v3.25.0.1
Trade and other payables
12 Months Ended
Dec. 31, 2024
Trade and other payables  
Trade and other payables

19Trade and other payables

Amounts falling due within one year:

    

December 31, 

    

December 31, 

2024

2023

£ 000

£ 000

Trade payables

 

5,444

 

3,726

Accrued expenses

 

7,354

 

12,146

Amounts due to related parties

 

1,900

 

Social security and other taxes

 

879

 

981

Outstanding defined contribution pension costs

 

8

 

15

15,585

 

16,868

Amounts falling due after more than one year:

    

December 31, 

    

December 31, 

2024

2023

£ 000

£ 000

Deferred fees and charges

 

3,991

 

3,922

The Group’s exposure to market and liquidity risks, including maturity analysis, related to trade and other payables is disclosed in note 25 Financial risk management and impairment of financial assets.

Amounts due to related parties include the reimbursement of legal fees incurred in relation to the Investment Agreement and the transactions contemplated thereunder. The reimbursement of such fees is a closing condition of the Investment Agreement. For more information on Amounts due to related parties, please see note 26.