v3.25.0.1
Lease liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Lease liabilities.  
Schedule of lease liabilities by current and non-current classification

    

December 31, 

    

December 31, 

2024

2023

£ 000

£ 000

Long term lease liabilities

 

1,620

 

1,977

Current lease liabilities

 

581

 

643

Total lease liabilities

 

2,201

 

2,620

Schedule of maturity of lease liabilities

    

December 31, 

    

December 31, 

2024

2023

£ 000

£ 000

Less than one year

 

705

 

760

Within 2 - 5 years

 

1,409

 

1,916

More than 5 years

 

496

 

496

Total lease liabilities (undiscounted)

 

2,610

 

3,172

Summary of cash outflows related to leases

    

December 31, 

    

December 31, 

2024

2023

Payment

£ 000

£ 000

Right of use assets

 

771

 

669

Low value leases

 

 

Short term leases

 

63

 

224

Total cash outflow

 

834

 

893

Schedule of reconciliation of lease liabilities

    

£ 000

As at January 1, 2023

 

3,161

Additions

182

Reversal of lease liability

(193)

Interest element of payments to lease creditors

 

(199)

Principal element of payments to lease creditors

 

(530)

Interest expense of leases

 

199

As at December 31, 2023

 

2,620

Additions

196

Reversal of lease liability

Interest element of payments to lease creditors

(156)

Principal element of payments to lease creditors

(615)

Interest expense of leases

156

As at December 31, 2024

2,201