# LAR Housing Trust

## Details

- **Country:** Scotland
- **Charity number:** SC044825
- **Status:** Active
- **Legal form:** SCIO (Scottish Charitable Incorporated Organisation)
- **Registered:** April 25, 2014
- **Register:** https://www.oscr.org.uk/about-charities/search-the-register/charity-details?number=SC044825


## Contact

- **Address:** Buchan House, Enterprise Way, Dunfermline
- **Postcode:** KY11 8PL
- **Website:** www.larhousingtrust.co.uk



## Activities

**Activities:** 'It makes grants, donations or gifts to organisations','It carries out activities or services itself'

**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'

**What the charity does:** 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.

**Objectives:** 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.





## Areas of operation

- **Main operating location:** City of Edinburgh
- **Geographical spread:** More than one local authority area in Scotland



## Finances

| Period end | Income | Expenditure | Assets | Employees | Accounts |
|---|---|---|---|---|---|
| March 31, 2025 | £6083000 | £5504000 |  -  | 32 |  |
| March 31, 2024 | £5985000 | £5574000 |  -  |  -  |  |
| March 31, 2023 | £5023000 | £4440000 |  -  |  -  |  |
| March 31, 2022 | £4763000 | £3186000 |  -  |  -  |  |
| March 31, 2021 | £3738000 | £2600000 |  -  |  -  |  |