v3.26.1
Financial risk management - Disclosure of offsetting of financial assets and financial liabilities (Details) - Credit Risk - GBP (£)
£ in Millions
Mar. 31, 2026
Mar. 31, 2025
Assets    
Gross carrying amounts £ 838 £ 482
Gross amounts offset 0 0
Net amount presented in statement of financial position 838 482
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments (446) (316)
Cash collateral received/ pledged (51) (12)
Net amount 341 154
Liabilities    
Gross carrying amounts (1,018) (1,202)
Gross amounts offset 0 0
Net amount presented in statement of financial position (1,018) (1,202)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 446 316
Cash collateral received/ pledged 361 455
Net amount (211) (431)
Assets (Liabilities)    
Gross carrying amounts (180) (720)
Gross amounts offset 0 0
Net amount presented in statement of financial position (180) (720)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 0 0
Cash collateral received/ pledged 310 443
Net amount 130 (277)
Financing derivatives    
Liabilities    
Gross carrying amounts (950) (1,138)
Gross amounts offset 0 0
Net amount presented in statement of financial position (950) (1,138)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 413 296
Cash collateral received/ pledged 361 462
Net amount (176) (380)
Commodity contract derivatives    
Liabilities    
Gross carrying amounts (68) (64)
Gross amounts offset 0 0
Net amount presented in statement of financial position (68) (64)
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments 33 20
Cash collateral received/ pledged 0  
Net amount (35) (51)
Commodity contract derivatives    
Related amounts available to be offset but not offset in statement of financial position    
Cash collateral received/ pledged   (7)
Financing derivatives    
Assets    
Gross carrying amounts 717 375
Gross amounts offset 0 0
Net amount presented in statement of financial position 717 375
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments (413) (296)
Cash collateral received/ pledged (27) (12)
Net amount 277 67
Commodity contract derivatives    
Assets    
Gross carrying amounts 121 107
Gross amounts offset 0 0
Net amount presented in statement of financial position 121 107
Related amounts available to be offset but not offset in statement of financial position    
Financial instruments (33) (20)
Cash collateral received/ pledged (24) 0
Net amount £ 64 £ 87