Option 2 — Wholly Owned Subsidiary
YWT creates a new company it owns entirely. The subsidiary becomes the SLE, legally separate from YWT.
How it works
would create a new company it owns and controls entirely — either or by guarantee. This subsidiary becomes the . It is legally separate from YWT, but YWT retains ownership. In practice, banks are likely to require YWT guarantees. At least one natural-person director required.
Strongest if you value:
Ring-fencing project liabilities. Full commercial trading freedom. Clear separation between charity and project. Unrestricted profit distribution. Quick low-cost new entity. Landowner governance without broader YWT duties.
What this means for your holding
Under Option 2, a new company owned by YWT holds the contract. Your land stays yours. The key difference for your holding is that scheme liabilities are ring-fenced from YWT's other work — but you lose direct access to charitable grants and tax reliefs that Option 1 provides. You may be offered a director role in the subsidiary.