18cI us on 020 8330 2809, emall us al nance eènsi or vk8it our website WNW.as ensiotr set UP 8 Standlng order. to rnake a donation or The annual rowrt W8s approved by th8 trustees of tha charity on * 105 12026 and 8vJned on Its behalf by.. J[al Trus 13
The ASnSIon Trust Annual Report 2025 Statement of the Directors Truste8s' Responsibilities The charity's Iruslees are responsible for the preparation of the account8 in accordance wrth the terms of the Companies Act 2006. the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. NOlIhstandIng the explicit requirement in the extant statutory regulations, the Charrties (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance wtth the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Tiuslees determined to Interpret this responsibility as requiring them lo follow current best practice and prepare the accounts according lo the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (a$ amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 20191, (The SORPI.. In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial slalemenls for each financial year which give a true and fair view of the slate of affairs of the charity as al the end of the financial year and of the surplus or deficit of the chari(y. In preparing those financial stal8mentg the Board is required lo= Prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United K#)gdom Accounting Standards and applicable lawl. Select Suitab accounting policies and appty them wnsislently. Makejudgements and estimate8 that are reasonable and prudent. Prepare the financial slalemenls on the going concem basis unless il is inappropriate lo presume that the charity will continue in business. Slate whether applicable accounting standards and statements of recommended practice had been followed, subject to any material departures disclosed and explained in the financial stalemenls. The law requires that the Iruslees musl not approve the accounts unless they 8re satisfied that they give a true and fair view of the state of affairs of the charty and of the surplus or defiut of the charity for the year. The Trustees are also responsible for maintaining adequate accounting recoids which disclose with reasonable accuracy al any lime the financial position of the charty and which are sufficient lo show and explain the charty's transactions and enable them lo ensure that the financial slalements comply with tho CompanEs Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity 14
The Ascension Trust Annual Report 2025 and hence for taking rea$81& Sleps for tha prevenllon and é¢le¢lbn of Iraud and olhèr Irreguladlie5. The Truslees are also rasptrnsibla for thè contÈnls of Ihe Tru818as' r8porL and thè s¢atutory responsiblllly of the Independent Examiner in rélatlon to Ihe Truste88' report limited to examlning the report and en5urirwJ that. th8 r8POrt L8 conslstent wllh the fur&S dlsclosed In the flnand818tatements. Method of preparatKJn of account8- sm811 company provk5k)ns The finan81 5tat8m8nis are set out on pages 17 to 31. The fin8nal statements have been prePad Implementing the FRS 102 SORP IStat8m8nt of Recommended Practleè for Aceounttng and R8POrting by Ch8riti6s12015, las 8rn8nd8d by ihe Bulletin issued in October 2018 and applicable lo all ac¢ounling periods b8ginning on or after lai January 20191, (Th& SORPI. and in aecord8nc8 wlth the Finand81 Reporting Staard 102, leffective 1st January 20161. These finandal statements have been prepared in accordan¢e with the provislons in Part 15 of the Cornpanks Act 2006 applicable to companies subject to the small ¢ompHnies' regitne. Afwrovad by th8 tru8t88s of th8 chanty orQl rfr2026 and sloned on Its behaff by.. 15
The ASnSIon Trust Annual Report 2025 Independent Examine$ Report to th8 tn15tees of The Ascenslon Trust l port to the charity trustees on my examination of the aceounts of the charity for the year trnded 31 Decembèr 2025 which are sel out on pages 17 to 31. The charity's gross income exceeded £250.000 and I am qualified to undertake the examination by being a qualified member ol the Association Chartered Certified Accountants. Respecttve responsibiliti of trustees and examiner A5 the charity's tru81ees tsf The Ascension Trust land also Ils directors for the purposes of company lawl you are iesponsible for the prèparation of the U[its in accordan¢e with the requirements 0¢ the Companies Act 20061.lhe 2006 Act'i. Hawng satisfied myself that the accounls of The As¢ension Trust are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my exarllination of your charity's accounts as car¥ied out under section 145 of the Charities Act 2011 1'th@ 2011 Acl'l. In carrying out rny examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examlner'¥ statÈment I have completed my examination I confim that no matters have come lo my attention In connection with the 0xaminaOn giving me cause lo believe.. 