Hendre Limited is a ‘not for profit’ organisation administered by the Board and is registered as a charitable housing association (No.29386R) under the Co-operative and Community Benefits Societies Act 2014 and is registered with the Welsh Government (No. L132).
The Registered Office of the Association is St Hilary Court, Copthorne Way, Culverhouse Cross, Cardiff, CF5 6ES.
Hendre Limited has a thirty per cent equity investment in the Welsh Housing Partnership and WHP2.
Hendre Limited and its subsidiaries are members of Community Housing Cymru.
Structure of group
Hendre Limited is the parent organisation of the Hendre Group.The Group comprises Hendre Limited (the ‘parent’), Hafod Housing Association Limited, Hafod Resources Limited, Foundation Housing Tai Sylfaen (the ‘subsidiaries’) and Yellow Wales, a subsidiary of Hafod Housing Association Limited.
- Hafod Housing Association Ltd (registered number IP18766R) is registered under the Co- operative and Community Benefit Societies Act 2014 and is registered as a registered sociallandlord with the Welsh Government.
- Hafod Resources Limited is registered under the Companies Act. Hendre Limited is the soleshareholder in Hafod Resources Limited.
- Foundation Housing Tai Sylfaen is a non- registered social landlord, registered under the Co-operative and Community Benefit Societies Act 2014.
- Yellow Wales is a registered charity and a company limited by guarantee.
All members of the Group are ‘not for profit’ organisations with the exception of Hafod Resources Limited. The subsidiaries, with the exception of Hafod Resources Limited, are registered under charitable rules and consequently their activities will be exempt from corporation tax under current legislation.
Hendre Limited’s subsidiaries are administered by separate boards. Hendre Limited exercises its parental control over its subsidiaries by having the ability to appoint, at any time, the majority of members onto each of the boards of its subsidiaries.
Hendre Limited, as sole shareholder, appoints all members to the board of Hafod Resources Limited.