{ "documentInfo": { "documentType": "https://xbrl.org/2021/xbrl-json", "features": { "xbrl:canonicalValues": true }, "namespaces": { "fp": "http://futureplc.com/20250930", "ifrs-full": "https://xbrl.ifrs.org/taxonomy/2024-03-27/ifrs-full", "iso4217": "http://www.xbrl.org/2003/iso4217", "scheme": "http://standards.iso.org/iso/17442", "xbrl": "https://xbrl.org/2021", "xbrli": "http://www.xbrl.org/2003/instance" }, "taxonomy": [ "http://futureplc.com/xbrl/2025/213800K2581YRLEXV353-2025-09-30.xsd" ] }, "facts": { "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00394": { "value": "FUTURE operates c.175 brands in diversi\ufb01ed verticals, with market leading positions and three monetisation \nframeworks: advertising, eCommerce a\ufb03liate (products and price comparison) and Magazines (subscriptions and \nnewstrade magazine sale). Our content is distributed through a range of formats including websites, email \nnewsletters, videos, magazines, podcasts and live events. The successful execution of our strategy is based on a \nvalue-led organisation with a clear purpose", "dimensions": { "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "ConsolidatedIncomeStatement_Label_002": { "value": "739200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_Label_001": { "value": "788200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Revenue", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_NegatedLabel_004": { "value": "617300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OperatingExpense", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_NegatedLabel_003": { "value": "654500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OperatingExpense", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_TotalLabel_006": { "value": "121900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_TotalLabel_005": { "value": "133700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossFromOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_Label_008": { "value": "700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_Label_007": { "value": "1300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_NegatedLabel_0010": { "value": "30700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_NegatedLabel_009": { "value": "31800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceCosts", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_TotalLabel_0012": { "value": "-30000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceIncomeCost", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_TotalLabel_0011": { "value": "-30500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:FinanceIncomeCost", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_Label_0014": { "value": "91900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_Label_0013": { "value": "103200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLossBeforeTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_NegatedLabel_0016": { "value": "25600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_NegatedLabel_0015": { "value": "26400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxExpenseContinuingOperations", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_TotalLabel_0022": { "value": "66300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_TotalLabel_0021": { "value": "76800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedIncomeStatement_Label_0018": { "value": "0.627", "decimals": 3, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ConsolidatedIncomeStatement_Label_0017": { "value": "0.672", "decimals": 3, "dimensions": { "concept": "ifrs-full:BasicEarningsLossPerShare", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ConsolidatedIncomeStatement_Label_0020": { "value": "0.621", "decimals": 3, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ConsolidatedIncomeStatement_Label_0019": { "value": "0.668", "decimals": 3, "dimensions": { "concept": "ifrs-full:DilutedEarningsLossPerShare", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "ConsolidatedStatementOfComprehensiveIncome_Label_0024": { "value": "66300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_Label_0023": { "value": "76800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_Label_0026": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_Label_0025": { "value": "-52700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_Label_0028": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_Label_0027": { "value": "-4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_TotalLabel_0030": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_TotalLabel_0029": { "value": "-57100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_TotalLabel_0032": { "value": "65400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfComprehensiveIncome_TotalLabel_0031": { "value": "19700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0041": { "value": "17800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0040": { "value": "197000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0039": { "value": "300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0038": { "value": "581900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0037": { "value": "-15300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0036": { "value": "4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0035": { "value": "27800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0034": { "value": "300800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodStartLabel_0033": { "value": "1114700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0059": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0058": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0057": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0056": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0055": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0054": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0053": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0052": { "value": "76800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0051": { "value": "76800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0077": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0076": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0075": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0074": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0073": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0072": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0071": { "value": "-52700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0070": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0069": { "value": "-52700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0086": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0085": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0084": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0083": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0082": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0081": { "value": "-5900000.0", "decimals": -5, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0080": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0079": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0078": { "value": "-5900000.0", "decimals": -5, "dimensions": { "concept": "fp:LossGainOnCashFlowHedgeNetOfTax", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0095": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0094": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0093": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0092": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0091": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0090": { "value": "1500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0089": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0088": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0087": { "value": "1500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00113": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00112": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00111": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00110": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00109": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00108": { "value": "-4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00107": { "value": "-52700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00106": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00105": { "value": "-57100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00131": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00130": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00129": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00128": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00127": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00126": { "value": "-4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00125": { "value": "-52700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00124": { "value": "76800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00123": { "value": "19700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00149": { "value": "1000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00148": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00147": { "value": "1000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00146": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00145": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00144": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00143": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00142": { "value": "76700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00141": { "value": "76700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00158": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00157": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00156": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00155": { "value": "-472900000.0", "decimals": -5, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00154": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00153": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00152": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00151": { "value": "472900000.0", "decimals": -5, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00150": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:MergerReserveReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00160": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00161": { "value": "-197000000.0", "decimals": -5, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00162": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00163": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00167": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00166": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00165": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00164": { "value": "197000000.0", "decimals": -5, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00159": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:SharePremiumReduction", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00185": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00184": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00183": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00182": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00181": { "value": "4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00180": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00179": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00178": { "value": "4400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00177": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00203": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00202": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00201": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00200": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00199": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00198": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00197": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00196": { "value": "8300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00195": { "value": "8300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00221": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00220": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00219": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00218": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00217": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00216": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00215": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00214": { "value": "-500000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00213": { "value": "-500000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00239": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00238": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00237": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00236": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00235": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00234": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00233": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00232": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00231": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00257": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00256": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00255": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00254": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00253": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00252": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00251": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00250": { "value": "3900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00249": { "value": "3900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00370": { "value": "16800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00371": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00372": { "value": "1300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00373": { "value": "109000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00374": { "value": "-10900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00375": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00376": { "value": "-24900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00377": { "value": "970400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00378": { "value": "1061700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0050": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0042": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0049": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0048": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0047": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0046": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0045": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0044": { "value": "66300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0043": { "value": "66300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProfitLoss", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0068": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0067": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0066": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0065": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0064": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0063": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0062": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0061": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_0060": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00104": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00103": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00102": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00101": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00100": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_0099": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_0098": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_0097": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_0096": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:OtherComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00122": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00121": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00120": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00119": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00118": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00117": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00116": { "value": "-900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00115": { "value": "66300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_TotalLabel_00114": { "value": "65400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ComprehensiveIncome", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00140": { "value": "1800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00139": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00138": { "value": "1800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00137": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00136": { "value": "7000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00135": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00134": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00133": { "value": "83500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00132": { "value": "90500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00176": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00175": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00174": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00173": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00172": { "value": "7400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00171": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00170": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00169": { "value": "7400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00168": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:SaleOrIssueOfTreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00194": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00193": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00192": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00191": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00190": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00189": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00188": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00187": { "value": "5500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00186": { "value": "5500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00212": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00211": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00210": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00209": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00208": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00207": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00206": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00205": { "value": "-100000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00204": { "value": "-100000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesCurrentTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00230": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00229": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00228": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00227": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00226": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00225": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00224": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00223": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_Label_00222": { "value": "500000.0", "decimals": -5, "dimensions": { "concept": "fp:ShareSchemesDeferredTaxOnOptions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00248": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00247": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00246": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00245": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00244": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00243": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00242": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00241": { "value": "3700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_NegatedLabel_00240": { "value": "3700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaid", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00379": { "value": "15000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00380": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:SharePremiumMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00381": { "value": "3100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:CapitalRedemptionReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00382": { "value": "109000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:MergerReserveMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00383": { "value": "-10500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:TreasurySharesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00384": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00385": { "value": "-25800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00386": { "value": "948000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember", "unit": "iso4217:GBP" } }, "ConsolidatedStatementOfChangesInEquity_PeriodEndLabel_00387": { "value": "1038800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00258": { "value": "29500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00259": { "value": "32800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PropertyPlantAndEquipment", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00260": { "value": "1000400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Goodwill", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00261": { "value": "1011700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Goodwill", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00262": { "value": "453300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00263": { "value": "502000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IntangibleAssetsOtherThanGoodwill", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00265": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00264": { "value": "1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00270": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "fp:NonCurrentDeferredTaxAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00271": { "value": "1400000.0", "decimals": -5, "dimensions": { "concept": "fp:NonCurrentDeferredTaxAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00320": { "value": "1483600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00321": { "value": "1549300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00266": { "value": "1300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Inventories", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00267": { "value": "400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Inventories", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00268": { "value": "11900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxAssetsCurrent", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00269": { "value": "1300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxAssetsCurrent", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00272": { "value": "105100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentReceivables", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00273": { "value": "115300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentReceivables", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00274": { "value": "27600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00275": { "value": "39700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00276": { "value": "3600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentFinanceLeaseReceivables", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00277": { "value": "2000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentFinanceLeaseReceivables", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00322": { "value": "149500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00323": { "value": "158700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentAssets", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00278": { "value": "1633100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Assets", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00279": { "value": "1708000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Assets", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00280": { "value": "15000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00281": { "value": "16800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IssuedCapital", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00282": { "value": "3100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CapitalRedemptionReserve", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00283": { "value": "1300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CapitalRedemptionReserve", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00284": { "value": "109000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:MergerReserve", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00285": { "value": "109000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:MergerReserve", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_NegatedLabel_00286": { "value": "10500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_NegatedLabel_00287": { "value": "10900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TreasuryShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00288": { "value": "-25800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00289": { "value": "-24900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ReserveOfExchangeDifferencesOnTranslation", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00290": { "value": "948000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00291": { "value": "970400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RetainedEarnings", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00292": { "value": "1038800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00293": { "value": "1061700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Equity", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00294": { "value": "304000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:LongtermBorrowings", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00295": { "value": "276200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:LongtermBorrowings", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00296": { "value": "27700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLeaseLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00297": { "value": "29800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLeaseLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00298": { "value": "100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxLiabilitiesNoncurrent", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00299": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:CurrentTaxLiabilitiesNoncurrent", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00300": { "value": "88400000.0", "decimals": -5, "dimensions": { "concept": "fp:NonCurrentDeferredTaxLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00301": { "value": "94900000.0", "decimals": -5, "dimensions": { "concept": "fp:NonCurrentDeferredTaxLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00302": { "value": "3300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentProvisions", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00303": { "value": "4700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentProvisions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00304": { "value": "10100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDeferredIncomeOtherThanNoncurrentContractLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00305": { "value": "10300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDeferredIncomeOtherThanNoncurrentContractLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00324": { "value": "4600000.0", "decimals": -5, "dimensions": { "concept": "fp:ContingentConsideration", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00325": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:ContingentConsideration", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00483": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00484": { "value": "1400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00485": { "value": "438200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00486": { "value": "417300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:NoncurrentLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00306": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:ShorttermBorrowings", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00307": { "value": "20000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ShorttermBorrowings", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00308": { "value": "92400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayables", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00309": { "value": "121700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:TradeAndOtherCurrentPayables", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00310": { "value": "56400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDeferredIncomeOtherThanCurrentContractLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00311": { "value": "60200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDeferredIncomeOtherThanCurrentContractLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00312": { "value": "1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentProvisions", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00313": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:CurrentProvisions", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00314": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:CurrentTaxLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00315": { "value": "6500000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentTaxLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00316": { "value": "5600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLeaseLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00317": { "value": "8400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLeaseLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00318": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "ifrs-full:CurrentDerivativeFinancialLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_Label_00319": { "value": "12200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentDerivativeFinancialLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00487": { "value": "156100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00488": { "value": "229000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CurrentLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00326": { "value": "594300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Liabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00327": { "value": "646300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:Liabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00328": { "value": "1633100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:EquityAndLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedBalanceSheet_TotalLabel_00329": { "value": "1708000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:EquityAndLiabilities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00395": { "value": "The \ufb01nancial statements on pages 130 to 178 were approved by the Board of Directors on 3 December 2025 and signed on its behalf by:
Richard Huntingford
Sharjeel Suleman
Chair
Chief Financial Of\ufb01cer", "dimensions": { "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "ConsolidatedCashFlowStatement_Label_00330": { "value": "188300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperations", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00331": { "value": "230000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperations", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00332": { "value": "27200000.0", "decimals": -5, "dimensions": { "concept": "fp:NetInterestPaidOnBankFacilitiesClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00333": { "value": "26000000.0", "decimals": -5, "dimensions": { "concept": "fp:NetInterestPaidOnBankFacilitiesClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00334": { "value": "600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00335": { "value": "1200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:InterestReceivedClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00336": { "value": "1500000.0", "decimals": -5, "dimensions": { "concept": "fp:InterestPaidOnLeaseLiabilitiesClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00337": { "value": "1700000.0", "decimals": -5, "dimensions": { "concept": "fp:InterestPaidOnLeaseLiabilitiesClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00338": { "value": "42900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00339": { "value": "33700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00489": { "value": "117300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00490": { "value": "169800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00340": { "value": "3300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00341": { "value": "2800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00342": { "value": "12900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00343": { "value": "11100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00344": { "value": "3400000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00345": { "value": "7900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00346": { "value": "-19600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00347": { "value": "-21800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00348": { "value": "102800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00349": { "value": "63100000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00350": { "value": "345000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00351": { "value": "140000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00352": { "value": "335000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00353": { "value": "233000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00354": { "value": "6300000.0", "decimals": -5, "dimensions": { "concept": "fp:BankArrangementFeesClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00355": { "value": "0.0", "decimals": -6, "dimensions": { "concept": "fp:BankArrangementFeesClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00356": { "value": "6200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00357": { "value": "6900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00358": { "value": "3700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_NegatedLabel_00359": { "value": "3900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsPaidClassifiedAsFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00360": { "value": "-109000000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00361": { "value": "-166900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00362": { "value": "-11300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_TotalLabel_00363": { "value": "-18900000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_PeriodStartLabel_00364": { "value": "39700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_PeriodStartLabel_00365": { "value": "60300000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00366": { "value": "-800000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_Label_00367": { "value": "-1700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_PeriodEndLabel_00368": { "value": "27600000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "ConsolidatedCashFlowStatement_PeriodEndLabel_00369": { "value": "39700000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:CashAndCashEquivalents", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00", "unit": "iso4217:GBP" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00397": { "value": "Material accounting
policy information
Compliance statement and basis of preparation
The \ufb01nancial statements consolidate those of Future plc and its subsidiaries (the Group). The Consolidated Financial Statements
have been prepared in accordance with international accounting standards in conformity with the requirements of the Companies
Act 2006 and UK adopted IFRS. The principal accounting policies applied in the preparation of the consolidated \ufb01nancial
statements published in this 2025 Annual Report are set out on pages
137 to 141. These policies have been applied consistently
to all years presented, unless otherwise stated below. These \ufb01nancial statements have been prepared under the historical cost
convention, except for derivative \ufb01nancial instruments and contingent and deferred consideration, which are measured at fair
value.
General information
Future plc (the Company) is incorporated
and registered in England and Wales and
is a public company limited by shares. The
address of the Company\u2019s registered of\ufb01ce
and its registered address is:
Quay House,
The Ambury,
Bath,
BA1 1UA,
United Kingdom.
The Company\u2019s registered number is given
on page 134.
Accounting policies
The Company has applied Financial
Reporting Standard 101 \u2018Reduced Disclosure
Framework\u2019 (FRS 101) issued by the Financial
Reporting Council (FRC). In these \ufb01nancial
statements, the Company has applied the
exemptions available under FRS 101 in
respect of the following disclosures:
\u2022 A Cash Flow Statement and related notes;
\u2022 Comparative period reconciliations for
share capital and tangible \ufb01xed assets;
\u2022 Disclosures in respect of transactions with
wholly owned subsidiaries;
\u2022 Disclosures in respect of capital
management;
\u2022 The effects of new but not yet effective
IFRS; and
\u2022 Disclosures in respect of the compensation
of Key Management Personnel.
The Company produces consolidated
\ufb01nancial statements which are prepared
in accordance with International Financial
Reporting Standards (\u2018IFRS\u2019).
As the
consolidated \ufb01nancial statements of the
Company include the equivalent disclosures,
the Company has also taken the exemptions
under FRS 101 available in respect of the
following disclosures:
\u2022 IFRS 2 Share-based payment in respect of
group settled share-based payments; and
\u2022 The disclosures required by IFRS 7 and
IFRS 13 regarding \ufb01nancial instruments
disclosures have not been provided.
As permitted by s408 of the Companies
Act 2006, the Company has elected not to
present its own pro\ufb01t and loss account or
statement of comprehensive income for the
year. The loss attributable to the Company is
disclosed in the footnote to the Company\u2019s
balance sheet.
New or revised accounting standards and
interpretations adopted in the year
The following standards and amendments
became effective in the year:
\u2022 IAS 1 Amendments regarding the
classi\ufb01cation of liabilities, and Amendment
regarding the classi\ufb01cation of debt with
covenants;
\u2022 IAS 7 Amendments regarding presentation
of the Statement of Cash Flows;
\u2022 IFRS 7 Amendments regarding supplier
\ufb01nancial arrangements; and
\u2022 IFRS 16 Amendments to clarify how a seller-
lessee subsequently measures sale and
leaseback transactions;
There has been no material impact from the
adoption of new standards, amendments
to standards or interpretations which are
relevant to the Group.
New accounting standards, amendments
and interpretations that are issued but not
yet applied by the Group
The Directors have considered the impact
on the Group of new and revised accounting
standards, interpretations or amendments
that are effective on or after 1 October 2025
and which the Group has chosen not to adopt
early. The following standards are relevant to
the Group:
\u2022 IAS 21 Amendments regarding Lack of
Exchangeability
The Group does not expect amendments to
IAS 21 to have a material impact on results or
net assets.
\u2022 IFRS 18 Presentation and Disclosure in
Financial Statements
This new accounting standard is effective
for the year ended 30 September 2028
and will involve a change to the structure
of the primary \ufb01nancial statements. This
requires entities to classify income and
expenses into \ufb01ve categories \u2013 operating,
investing, \ufb01nancing, income tax and
discontinued operations. In addition, certain
\u201cnon-GAAP\u201d measures, as disclosed in the
Glossary \u2013 will now form part of the audited
\ufb01nancial statements, and require mandatory
de\ufb01nitions and reconciliation to GAAP
measures.
The Group is presently reviewing the
impact of this standard which is expected to
structurally
change the presentation of the
income statement.
Basis of consolidation
The consolidated \ufb01nancial statements
incorporate the \ufb01nancial statements of
Future plc (\u2018the Company\u2019) and its subsidiary
undertakings. Subsidiaries are all entities
controlled by the Group. Control exists
when the Group is either exposed to or
has the rights to variable returns from its
involvement with the entity and has the
ability to affect those returns through its
power over the entity. Subsidiaries are
fully consolidated from the date on which
control is transferred to the Group. They are
deconsolidated from the date that control
ceases. The purchase method of accounting
is used to account for the acquisition of
subsidiaries by the Group.
