13. Intangible assets


Marketing
related
£’000

Customer
related
£’000

Technology
related
£’000

Software
related
£’000

Goodwill
£’000

Capitalised
development
£’000

Total
£’000

Cost

Balance at 1 January 2024

250

398

6,404

4,120

2,399

4,755

18,326

Additions

–

–

300

88

–

2,849

3,237

Transfer

–

–

–

6

–

–

6

Effect of movement in foreign exchange

3

4

82

(7)

32

111

225

At 31 December 2024

253

402

6,786

4,207

2,431

7,715

21,794

At 1 January 2025

253

402

6,786

4,207

2,431

7,715

21,794

Additions

–

–

–

263

10,016

–

10,279

Acquired with subsidiary (note 4)

2,360

10,154

1,154

1

–

–

13,669

Disposals

(241)

(268)

(985)

(14)

–

(6,563)

(8,071)

Effect of movement in foreign exchange

(38)

(127)

(458)

5

(280)

(329)

(1,227)

At 31 December 2025

2,334

10,161

6,497

4,462

12,167

823

36,444

Accumulated amortisation

Balance at 1 January 2024

250

398

3,987

3,801

–

472

8,908

Charge for the year

–

–

333

124

–

90

547

Impairment

–

–

2,378

–

2,386

6,876

11,640

Transfer

–

–

–

(156)

–

156

–

Effect of movement in foreign exchange

3

4

88

–

45

121

261

Balance at 31 December 2024

253

402

6,786

3,769

2,431

7,715

21,356

Balance at 1 January 2025

253

402

6,786

3,769

2,431

7,715

21,356

Charge for the year

38

148

26

124

–

–

336

Disposals

(241)

(268)

(985)

(14)

–

(6,563)

(8,071)

Effect of movement in foreign exchange

(12)

(13)

(444)

2

(167)

(329)

(963)

Balance at 31 December 2025

38

269

5,383

3,881

2,264

823

12,658

Net book value

At 1 January 2024

–

–

2,417

319

2,399

4,283

9,418

At 31 December 2024 and 1 January 2025

–

–

–

438

–

–

438

At 31 December 2025

2,296

9,892

1,114

581

9,903

–

23,786


Customer
related
£’000

Software
related
£’000

Capitalised
development
£’000

Total
£’000

Cost

Balance at 1 January 2024

121

4,004

718

4,843

Additions

–

88

–

88

Balance at 31 December 2024

121

4,092

718

4,931

Balance at 1 January 2025

121

4,092

718

4,931

Additions

–

268

–

268

Balance at 31 December 2025

121

4,360

718

5,199

Accumulated amortisation

Balance at 1 January 2024

121

3,746

472

4,339

Charge for the year

–

98

90

188

Transfers

–

(156)

156

–

Balance at 31 December 2024

121

3,688

718

4,527

Balance at 1 January 2025

121

3,688

718

4,527

Charge for the year

–

106

–

106

Balance at 31 December 2025

121

3,794

718

4,633

Net book value

At 1 January 2024

–

258

246

504

At 31 December 2024 and 1 January 2025

–

404

–

404

At 31 December 2025

–

566

–

566