LAR OPERATIONS CICActive
Key figures
Ratios
2021/22Balance sheet structure
Filed accounts2020/21–2021/22
| 2020/21 | 2021/22 | |
|---|---|---|
| Turnover | 132,036 | 155,836 |
| Cash at bank and in hand | 32,483 | 16,806 |
| Total assets | 1,093,526 | 1,168,818 |
| Total liabilities | 994,012 | 1,003,913 |
| Net assets / total equity | 87,440 | 141,772 |
| Average number of employees | 0 | 1 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2022The company owned and managed a commercial office building, Buchan House in Dunfermline throughout the period, providing office accommodation to eleven small businesses including its parent charity Lar Housing Trust. The company continued with a programme of upgrades and improvements to the building and its services whilst maintaining a low-cost base to the tenants' benefit.The company owns a commercial unit Blairgowrie which is leased to Scotmid Co-op trading as Semi-chem. This ensures that the community can continue to benefit from a vibrant high street and amenities for the local community, including the parent charity's tenants.The company continued to factor one residential development, Elfin Square in Edinburgh where the parent charity also owns a number of units. This ensures that the owners and residents can benefit from a well-maintained building, responsive and customer focused service, and cost efficiencies that come from using Lar and CIC's contractors. There has been regular communication with owners and several improvements havebeen undertaken in consultation with the owners and residents.
As described in the company's latest filed accounts.
Summary: LAR OPERATIONS CIC
Company
LAR OPERATIONS CIC is a community interest company registered with Companies House under company number SC591592. It was incorporated on 16 Mar 2018. Its status is active. The registered office is in Dunfermline (KY11). Its nature of business (SIC 2007) is factoring (64992), other letting and operating of own or leased real estate (68209), management of real estate on a fee or contract basis (68320).
Accounts
The latest accounts in the database are for 2021/22 (period ending 31 Mar 2022); the company files small company accounts. Turnover was £155,836. Net assets were £141,772, up 62.1% on the previous year. Cash at bank and in hand was £16,806. Total assets were £1,168,818 and total liabilities £1,003,913. The company had an average of 1 employee. Figures are available for 2 financial years (2020/21–2021/22).
Control and charges
3 persons with significant control are registered. 1 of 1 registered charges are outstanding.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 29 Mar 2027.