The cost of an acquisition is measured as
the fair value of the assets given, equity
instruments issued and liabilities incurred
or assumed at the date of exchange, and
includes the fair value of any asset or liability
resulting from a contingent consideration
arrangement. Acquisition-related costs are
expensed as incurred. Identi\ufb01able assets
acquired and liabilities and contingent
liabilities assumed in a business combination
are measured initially at their fair values
at the acquisition date. The excess of the
cost of acquisition over the fair value of the
Group\u2019s share of the identi\ufb01able net assets
acquired is recorded as goodwill.
Intercompany transactions, balances and
unrealised gains on transactions between
Group companies are eliminated.
Unrealised losses are also eliminated but
are considered an impairment indicator of
the asset transferred. Accounting policies
of subsidiaries have been changed where
necessary to ensure consistency with the
policies adopted by the Group.
Going concern
The Group was in a net current liabilities
position as detailed in the balance sheet, but
has signi\ufb01cant adequate cash \ufb02ow to meet
its obligations. The \ufb01nancial statements have
been prepared on a going concern basis. The
Group has suf\ufb01cient liquidity over the full
going concern period under both its base
case and stress-tested forecast. Accordingly
the Directors consider that it is appropriate
to adopt the going concern basis in preparing
the \ufb01nancial statements. Further detail on
the stress-tested forecast over the viability
period can be found in the Longer Term
Viability Statement on page 52.
Segment reporting
The Group is organised and arranged
primarily by reportable segment. From 1
October 2024, the Executive Directors
consider the performance of the business
from a divisional perspective of B2C,
Go.Compare and B2B.
The revised operating
segments are reported in a manner
consistent with the internal reporting
provided to the Chief Operating Decision
Makers who are considered to be the
Executive Directors of Future plc.
Revenue recognition
Revenue from contracts with customers is
recognised in the income statement in line
with the \ufb01ve-step model in IFRS 15, to re\ufb02ect
the pattern of transfer of goods and services
to the customer. Revenue is recognised in the
income statement when control passes to
the customer. If the customer simultaneously
receives and consumes the bene\ufb01ts of the
contract, revenue is recognised over time.
Otherwise, revenue is recognised at a point
in time.
Revenue comprises the transaction price of
the contract, being consideration received
or receivable for the sale of goods and
services in the ordinary course of the Group\u2019s
activities. Revenue is shown net of value-
added tax, estimated returns, rebates and
discounts, which includes retail promotion
costs and advertising rebates, and after
eliminating sales within the Group.
For print and digital magazine newstrade
and subscription revenue, and digital
advertising revenues and expenses, revenue
is recognised as the amount paid by the end
consumer, rather than the amount remitted
by the agent. Related commissions paid to
agents are recognised as an expense within
cost of sales.
See note 2 on page 143 for details of the
Group\u2019s revenue recognition policy.
The right of return is considered to be
variable consideration. The probable amount
of expected returns is estimated using the
most-likely amount method and accounted
for as a reduction in revenue.
Foreign currency translation
(a) Functional and presentation currency
Items included in the \ufb01nancial statements
of each of the Group\u2019s entities are measured
using the currency of the primary economic
environment in which the entity operates
(\u2018the functional currency\u2019). The consolidated
\ufb01nancial statements are presented in sterling,
which is the Group\u2019s presentation currency.
(b) Transactions and balances
Foreign currency transactions are translated
into the functional currency using the
exchange rate prevailing at the date of the
transaction. Foreign exchange gains and
losses resulting from the settlement of such
transactions and from the translation at
balance sheet exchange rates of monetary
assets and liabilities denominated in foreign
currencies are recognised in the income
statement, with exchange differences
arising on trading transactions being
reported in operating pro\ufb01t and with those
arising on \ufb01nancing transactions reported
in net \ufb01nance costs unless, as a result of
cash \ufb02ow hedging, they are reported in other
comprehensive income.
(c) Group companies
The results and \ufb01nancial position of all
the Group entities that have a functional
currency different from the presentation
currency are translated into the presentation
currency as follows:
(i)
Assets and liabilities for each balance
sheet are translated at the closing rate at the
date of that balance sheet.
(ii)
Income and expenses for each income
statement are translated at average
exchange rates.
(iii)
All resulting exchange differences
are recognised as a separate component
of equity and presented separately in the
consolidated statement of changes in equity.
The Group\u2019s \ufb01nancial results are principally
exposed to US dollar exchange rates which
are detailed in the table below:
\n \n
US dollar
2025
2024
Closing Rate
1.3435
1.3384
Average Rate
1.3074
1.2652
Employee bene\ufb01ts
(a) Pension obligations
The Group has a number of de\ufb01ned
contribution plans. For de\ufb01ned contribution
plans the Group pays contributions into a
privately administered pension plan on a
contractual or voluntary basis. The Group
has no further payment obligations once the
contributions have been paid. Contributions
are charged to the income statement as they
are incurred.
(b) Share-based compensation
The Group operates a number of share-based
compensation plans.
The fair value of the employee services
received in exchange for the grant of the
awards is recognised as an expense. The total
amount to be expensed over the appropriate
service period is determined by reference to
the fair value of the awards. The calculation
of fair value includes assumptions regarding
the number of cancellations and excludes
the impact of any non-market vesting
conditions (for example, earnings per share).
Non-market vesting conditions are included
in assumptions about the number of awards
that are expected to vest. At each balance
sheet date, the Group revises its estimates
of the number of awards that are expected to
vest. It recognises the impact of the revision
of original estimates, if any, in the income
statement, with a corresponding adjustment
to equity for equity-settled awards and
liabilities for cash-settled awards.
The grant by the Company of share awards
to the employees of subsidiary undertakings
is treated as a capital contribution. The
fair value of employee services received,
measured by reference to the grant date fair
value, is recognised over the vesting period
as an increase to investment in subsidiary
undertakings, with a corresponding credit to
equity in the Company\u2019s \ufb01nancial statements.
Shares in the Company are held in trust to
satisfy the exercise of awards under certain
of the Group\u2019s share-based compensation
plans and exceptional awards. The trust is
consolidated within the Group and Company
\ufb01nancial statements. These shares are
presented in the consolidated balance sheet
as a deduction from equity at the market
value on the date of acquisition.
(c) Bonus plans
The Group recognises a liability and
an expense for bonuses taking into
consideration the pro\ufb01t attributable to
the Company\u2019s shareholders after certain
adjustments. The Group recognises a
provision where contractually obliged or
where there is a past practice that has
created a constructive obligation.
Leases
Property leases are recognised on the
balance sheet as a right-of-use asset and
corresponding lease liability at the date
the leased asset is available for use. Lease
liabilities are measured at the present value
of payments less lease incentives receivable.
Right-of-use assets are measured equal
to the value of the lease liability plus
restoration costs.
Lease payments are discounted using the
interest rate implicit in the lease, or where not
available, the incremental borrowing rate (for
leases existing on transition the incremental
borrowing rate). Short-term and low-value
leases are recognised on a straight-line basis
as an expense in the income statement.
Finance costs are charged to the income
statement over the lease term, at a constant
periodic rate of interest. Right-of-use assets
are depreciated over the lease term on a
straight-line basis. Each lease payment is
allocated between the liability and \ufb01nance
cost.
Tax
Tax on the pro\ufb01t or loss for the year
comprises current tax and deferred tax.
Tax is recognised in the income statement
except to the extent that it relates to items
recognised directly in equity in which case it
is recognised in equity.
Current tax is payable based on taxable
pro\ufb01ts for the year, using tax rates that have
been enacted or substantively enacted
at the balance sheet date, along with
any adjustment relating to tax payable in
previous years. Management periodically
evaluates items detailed in tax returns
where the tax treatment is subject to
interpretation. Taxable pro\ufb01t differs from
net pro\ufb01t in the income statement in that
income or expense items that are taxable
or deductible in other years are excluded
\u2013 as are items that are never taxable or
deductible. Current tax assets relate to
payments on account not offset against
current tax liabilities.
Deferred tax is provided for in full, using the
liability method, on temporary differences
arising between the tax bases of assets
and liabilities and their carrying amounts
in the consolidated \ufb01nancial statements.
However, deferred tax is not accounted
for if it arises from initial recognition of an
asset or liability in a transaction other than
a business combination that at the time of
the transaction affects neither accounting
nor taxable pro\ufb01t or loss. Deferred tax is
determined using tax rates (and laws) that
have been enacted or substantively enacted
by the balance sheet date and are expected
to apply when the related deferred tax asset
is realised or the deferred tax liability is
settled in the appropriate territory.
Deferred tax assets are recognised to the
extent that it is probable that future taxable
pro\ufb01ts will be available against which the
temporary differences can be utilised.
Deferred tax is provided on temporary
differences arising on investments in
subsidiaries, except where the timing of
the reversal of the temporary difference is
controlled by the Group and it is probable
that the temporary difference will not
reverse in the foreseeable future.
Certain deferred tax assets and liabilities are
offset against each other where they relate
to the same jurisdiction and there is a legally
enforceable right to offset.
Uncertain tax positions are provided for
under IAS 12, with due consideration for
the interpretive guidance in IFRIC 23. Each
uncertain tax treatment is considered either
separately or together with other uncertain
positions in the same jurisdiction, depending
on which approach better predicts the
resolution of the uncertainty.
The effect of the uncertainty is measured
with reference to the expected value, i.e. the
sum of the probability-weighted amounts in
a range of possible outcomes. The expected
value better predicts the resolution of
the uncertainty where there is a range of
possible outcomes.
Deferred tax in business combinations
In business combinations, deferred tax
is calculated at the date of acquisition.
Where the fair value (and therefore the
acquisition accounting value) of assets
acquired is different from its tax base, a
deferred tax asset or liability is recognised
on the temporary difference. The tax base is
dependent on the expected tax deductions
available in the applicable jurisdiction over
the life of the asset.
Dividends
All dividend distributions to the Company\u2019s
shareholders are recognised as a liability
in the \ufb01nancial statements in the period in
which they are approved.
Property, plant and equipment
Property, plant and equipment is stated at
cost (or deemed cost) less accumulated
depreciation and impairment losses. Cost
includes the original purchase price of the
asset and amounts attributable to bringing
the asset to its working condition for its
intended use.
Depreciation
Depreciation is calculated using the straight-
line method to allocate the cost of property,
plant and equipment less residual value over
estimated useful lives, as follows:
\u2022
Land and buildings
\ufb01fty years or shorter if deemed appropriate.
\u2022 Plant and machinery
between one and \ufb01ve years.
\u2022 Equipment, \ufb01xtures and \ufb01ttings
between one and \ufb01ve years.
\u2022 Right-of-use assets
\u2013 lease term.
The assets\u2019 residual values and useful lives
are reviewed, and adjusted if appropriate, at
each balance sheet date. An asset\u2019s carrying
amount is written down immediately to its
recoverable amount if the asset\u2019s carrying
amount is greater than its estimated
recoverable amount.
Gains and losses on disposals are determined
by comparing proceeds with carrying
amounts. These are included in the income
statement.
Intangible assets
(a) Goodwill
Goodwill represents the difference between
the cost of the acquisition and the fair value
of net identi\ufb01able assets acquired. Goodwill
is stated at cost less any accumulated
impairment losses. Goodwill is allocated
to appropriate groups of cash generating
units (those expected to bene\ufb01t from the
business combination) and it is not subject
to amortisation but is tested annually for
impairment.
(b) Acquired intangible assets
These intangible assets have a \ufb01nite useful
life and are stated at cost less accumulated
amortisation. Assets acquired as part of a
business combination are initially stated at
fair value. Amortisation is calculated using
the straight-line method to allocate the cost
of these intangibles over their estimated
useful lives (typically between three and
twenty years).
Expenditure incurred on the launch of new
magazine titles is recognised as an expense
in the income statement as incurred.
(c) Computer software and website
development (non-acquired intangible
assets)
Non-integral computer software purchases
are stated at cost less accumulated
amortisation. Costs incurred in the
development of new websites are capitalised
only where the cost can be directly attributed
to developing the website to operate in the
manner intended by management and only
to the extent of the future economic bene\ufb01ts
expected from its use. These costs are
amortised on a straight-line basis over their
estimated useful lives (typically two years).
Costs associated with maintaining computer
software or websites are recognised as an
expense as incurred.
Impairment tests and cash-generating
units (CGUs)
A CGU is de\ufb01ned as the smallest identi\ufb01able
group of assets that generates cash in\ufb02ows
that are largely independent of the cash
in\ufb02ows from other assets or groups of assets.
Goodwill is not amortised but tested for
impairment at least once a year or more
frequently when there is an indication that
it may be impaired. Therefore, the evolution
of general economic and \ufb01nancial trends
as well as actual economic performance
compared to market expectations represent
external indicators that are analysed by the
Group, together with internal performance
indicators, in order to assess whether an
impairment test should be performed more
than once a year.
IAS 36 Impairment of Assets requires these
tests to be performed at the level of each
CGU or group of CGUs likely to bene\ufb01t from
acquisition-related synergies, within an
operating segment.
Any impairment of goodwill is recorded
in the income statement as a deduction
from operating pro\ufb01t and is never reversed
subsequently.
Other intangible assets with a \ufb01nite life are
amortised and are tested for impairment
only where there is an indication that an
impairment may have occurred.
Recoverable amount
To determine whether an impairment loss
should be recognised, the carrying value
of the assets and liabilities of the CGUs
or groups of CGUs is compared to their
recoverable amount.
Carrying values of CGUs and groups of CGUs
tested include goodwill and assets with \ufb01nite
useful lives (property, plant and equipment
and intangible assets).
The recoverable amount of a CGU is the
higher of its fair value, less costs to sell and
its value in use. Fair value less costs to sell is
the best estimate of the amount obtainable
from the sale of an asset in an arm\u2019s length
transaction between knowledgeable, willing
parties, less the costs of disposal. This
estimate is determined, on the balance sheet
date, on the basis of the discounted present
value of expected future cash \ufb02ows plus a
terminal value and re\ufb02ects general market
sentiment and conditions.
Value in use is the present value of the
future cash \ufb02ows expected to be derived
from the CGUs or group of CGUs. Cash
\ufb02ow projections are based on economic
assumptions and forecast trading conditions
drawn up by the Group\u2019s management, as
follows:
\u2022 cash \ufb02ow projections are based on three-
year business plans;
\u2022 cash \ufb02ow projections beyond that time
frame are extrapolated by applying a growth
rate to year 5 and a division-speci\ufb01c long
term growth rate to perpetuity for
B2C,
Go.Compare and B2B; and
\u2022 the cash \ufb02ows obtained are discounted
using appropriate rates for the business and
the territories concerned.
If goodwill has been allocated to a CGU and
an operation within that CGU is disposed of,
the goodwill associated with that operation
is included in the carrying amount of the
operation in determining the pro\ufb01t or loss
on disposal. The goodwill allocated to
the disposal is measured on the basis of
the relative pro\ufb01tability of the operation
disposed of and the operations retained.
Trade and other receivables
Trade receivables are initially recognised at
their transaction price. Other receivables are
initially recognised at fair value and both are
subsequently measured at amortised cost
using the effective interest method, less a
loss allowance.
The Group applies the IFRS 9 simpli\ufb01ed
approach to measuring expected credit
losses, which uses a lifetime expected
loss allowance for all trade receivables.
Expected loss rates, calculated based on
historical credit losses, are applied to trade
receivables grouped based on days past due.
Excpeted credit loss rates are calculated on
a historic basis, as current understanding of
customer behaviour and macro-economic
trends provide comfort that historic activity
is representative of the current portfolio
behaviours.
Cash and cash equivalents
Cash and cash equivalents include cash in
hand and deposits held on call with banks.
Bank overdrafts are shown within borrowings
in current liabilities on the balance sheet.
Trade and other payables
Trade and other payables are initially
recognised at fair value and subsequently
measured at amortised cost.
Borrowings
Borrowings are recognised initially at fair
value, net of transaction costs incurred.
Borrowings are subsequently stated at
amortised cost with any difference between
the proceeds (net of transaction costs)
and the redemption value recognised in
the income statement over the period of
the borrowings using the effective interest
method.
Borrowings are classi\ufb01ed as current liabilities
where the Group does not have the right
at the end of the reporting period to defer
settlement of the liability for at least 12
months after the reporting period.
Derivative \ufb01nancial instruments
The Group uses interest rate swaps to hedge
its exposure to interest rate risk arising from
operational activities. Further details
are
disclosed in note 22.
A derivative with a positive fair value is
recognised as a \ufb01nancial asset whereas
a derivative with a negative fair value is
recognised as a \ufb01nancial liability. Derivatives
are not offset in the \ufb01nancial statements
unless the Group has both a legally
enforceable right and intention to offset. The
impact of any master netting agreements
on the Group\u2019s \ufb01nancial position is disclosed
in note 22. The full fair value of a hedging
derivative is classi\ufb01ed as a non-current asset
or liability if the remaining maturity of the
hedged item is more than 12 months and
as a current asset or liability, if the maturity
of the hedged item is less than 12 months.
Settlements on derivatives are presented
within interest paid in the consolidated cash
\ufb02ow statement.
The Group does not hold or issue derivative
contracts for trading purposes.
The Group
has a policy not to, and does not, undertake
any speculative activity in these instruments.
Hedge accounting
The Group designates certain derivatives as
hedges of a particular risk associated with
the cash \ufb02ows of recognised assets and
liabilities and highly probable forecasted
transactions (cash \ufb02ow hedges).
At the inception of the hedge relationship,
the Group formally documents the economic
relationship between the hedging instrument
and the hedged item, along with its risk
management objectives and its strategy
for undertaking the hedge transactions.
Furthermore, at the inception of the hedge
and on an ongoing basis, the Group monitors
whether the hedging instrument is effective
in offsetting changes in cash \ufb02ows of the
hedged item.
Cash \ufb02ow hedges
The Group accounts for certain derivatives
as cash \ufb02ow hedges. The effective
portion of the change in fair value of the
hedging instrument is recorded in other
comprehensive income and accumulated
in the cash \ufb02ow hedging reserve, while the
ineffective portion is recognised immediately
in the consolidated income statement. Gains
and losses on cash \ufb02ow hedges accumulated
in other comprehensive income/(loss) are
reclassi\ufb01ed to the consolidated income
statement in the same year the hedged item
affects the consolidated income statement.
