Launchpad Social Enterprise
Financial health, per its FY2024 accounts
The accounts state that the group generated a surplus of £375,455 for the year ended 31 August 2024, with total income rising to £4,936,285. Per the trustees' report, unrestricted reserves increased to £747,426, although the charity notes it does not yet have a formal reserves policy and currently holds less than one month of budgeted expenses in free reserves.
What the accounts disclose
“The Charity does not currently have a formal reserves policy in place but is working towards this with the aim of holding free reserves equivalent of three months expenditure” — page 6
“In 2024, Paint Pots donated £121,889 (2023: £200,000) via Gift Aid to the parent charity LSE, thereby partly reducing its liability for corporation tax.” — page 6
“The consolidated statement of financial activities (SOFA), group balance sheet and consolidated statement of cash flows consolidate the financial statements of the Charity and its wholly owned subsidiary, Paint Pots Pre-School & Nursery Ltd.” — page 18
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (19/08/2024)
- Received assets from another charity (10/12/2020)
Trustees
- The Right Reverend Philip Ian Mounstephenchair
- Colin John Hamilton Harbidge
- Jane Elizabeth Dyke
- Rev Philip Lewis Krinks
- Rev Theresa Lesley Parker
- Thomas Adam Ward
- WDBF
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £5.6m | £5.3m |
| 31/08/2024 | £4.9m | £4.6m |
| 31/08/2023 | £3.9m | £3.9m |
| 31/08/2022 | £2.3m | £2.0m |
| 31/12/2021 | £302k | £289k |
Common questions
Is Launchpad Social Enterprise financially healthy?
The accounts state that the group generated a surplus of £375,455 for the year ended 31 August 2024, with total income rising to £4,936,285. Per the trustees' report, unrestricted reserves increased to £747,426, although the charity notes it does not yet have a formal reserves policy and currently holds less than one month of budgeted expenses in free reserves. Its FY2024 accounts were audited by HaysMac LLP.
Who funds Launchpad Social Enterprise?
Funders whose own accounts filings name Launchpad Social Enterprise as a grant recipient include WINCHESTER DIOCESAN BOARD OF FINANCE.
Known funders
| Funder | Year | Amount |
|---|---|---|
| WINCHESTER DIOCESAN BOARD OF FINANCE | FY2023 | £25k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Founders Pledge Ltd | 1 | £6.5m |
| EFFECTIVE VENTURES FOUNDATION | 1 | £1.0m |
| STARLOW CHARITIES LIMITED | 1 | £106k |
| LONDON CATALYST | 1 | £2k |