31 Commitments

31.1 Capital commitments

As of 30 June 2020, the Group had contracted capital expenditure relating to property, plant and equipment amounting to £972,000 (2019: £3,794,000) and to other intangible assets amounting to £405,000 (2019: £nil). These amounts are not recognized as liabilities.

31.2 Non-cancellable operating leases

(i)The group as lessee

The Group leases various offices and equipment under non-cancellable operating lease agreements. The leases have varying terms and renewal rights. On renewal, the terms of the leases are renegotiated. From 1 July 2019, the Group has recognized right-of-use assets for these leases, except for short-term and low value leases. See note 2 and note 14 for further information. Commitments for minimum lease payments in relation to non-cancellable short-term and low value leases (2019: all operating leases) are payable as follows:


	2020	2019
	£’000	£’000
Within 1 year	88	1,956
Later than 1 year but not later than 5 years	140	2,346
Later than 5 years	—	3,785
	228	8,087

(ii)The group as lessor

The Group leases out its investment properties. The minimum rentals in relation to non-cancellable operating leases are receivable as follows:


	2020	2019
	£’000	£’000
Within 1 year	1,542	2,100
Later than 1 year but not later than 5 years	3,298	5,777
Later than 5 years	11,409	13,994
	16,249	21,871