House of Commons

The Register of Members' Financial Interests
As at 12 July 2021

Drax, Richard (South Dorset)

Drax, Richard (South Dorset)

1. Employment and earnings

Director of Morden Estates Company Limited (unpaid after 5 April 2021), The Estate Office, Charborough Park, Wareham, Dorset, BH20 7EN; property company that manages a number of family-owned properties which form part of the Charborough Estate. From 1 October 2014 to 5 April 2021, accommodation at a property in Dorset has been provided to me with an annual value of £47,500 per annum. I received no other remuneration from this company. Hours: approx. 10 hrs per week. (Updated 05 June 2015 and 21 April 2021)

6. Land and property portfolio: (i) value over £100,000 and/or (ii) giving rental income of over £10,000 a year

Woodlands in Dorset: (i) and (ii). (Updated 05 June 2015)

A residential property in Dorset: (i) and (ii). (Updated 05 June 2015 and 11 December 2020)

Two retail commercial properties in Dorset: (i) and (ii). (Updated 05 June 2015 and 11 December 2020)

From 8 April 2019, agricultural land in Yorkshire: (i) and, from 23 April 2021, (ii). (Registered 11 December 2020; updated 23 April 2021) This is a late entry to which the rectification procedure was applied on 26 April 2021. Paragraph 15 of chapter 4 of the Guide to the Rules refers.

7. (i) Shareholdings: over 15% of issued share capital

Morden Estates Company Ltd; property management company (see category 8 below).

ACF Co Holdings Limited; holding company for family businesses. This company owns Abbots Court Farm (Charborough). (Updated 11 December 2020)

AMF Holdings Limited; holding company for family businesses. This company owns Anderson Manor Farm. (Registered 05 June 2020; updated 11 December 2020)

8. Miscellaneous

Beneficiary of a family trust which owns residential property, agricultural land, woodlands and commercial property in Dorset. There are a significant number of properties in each category and some are in joint ownerships with family members and other trusts. They form part of the wider family property businesses known locally as the Charborough Estate. The trust also owns commercial property in Surrey. (Updated 05 June 2015 and 11 December 2020)

Currently administering a business property in Barbados, title to be transferred to me in due course. (Registered 11 December 2020)

Director of Morden Estates Company Limited (unpaid after 5 April 2021), The Estate Office, Charborough Park, Wareham, Dorset, BH20 7EN; property company that manages a number of family-owned properties which form part of the Charborough Estate. (Registered 21 April 2021)

 

Prepared 14th July 2021