The Group discontinues hedge accounting
only when the hedging relationship (or a
part thereof) ceases to meet the qualifying
criteria. This includes instances when
the hedging instrument expires or is sold,
terminated or exercised. The discontinuation
is accounted for prospectively. Any gain or
loss recognised in other comprehensive
income and accumulated in cash \ufb02ow hedge
reserve at that time remains in equity and
is reclassi\ufb01ed to pro\ufb01t or loss when the
forecast transaction occurs. When a forecast
transaction is no longer expected to occur,
the gain or loss accumulated in the cash \ufb02ow
hedge reserve is reclassi\ufb01ed immediately to
pro\ufb01t or loss.
Provisions
Provisions are recognised when the Group
has a present legal or constructive obligation
as a result of past events, and it is more likely
than not that an out\ufb02ow of resources will be
required to settle the obligation.
Provisions are measured at the Directors\u2019
best estimate of the expenditure required
to settle the obligation at the balance sheet
date, and are discounted to present value
where the effect is material.
Investments
The Company\u2019s investments in subsidiary
undertakings are stated at the fair value
of consideration payable, including related
acquisition costs, less any provisions for
impairment.
Exceptional items
The Group considers items of income and
expense as exceptional and excludes them
from the adjusted results where the nature of
the item, or its size, is signi\ufb01cant and/or is not
related to the core trading of the Group. This is
to assist the user of the \ufb01nancial statements to
understand the results of the core underlying
operations of the Group. Details of exceptional
items are shown in note 5.
Critical accounting assumptions,
judgements and estimates
The preparation of the \ufb01nancial statements
under IFRS requires the use of certain
critical accounting assumptions and requires
management to exercise its judgement and
to make estimates in the process of applying
the Group\u2019s accounting policies.
Critical judgements in applying the Group\u2019s
accounting policies
The areas where the Board has made
critical judgements in applying the Group\u2019s
accounting policies (apart from those
involving estimations which are dealt with
separately below) are:
(a) Exceptional items
Judgement is applied in determining
exceptional items credited or incurred
in the year. The Group de\ufb01nes an item
as exceptional where its nature, size or
materiality is not related to the core trading
of the Group so as to assist the user of the
\ufb01nancial statements to understand the
results of the core underlying operations of
the Group.
Exceptional items in the year include
impairment of goodwill and acquired
intangible assets, onerous property costs
and restructuring costs.
See note 5 for
further details.
Key sources of estimation uncertainty
Management con\ufb01rms that there are no key
sources of estimation uncertainty that may
have a signi\ufb01cant risk of causing a material
adjustment to the carrying amounts of assets
and liabilities within the next \ufb01nancial year.
The Directors have assessed that there is
currently no material impact arising from
climate change on the judgements and
estimates determining the valuations within
the \ufb01nancial statements. ", "dimensions": { "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00398": { "value": "Compliance statement and basis of preparation
The \ufb01nancial statements consolidate those of Future plc and its subsidiaries (the Group). The Consolidated Financial Statements
have been prepared in accordance with international accounting standards in conformity with the requirements of the Companies
Act 2006 and UK adopted IFRS. The principal accounting policies applied in the preparation of the consolidated \ufb01nancial
statements published in this 2025 Annual Report are set out on pages
137 to 141. These policies have been applied consistently
to all years presented, unless otherwise stated below. These \ufb01nancial statements have been prepared under the historical cost
convention, except for derivative \ufb01nancial instruments and contingent and deferred consideration, which are measured at fair
value.
General information
Future plc (the Company) is incorporated
and registered in England and Wales and
is a public company limited by shares. The
address of the Company\u2019s registered of\ufb01ce
and its registered address is:
Quay House,
The Ambury,
Bath,
BA1 1UA,
United Kingdom.
The Company\u2019s registered number is given
on page 134.
Accounting policies
The Company has applied Financial
Reporting Standard 101 \u2018Reduced Disclosure
Framework\u2019 (FRS 101) issued by the Financial
Reporting Council (FRC). In these \ufb01nancial
statements, the Company has applied the
exemptions available under FRS 101 in
respect of the following disclosures:
\u2022 A Cash Flow Statement and related notes;
\u2022 Comparative period reconciliations for
share capital and tangible \ufb01xed assets;
\u2022 Disclosures in respect of transactions with
wholly owned subsidiaries;
\u2022 Disclosures in respect of capital
management;
\u2022 The effects of new but not yet effective
IFRS; and
\u2022 Disclosures in respect of the compensation
of Key Management Personnel.
The Company produces consolidated
\ufb01nancial statements which are prepared
in accordance with International Financial
Reporting Standards (\u2018IFRS\u2019).
As the
consolidated \ufb01nancial statements of the
Company include the equivalent disclosures,
the Company has also taken the exemptions
under FRS 101 available in respect of the
following disclosures:
\u2022 IFRS 2 Share-based payment in respect of
group settled share-based payments; and
\u2022 The disclosures required by IFRS 7 and
IFRS 13 regarding \ufb01nancial instruments
disclosures have not been provided.
As permitted by s408 of the Companies
Act 2006, the Company has elected not to
present its own pro\ufb01t and loss account or
statement of comprehensive income for the
year. The loss attributable to the Company is
disclosed in the footnote to the Company\u2019s
balance sheet. ", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00396": { "value": "The Consolidated Financial Statements
have been prepared in accordance with international accounting standards in conformity with the requirements of the Companies
Act 2006 and UK adopted IFRS", "dimensions": { "concept": "ifrs-full:StatementOfIFRSCompliance", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00388": { "value": "Future plc", "dimensions": { "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00393": { "value": "England and Wales", "dimensions": { "concept": "ifrs-full:PrincipalPlaceOfBusiness", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00391": { "value": "England and Wales", "dimensions": { "concept": "ifrs-full:CountryOfIncorporation", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00389": { "value": "England and Wales", "dimensions": { "concept": "ifrs-full:DomicileOfEntity", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00390": { "value": "public company limited by shares", "dimensions": { "concept": "ifrs-full:LegalFormOfEntity", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00399": { "value": "Basis of consolidation
The consolidated \ufb01nancial statements
incorporate the \ufb01nancial statements of
Future plc (\u2018the Company\u2019) and its subsidiary
undertakings. Subsidiaries are all entities
controlled by the Group. Control exists
when the Group is either exposed to or
has the rights to variable returns from its
involvement with the entity and has the
ability to affect those returns through its
power over the entity. Subsidiaries are
fully consolidated from the date on which
control is transferred to the Group. They are
deconsolidated from the date that control
ceases. The purchase method of accounting
is used to account for the acquisition of
subsidiaries by the Group.
The cost of an acquisition is measured as
the fair value of the assets given, equity
instruments issued and liabilities incurred
or assumed at the date of exchange, and
includes the fair value of any asset or liability
resulting from a contingent consideration
arrangement. Acquisition-related costs are
expensed as incurred. Identi\ufb01able assets
acquired and liabilities and contingent
liabilities assumed in a business combination
are measured initially at their fair values
at the acquisition date. The excess of the
cost of acquisition over the fair value of the
Group\u2019s share of the identi\ufb01able net assets
acquired is recorded as goodwill.
Intercompany transactions, balances and
unrealised gains on transactions between
Group companies are eliminated.
Unrealised losses are also eliminated but
are considered an impairment indicator of
the asset transferred. Accounting policies
of subsidiaries have been changed where
necessary to ensure consistency with the
policies adopted by the Group.", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00458": { "value": "Segment reporting
The Group is organised and arranged
primarily by reportable segment. From 1
October 2024, the Executive Directors
consider the performance of the business
from a divisional perspective of B2C,
Go.Compare and B2B.
The revised operating
segments are reported in a manner
consistent with the internal reporting
provided to the Chief Operating Decision
Makers who are considered to be the
Executive Directors of Future plc. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00459": { "value": "Revenue recognition
Revenue from contracts with customers is
recognised in the income statement in line
with the \ufb01ve-step model in IFRS 15, to re\ufb02ect
the pattern of transfer of goods and services
to the customer. Revenue is recognised in the
income statement when control passes to
the customer. If the customer simultaneously
receives and consumes the bene\ufb01ts of the
contract, revenue is recognised over time.
Otherwise, revenue is recognised at a point
in time.
Revenue comprises the transaction price of
the contract, being consideration received
or receivable for the sale of goods and
services in the ordinary course of the Group\u2019s
activities. Revenue is shown net of value-
added tax, estimated returns, rebates and
discounts, which includes retail promotion
costs and advertising rebates, and after
eliminating sales within the Group.
For print and digital magazine newstrade
and subscription revenue, and digital
advertising revenues and expenses, revenue
is recognised as the amount paid by the end
consumer, rather than the amount remitted
by the agent. Related commissions paid to
agents are recognised as an expense within
cost of sales.
See note 2 on page 143 for details of the
Group\u2019s revenue recognition policy.
The right of return is considered to be
variable consideration. The probable amount
of expected returns is estimated using the
most-likely amount method and accounted
for as a reduction in revenue.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00460": { "value": "Foreign currency translation
(a) Functional and presentation currency
Items included in the \ufb01nancial statements
of each of the Group\u2019s entities are measured
using the currency of the primary economic
environment in which the entity operates
(\u2018the functional currency\u2019). The consolidated
\ufb01nancial statements are presented in sterling,
which is the Group\u2019s presentation currency.
(b) Transactions and balances
Foreign currency transactions are translated
into the functional currency using the
exchange rate prevailing at the date of the
transaction. Foreign exchange gains and
losses resulting from the settlement of such
transactions and from the translation at
balance sheet exchange rates of monetary
assets and liabilities denominated in foreign
currencies are recognised in the income
statement, with exchange differences
arising on trading transactions being
reported in operating pro\ufb01t and with those
arising on \ufb01nancing transactions reported
in net \ufb01nance costs unless, as a result of
cash \ufb02ow hedging, they are reported in other
comprehensive income.
(c) Group companies
The results and \ufb01nancial position of all
the Group entities that have a functional
currency different from the presentation
currency are translated into the presentation
currency as follows:
(i)
Assets and liabilities for each balance
sheet are translated at the closing rate at the
date of that balance sheet.
(ii)
Income and expenses for each income
statement are translated at average
exchange rates.
(iii)
All resulting exchange differences
are recognised as a separate component
of equity and presented separately in the
consolidated statement of changes in equity.
The Group\u2019s \ufb01nancial results are principally
exposed to US dollar exchange rates which
are detailed in the table below:
\n \n
US dollar
2025
2024
Closing Rate
1.3435
1.3384
Average Rate
1.3074
1.2652
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00461": { "value": "(a) Functional and presentation currency
Items included in the \ufb01nancial statements
of each of the Group\u2019s entities are measured
using the currency of the primary economic
environment in which the entity operates
(\u2018the functional currency\u2019). The consolidated
\ufb01nancial statements are presented in sterling,
which is the Group\u2019s presentation currency. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00463": { "value": "(c) Group companies
The results and \ufb01nancial position of all
the Group entities that have a functional
currency different from the presentation
currency are translated into the presentation
currency as follows:
(i)
Assets and liabilities for each balance
sheet are translated at the closing rate at the
date of that balance sheet.
(ii)
Income and expenses for each income
statement are translated at average
exchange rates.
(iii)
All resulting exchange differences
are recognised as a separate component
of equity and presented separately in the
consolidated statement of changes in equity.
The Group\u2019s \ufb01nancial results are principally
exposed to US dollar exchange rates which
are detailed in the table below:
\n \n
US dollar
2025
2024
Closing Rate
1.3435
1.3384
Average Rate
1.3074
1.2652
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00462": { "value": "(c) Group companies
The results and \ufb01nancial position of all
the Group entities that have a functional
currency different from the presentation
currency are translated into the presentation
currency as follows:
(i)
Assets and liabilities for each balance
sheet are translated at the closing rate at the
date of that balance sheet.
(ii)
Income and expenses for each income
statement are translated at average
exchange rates.
(iii)
All resulting exchange differences
are recognised as a separate component
of equity and presented separately in the
consolidated statement of changes in equity.
The Group\u2019s \ufb01nancial results are principally
exposed to US dollar exchange rates which
are detailed in the table below:
\n \n
US dollar
2025
2024
Closing Rate
1.3435
1.3384
Average Rate
1.3074
1.2652
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00464": { "value": "Employee bene\ufb01ts
(a) Pension obligations
The Group has a number of de\ufb01ned
contribution plans. For de\ufb01ned contribution
plans the Group pays contributions into a
privately administered pension plan on a
contractual or voluntary basis. The Group
has no further payment obligations once the
contributions have been paid. Contributions
are charged to the income statement as they
are incurred.
(b) Share-based compensation
The Group operates a number of share-based
compensation plans.
The fair value of the employee services
received in exchange for the grant of the
awards is recognised as an expense. The total
amount to be expensed over the appropriate
service period is determined by reference to
the fair value of the awards. The calculation
of fair value includes assumptions regarding
the number of cancellations and excludes
the impact of any non-market vesting
conditions (for example, earnings per share).
Non-market vesting conditions are included
in assumptions about the number of awards
that are expected to vest. At each balance
sheet date, the Group revises its estimates
of the number of awards that are expected to
vest. It recognises the impact of the revision
of original estimates, if any, in the income
statement, with a corresponding adjustment
to equity for equity-settled awards and
liabilities for cash-settled awards.
The grant by the Company of share awards
to the employees of subsidiary undertakings
is treated as a capital contribution. The
fair value of employee services received,
measured by reference to the grant date fair
value, is recognised over the vesting period
as an increase to investment in subsidiary
undertakings, with a corresponding credit to
equity in the Company\u2019s \ufb01nancial statements.
Shares in the Company are held in trust to
satisfy the exercise of awards under certain
of the Group\u2019s share-based compensation
plans and exceptional awards. The trust is
consolidated within the Group and Company
\ufb01nancial statements. These shares are
presented in the consolidated balance sheet
as a deduction from equity at the market
value on the date of acquisition.
(c) Bonus plans
The Group recognises a liability and
an expense for bonuses taking into
consideration the pro\ufb01t attributable to
the Company\u2019s shareholders after certain
adjustments. The Group recognises a
provision where contractually obliged or
where there is a past practice that has
created a constructive obligation.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00465": { "value": "Leases
Property leases are recognised on the
balance sheet as a right-of-use asset and
corresponding lease liability at the date
the leased asset is available for use. Lease
liabilities are measured at the present value
of payments less lease incentives receivable.
Right-of-use assets are measured equal
to the value of the lease liability plus
restoration costs.
Lease payments are discounted using the
interest rate implicit in the lease, or where not
available, the incremental borrowing rate (for
leases existing on transition the incremental
borrowing rate). Short-term and low-value
leases are recognised on a straight-line basis
as an expense in the income statement.
Finance costs are charged to the income
statement over the lease term, at a constant
periodic rate of interest. Right-of-use assets
are depreciated over the lease term on a
straight-line basis. Each lease payment is
allocated between the liability and \ufb01nance
cost.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00466": { "value": "Tax
Tax on the pro\ufb01t or loss for the year
comprises current tax and deferred tax.
Tax is recognised in the income statement
except to the extent that it relates to items
recognised directly in equity in which case it
is recognised in equity.
Current tax is payable based on taxable
pro\ufb01ts for the year, using tax rates that have
been enacted or substantively enacted
at the balance sheet date, along with
any adjustment relating to tax payable in
previous years. Management periodically
evaluates items detailed in tax returns
where the tax treatment is subject to
interpretation. Taxable pro\ufb01t differs from
net pro\ufb01t in the income statement in that
income or expense items that are taxable
or deductible in other years are excluded
\u2013 as are items that are never taxable or
deductible. Current tax assets relate to
payments on account not offset against
current tax liabilities.
Deferred tax is provided for in full, using the
liability method, on temporary differences
arising between the tax bases of assets
and liabilities and their carrying amounts
in the consolidated \ufb01nancial statements.
However, deferred tax is not accounted
for if it arises from initial recognition of an
asset or liability in a transaction other than
a business combination that at the time of
the transaction affects neither accounting
nor taxable pro\ufb01t or loss. Deferred tax is
determined using tax rates (and laws) that
have been enacted or substantively enacted
by the balance sheet date and are expected
to apply when the related deferred tax asset
is realised or the deferred tax liability is
settled in the appropriate territory.
Deferred tax assets are recognised to the
extent that it is probable that future taxable
pro\ufb01ts will be available against which the
temporary differences can be utilised.
Deferred tax is provided on temporary
differences arising on investments in
subsidiaries, except where the timing of
the reversal of the temporary difference is
controlled by the Group and it is probable
that the temporary difference will not
reverse in the foreseeable future.
Certain deferred tax assets and liabilities are
offset against each other where they relate
to the same jurisdiction and there is a legally
enforceable right to offset.
Uncertain tax positions are provided for
under IAS 12, with due consideration for
the interpretive guidance in IFRIC 23. Each
uncertain tax treatment is considered either
separately or together with other uncertain
positions in the same jurisdiction, depending
on which approach better predicts the
resolution of the uncertainty.
The effect of the uncertainty is measured
with reference to the expected value, i.e. the
sum of the probability-weighted amounts in
a range of possible outcomes. The expected
value better predicts the resolution of
the uncertainty where there is a range of
possible outcomes.
Deferred tax in business combinations
In business combinations, deferred tax
is calculated at the date of acquisition.
Where the fair value (and therefore the
acquisition accounting value) of assets
acquired is different from its tax base, a
deferred tax asset or liability is recognised
on the temporary difference. The tax base is
dependent on the expected tax deductions
available in the applicable jurisdiction over
the life of the asset. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00467": { "value": "Deferred tax is provided for in full, using the
liability method, on temporary differences
arising between the tax bases of assets
and liabilities and their carrying amounts
in the consolidated \ufb01nancial statements.
However, deferred tax is not accounted
for if it arises from initial recognition of an
asset or liability in a transaction other than
a business combination that at the time of
the transaction affects neither accounting
nor taxable pro\ufb01t or loss. Deferred tax is
determined using tax rates (and laws) that
have been enacted or substantively enacted
by the balance sheet date and are expected
to apply when the related deferred tax asset
is realised or the deferred tax liability is
settled in the appropriate territory.
Deferred tax assets are recognised to the
extent that it is probable that future taxable
pro\ufb01ts will be available against which the
temporary differences can be utilised.
Deferred tax is provided on temporary
differences arising on investments in
subsidiaries, except where the timing of
the reversal of the temporary difference is
controlled by the Group and it is probable
that the temporary difference will not
reverse in the foreseeable future.
Certain deferred tax assets and liabilities are
offset against each other where they relate
to the same jurisdiction and there is a legally
enforceable right to offset.
Uncertain tax positions are provided for
under IAS 12, with due consideration for
the interpretive guidance in IFRIC 23. Each
uncertain tax treatment is considered either
separately or together with other uncertain
positions in the same jurisdiction, depending
on which approach better predicts the
resolution of the uncertainty.
The effect of the uncertainty is measured
with reference to the expected value, i.e. the
sum of the probability-weighted amounts in
a range of possible outcomes. The expected
value better predicts the resolution of
the uncertainty where there is a range of
possible outcomes.
Deferred tax in business combinations
In business combinations, deferred tax
is calculated at the date of acquisition.
Where the fair value (and therefore the
acquisition accounting value) of assets
acquired is different from its tax base, a
deferred tax asset or liability is recognised
on the temporary difference. The tax base is
dependent on the expected tax deductions
available in the applicable jurisdiction over
the life of the asset.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00468": { "value": "Deferred tax in business combinations
In business combinations, deferred tax
is calculated at the date of acquisition.
Where the fair value (and therefore the
acquisition accounting value) of assets
acquired is different from its tax base, a
deferred tax asset or liability is recognised
on the temporary difference. The tax base is
dependent on the expected tax deductions
available in the applicable jurisdiction over
the life of the asset.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00469": { "value": "Dividends
All dividend distributions to the Company\u2019s
shareholders are recognised as a liability
in the \ufb01nancial statements in the period in
which they are approved. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00470": { "value": "Property, plant and equipment
Property, plant and equipment is stated at
cost (or deemed cost) less accumulated
depreciation and impairment losses. Cost
includes the original purchase price of the
asset and amounts attributable to bringing
the asset to its working condition for its
intended use.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00471": { "value": "Depreciation
Depreciation is calculated using the straight-
line method to allocate the cost of property,
plant and equipment less residual value over
estimated useful lives, as follows:
\u2022
Land and buildings
\ufb01fty years or shorter if deemed appropriate.
\u2022 Plant and machinery
between one and \ufb01ve years.
\u2022 Equipment, \ufb01xtures and \ufb01ttings
between one and \ufb01ve years.
\u2022 Right-of-use assets
\u2013 lease term.
The assets\u2019 residual values and useful lives
are reviewed, and adjusted if appropriate, at
each balance sheet date. An asset\u2019s carrying
amount is written down immediately to its
recoverable amount if the asset\u2019s carrying
amount is greater than its estimated
recoverable amount.
Gains and losses on disposals are determined
by comparing proceeds with carrying
amounts. These are included in the income
statement.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00473": { "value": "Intangible assets(b) Acquired intangible assets
These intangible assets have a \ufb01nite useful
life and are stated at cost less accumulated
amortisation. Assets acquired as part of a
business combination are initially stated at
fair value. Amortisation is calculated using
the straight-line method to allocate the cost
of these intangibles over their estimated
useful lives (typically between three and
twenty years).
Expenditure incurred on the launch of new
magazine titles is recognised as an expense
in the income statement as incurred.
(c) Computer software and website
development (non-acquired intangible
assets)
Non-integral computer software purchases
are stated at cost less accumulated
amortisation. Costs incurred in the
development of new websites are capitalised
only where the cost can be directly attributed
to developing the website to operate in the
manner intended by management and only
to the extent of the future economic bene\ufb01ts
expected from its use. These costs are
amortised on a straight-line basis over their
estimated useful lives (typically two years).
Costs associated with maintaining computer
software or websites are recognised as an
expense as incurred.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00472": { "value": "Intangible assets
(a) Goodwill
Goodwill represents the difference between
the cost of the acquisition and the fair value
of net identi\ufb01able assets acquired. Goodwill
is stated at cost less any accumulated
impairment losses. Goodwill is allocated
to appropriate groups of cash generating
units (those expected to bene\ufb01t from the
business combination) and it is not subject
to amortisation but is tested annually for
impairment.
(b) Acquired intangible assets
These intangible assets have a \ufb01nite useful
life and are stated at cost less accumulated
amortisation. Assets acquired as part of a
business combination are initially stated at
fair value. Amortisation is calculated using
the straight-line method to allocate the cost
of these intangibles over their estimated
useful lives (typically between three and
twenty years).
Expenditure incurred on the launch of new
magazine titles is recognised as an expense
in the income statement as incurred.
(c) Computer software and website
development (non-acquired intangible
assets)
Non-integral computer software purchases
are stated at cost less accumulated
amortisation. Costs incurred in the
development of new websites are capitalised
only where the cost can be directly attributed
to developing the website to operate in the
manner intended by management and only
to the extent of the future economic bene\ufb01ts
expected from its use. These costs are
amortised on a straight-line basis over their
estimated useful lives (typically two years).
Costs associated with maintaining computer
software or websites are recognised as an
expense as incurred.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00474": { "value": "(c) Computer software and website
development (non-acquired intangible
assets)
Non-integral computer software purchases
are stated at cost less accumulated
amortisation. Costs incurred in the
development of new websites are capitalised
only where the cost can be directly attributed
to developing the website to operate in the
manner intended by management and only
to the extent of the future economic bene\ufb01ts
expected from its use. These costs are
amortised on a straight-line basis over their
estimated useful lives (typically two years).
Costs associated with maintaining computer
software or websites are recognised as an
expense as incurred.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00475": { "value": "Impairment tests and cash-generating
units (CGUs)
A CGU is de\ufb01ned as the smallest identi\ufb01able
group of assets that generates cash in\ufb02ows
that are largely independent of the cash
in\ufb02ows from other assets or groups of assets.
Goodwill is not amortised but tested for
impairment at least once a year or more
frequently when there is an indication that
it may be impaired. Therefore, the evolution
of general economic and \ufb01nancial trends
as well as actual economic performance
compared to market expectations represent
external indicators that are analysed by the
Group, together with internal performance
indicators, in order to assess whether an
impairment test should be performed more
than once a year.
IAS 36 Impairment of Assets requires these
tests to be performed at the level of each
CGU or group of CGUs likely to bene\ufb01t from
acquisition-related synergies, within an
operating segment.
Any impairment of goodwill is recorded
in the income statement as a deduction
from operating pro\ufb01t and is never reversed
subsequently.
Other intangible assets with a \ufb01nite life are
amortised and are tested for impairment
only where there is an indication that an
impairment may have occurred. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00476": { "value": "Trade and other receivables
Trade receivables are initially recognised at
their transaction price. Other receivables are
initially recognised at fair value and both are
subsequently measured at amortised cost
using the effective interest method, less a
loss allowance.
The Group applies the IFRS 9 simpli\ufb01ed
approach to measuring expected credit
losses, which uses a lifetime expected
loss allowance for all trade receivables.
Expected loss rates, calculated based on
historical credit losses, are applied to trade
receivables grouped based on days past due.
Excpeted credit loss rates are calculated on
a historic basis, as current understanding of
customer behaviour and macro-economic
trends provide comfort that historic activity
is representative of the current portfolio
behaviours.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00477": { "value": "Cash and cash equivalents
Cash and cash equivalents include cash in
hand and deposits held on call with banks.
Bank overdrafts are shown within borrowings
in current liabilities on the balance sheet.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00478": { "value": "Trade and other payables
Trade and other payables are initially
recognised at fair value and subsequently
measured at amortised cost.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00479": { "value": "Borrowings
Borrowings are recognised initially at fair
value, net of transaction costs incurred.
Borrowings are subsequently stated at
amortised cost with any difference between
the proceeds (net of transaction costs)
and the redemption value recognised in
the income statement over the period of
the borrowings using the effective interest
method.
Borrowings are classi\ufb01ed as current liabilities
where the Group does not have the right
at the end of the reporting period to defer
settlement of the liability for at least 12
months after the reporting period.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00480": { "value": "Derivative \ufb01nancial instruments
The Group uses interest rate swaps to hedge
its exposure to interest rate risk arising from
operational activities. Further details
are
disclosed in note 22.
A derivative with a positive fair value is
recognised as a \ufb01nancial asset whereas
a derivative with a negative fair value is
recognised as a \ufb01nancial liability. Derivatives
are not offset in the \ufb01nancial statements
unless the Group has both a legally
enforceable right and intention to offset. The
impact of any master netting agreements
on the Group\u2019s \ufb01nancial position is disclosed
in note 22. The full fair value of a hedging
derivative is classi\ufb01ed as a non-current asset
or liability if the remaining maturity of the
hedged item is more than 12 months and
as a current asset or liability, if the maturity
of the hedged item is less than 12 months.
Settlements on derivatives are presented
within interest paid in the consolidated cash
\ufb02ow statement.
The Group does not hold or issue derivative
contracts for trading purposes.
The Group
has a policy not to, and does not, undertake
any speculative activity in these instruments.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00481": { "value": "Hedge accounting
The Group designates certain derivatives as
hedges of a particular risk associated with
the cash \ufb02ows of recognised assets and
liabilities and highly probable forecasted
transactions (cash \ufb02ow hedges).
At the inception of the hedge relationship,
the Group formally documents the economic
relationship between the hedging instrument
and the hedged item, along with its risk
management objectives and its strategy
for undertaking the hedge transactions.
Furthermore, at the inception of the hedge
and on an ongoing basis, the Group monitors
whether the hedging instrument is effective
in offsetting changes in cash \ufb02ows of the
hedged item.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00482": { "value": "Provisions
Provisions are recognised when the Group
has a present legal or constructive obligation
as a result of past events, and it is more likely
than not that an out\ufb02ow of resources will be
required to settle the obligation.
Provisions are measured at the Directors\u2019
best estimate of the expenditure required
to settle the obligation at the balance sheet
date, and are discounted to present value
where the effect is material. ", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00491": { "value": "Investments
The Company\u2019s investments in subsidiary
undertakings are stated at the fair value
of consideration payable, including related
acquisition costs, less any provisions for
impairment.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00492": { "value": "Exceptional items
The Group considers items of income and
expense as exceptional and excludes them
from the adjusted results where the nature of
the item, or its size, is signi\ufb01cant and/or is not
related to the core trading of the Group. This is
to assist the user of the \ufb01nancial statements to
understand the results of the core underlying
operations of the Group. Details of exceptional
items are shown in note 5.(a) Exceptional items
Judgement is applied in determining
exceptional items credited or incurred
in the year. The Group de\ufb01nes an item
as exceptional where its nature, size or
materiality is not related to the core trading
of the Group so as to assist the user of the
\ufb01nancial statements to understand the
results of the core underlying operations of
the Group.
Exceptional items in the year include
impairment of goodwill and acquired
intangible assets, onerous property costs
and restructuring costs.
See note 5 for
further details.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForExceptionalItemsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00410": { "value": "Critical accounting assumptions,
judgements and estimates
The preparation of the \ufb01nancial statements
under IFRS requires the use of certain
critical accounting assumptions and requires
management to exercise its judgement and
to make estimates in the process of applying
the Group\u2019s accounting policies.
Critical judgements in applying the Group\u2019s
accounting policies
The areas where the Board has made
critical judgements in applying the Group\u2019s
accounting policies (apart from those
involving estimations which are dealt with
separately below) are:
(a) Exceptional items
Judgement is applied in determining
exceptional items credited or incurred
in the year. The Group de\ufb01nes an item
as exceptional where its nature, size or
materiality is not related to the core trading
of the Group so as to assist the user of the
\ufb01nancial statements to understand the
results of the core underlying operations of
the Group.
Exceptional items in the year include
impairment of goodwill and acquired
intangible assets, onerous property costs
and restructuring costs.
See note 5 for
further details.
Key sources of estimation uncertainty
Management con\ufb01rms that there are no key
sources of estimation uncertainty that may
have a signi\ufb01cant risk of causing a material
adjustment to the carrying amounts of assets
and liabilities within the next \ufb01nancial year.
The Directors have assessed that there is
currently no material impact arising from
climate change on the judgements and
estimates determining the valuations within
the \ufb01nancial statements. ", "dimensions": { "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00411": { "value": "Key sources of estimation uncertainty Management con\ufb01rms that there are no key sources of estimation uncertainty that may have a signi\ufb01cant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next \ufb01nancial year. The Directors have assessed that there is currently no material impact arising from climate change on the judgements and estimates determining the valuations within the \ufb01nancial statements. ", "dimensions": { "concept": "ifrs-full:ExplanationOfAssumptionAboutFutureWithSignificantRiskOfResultingInMaterialAdjustments", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00400": { "value": "1. SEGMENTAL REPORTING
The Group is organised and arranged primarily by reportable segment. From 1 October 2024, the Executive Directors consider the
performance of the business from a divisional perspective of B2C, Go.Compare and B2B. Historically, the performance of the business
was considered on a geographic basis. The comparative \ufb01gures have been restated to re\ufb02ect the new divisional segments. The Group
also uses a sub-segment split of Media (websites and events) and Magazines for further analysis. The Group considers that the assets
within each division are exposed to the same risks.
(i) Segment revenue
\n \n
Restated
Sub-segment
2025
Sub-segment
2024
Segment
Media
Magazines
Total
Media
Magazines
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
B2C
246.2
247.2
493.4
267.4
255.7
523.1
Go.Compare
191.8
\u2212
191.8
202.7
\u2212
202.7
B2B
50.3
3.7
54.0
58.4
4.0
62.4
Total
488.3
250.9
739.2
528.5
259.7
788.2
Transactions between segments are carried out at arm\u2019s length.
No end-customer, or other single customer or group of customers under common control contributed 10% or more to the Group\u2019s
revenue in either the current or prior year.
(ii) Segment adjusted EBITDA
Adjusted EBITDA is used by Executive Directors to assess the performance of each segment.
\n \n
Restated
2025
2024
Segment
\u00a3m
\u00a3m
B2C
128.5
138.4
Go.Compare
80.4
84.0
B2B
14.5
16.7
Total
223.4
239.1
(iii) Segment adjusted operating pro\ufb01t
Adjusted operating pro\ufb01t is used by the Executive Directors to assess the performance of each segment. Operating pro\ufb01t for the Media
and Magazines sub-segments is not reported internally, as overheads are not fully allocated on this basis. The table below shows the
adjusted operating pro\ufb01t for the segments:
\n \n
Restated
2025
2024
Segment
\u00a3m
\u00a3m
B2C
113.3
123.8
Go.Compare
77.6
81.6
B2B
14.5
16.8
Total
205.4
222.2
(iv) Geographical non-current assets
\n \n
2025
2024
\u00a3m
\u00a3m
UK
947.8
961.9
US
535.8
587.4
Total
1,483.6
1,549.3
The Australian business is considered to be part of the UK operations and is not reported separately due to its size.", "dimensions": { "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00401": { "value": "2. REVENUE
The Group applies IFRS 15 Revenue from contracts with customers. See note 1 for disaggregation of revenue by sub-segment.
Timing of satisfaction of performance obligations
Revenue is recognised in the income statement when control passes to the customer. If the customer simultaneously receives and
consumes the bene\ufb01ts of the contract, revenue is recognised over time. Otherwise, revenue is recognised at a point in time.
The table below provides detail for each revenue stream:
\n \n
Revenue
Nature, timing and satisfaction of
stream
performance obligations
Revenue recognition
Online
The Group operates a number of websites with advertising space on their
Revenue is recognised at the point the advert is presented to the
advertising
webpages which are sold via \ufb01rst party and programmatic/third party routes.
consumer or over the period during which the advertisements are served.
revenue
Customers can purchase by time and number of impressions.
For impressions, the performance obligation is the presentation of the advert
The Group has assessed that for \ufb01rst party online advertising they are
to the customer. For time-based adverts, the performance obligation is the
acting as the principal under IFRS 15 as the Group is responsible for the
provision of an advert over a period of time to be seen by the customer.
ful\ufb01llment of the advert on behalf of the customer.
eCommerce
The Group earns commission when purchases are made directly from third
Revenues related to these commissions are recognised at the time of the
revenue
parties by consumers clicking through to these products through links on the
related product sale, less an estimate to re\ufb02ect the likelihood of product
Group\u2019s websites. The facilitation of each product sale re\ufb02ects a separate
returns to the retailer based on historic return rates.
performance obligation.
Print and
Subscriptions of magazines are sold online, with subscribers sent a digital or
For digital magazines cash collected in advance is deferred, with revenue
digital
print version of the magazine every month (or multiple versions in a \u2018double
recognised uniformly over the term of the subscription.
magazine
issue month\u2019).
For print magazines cash collected in advance is deferred, with revenue
subscriptions
Cash is received in advance (e.g. annually, quarterly or monthly via various
recognised at a point in time when the relevant publication being subscribed
payment methods).
to goes on sale.
For print subscriptions each magazine delivered represents a distinct
The Group has assessed that, as they are responsible for the ful\ufb01llment of
performance obligation, whereas for digital magazines providing access to the
the magazines in both print and digital form, they act as a principal under
digital content represents a distinct performance obligation.
IFRS 15 for the magazine subscription revenue stream.
Magazine
Single issues of magazines are sold in stores and online.
Revenue is recognised at a point in time on the date that the related
newsstand
The provision of each issue is a separate performance obligation, which is
publication goes on sale based on the estimate of sales net of returns.
circulation
satis\ufb01ed when the issue goes on sale.
The Group has assessed its obligations under the principal vs agent
and advertising
requirements of IFRS 15. The Group has assessed it has the obligation to
revenue
ful\ufb01l the customer contracts for advertising within the print magazines and
therefore this revenue stream is treated as that of a principal. Magazine
newstand circulation is split into two components. For magazines printed
and distributed by the Group, the Group has assessed that it acts as a
principal in ful\ufb01lling these sales. For third party magazines distributed via the
Groups distribution network, the Group acts as an agent.
Event income
The Group holds a number of events throughout the year, held physically and
Cash collected in advance is deferred, with revenue recognised at a point in
virtually. Revenue arises from the following:
time when the event takes place.
- Stand/table space; sponsorship; ticket sales; and marketing packages.
- Cash is collected in advance of the event. Each event is a separate performance
obligation, being \u20b1atis\ufb01ed when the event has taken place.
Licensing
Licence fees are charged for the use of the Group\u2019s brands and content.
Revenue is recognised on the supply of the licensed content, based on
revenue
Performance obligations are satis\ufb01ed over time (for example magazine content
usage.
provided each month) and at a point in time (historic content is provided up-front).
Publisher
The Martketforce brand is a distributor for magazines.
Revenue is recognised at a point in time on the date that the related
services
Performance obligations are satis\ufb01ed at a point in time, when the issues go
publication goes on sale based on the estimate of sales net of returns.
revenue
on sale.
Price
Revenue from price comparison services represents amounts receivable for
Upon the completion of a sale, revenue is measured at the fair value of the
comparison
insurance, utilities and other product introductions, including click through fees.
consideration received or receivable, net of an estimate of cancellations.
Performance obligations are satis\ufb01ed at a point in time, being the point at
which a policy is sold, a consumer signs up to a new tariff, or in limited cases
when a customer clicks through to a partner website.
Rewards
Revenue is generated through commission arrangements, primarily based on
Upon usage of a voucher and approval by the merchant, revenue is
a \ufb01xed percentage of spend. Performance obligations are satis\ufb01ed at a point in
measured net of an estimate for cancellations.
time, when an online voucher transaction is approved by the merchant.
