AF&V LAUNCHPAD LIMITED

Charity number: 1153185
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

AF&V LAUNCHPAD'S PURPOSE IS TO REDUCE THE INCIDENCE OF HOMELESSNESS, UNEMPLOYMENT AND SOCIAL DEPRIVATION AMONG VETERANS BY PROVIDING RENTED ACCOMMODATION IN A SINGLE SITE, SPEKE HOUSE IN LIVERPOOL AND AVONDALE HOUSE IN NEWCASTLE. ONCE HOUSED, LAUNCHPAD ENCOURAGES VETERANS TO ENGAGE THE NUMEROUS ORGANISATIONS THAT OFFER HELP WITH TRAINING, SEEKING EMPLOYMENT AND FINDING PERMANENT ACCOMMODATION.

Income and expenditure

Data for financial year ending 30 June 2024

Total income:
£1,655,221

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £659.42k
Charitable activities £975.07k
Other trading activities £0
Investments £15.21k
Other £5.52k

Total expenditure:
£1,589,384

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Raising funds £95.36k
Charitable activities £1.49m
Other £639

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £96.00k
Charitable expenditure £1.49m
Retained for future use £65.84k

People

24 Employee(s)

10 Trustee(s)

22 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Economic/community Development/employment
  • Armed Forces/emergency Service Efficiency
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Durham
  • Liverpool City
  • Newcastle Upon Tyne City

Governance

Registration history:
  • 01 August 2013: Standard registration
Organisation type:
Charitable company
Other names:
  • AF&V LAUNCHPAD LTD (Working name)
  • ARMED FORCES & VETERANS LAUNCHPAD LTD (Previous name)
Company number:
08633047 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Lucinda Claire Perriam Chair 21 March 2016
None on record
Aaron Sahota Trustee 08 January 2025
None on record
Christine Smith Trustee 19 November 2024
None on record
Katherine McGough Trustee 18 November 2024
None on record
IAN GARETH DORMER Trustee 16 November 2024
None on record
Brigadier - Retired Paul Joseph Andrew Baker OBE Trustee 23 February 2024
THE REGIMENTAL AND CHATTELS CHARITY OF THE FORMER DURHAM LIGHT INFANTRY
Received: On time
Sarah-Louise McCartney Trustee 19 December 2022
None on record
Colonel Retired Mark Charles Heath Underhill OBE DL Trustee 26 April 2019
THE HONG KONG LEP TRUST
Received: On time
THE HONG KONG LEP TRUST
Recently registered
THE ALTCAR TRUST FUND
Received: On time
CHARITIES IN CONNECTION WITH THE WEST LANCASHIRE TERRIOTORIAL AND AUXILIARY FORCES ASSOCIATION
Received: On time
CHARITY FOR THE CONGLETON DETACHMENT OF THE 5TH VOLUNTEER BATTALION THE CHESHIRE REGIMENT
Received: On time
DRILL HALL CHARITY AT STRETFORD ROAD, MANCHESTER
Received: On time
BLACKPOOL DRILL HALL (YORKSHIRE STREET) TRUST
Received: On time
MACCLESFIELD DRILL HALL TRUST
Received: On time
THE NORTH WEST ARMY CADET FORCE TRUST FUND
Received: On time
RICHARD ADRIAN DIXON-WARREN Trustee 22 May 2017
None on record
MAJOR KENNETH JAMES MCMILLAN MBE Trustee 03 June 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Total gross income £1.06m £996.00k £1.05m £1.27m £1.66m
Total expenditure £889.86k £872.54k £990.18k £1.29m £1.59m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £476.27k £447.09k £442.61k £473.00k £659.42k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £573.22k £539.11k £597.41k £773.65k £975.07k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.79k £3.00k £3.70k £10.36k £15.21k
Income - Other £4.00k £6.79k £9.55k £15.87k £5.52k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £889.86k £872.54k £990.18k £1.21m £1.49m
Expenditure - Raising funds £0 £0 £0 £73.81k £95.36k
Expenditure - Governance £61.48k £3.30k £4.39k £13.50k £26.86k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £639

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 30/06/2020 30/06/2021 30/06/2022 30/06/2023 30/06/2024
Own use assets £779.92k £748.67k £1.11m £1.08m £1.04m
Long-term investments £0 £0 £0 £0 £0
Other assets £509.99k £674.50k £653.41k £666.31k £774.85k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £44.53k £54.32k £335.17k £327.96k £337.00k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 June 2024 14 April 2025 On Time
Accounts and TAR 30 June 2024 14 April 2025 On Time Download Open in new window
Annual return 30 June 2023 15 March 2024 On Time
Accounts and TAR 30 June 2023 15 March 2024 On Time Download Open in new window
Annual return 30 June 2022 06 March 2023 On Time
Accounts and TAR 30 June 2022 06 March 2023 On Time Download Open in new window
Annual return 30 June 2021 02 February 2022 On Time
Accounts and TAR 30 June 2021 02 February 2022 On Time Download Open in new window
Annual return 30 June 2020 23 November 2020 On Time
Accounts and TAR 30 June 2020 23 November 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 01/08/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13 JUL 2016 as amended on 20 Jul 2020

Charitable objects

THE RELIEF OF FINANCIAL HARDSHIP AMONGST SERVICE PERSONNEL AND ARMED FORCES VETERANS AND THEIR DEPENDANTS (INCLUDING THOSE WHO ARE SERVING MEMBERS THAT ARE ABOUT TO LEAVE, AND THOSE WHO HAVE SERVED IN THE ARMED FORCES AND HAVE ALREADY LEFT) BY THE PROVISION OF HOUSING AND ACCOMMODATION, THE PROVISION OF EDUCATION, TRAINING, EMPLOYMENT AND FINANCIAL SUPPORT TO HELP THEM RESETTLE INTO CIVILIAN LIFE. TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY PREVENTING THE BENEFICIARIES IDENTIFIED IN THE OBJECT FROM BECOMING SOCIALLY EXCLUDED, RELIEVING THE NEEDS OF THOSE BENEFICIARIES WHO ARE SOCIALLY EXCLUDED AND ASSISTING THEM TO INTEGRATE INTO SOCIETY. FOR THE PURPOSE OF THIS CLAUSE ?SOCIALLY EXCLUDED? MEANS BEING EXCLUDED FROM SOCIETY, OR PARTS OF SOCIETY, AS A RESULT OF ONE OF MORE OF THE FOLLOWING FACTORS: UNEMPLOYMENT; FINANCIAL HARDSHIP; YOUTH OR OLD AGE; INSTITUTIONALISATION; ILL HEALTH (PHYSICAL OR MENTAL); SUBSTANCE ABUSE OR DEPENDENCY INCLUDING ALCOHOL AND DRUGS; POOR EDUCATIONAL OR SKILLS ATTAINMENT; RELATIONSHIP AND FAMILY BREAKDOWN OR REJECTION; POOR HOUSING (THAT IS HOUSING THAT DOES NOT MEET BASIC HABITABLE STANDARDS; CRIME (EITHER AS A VICTIM OF CRIME OR AS AN OFFENDER REHABILITATING INTO SOCIETY).

Contact information

Address:
Taigh-Aighearach
Tayvallich
LOCHGILPHEAD
PA31 8PW
Phone:
03001111238
Email:
enquiries@veteranslaunchpad.org.uk
Website:

www.veteranslaunchpad.org.uk Open in new window