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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - GBP (£)
£ in Thousands
Total
Share Capital
Capital Reserves
Translation Reserve
Accumulated Losses
Beginning balance (Adjusted Balance) at Dec. 31, 2018 £ 35,045 £ 3,554 £ 163,121 £ 2,157 £ (133,787)
Beginning balance (Adoption of IFRS 16) at Dec. 31, 2018 (10)       (10)
Beginning balance at Dec. 31, 2018 35,055 3,554 163,121 2,157 (133,777)
Recognition of share-based payments 584   584    
Options exercised in the year     (1,370)   1,370
Proceeds from shares issued 5,273 365 4,908    
Transactions with owners recognized directly in equity 5,857 365 4,122   1,370
Loss for the year after taxation (19,582)       (19,582)
Other comprehensive (expense) income          
Foreign exchange differences arising on consolidation of foreign operations (411)     (411)  
Total comprehensive expense for the year (19,993)     (411) (19,582)
Ending balance at Dec. 31, 2019 20,909 3,919 167,243 1,746 (151,999)
Recognition of share-based payments 4,395   4,395    
Options exercised in the year     (331)   331
Proceeds from shares issued 15,830 246 15,584    
Transactions with owners recognized directly in equity 20,225 246 19,648   331
Loss for the year after taxation (32,547)       (32,547)
Other comprehensive (expense) income          
Foreign exchange differences arising on consolidation of foreign operations 472     472  
Total comprehensive expense for the year (32,075)     472 (32,547)
Ending balance at Dec. 31, 2020 9,059 4,165 186,891 2,218 (184,215)
Recognition of share-based payments 8,632   8,632    
Options exercised in the year     (659)   659
Proceeds from shares issued 30,922 324 30,598    
Transactions with owners recognized directly in equity 39,554 324 38,571   659
Loss for the year after taxation (39,410)       (39,410)
Other comprehensive (expense) income          
Foreign exchange differences arising on consolidation of foreign operations (677)     (677)  
Total comprehensive expense for the year (40,087)     (677) (39,410)
Ending balance at Dec. 31, 2021 £ 8,526 £ 4,489 £ 225,462 £ 1,541 £ (222,966)