v3.26.1
Reserves (Tables)
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Schedule of reserves
 
Reserve Description and purpose
Share capital Nominal value of subscribed share capital
Share premium Amount subscribed for share capital in excess of nominal value.
Merger reserve Represents the difference between the fair value and nominal value of shares issued on the acquisition of subsidiary companies where the Company has elected to take advantage of merger accounting.
Foreign exchange reserve Gains/losses arising on retranslating the net assets of overseas operations into sterling
Warrant reserve

Represents the following:

·     the fair value of warrants denominated in £ at the date of grant. The number and price are fixed at the date of grant. The warrants expired in November 2025.

·     the fair value of pre-funded warrants granted. The pre-funded warrants do not have an expiry date.

·     The fair value of Series C warrants denominated in US$ at the date of grant but allow for the warrants to be exercised on an alternative cashless basis effectively allowing the holders to exercise for nil consideration.

Accumulated deficit All other net gains and losses and transactions with owners (e.g., dividends) not recognised elsewhere.