1. accounting records were not kept in respect of The Ascension Trust 8$ required by se¢tton 386 of the 2008 Act," or 2. the accounts do not acx>)rd with those records., or 3. the accounts do not comply with the a¢¢ounting requirements ol section 396 of the 20( Act other than any requirement that the accounts give a'lrue and fair view, which is not a matter considered as part of an independent examination." or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and rèporting by charities lapplicable lo charitle5 preparing their accounts in accordance with the Financial Reporting Standard applicate in the UK and Republic of Iland IFRS 10211 I have no o)ncerns and ha ¢ome across no other matters in connection with the examination to whSch attention should be drawn in this pOrt in order to anable a proper understsnding of the aCCnIS to be reached. Fred Lamptey Fred Lampley & Co Chartered Certified Accountant and Independent Examinei 28 Felstead Way Lulon, LU2 7LH Dale.. 16
The Ascension Trust ststement of Financial Acfjvltles (including the income and expenditurg account) for the year ended 31 December 2025 Unrasirlct Funds R88trlct•d Ftsnd5 Total Funds Total Funds 202S 2025 202S 2024 Ineomo & EndowTnents from.. Donations & Lèg8¢$ ChaFitsble tIve$ Other trading acts.vits Investments Other 111,724 387,347 12,833 10.360 449,799 561,523 387,347 12.833 10.360 s62,)8 348,989 34.453 10,980 Expendlture on.. Raising funds Charitable activibes Total expenditu 12 10 449 852 22LL90 995 790 510993 Net incom• Yor the y•ar Nol movement In funds 53 21,771 1531 21.718 128.9641 Reconcili8th"on of fvnds Totsl funds brought forward Total funds carried forward The notes attached on pagos 22 to 31 form an lrtegral part of these accounts. 17
The Ascension Trust Statement of Financlal Activities lincluding the income and expenditure account) for the yr endod 31 Dec9mber 2025 Analysis of prioryear No¢95 Unre5tr1cted Fund6 Restrtcted Funds 2024 Totsl Fund 2024 2024 In¢om• & Endowmonts fr.. Donats'ons & Legaaes Charitsble activrties Other trading ac1vit8 Investmènts Other 76,742 348,989 34,453 10,980 486,168 561908 348.989 34,463 10,980 486 166 966 826 Expgndltur• on.. Raising funds Charitable activities Total expenditure 12 497 942 97 942 Net 4ncorne for th¥ year Not movemgnt In funds 117.2821 111,6821 128,9641 RecolliatiOTh of funds Totsl funds brought forward 18
The AsnSIOn Trust Balance Sheet as at 31 December 2025 Notès 2025 Fixed assets Tangible assets Investments held as fixed assets Totsi fixed assets 2024 17 196,283 204,023 18 196,284 204,024 Current as¥ets Debtors Cash al bank and in hand Totsl current assets 19 173.689 2(,829 109907 1.272,762 812 745 1,018,574 Creditors.. amounts falling due wlthin ong year 20 300 355 Net current assets 742 136 938,420 718219 922,243 Net assets Creditors". amounts falling due after more than one year The total net assets of the charity 21 The total net assets of the charity are funded by the funds of the charity, as follows.. Restricted funds Restricted Revenue Funds 22 615.068 615,121 Unrestrlcted Funds Unre5tricled Revenue Funds Total charlty funds 22 323 352 3D1 581 The directors are satisfied that the company is entitled lo exemption from the requirement to obtain an audit under sèction 477 of the Companies Act 20C6. The members have not required the company lo obtain an audit in accordance wi(h section 476 of the Act. The directors acknowledge their responsibililEs for complying with the requirements of the Companies Act 2006 with respect lo accounting records and the preparation of a¢nts. The financial statements have been prepared in accordan with the provisions in Part 15 of 19
tha Compantes Act 2(M)6. appJlegbl6 lo companies subl8d to the small ¢ompanies' règlmé. The nol6s 8ttached on pages 22 to 31 form èn integr81 oflhe58 accounts. JL Trus neH Trust8e Apwoved by board oftrustees on(*b&12026 20
