OpenCharities

Portsmouth Area Regeneration Trust

Portsmouth Area Regeneration Trust, Parity Trust, Parity Trust, Part, South Coast Money Line

Country
England & Wales
Charity number
1079454
Status
Registered
Registered
Feb. 18, 2000
Legal form
Charitable company
Area of benefit
The South East Of England

Address

Address
Parity Trust
Suite 73
1 Port Way
Port Solent
PORTSMOUTH
PO6 4TY

Activities

Parity Trust provide secured loans and mortgages. Loan are available for homeowners that need repairs, improvements or necessary adaptations. Mortgages are available for; people wishing to move to a more suitable property for their needs in later life and Shared Ownership mortgages enabling first time buyers to enter the property market.

Objects: The Promotion For The Public Benefit Of Urban Or Rural Regeneration In Areas Of Social And Economic Deprivation In The United Kingdom By All Or Any Of The Following Means:a) The Relief Of Povertyb) The Relief Of Unemploymentc) The Advancement Of Education, Training Or Retraining, Particularly Among Unemployed People.d) The Provision Of Financial Assistance, Technical Assistance Or Business Advice Or Consultancy In Order To Provide Training And Employment Opportunities For Unemployed People In Cases Of Financial Or Other Charitable Need Through Help:(i) In Setting Up Their Own Business; Or(ii) To Existing Businessese)the Provision Or Assistance In The Provision Of Recreational Facilities For The Public At Large Or Those By Reason Of Their Youth, Age, Infirmity Or Disablement, Poverty Or Social And Economic Circumstances, Have Need Of Such Facilities;f) The Provision Of Advice And Services To Those In Receipt Of Benefits And Those Who Are Both Low Waged And Un-Waged.g) The Provision And Improvement Of Housing And Any Associated Amenities For Persons In Necessitous Circumstances Upon Terms Appropriate To Their Means Provided That Such Power Shall Not Extend To Relieving Any Local Authorities Or Other Bodies Of A Statutory Duty To Provide Or Improve Housing.

Classification

How
Provides Other Finance, Provides Advocacy/advice/information
What
The Prevention Or Relief Of Poverty, Accommodation/housing, Environment/conservation/heritage, Economic/community Development/employment
Who
Elderly/old People, Other Charities Or Voluntary Bodies, Other Defined Groups

Areas of operation

Region
Throughout England

Finances

Period end Income Expenditure
March 31, 2025 £11,657 £49,526
March 31, 2024 £15,171 £226,392
March 31, 2023 £17,500 £36,007
March 31, 2022 £16,000 £9,857
March 31, 2021 £13,658 £20,456

Trustees

Name Appointed
James Robert Culverwell (Chair) April 24, 2017
Jonathan Edward McQuiston July 24, 2024
Simon Andrew Frost Feb. 13, 2024
Sandra Dalby-Hopkins Aug. 24, 2022