XML 57 R41.htm IDEA: XBRL DOCUMENT
v3.23.2

Expenses by nature (Details) - GBP (£) £ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022
Expense by nature |  |
Related party administrative expenses | £ 42 |
Total administrative & research and development expenses |  |
Expense by nature |  |
Total administrative and research and development expenses | 51,808 | £ 42,862
Research and development expenses |  |
Expense by nature |  |
staff costs (excluding share-based payment expenses) | 11,882 | 6,689
Research and development consultancy | 7,449 | 7,936
Research and development components, parts and tooling | 8,169 | 4,771
Total expenses by nature | 27,500 | 19,396
Administrative expenses |  |
Expense by nature |  |
staff costs (excluding share-based payment expenses) | 5,547 | 5,736
Share based payment expenses | 7,056 | 7,294
Consultancy costs | 1,340 | 990
Legal and financial advisory costs | 1,125 | 1,476
IT hardware and Software costs | 3,085 | 1,665
Related party administrative expenses | 42 |
Insurance and premises expenses | 1,913 | 2,119
Other administrative expenses | 2,883 | 3,157
Expense on short term leases |  | 8
Depreciation expense | 412 | 260
Amortisation expense | 578 | 572
Depreciation on right of use property assets | 327 | 189
Total expenses by nature | £ 24,308 | £ 23,466

X
- Definition The amount of administrative expense in related party transactions. + References No definition available. + Details
Name: | evtl_AdministrativeExpenseRelatedPartyTransactions
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of consultancy costs incurred during the period. + References No definition available. + Details
Name: | evtl_ConsultancyCosts
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of employee benefits expense excluding share-based payment expenses + References No definition available. + Details
Name: | evtl_EmployeeBenefitsExpenseExcludingShareBasedPaymentExpenses
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Expense of components, parts and tooling + References No definition available. + Details
Name: | evtl_ExpenseOfComponentsPartsAndTooling
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of expenses for IT hardware and software costs incurred by the entity. + References No definition available. + Details
Name: | evtl_ItHardwareAndSoftwareCosts
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of Legal and financial advisory costs. + References No definition available. + Details
Name: | evtl_LegalAndFinancialAdvisoryCosts
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of expenses that the entity classifies as being other administrative. + References No definition available. + Details
Name: | evtl_OtherAdministrativeExpense
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of expenditure directly attributable to research or development consultancy. + References No definition available. + Details
Name: | evtl_ResearchAndDevelopmentConsultancy
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of total administrative and research and development expenses. + References No definition available. + Details
Name: | evtl_TotalAdministrativeAndResearchAndDevelopmentExpenses
Namespace Prefix: | evtl_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of amortisation expense. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_AmortisationExpense
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DepreciationExpense
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of depreciation of right-of-use assets. [Refer: Depreciation and amortisation expense; Right-of-use assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2022-03-24 -Paragraph 53 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2022-en-r&anchor=para_53_a&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DepreciationRightofuseAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfAttributionOfExpensesByNatureToTheirFunctionLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of expenses aggregated according to their nature (for example, depreciation, purchases of materials, transport costs, employee benefits and advertising costs), and not reallocated among functions within the entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 99 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_99&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_ExpenseByNature
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of expense from share-based payment transactions with employees. [Refer: Expense from share-based payment transactions] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of the expense relating to short-term leases accounted for applying paragraph 6 of IFRS 16. This expense need not include the expense relating to leases with a lease term of one month or less. Short-term lease is a lease that, at the commencement date, has a lease term of 12 months or less. A lease that contains a purchase option is not a short-term lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2022-03-24 -Paragraph 53 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2022-en-r&anchor=para_53_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of expense arising from purchased insurance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_112_c&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_InsuranceExpense
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis=evtl_ResearchAndDevelopmentAndAdministrativeExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis=evtl_ResearchAndDevelopmentExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_AttributionOfExpensesByNatureToTheirFunctionAxis=evtl_AdministrativeExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |