Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2024-05-01 false 2 true true true true false 2024-05-01 Holding company 0 true false 12246093 2024-05-01 2025-04-30 12246093 2023-05-01 2024-04-30 12246093 2025-04-30 12246093 2024-04-30 12246093 2023-05-01 12246093 5 2024-05-01 2025-04-30 12246093 5 2023-05-01 2024-04-30 12246093 d:Exceptional 2024-05-01 2025-04-30 12246093 d:Exceptional 2023-05-01 2024-04-30 12246093 e:Director1 2024-05-01 2025-04-30 12246093 e:Director1 2025-04-30 12246093 e:Director2 2024-05-01 2025-04-30 12246093 e:Director2 2025-04-30 12246093 e:Director3 2024-05-01 2025-04-30 12246093 e:Director3 2025-04-30 12246093 e:Director4 2024-05-01 2025-04-30 12246093 e:Director4 2025-04-30 12246093 e:RegisteredOffice 2024-05-01 2025-04-30 12246093 d:CurrentFinancialInstruments 2025-04-30 12246093 d:CurrentFinancialInstruments 2024-04-30 12246093 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 12246093 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12246093 d:UKTax 2024-05-01 2025-04-30 12246093 d:UKTax 2023-05-01 2024-04-30 12246093 d:ShareCapital 2025-04-30 12246093 d:ShareCapital 2024-04-30 12246093 d:ShareCapital 2023-05-01 12246093 d:SharePremium 2025-04-30 12246093 d:SharePremium 2024-04-30 12246093 d:SharePremium 2023-05-01 12246093 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 12246093 d:RetainedEarningsAccumulatedLosses 2025-04-30 12246093 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 12246093 d:RetainedEarningsAccumulatedLosses 2024-04-30 12246093 d:RetainedEarningsAccumulatedLosses 2023-05-01 12246093 e:OrdinaryShareClass1 2024-05-01 2025-04-30 12246093 e:OrdinaryShareClass1 2025-04-30 12246093 e:OrdinaryShareClass1 2024-04-30 12246093 e:FRS102 2024-05-01 2025-04-30 12246093 e:Audited 2024-05-01 2025-04-30 12246093 e:FullAccounts 2024-05-01 2025-04-30 12246093 e:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12246093 4 2024-05-01 2025-04-30 12246093 6 2024-05-01 2025-04-30 12246093 f:PoundSterling 2024-05-01 2025-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12246093 OPV 2 LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
OPV 2 LIMITED Company Information
Directors | D Marsh (appointed 22 August 2024)
| E Ryan (appointed 18 November 2024)
Registered number | 12246093
Registered office | 6th Floor
| 33 Holborn
| London
| EC1N 2HT
Independent auditors | Sayers Butterworth LLP
| Chartered Accountants and Statutory Auditor
| 3rd Floor
| 12 Gough Square
| London
| EC4A 3DW
OPV 2 LIMITED Contents
| Page
Directors' Report | 1 - 2
Independent Auditors' Report | 3 - 6
Statement of Comprehensive Income | 7
Balance Sheet | 8
Statement of Changes in Equity | 9
Notes to the Financial Statements | 10 - 16
OPV 2 LIMITED Directors' Report For the Year Ended 30 April 2025 The directors present their report and the financial statements for the year ended 30 April 2025.
Directors
The directors who served during the year were:
A Price (resigned 1 May 2024)
R Handcock (resigned 18 November 2024)
D Marsh (appointed 22 August 2024)
E Ryan (appointed 18 November 2024)
Directors' responsibilities statement
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the directors are required to: ∙select suitable accounting policies for the Company's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Disclosure of information to auditors
Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that: ∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and ∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.
Auditors
The auditors, Sayers Butterworth LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006. Page 1
OPV 2 LIMITED Directors' Report (continued) For the Year Ended 30 April 2025
Small companies note
In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. This report was approved by the board on 6 February 2026 and signed on its behalf.
D Marsh Director
Page 2
OPV 2 LIMITED Independent Auditors' Report to the Members of OPV 2 Limited
Opinion
We have audited the financial statements of OPV 2 Limited (the 'Company') for the year ended 30 April 2025, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: ∙give a true and fair view of the state of the Company's affairs as at 30 April 2025 and of its profit for the year then ended; ∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and ∙have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Page 3
OPV 2 LIMITED Independent Auditors' Report to the Members of OPV 2 Limited (continued)
Other information
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit: ∙the information given in the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and ∙the Directors' Report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors' Report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: ∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or ∙the financial statements are not in agreement with the accounting records and returns; or ∙certain disclosures of directors' remuneration specified by law are not made; or ∙we have not received all the information and explanations we require for our audit; or ∙the directors were not entitled to take advantage of the small companies' exemptions in preparing the Directors' Report and from the requirement to prepare a Strategic Report.