The Ascension Trust Cash Flow Statement for the year ended 31 December 2025 2025 2024 Cash flows for opgrating activitios Net cash provided by operating activities Cash flows from investing activÈtles Interest received Purchase of propety, plant and equipment Net ¢ash provided by investing activities Cash inflows from new borrowings Ov8rall cash providad by all a¢tivities 288 384 10,360 10,980 296.702 134,8311 286 328 Cash movements Change in cash and cash equivalents from activf(ie$ in the year ended 31 December 2025 286,328 {34,8311 Cash and cash equivalent 1 January 2024 Cash at bank and In hand less overdraft as at 31112125 Analysis of cash and cash equlvalents 812745 847 57 2025 2024 Cash in hand for the year ended 31 December 2025 Total cash and ¢ash èquivalents 1099 073 812 745 21
The ASnSIon Trust Annual Report 2025 Noles to the Accounts for the year ended 31 December 2025 AcGountlng Pollcles 1.1 Basis of Prgparatlon The accounts have been prepared on the accruals basis. under the historical eosl convention, and in accordance wf(h the Financial Reporting Standard 102, 'FRS 102 SORP Islatemenl of Recommended Practice for Accounting and Reporting by Charities) 2019. 1.2 Going cOnrn The Trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubl on the ability of the charty to continue as a going concern. 1.3 Income recognition Income, whether from exchange or nonoxchange transactions, is recognised in the statement of financial actwities ISOFAI on a re1vable basis. when a trans8clion 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 entillemenl, the income is probable and can be rneasured reliab. Income subject lo terms and conditions which musl be met before the charity is entitled to the resources is not recognised until the condf(ions have been mel. All income is accounted for gross, before deducting any rekled fS or costs. 1.4 Deferred income Where terms and conditions relating to income have not been mel or uncertainty exists as lo whether the ¢harily can meet any tems or conditions otherwise wthin its control, income is not recognised bul is delerred as a liabilty until il is probable that the lem?s or conditiorts imposed can be mel. 1.5 Fund accounting Unrestricted funds are available for use at the discretion of the trustees in furtheran of the general objectives of the char(ty. Restricted funds are donations which donors have specified are solety used lor particular areas of the charity work or for specific projects being undertaken by the charty. 1.6 Recognition of liabilities and expenditure A liability, and the relat8d expenditure, ig recognised when a legal or construclwe obligation exists 89 resutt of a past event, and when il is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. All liabilities are measured al fair value. 17 Allocating costs to activities Direct costs that are specrfically related lo an aclivrty are allocated to that activity. Shared direct costs and support costs are apportioned between aclivilies. The basis for apportionment, whKh is consistently applied, and proportionate to the circumstances, is'.- Staffing - on a per capila basis, based on the number of people employed within any particular activrty. Premises related and non-specrfic supp)rt costs on the basis of a certain percentage based on the estimation of time spent in the office and work carried out during the year. 1.8 Volunteers In accordance with the SORP. and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the Conlribubon of volunteers is not included within the income of the charity. 1.9 Tangible fixed assets Tangible fixed a589ts are measured at their original cost value, or subsequent rèvaluation, or if donatecj, As described above. Cost value includes all costs expended in bringing the asset into its intended working condition. 22
The Ascension Trust Annual Report 2025 Notes to the Accounts for the yeai ended 31 December 2025 Freehold premises Offi¢e Equipment Furniture & Fixtures 20h slraighl line 15'h straight line 200h reducing balance 1.10Cashalbank Cash held by the charity is included in the amount actually held and Counted al the year end. Bank balan$, whether in credit or overdrawn, are shown at amounts properly reconciled to the bsnk stslements. 1.11 Debtors Debtors are measured al their recoverable amounts at the balance sheet date. 1.12 Pensions defined contribution schemes The Charity operates a defined Gonlribulion pension scheme. Contributions are charged to the profit and toss account as they become payab in accordance with the rUS of the seheme. 1.13. Creditors Trade creditors are recognised initially at the transaction price and subsequenlty measured at arTh)rtised cost using effeclNie interest method. 