v3.24.1.1.u2
Financial risk management - Disclosure of offsetting of financial assets and financial liabilities (Details) - Credit Risk - GBP (£)
£ in Millions
Mar. 31, 2024
Mar. 31, 2023
Assets    
Gross carrying amounts £ 368 £ 429
Gross amounts offset 0 0
Net amount presented in statement of financial position 368 429
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments (273) (232)
Cash collateral received/ pledged (28) (76)
Net amount 67 121
Liabilities    
Gross carrying amounts (1,244) (1,293)
Gross amounts offset 0 0
Net amount presented in statement of financial position (1,244) (1,293)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 273 232
Cash collateral received/ pledged 452 700
Net amount (519) (361)
Assets (Liabilities)    
Gross carrying amounts (876) (864)
Gross amounts offset 0 0
Net amount presented in statement of financial position (876) (864)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 0 0
Cash collateral received/ pledged 424 624
Net amount (452) (240)
Financing derivatives    
Liabilities    
Gross carrying amounts (1,126) (1,119)
Gross amounts offset 0 0
Net amount presented in statement of financial position (1,126) (1,119)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 246 204
Cash collateral received/ pledged 441 681
Net amount (439) (234)
Commodity contract derivatives    
Liabilities    
Gross carrying amounts (118) (174)
Gross amounts offset 0 0
Net amount presented in statement of financial position (118) (174)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 27 28
Cash collateral received/ pledged 11 19
Net amount (80) (127)
Financing derivatives    
Assets    
Gross carrying amounts 333 363
Gross amounts offset 0 0
Net amount presented in statement of financial position 333 363
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments (246) (204)
Cash collateral received/ pledged (28) (76)
Net amount 59 83
Commodity contract derivatives    
Assets    
Gross carrying amounts 35 66
Gross amounts offset 0 0
Net amount presented in statement of financial position 35 66
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments (27) (28)
Cash collateral received/ pledged 0 0
Net amount £ 8 £ 38