LAUNCH IT TRUST
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Cash
£185k
-49.6% vs 2024
Net assets
£202k
-46.7% lowest in 3 filed years
Employees
8
-11.1% vs 2024
Profit before tax
—
Period ending 2025-12-31
Net assets
5-year trend · vs Health Care median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Total income | — | — | £188,508 | £1,016,017 | £707,325 | -30.4% | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | -£17,983 | £134,107 | -£177,355 | -232.2% | |
| Cash | — | — | £150,943 | £366,652 | £184,904 | -49.6% | |
| Total assets less current liabilities | — | — | £289,219 | £424,940 | £254,597 | -40.1% | |
| Net assets | — | — | £245,477 | £379,584 | £202,229 | -46.7% | |
| Equity | — | — | £245,477 | £379,584 | £202,229 | -46.7% | |
| Average employees | 6 | 10 | 9 | 9 | 8 | -11.1% | |
| Wages | — | — | £330,681 | £362,716 | £345,647 | -4.7% | |
| Directors' remuneration | — | — | £61,105 | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Net margin | — | — | -9.5% | 13.2% | -25.1% | |
| Gearing (liabilities / total assets) | — | — | 34.4% | 28.8% | 44.2% | |
| Current ratio | — | — | 3.12x | 3.90x | 2.42x |
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.
Name history
Renamed 1 time since incorporation
- LAUNCH IT TRUST 2019-05-08 → present
- LONDON YOUTH SUPPORT TRUST 2000-12-27 → 2019-05-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Findlays Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The trustees have assessed whether the use of the going concern assumption is appropriate, evaluating a period of at least twelve months from the date of approval of these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOYLE, Gabrielle Mary | Director | 2022-12-07 | Sep 1968 | British |
| BYRNE, Rebecca | Director | 2001-12-05 | Jan 1965 | Canadian |
| EARL ST ALDWYN, Michael Henry | Director | 2009-06-19 | Feb 1950 | British |
| HOWARD, Philip Esme, Lord | Director | 2000-12-27 | May 1945 | British |
| KONG, Sarah | Director | 2023-12-13 | Sep 1992 | British |
| MCKINLEY, Leone | Director | 2021-12-10 | Jul 1984 | Irish |
| PETHICK, Jan Stephen | Director | 2010-01-31 | Sep 1947 | British |
| ROWELLE, Joanna Julie | Director | 2013-06-26 | Oct 1979 | British |
| STOCKEY, Rachel | Director | 2025-09-04 | Sep 1990 | British |
| VARMA, Abhay | Director | 2023-10-18 | Oct 1971 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AUSTIN, Robert James | Secretary | 2010-12-20 | 2013-10-15 |
| HALL, Charles Robert | Secretary | 2008-06-25 | 2010-07-31 |
| LANE, Andrew Gerard Hubert | Secretary | 2003-10-01 | 2008-06-25 |
| MARKS, Anthony Louis | Secretary | 2013-10-15 | 2020-12-12 |
| WHITMORE, Robert Douglas | Secretary | 2000-12-27 | 2003-10-01 |
| BOLDERSON, Leonard Keith | Director | 2000-12-27 | 2001-08-07 |
| GODFREY, John | Director | 2011-03-20 | 2015-09-10 |
| HALL, Charles Robert | Director | 2008-06-25 | 2010-01-09 |
| HAMMOND, Robert Arthur | Director | 2000-12-27 | 2001-10-19 |
| HIGGIN, Michael Norland | Director | 2012-03-01 | 2023-06-28 |
| LANE, Andrew Gerard Hubert | Director | 2003-07-01 | 2008-06-25 |
| MARKS, Anthony Louis | Director | 2013-06-26 | 2020-12-12 |
| NICHOLLS, Stephen Ainslie | Director | 2001-12-05 | 2004-07-08 |
| PODMORE, John Andrew | Director | 2008-06-26 | 2010-03-22 |
| WHITMORE, Robert Douglas | Director | 2000-12-27 | 2012-05-21 |
| YOUNG-OF-GRAFFHAM, David Ivor, Lord | Director | 2004-07-08 | 2006-10-01 |
| ZELL, David Joseph, Mr. | Director | 2009-06-19 | 2013-06-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miss Rachel Stockey | Individual | Significant influence (as trust) | 2025-09-04 | Active |
| Miss Sarah Kong | Individual | Significant influence (as trust) | 2023-12-13 | Active |
| Mr Abhay Varma | Individual | Significant influence | 2023-10-18 | Active |
| Mrs Gabrielle Mary Boyle | Individual | Significant influence (as trust) | 2022-12-07 | Active |
| Ms Leone Mckinley | Individual | Significant influence | 2021-03-10 | Active |
| Mr Michael Norland Higgin | Individual | Significant influence | 2016-04-06 | Ceased 2023-06-28 |
| Mr Anthony Louis Marks | Individual | Significant influence | 2016-04-06 | Ceased 2020-12-12 |
| Mr Jan Stephen Pethick | Individual | Significant influence | 2016-04-06 | Active |
| Mrs Joanna Julie Rowelle | Individual | Significant influence | 2016-04-06 | Active |
| Ms Rebecca Byrne | Individual | Significant influence | 2016-04-06 | Active |
| Earl Michael Henry Hicks Beach St Aldwyn | Individual | Significant influence | 2016-04-06 | Active |
| Lord Philip Esme Howard | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 118 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-05 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-03-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-20 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-20 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-25 | AA | accounts | Accounts with accounts type small | |
| 2023-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-02 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.