2. Legal statu$ of tha charity The charity 1$ a company limtied by guarantee and has no share capital. The liability of 8ach member in the event of winding-up is limited lo £10. 3. Incomg trom donatlons and legacles unstrICted Reslriclgd Total 2025 Total 2024 Public donations 39,157 25,710 64,867 47,403 LegaGies 20,635 20,635 180 Grants.. Govt & public bthjies Private sectors donations 324,626 324,626 382,479 18,469 99,463 117.932 100.720 Mission income 22,219 22,219 23,973 Gift Aid RNable I24 4. Income from charitsble activltles- Trading activities Unrestricted Restricted Total 2025 Total 2024 Licence fee 244,120 244,120 218,568 Training income Other trading income 32,112 32,112 34,178 111 115 111 115 23
The Ascension Trust Annual Report 2025 Notes to the Accounts for the year ended 31 Dember 2025 S. Income from other non.charitable actlvitiès urestrled Reslricled Total 2025 Total 2024 Income from various events 22,374 Income from letting from charit8ble Purpose 12 6. Investment Income Unrestricted Restricted Totsl 2025 Total 2024 Bank inlelesl 7. Other Income UnreStrted Reslricled Total 2025 Total 2024 Employment Allowante Statutory Pay Received 10,500 10.500 1.955 8. Expenditure on charitable a¢tivitles- Dlrect spendlng Unreslricled Reslricled Totsl 2025 Total 2024 Bridge Watch AT Beacon Project Operation Resloralion 9,914 9.914 24,300 49,710 49.710 114,604 11,977 11.977 10,380 Synergy NeOrk Operation Save Jamaica 3,849 3.849 1,928 12,952 12,952 60.'40 Youth Projecl Southeaslem Rail Pastors 1,930 1,930 1,126 4,524 4,$24 Bamel Rail Pa81ors 11.245 11.245 Marriage Course 369 369 24
The Ascension Trust Annual Report 2025 Notes to the Accounts for the year ended 31 December 2025 9. Expenditure on ¢harltable activities - Charitable trading Unreslrieted Restricted Total Total 2025 2024 Training expendrtur& Annual events cost 10.449 10.449 11.843 12,037 12,037 900 Gross wages and salaries Employers, Ni Defined conlributw pension costs UK Vision 2030 234,362 234.362 228,362 25.477 25.477 18,030 3.923 3,923 3,427 791 791 3,515 AT Projects Expenses Mission 89.772 89.772 63,061 16 10. Support costs for charitable activtties unreStrted Restricted Totsl 2025 Total 2024 Employees, cost$ not included in direct costs.. S31aiies- Administrative staff 190,291 190,291 235,413 Defined contribution pension Costs Employers, Nl Volunteers cost 4,065 4.065 5,448 23,822 23,822 20,618 333 333 911 Premises expenses Administrative overheads 22,404 22,404 27,206 52,636 52,636 47,891 Legal & Professional fee 753 753 1,508 Bad Debt VVrilerf)ff 20,847 20.847 Bank charges Depreciation Bank inter&st payablo 3,699 3.699 3,468 9,781 9.781 9,659 27 27 25
The Ascension Trust Annual Report 2025 Notes to the Accounts for the year ended 31 Detsmber 2025 11. Othgr Expgndlturè- Govomance costs Unrestricted Restricted Total 2025 Total 2024 Independent Examiner's feg Charity Admin cost Benefits paid lo trustees Trustees expenses 2,115 2.115 1,950 49,564 49,564 48,722 79,198 79.198 91,291 12. Total ExpendTrtur• 2025 2024 Direct charitable cost 369 1C6,101 106,470 152.338 Trading cost 128,682 264,553 393.235 348,834 Support cost Governance cost 328,906 328.)6 352,855 132 234 141 963 13. Net Income forthe year This is staled after charging.. 2025 2024 Depreclation of owned fixed assets Independ8nl Examiner's fee 9,782 9,659 2,116 1,950 Pension costs 26
The Ascension Trust Annual Report 2025 Notes to the Accounts for the year ended 31 Docember 2025 15. Stsff Numbers The average monthly headcounl was 20 slaff12024.. 20 staffj and the average monthly number of full- time equivalent employees lincluding part-lime slaffl during the year as follows" 2025 2024 Number Number Average number of full-lime employees in the year was No employee 1Ved emoluments (excluding pension cos181 in excess of £60,000 per annum. 16. Trustee remuneration and expenses No remuneration was paid to any individual in connection with their services as trustees except one of the Iruslees. Dr Ekhator, is a director of Dr Ekhalor & Associates. During the year a sum of £79,19812024.' £91,291) was paid to Dr Ekhalor & Associates for selee$ rendered as a GP clinieal lead for AT Beacon Project. Total payment made to Rev Les Isaac in his role as an employee. 2025 2024 Gr¢)ss salary Employer Pension contributn 43,700 190 42,950 1101 17. Tanglble tixed asBets Land & Bulldings Offlco Equlwent Fumitur8 & flxtur•s Totsl At 1 January 2025 Additions At 31 D•eèmber 2026 283,476 54,005 4.609 342.090 283 476 Depreciation Al 1 January 2025 Charge for the year At 31 D¢¢grnb8r 2025 N•t book valu• 90,601 43,127 4,339 41 138,678 47,198 At 31 Doeambgr 2026 At 31 Dècember 2024 27
