Consolidated Statements of Comprehensive Loss - GBP (£) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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| Profit or loss [abstract] | |||
| Revenue | £ 3,844,532 | £ 1,978,659 | £ 1,978,659 |
| Research and development expenses | (7,447,507) | (6,156,889) | (6,679,919) |
| Administrative expenses | (7,013,056) | (2,058,844) | (2,206,751) |
| Administrative expenses – costs related to listing | (1,305,087) | (1,049,950) | |
| Foreign exchange losses | (120,974) | (82,764) | |
| Other income | 6,381 | 569,200 | |
| Total operating expenses, net | (15,886,624) | (9,342,066) | (8,317,470) |
| Loss on modification of convertible loan | (140,344) | ||
| Change in fair value of convertible loan derivatives | 7,112,034 | (4,181,545) | |
| Change in fair value of warrant derivatives | 12,785,290 | ||
| Change in fair value of other derivatives | (3,832,379) | ||
| Finance income | 2,208 | 33 | 1,029 |
| Finance costs | (6,994,423) | (3,438,548) | (292,062) |
| Loss before tax | (3,109,706) | (14,983,467) | (6,629,844) |
| Income tax credit | 1,720,000 | 1,407,542 | 1,171,928 |
| Net loss for the year and Total comprehensive loss | £ (1,389,706) | £ (13,575,925) | £ (5,457,916) |
| Basic and diluted loss per share | £ (2.02) | £ (34.76) | £ (14.42) |
| X | ||||||||||
- Definition Administrative expenses costs related to listing. No definition available.
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- Definition Gains losses on change in fair value of other derivatives. No definition available.
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- Definition Gains losses on change in fair value of warrant derivatives. No definition available.
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- Definition Gains losses on modification of convertible loan. No definition available.
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- Definition The amount of expenses that the entity classifies as being administrative. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of costs associated with financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of income associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The gross loss arising from exchange differences recognised in profit or loss, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: Foreign exchange gain (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The gains (losses) that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The profit (loss) from operating activities of the entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of expenditure directly attributable to research or development activities, recognised in profit or loss. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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