Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

v3.24.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE

 

    December 31,  
    2023     2022  
Weighted-average remaining lease term     5.11 years       8.2 years  
Weighted-average discount rate     8.6 %     8.6 %
SCHEDULE OF OPERATING LEASE LIABILITIES

The following is a maturity analysis of the annual undiscounted cash flows reconciled to the carrying value of the operating lease liabilities as of December 31, 2023:

 

Years Ended December 31,      
2024   £ 447,015  
2025     447,015  
2026     447,015  
2027     447,015  
2028     447,015  
Less imputed interest    

(433,919

)
Total   £ 1,801,156