Launch It Trust — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 31 May 2001
Removed: Not supplied
Company number supplied: 04133046
Financial period: 1 January 2025 – 31 December 2025
Latest income: £707,325
Latest expenditure: £884,680
Gift Aid: Yes
Owns or uses land: No
In administration: No
Insolvent: No
CIO: No

Public contact address: Launch It Trust, Unit 2, Angel Yard, 34 Snells Park, LONDON, N18 2FD

Website recorded by the regulator: www.launchit.org.uk (displayed as text)

02 Activities

What the charity does

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.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 January 2025
Fin Period End Date: 31 December 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 October 2026
Date Annual Return Received: 19 October 2026
Date Accounts Received: 19 October 2026
Total Gross Income: £707,325
Total Gross Expenditure: £884,680

Fin Period Start Date: 1 January 2024
Fin Period End Date: 31 December 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 October 2025
Date Annual Return Received: 8 October 2025
Date Accounts Received: 8 October 2025
Total Gross Income: £1,016,017
Total Gross Expenditure: £881,910

Fin Period Start Date: 1 January 2023
Fin Period End Date: 31 December 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 October 2024
Date Annual Return Received: 23 September 2024
Date Accounts Received: 23 September 2024
Total Gross Income: £760,304
Total Gross Expenditure: £778,287

Fin Period Start Date: 1 January 2022
Fin Period End Date: 31 December 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 October 2023
Date Annual Return Received: 26 September 2023
Date Accounts Received: 26 September 2023
Total Gross Income: £1,440,960
Total Gross Expenditure: £1,334,809

Fin Period Start Date: 1 January 2021
Fin Period End Date: 31 December 2021
Ar Cycle Reference: AR21
Reporting Due Date: 31 October 2022
Date Annual Return Received: 31 October 2022
Date Accounts Received: 31 October 2022
Total Gross Income: £748,688
Total Gross Expenditure: £656,852

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 January 2025
Fin Period End Date: 31 December 2025
Ar Due Date: 31 October 2026
Ar Received Date: 19 October 2026
Total Gross Income: £707,325
Total Gross Expenditure: £884,680
Grant Making Is Main Activity: No
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Volunteers: 30

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 January 2024
Fin Period End Date: 31 December 2024
Ar Due Date: 31 October 2025
Ar Received Date: 8 October 2025
Total Gross Income: £1,016,017
Total Gross Expenditure: £881,910
Grant Making Is Main Activity: No
Count Govt Contracts: 0
Count Govt Grants: £1
Income From Government Grants: £85,000
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: Yes
Count Salary Band 60001 70000: 1
Count Volunteers: 42

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 January 2023
Fin Period End Date: 31 December 2023
Ar Due Date: 31 October 2024
Ar Received Date: 23 September 2024
Total Gross Income: £760,304
Total Gross Expenditure: £778,287
Grant Making Is Main Activity: No
Count Govt Contracts: 0
Count Govt Grants: £1
Income From Government Grants: £143,038
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 25

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 January 2022
Fin Period End Date: 31 December 2022
Ar Due Date: 31 October 2023
Ar Received Date: 26 September 2023
Total Gross Income: £1,440,960
Total Gross Expenditure: £1,334,809
Charity Raises Funds From Public: No
Grant Making Is Main Activity: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: Yes
Count Govt Grants: £1
Income From Government Grants: £826,320
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 23

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 January 2021
Fin Period End Date: 31 December 2021
Ar Due Date: 31 October 2022
Ar Received Date: 31 October 2022
Total Gross Income: £748,688
Total Gross Expenditure: £656,852
Charity Raises Funds From Public: No
Grant Making Is Main Activity: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: Yes
Count Govt Grants: £1
Income From Government Grants: £56,396
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 22

