Net finance (costs)/income (Details) - GBP (£) £ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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| Net finance (costs)/income | |||
| Fair value movements on convertible loan notes | £ (12,363) | ||
| In-kind interest on convertible loan notes | (17,171) | £ (16,160) | £ (14,897) |
| Interest expense on leases | (156) | (199) | (143) |
| Foreign exchange loss | (5,174) | (13,338) | |
| Other | (82) | (101) | (116) |
| Total finance costs | (34,946) | (16,460) | (28,494) |
| Interest income on deposits | 2,162 | 3,356 | 623 |
| Foreign exchange gain | 12,867 | ||
| Fair value movements on convertible loan notes | 15,705 | 25,723 | |
| Fair value movements on warrant liabilities | 479 | 3,873 | 5,880 |
| Total finance income | 2,641 | 35,801 | 32,226 |
| Substantial modification of convertible loan notes | (457,228) | ||
| Fair value movements on convertible loan notes | (230,495) | ||
| Total related party finance costs | (687,723) | ||
| Net finance (costs)/ income | (720,028) | £ 19,341 | £ 3,732 |
| Finance costs from substantial modification of loan notes | £ 1,370 | ||
| X | ||||||||||
- Definition The amount of fair value gains (losses) on convertible loan notes classified as finance costs attributable to related party. No definition available.
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- Definition Fair value gains (losses) on convertible warrant liabilities No definition available.
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- Definition Fair value movements on convertible debt classified as finance costs. No definition available.
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- Definition Fair value movements on convertible debt classified as finance income No definition available.
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- Definition Finance costs excluding related party finance costs No definition available.
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- Definition Finance costs from substantial modification of loan notes No definition available.
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- References No definition available.
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- Definition The amount of costs associated with financing activities for related party. No definition available.
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- Definition The amount attributable to substantial modification of convertible loan note classified as finance costs attributable to related party. No definition available.
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- Definition The amount of income associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of income or cost associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The gross gain arising from exchange differences recognised in profit or loss, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: Foreign exchange gain (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The gross loss arising from exchange differences recognised in profit or loss, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: Foreign exchange gain (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of interest expense on debt instruments issued. [Refer: Interest expense; Debt instruments issued] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of interest expense on lease liabilities. [Refer: Lease liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of interest income on deposits. [Refer: Interest income] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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