The table below disaggregates revenue according to the timing of satisfaction of performance obligations:
\n \n
2025
2024
\u00a3m
\u00a3m
Over
Point in
Total
Over
Point in
Total
time
time
revenue
time
time
revenue
Total revenue
8.1
731.1
739.2
15.1
773.1
788.2
The table below disaggregates revenue according to segment with a breakdown of revenue by type within each segment.
\n \n
Restated
2025
2024
\u00a3m
\u00a3m
B2C
Digital advertising
141.4
154.8
eCommerce af\ufb01liates
76.7
83.9
Other Media
28.1
28.7
Media
246.2
267.4
Subscriptions
122.2
129.0
Other Magazines
125.0
126.7
Magazines
247.2
255.7
Total B2C
493.4
523.1
Go.Compare
Car insurance
117.6
130.1
Non-car insurance
74.2
72.6
Total Go.Compare
191.8
202.7
B2B
Digital advertising (Newsletters)
32.0
36.3
Af\ufb01liates & Other Media, Magazines
22.0
26.1
Total B2B
54.0
62.4
Total Revenue
739.2
788.2
Geographical revenue
\n \n
2025
2024
\u00a3m
\u00a3m
UK
470.5
504.0
US
268.7
284.2
Total
739.2
788.2
The Australian business is considered to be part of the UK operations and is not reported separately due to its size.
During the year ended 30 September 2025, \u00a360.2m of deferred income recorded at 30 September 2024 (2024: \u00a358.5m) was
recognised in revenue. ", "dimensions": { "concept": "ifrs-full:DisclosureOfRevenueExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00407": { "value": "3. NET OPERATING EXPENSES
Operating pro\ufb01t is stated after charging:
\n \n
2025
2024
Note
\u00a3m
\u00a3m
Cost of sales
(410.2)
(433.8)
Distribution expenses
(36.2)
(37.8)
Share-based payments (including social security costs)
24
(5.5)
(8.9)
Exceptional items
5
(17.5)
(7.0)
Depreciation
11
(6.9)
(6.5)
Amortisation
12
(64.4)
(77.1)
Other administration expenses \u00b9
(80.7)
(83.4)
RDEC income
4.1
\u2212
Operating expenses
(617.3)
(654.5)
1 Other administration expenses includes the expected credit loss credit of \u00a30.5m (FY 2024: charge of \u00a36.5m).
Other administration expenses include transaction and integration related costs of \u00a37.2m (2024: \u00a35.9m). Details of these costs are
provided in the Glossary section on page 175.
The Group has recognised a credit under the Research and Development Expenditure Credit (RDEC) scheme for qualifying R&D
expenditure in the year presented in other income of \u00a34.1m.
Foreign exchange gain recognised through the income statement of \u00a30.4m (2024: loss of \u00a30.5m) was recognised through other
administration expenses.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00406": { "value": "3. NET OPERATING EXPENSES
Operating pro\ufb01t is stated after charging:
\n \n
2025
2024
Note
\u00a3m
\u00a3m
Cost of sales
(410.2)
(433.8)
Distribution expenses
(36.2)
(37.8)
Share-based payments (including social security costs)
24
(5.5)
(8.9)
Exceptional items
5
(17.5)
(7.0)
Depreciation
11
(6.9)
(6.5)
Amortisation
12
(64.4)
(77.1)
Other administration expenses \u00b9
(80.7)
(83.4)
RDEC income
4.1
\u2212
Operating expenses
(617.3)
(654.5)
1 Other administration expenses includes the expected credit loss credit of \u00a30.5m (FY 2024: charge of \u00a36.5m).
Other administration expenses include transaction and integration related costs of \u00a37.2m (2024: \u00a35.9m). Details of these costs are
provided in the Glossary section on page 175.
The Group has recognised a credit under the Research and Development Expenditure Credit (RDEC) scheme for qualifying R&D
expenditure in the year presented in other income of \u00a34.1m.
Foreign exchange gain recognised through the income statement of \u00a30.4m (2024: loss of \u00a30.5m) was recognised through other
administration expenses.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00404": { "value": "3. NET OPERATING EXPENSES
Operating pro\ufb01t is stated after charging:
\n \n
2025
2024
Note
\u00a3m
\u00a3m
Cost of sales
(410.2)
(433.8)
Distribution expenses
(36.2)
(37.8)
Share-based payments (including social security costs)
24
(5.5)
(8.9)
Exceptional items
5
(17.5)
(7.0)
Depreciation
11
(6.9)
(6.5)
Amortisation
12
(64.4)
(77.1)
Other administration expenses \u00b9
(80.7)
(83.4)
RDEC income
4.1
\u2212
Operating expenses
(617.3)
(654.5)
1 Other administration expenses includes the expected credit loss credit of \u00a30.5m (FY 2024: charge of \u00a36.5m).
Other administration expenses include transaction and integration related costs of \u00a37.2m (2024: \u00a35.9m). Details of these costs are
provided in the Glossary section on page 175.
The Group has recognised a credit under the Research and Development Expenditure Credit (RDEC) scheme for qualifying R&D
expenditure in the year presented in other income of \u00a34.1m.
Foreign exchange gain recognised through the income statement of \u00a30.4m (2024: loss of \u00a30.5m) was recognised through other
administration expenses.", "dimensions": { "concept": "ifrs-full:DisclosureOfExpensesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00402": { "value": "\n \n
2025
2024
Note
\u00a3m
\u00a3m
Cost of sales
(410.2)
(433.8)
Distribution expenses
(36.2)
(37.8)
Share-based payments (including social security costs)
24
(5.5)
(8.9)
Exceptional items
5
(17.5)
(7.0)
Depreciation
11
(6.9)
(6.5)
Amortisation
12
(64.4)
(77.1)
Other administration expenses \u00b9
(80.7)
(83.4)
RDEC income
4.1
\u2212
Operating expenses
(617.3)
(654.5)
1 Other administration expenses includes the expected credit loss credit of \u00a30.5m (FY 2024: charge of \u00a36.5m).
Other administration expenses include transaction and integration related costs of \u00a37.2m (2024: \u00a35.9m). Details of these costs are
provided in the Glossary section on page 175.
The Group has recognised a credit under the Research and Development Expenditure Credit (RDEC) scheme for qualifying R&D
expenditure in the year presented in other income of \u00a34.1m.
Foreign exchange gain recognised through the income statement of \u00a30.4m (2024: loss of \u00a30.5m) was recognised through other
administration expenses.", "dimensions": { "concept": "ifrs-full:DisclosureOfCostOfSalesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00403": { "value": "\n \n
2025
2024
Note
\u00a3m
\u00a3m
Cost of sales
(410.2)
(433.8)
Distribution expenses
(36.2)
(37.8)
Share-based payments (including social security costs)
24
(5.5)
(8.9)
Exceptional items
5
(17.5)
(7.0)
Depreciation
11
(6.9)
(6.5)
Amortisation
12
(64.4)
(77.1)
Other administration expenses \u00b9
(80.7)
(83.4)
RDEC income
4.1
\u2212
Operating expenses
(617.3)
(654.5)
Acquired intangibles are amortised over their estimated economic lives, typically ranging between three and twenty years. See accounting
policy on page 139 for further details. The other acquired intangibles category in the table above includes assets relating to customer lists,
content and websites.
Included within the summary of acquired intangible assets above are the following individually material assets:
- GoCo brand acquired in February 2021, with a net book value (\u2018NBV\u2019) at 30 September 2025 of \u00a3203.3m, a useful economic life (\u2018UEL\u2019)
of 20 years and remaining amortisation period of 15.5 years (2024: \u00a3216.2m, UEL of 20 years and remaining amortisation period of 16.5
years);
- Publishing rights relating to TV Weekly magazines, acquired as part of the TI Media acquisition in April 2020 with a NBV at 30 September
2025 of \u00a317.6m with a UEL of 15 years and remaining amortisation period of 9.5 years (2024: \u00a319.4m with a UEL of 15 years and remaining
amortisation period of 10.5 years);
- Dennis Brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a321.9m, UEL of 20 years and remaining amortisation period
of 16 years (2024: \u00a323.3m, UEL of 20 years and remaining amortisation period of 17 years);
- Dennis subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a319.5m, a UEL of 11 years and remaining
amortisation period of 7 years (2024: \u00a322.3m, UEL of 11 years and remaining amortisation period of 8 years);
\n
- The Week US brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a328.3m, a UEL of 20 years and remaining
\n
amortisation period of 16 years (2024: \u00a330.2m, UEL of 20 years and remaining amortisation period of 17 years);
\n
- The Week US subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a38.4m, a UEL of 7 years and
\n
remaining amortisation period of 3 years (2024: \u00a311.1m, a UEL of 7 years and remaining amortisation period of 4 years);
\n
- Kiplinger brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a318.7m, a UEL of 20 years and remaining amortisation
\n
period of 16 years (2024: \u00a319.8m, UEL of 20 years and remaining amortisation period of 17 years);
\n
- Kiplinger subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a35.5m, a UEL of 7 years and remaining
\n
amortisation period of 3 years (2024: \u00a37.3m, a UEL of 7 years and remaining amortisation period of 4 years);
\n
- Who What Wear brand acquired in June 2022, with a NBV at 30 September 2025 of \u00a324.1m, a UEL of 15 years and remaining amortisation
\n
period of 11.75 years (2024: \u00a326.2m, a UEL of 15 years and remaining amortisation period of 12.75 years); and
\n
- Who What Wear advertising relationships acquired in June 2022, with a NBV at 30 September 2025 of \u00a38.3m, a UEL of 13 years and
\n
remaining amortisation of 9.75 years (2024: \u00a39.2m, a UEL of 13 years and remaining amortisation of 10.75 years).
\n
Additions through business combinations totalling \u00a39.3m in the current year related to the acquisition of RNWL Ltd (\u00a38.7m), an insurance
\n
digital wallet that allows users to consolidate their insurance policies in one place, and Kwizly, (\u00a30.6m) an audience engagement tool
\n
provider. Refer to note 31 for further details on acquisitions.
\n
Any residual amount arising as a result of the purchase consideration being in excess of the value of acquired assets is recorded as
\n
goodwill. Goodwill is not amortised under IFRS, but is subject to impairment testing at least annually or more frequently on the occurrence
\n
of some triggering event. Goodwill is recorded and tested for impairment on a territory by territory basis. Non-acquired intangibles relate to
\n
capitalised software costs and website development costs which are internally generated.
\n
The Group performed its impairment testing as of 31 July 2025 and concluded no reasonably possible change in assumptions would result
\n
in an impairment.
\n
Subsequently to 31 July 2025, the Group performed a strategic optimisation review and identi\ufb01ed Mozo Pty Ltd, an Australian price
\n
comparison subsidiary acquired in 2021, having been impacted by macroeconomic challenges, and being sub-scale in its market, was not
\n
contributing to the overall strategy of the Group.
As a result, the Group determined that there was evidence of possible impairment and
\n
an additional impairment test was performed. An impairment charge of \u00a315.2m, comprised of \u00a312.4m goodwill and \u00a32.8m intangibles, was
\n
recognised. Mozo formed part of the B2C CGU.
\n
Further assessment was made to identify any additional indicators of impairment during the remaining two months of the year to 30 September
\n
2025, with no further indicators identi\ufb01ed. Amortisation is included within net operating expenses in the consolidated income statement.
\n
The Group conducted an impairment review of its intangible assets, aside from Mozo as mentioned above, no further impairment is
\nrequired at 30 September 2025.", "dimensions": { "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00405": { "value": "\n \n
2025
2024
Note
\u00a3m
\u00a3m
Cost of sales
(410.2)
(433.8)
Distribution expenses
(36.2)
(37.8)
Share-based payments (including social security costs)
24
(5.5)
(8.9)
Exceptional items
5
(17.5)
(7.0)
Depreciation
11
(6.9)
(6.5)
Amortisation
12
(64.4)
(77.1)
Other administration expenses \u00b9
(80.7)
(83.4)
RDEC income
4.1
\u2212
Operating expenses
(617.3)
(654.5)
1 Other administration expenses includes the expected credit loss credit of \u00a30.5m (FY 2024: charge of \u00a36.5m).
Other administration expenses include transaction and integration related costs of \u00a37.2m (2024: \u00a35.9m). Details of these costs are
provided in the Glossary section on page 175.
The Group has recognised a credit under the Research and Development Expenditure Credit (RDEC) scheme for qualifying R&D
expenditure in the year presented in other income of \u00a34.1m.
Foreign exchange gain recognised through the income statement of \u00a30.4m (2024: loss of \u00a30.5m) was recognised through other
administration expenses.", "dimensions": { "concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00408": { "value": "4. FEES PAID TO AUDITORS \n \n
2025
2024
\u00a3m
\u00a3m
Audit fees in respect of the audit of the \ufb01nancial statements of the
0.9
0.9
Company and the consolidated \ufb01nancial statements
Audit and other assurance services\u00b9
0.2
0.1
Total charge
1.1
1.0
1 Audit and other assurance services relate to the interim review, bond issuance and covenant compliance.", "dimensions": { "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00409": { "value": "5. EXCEPTIONAL ITEMS \n \n
2025
2024
\u00a3m
\u00a3m
Impairment
15.2
4.5
Onerous properties
(0.4)
1.7
Restructuring
2.7
0.8
Total charge
17.5
7.0
The Group performed a strategic optimisation review and identi\ufb01ed Mozo Pty Ltd, an Australian price comparison subsidiary acquired in
2021, having been impacted by macroeconomic challenges, and being sub-scale in its market, was no longer contributing to the overall
strategy of the Group. An impairment charge related to goodwill and acquired intangible assets of \u00a315.2m is recognised in exceptional
costs. Mozo formed part of the B2C cash generating unit.
Exceptional items also include a \u00a30.4m credit relating to properties which became onerous and were treated as exceptional in prior
years and a \u00a32.7m charge relating to redundancy costs in line with our ongoing group wide programme to create an ef\ufb01cient and
sustainable operating model.
For the tax and cash \ufb02ow impact of exceptional items see pages 175 and 176 in the Glossary section.", "dimensions": { "concept": "fp:DisclosureOfExceptionalItemsTextBlock", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00413": { "value": "6. EMPLOYEE COSTS \n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Wages and salaries
177.6
0.9
179.2
0.9
Social security costs
19.1
\u2212
16.8
\u2212
Other pension costs
5.7
\u2212
5.4
\u2212
Share schemes:
Value of employees\u2019 services\u00b9
5.5
\u2212
8.3
\u2212
Employer's social security costs on share options
\u2212
\u2212
0.9
\u2212
Total employee costs
207.9
0.9
210.6
0.9
1 In the current year, \u00a35.5m relates to equity-settled share-based payments (2024: \u00a38.3m).
\n \n
Group
Group
2025
2024
Key management personnel compensation
\u00a3m
\u00a3m
Salaries and other short-term employee bene\ufb01ts
1.7
0.9
Post employment bene\ufb01ts
0.1
0.1
Share schemes:
- Value of employees\u2019 services
0.8
(0.4)
- Employer's social security costs on share options
\u2212
\u2212
Total employee costs
2.6
0.6
Key management personnel are deemed to be the members of the Board of Future plc. It is this Board which has responsibility for
planning, directing and controlling the activities of the Group.
Jon Steinberg, Kevin Li-Ying and Sharjeel Suleman (2024: Jon Steinberg, Penny Ladkin-Brand and Sharjeel Suleman) were paid by Future
Publishing Limited, a subsidiary company, for their services. In 2025 the Company recognised salaries recharged by Future Publishing
Limited in respect of Kevin Li Ying, \u00a30.2m (2024: \u00a3nil), Jon Steinberg, \u00a30.4m (2024: \u00a30.7m), and Sharjeel Suleman, \u00a30.3m (2024: \u00a3nil). In
FY 2024, an additional \u00a30.2m was recharged in respect of Penny Ladkin-Brand.
Further details on the Directors\u2019 remuneration and interests are given in the Directors\u2019 remuneration report on pages 96 to 111. The
highest paid Director during the year was Sharjeel Suleman
(2024: Jon Steinberg) and details of his remuneration are shown on page
103.
\n \n
Group
Company
Group
Company
2025
2025
2024
2024
Average monthly number of people (including Directors)
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Production
2,455
\u2212
2,429
\u2212
Administration
592
9
543
9
Total
3,047
9
2,972
9
At 30 September 2025, the actual number of people employed by the Group was 2,991 (2024: 2,998). In respect of our reportable
segments 2,525 (2024: 2,557) were in B2C, 200 in Go.Compare (2024: 161) and 266 in B2B (2024: 280).26. PENSIONS
The Group operates a de\ufb01ned contribution scheme for employees resident in the United Kingdom.
\n
In the US, the Group operates a section 401(K) pro\ufb01t sharing de\ufb01ned contribution plan in respect of pensions, which covers substantially all
\n
Future US employees. The section 401(K) plan allows employees to invest in 22 registered mutual funds at Charles Schwab Trust Bank, the
\n
plan\u2019s custodian. The employees, not the employer, have complete control over which funds they invest in, although they have no control
\n
over the stocks owned by the funds.
\n
During the year, \u00a35.7m (2024: \u00a35.4m) contributions were made to these plans and at 30 September 2025 the outstanding balance due to
\nbe paid over to the plans was \u00a31.2m (2024: \u00a32.1m).", "dimensions": { "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00412": { "value": "6. EMPLOYEE COSTS \n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Wages and salaries
177.6
0.9
179.2
0.9
Social security costs
19.1
\u2212
16.8
\u2212
Other pension costs
5.7
\u2212
5.4
\u2212
Share schemes:
Value of employees\u2019 services\u00b9
5.5
\u2212
8.3
\u2212
Employer's social security costs on share options
\u2212
\u2212
0.9
\u2212
Total employee costs
207.9
0.9
210.6
0.9
1 In the current year, \u00a35.5m relates to equity-settled share-based payments (2024: \u00a38.3m).
\n \n
Group
Group
2025
2024
Key management personnel compensation
\u00a3m
\u00a3m
Salaries and other short-term employee bene\ufb01ts
1.7
0.9
Post employment bene\ufb01ts
0.1
0.1
Share schemes:
- Value of employees\u2019 services
0.8
(0.4)
- Employer's social security costs on share options
\u2212
\u2212
Total employee costs
2.6
0.6
Key management personnel are deemed to be the members of the Board of Future plc. It is this Board which has responsibility for
planning, directing and controlling the activities of the Group.
