Charlty reglstratlon number 11673601England and Wales)
LAUNCH PAD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

LAUNCH PAD
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
J Rlchardson
B J Zwhalen
J William8
Charlty number (England and Wales)
1167360
Prlnclpal addre85
Unlt 6 Trackslde Buslness Pa
281 Hawthem Avenue
Hull
HU3 SEN
Independent examlner
Tr6vor Mark Rackham
Rackham's Accountsnts Llmit8d
3 Melton Enterpri8e Park
Reddliff Road
Metton
East Yorkshir8
HU14 3RS
Bankers
Wirgin Money UK PLC
39 Saturday Markey
Beverley
HU17 9AQ

LAUNCH PAD
CONTENTS
Page
Trustees, report
Independent examiner's report
Statwnent of financial activitie8
Balance sheet
Notes to the fin8ncial statemanls
7-13

LAUNCH PAD
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees preBent thelr annual report and Ilnancial statements for the year ended 31 DeGember 2024.
The linancial statements have been prepared in accordance with the accountlng pollcies set out Sn note 1 to the
financial slatsments and Gomply with the tharIt￿S governing doGument, the Charitles Act 2011, FRS 102 "The
FinanGial Reportlng Standard applicable in Ihe UK and RepubfiG of Ireland. and the Charities SORP 'Accounting
and Reportlng by Charltles.. Stat8m8nt Df Recommended Pradice appllcable trj chariti88 preparlng thelr accounts in
accordanGe with the Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 102)"
ObjectNeS and actNltle5
The promotlon of CDmmunlty parildpatlon In healthy recreatlon In parucular by provldlng sportlng facilltles for
parflcipation in Trampolinlng and a variety of gymnastic disciplines and oth$r cornpatible sportlng activitles and a8 a
means to promote healthy and actlve Ilfestyles.
Movlng forward. the focus ft)r the organisation is bullding for the future. We are planning on maklng significant
Inveslment in out staff, 8quipment and f8cillttes. This has stsrted with brlnging in an offic8 manager and creatlng
plans for a 8alaried gymnastics coach.
Publlc ben8frt
The tru8t88s have pald duo regard to guidanc8 iSBued by thg Charity Commlsslon In d8cldlng wh8t activllles th8
charity should undertake.
Achievpmonts and performance
SlgN'ticanÈ acllviÈie8 8nd achievements against objectives
Stsfflng
We continue to d8velop opportuniti8s for th8 young leaders to get into coachlng and two have now complet8d Iheir
level one quabficatlons. on8 in trampolining and on6 in gymnastios.
Generally arnong the club, oppofoinities for enhanclng the skills of Goaches have be8n supported thlth two stsff
undertaking lev812 quallflcati()ns and CPD opwrtun5ties to complete the hlgher modules in trampolining
ProgrammB
Clas8eg have continued for r8cr8atlonal, compelitton. adult and fr88Style along wlth sessitm for thos8 wlth
dlsabilities. These sessions have again been complimented by the holiday programm6 which has seen great
demand on the sessions Nn.
Daytime school provlslon has gon8 from strength to strength particularly wlth special schools and Ghlldr8n who ar8
not in mainstream education. New SGhools hav6 been added io the tlmetsble.
Th8 presehooS programme ha8 Con￿nued to b8 popular and a sem14ndependent group e5tabiish8d.
Faclllty l Equlpment
The roof has been looked at again and atthough significant improvement has been seen, there are stlll some are85
leaklng.
Fundraising is now focusing on asymmelrlc bars 88 som8 of the older members are getting close to being too tall for
our wrrentjunlor set, Thls is now a prtority.

LAUNCH PAD
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Competltlons
Th8 Kingston Trampoline League had three qualification 8V8nt5 with a fin818 with commemorative kit being available
for quallfylng gymnasts to purchase 8nd a free gift of a pen for every competitor. Parklng at events which had been
8 concern has been resolved wlth the asslstance of Strata Holdlngs carpark and the scouts to man it as their
opportunity to fundralse.
Two in-house club competltlons were held, one summer and one winter event. We had entries in both gymnastics
and trampolining.
Externalty we entered the National Trampoline League with five qualifying to the tlnals anc5 CcAe galning a gold
medal, we also entered the English qualifying events with both Co19 and Elliot qualifying for English Championships
@re they both became Engllsh Champlons for their age group at 811ver18vel.
Flnanclal ravl8w
We have mlgrated our fees collection to the company Coacha. Fees go through Strlpe card payments rather than
direct deblts. Parents have an App to book classes and camps.
Our rent r8view h88 r88ulted in an Increa8e of 33% backdated l O month8. Thi8 will hav6 a significant impact on our
attempts tD purchase new equlpment and Improve fadlltles. We wlll probably have to go Into our reserves and we
are looklng at ways to Inuease Income wlthout havlng to put up fees. One way is to add classes to reduce our
waiting list, but W8 need mor8 coachgs. W8 wim enquire amongst our adu116 group io se8 if anyone is interested in
belng supported to galn a quallfficallon.
R&8eNes poI￿Y
Our reseNes pollcy Is stlll set at £20,000.
Plans for fulure Periods
r plans to develop the derelict part of the faality into a cla8sroorn and tollets have been PLrt on hold due to the
slgnlflGant Increase In the rent.
Stwcturei governance and management
The Charity is constituted under a gov6ming document having register8d as a Charit8bl8 Incurporated Organisalion
In 2D16 8s Launch Pad prfor to Whit￿ known 88 Hull High F118rs Tr8mpollne Gymn8StIc8 Club.
The Charity is affiliated to British Gymnastic5 (BG) and Yorkshire Gymnastlcs (YGA). BG being the goveming body
8ssociation.
The trust8es who s8rv8d during the year and up to thg dat8 of signatur& of the financial sta18ment8 woro.
J Richardson
B J Zwhalen
J Williams
other matters
Safeguardlng
Th8 dub has twc welfare officer6, There has been one safeguarding concem regarding soclal medla use outside of
the dub. This was dealt with successfully by informlng the parent who was grateful for the clubs involvement.

LAUNCH PAD
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees, report was approved by the Board of Twstees.
T.
J Williams
Twstee
20 October 2025

LAUNCH PAD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LAUNCH PAD
I report to the trustegs on my examination of the financial stat8m8nt8 of Launch Pad (the charity) for the year ended
31 December 2024.
Rosponslbllltles and basls of report
As the trustees of th8 ch8rFty you are responsible for the preparatlon of the flnanclal Btatements In aG￿rdance with
the requlrements of the Charltles Act 2011.
I report in respect of my examination of (he ch817ty's fin8ncial st3tements carrled out under sectlon 145 of the
Gharftles Act 2011. In ￿rryIng oul my examlnatlon I have folk)wed the Directlons givgn by the Charity Commission
under 8ectlon 145(5)Ib) of the Charllle8 Act 2011.
Independent examlnDrf8 8tatèment
Your attehtion is drawn to the fact that the charity has prepared the financl81 statements In accordance wlth the
relevant verslon of Ihe Statement of Recommended Practice applicable to charities preparing their financial
statgments in accordance with the Financi81 R8POrting Standard applicable in the UK and Republic of Ireland (FRS
102) In PTeference to the Accountlng and Reportlng by Charltles: Statement Df Recommended Practlce issued on 1
Awil 2005 which is referred to in the extant regulations but has now been wrthdrawn. l understand that this h8S
been done in order for th8 flnanual statements to provide a true and falr vlew In accordance wlth UK Generally
AC￿pted Accounting Pracllce.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination glvlng me cause to belleve that in any material respect:
accounting records were not kept in resp8ct of the charity as required by Section 130 of th8 Charities Act 2011.
the financial statements do not accord with those records", or
the financlal statements do not comply wlth the appllcable requirements ￿nCernIng the form and cont&nt of
financlal statements set out In the Charitias (Accounts and Reports) Regulation8 2008 other than any
requlrement th8t the fin8nci81 st818ments giv8 8 tru8 and fair vlew, whlch Is not a matter considered as part of
an independent examination.
I have no conv￿m￿ and havp come acr088 no olher matters in connection wlth the examlnation to which attention
should be drawn In thls report In order to enabk a proper understandlng of thp financlal stat8m8nts to be reached.
Trevor Mark Rackham
Rackham's Accounlanls Llmlted
3 Melton Enten)rise Park
Redclliff Road
Melton
East Yorkshlre
HU14 3RS
20 October 2025

