Page 67 - DWF Annual Report 2017
P. 67

Notes to the Financial Statements


            Year ended 30 April 2017 (continued)







            10. INVESTMENTS                                               Group       Group       LLP         LLP
                                                                           2017        2016       2017       2016
                                                                           £’000      £’000      £’000       £’000
                                              Subsidiary undertakings
                                                        At 1 May 2016         -           -       423           8

                                                            Additions         -           -       645         415
                                                      At 30 April 2017        -          -       1,068        423
                                           Other investments and loans
                                                        At 1 May 2016         -           -          -          -
                                                            Additions       254           -       143           -
                                                      At 30 April 2017      254          -        143           -
                                                               Total        254          -       1,211        423



            During the year the Group acquired 10% of the issued share capital of Dealscoper Limited comprising of 28,650 ordinary
            shares for consideration of £203,988. The Group also acquired issued share capital of SKIL Global Ports & Logistics for
            a consideration of £50,000 for 500,000 ordinary shares at £0.10 each.


            GROUP INVESTMENTS

            The parent LLP and the Group have investments in the following subsidiary undertakings.
                                                 Registered      Principle place of                 Nature of  Proportion of
                                                   address            business                       business  ownership
                                      Subsidiaries
                                           Direct
                        Davies Wallis Foyster Limited***  i    United Kingdom                     Non trading  100%
                              Resolution Law Limited*  i       United Kingdom                       Dormant  100%
                       DWF Pension Trustees Limited***  viii   United Kingdom  Provision of pension trustees services  100%
                             Davies Wallis (unlimited)*  i     United Kingdom                       Dormant  100%
                              DWF Solicitors Limited*  i       United Kingdom                       Dormant  100%
                          DWF (Nominees) 2013 Limited*  i      United Kingdom                       Dormant  100%
                              DWF (Trustee) Limited*   i       United Kingdom                       Dormant  100%
                         Bailford EBT Trustees Limited*  ix    United Kingdom                       Dormant  100%
                             Bailford Trustees Limited*  ix    United Kingdom                       Dormant  100%
                       DWF Directors (Scotland) Limited*  ix   United Kingdom                       Dormant  100%
               DWF Secretarial Services (Scotland) Limited*  ix  United Kingdom                     Dormant  100%
                        DWF Trustee (Scotland) Limited*  ix    United Kingdom                       Dormant  100%
                       DWF Connected Services Limited  i       United Kingdom                       Dormant  100%
                                   DWF (TG) Limited    i       United Kingdom                       Dormant  100%
                      DWF Germany Holding GbR **/***  iv            Germany                     Law services  100%
                                   DWF (Dublin) ***   iii    Republic of Ireland                Law services  100%
                            DWF (Middle East) LLP ***  v   United Arab Emirates                 Law services  100%
                                      DWF (NI) LLP    vi       Northern Ireland                 Law services  100%
                                 DWF (France) AARPI  vii              France                    Law services  100%


                                                                                                                 67
   62   63   64   65   66   67   68   69   70   71   72