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 January 2025
Fin Period End Date: 31 December 2025
Ar Due Date: 31 October 2026
Ar Received Date: 19 October 2026
Income Donations And Legacies: 468148
Income Other Trading Activities: 0
Income Charitable Activities: 239177
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 707325
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £884,680
Expenditure Other: 0
Expenditure Total: 884680
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 31975
Expenditure Support Costs: 30198
Expenditure Depreciation: 26176
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £884,680
Assets Total Fixed: 101013
Assets Own Use: 101013
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £261,711
Assets Total Liabilities: £160,495
Assets Current Investment: 0
Assets Total Assets And Liabilities: £202,229
Creditors One Year Total Current: 108127
Creditors Falling Due After One Year: 52368
Assets Cash: £184,904
Funds Endowment: 0
Funds Unrestricted: 50467
Funds Restricted: 151762
Funds Total: 202229
Count Employees: 8
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 January 2024
Fin Period End Date: 31 December 2024
Ar Due Date: 31 October 2025
Ar Received Date: 8 October 2025
Income Donations And Legacies: 615623
Income Other Trading Activities: 57501
Income Charitable Activities: 342893
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 1016017
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £881,910
Expenditure Other: 0
Expenditure Total: 881910
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 23100
Expenditure Support Costs: 22209
Expenditure Depreciation: 22898
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £90,987
Assets Total Fixed: 110307
Assets Own Use: 110307
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £423,060
Assets Total Liabilities: £153,783
Assets Current Investment: 0
Assets Total Assets And Liabilities: £379,584
Creditors One Year Total Current: 108427
Creditors Falling Due After One Year: 45356
Assets Cash: £366,652
Funds Endowment: 0
Funds Unrestricted: 90987
Funds Restricted: 288597
Funds Total: 379584
Count Employees: 9
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 January 2023
Fin Period End Date: 31 December 2023
Ar Due Date: 31 October 2024
Ar Received Date: 23 September 2024
Income Donations And Legacies: 571796
Income Other Trading Activities: 0
Income Charitable Activities: 188508
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 760304
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £778,287
Expenditure Other: 0
Expenditure Total: 778287
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 31801
Expenditure Support Costs: 20962
Expenditure Depreciation: 20549
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £65,242
Assets Total Fixed: 109705
Assets Own Use: 109705
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £264,321
Assets Total Liabilities: £128,549
Assets Current Investment: 0
Assets Total Assets And Liabilities: £245,477
Creditors One Year Total Current: 84807
Creditors Falling Due After One Year: 43742
Assets Cash: £150,943
Funds Endowment: 0
Funds Unrestricted: 65242
Funds Restricted: 180235
Funds Total: 245477
Count Employees: 9
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 January 2022
Fin Period End Date: 31 December 2022
Ar Due Date: 31 October 2023
Ar Received Date: 26 September 2023
Income Donations And Legacies: 1252181
Income Other Trading Activities: 0
Income Charitable Activities: 188779
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 1440960
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £1,334,809
Expenditure Other: 0
Expenditure Total: 1334809
Expenditure Investment Management: 0
Expenditure Grants Institution: 493824
Expenditure Governance: 12478
Expenditure Support Costs: 28378
Expenditure Depreciation: 99
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £157,482
Assets Total Fixed: 250
Assets Own Use: 250
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £768,322
Assets Total Liabilities: £505,112
Assets Current Investment: 0
Assets Total Assets And Liabilities: £263,460
Creditors One Year Total Current: 472666
Creditors Falling Due After One Year: 32446
Assets Cash: £553,388
Funds Endowment: 0
Funds Unrestricted: 157482
Funds Restricted: 105978
Funds Total: 263460
Count Employees: 10
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 January 2021
Fin Period End Date: 31 December 2021
Ar Due Date: 31 October 2022
Ar Received Date: 31 October 2022
Income Donations And Legacies: 554924
Income Other Trading Activities: 0
Income Charitable Activities: 193764
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 748688
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £64,294
Expenditure Charitable Expenditure: £592,558
Expenditure Other: 0
Expenditure Total: 656852
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 10008
Expenditure Support Costs: 18523
Expenditure Depreciation: 3062
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £0
Assets Total Fixed: 349
Assets Own Use: 349
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £390,137
Assets Total Liabilities: £233,177
Assets Current Investment: 0
Assets Total Assets And Liabilities: £157,309
Creditors One Year Total Current: 198351
Creditors Falling Due After One Year: 34826
Assets Cash: £248,437
Funds Endowment: 0
Funds Unrestricted: -15791
Funds Restricted: 173100
Funds Total: 157309
Count Employees: 5
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Region
Geographic Area Description: Throughout England
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 307
Classification Type: How
Classification Description: Provides Advocacy/advice/information

Classification Code: 101
Classification Type: What
Classification Description: General Charitable Purposes

Classification Code: 304
Classification Type: How
Classification Description: Provides Human Resources

Classification Code: 306
Classification Type: How
Classification Description: Provides Services

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 201
Classification Type: Who
Classification Description: Children/young People

Classification Code: 301
Classification Type: How
Classification Description: Makes Grants To Individuals

Classification Code: 105
Classification Type: What
Classification Description: The Prevention Or Relief Of Poverty

Classification Code: 305
Classification Type: How
Classification Description: Provides Buildings/facilities/open Space

08 Official extract

Charity Event History

Charity Name: Launch It Trust
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 2001-05-31T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 27TH DECEMBER 2000, AS AMENDED BY SPECIAL RESOLUTION DATED 17TH MAY 2001 as amended on 10 Jun 2019 as amended on 05 Jun 2019
Charitable Objects: TO PROMOTE BY ALL CHARITABLE MEANS THE MENTAL, SPIRITUAL, MORAL AND PHYSICAL DEVELOPMENT AND IMPROVEMENT OF YOUNG PEOPLE ACROSS THE UK AND TO PROVIDE OPPORTUNITIES FOR THEM TO DEVELOP THEIR FULL CAPACITIES AND ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED, TO INCLUDE: 1. ADVANCING THE EDUCATION OF YOUNG PEOPLE BY THE PROVISION, ENCOURAGEMENT AND PROMOTION OF EDUCATION, INSTRUCTION OR TRAINING IN PROFESSIONS, VOCATIONS, INDUSTRIES, CRAFTS, TRADE OR THE SKILLS NEEDED IN EMPLOYMENT; 2. RELIEVING POVERTY AMONGST YOUNG PEOPLE THROUGH THE PROVISION OF ASSISTANCE (INCLUDING FINANCIAL ASSISTANCE, ACCOMMODATION OR PREMISES) AND ENCOURAGEMENT WHILST THEIR EDUCATION IS BEING ADVANCED AS AFORESAID OR WHILST THEY ARE IN THE PROCESS OF ESTABLISHING NEW BUSINESSES OR PREPARING FOR, ENTERING UPON OR ENGAGING IN A PROFESSION, TRADE, CRAFT OR SERVICE; AND 3. ARRANGING PERIODS OF VOLUNTARY WORK IN THE COMMUNITY 2. TO FURTHER SUCH OTHER CHARITABLE PURPOSES, WHETHER IN CO-OPERATION WITH THE PRINCE'S TRUST OR OTHERWISE, AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT.
Area Of Benefit: GREATER LONDON

10 Official extract

Charity Other Names

Charity Name Id: 477918
Charity Name Type: Previous name
Charity Name: LONDON YOUTH SUPPORT TRUST

Charity Name Id: 615442
Charity Name Type: Working name
Charity Name: LAUNCH IT TRUST

11 Official extract

Charity Policy

Policy Name: Safeguarding policy and procedures

Policy Name: Complaints handling

Policy Name: Conflicting interests

Policy Name: Complaints policy and procedures

Policy Name: Financial reserves policy and procedures

Policy Name: Bullying and harassment policy and procedures

Policy Name: Risk management

Policy Name: Campaigns and political activity policy and procedures

Policy Name: Volunteer management

Policy Name: Serious incident reporting policy and procedures

Policy Name: Social media policy and procedures

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Paying staff

Policy Name: Trustee conflicts of interest policy and procedures