OCU Group - Annual Report 2025

133

Financial statements

OCU Group | Annual report and financial statements 2025

Strategic report

Governance

for the year ended 30 April 2025 Notes to the parent company financial statements

2. Fixed asset investments

4. Called up share capital

2025 £000

2024 £000

Nominal value £

2025 £000

2024 £000

Cost At 1 May

Number

189,169

189,169

Allotted, issued and fully paid Ordinary shares

Additions

11,135,406 111 The Company’s ordinary shares, which carry no right to fixed income, each carry the right to one vote at general meetings of the Company. 0.01 111 Share premium Consideration received for shares issues above their nominal value net of transaction costs. In the prior year, the Company undertook a statutory reduction of capital by reducing its share premium account by £10m using the solvency statement procedure permitted under sections 641(1)(a) and 642 to 644 CA 2006. 5. Ultimate controlling party At 30 April 2025, the Company’s ultimate parent undertaking is Triton Managers V Limited, a company registered in Jersey, with registered address Cooil House, 5-6 Esplanade, 1st Floor, St. Helier, Jersey JE2 3QA. Oat Topco Limited is the largest group for which consolidated accounts are prepared, with registered office Artemis House, 6-8 Greek Street, Stockport, England, SK3 8AB.

At 30 April

189,169

189,169

Net book value At 30 April

189,169

189,169

Details of the Company’s direct subsidiaries at 30 April 2025 are as follows:

Company name

Company number

Principal activity

Oat Holdco Limited

14176503

Holding company

The subsidiary is 100% owned.

Oat Holdco Limited is incorporated in England and Wales. The registered office of this subsidiary is Artemis House, 6-8 Greek Street, Stockport, SK3 8AB.

The Company’s indirect subsidiaries are listed in note 24 in the consolidated financial statements.

3. Debtors: amounts falling due within one year

2025 £000

2024 £000

76 76

Amounts owed by Group undertakings

76

76

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