v3.26.1
Right of use assets
12 Months Ended
Dec. 31, 2025
Right of use assets  
Right of use assets

12Right of use assets

  ​ ​ ​

Leasehold Property

£ 000

Cost or valuation

At January 1, 2024

 

4,274

Additions

 

246

Disposals

(332)

At December 31, 2024

 

4,188

Additions

1,897

Disposals

At December 31, 2025

6,085

Accumulated depreciation

 

At January 1, 2024

 

1,821

Charge for the year

 

730

Depreciation on disposals

(332)

At December 31, 2024

 

2,219

Charge for the year

 

860

Depreciation on disposals

At December 31, 2025

 

3,079

Net book value

 

At December 31, 2024

 

1,969

At December 31, 2025

 

3,006

The right of use assets are leasehold properties in Bristol and Kemble, UK. Further information on the lease liabilities of these leases can be found in note 18.