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2021-12-31-accounts

Trustees report 2 to 7
Trustees responsibilities
statement
Independent
auditors report		 9 toll
Introduction
to the financial statements		 12
Group statement offinancial activities 13
Group balance sheet 14
Trust balance sheet 15
Group cash flow statement 16
Notes to the cash flow statement 17
Notes to the financial statements 18to49

2021 2020
8000 f000
INCOME AND ENDOWMENTS FROM:
Donations and legacies 2,996 1,790
Investment income 122 125
3,118 1,915
EXPENDITURE ON:
Raising funds 98 74
Charitable activitiesi
Financial assistance to Water Park Ltd 743 681
Grant to institutions other than Water Park Ltd 1,266 334
2,107 1,089
Operating surplus 1,011 826
Net gains on investments 10,061 2,907
NKT MOVKMKNT IN FUNDS 11,072 3733

2021 2020
Total funds Total funds
Notes g'000 5'000
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 I
Commercial
trade operation		 176,498 219,167
Charitable
activities
Third party fee income paid to Water Park 200 145
Other income 46 174
Investment
income		 42 45
Total incoming resources 176,787 219,531
RESOURCES EXPENDED
Costs ofgenerating
funds
Raising funds 22 1
Commercial
trade operation		 171,285 212,103
Charitable
activities
Grants to other Charitable
bodies		 1,266 334
Costs ofoperating
Water Park and		 governance
activities 985 993
Total resources expended 173,558 213,431
Gain on revaluation
ofinvestment		 property 4,965 347
Net gains on investments 327 235
NET INCOME $5521 6,682
Other recognised
(losses)/gains
Re-measurement
ofthe net defined		 benefit liability 296 (367)
Share ofcomprehensive
loss ofjoint ventures		 dt associates (1877) (1,999)
Effective portion ofchanges in fair value ofcash flow hedge
Deferred tax on other comprehensive
(income)/loss		 3,713
~81		 (1,049)
466
2,551 (2,949)
Total income for the year 11,072 3,733
RECONCILIATION
OF FUNDS
Total funds brought forward $1,762 78,029
TOTAL FUNDS CARRIED FORWARD 9~2834 81,762

At 31December 2 021
2021 2020
Total funds Total funds
Notes 8'000 OOOO
FIXEDASSETS
Goodwill 15 1,406 1,181
Tangible assets 16 4,081 4,202
Investments
Investments 17 9,473 7,642
Investment
property		 18 8~6335 78,132
101,295 91,157
CURRENT ASSETS
Stocks 19 25,048 24,447
Debtors 20 84,040 80,662
Cash at bank 2~3270 27,628
132458 132,737
CREDITORS
Amounts
falling due within one year		 21 (63,490) (61,759)
NET CURRENT ASSETS 68,868 70,978
TOTAL ASSETSLESSCURRENT
LIABILITIES 170,163 162,135
CREDITORS
Amounts
falling due after more than one year		 22 (67,256) (72,393)
PROVISIONS FORLIABILITIES
Deferred tax liability 26 (6,407) (3,786)
Pensions and sinular obligations 27 (3,594) (4,104)
Other provisions 28 ('72) (90)
NET ASSETS 9~2834 81,762
FUNDS 29
Unrestricted
funds		 9~2834 81,762
TOTALFUNDS
The financial
statements		 were approved by the 9~2834
Board ofTrustees on~~~6		 81,762

TR UST BALANCE SHEET
31December 2021
2021 2020
Total funds Total funds
Notes I'000 8000
FIXEDASSETS
Tangible assets 16 21 24
Investments
Investments 17 86351 76,269
Investment
property		 18 2,250 2,250
88,622 78,543
CURRENT ASSETS
Debtors 20 294 314
Cash at bank 4,107 3,142
4,401 3,456
CREDITORS
Amounts
falling due within one year		 21 (189) (237)
NET CURRENT ASSETS ~4212 3,219
TOTAL ASSETSLESSCURRENT
LIABILITIES 92,$34 81,762
CREDITORS
Amounts
falling due after more than one year		 22
NET ASSETS 92,$34 81,762
FUNDS 29
Unrestricted
funds		 92,834 81,762
TOTAL FUNDS 92,$34 81,762

