v3.25.0.1
Right of use assets
12 Months Ended
Dec. 31, 2024
Right of use assets  
Right of use assets

11Right of use assets

    

Leasehold Property

£ 000

Cost or valuation

At January 1, 2023

 

4,091

Additions

 

183

At December 31, 2023

 

4,274

Additions

246

Disposals

(332)

At December 31, 2024

4,188

Accumulated depreciation

 

At January 1, 2023

 

970

Charge for the year

 

658

Impairment

193

At December 31, 2023

 

1,821

Charge for the year

 

730

Depreciation on disposals

(332)

At December 31, 2024

 

2,219

Net book value

 

At December 31, 2024

 

1,969

At December 31, 2023

 

2,453

The right of use assets are leasehold properties in Bristol and Kemble, UK. Further information on the lease liabilities of these leases can be found in note 17.