launch it trust
The charity supports children and young people. Launch IT Trust is a registered charity whose purpose is general charitable purposes. It delivers its work by making grants to individuals. The charity is based in London and operates in England.
This page summarises publicly available information about the charity, including its activities, beneficiaries, and registration details, based on official records.
Activities & Mission
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.
Fundraising
See where Launch IT Trust is active and find local fundraising opportunities.
Region
Financial Information
Latest Income
£1,016,017
Latest Expenditure
£881,910
Financial Efficiency
Program Ratio 86.8%
% of income going directly to charitable activities
Overall Efficiency 100.0%
% of expenditure going to programs (vs overhead)
Administrative Ratio 2.6%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £615,623
Charitable Activities £342,893
Other Trading £57,501
Investments £0
Other Income £0
Expenditure Categories
Charitable Expenditure £881,910
Raising Funds £0
Governance £23,100
Grants to Institutions £0
Other Expenditure £0
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £1,016,017 | £881,910 | £881,910 | £379,584 | £90,987 | 9 / 42 |
| 2023 | £760,304 | £778,287 | £778,287 | £245,477 | £65,242 | 9 / 25 |
| 2022 | £1,440,960 | £1,334,809 | £1,334,809 | £263,460 | £157,482 | 10 / 23 |
| 2021 | £748,688 | £656,852 | £592,558 | £157,309 | £0 | 5 / 22 |
| 2020 | £622,698 | £595,741 | £174,299 | £65,473 | £8,614 | 6 / 26 |
Staff column shows: Employees / Volunteers
Details
Address
Launch It Trust
Unit 2
Angel Yard
34 Snells Park
LONDON
N18 2FD
Unit 2
Angel Yard
34 Snells Park
LONDON
N18 2FD
Email
info@launchit.org.ukWebsite
www.launchit.org.ukRegistration Date
31 May 2001
Status
Registered
Registry Information
Organisation Number
3978494
Charity Number
1086850
Trustees
REBECCA BYRNE
LORD HOWARD OF PENRITH
JAN PETHICK
EARL MICHAEL ST ALDWYN
Joanna Rowelle
Gabrielle Boyle
Leone Catriona McKinley
ABHAY VARMA
Sarah Kong
Rachel Stockey
Sectors & Classifications
Also Known As
- LONDON YOUTH SUPPORT TRUST
- LAUNCH IT TRUST