| Schedule of net finance income/(costs) |
| | | | | | | | | 2025 | | 2024 | | 2023 | | | £ 000 | | £ 000 | | £ 000 | Interest income on deposits | | 2,901 | | 2,162 | | 3,356 | Fair value movements on financial liabilities at fair value through profit and loss | | — | | — | | 15,705 | Fair value movements on warrant liabilities | | 120 | | 479 | | 3,873 | Foreign exchange gain | | 21,371 | | — | | 12,867 | Total finance income | | 24,392 | | 2,641 | | 35,801 | Fair value movements on financial liabilities at fair value through profit and loss | | — | | (12,363) | | — | In-kind interest on financial liabilities at fair value through profit and loss | | — | | (17,171) | | (16,160) | Foreign exchange loss | | — | | (5,174) | | — | Interest expense on leases | | (192) | | (156) | | (199) | Other | | — | | (82) | | (101) | Total finance costs | | (192) | | (34,946) | | (16,460) | Fair value movements on financial liabilities at fair value through profit and loss | | 318,035 | | — | | — | Total related party finance income | | 318,035 | | — | | — | In-kind interest on financial liabilities at fair value through profit and loss | | (12,205) | | — | | — | Substantial modification of financial liabilities at fair value through profit and loss | | — | | (457,228) | | — | Fair value movements on financial liabilities at fair value through profit and loss | | — | | (230,495) | | — | Total related party finance costs | | (12,205) | | (687,723) | | — | Net related party finance income/(costs) | | 305,830 | | (687,723) | | — | Net finance income/(costs) | | 330,030 | | (720,028) | | 19,341 |
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