2021 2020
Notes 8'000 f.'000
Cash flows from operating activities:
Cash generated
from operations		 6,334 11,956
Other comprehensive
income (non-cash)		 (2,551) 2,949
Moveinent
in provisions		 (47$) (528)
Tax paid ~555 68
Net cash received by operating activities 2,750 14,445
Cash flows from investing activities:
Purchase ofintangible
fixed		 assets (371) (1,066)
Purchase oftangible fixed assets (227) (183)
Purchase offixed asset investments (21) (24)
Purchase ofinvestment
property		 (3,238) (3,983)
Acquisition ofjoint venture
Saleoftangible fixed assets 66
Saleofinvestment
property		 470
Saleofinvestment
in associate		 1,439
Repayment ofloans 407 4,265
New loans (1,480) (1,161)
Interest received 3
Dividends
received		 41 192
Net cash used in investing activities 4 $23 ~48)
Cash flows from financing activities:
New loans in year 2,500
Loan repayments
in year		 (2,095) (9,144)
Decrease in directors loan ~190 (380)
Net cash used in financing activities (2,285) (7,024)
Change in cash and cash equivalents in the
reporting
period		 (4,358) (7,373)
Cash and cash equivalents at the beginning of
the reporting
period		 27,628 20,255
Cash and cash equivalents at the end ofthe
reporting
period		 2~3270 27,628

2021 2020
8'000 8'000
Net income for the reporting period (as per the statement offinancial 11,072 3,733
activities)
Adjustments
for:
Depreciation
charges		 437 379
Gain on investments (320) (1,666)
Loss on disposal offixed assets 96
Interest received (3)
Dividends
received		 (41) (42)
Revaluation
ofinvestment		 properties (4,972) (340)
Operating
profit ofjoint ventures		 &associates (1,550) (2,142)
Taxation 3,011 556
(Increase)/decrease
in stocks		 (601) 1,069
(Increase)/decrease
in debtors
Increase/(decrease)
in creditors		 (3,150)
~2448		 14,255
~3939
Net cash provided
by operating		 activities ~6334 11,956
2. ANALYSIS OFCASH AND CASH EQUIVALENTS
2021 2020
f.'000 f.'000
Cash &cash equivalents 23,270 27,628
Total cash and cash equivalents 23,270 27,628

-Freehold buildings 4%on cost
-Leasehold
land and buildings		 4%on cost
-Plant, machinery
and scaffolding		 15%on reducing balance
-Fixtures and fittings 15%on reducing balance
-Motor vehicles 25%on reducing balance
-Computer
equipment		 33%on cost

2021 2020
8'000 f'000
Group turnover 163,853 204,611
Other operating income —rental income 6,105 5,668
Other operating income —CJRS income 501 755
Share ofprofit in Joint Ventures 1,548 2,160
Share ofprofit (loss) in Associates 2 (18)
Profit on disposal
Interest receivable		 ofinvestment
in associate
and similar income		 ~4489 1,424
4,567
176,498 219,167

4. INCOME FRO M CHARITA BLE ACTIVITIES
2021 2020
Activity 8'000 I'000
Water Park fees received Third party fee income paid to Water Park 200 145
5. OTHER INCOME
2021 2020
8'000 f.'000
Local authority grants 27
CJRS grant income received 46 147
46 174
6. INVESTMENT INCOME
2021 2020
8'000 I'000
Other fixed asset investment 42 42
Deposit account interest 3
42 45

Other trading activi ties
2021 2020
X'000 8000
Purchases 22 1
COMMERCIAL TRADE OPERATION EXPENDITURE
2021 2020
g'000 I'000
Cost ofsales 143,377 187,297
Administrative
expenses		 21,979 21,070
Interest payable and similar expenses 2,912 3,171
Tax on profit on ordinary activities 3,011 556
Dividend to minority interest 6 9
171,285 212,103

Grant funding
Direct costs ofactivities Supportcosts Totals
(Seenote 10) (Seenote 11)
f.'000 f'000 f,'000 I'000
Costs ofoperating Water Park 887 887
Governance costs 98 98
Grants to other Charitable bodies 1,266 1,266
887 1,266 98 2,251

GRANTS PAYABLE
2021 2020
I'000 f,'000
Grants to other Charitable bodies
1,266 334
2021 2020
g'000 8000
Grants paid to institutions other than Water Park Limited are categorised into the
following sectors:
Health 272 30
Caters 200 43
Youth 196 33
Elderly 180 25
Child and Family Support 154 10
Mental Health 112
Community Voluntary Services 74 90
Education dt Training 61 86
Other 17 12
1,266 334

