OCU Group - Annual Report 2025

122

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

14. Stocks

17. Creditors falling due within one year

2025 £000

2024 £000

2025 £000

2024 £000

12,035

Stocks

9,182

46,039

Trade creditors

24,585

108,805 46,242 31,115 19,578

Accruals and other creditors

53,886

15. Debtors

Deferred income

20,249

2025 £000

2024 £000

Other taxation and social security

17,884

Contingent/deferred consideration

19,630

Amounts falling due within one year: Trade debtors

5,252 1,484

Hire purchase contracts and finance leases (note 20)

4,642

94,508

54,719

Derivative financial instruments (note 21)

132

165,833

Accrued income and retention

127,184

258,515

141,008

20,825

Prepayments and other receivables

15,357

7,565

Corporation tax receivable

1,821

18. Creditors falling due after more than one year

Deferred tax asset (note 11)

667

8,223

Derivative financial instruments (note 21)

2025 £000

2024 £000

296,954

199,748

13,594

Hire purchase contracts and finance leases (note 20)

6,601

Amounts falling due after more than one year: Other debtors

771

Contingent/deferred consideration (note 27)

6,747

228

14,365

13,348

296,954

199,976

Trade debtors are stated after provisions for impairment of £0.2m (2024: £0.1m).

19. Borrowings

2025 £000

2024 £000

16. Cash and cash equivalents

2025 £000

2024 £000

633,134

Term loan

186,993

— —

Acquisition facility

105,878

77,233

Cash at bank

28,841

Revolving credit facility

56,500

4,304

Accrued interest

9,084

637,438

358,455

4,304

Amount due for settlement within twelve months

65,584

633,134 637,438

Amount due for settlement after twelve months

292,871

358,455

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