Launch It Trust
Registered charity 1086850 · accounts filings on the Charity Commission register · also known as LONDON YOUTH SUPPORT TRUST
The activities of the Launch It Trust continue to be the provision of business support and subsidised workspace units to start-up businesses, many of whom are also supported by The Prince's Trust.
Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £90,987, which is below the charity's stated policy target of £150,000. Total net assets rose to £379,584, supported by a net income of £134,107 for the year. The auditor confirmed that resources are adequate to continue as a going concern with no material uncertainties identified.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £91k; policy: £150,000)
“Our target is to maintain unrestricted reserves of £150k (actual as at 31st December 2024 - £90,987).”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Donations
“During the year the Charity received donations of £73,750 (2023 - £101,750) from the Trustees and charitable funds controlled by the Trustees.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Findlays Audit Limited. Discloses 4 of 6 completeness components.
Leadership, per the charity’s website
- Amber Wright — CEO (source)
- Laura Symmons — Director (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Property (HM Land Registry)
3 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/12/2024)
Reported reserves equal ~1.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (61% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- LORD HOWARD OF PENRITHchair · trustee of 1 other charity
- ABHAY VARMA
- EARL MICHAEL ST ALDWYN
- Gabrielle Boyle
- JAN PETHICK
- Joanna Rowelle
- Leone Catriona McKinley
- REBECCA BYRNE
- Rachel Stockey
- Rupert Tyer
- Sarah Kong
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England
Income and spending
Common questions
Is Launch It Trust financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £90,987, which is below the charity's stated policy target of £150,000. Total net assets rose to £379,584, supported by a net income of £134,107 for the year. The auditor confirmed that resources are adequate to continue as a going concern with no material uncertainties identified. Its FY2024 accounts were audited by Findlays Audit Limited.
Who funds Launch It Trust?
Funders whose own accounts filings name Launch It Trust as a grant recipient include PETER HARRISON FOUNDATION, THE BRITFORD BRIDGE TRUST, YOUTH BUSINESS INTERNATIONAL, THE HISCOX FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with BUSINESS LAUNCHPAD.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.