Responsibilities of directors
As explained more fully in the Directors' Responsibilities Statement set out on page 1, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so. Page 4
OPV 2 LIMITED Independent Auditors' Report to the Members of OPV 2 Limited (continued)
Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Discussions were held with, and enquiries made of management and those charged with governance with a view to identifying those laws and regulations that could be expected to have a material impact on the financial statements. During the engagement team briefing, the outcome of these discussions and enquiries were shared with the team, as well as consideration as to where and how fraud may occur in the entity. The following laws and regulations were identified as being of significance to the entity include UK financial reporting standards, Company Law, Tax legislation and distributable profits legislations. It is considered that there are no laws and regulations for which non-compliance may be fundamental to the operating aspects of the business. Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and non-compliance with laws and regulations) comprised of: inquiries of management and those charged with governance as to whether the entity complies with such laws and regulations; enquiries with the same concerning any actual or potential litigation or claims; testing the appropriateness of entries in the nominal ledger, including journal entries; reviewing transactions around the end of the reporting period; and the performance of analytical procedures to identify unexpected movements in account balances which may be indicative of fraud. No instances of material non-compliance were identified. However, the likelihood of detecting irregularities, including fraud, is limited by the inherent difficulty in detecting irregularities, the effectiveness of the entity's controls, and the nature, timing and extent of the audit procedures performed. Irregularities that result from fraud might be inherently more difficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audit has been planned and performed in accordance with ISAs (UK). A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report. Page 5
OPV 2 LIMITED Independent Auditors' Report to the Members of OPV 2 Limited (continued)
Use of our report
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed. Hannah Clegg (Senior Statutory Auditor) for and on behalf of Sayers Butterworth LLP Chartered Accountants and Statutory Auditor 3rd Floor 12 Gough Square London EC4A 3DW 6 February 2026 Page 6
OPV 2 LIMITED Statement of Comprehensive Income For the Year Ended 30 April 2025
| 2025 | 2024
| £ | £
Administrative expenses |  | (1,051) | (78)
Exceptional item | 7 | 3,068,734 | -
Operating profit/(loss) |  | 3,067,683 | (78)
Interest payable and similar expenses | 5 | (1,732,018) | (1,791,199)
Profit/(loss) before tax |  | 1,335,665 | (1,791,277)
Tax on profit/(loss) | 6 | 433,267 | 447,723
Profit/(loss) for the financial year |  | 1,768,932 | (1,343,554)
The notes on pages 10 to 16 form part of these financial statements.
Page 7
OPV 2 LIMITED Registered number: 12246093 Balance Sheet As at 30 April 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Fixed asset investments |  |  | - |  | 22,768,456
|  |  | - |  | 22,768,456
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 9 | - |  | 635,996 |
Cash at bank and in hand | 10 | 312 |  | 42,387 |
|  | 312 |  | 678,383 |
Creditors: amounts falling due within one year | 11 | - |  | (25,215,459) |
Net current assets/(liabilities) |  |  | 312 |  | (24,537,076)
Total assets less current liabilities |  |  | 312 |  | (1,768,620)
Net assets/(liabilities) |  |  | 312 |  | (1,768,620)
Capital and reserves |  |  |  |  |
Called up share capital | 12 |  | 312 |  | 312
Share premium account |  |  | 408,270 |  | 408,270
Profit and loss account |  |  | (408,270) |  | (2,177,202)
|  |  | 312 |  | (1,768,620)
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 February 2026.
D Marsh
Director
The notes on pages 10 to 16 form part of these financial statements. Page 8
OPV 2 LIMITED Statement of Changes in Equity For the Year Ended 30 April 2025
| Called up share capital | Share premium account | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 May 2023 | 312 | 408,270 | (833,648) | (425,066)
Loss for the year | - | - | (1,343,554) | (1,343,554)
At 1 May 2024 | 312 | 408,270 | (2,177,202) | (1,768,620)
Profit for the year | - | - | 1,768,932 | 1,768,932
At 30 April 2025 | 312 | 408,270 | (408,270) | 312
| The notes on pages 10 to 16 form part of these financial statements.
