Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

LEASES (Tables)

v3.25.1
LEASES (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND DISCOUNT RATE

 

    December 31,  
    2024     2023     2022  
Weighted-average remaining lease term     4.11 years       5.11 years       8.2 years  
Weighted-average discount rate     8.6 %     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, 2024:

 

Years Ended December 31,      
2025   £ 447,015  
2026     447,015  
2027     447,015  
2028     447,015  
Less imputed interest     (288,577 )
Total   £ 1,499,483