2021 2020
g'000 f'000
Recharge ofadministrative resources 52 31
Auditors' remuneration 16 14
Accountancy
and		 legal fees 30 28
Trustees &sundry expenses I
98 74
Audit fees across the group are disclosed as:
2021 2020
K'000 8000
Trust auditor (Fairhurst):
Audit of Trust and Water Park subsidiary 16 14
Hemnead Limited auditor:
Audit of Henmead Limited financial statements 6 6
Audit of financial statements ofsubsidiaries ofHenmead Limited 129 121
Taxation advisory services 23 15
174 156

2021 2020
f'000 f'000
Directors' reinuneration 14958 1,701
Benefits in kind 2 3
Company contributions to money purchase pension plans 31 28
1,991 1,732
Information regarding the highest paid director is as follows:
2021 2020
f'000 f'000
Remuneration 1,114 863
Benefits in kind 23
1114 886
2021 2020
f'000 f'000
1,201 1,022

2021 2020
No. No.
Direct labour 321 310
Administration 389 406
925 716
The aggregate payroll costs ofthese persons were as follows:
2021 2020
8'000 8000
Wages and salaries 29,911 30,762
Social security costs 3,040 2,562
Contributions to defined contribution plans 2 925 2,870
25596 36,194

INTANGIBLE ASSETS
Group Software
8'000
COST
At 1 January 2021 1,198
Additions 371
At 31December 2021 1,569
AMORTISATION
At 1 January 2021 17
Amortisation
charge for year		 146
At 31December 2021 163
NET BOOKVALUE
At 31December 2021 1,406
At 31December 2020 1,181

for the Year En for the Year En ded 31December 2021
16. TANGIBLE FIXEDASSETS
Freehold Long Plant and
Group property leasehold machinery
5'000 5'000 6'000
COST
At 1 January 2021 3,586 515 2,479
Additions 107
Disposals ~156)
At 31December 2021 3,586 515 2,430
DEPRECIATION
At 1 January 2021 303 295 2,067
Charge for year 34 24 114
Eliminated
on disposal		 (107)
At 31December 2021 337 319 2,074
NKT BOOK VALUE
At 31December 2021 3,249 196 356
At 31December 2020 3,283 220 412
Fixtures and Motor
tittings vehicles Totals
g'000 g'000 g'000
COST
At 1 January 2021 2,179 300 9,059
Additions 32 88 227
Transfers to intangible assets
Disposals (16) (172)
At 31December 2021 2,195 388 9,114
DEPRECIATION
At 1 January 2021 1,933 259 4,857
Charge for year 87 24 283
Eliminated
on disposal		 (107)
At 31December 2021 2,020 283 5,033
NKT BOOK VALUE
At 31December 2021 175 105 4,081
At 31December 2020 246 41 4,202

The net book value ofl and and b uildings
in		 tangible fixe d assets and inve stment
prop		 erties
comprises:
2021 2020
5'000 8000
Freehold 57,072 49,033
Long leasehold 32,512 32,382
Short leasehold 196 220
89,780 81,635
Trust Fixtures and
fittings
8000
COST
At 1 January 2021 and 31Deceinber 2021 204
DEPRECIATION
At 1 January 2021 180
Charge for year 3
At 31December 2021 183
NET BOOK VALUE
At 31Deceinber 2021 21
At 31December 2020 24
FIXEDASSETINVESTMENTS
Group Loans to Interests Cash and
Joint in Joint Investment in Share settlements
Ventures Ventures associates portfolio pending Total
5'000 5'000 5'000 5'000 5'000 8'000
COST OR MARKET VALUE
At 1 January 2021 15,000 (158) (2) 3,043 99 17,982
Additions 1,118 362 1 40 1,521
Disposals (20) (20)
New loans provided
Repayment ofloans (407) (407)
Revaluation 327 327
Share ofprofit 13 15
At 31December 2021 15,711 (145) 362 3,371 119 19,418
PROVISIONS
At 1January 2021 (10,340) (10,340)
Moveinent
in provision		 395 395
At 31December 2021 (9,945) ~9,945)
NET BOOK VALUE
AT 31DECEMBER		 2021 5,766 ~145) 362 ~371 119 9473
At 31December 2020 4,660 ~158) ~2) 3,043 99 7,642

