Finance Score: 1
Governance Score: 6
Support Score: 9
  • Excess reserves: -2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Gender balanced board: +3
  • Grant maker support: +9
Overall GiG Score: 16 ?

LAUNCHPAD READING 

We house, support and empower vulnerable people in Reading so they can transform their lives, get back on track and fulfil their potential.Every person who turns to us for help is different, facing unique challenges. We provide support on an individual basis, always considering the best way to help in each situation.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age and gender

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £6,747,541 available, equivalent to 26 months of spending and so may not be able to utilise additional funding
Established: 44 years

www.launchpadreading.org.uk

enquiries@launchpadreading.org.uk

01189507656

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£3,672£3,167£505£118£6,823£6,74825.64850
31/03/22£3,273£2,948£325£140£6,318£6,27625.647100
31/03/21£3,609£2,951£658£165£5,993£5,95824.249100
31/03/20£3,310£2,949£361£197£5,335£5,24721.449100
31/03/19£3,559£2,854£705£130£4,974£4,87920.54950
31/03/18£3,941£3,343£597£123£4,269£4,18415550
31/03/17£3,162£2,765£398£111£3,672£3,54415.4470
31/03/16£2,919£2,504£414£114£3,276£3,15815.1390
31/03/15£2,206£2,121£85£111£2,788£2,15012.2270
31/03/14£2,079£2,177£-98£87£2,703£2,00611.1360
31/03/13£1,929£1,824£105£80£2,802£2,06513.6320
31/03/12£1,755£1,618£137£86£2,511£1,88714290
31/03/11£1,684£1,634£49£83£2,375£1,78013.1270
31/03/10£1,746£1,567£178£121£2,325£1,73513.3270
31/03/09£1,514£1,624£-110£135£2,147£1,59511.8250
31/03/08£1,499£1,628£-130£119£2,235£1,68212.4200
31/03/07*£1,353£1,249£104£83£2,364£1,78817.2170
31/03/06*£1,120£1,037£83£0£0£0n/a00
31/03/05£999£917£82£0£0£0n/a00
31/03/04*£1,101£1,003£98£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 3.4%
Fundraising Costs/Total Spending: 3.7%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 21%
Liabilities/Income: 49%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 25.6 months
Net Current Assets/Spending: 5 months
Quick Ratio: 1
Asset Split ?
Listed activities
  • Accommodation/Housing
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Other Charitable Purposes
  • The Prevention Or Relief Of Poverty
How it operates
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides services
Where it operates
  • Reading,
Who it helps
  • Children/Young People
  • Other Defined Groups
  • The General Public/Mankind
Who works here?
  • 48 employees
  • 50 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
National Lottery Community Fund£437,273
Ministry for Housing, Communities and Local Government£100,000
DCMS£71,706
Garfield Weston Foundation£55,000
Specific Donations
Amount When
Months
To be used for
Co-Operative Group - Grant to Launchpad Reading
£2,306 21/10/2023
We will run six-week cooking courses for people who have a history of homelessness and are working with us to rebuild their lives. Attendees will learn to cook, budget and enjoy a good meal together.
Quartet Community Foundation - Grant to Launchpad Reading
£250 22/11/2022
As requested by the fund holder towards support for people at risk of becoming homeless in Reading
Quartet Community Foundation - Grant to Launchpad Reading
£250 21/11/2022
As requested by the fund holder towards support for people at risk of becoming homeless in Reading
National Lottery Community Fund - Launchpad Reading Moving In and Moving On Support
£9,800 29/09/2022
The project will use funding to cover the running costs of their van which they use to respond to urgent calls from people moving on from homelessness and preparing a room at the supported ....more
Garfield Weston Foundation - Main Grants award
£30,000 04/03/2022
Launchpad 135 - Rebuilding Lives
National Lottery Community Fund - Launchpad 135 - Rebuilding Lives
£409,635 04/11/2021
The funding will help fund a hub/one stop shop in Reading where people in housing need who are socially and financially disadvantaged can access a wide range of support and services that will enable ....more
Quartet Community Foundation - Grant to Launchpad Reading
£250 19/10/2021
As requested by the donor towards preventing homelessness and providing support
National Lottery Community Fund - Likeskills: Preventing Homelessness
£9,852 07/05/2021
The funding will be used to provide life skills for people who are in need of housing or at risk of homelessness. The project aims to help people learn practical skills to improve their self-care ....more
Quartet Community Foundation - Grant to Launchpad Reading
£2,000 01/03/2021
As requested by the donor towards preventing homelessness and providing support
Masonic Trust - MCF Matched Funding
£2,500 18/12/2020
Unrestricted matched funding in partnership with the local masonic province
Garfield Weston Foundation - Main Grants award
£25,000 25/09/2020
Launchpad Reading: Life Skills, Work and Well-Being Project
DCMS - Coronavirus Community Support Fund
£71,706 03/07/2020
"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more
Ministry for Housing, Communities and Local Government - MHCLG Homelessness Fund
£100,000 07/05/2020
Organisations supporting homelessness
National Lottery Community Fund - Preventing Homeless - Working Differently in the COVID-19 Pandemic
£4,386 17/04/2020
11
The funding will be used to purchase the equipment to work from home and continue providing support to people with housing needs or who are at risk of homelessness. The project aims to provide ....more
National Lottery Community Fund - Volunteering Project
£3,600 27/06/2019
12
The project will use funding to provide support to vulnerable homeless people and those at risk of being made homeless by deploying the experience of former homeless volunteers who can apply their ....more
Heart Of England Community Foundation - Moving Towards Independence
£49,460 01/03/2019
17
Launchpad Reading provides housing and support for people with a history of homelessness, who are in housing need, living in temporary or inadequate accommodation. Our aim is to ensure that they are ....more
The Clothworkers Foundation - Grant to Launchpad Reading
£35,000 26/09/2018
construction of five homes for a charity which works with homeless people in Reading
Garfield Weston Foundation - Main Grants award
£15,000 27/06/2018
Horticulture and Healthy Living Project+: Tackling Homelessness
Henry Smith Charity - Grant to Launchpad Reading
£90,000 09/03/2017
36
towards three years' continuation funding of the running costs of the 'Volunteering Project', providing support to homeless people and those at risk of homelessness in a deprived area of Berkshire
National Lottery Community Fund - Improving Life Chances - Moving on from Homelessness
£329,545 24/08/2016
36
This project will support unemployed people who are homeless or at risk of homelessness to improve their work skills. Following referral through hostels and advice services, people be assessed to ....more
Henry Smith Charity - Grant to Launchpad Reading
£65,500 13/03/2014
36
towards three years' continuation funding of the running costs of a volunteering project to support vulnerable adults at risk of homelessness in Berkshire
National Lottery Community Fund - Horticulture and Healthy Living
£240,722 30/05/2013
60
This expanding project by Launchpad Reading aims to improves the physical and mental health and wellbeing of the homeless community in Reading, stabilising their chaotic lifestyle through engagement ....more
National Lottery Community Fund - Housing the Homeless
£10,000 31/01/2013
12
This is a project by an incorporated charity in Reading. The organisation will use the funding to purchase a transit van to enable them to maintain their leased properties for homeless people. This ....more
National Lottery Community Fund - Education, Training, Employment for Homeless People
£299,034 17/05/2012
48
The expansion of an existing project will allow Lauchpad Reading to improve their current basic skills training package delivered to homeless people living in Launchpad's supported accommodation. The ....more
National Lottery Community Fund - Inspirational Theatre
£10,000 22/09/2011
12
This is a project by a registered charity in Reading. The group will use the funding to hold a drama project that will inspire and motivate people who are affected by homelessness. This will develop ....more
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split