LAUNCH PAD
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrfcled UnrestrlGted
funds
fund8
2024
2023
Notes
Income from:
Don8lion8 and legaGYe8
Charflable actlvltles
Other tradlng actlvltles
658
139,298
7,388
179,255
8,418
Totsl Incom
188,637
147,344
Expendlture on:
Raislng funds
Charitable sctlvltles
152
189.082
122,383
Total expendlture
189.234
122,383
Net incomel(expendlture) and movement In funds
(597)
24,961
Reconciliation of fund5:
Fund balances at 1 January 2024
63,446
38,485
Fund balance5 at 31 December 2024
62,849
63.446
The stat8ment of Ilnanclal actlvltles Includes all gains and10sses rec￿Jnised In the year. All Income and expendlture
derive from continuing activities.

LAUNCH PAD
BALANCE SHEET
AS A T31 DECEMBER 2024
2024
2023
Notes
Flxed assets
Tangible assets
12
16,810
16,532
Current assets
Debtors
Cash al bank and in hand
13
973
60.149
60.687
60,616
Crgdltors: amounts falling du8 within
one year
15
(4.970)
{2,000)
Net current assets
55,717
58,616
Total as88ts 1058 current liabilities
72,527
75,148
Credltors: amount8 falling due after
mor8 than one year
(9,678)
(11,702)
Net as50ts
62,849
63,446
The fvnds of the charity
Unrestricied funds
17
62,849
63.446
62.849
63,446
The tlnanGial 8tst&m8nts wer8 approved by the trustees on 20 October 2025
J WAlliams
Tru51e

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounllng pollcle8
Charlty Informatlon
Launch Pad is 8 charitable Incorporated organisation reglstered in England and Wales.
1.1 Accountlng convention
The financlal statements have been pr8pared In accordance wllh the chaiity's govemlng document. th8
Ch8rities Act 2011, FRS 102"The Financial Reporting Standard applicable In the UK and Republic of Ireland.
and the Charllles SORP 'AccoLtnting and Reportlng by Charltles: Statemgnt of Recommend8d Practlce
appllcable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicabl& in the UK and Republic of Irgland IFRS 102). The Gharity is a Publlc Benefit Entity as dgfin8d by
FRS 102.
Th8 Charity has taken advantage of the provislons In the SORP for charltles not to prepare a statemant of
cash flows.
The financial ststements are prepared in sterfing. which is the functioh81 Gurr&ncy of the charlly. Monetary
amounts In these flnancial statements are rounded to the n&arest £.
The financi81 statements have been pr6par8d und8r th8 hlstorfcal cost conventlon. Th8 prlnclpal accounting
policies adopted are set out below.
12 Golng concèrn
At the tlme of approving lh8 financl81 statements, th8 tru8te88 have a reasonable exp8ct8tion that th& charity
has adequats resources to continue in operallonal existence for Ihe for&s8eable future. Thus the tru8tees
contlnue to adopt th8 golng concem basls of accounting in preparlng the financial statements.
1.3 Charltable funds
Unr8Strict8d funds are avallable for u88 at the dlscretlon of the trust88s in furtherance of thelr charitsbl8
obleth'ves.
Re8lrict8d funds are subject to specific conditlons by donors or grantors as to how they may be used. Th8
purp0568 and uses of the restricted fund8 are set out In the notes to the financial statements.
1.4 Income
Income Is recognised when th8 charity is legally entltled to it after any performance condltlons have been met,
Ihe amounts can be measured rellably, and it is probable that income will be r8ceiv8d.
Cash donatlons are recc*3nis8d on rec8iPt. 0th8r donallons are recognis8d once th8 charlty has been noffied
of the donation. unlass performance conditions require deferral of the amount. Income tax recoverable in
rdatlon to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt OT otheNise If the charity has b&on notified of an Impending distrlbutlon,
the amount Is known, and recelpt Is expected. If th8 amount Is not known, the legacy is treated as a
contingent asset,