Trust
Cash and
Share Unlisted settlements
portfolio investments pending Totals
0'000 0'000 0'000 0'000
FAIRVALUE
At 1 January 2021 3,019 73,151 99 76,269
Additions 2 41 43
Dispoasis (22) (22)
Revaluations 320 9,741 10,061
At 31December 2021 3 361 82 892 118 86331
NET BOOK VALUE
At 31December 2021 3441
At 31December 2020 3019 73,151 99 76269
Percentage Country of Nominal value
Company holding incorporation
Henmead Limited 100 England 100
Water Park Limited 100 England 1

19. STOCKS
Group Group Trust Trust
2021 2020 2021 2020
5000 f000 5000 f000
Work in progress 25,048 24,447
25,048 24,447
20. DEBTORS
Group Group Trust Tilts t
2021 2020 2021 2020
8000 f000 8000 f000
Amounts falling due within one year
Finance lease debtor receivable 1,746 2,015
Trade debtors 20,515 19,676
Amounts
recoverable		 on long term contracts 14,909 13,377
Amounts
due tram subsidiaries		 279 308
Corporation
tax
VAT 15
Prepayments 4,421 4,263
Deferred tax 2,617 2,577
Financial Instruments 165
Other debtors 3.237 1,549
47,610 43,457 294 314
Due after more than one year
Finance lease debtor receivable 35,126 37,205
Trade debtors 1,304
84,040 80,662 294 314

CREDIT ORS: AMOUNTS FALLING DUE WITHIN ONE YE AR
Group Group Trust Trust
2021 2020 2021 2020
f000 f000 f000 f000
Bank loans and overdraft 2,351 2,093
Payments on account 6,689 4,082
Trade creditors 21,230 26,691
Amounts due to subsidiaries 72 90
Taxation and social security 4,846 4,308
Other creditors 14,725 11,180
Accruals and deferred income 8,616 8,181 117 147
Director's loan accounts 5,033 5,224
63,490 61,759 189 237

Group Group Trust Trust
2021 2020 2021 2020
f000 f000 f000 fOOO
Bank loans 54,557 56,909
Deferred Income 5@37 4,574
Financial instruments 7@62 10,910
67,256 72,393

2021 2020
f.'000 f'000
Loans and overdrafts can be analysed as falling due:
In one year or less 2,351 2,093
Between one and two years 17,107 17,351
Between two and five years 17,953 18,608
In five years or more 19 499 20,950
56,908 59,002
Secured creditors can be analysed as follows:
2021 2020
f'000 f'000
Creditors falling due in less than one year
Secured bank loans and overdraft 2 51 2,093

Group Currency Nomiasl interest Year of Repayment 2021 2020
maturity schedule 5000 f000
Term loan 1 5GBP Libor+ 2.7% 2024 Amortising 13,200 13,600
Revolving Revolving Credit
Credit Facility 6GBP Libor+ 2% 2025 Facility 15,000 15,000
Debenture loans 6GBP Libor + 2% Subordinated debt 67 67
Term loan 2 fGBP Libor+ 1% 2024 Amortising 1&979 2,585
Term loan 3 6GBP Libor+ 0.97% 2030 Amorlising 4,907 5,350
Term loan 4 fGBP Libor +2.1% 2037 Amortising 21,755 22,400
56,908 59,002

Group Group Trust Tillst
2021 2020 2021 2020
f000 f000 f000 f000
Amounts fafiing due after more than one year
Other financial liabilities designated as fair value
through
other comprehensive
income		 7,362 10,910
7,362 10,910
Group Group Company Company
2021 2020 2021 2020
Assets f000 f000 f000 f000
Amounts
recoverable		 after more than one year
Other financial assets designated as fair value through
other comprehensive income 165 165
165 165
25. FINANCIAL INSTRUMENTS
(a) Carrying
amount		 of financial instruments
The carrying amounts ofthe financial assets and liabilities include:
Notional Fair value Fair value
amount
f'000		 Maturity
year		 Fixed rate
'/o		 2021
f'000		 2020
f'000
Liabilities measured at amortised cost
Interest rate swap 1 1,986 2024 5.865 (168) (343)
Interest rate swap 2 4,865 2030 5.400 (979) (1,498)
Interest rate swap 3 21,754 2037 4.400 (6,215) (8,980)
Interest rate swap 4 9,000 2024 0.545 (179)
~3362 ~39,919
Fair value asset
Notional Fixed
amount Maturity Rate 2021 2020
f000 Year f000 f000
Assets measured at amortised cost
Interest rate swap 4 9,000 2024 0.545 165