Age Range of Trustees: 43-77
  • HELEN WARING Appointed: 2012, Occupation: Owner Of Design Company
  • HANNAH POWELL Appointed: 2015, Occupation: Senior Probation Officer
  • IAN HASLAM Appointed: 2017, Occupation: Semi-Retired
Legal constitution
  • Charitable company registered in England & Wales on 02/06/1980, number: 279859
  • Registered at Companies House on 05/11/1979, number: 01459149
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR07: 139 days late, AR06: 17 days late, AR04: 25 days late,
Main office

Launchpad Reading
1A Merchants Place
READING
RG1 1DT

Objectives

(A) THE RELIEF OF POVERTY, SICKNESS AND OLD AGE, INCLUDING BUT NOT LIMITED TO THE PROVISION OF CARE AND SUPPORT AND IN PARTICULAR (BUT WITHOUT LIMITING HE FOREGOING) FOR THE RELIEF OF PERSONS WHO;-(I) HAVE HAD PREVIOUS HOMELESSNESS OR ROUGH SLEEPING(II) HAVE BEEN IMPRISONED OR ARE AT RISK OF RE-OFFENDING(III) HAVE MENTAL HEALTH PROBLEMS(IV) HAVE LEARNING DIFFICULTIES(V) ARE AT RISK OF DOMESTIC VIOLENCE(VI) ARE A PREGNANT TEENAGER(VII) ARE AN OLDER VULNERABLE PERSON(VIII) ARE A YOUNG PERSON AT RISK(IX) ARE A PERSON HAVING A DRUG OR ALCOHOL PROBLEM(X) ARE A PERSON WITH A PHYSICAL OR SENSORY DISABILITY(XI) ARE A PERSON HAVING HIV OR AIDS(XII) ARE A REFUGEE(XIII) ARE A PERSON WITH A PREVIOUS HISTORY OF REPEATED AND UNPLANNED LOSS OF TENANCY(XIV) ARE A TRAVELLER(XV) ARE AN ASYLUM SEEKER(XVI) ARE A PERSON COMING FROM A PROBLEM FAMILY(B) THE CARRYING ON FOR THE BENEFIT OF THE COMMUNITY THE PROVISION OF HOUSES, HOSTELS, SUPPORTIVE HOUSING AND CARE AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES ON TERMS APPROPRIATE TO THEIR MEANS

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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