XML 60 R48.htm IDEA: XBRL DOCUMENT
v3.22.1

Loans from related parties (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Loans from related parties |
Summary of loans from related parties | ​
​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31,
​ | ​ | 2021 | ​ | 2020
​ | ​ | £ 000 | ​ | £ 000
Current loans and borrowings |  |  |  |
Loans from related parties |  | — |  | 6,309
​ Loans from related parties represents a loan from Imagination Industries Ltd, a company wholly owned by Stephen Fitzpatrick. Movements in the year were as follows: ​
​ | ​ | ​ | ​ | ​
​ |  | 2021 |  | 2020
​ | ​ | £ 000 | ​ | £ 000
As at January 1 |  | 6,309 |  | —
Amounts advanced |  | 2,945 |  | 5,600
Interest charged |  | 483 |  | 709
Amounts repaid | ​ | (737) | ​ | —
Conversion to equity | ​ | (9,000) | ​ | —
As at December 31 |  | — |  | 6,309
During the year loans was issued to Microsoft Corporation and Rocket Internet SE. Movements in the year were as follows: ​
​ | ​ | ​
​ |  | 2021 £ 000
As at January 1 | ​ | —
Amounts advanced |  | 25,000
Interest charged |  | —
Amounts repaid |  | —
Conversion to equity |  | (25,000)
As at December 31 |  | —

X
- Definition n/a + References No definition available. + Details
Name: | evtl_IfrsDisclosureOfLoansFromRelatedPartyAbstract
Namespace Prefix: | evtl_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2021-01-01 -Paragraph 18 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&anchor=para_18&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration