LARC DEVELOPMENT TRUST Financials
- Company number
- 03493040CopyCopy
- Registered office
- Grange Court, Pinsley Road, Leominster, Herefordshire HR6 8NW
- Incorporated
- 15/01/1998
Company snapshot
- Status
- Active
- Employees
- 9 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
0.28%vs 20222022: £2.88M
Total Assets
0.41%vs 20222022: £5.72M
Cash in Bank
-3.74%vs 20222022: £94.96K
Total Liabilities
13.66%vs 20222022: £30.56K
Employees
+2vs 20222022: 7
In 2023, LARC DEVELOPMENT TRUST reported net assets of £2.89M. The same filing shows total assets of £5.74M, cash in bank of £91.40K and total liabilities of £34.74K. Reported headcount was 9 in 2023. Total Assets rose from £5.72M in 2022 to £5.74M in 2023 (0.41%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
0.28%from £2.88M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures LARC DEVELOPMENT TRUST filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+13.2%vs 2021+6.4% a year compound (CAGR)
Total Assets
+94.9%vs 2021+39.6% a year compound (CAGR)
Total Liabilities
Increasedvs 2021Employees
+125%vs 2021+5Biggest increase
Employees+125%
4 in 2021 to 9 in 2023
Every indicator Okredo holds for LARC DEVELOPMENT TRUST rose between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LARC DEVELOPMENT TRUST's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 50.27%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 0.61%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 263.12%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.59%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £20.43K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LARC DEVELOPMENT TRUST by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 2.55M | 2.88M | 2.89M |
| Total Assets£ | 2.95M | 5.72M | 5.74M |
| Cash in Bank£ | – | 94.96K | 91.40K |
| Total Liabilities£ | -107.34K | 30.56K | 34.74K |
| Employees | 4 | 7 | 9 |
LARC DEVELOPMENT TRUST financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LARC DEVELOPMENT TRUST covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LARC DEVELOPMENT TRUST reported net assets of £2.89M for 2023. That compares with £2.88M in 2022, a change of 0.28%.
LARC DEVELOPMENT TRUST reported total assets of £5.74M for 2023. That compares with £5.72M in 2022, a change of 0.41%.
LARC DEVELOPMENT TRUST reported cash in bank of £91.40K for 2023. That compares with £94.96K in 2022, a change of -3.74%.
LARC DEVELOPMENT TRUST reported 9 employees in 2023, compared with 7 in 2022.
Between 2021 and 2023, LARC DEVELOPMENT TRUST's net assets rose by 13.2%, total assets rose by 94.9% and employee numbers rose by 125%. Net assets compounded at 6.4% a year across the two years to 2023, from £2.55M to £2.89M. Reported headcount went from 4 in 2021 to 9 in 2023 (+5).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.