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
(Contlnued)
Expendlture
Expenditure Is reGognlsed once there Is a legal or constwctlve obllgatlon to transfer economic ben8fil to a
third paty. it 18 probable that a transfer of economic benefits will b8 r8quired In settlemen( and the amounl of
the obligation can be measured reliably.
Expenditurè18 claB8ified by activity. The c08t8 of each 8Ctivty are made up of the totsl of dlrect costs and
shared costs, Includlng support costs Involved In undertaking each activity. Direct costs attrlbutable to a slngle
aGlivity are 8llocat8d dir8Ctly to that activity. Sharod costs which contribute to more than one aclivlty and
support costs which are not attrlbutable to a single activity are apportioned belween those activities on a basls
conslst&nt with the us8 of r850urces. Central staff costs are allocated on the basis of time spenL and
depreciatlon charge8 are allocated on the portion of the asBet's US6.
1.6 Tanglble flxed assets
Tangible fixed asset8 are initially measured at cost and subsequently measured at cost or valuatlon, net of
depreclatlon and any Imp81rment losses.
Depreciation 18 r8cognis8d 80 a8 to write off the c08t or valuation of assets le8S their residual values over thelr
useful Ilves on the followlng bases:
Plant and equipment
15% reducing balance
The gain or loss arising on the disposal of an asset is detemiined as the dlfference between the sale proceeds
and the carrylng value of the asset, and Is recognlsed In the statement of flnanclal activlties.
1.7 Impaimi8nt of r￿ed 48sets
At each r&portlng 8nd date, the Gharity revlews the carrylng amounts of Its tanglble assets to determlne
whether there Is any Indlcatlon that those assets have suffered an Impaimi8nt loss. If any such indic81ion
exlsts. the recover8ble amount of the asset Is estlm8ted In order to determlne the extent of the Impalrment
loss (Ir any).
1.8 Cash and cash equlvalentS
Cash and cash equiva18nts include cash in hand. deposit8 held at call with banks, Other short-term liquld
Inveslments wlth orlglnal maturltles of three months or les5, and bank overdrafts. Bank overdrafts are shown
wlthln bomwings in curr￿1 liabilities.
1.9 Employee beneflts
The cost of any unused holid8y 8ntit18m8nt is rocognised In the perlod In whlth the employee's servlces are
received.
T8miination benefits are recognised immediatety as an expense when the charlty Is demonstrably commFLted
to terminate the employment of an employee or tD provlde termlnation bgn8fits.
Income from donatlons and legades
Unrestricted Unrestrlcted
funds
fund5
2024
2023
Grants
964
658

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
In¢omo from charitabl8 activitlO8
Unrestrlcted
funds
2024
Unrestrlctèd
funds
2023
Charltable actlvlty Income
Fegs
Kit income
Entry fees
Tuck income
Equipment sale8
Venue hire
Other Incom8
Competition incom&
120,232
9,460
11.591
15,996
950
12.170
1,955
6,911
90,143
7,870
9.806
10,946
3.745
11,120
794
4,874
179,256
139,298
Income from other tyadlng actlvltles
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Fundralslng events
8,418
7,388
Expendlture on ralsing funds
Unrestrfcted Unr8strlctgd
fund8
funds
2024
2023
Fundralslng and publlclty
Otherfundraising costs
152