expected to occur a s require d by FRS 1 02.29(a)f or the cash flow hedg e accounting mode ls:
202t 2020
Carrying
Amount
fuss		 Expected
ceeh
flewe
OOOO		 lycee
or less
5OOO		 Its
&2yeere
fOOO		 2te
&Syeeee
fOOO		 5years
esd
over
8000		 Carrying
amount
f000		 Expected
cash
flows
f000		 I year
or less
f000		 I ic
&2yeerx
8000		 2tc
&Syeere
f000		 5yeeix
eiid
cvlx
f000
37,605 15,714 1,907 1,775 4,453 7,579 39,301 17,739 2,025 1,907 4,875 8,932
37,605 15,714 1,907 1,775 4,453 7,579 39,301 17,739 2,025 1,907 4,875 8,932

Deferred tax assets and liabilities
are at		 tributable
to		 the following:
Group Group Trust Tmst
Held in provisions for liabilities and charges 2021
f000		 2020
f000		 2021
f000		 2020
f000
At I January 3,786 3,262
Profit and loss account charge 2,482 576
Ainount recognised in other comprehensive income 139 (52)
At 31 December 6,407 3,786

Held in debtors 2021 2020 2021 2020
8000 OOOO 8000 6000
At 1 January (2,577) (2,064)
Pmfit sod loss accounts charge/(credit) 18 (99)
Amount recognised
in other compmheusive		 income (58) (414)
At 31 December (2,617) (2,577)
Group Group Tl'Ust Trust
Deferred rax liability 2021 2020 2021 2020
f000 OOOO 5000 8000
Accelerated
capital allowances		 3&489 2,576
Other timing differences 105 (52)
Short term timing differences financial instruments (299) 350
Other short term timing differences 3,112 1,612
6,407 3,786
Deferred lax asset 2021 2020 2021 2020
8000 OOOO 5000 F000
Accelerated
capital allowances		 35 30
Other timing difFerences 129 59
Short term timing differences relating to pension
provision 899 799
Short tenn timing difference -financial
instnuneuts 1&554 1,689
2,617 2,577

pension scheme liability is recognised
in full in the balance sheet and detailed below.		 recognised
in full in the balance sheet and detailed below.
The information disclosed below is in respect ofthe whole ofthe plan and for which Henmead Limited is legally
responsible.
2021 2020
8'000 f000
Defined benefit obligation 3,594 4,104
Plan assets
Net pension liability ~3594 4,104
2021 2020
Movements
in		 resent value ofdefined benefit obli ation 8'000 X,'000
At 1 January 4,104 3,993
Interest expense 82 40
Remeasurement:
Benefits paid		 actuarial (gains)/losses (296)
~296		 367
(296)
Net pension liability ~3594 4,104

2021 2020
E
ense reco nised in the SOFA		 8'000 f'000
Net interest on net defined benefit liability 82 40
Total expense recognised in the SOFA 82 40
Principal
actuarial
assumptions		 (expressed as weighted averages) at the year-end were as follows:
2021 2020
%%
Discount mte 2.00 1.00
The last full actuarial valuation was performed on 31December 2021.The amount forthe current and four previou
periods are as follows:
2021 2020 2019 2018 2017
f000's f000's f.000's 8000's f000's
Present value ofscheme liabilities (3,594) (4,104) (3,993) (3,902) (3,999)
Experience adjustments on scheme
liabilities (296) (367) (319) (97) (34)
The assu mptions
are e		 quivalent
to expending
a75 year ol		 d to live for a number ofyears as follows:
2021 2020
Years Years
Female 14 14
Male 12 12
Defined contribution plans