Jon Steinberg, Kevin Li-Ying and Sharjeel Suleman (2024: Jon Steinberg, Penny Ladkin-Brand and Sharjeel Suleman) were paid by Future
Publishing Limited, a subsidiary company, for their services. In 2025 the Company recognised salaries recharged by Future Publishing
Limited in respect of Kevin Li Ying, \u00a30.2m (2024: \u00a3nil), Jon Steinberg, \u00a30.4m (2024: \u00a30.7m), and Sharjeel Suleman, \u00a30.3m (2024: \u00a3nil). In
FY 2024, an additional \u00a30.2m was recharged in respect of Penny Ladkin-Brand.
Further details on the Directors\u2019 remuneration and interests are given in the Directors\u2019 remuneration report on pages 96 to 111. The
highest paid Director during the year was Sharjeel Suleman
(2024: Jon Steinberg) and details of his remuneration are shown on page
103.
\n \n
Group
Company
Group
Company
2025
2025
2024
2024
Average monthly number of people (including Directors)
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Production
2,455
\u2212
2,429
\u2212
Administration
592
9
543
9
Total
3,047
9
2,972
9
At 30 September 2025, the actual number of people employed by the Group was 2,991 (2024: 2,998). In respect of our reportable
segments 2,525 (2024: 2,557) were in B2C, 200 in Go.Compare (2024: 161) and 266 in B2B (2024: 280).", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00414": { "value": "\n \n
Group
Group
2025
2024
Key management personnel compensation
\u00a3m
\u00a3m
Salaries and other short-term employee bene\ufb01ts
1.7
0.9
Post employment bene\ufb01ts
0.1
0.1
Share schemes:
- Value of employees\u2019 services
0.8
(0.4)
- Employer's social security costs on share options
\u2212
\u2212
Total employee costs
2.6
0.6
Key management personnel are deemed to be the members of the Board of Future plc. It is this Board which has responsibility for
planning, directing and controlling the activities of the Group.
Jon Steinberg, Kevin Li-Ying and Sharjeel Suleman (2024: Jon Steinberg, Penny Ladkin-Brand and Sharjeel Suleman) were paid by Future
Publishing Limited, a subsidiary company, for their services. In 2025 the Company recognised salaries recharged by Future Publishing
Limited in respect of Kevin Li Ying, \u00a30.2m (2024: \u00a3nil), Jon Steinberg, \u00a30.4m (2024: \u00a30.7m), and Sharjeel Suleman, \u00a30.3m (2024: \u00a3nil). In
FY 2024, an additional \u00a30.2m was recharged in respect of Penny Ladkin-Brand.", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00415": { "value": "7.
FINANCE INCOME AND COSTS
\n \n
2025
2024
\u00a3m
\u00a3m
Interest payable on interest-bearing loans and borrowings
(24.7)
(25.9)
Amortisation of bank loan arrangement fees
(4.1)
(3.9)
Interest payable on lease liabilities
(1.6)
(1.8)
Unwind of discount on contingent consideration
(0.3)
(0.2)
Total \ufb01nance costs
(30.7)
(31.8)
Interest receivable from cash held on deposit
0.6
1.2
Interest receivable on lease receivables
0.1
0.1
Total \ufb01nance income
0.7
1.3
Net \ufb01nance costs
(30.0)
(30.5)
For further information in respect of the Group\u2019s debt facilities and changes during the year see note 18.", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00416": { "value": "7.
FINANCE INCOME AND COSTS
\n \n
2025
2024
\u00a3m
\u00a3m
Interest payable on interest-bearing loans and borrowings
(24.7)
(25.9)
Amortisation of bank loan arrangement fees
(4.1)
(3.9)
Interest payable on lease liabilities
(1.6)
(1.8)
Unwind of discount on contingent consideration
(0.3)
(0.2)
Total \ufb01nance costs
(30.7)
(31.8)
Interest receivable from cash held on deposit
0.6
1.2
Interest receivable on lease receivables
0.1
0.1
Total \ufb01nance income
0.7
1.3
Net \ufb01nance costs
(30.0)
(30.5)
For further information in respect of the Group\u2019s debt facilities and changes during the year see note 18.", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00417": { "value": "7.
FINANCE INCOME AND COSTS
\n \n
2025
2024
\u00a3m
\u00a3m
Interest payable on interest-bearing loans and borrowings
(24.7)
(25.9)
Amortisation of bank loan arrangement fees
(4.1)
(3.9)
Interest payable on lease liabilities
(1.6)
(1.8)
Unwind of discount on contingent consideration
(0.3)
(0.2)
Total \ufb01nance costs
(30.7)
(31.8)
Interest receivable from cash held on deposit
0.6
1.2
Interest receivable on lease receivables
0.1
0.1
Total \ufb01nance income
0.7
1.3
Net \ufb01nance costs
(30.0)
(30.5)
For further information in respect of the Group\u2019s debt facilities and changes during the year see note 18.", "dimensions": { "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00418": { "value": "8. TAX ON PROFIT
The tax charged in the consolidated income statement is analysed below:
\n \n
2025
2024
\u00a3m
\u00a3m
Corporation tax
Current tax on the pro\ufb01t for the year
34.4
45.8
Adjustments in respect of previous years
(1.9)
(7.9)
Current tax charge
32.5
37.9
Deferred tax origination and reversal of temporary differences
Current year gain
(8.5)
(20.9)
Adjustments in respect of previous years
1.6
9.4
Deferred tax credit
(6.9)
(11.5)
Total tax charge
25.6
26.4
The tax assessed in each year differs from the standard rate of corporation tax in the UK for the relevant year. The differences are
\n
explained below:
\n\n \n
2025
2024
\u00a3m
\u00a3m
Pro\ufb01t before tax
91.9
103.2
Pro\ufb01t before tax at the standard UK tax rate of 25%
23.1
25.8
Expenses not deductible for tax purposes
0.9
0.1
Provision for uncertain tax positions
(0.5)
(3.9)
Other permanent differences
(1.1)
\u2212
Non-deductible amortisation
3.1
1.7
Share-based payments
0.4
0.1
Effect of different rates of subsidiaries operating in other jurisdictions
0.2
1.1
Adjustments in respect of previous years
(0.5)
1.5
Total tax charge
25.6
26.4
\n
A reconciliation between the statutory and adjusted tax charge is provided in the Glossary section on page 175.
\n
The Directors have assessed the Group\u2019s uncertain tax positions and have recorded a provision of \u00a30.9m (2024: \u00a31.4m). The provision
\n
for uncertain tax positions has been recognised under IAS 12, taking into account the guidance published in IFRIC 23. Further
\n
information is given in the accounting policies section on page 139. The adjusted tax charge takes into account amortisation of acquired
\n
intangible assets.
\n
The IASB amends the scope of IAS 12 to clarify that the Standard applies to income taxes arising from tax law enacted or substantively
\n
enacted to implement the Pillar Two model rules published by the OECD, including tax law that implements quali\ufb01ed domestic minimum
\n
top-up taxes described in those rules.
\n
The amendments introduce a temporary exception to the accounting requirements for deferred taxes in IAS 12, so that an entity would
\n
neither recognise nor disclose information about deferred tax assets and liabilities related to Pillar Two income taxes.
\n
The Group has considered the expected impact of the global minimum tax rules on the FY 2025 tax position using FY 2023 and FY 2024
\n
\ufb01nancial information and concludes that the income inclusion rule is expected to apply. The application of the transitional safe harbour is
\nanticipated in all operational jurisdictions.", "dimensions": { "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00419": { "value": "\n \n
2025
2024
\u00a3m
\u00a3m
Corporation tax
Current tax on the pro\ufb01t for the year
34.4
45.8
Adjustments in respect of previous years
(1.9)
(7.9)
Current tax charge
32.5
37.9
Deferred tax origination and reversal of temporary differences
Current year gain
(8.5)
(20.9)
Adjustments in respect of previous years
1.6
9.4
Deferred tax credit
(6.9)
(11.5)
Total tax charge
25.6
26.4
14. DEFERRED TAX
The following are the major deferred tax assets and liabilities recognised by the Group, and the movements thereon, during the current and
prior years.
\n \n
Intangible
Share-based
Temporary
Depreciation vs
assets
payments
differences
tax allowances
Tax losses
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 30 September 2023
(128.3)
1.7
14.2
4.7
0.5
(107.2)
Acquisitions
(0.2)
\u2212
\u2212
(0.1)
\u2212
(0.3)
Credited/(charged) to income statement
9.3
1.4
1.5
(0.2)
(0.5)
11.5
Credited to equity
\u2212
0.1
1.5
\u2212
\u2212
1.6
Exchange adjustment
2.5
\u2212
(1.5)
(0.1)
\u2212
0.9
At 30 September 2024
(116.7)
3.2
15.7
4.3
\u2212
(93.5)
Acquisitions
(1.6)
\u2212
(0.2)
0.1
\u2212
(1.7)
Credited/(charged) to income statement
13.8
(0.2)
(5.3)
(1.4)
\u2212
6.9
Credited/(charged) to equity
\u2212
(0.5)
0.6
\u2212
\u2212
0.1
Exchange adjustment
0.3
(0.1)
\u2212
\u2212
\u2212
0.2
At 30 September 2025
(104.2)
2.4
10.8
3.0
\u2212
(88.0)
The Australian jurisdiction had a deferred tax asset position of \u00a30.4m, being \u00a30.2m of intangible assets and \u00a30.2m of temporary
differences. The UK and US jurisdictions had a combined deferred tax liability position of \u00a388.4m.
Of the temporary differences,
\u00a310.1m relates to US interest (2024: \u00a311.6m). Certain deferred tax assets and liabilities will reverse within 12
months of the year end. The following sets out the expected reversal pro\ufb01le:
\n \n
Intangible
Share-based
Temporary
Depreciation vs
assets
payments
differences
tax allowances
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Within one year
(8.9)
0.8
0.5
0.5
(7.1)
More than one year
(95.3)
1.6
10.3
2.5
(80.9)
At 30 September 2025
(104.2)
2.4
10.8
3.0
(88.0)
As at 30 September 2025 the Group has unrecognised capital losses totalling \u00a313.8m (2024: \u00a313.8m) and unrecognised unutilised non-
trade loan relationship de\ufb01cits totalling \u00a31.2m (2024: \u00a31.2m). These all arise in the UK. The Group has unrecognised trade losses arising on
acquisition of \u00a30.4m.
Deferred tax assets have been recognised in respect of tax losses and other temporary differences where it is probable that these assets
will be recovered.
The Company has no unprovided deferred tax assets or liabilities at 30 September 2025 (2024: \u00a3nil). ", "dimensions": { "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00420": { "value": "9. DIVIDENDS \n \n
2025
2024
Equity dividends
\u00a3m
\u00a3m
Number of shares in issue at end of period (million)
100.0
112.1
Dividends paid in year (pence per share)
3.4
3.4
Dividends paid in year (\u00a3m)
3.7
3.9
\n
Final dividends are recognised in the period in which they are approved.
\n
On 3 December 2025 the Board proposed a dividend of 17.0p per share, totalling an estimated \u00a316.2m, in respect of the year ended 30
\n
September 2025, which subject to shareholder consent at the AGM, will be paid on 11 February 2026 to shareholders on the register at
\n
close of business on 15 January 2026.
\nA dividend of 3.4p per share totalling \u00a33.7m in respect of the year ended 30 September 2024 was paid on 11 February 2025. ", "dimensions": { "concept": "ifrs-full:DisclosureOfDividendsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00423": { "value": "0.17", "decimals": 3, "dimensions": { "concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00422": { "value": "16200000.0", "decimals": -5, "dimensions": { "concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00", "unit": "iso4217:GBP" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00421": { "value": "0.034", "decimals": 3, "dimensions": { "concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare", "entity": "scheme:213800K2581YRLEXV353", "period": "2023-10-01T00:00:00/2024-10-01T00:00:00", "unit": "iso4217:GBP/xbrli:shares" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00424": { "value": "10. EARNINGS PER SHARE
Earnings per ordinary share
2025
2024
Pro\ufb01t attributable to owners of the parent (\u00a3m)
66.3
76.8
Weighted average number of shares in issue during the year
105,792,764
114,355,263
Dilution (number of shares)
953,085
696,450
Diluted weighted average number of shares in issue during the year
106,745,849
115,051,713
Basic earnings per share (p)
62.7
67.2
Diluted earnings per share (p)
62.1
66.8
Basic earnings per share are calculated using the weighted average number of ordinary shares in issue during the year. Diluted earnings
per share have been calculated by taking into account the dilutive effect of shares that would be issued on conversion into ordinary
shares of awards held under employee share schemes.
A reconciliation between earnings per share and adjusted earnings per share is shown in the Glossary on page 178. ", "dimensions": { "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00425": { "value": "11. PROPERTY, PLANT AND EQUIPMENT
Equipment,
Land and
Plant and
\ufb01xtures and
Right-of-use
buildings
machinery
\ufb01ttings
lease assets
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
6.4
14.1
2.7
65.2
88.4
Additions
0.8
1.9
0.1
2.9
5.7
Disposals
\u2212
\u2212
\u2212
(0.6)
(0.6)
Exchange adjustments
(0.2)
(0.2)
(0.1)
(2.0)
(2.5)
At 30 September 2024
7.0
15.8
2.7
65.5
91.0
Additions
1.1
2.2
\u2212
0.3
3.6
Exchange adjustments
\u2212
\u2212
\u2212
(0.1)
(0.1)
At 30 September 2025
8.1
18.0
2.7
65.7
94.5
Accumulated depreciation
At 30 September 2023
(4.8)
(11.5)
(2.3)
(35.4)
(54.0)
Charge for the year
(0.2)
(2.3)
(0.1)
(3.9)
(6.5)
Disposals
\u2212
\u2212
\u2212
0.5
0.5
Impairment
\u2212
\u2212
\u2212
(0.2)
(0.2)
Exchange adjustments
0.1
0.2
\u2212
1.7
2.0
At 30 September 2024
(4.9)
(13.6)
(2.4)
(37.3)
(58.2)
Charge for the year
(0.7)
(1.6)
(0.3)
(4.3)
(6.9)
Exchange adjustments
\u2212
\u2212
\u2212
0.1
0.1
At 30 September 2025
(5.6)
(15.2)
(2.7)
(41.5)
(65.0)
Net book value at 30 September 2025
2.5
2.8
\u2212
24.2
29.5
Net book value at 30 September 2024
2.1
2.2
0.3
28.2
32.8
Net book value at 30 September 2023
1.6
2.6
0.4
29.8
34.4
Right-of-use assets relate to property leases. Depreciation is included within administration expenses in the consolidated income statement.", "dimensions": { "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00426": { "value": "11. PROPERTY, PLANT AND EQUIPMENT
Equipment,
Land and
Plant and
\ufb01xtures and
Right-of-use
buildings
machinery
\ufb01ttings
lease assets
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
6.4
14.1
2.7
65.2
88.4
Additions
0.8
1.9
0.1
2.9
5.7
Disposals
\u2212
\u2212
\u2212
(0.6)
(0.6)
Exchange adjustments
(0.2)
(0.2)
(0.1)
(2.0)
(2.5)
At 30 September 2024
7.0
15.8
2.7
65.5
91.0
Additions
1.1
2.2
\u2212
0.3
3.6
Exchange adjustments
\u2212
\u2212
\u2212
(0.1)
(0.1)
At 30 September 2025
8.1
18.0
2.7
65.7
94.5
Accumulated depreciation
At 30 September 2023
(4.8)
(11.5)
(2.3)
(35.4)
(54.0)
Charge for the year
(0.2)
(2.3)
(0.1)
(3.9)
(6.5)
Disposals
\u2212
\u2212
\u2212
0.5
0.5
Impairment
\u2212
\u2212
\u2212
(0.2)
(0.2)
Exchange adjustments
0.1
0.2
\u2212
1.7
2.0
At 30 September 2024
(4.9)
(13.6)
(2.4)
(37.3)
(58.2)
Charge for the year
(0.7)
(1.6)
(0.3)
(4.3)
(6.9)
Exchange adjustments
\u2212
\u2212
\u2212
0.1
0.1
At 30 September 2025
(5.6)
(15.2)
(2.7)
(41.5)
(65.0)
Net book value at 30 September 2025
2.5
2.8
\u2212
24.2
29.5
Net book value at 30 September 2024
2.1
2.2
0.3
28.2
32.8
Net book value at 30 September 2023
1.6
2.6
0.4
29.8
34.4
Right-of-use assets relate to property leases. Depreciation is included within administration expenses in the consolidated income statement.", "dimensions": { "concept": "ifrs-full:DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00427": { "value": "11. PROPERTY, PLANT AND EQUIPMENT
Equipment,
Land and
Plant and
\ufb01xtures and
Right-of-use
buildings
machinery
\ufb01ttings
lease assets
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
6.4
14.1
2.7
65.2
88.4
Additions
0.8
1.9
0.1
2.9
5.7
Disposals
\u2212
\u2212
\u2212
(0.6)
(0.6)
Exchange adjustments
(0.2)
(0.2)
(0.1)
(2.0)
(2.5)
At 30 September 2024
7.0
15.8
2.7
65.5
91.0
Additions
1.1
2.2
\u2212
0.3
3.6
Exchange adjustments
\u2212
\u2212
\u2212
(0.1)
(0.1)
At 30 September 2025
8.1
18.0
2.7
65.7
94.5
Accumulated depreciation
At 30 September 2023
(4.8)
(11.5)
(2.3)
(35.4)
(54.0)
Charge for the year
(0.2)
(2.3)
(0.1)
(3.9)
(6.5)
Disposals
\u2212
\u2212
\u2212
0.5
0.5
Impairment
\u2212
\u2212
\u2212
(0.2)
(0.2)
Exchange adjustments
0.1
0.2
\u2212
1.7
2.0
At 30 September 2024
(4.9)
(13.6)
(2.4)
(37.3)
(58.2)
Charge for the year
(0.7)
(1.6)
(0.3)
(4.3)
(6.9)
Exchange adjustments
\u2212
\u2212
\u2212
0.1
0.1
At 30 September 2025
(5.6)
(15.2)
(2.7)
(41.5)
(65.0)
Net book value at 30 September 2025
2.5
2.8
\u2212
24.2
29.5
Net book value at 30 September 2024
2.1
2.2
0.3
28.2
32.8
Net book value at 30 September 2023
1.6
2.6
0.4
29.8
34.4
Right-of-use assets relate to property leases. Depreciation is included within administration expenses in the consolidated income statement.21. LEASE LIABILITIES
Group
Group
2025
2024
\u00a3m
\u00a3m
Current lease liabilities
5.6
8.4
Non-current lease liabilities
27.7
29.8
Total lease liabilities
33.3
38.2
\n
The Group leases various of\ufb01ces, the right-of-use assets relating to leases are shown within note 11. The current year interest expense on
\n
lease liabilities
(see note 7) was \u00a31.6m (2024: \u00a31.8m). Total cash out\ufb02ow for leases for the year ended 30 September 2025 was \u00a37.7m (2024:
\n\u00a38.6m). See note 22 for an analysis of the timings of contractual undiscounted cash \ufb02ows (including interest) for lease liabilities.", "dimensions": { "concept": "ifrs-full:DisclosureOfLeasesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00428": { "value": "
Equipment,
Land and
Plant and
\ufb01xtures and
Right-of-use
buildings
machinery
\ufb01ttings
lease assets
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
6.4
14.1
2.7
65.2
88.4
Additions
0.8
1.9
0.1
2.9
5.7
Disposals
\u2212
\u2212
\u2212
(0.6)
(0.6)
Exchange adjustments
(0.2)
(0.2)
(0.1)
(2.0)
(2.5)
At 30 September 2024
7.0
15.8
2.7
65.5
91.0
Additions
1.1
2.2
\u2212
0.3
3.6
Exchange adjustments
\u2212
\u2212
\u2212
(0.1)
(0.1)
At 30 September 2025
8.1
18.0
2.7
65.7
94.5
Accumulated depreciation
At 30 September 2023
(4.8)
(11.5)
(2.3)
(35.4)
(54.0)
Charge for the year
(0.2)
(2.3)
(0.1)
(3.9)
(6.5)
Disposals
\u2212
\u2212
\u2212
0.5
0.5
Impairment
\u2212
\u2212
\u2212
(0.2)
(0.2)
Exchange adjustments
0.1
0.2
\u2212
1.7
2.0
At 30 September 2024
(4.9)
(13.6)
(2.4)
(37.3)
(58.2)
Charge for the year
(0.7)
(1.6)
(0.3)
(4.3)
(6.9)
Exchange adjustments
\u2212
\u2212
\u2212
0.1
0.1
At 30 September 2025
(5.6)
(15.2)
(2.7)
(41.5)
(65.0)
Net book value at 30 September 2025
2.5
2.8
\u2212
24.2
29.5
Net book value at 30 September 2024
2.1
2.2
0.3
28.2
32.8
Net book value at 30 September 2023
1.6
2.6
0.4
29.8
34.4
Right-of-use assets relate to property leases.12. INTANGIBLE ASSETS
Other
Publishing
Customer
Advertiser
acquired
Non-acquired
Goodwill
rights
Brands
relationships
Subscribers
relationships
intangibles
intangibles
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
1,320.3
90.6
497.2
63.5
81.6
21.1
44.0
67.2
2,185.5
Other additions
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
11.1
11.1
Exchange adjustments
(45.7)
(0.2)
(13.0)
(1.5)
(4.2)
(1.6)
(1.2)
(1.1)
(68.5)
At 30 September 2024
1,274.6
90.4
484.2
62.0
77.4
19.5
42.8
77.2
2,128.1
Additions through business combinations
2.8
\u2212
\u2212
\u2212
\u2212
\u2212
6.5
\u2212
9.3
Other additions
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
12.9
12.9
Disposals
\u2212
(0.1)
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
(0.1)
Exchange adjustments
(1.8)
\u2212
(0.7)
(0.3)
(0.3)
(0.1)
(0.2)
(0.3)
(3.7)
At 30 September 2025
1,275.6
90.3
483.5
61.7
77.1
19.4
49.1
89.8
2,146.5
Accumulated amortisation and impairment
At 30 September 2023
(266.7)
(36.1)
(88.8)
(30.6)
(25.6)
(4.5)
(36.2)
(57.6)
(546.1)
Charge for the year
\u2212
(5.9)
(32.3)
(13.4)
(9.3)
(1.6)
(4.2)
(10.4)
(77.1)
Impairment
\u2212
(0.5)
(4.0)
\u2212
\u2212
\u2212
\u2212
\u2212
(4.5)
Exchange adjustments
3.8
0.3
3.9
1.0
1.8
0.3
1.0
1.2
13.3
At 30 September 2024
(262.9)
(42.2)
(121.2)
(43.0)
(33.1)
(5.8)
(39.4)
(66.8)
(614.4)
Charge for the year
\u2212
(5.8)
(26.2)
(4.8)
(9.3)
(1.5)
(5.7)
(11.1)
(64.4)
Impairment
(12.4)
\u2212
(1.6)
\u2212
\u2212
\u2212
(1.2)
\u2212
(15.2)
Disposals
\u2212
0.1
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
0.1
Exchange adjustments
0.1
\u2212
0.4
\u2212
0.2
\u2212
0.2
0.2
1.1
At 30 September 2025
(275.2)
(47.9)
(148.6)
(47.8)
(42.2)
(7.3)
(46.1)
(77.7)
(692.8)
Net book value at 30 September 2025
1,000.4
42.4
334.9
13.9
34.9
12.1
3.0
12.1
1,453.7
Net book value at 30 September 2024
1,011.7
48.2
363.0
19.0
44.3
13.7
3.4
10.4
1,513.7
Net book value at 30 September 2023
1,053.6
54.5
408.4
32.9
56.0
16.6
7.8
9.6
1,639.4
Useful economic lives
5-15
3-20
8-10
7-11
9-15
3-10
2
years
years
years
years
years
years
years
Additions through business combinations totalling \u00a39.3m in the current year related to the acquisition of RNWL Ltd (\u00a38.7m), an insurance
digital wallet that allows users to consolidate their insurance policies in one place, and Kwizly, (\u00a30.6m) an audience engagement tool
\n
provider. Refer to note 31 for further details on acquisitions.
\n
Any residual amount arising as a result of the purchase consideration being in excess of the value of acquired assets is recorded as
\n
goodwill. Goodwill is not amortised under IFRS, but is subject to impairment testing at least annually or more frequently on the occurrence
\n
of some triggering event. Goodwill is recorded and tested for impairment on a territory by territory basis. Non-acquired intangibles relate to
\n
capitalised software costs and website development costs which are internally generated.
\n
The Group performed its impairment testing as of 31 July 2025 and concluded no reasonably possible change in assumptions would result
\n
in an impairment.
\n
Subsequently to 31 July 2025, the Group performed a strategic optimisation review and identi\ufb01ed Mozo Pty Ltd, an Australian price
\n
comparison subsidiary acquired in 2021, having been impacted by macroeconomic challenges, and being sub-scale in its market, was not
\n
contributing to the overall strategy of the Group.
As a result, the Group determined that there was evidence of possible impairment and
\n
an additional impairment test was performed. An impairment charge of \u00a315.2m, comprised of \u00a312.4m goodwill and \u00a32.8m intangibles, was
\n
recognised. Mozo formed part of the B2C CGU.
\n
Further assessment was made to identify any additional indicators of impairment during the remaining two months of the year to 30 September
\n
2025, with no further indicators identi\ufb01ed. Amortisation is included within net operating expenses in the consolidated income statement.
\n
The Group conducted an impairment review of its intangible assets, aside from Mozo as mentioned above, no further impairment is
required at 30 September 2025.
\n
Impairment assessments for goodwill
\n
A goodwill impairment review for the group CGUs was conducted on 31 July 2025. The assumptions used in this review were based on
\n
information available as of that date.
\n
The net book value of goodwill at 30 September 2025 consists of \u00a3570.3m (31 July 2024: \u00a3612.2m) relating to B2C, \u00a365.7m (31 July 2024:
\n
\u00a369.6m) relating to the B2B and \u00a3364.4m (31 July 2024: \u00a3361.2m) relating to GoCo. The basis for calculating recoverable amounts is
\n
described in the accounting policies on page 139.
\n
Trends in the economic and \ufb01nancial environment, competition and regulatory authorities\u2019 decisions, or changes in competitor behaviour
\n
in response to the economic environment may affect the estimate of recoverable amounts, as will unforeseen changes in the political,
\n
economic or legal systems of some countries.
\n
From 1 October 2024, the Executive Directors consider the performance of the business from a divisional perspective of B2C, Go.Compare
\n
and B2B. Subsquently, as detailed in the accounting policies on page 140, the divisional sectors, B2C, Go.Compare and B2B, are considered
\n
to be the smallest group of cash generating units (\u2018CGU\u2019) which independently generate cash\ufb02ows and at which goodwill is monitored.
\n
Impairment testing has therefore been performed at this level as goodwill cannot be monitored at a lower level than that allowed by
\n
operating segments.
\n
Adjusted EBITDA has been used in the value in use calculation as it best re\ufb02ects the cash pro\ufb01ts generated by the CGUs. Adjustment has
\n
been made for other items, such as lease expenses, which are not included within EBITDA following the adoption of IFRS 16 in prior years. A
\nreconciliation between adjusted EBITDA and adjusted operating pro\ufb01t has been included in the Glossary on page 175.", "dimensions": { "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00429": { "value": "12. INTANGIBLE ASSETS
Other
Publishing
Customer
Advertiser
acquired
Non-acquired
Goodwill
rights
Brands
relationships
Subscribers
relationships
intangibles
intangibles
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
1,320.3
90.6
497.2
63.5
81.6
21.1
44.0
67.2
2,185.5
Other additions
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
11.1
11.1
Exchange adjustments
(45.7)
(0.2)
(13.0)
(1.5)
(4.2)
(1.6)
(1.2)
(1.1)
(68.5)
At 30 September 2024
1,274.6
90.4
484.2
62.0
77.4
19.5
42.8
77.2
2,128.1
Additions through business combinations
2.8
\u2212
\u2212
\u2212
\u2212
\u2212
6.5
\u2212
9.3
Other additions
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
12.9
12.9
Disposals
\u2212
(0.1)
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
(0.1)
Exchange adjustments
(1.8)
\u2212
(0.7)
(0.3)
(0.3)
(0.1)
(0.2)
(0.3)
(3.7)
At 30 September 2025
1,275.6
90.3
483.5
61.7
77.1
19.4
49.1
89.8
2,146.5
Accumulated amortisation and impairment
At 30 September 2023
(266.7)
(36.1)
(88.8)
(30.6)
(25.6)
(4.5)
(36.2)
(57.6)
(546.1)
Charge for the year
\u2212
(5.9)
(32.3)
(13.4)
(9.3)
(1.6)
(4.2)
(10.4)
(77.1)
Impairment
\u2212
(0.5)
(4.0)
\u2212
\u2212
\u2212
\u2212
\u2212
(4.5)
Exchange adjustments
3.8
0.3
3.9
1.0
1.8
0.3
1.0
1.2
13.3
At 30 September 2024
(262.9)
(42.2)
(121.2)
(43.0)
(33.1)
(5.8)
(39.4)
(66.8)
(614.4)
Charge for the year
\u2212
(5.8)
(26.2)
(4.8)
(9.3)
(1.5)
(5.7)
(11.1)
(64.4)
Impairment
(12.4)
\u2212
(1.6)
\u2212
\u2212
\u2212
(1.2)
\u2212
(15.2)
Disposals
\u2212
0.1
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
0.1
Exchange adjustments
0.1
\u2212
0.4
\u2212
0.2
\u2212
0.2
0.2
1.1
At 30 September 2025
(275.2)
(47.9)
(148.6)
(47.8)
(42.2)
(7.3)
(46.1)
(77.7)
(692.8)
Net book value at 30 September 2025
1,000.4
42.4
334.9
13.9
34.9
12.1
3.0
12.1
1,453.7
Net book value at 30 September 2024
1,011.7
48.2
363.0
19.0
44.3
13.7
3.4
10.4
1,513.7
Net book value at 30 September 2023
1,053.6
54.5
408.4
32.9
56.0
16.6
7.8
9.6
1,639.4
Useful economic lives
5-15
3-20
8-10
7-11
9-15
3-10
2
years
years
years
years
years
years
years
Acquired intangibles are amortised over their estimated economic lives, typically ranging between three and twenty years. See accounting
policy on page 139 for further details. The other acquired intangibles category in the table above includes assets relating to customer lists,
content and websites.
Included within the summary of acquired intangible assets above are the following individually material assets:
- GoCo brand acquired in February 2021, with a net book value (\u2018NBV\u2019) at 30 September 2025 of \u00a3203.3m, a useful economic life (\u2018UEL\u2019)
of 20 years and remaining amortisation period of 15.5 years (2024: \u00a3216.2m, UEL of 20 years and remaining amortisation period of 16.5
years);
- Publishing rights relating to TV Weekly magazines, acquired as part of the TI Media acquisition in April 2020 with a NBV at 30 September
2025 of \u00a317.6m with a UEL of 15 years and remaining amortisation period of 9.5 years (2024: \u00a319.4m with a UEL of 15 years and remaining
amortisation period of 10.5 years);
- Dennis Brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a321.9m, UEL of 20 years and remaining amortisation period
of 16 years (2024: \u00a323.3m, UEL of 20 years and remaining amortisation period of 17 years);
- Dennis subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a319.5m, a UEL of 11 years and remaining
amortisation period of 7 years (2024: \u00a322.3m, UEL of 11 years and remaining amortisation period of 8 years);
- The Week US brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a328.3m, a UEL of 20 years and remaining
\n
amortisation period of 16 years (2024: \u00a330.2m, UEL of 20 years and remaining amortisation period of 17 years);
\n
- The Week US subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a38.4m, a UEL of 7 years and
\n
remaining amortisation period of 3 years (2024: \u00a311.1m, a UEL of 7 years and remaining amortisation period of 4 years);
\n
- Kiplinger brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a318.7m, a UEL of 20 years and remaining amortisation
\n
period of 16 years (2024: \u00a319.8m, UEL of 20 years and remaining amortisation period of 17 years);
\n
- Kiplinger subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a35.5m, a UEL of 7 years and remaining
\n
amortisation period of 3 years (2024: \u00a37.3m, a UEL of 7 years and remaining amortisation period of 4 years);
\n
- Who What Wear brand acquired in June 2022, with a NBV at 30 September 2025 of \u00a324.1m, a UEL of 15 years and remaining amortisation
\n
period of 11.75 years (2024: \u00a326.2m, a UEL of 15 years and remaining amortisation period of 12.75 years); and
\n
- Who What Wear advertising relationships acquired in June 2022, with a NBV at 30 September 2025 of \u00a38.3m, a UEL of 13 years and
\n
remaining amortisation of 9.75 years (2024: \u00a39.2m, a UEL of 13 years and remaining amortisation of 10.75 years).
\n
Additions through business combinations totalling \u00a39.3m in the current year related to the acquisition of RNWL Ltd (\u00a38.7m), an insurance
\n
digital wallet that allows users to consolidate their insurance policies in one place, and Kwizly, (\u00a30.6m) an audience engagement tool
\n
provider. Refer to note 31 for further details on acquisitions.
\n
Any residual amount arising as a result of the purchase consideration being in excess of the value of acquired assets is recorded as
\n
goodwill. Goodwill is not amortised under IFRS, but is subject to impairment testing at least annually or more frequently on the occurrence
\n
of some triggering event. Goodwill is recorded and tested for impairment on a territory by territory basis. Non-acquired intangibles relate to
\n
capitalised software costs and website development costs which are internally generated.
\n
The Group performed its impairment testing as of 31 July 2025 and concluded no reasonably possible change in assumptions would result
\n
in an impairment.
\n
Subsequently to 31 July 2025, the Group performed a strategic optimisation review and identi\ufb01ed Mozo Pty Ltd, an Australian price
\n
comparison subsidiary acquired in 2021, having been impacted by macroeconomic challenges, and being sub-scale in its market, was not
\n
contributing to the overall strategy of the Group.
As a result, the Group determined that there was evidence of possible impairment and
\n
an additional impairment test was performed. An impairment charge of \u00a315.2m, comprised of \u00a312.4m goodwill and \u00a32.8m intangibles, was
\n
recognised. Mozo formed part of the B2C CGU.
\n
Further assessment was made to identify any additional indicators of impairment during the remaining two months of the year to 30 September
\n
2025, with no further indicators identi\ufb01ed. Amortisation is included within net operating expenses in the consolidated income statement.
\n
The Group conducted an impairment review of its intangible assets, aside from Mozo as mentioned above, no further impairment is
\n
required at 30 September 2025.
\n
Impairment assessments for goodwill
\n
A goodwill impairment review for the group CGUs was conducted on 31 July 2025. The assumptions used in this review were based on
\n
information available as of that date.
\n
The net book value of goodwill at 30 September 2025 consists of \u00a3570.3m (31 July 2024: \u00a3612.2m) relating to B2C, \u00a365.7m (31 July 2024:
\n
\u00a369.6m) relating to the B2B and \u00a3364.4m (31 July 2024: \u00a3361.2m) relating to GoCo. The basis for calculating recoverable amounts is
\n
described in the accounting policies on page 139.
\n
Trends in the economic and \ufb01nancial environment, competition and regulatory authorities\u2019 decisions, or changes in competitor behaviour
\n
in response to the economic environment may affect the estimate of recoverable amounts, as will unforeseen changes in the political,
\n
economic or legal systems of some countries.
\n
From 1 October 2024, the Executive Directors consider the performance of the business from a divisional perspective of B2C, Go.Compare
\n
and B2B. Subsquently, as detailed in the accounting policies on page 140, the divisional sectors, B2C, Go.Compare and B2B, are considered
\n
to be the smallest group of cash generating units (\u2018CGU\u2019) which independently generate cash\ufb02ows and at which goodwill is monitored.
\n
Impairment testing has therefore been performed at this level as goodwill cannot be monitored at a lower level than that allowed by
\n
operating segments.
\n
Adjusted EBITDA has been used in the value in use calculation as it best re\ufb02ects the cash pro\ufb01ts generated by the CGUs. Adjustment has
\n
been made for other items, such as lease expenses, which are not included within EBITDA following the adoption of IFRS 16 in prior years. A
\n
reconciliation between adjusted EBITDA and adjusted operating pro\ufb01t has been included in the Glossary on page 175.
Other assumptions that in\ufb02uence estimated recoverable amounts are set out below:
\n\n \n
2025
B2C
Go.Compare
B2B
Value in use
Value in use
Value in use
Basis of recoverable amount Source used
Three-year plans
Three-year plans
Three-year plans
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Growth rate to perpetuity
1.0%
2.0%
2.0%
Adjusted EBITDA margins
22.0% to 22.9%
37.0% to 39.6%
25.3% to 28.3%
Post-tax discount rate
10.0%
10.7%
10.4%
Pre-tax discount rate
13.5%
13.3%
13.9%
\n\n \n
2024
B2C
Go.Compare
B2B
Value in use
Value in use
Value in use
Basis of recoverable amount Source used
Three-year plans
Three-year plans
Three-year plans
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Growth rate to perpetuity
1.9%
1.7%
2.0%
Adjusted EBITDA margins
25.6% to 26.4%
38.8% to 40.4%
32.6% to 38.4%
Post-tax discount rate
10.1%
9.7%
10.0%
Pre-tax discount rate
14.0%
12.9%
13.9%
\n
Management has determined the values assigned to each of the above key assumptions as follows:
\n\n \n
Assumption
Approach used to determining values
Growth rate to perpetuity
This is the growth rate used to extrapolate cash \ufb02ows beyond the period of the three-year plan to \ufb01ve years. The rates are consistent
with forecast GDP growth for the relevant jurisdictions and are supported by the Group's long term average annual growth rate.
