v3.26.1
Lease liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Lease liabilities  
Schedule of lease liabilities by current and non-current classification

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

2025

2024

£ 000

£ 000

Long term lease liabilities

 

2,309

 

1,620

Current lease liabilities

 

896

 

581

Total lease liabilities

 

3,205

 

2,201

Schedule of maturity of lease liabilities

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

2025

2024

£ 000

£ 000

Less than one year

 

1,121

 

705

Within 2 - 5 years

 

2,364

 

1,409

More than 5 years

 

326

 

496

Total lease liabilities (undiscounted)

 

3,811

 

2,610

Summary of cash outflows related to leases

  ​ ​ ​

December 31, 

  ​ ​ ​

December 31, 

2025

2024

Payment

£ 000

£ 000

Right of use assets

 

1,037

 

771

Low value leases

 

 

Short term leases

 

54

 

63

Total cash outflow

 

1,091

 

834

Schedule of reconciliation of lease liabilities

  ​ ​ ​

£ 000

As at January 1, 2024

 

2,620

Additions

196

Interest element of payments to lease creditors

 

(156)

Principal element of payments to lease creditors

 

(615)

Interest expense of leases

 

156

As at December 31, 2024

 

2,201

Additions

1,847

Interest element of payments to lease creditors

(194)

Principal element of payments to lease creditors

(843)

Interest expense of leases

194

As at December 31, 2025

3,205