MOVEMENT IN FUNDS
Net movement
At 1/1/21 in funds At 31/12/21
6'000 f.'000 8000
Unrestricted funds
General fund 79,480 11,075 90,555
Designated
fund		 2,268 2,268
Designated
(Stoves)
Wright Lodge fit out costs		 2
12		 ~(3 2
9
81,762 11,072 92,834
TOTAL FUNDS 81,762 11,072 92,834
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
in
resources expended losses funds
6'000 E000 f'000 g'000
Unrestricted funds
General fund 176,787 (173,555) 7,843 11,075
Wright Lodge fn out costs (3) (3)
176,787 (173,558) 7,843 11,072
TOTAL FUNDS 176,787 (173,558) 7,843 11,072
Comparatives for movement in funds
Net movement
At 1/I/20 infunds At 31/12/20
f,'000 I'000 f.'000
Unrestricted Funds
General fund 75,746 3,734 79,480
Designated
fund		 2,268 2,268
Designated
(Stoves)		 2 2
Wright Lodge fit out costs 13 12
78,029 3,733 81,762
TOTAL FUNDS 78,029 3,733 81,762

Incoming Resources Gains and Movement
in
resources expended losses funds
f.'000 f'000 f'000 f'000
Unrestricted funds
General fund 219,531 (213,430) (2,367) 3,734
Wright Lodge fit out costs (1) (1)
219,531 (213,431) (2,367) 3,733
TOTAL FUNDS 219,531 ~213,431) ~2,367) 3733

on-cancellable
operating
lease rentals a		 re payable as follows:
Group Group Trust Tfllst
2021 2020 2021 2020
f000 f000 f000 fOOO
Less than one year 1,275 1,107
Between one sud five years 2,617 2,465
More than five years 19,595 22,526
23,487 26,098

ayments
receivable
under non-cancellabl		 e
leases are as follows:
Group Group Trust Trust
2021 2020 2021 2020
f000 fOOO f000 fOOO
Less than one year 5,571 5,442
Between one aud five years 15,022 16,645
More than five years 54,025 45,159
74&618 67,246

eceivab le at the e nd of the reporting pe riod are as follo ws:
Minimum Minimum
lease lease
receivable Interest Principal receivable Interest Principal
2021 2021 2021 2020 2020 2020
f000 f000 5000 fOOO f000 6OOO
Within one year 4,630 2,884 1,746 5,016 3,001 2,015
Greater than one year
and less than two years 4,769 2&737 2,032 4,656 2,857 1,799
Greater than two years
and less than five years 14,909 7,080 7&829 14,768 7,585 7,183
Greater than five years 36485 11,120 25465 41,280 13,057 28,223
60,693 23&821 36,872 65,720 26,500 39,220

RELATED PARTY DISCL
R~ld		 RELATED PARTY DISCL
R~ld		 OSURE S
The following
is the identity		 ofrelated parties ofthe Group.
Company/entity Portion ofordinary shares beld
Subsidiary
undertakings
Henmead Liraited" 100%
Eric Wright Gmup Limited 100%
Eric Wright Construction
Limited		 100%
Eric Wright Partnerships Limited (formerly Eric 100%
Wright Health and Care Limited)
Eric Wright Civil Engineering Limited 100%
Maple Grove Developments Limited 100%
Eric Wright Investments
Limited		 10P'/ Dormant
Maple Grove Investments Limited 100%
Stonecross Enterprises
Limited		 100%
Elltech Limited 95%
Sceptre Nursery
Limited		 100%
Eric Wright Commercial Limited 100% Dormant
Skemtech Limited 95%
Fleetwood PPP Limited 100%
Cobco 494 Limited 100%
Cobco 450 Limited 100%
Eric Wright FM Lunited 100%
Eric Wright Homes Limited 100%
Maple Grove Residential Limited 100%
Applethwaite
Limited		 100%
Eric Wright Developments 100%
Eric Wright Water Limited 1PP%
EWGN Blackpool PSPLimited 8P% Dormant
Blackpool LEP Limited 64%
Highfield PFIHoldco Linuted 72% Dounant
Highfield PFI SPVLimited 72%
Samlesbury
Developments		 Limited 100% Dormant
Joint ventures
Foundation
for Life Limited		 60%
Leigh Holdco Limited 60% Dormant
Leigh Fundco Limited 60%
Pacific Shelf 888 Limited 60%
Pemberton
Care Limited		 60%
Pinco 2033 Limited 60%
Pinco 2206 Limited 60%
Pimco 2401 Liiuited 60%
FFLCapital Projects Limited 60% Dormant
East Lancashire Building Partnership Limited 60%
Blackburn Holdco Limited 60% Dormant
Blackburn Fundco Limited 60%
Rossendale LIFT Limited 60%
Pinco 2223 Limited 60%
Pimco 2297 Linuted 60%
Inhoco 2952 Limited 60%
Pimco 2451 Limited 60%
East Lancashire
Capital Projects Limited		 60%
Brahm LIFT Linuted 60%

