LAUNCH IT TRUST

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +81.9%

  £188,508 → £342,893

• Cash

  +142.9%

  £150,943 → £366,652

• Net assets

  +54.6%

  £245,477 → £379,584

• Employees

  0%

  9 → 9

• Wages

  +9.7%

  £330,681 → £362,716

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. LAUNCH IT TRUST 2019-05-08 → present
2. LONDON YOUTH SUPPORT TRUST 2000-12-27 → 2019-05-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Findlays Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 was a big one. From new programmes and partnerships to pitch-offs and powerhouse people, Launch It has levelled up in every way and all in the name of unlocking the potential of young people from disadvantaged backgrounds across the UK.”
• “We opened the doors to our brand-new centre Launch It Stoke-on-Trent, expanding our reach and giving even more young people a place to dream big, build businesses, and believe in themselves.”
• “Our Launch It Labs programme in Neasden kicked off with energy and innovation, backed by the brilliant support of the Blagrave Trust. Launch It Labs also popped up in Angel Yard with funding from Enfield Borough Council via UKSPF.”
• “We teamed up with Taylor Woodrow to host a showstopping Pitch Off where the young entrepreneurs on Angel Yard went head-to-head to win a game-changing £3,500 of business funding.”
• “With 2025 marking our 25th anniversary, we're not just celebrating we're planning our biggest impact yet.”
• “Team members Julian Allen and Sarah Campbell became certified sustainability workshop leaders through Youth Business International, helping us future-proof young businesses with green thinking.”
• “That's 37 incredible professionals giving their time and talent to mentor young entrepreneurs across our network.”
• “Our CEO Pat Shelley won CEO of the Year for Youth Entrepreneurship in London again! That's two years running.”
• “Julian Allen flew the Launch It flag at the Youth Business International Annual Conference in Kenya, sharing our impact and learning from global partners.”
• “Our Enterprise Manager in Paisley, Sarah Campbell, moved on to pastures new. Our new Enterprise Manager in Paisley is Rebecca McEwan who has quickly fitted into the team and made a huge impact from the outset.”
• “Real Deals Media and AIMS Accountants for Business for naming us their Charity of the Year.”
• “Launch It Dundee celebrated its fifth anniversary in style, with an event that brought together alumni, community, and supporters to reflect on the incredible journey so far.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.