Page 9
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025
1. | General information
OPV 2 Limited (formerly known as Hatch Financial Planning Limited) is a private company limited by shares incorporated in England & Wales. The principal activity of the company is that of an investment company. On 18 November 2024, as a result of intragroup reorganisation, ownership of the company was transferred from Octopus MoneyCoach Limited to Octopus Capital Limited. On 18 November 2024 the company transferred its holding in Octopus Money Financial Solutions Limited to Octopus Money Holdings Limited, as part of a group reorganisation. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Financial Reporting Standard 102 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland": ∙the requirements of Section 7 Statement of Cash Flows; ∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d); ∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); ∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A; ∙the requirements of Section 33 Related Party Disclosures paragraph 33.7. This information is included in the consolidated financial statements of Octopus Group Holdings Limited as at 30 April 2025 and these financial statements may be obtained from 6th Floor, 33 Holborn, London, EC1N 2HT.
| 2.3 | Going concern
Following the restructuring in November 2024, the company has significantly reduced its trade. The company has negligible costs going forward and in the opinion of the Directors, has the resources to meet these liabilities. The ultimate parent has pledged financial support for a period of at least 12 months following the approval of these financial statements. Therefore the Directors have prepared these financial statements on this basis.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Page 10
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025 2.Accounting policies (continued)
| 2.5 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
| 2.6 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
| 2.7 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.11 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Page 11
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
3. | Auditors' remuneration
| Auditors remuneration is borne by Octopus Money Financial Solutions Limited (formerly known as TW11 Wealth Management Limited), a fellow group company. The amount attributable to the statutory audit for this company is £4,500 (2024 - £4,750) and non-audit fees amount to £2,000 (2024 - £1,490).
Page 12
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025
4. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
5. | Interest payable and similar expenses
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Loans from group undertakings | 1,732,018 | 1,791,199
|  | 1,732,018 | 1,791,199
6. | Taxation
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Group taxation relief | (433,267) | (447,723)
|  | (433,267) | (447,723)
| Factors affecting tax charge for the year
| The tax assessed for the year is lower than (2024 - lower than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit/(loss) on ordinary activities before tax | 1,335,665 | (1,791,277)
| Profit/(loss) on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%) | 333,916 | (447,819)
| Effects of: |  |
| Adjustment in research and development tax credit leading to an increase (decrease) in the tax charge | - | 96
| Non-taxable income | (767,183) | -
| Total tax charge for the year | (433,267) | (447,723)
Page 13
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025 6.Taxation (continued)
| Factors that may affect future tax charges
There were no factors that may affect future tax charges.
7. | Exceptional items
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Intercompany loan waived | (3,068,734) | -
|  | (3,068,734) | -
| Following the restructure as described in note 1, Octopus Money Holdings Limited agreed to waive the amounts payable including accrued interest, fees and charges
8. | Fixed asset investments
|  | Investments in subsidiary company
|  | £
| At 1 May 2024 | 22,768,456
| Additions | 3,500,000
| Disposals | (26,268,456)
| At 30 April 2025 | -
Page 14
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025
9. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | - | 635,996
|  | - | 635,996
10. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 312 | 42,387
|  | 312 | 42,387
11. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | - | 25,215,459
|  | - | 25,215,459
12. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 311,972 (2024 - 311,972) Ordinary shares of £0.001 each | 312 | 312
13. | Related party transactions
| The company has adopted the exemption permitted by paragraph 33.1A of FRS 102 and has not disclosed transactions with other group members, where the group members are wholly owned.
Page 15
OPV 2 LIMITED Notes to the Financial Statements For the Year Ended 30 April 2025
14. | Controlling party
On 18 November 2024, as a result of intragroup reorganisation, ownership of OPV 2 Limited (formerly known as Hatch Financial Planning Limited) was transferred from Octopus MoneyCoach Limited to Octopus Capital Limited. The ultimate parent company is Octopus Group Holdings Limited. Both companies are registered in England and Wales. There is no one ultimate controlling party. The parent undertaking of the smallest group of which the company is a member and consolidated financial statements are prepared is Octopus Group Holdings Limited. Copies of consolidated financial statements can be obtained from 6th Floor, 33 Holborn, London, EC1N 2HT.
Page 16