Interpath Advisory to oversee Arran Development Trust administration

Interpath Advisory has been appointed to oversee the administration of Arran Development Trust, a charity that looks to further sustainable development for the Isle of Arran community. 

James Dewar and Alistair McAlinden from the firm were appointed as joint administrators on 7 August 2025.

Arran Development Trust recently completed the development of 18 affordable ‘General Needs Workers Homes’ in the village of Lamlash.

However, over the past 12 to 18 months, it has “weathered a number of issues which have impacted its financial stability”, according to Interpath. 

This has included delays in the availability of contractors and the delivery of materials from the Scottish mainland as a result of disruption to the island’s ferry service, as well as delays and damage to developments as a result of Storm Eowyn.

In addition, it was hit by “more general” issues including the rising cost of building materials and labour, and high interest rates.

With the charity’s funding position worsening, the trustees have “worked tirelessly to explore their options”, including exploring the potential to raise new finance.

Following rising creditor pressure, it “had to take the difficult decision to seek the appointment of administrators”.

Alistair McAlinden, head of Interpath in Scotland and joint administrator, said: “The availability of affordable housing in Arran has been a long-standing issue, and so it’s against this backdrop that Arran Development Trust has played a vital role in the delivery of homes for the benefit of the island community. 

“It’s an enormous shame, therefore, that a combination of external factors and economic headwinds have resulted in the charity having to file for administration. Our priority over the coming days and weeks will be to work with all stakeholders, including residents and the Charity’s creditors, to find the best way forward.”