2006 Annual Report - University of Salford

Annual Report &
Financial Statements
Notes to the Accounts
Shares in Group Undertakings at 31 July 2006 represent investments, by the University and/or University of Salford Enterprises
Limited in the following Companies which are all registered and operating in England and Wales.
Company Name Principal Activity Class of Shares % Held % Held
by the by the
University Group
Salford Software Limited Software Marketing Ordinary - 100.0
University of Salford (Health Services Training)
Limited Training Ordinary 100.0 100.0
University of Salford Enterprises Limited Business Development ,
Consultancy and Investment
Management Ordinary 100.0 100.0
Skyscope Limited Dormant Ordinary 100.0 100.0
Crescent Purchasing Limited Purchasing Services Ordinary - 100.0
On 31 January 2006 Unity Marketplace Ltd (a group company that was 100% owned at 31 July 2005) issued further shares
to e – Government Solutions Limited. The effect of this was to dilute the Group’s effective share holding from100% to 40%.
This investment is accounted for using the equity method of accounting.
Trade investments by University of Salford Enterprises Limited and/or University of Salford in Companies registered and
operating in England and Wales comprise:-
Photonics Research Systems Limited Consultancy Ordinary - 24.0
AUR Hydropower Limited Dormant Ordinary - 14.8
The Incubation Partnership Limited Dormant Limited by Guarantee - 25.0
Super Services Limited Marketing Ordinary 2.0 2.0
Sustainability North WestLimited Research Limited by Guarantee 50.0 50.0
Video Arts Limited Media Training Ordinary - 0.2
CVD Technology Limited Industrial Processes Ordinary - 20.0
Learning Expanse Limited E-Learning Software Ordinary - 20.0
The Protocol Lab Limited Construction Industry Software Ordinary - 20.0
Unity Marketplace Limited Software Development Ordinary 40.0 40.0
NFAB Limited Nanotechnology Ordinary 3.1 3.1
Contraception Education Limited Board Game Ordinary - 7.5
Foodparks UK Limited Business Parks Ordinary - 10.0
One Central Park Limited Business Parks Ordinary - 20.0
Innomet Limited Wire Manufacture Ordinary - 10.0
The University also has a small shareholding in CVCP properties plc, a company set up by Universities UK to own its head
office building in central London. The Group’s share of the turnover of this company is not considered to be material.
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