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendlture on charftable act[￿tIeS
Charltable
Charltable
activity
actlvity
expenditure expenditure
2024
2023
Direct C08ts
staff costs
Depreclatlon and impaimienl
Renv insurance
Competltlon feesl event expenses
Clothlngl klt
Caterlngl tuck shop
Coaching coursesl CPDI DBS
Admlnistratlon
Equipment
Rates
Utilities
Cleanlngl sanllary
Subscriptions
Sundries
Loan repayments
47,782
2,918
33,815
2.967
53,919
4,237
5.768
5.161
4,195
1,747
3,884
660
16,678
1.133
466
1A67
346
4.526
4,113
3,351
1,662
5,261
696
11,634
356
1,599
749
395
188.081
121.496
Sharg of support and gov8rnanGe c08ts (808 nots 7)
Governance
1,OD1
887
189,082
122,383
Analysis by fund
Unr8striGt8d funds
189,082
122,383
Support costs allocatsd lo activities
2024
2023
Govemance costs
1,001
887
Analy88d betw88n:
Charitable activity expendrture
1,001
887
10-

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Not movement In lund8
2024
2023
The net movement In fund5 Is stated after charglnol(cr8dlting):
Fees pay8ble for th8 Independ8nt examlnation of th8 charfty's flnanclal
statements
Depreclatlon of owned tanglble flxed assets
2,967
2,918
Trustees
None of the trustee5 lor any persons connectsd wEth them) recelved any remuneratlon or benefrts from the
charity durlng the year.
10 Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Employment costs
2024
2023
Wages and salarl68
85,453
47,782
Thor8 were no employees who8& 8nnu81 remuneration Wfds mor8 than £60,000.
11 Taxation
Th9 charity is exempt from taxation on its activitie8 bpcau38 all Its income is applled for charftable purpo8e8.
11

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Tanglble fixed assets
Plant and
equlpment
Cost
At 1 January 2024
Additlons
19,450
3,245
At 31 December 2024
22,695
Depreclatlon and Impalrment
At 1 January 2024
Depreciation charged in the year
2,918
2,967
At 31 Decembar 2024
5,885
Carylng amount
At 31 Dec8mber 2024
1S,810
At 31 December 2023
16,532
13 Debtors
2024
2023
Amount8 falllng due withln one year:
Trade debtors
538
973
14 Loans and overdrafts
2024
2023
Bank loans
11,678
13,702
Payable within ono yeaT
Payable after c￿e year
2,000
9,678
2,000
11,702
15 Credltors: amounts falllng due wlthln ona year
2024
2023
Notes
Bank loans
Other taxation and soclal seajiity
Other credltor8
14
2,000
2,611
359
2.000
4,970
2,000
12-

LAUNCH PAD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Credltors: amounts falling due after mor8 than one year
2024
2023
Notès
Bank loans
14
9,678
11,702
17 Unrostricted funds
Th8 unrestrlGted funds of the Gharfty Gomprlse Ihe unexpended balan￿$ ol donatlons end grants which ar@
not subject to speciflc conditions by donors and grantors as to how they may be used. These Include
designated funds whlch have bpen set aslde out of unrestrlcted funds by the trustees for 8pedflc purty)ses.
At 1 January
2024
Incomlng Resources
resourceg
expended
At31
December
2024
General funds
63,446
188,637
{189,234)
62,849
Prevlous year.
At 1 January
2023
Incomin9
resources
Resources
expended
At31
December
2023
General funds
38,485
147,344
(122,383)
63,446
18 Related party tran8actions
There were no dlsclosat4e related party transactlons dutlng the year (2023 - none).
13-