Notes to the Financial Statements continued for the year ended 31 May 2021
33 Investments in subsidiary undertakings
Shares in Group undertakings £m
Company
At 1 June 2019
75.2
Increase in subsidiary investment for share-based charges
3.1
At 31 May 2020
78.3
2.8
Increase in subsidiary investment for share-based charges
70.7
Investment in subsidiary undertakings
At 31 May 2021
151.8
On 26 May 2021, the Company acquired 70,700,000 ordinary shares of £0.01 in NCC Group Holdings Limited for a consideration of £70,700,000. Fixed asset investments are recognised at cost. The undertakings in which the Company has a 100% interest at 31 May 2021 are as follows:
Subsidiary undertakings
Country of incorporation
Principal activity
Registered office
NCC Group Holdings Limited
England and Wales Holding company
XYZ Building, 2 Hardman Boulevard, Spinningfields, Manchester M3 3AQ (XYZ)
NCC Group (Solutions) Limited NCC Group Corporate Limited NCC Group Finance Limited
England and Wales Holding company
XYZ 1
England and Wales Corporate cost centre XYZ 1
England and Wales Financing company
XYZ 1 XYZ 1 XYZ 1 XYZ 1
The National Computing Centre Limited England and Wales Dormant NCC Group Software Resilience Limited England and Wales Holding company
NCC Group Software Resilience (UK) Limited
England and Wales Holding company
NCC Services Limited
England and Wales Software Resilience and central/ head office costs
XYZ 1 XYZ 1
NCC Group Escrow Limited NCC Group Software Resilience (Europe) BV
England and Wales Dormant
Netherlands
Holding company
Van Heuven Goedhartlaan 13A, 1181LE Amstelveen, the Netherlands
NCC Group GmbH
Germany
Software Resilience c/o Deloitte Legal Rechtsanwaltsgesellschaft mbH, Rosenheimer Platz 6, 81669, Munich, Bavaria, Germany Software Resilience Van Heuven Goedhartlaan 13A, 1181LE Amstelveen, the Netherlands Software Resilience Ibelweg 18A, 6300 Zug, Switzerland
NCC Group Escrow Europe BV
Netherlands
NCC Group Escrow Europe (Switzerland) AG NCC Group Software Resilience (MEA-APAC) Limited
Switzerland
England and Wales Holding company
XYZ 1
NCC Group FZ-LLC
United Arab Emirates
Software Resilience Office 30, Building 16, Dubai Internet City, Dubai, UAE
NCC Group Cyber Security Limited
England and Wales Holding company
XYZ 1 XYZ 1 XYZ 1 XYZ 1 XYZ 1 XYZ 1 XYZ 1
NCC Group Cyber Security (UK) Limited England and Wales Holding company
NCC Group Security Services Limited
England and Wales Assurance England and Wales Assurance England and Wales Assurance England and Wales Assurance England and Wales Assurance
NCC Group Audit Limited ArmstrongAdams Limited
NCC Group Signify Solutions Limited NCC Group Accumuli Security Limited
182
NCC Group plc — Annual report and accounts for the year ended 31 May 2021
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