117
Financial statements
OCU Group | Annual report and financial statements 2025
Strategic report
Governance
for the year ended 30 April 2025 Notes to the consolidated financial statements
4. Other operating income
The remuneration disclosed above includes the following amounts paid to the highest paid Director:
2025 £000
2024 £000
2025 £000
2024 £000
834
Research and development expenditure credit
320
120
Remuneration
120
391
Other
115
—
Director’s pension
—
1,225
435
120
120
5. Employees and Directors The average number of persons (including Directors) employed during the year was:
Defined contribution schemes A defined contribution pension scheme is operated for all qualifying employees. The assets of the scheme are held separately from those of the Group in an independently administered fund.
2025 Number
2024 Number
The charge to the profit and loss in respect of defined contribution schemes was £3.3m (2024: £2.2m).
4
Directors
4
At the year end, there was an outstanding creditor balance of £0.8m (2024: £0.3m).
1,556
Construction services
929
6. Remuneration of key management personnel The total remuneration of the Board of Oat Bidco Limited (detailed on page 97), who are considered to be the key management personnel of the Group, was £1.7m (2024: £2.5m), including employer’s pension contributions of £0.1m (2024: £0.1m). Associated employer’s national insurance was £0.2m (2024: £0.9m).
424
Administrative
186
1,984
1,119
Staff costs for the above persons:
2025 £000
2024 £000
111,352
Wages and salaries
59,712
12,964
Social security costs
7,167
3,278
Other pension costs
2,215
127,594
69,094
In respect of the Directors of Oat Topco Limited:
2025 £000
2024 £000
205
Remuneration
198
—
Directors’ pension
—
205
198
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