The Ascension Trust Annual Report 2025 Notes lo the Accounls for the year ended 31 Dember 2025 18. Investment held a5 assets Carrying value of investments Al 1 January 2025 Investments in subsidiaries At 31 December 2025 19. Debtors 2025 2024 Amount owed by group undertakings Prepayments and accwed income Other debtors 106,979 133,724 61.146 65,150 20. Creditors- amounts falling due withln one year 2025 2024 Bank loans and overdraft 5,279 10,112 Accruals for grants payable Trade cred(tors 494,517 245.638 16,812 23,081 Accruals 7.072 5,846 Social se¢urtty and other taxes Other credftors 3,693 10,380 21. Creditors: amount falling due after one year 2025 2024 Bank loans and overdraft 28
The Ascension Trust Annual Report 2025 Notes to the AcGounts for the year ended 31 December 2025 22. Analysls of charitable funds Openlng Funds Closing Funds Movement 0110112025 3111212025 Unrestricted funds 301,581 21,771 323,352 Restrfcted Fund5 Operation Save JaMaa Operation Restoration 60.'40 Methodist Project Synergy Network Jerusalem Trust BrKfge Watch AT Beacon Project UK Vision 2030 Barnet RAP 1,023 1,023 {101 11,607 10.936 10,373 102,914 448,030 741 1101 1431 11.650 10.936 10,373 102,914 448,030 741 456 Soulheaslem RAP Other restricted funds Total Restricted fvnds Total charty funds 8,309 8,309 20689 Operatlon Save Jamaica is the umbrella body that operates Street Pastors iniliativ6s in Jamaica under a Master Operator Agreement with Ascension Trust. Operation Restoratlon Christian School is a schcx)l in Trench Town, Kingston, Jamarca which Ascension Trust has partnered with lo raise funds towards the school's running Costs. 60.40 Mgthodi$t Project is an initiative of Ascension Trust based in the London Borough of Lambeth in partnership wrth the Methodist Church. The project has been established lo care for. equip and empower young peopk in the borough of Lambeth. Jorusalem Trust provided funding for the Synergy NeOrk Initiative of Ascension Trust which laekles youth viobnce 8nd knrfe crime_ Syneryy Network is the inftiaiNes of Ascension Trust logother in association with South London Church Fund & Southwark Diocesan Board of Finance. London City Mission and Churches Together in Britain and lfftland. The aim is to ta¢kle and impact in a posltive manner on the 18vels ol violence and societal dysfunction, to help vulnerable indThiiduals and benefll society. Bridge Watch Programme is an iniliatNe of Ascension Trust in association with Cty Bridge Trust. It aims to provide a physical presen of teams of volunteers that patrol the areas on and around the bridges of London and who have a brief lo engage with anybody showing sign of distress OT indaling an intent lo enter the water. 29
The Ascension Trust Annual Report 2025 Notes to the Accounts for the year ended 31 DemLET 2025 AT Beacon Projecl is an initiative operating across Lambelh, holding health and wallbeing hubs in local communities, providing &ccess lo trusted sour$ on he0h and wellbeing. The Beacon Project across Lambelh is funded by Lambeth Council and the Impact on Urban Health. Southeastern (Kent) Rail Pastors (Kent RAPI is an initiative of AsnsIon Trust started in April 2025 and officially launched in August 2025 in partnership with Southeaslem Rail Network providing caring, listening and helping presence on Kent train slalions and trains. The inf(ialwe aims lo reduce risk and promote the safely and wellbeing of rail users across the network. Other restrleted funds are restricted funds from previous projects. Initiatives restricted funds are reslrrted funds held on behalf of Ascension Trust inf(iatives that are under the creditors in the balance sheet and prior years restricted funds adjustment analys8d lo show the closing restricted funds for inilialives. 23. Reconciliation of net movement of net cash flow from operatlng aetivitles 2025 2024 Nel movement in funds per SOFA Depreciakn"on charges Decrgasellincreasel debtors Inereaseldecreasel in creditors Interest 21,718 128,Wl 9,659 9,782 32,140 118,3191 235,105 2,793 30
The Ascension Trust Annual Report 2025 Notes to the Accounts for the year ended 31 Dember 2025 24. Anatysls of Net Assets Between Funds Unrastricted Funds Restricted Funds Totsl Funds Tangible fixed assets Inveslmenl$ 196,283 196,283 Current assets 657,694 615,068 1,272,762 Current liabilities 1530,6261 1530,6261 Long term liabilf(ies At 31 Decemb*r 2025 31