ucisa Services Limited (USL) (company no. 08818902) was incorporated as a wholly-owned subsidiary of ucisa CCLG (registered charity no. 1161218) so as to be able to trade in support of ucisa’s charitable objective, as set out in its Memorandum and Articles of Association, and gift any surplus back to the parent charity. USL aims to do this by receiving ucisa’s strategy, aims, objectives and plans and developing and delivering its own strategy, in support of those strategy, aims, objectives and plans. Specifically, it will receive business cases for the running of events and other trading activities and decide whether to support those initiatives or not. It will periodically, and at least annually, report on USL’s activities to the ucisa Board of Trustees; and ensure that USL operates in the most tax efficient way so as to maximise its charitable gift back to ucisa.