Financial statements
Strategic report
Governance
122 OCU Group Annual report and financial statements 2026
Notes to the consolidated financial statements continued for the year ended 30 April 2026
13. Tangible assets
Land and buildings £000
Plant and machinery £000
Leasehold improvements £000
Fixtures and fittings £000
Motor vehicles £000
Assets under construction £000
Total £000
Cost At 1 May 2025
1,520
54,224
2,911
6,977
2,842
349
68,823
On acquisition
— 23,761
23
242
1,942
— 25,968
Measurement period adjustment (note 27)
—
(669)
—
—
—
—
(669)
Additions
350
30,300
856
3,494
3,707
182
38,889
Transfers
—
691
(17)
(327)
(3)
(344)
—
Disposals
— (11,571)
(159)
(270)
(2,048)
— (14,048)
Currency exchange difference
—
1,758
(65)
89
144
2
1,928
At 30 April 2026 Depreciation At 1 May 2025
1,870
98,494
3,549
10,205
6,584
189
120,891
(68)
(12,349)
(930)
(2,316)
(333)
— (15,996)
Charge for the year
(80)
(14,672)
(353)
(2,386)
(2,092)
— (19,583)
Transfers
—
(272)
—
272
—
—
—
Disposals
—
7,681
123
263
1,790
—
9,857
Currency exchange difference
—
(124)
—
(1)
(2)
—
(127)
At 30 April 2026 Net book value At 30 April 2026
(148)
(19,736)
(1,160)
(4,168)
(637)
— (25,849)
1,722
78,758
2,389
6,037
5,947
189
95,042
At 30 April 2025
1,452
41,875
1,981
4,661
2,509
349
52,827
On acquisition assets have been recognised at fair value; further details are provided in note 27.
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