XML 20 R11.htm IDEA: XBRL DOCUMENT v3.22.2

Finance income(costs)

6 Months Ended

Jun. 30, 2022

Finance income/(costs)

Finance income/(costs)

6Finance income/(costs)

​

​	​	​	​	​
​		6 months ended		6 months ended
​	​	June 30,	​	June 30,
​	​	2022	​	2021
​	​	£ 000	​	£ 000
Interest paid on convertible loan notes		(7,005)		—
Interest on loans from related parties		—		(483)
Foreign exchange loss		(12,981)		—
Fair value movements		—		(3)
Interest expense on leases		(67)		(34)
Other		(10)		—
Total finance costs		(20,063)		(520)

6Finance income/(costs) (continued)

​

​	​	​	​	​
​		6 months ended		6 months ended
​	​	June 30,	​	June 30,
​	​	2022	​	2021
​	​	£ 000	​	£ 000
Fair value movements on convertible loan notes (note 13)		38,124		—
Fair value movements on warrant liabilities (note 11)		4,373		—
Total finance income		42,497		—

​

Interest on loans from related parties represented the interest charges by Imagination Industries Ltd, a company wholly owned by Stephen Fitzpatrick.

X

- References

No definition available.

+ Details

Name:	evtl_FinanceCostAbstract
Namespace Prefix:	evtl_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of finance income (cost). [Refer: Finance income (cost)]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2021-01-01
-Paragraph 10
-Subparagraph e
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration