Charity Details

LAR Housing Trust

SC044825Registered charity from 25 April 2014

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Charity Information:

Address Buchan House
Enterprise Way
Dunfermline

Postcode KY11 8PL

Website www.larhousingtrust.co.uk

Regulatory Type Standard

Object:

The relief of those in need by reason of age, ill health, disability, financial hardship or other disadvantage: and (as ancillary to that purpose) The advancement of community development; through providing and assisting in the provision of housing for rent at affordable levels and (as ancillary to those primary activities) assisting (whether financially or otherwise) with the development or improvement of public open spaces, and/or other public amenities or facilities, to help to create sustainable and balanced communities in the areas where such afforable housing is located.

Operations:

What the charity is set up to do and how it does this:

Lar was established to provide affordable housing to households that have difficulty accessing social homes yet struggle with high private rents and/or inappropriate housing. Lar uses a novel financing structure to build homes, then rent them out, being entirely loan funded and not being in receipt of any grant finance (unlike RSLs). Lar delivers an average saving of more than £3,600 per household per annum in rent savings - more than £10m of public benefit over the past 5 years alone. Lar now also provides increasing amounts of community facilities and benefits to support our tenants and their communities.

Charity Status: Active

Constitutional Form: SCIO (Scottish Charitable Incorporated Organisation)

Constitutional Form Date: 25 Apr 2014

Main Operating Location: City of Edinburgh

Number of Staff: 32

Number of Charity Trustees: 8

Number of Volunteers: 0

Purposes: "the advancement of citizenship or community development", "the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage"

Beneficiaries: "No specific group, or for the benefit of the community"

Types Of Activity Undertaken: "It makes grants, donations or gifts to organisations", "It carries out activities or services itself"

Annual Submissions:

Year End	Income	Expenditure	Annual Return Received	Accounts Received	Latest Annual Reports and Accounts
31 Mar 2021	£3,738,000	£2,600,000	17 Dec 2021	Yes
31 Mar 2022	£4,763,000	£3,186,000	23 Dec 2022	Yes
31 Mar 2023	£5,023,000	£4,440,000	21 Dec 2023	Yes
31 Mar 2024	£5,985,000	£5,574,000	20 Dec 2024	Yes
31 Mar 2025	£6,083,000	£5,504,000	18 Dec 2025	Yes	Visit Charity's Website
If an annual return has been received on time (within nine months of the Year End Date), the 'Annual Return Received' box is green . If an annual return is late, the box is red .

Income and Expenditure:

Charity Trustees:

First Name	Last Name
Alan	Seabourne
Christa	Reekie
Stuart John	McLaren
Alison	Macdonald
Mikko	Ramstedt-Sinclair
Kenneth	Macintosh
Monica	Gupta
*OSCR is required by law to publish the names of a charity’s trustees and its principal office address as part of the charity’s Scottish Charity Register entry. They are also required to publish the annual report and accounts for each charity, including the names of some individuals. The only exceptions to this are where a charity or one of its trustees applies for this information to be excluded from the Register entry and where OSCR is satisfied that if it were published then the safety or security of a person or premises would be jeopardised.

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