RELATED PARTY DISCL OSURES — continued
Company/entity Portion ofordinary shares held
Subsidiary
undertakings
Brahm Intermediate
Holdco		 1 Limited 60% Dormant
Brahm Fundco
1 Limited		 60%
Brahm Intermediate
Holdco		 2 Limited 60% Dormant
Brahm Fundco 2 Limited 60%
Bolton Holden
1 Liinited		 60% Dormant
Bolton Fundco
1 Limited		 60%
Brahm Capital Projects Limited 60% Dormant
Booths Partnership
Limited		 50%
Regional
and Local Education Partnership		 Limited 26% Dormant
Tri link 140Holdings
I LLP		 50%
Tri Link 140Holdings
2 LLP		 50%
Winsford Holdings
1LLP		 50%
Winsford Holdings 2LLP 50%
Holbeck Homes (Cartmel) Limited 50%
Glenholme
Wrightcare
Limited		 50%
Glenholme
Senior Living (Bispham Gardens)
Limited 50%
Associates
Deeside Regeneration
Limited		 24.9%

Henmead Goods and services Goods and services Balance outstanding
shareholding supplied at the end ofthe year
2021 2020 2021
2020
8000's fpptys 8000's
OOOO's
During
the year subsidiaries		 of Henmead of Henmead Limited Limited supplied supplied construction construction services to the following services to the following companies companies in
which the Group has an interest. These services were provided by Eric Wright Construction Limited.
Blackpool Local Education Partnership Limited 64% 1,090 2,994 149
During the year subsidiaries ofHenmead Limited supplied hard FM services to the following companies in which
Eric Wright Group Limited has an interest. These services were provided by Eric Wright FM Limited.
Blackpool Local Educagon Partnership Limited 64% 94
Blackbum Fundco Limited 60% 422 276
Bolton Fundco
1 Limited		 60% 340 321
Brahm Fundco
1 Limited		 p 667 654
Brahm Fundco 2 Liinited 60% 528 483
Highfield PFI SPV Limited 72% 512 403
Inhoco 2952 Limited 6P% 911 911
Leigh Fundco Limited 60% 273 269
Pacific Shelf 888Limited 60% 36 35 15
Pemberton
Care Limited		 60% 111 110 22
Pimco 2297 Limited 60% 80 98
Pimco 2401 Limited 60% 148 145
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Related
art
transactions
Henmead Goods and services Balance outstanding
shareholdlng supplied at the end ofthe year
2021 2020 2021 2020
8000's f000's 8000's $000's
Pimco 2451 Limited 60% 479 404
Pinco 2033 Limited 60% 483 474
Pinco 2206 Limited 6Q% 289 286
Pinco 2223 Limited 6Q% 634 555
Rossendale Lift Limited 60% 411 404
During the year subsidiaries ofHenmead Limited provided management services to the following companies in
which Eric Wright
Group		 Limited has an interest. These services were provided by Eric Wright Partnerships
Limited.
Blackbum Fundco Limited 60% 20 20
Blackpool Local Education Partnership 64% 26
Limited
Bolton Fundco
1 Limited		 60% 118 72
Brahm Fundco
1 Limited		 60% 195 125
Brahm Fundco 2 Limited 60% 162 97
Brahm Lift Limited 60% 111 94
lnhoco 2952 Limited 60% 290 132
Leigh Fundco Limited 6Q% 50 49
Pacific Shelf Limited 6Q% 9 9
Pemberton
Care Limited		 60% 31 30
Pimco 2297Limited 60% 10 9
Pimco 2401 Limited 60% 72 46
Pimco 2451 Limited 60% 85 78
Pinco 2033 Limited 60% 224 108
Pince 2206 Limited 60% 115 88
Pinco 2223 Limited 60% 86 81
Rossendale
Lift Limited		 60% 28 25
East Lancashire
Building Partnership		 Limited 60% 77 15
Foundation
for Life Limited		 60% 90 28
Glenhome
Wrightcare
Ltd		 50% 16 79