Launch IT Trust
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.
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.
Grants
Launch IT Trust makes grants as part of its work.
- Gives grants to
- individuals
- Total spending (2025)
- £884,680
- Only charities with income over £500,000 file a separate grants figure.
- Who it helps
- children and young people
- What it supports
- general charitable purposes, education and training and the prevention or relief of poverty
As recorded with the Charity Commission. To ask about applying, use the contact details and check the trustees and latest accounts below.
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Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.
Region
Financial Information
Financial Efficiency
Latest Financial Breakdown
Income Sources
Expenditure Categories
Financial Trend
Annual Returns
As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2025 | £707,325 | £884,680 | £884,680 | £202,229 | £884,680 | 8 / 30 |
| 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 |
Staff column shows: Employees / Volunteers
Frequently asked questions about Launch IT Trust
What does Launch IT Trust do?
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.
How much income did Launch IT Trust report in 2025?
Launch IT Trust reported total income of £707k and reported expenditure of £885k for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.
When was Launch IT Trust registered as a charity?
Launch IT Trust was registered with the Charity Commission for England and Wales on 31 May 2001 as charity number 1086850. It has been registered for 25 years.
Who runs Launch IT Trust?
Launch IT Trust is governed by a board of 11 trustees. The chair of trustees is LORD HOWARD OF PENRITH. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does Launch IT Trust operate?
Launch IT Trust operates in England, as recorded in its Charity Commission filing.
Is Launch IT Trust a registered charity?
Yes — Launch IT Trust is a registered charity in England and Wales, charity number 1086850.
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Registry Information
Trustees
Also governs 1 other charity
Also Known As
- London Youth Support Trust
- Launch IT Trust
Data & trust
- Register data refreshed
- 26 October 2026
- Methodology
- How metrics are calculated