Year Ended December 31,

2024
$’000

2023
$’000

2022
$’000

Group

Current year tax (credit)

(4,883

)

449

-

Adjustments due to prior periods

-

Total tax (credit) for the period

(4,883

)

449

-

The tax charge for the year is different from the standard rate of corporation tax in the United Kingdom of 19%. The difference can be reconciled as follows:

Loss before taxation

(16,746

)

(17,242

)

(15,397

)

Loss charged at standard rate of corporation tax 25% 2024, 23.52% 2023, 19% 2022

(4,187

)

(4,055

)

(2,926

)

Movement in unrecognized deferred tax

2,942

3,194

2,319

Expenses not deductible for taxation

3,142

3,961

1,036

Adjustments due to prior periods

-

449

-

Research and development claim

(4,883

)

-

Income not taxable for tax purposes

(1,894

)

(3,113

)

(495

)

Fixed asset differences

-

(1

)

Current Tax - Other

-

13

-

Foreign Tax - Other

(3

)

-

Adjustments to brought forward values

-

67

(4,883

)

449

-