Adjusted EBITDA
Adjusted EBITDA margin is based on budgeted and forecast margins from the Group\u2019s three-year plan (based on past performance
margins assumed
and management\u2019s expectations for the future), adjusted to include intra-group management and licence charges.
Post-tax discount rate
Re\ufb02ects risks relevant to each CGU and the country in which they operate.
Pre-tax discount rate
The post-tax discount rate adjusted for the impact of tax.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00430": { "value": "12. INTANGIBLE ASSETS
Other
Publishing
Customer
Advertiser
acquired
Non-acquired
Goodwill
rights
Brands
relationships
Subscribers
relationships
intangibles
intangibles
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cost
At 30 September 2023
1,320.3
90.6
497.2
63.5
81.6
21.1
44.0
67.2
2,185.5
Other additions
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
11.1
11.1
Exchange adjustments
(45.7)
(0.2)
(13.0)
(1.5)
(4.2)
(1.6)
(1.2)
(1.1)
(68.5)
At 30 September 2024
1,274.6
90.4
484.2
62.0
77.4
19.5
42.8
77.2
2,128.1
Additions through business combinations
2.8
\u2212
\u2212
\u2212
\u2212
\u2212
6.5
\u2212
9.3
Other additions
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
12.9
12.9
Disposals
\u2212
(0.1)
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
(0.1)
Exchange adjustments
(1.8)
\u2212
(0.7)
(0.3)
(0.3)
(0.1)
(0.2)
(0.3)
(3.7)
At 30 September 2025
1,275.6
90.3
483.5
61.7
77.1
19.4
49.1
89.8
2,146.5
Accumulated amortisation and impairment
At 30 September 2023
(266.7)
(36.1)
(88.8)
(30.6)
(25.6)
(4.5)
(36.2)
(57.6)
(546.1)
Charge for the year
\u2212
(5.9)
(32.3)
(13.4)
(9.3)
(1.6)
(4.2)
(10.4)
(77.1)
Impairment
\u2212
(0.5)
(4.0)
\u2212
\u2212
\u2212
\u2212
\u2212
(4.5)
Exchange adjustments
3.8
0.3
3.9
1.0
1.8
0.3
1.0
1.2
13.3
At 30 September 2024
(262.9)
(42.2)
(121.2)
(43.0)
(33.1)
(5.8)
(39.4)
(66.8)
(614.4)
Charge for the year
\u2212
(5.8)
(26.2)
(4.8)
(9.3)
(1.5)
(5.7)
(11.1)
(64.4)
Impairment
(12.4)
\u2212
(1.6)
\u2212
\u2212
\u2212
(1.2)
\u2212
(15.2)
Disposals
\u2212
0.1
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
0.1
Exchange adjustments
0.1
\u2212
0.4
\u2212
0.2
\u2212
0.2
0.2
1.1
At 30 September 2025
(275.2)
(47.9)
(148.6)
(47.8)
(42.2)
(7.3)
(46.1)
(77.7)
(692.8)
Net book value at 30 September 2025
1,000.4
42.4
334.9
13.9
34.9
12.1
3.0
12.1
1,453.7
Net book value at 30 September 2024
1,011.7
48.2
363.0
19.0
44.3
13.7
3.4
10.4
1,513.7
Net book value at 30 September 2023
1,053.6
54.5
408.4
32.9
56.0
16.6
7.8
9.6
1,639.4
Useful economic lives
5-15
3-20
8-10
7-11
9-15
3-10
2
years
years
years
years
years
years
years
Acquired intangibles are amortised over their estimated economic lives, typically ranging between three and twenty years. See accounting
policy on page 139 for further details. The other acquired intangibles category in the table above includes assets relating to customer lists,
content and websites.
Included within the summary of acquired intangible assets above are the following individually material assets:
- GoCo brand acquired in February 2021, with a net book value (\u2018NBV\u2019) at 30 September 2025 of \u00a3203.3m, a useful economic life (\u2018UEL\u2019)
of 20 years and remaining amortisation period of 15.5 years (2024: \u00a3216.2m, UEL of 20 years and remaining amortisation period of 16.5
years);
- Publishing rights relating to TV Weekly magazines, acquired as part of the TI Media acquisition in April 2020 with a NBV at 30 September
2025 of \u00a317.6m with a UEL of 15 years and remaining amortisation period of 9.5 years (2024: \u00a319.4m with a UEL of 15 years and remaining
amortisation period of 10.5 years);
- Dennis Brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a321.9m, UEL of 20 years and remaining amortisation period
of 16 years (2024: \u00a323.3m, UEL of 20 years and remaining amortisation period of 17 years);
- Dennis subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a319.5m, a UEL of 11 years and remaining
amortisation period of 7 years (2024: \u00a322.3m, UEL of 11 years and remaining amortisation period of 8 years);
\n
- The Week US brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a328.3m, a UEL of 20 years and remaining
\n
amortisation period of 16 years (2024: \u00a330.2m, UEL of 20 years and remaining amortisation period of 17 years);
\n
- The Week US subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a38.4m, a UEL of 7 years and
\n
remaining amortisation period of 3 years (2024: \u00a311.1m, a UEL of 7 years and remaining amortisation period of 4 years);
\n
- Kiplinger brand acquired in October 2021, with a NBV at 30 September 2025 of \u00a318.7m, a UEL of 20 years and remaining amortisation
\n
period of 16 years (2024: \u00a319.8m, UEL of 20 years and remaining amortisation period of 17 years);
\n
- Kiplinger subscriber relationships acquired in October 2021, with a NBV at 30 September 2025 of \u00a35.5m, a UEL of 7 years and remaining
\n
amortisation period of 3 years (2024: \u00a37.3m, a UEL of 7 years and remaining amortisation period of 4 years);
\n
- Who What Wear brand acquired in June 2022, with a NBV at 30 September 2025 of \u00a324.1m, a UEL of 15 years and remaining amortisation
\n
period of 11.75 years (2024: \u00a326.2m, a UEL of 15 years and remaining amortisation period of 12.75 years); and
\n
- Who What Wear advertising relationships acquired in June 2022, with a NBV at 30 September 2025 of \u00a38.3m, a UEL of 13 years and
\n
remaining amortisation of 9.75 years (2024: \u00a39.2m, a UEL of 13 years and remaining amortisation of 10.75 years).
\n
Additions through business combinations totalling \u00a39.3m in the current year related to the acquisition of RNWL Ltd (\u00a38.7m), an insurance
\n
digital wallet that allows users to consolidate their insurance policies in one place, and Kwizly, (\u00a30.6m) an audience engagement tool
\n
provider. Refer to note 31 for further details on acquisitions.
\n
Any residual amount arising as a result of the purchase consideration being in excess of the value of acquired assets is recorded as
\n
goodwill. Goodwill is not amortised under IFRS, but is subject to impairment testing at least annually or more frequently on the occurrence
\n
of some triggering event. Goodwill is recorded and tested for impairment on a territory by territory basis. Non-acquired intangibles relate to
\n
capitalised software costs and website development costs which are internally generated.
\n
The Group performed its impairment testing as of 31 July 2025 and concluded no reasonably possible change in assumptions would result
\n
in an impairment.
\n
Subsequently to 31 July 2025, the Group performed a strategic optimisation review and identi\ufb01ed Mozo Pty Ltd, an Australian price
\n
comparison subsidiary acquired in 2021, having been impacted by macroeconomic challenges, and being sub-scale in its market, was not
\n
contributing to the overall strategy of the Group.
As a result, the Group determined that there was evidence of possible impairment and
\n
an additional impairment test was performed. An impairment charge of \u00a315.2m, comprised of \u00a312.4m goodwill and \u00a32.8m intangibles, was
\n
recognised. Mozo formed part of the B2C CGU.
\n
Further assessment was made to identify any additional indicators of impairment during the remaining two months of the year to 30 September
\n
2025, with no further indicators identi\ufb01ed. Amortisation is included within net operating expenses in the consolidated income statement.
\n
The Group conducted an impairment review of its intangible assets, aside from Mozo as mentioned above, no further impairment is
\n
required at 30 September 2025.
\n
Impairment assessments for goodwill
\n
A goodwill impairment review for the group CGUs was conducted on 31 July 2025. The assumptions used in this review were based on
\n
information available as of that date.
\n
The net book value of goodwill at 30 September 2025 consists of \u00a3570.3m (31 July 2024: \u00a3612.2m) relating to B2C, \u00a365.7m (31 July 2024:
\n
\u00a369.6m) relating to the B2B and \u00a3364.4m (31 July 2024: \u00a3361.2m) relating to GoCo. The basis for calculating recoverable amounts is
\n
described in the accounting policies on page 139.
\n
Trends in the economic and \ufb01nancial environment, competition and regulatory authorities\u2019 decisions, or changes in competitor behaviour
\n
in response to the economic environment may affect the estimate of recoverable amounts, as will unforeseen changes in the political,
\n
economic or legal systems of some countries.
\n
From 1 October 2024, the Executive Directors consider the performance of the business from a divisional perspective of B2C, Go.Compare
\n
and B2B. Subsquently, as detailed in the accounting policies on page 140, the divisional sectors, B2C, Go.Compare and B2B, are considered
\n
to be the smallest group of cash generating units (\u2018CGU\u2019) which independently generate cash\ufb02ows and at which goodwill is monitored.
\n
Impairment testing has therefore been performed at this level as goodwill cannot be monitored at a lower level than that allowed by
\n
operating segments.
\n
Adjusted EBITDA has been used in the value in use calculation as it best re\ufb02ects the cash pro\ufb01ts generated by the CGUs. Adjustment has
\n
been made for other items, such as lease expenses, which are not included within EBITDA following the adoption of IFRS 16 in prior years. A
\n
reconciliation between adjusted EBITDA and adjusted operating pro\ufb01t has been included in the Glossary on page 175.
\n
Other assumptions that in\ufb02uence estimated recoverable amounts are set out below:
\n\n \n
2025
B2C
Go.Compare
B2B
Value in use
Value in use
Value in use
Basis of recoverable amount Source used
Three-year plans
Three-year plans
Three-year plans
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Growth rate to perpetuity
1.0%
2.0%
2.0%
Adjusted EBITDA margins
22.0% to 22.9%
37.0% to 39.6%
25.3% to 28.3%
Post-tax discount rate
10.0%
10.7%
10.4%
Pre-tax discount rate
13.5%
13.3%
13.9%
\n\n \n
2024
B2C
Go.Compare
B2B
Value in use
Value in use
Value in use
Basis of recoverable amount Source used
Three-year plans
Three-year plans
Three-year plans
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Discounted cash \ufb02ow
Growth rate to perpetuity
1.9%
1.7%
2.0%
Adjusted EBITDA margins
25.6% to 26.4%
38.8% to 40.4%
32.6% to 38.4%
Post-tax discount rate
10.1%
9.7%
10.0%
Pre-tax discount rate
14.0%
12.9%
13.9%
\n
Management has determined the values assigned to each of the above key assumptions as follows:
\n\n \n
Assumption
Approach used to determining values
Growth rate to perpetuity
This is the growth rate used to extrapolate cash \ufb02ows beyond the period of the three-year plan to \ufb01ve years. The rates are consistent
with forecast GDP growth for the relevant jurisdictions and are supported by the Group's long term average annual growth rate.
Adjusted EBITDA
Adjusted EBITDA margin is based on budgeted and forecast margins from the Group\u2019s three-year plan (based on past performance
margins assumed
and management\u2019s expectations for the future), adjusted to include intra-group management and licence charges.
Post-tax discount rate
Re\ufb02ects risks relevant to each CGU and the country in which they operate.
Pre-tax discount rate
The post-tax discount rate adjusted for the impact of tax.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00431": { "value": "13. INVESTMENTS IN GROUP UNDERTAKINGS \n \n
2025
2024
Company
\u00a3m
\u00a3m
Shares in Group undertakings
At 1 October
1,366.8
1,311.1
Additions
5.5
55.7
At 30 September
1,372.3
1,366.8
\n
Prior additions of \u00a347.4m were attributable to capitalisation of amounts owed to the Company by other Group companies.
\n
In 2025, additions of \u00a35.5m (2024: \u00a38.3m) were wholly attributable to the fair value of share-based compensation awards granted to
\n
employees of subsidiary undertakings of Future Holdings 2002 Limited.
\n
The Directors believe that the carrying values of the investments are supported by their underlying assets. An impairment assessment has
\nbeen undertaken, with no impairment of investments required.", "dimensions": { "concept": "fp:DisclosureOfInvestmentsInGroupUndertakingsTextBlock", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00432": { "value": "15. TRADE AND OTHER RECEIVABLES \n \n
Restated
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Non-current assets:
Amounts owed by Group undertakings
\u2212
\u2212
\u2212
79.3
Current assets:
Trade receivables
65.8
\u2212
74.6
\u2212
Allowance for impairment of trade receivables
(5.5)
\u2212
(8.6)
\u2212
Trade receivables net
60.3
\u2212
66.0
\u2212
Amounts owed by Group undertakings
\u2212
83.5
\u2212
\u2212
Other receivables
4.5
\u2212
5.6
\u2212
Prepayments
19.0
\u2212
19.7
\u2212
Contract assets
21.3
\u2212
24.0
\u2212
Total
105.1
83.5
115.3
79.3
\n
The Directors consider that the carrying amount of trade and other receivables approximates their fair value. Trade receivables are
\n
presented net of magazine returns provision of \u00a344.1m (2024: \u00a342.5m).
\n
The Company recognises amounts owed by Group undertakings. These amounts are unsecured, have no \ufb01xed date of repayment and
\n
are repayable on demand.
\n
The Group applies the simpli\ufb01ed approach to recognise lifetime credit losses for trade receivables. Expected credit losses are only
\n
provided for on trade receivables, and are not calculated on contract assets. Due to the short term nature, contract assets are deemed
\n
low risk.
The movement in the Group allowance for impairment of trade receivables during the year is as follows:
\n\n \n
Group
Group
2025
2024
Provision
\u00a3m
\u00a3m
At 1 October
8.6
4.5
Impairment losses recognised on trade receivables:
Provided for in the year
1.5
6.5
Utilisation and release of provision
(4.6)
(1.7)
Foreign exchange movement
\u2212
(0.7)
At 30 September
5.5
8.6
\n
The Group measures expected credit losses by performing impairment analysis at each reporting date. Expected credit losses are
\n
recognised unless the Group is satis\ufb01ed that no recovery of the amount owing is possible, at which point the amounts considered
\n
irrecoverable are written off against the trade receivable directly. The primary indicator that the debt is irrecoverable is the customers
\n
liquidation but there are also instances where legal proceedings and/or debt recovery have not succeeded. Receivables written off
\n
during the year include amounts provided for in full on prior acquisitions.
\n
The Group applies the IFRS 9 simpli\ufb01ed approach to measuring expected credit losses which uses a lifetime expected loss allowance for
\n
all trade receivables. To measure the expected credit losses trade receivables are grouped by trading subsidiaries. The expected losses
\n
are based on historical credit losses, as current understanding of customer behaviour and macro-economic trends provide comfort
\n
that historic activity is representative of the current portfolio behaviours, for the 24 months in the period to 30 September 2025.
\n
Additionally, in 2025 we have released a provision of \u00a32.0m previously held for a speci\ufb01c US magazine distributor, which had suspended
\n
payments pending their re\ufb01nancing at the end of FY 2024. These debtor balances were subsequently recovered in FY 2025 and so the
\n
provision was released. There was also a \u00a30.7m decrease (2024: \u00a32.0m increase) in the provision, relating to aged receivables in the
\n
B2C and B2B segments. The expected credit loss provision therefore re\ufb02ects the net exposure to credit losses after accounting for the
\n
expected bene\ufb01ts from the insurance coverage.
The expected loss rate and the related allowance for impairment of trade receivables is split by ageing category as follows:
\n\n \n
2025
Current
0-30 days
31-60 days
61-90 days
90+ days
Total
Gross carrying amount of trade receivables (\u00a3m)
55.0
0.8
1.9
1.5
4.6
63.8
Allowance for impairment of trade receivables (\u00a3m)
0.7
0.1
0.4
0.7
3.6
5.5
Expected loss rate
1.3%
12.5%
21.1%
46.7%
78.3%
\n\n \n
2024
Current
0-30 days
31-60 days
61-90 days
90+ days
Total
Gross carrying amount of trade receivables (\u00a3m)
58.4
6.0
2.5
2.8
4.9
74.6
Allowance for impairment of trade receivables (\u00a3m)
2.5
0.7
0.6
1.6
3.2
8.6
Expected loss rate
4.3%
11.7%
24.0%
57.1%
65.3%
\n
Credit risk
\n
Credit checks are required for both new and existing accounts where trading exceeds a risk based de minimis threshold. Default credit
\n
terms range between 30 and 60 days depending on the geography and revenue stream but can be extended for commercial reasons.
\n
Credit risk management will take the \ufb01nal decision on customer credit and extension credit terms after considering the following factors;
\n
trading history to date, credit status of the customer, deal pro\ufb01tability and any other relevant commercial factors. The Group holds trade
\n
credit insurance policies covering a signi\ufb01cant portion of its trade receivables portfolio. These policies are considered integral to the terms
\n
of the receivables for IFRS 9 purposes.
\n
The maximum exposure to credit risk at the reporting date is the carrying value of each class of receivable mentioned above. The Group
\n
does not hold any collateral as security for trade receivables. All the Company\u2019s receivables are with Group undertakings. Amounts due
\n
from Group undertakings are stated at amortised cost including a provision for expected credit losses. For the purpose of impairment
\n
assessment, amounts due from group undertakings are considered low credit risk and therefore, the Company measures the provision
\n
at an amount equal to 12-month expected credit losses. Impairment provision is not material to the \ufb01nancial statements. The Company
\n
is covered by the Group\u2019s liquidity arrangements hence the probability of default is insigni\ufb01cant. Interest on \u00a379.4m (2024: \u00a375.3m) of
\n
the amounts owed by Group undertakings has been charged at the Secured Overnight Financing Rate (\u2018SOFR\u2019) plus 2%. The balance of
\namounts owed by Group undertakings is interest-free without any terms for repayment and so are repayable on demand. ", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00433": { "value": "\n \n
Restated
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Non-current assets:
Amounts owed by Group undertakings
\u2212
\u2212
\u2212
79.3
Current assets:
Trade receivables
65.8
\u2212
74.6
\u2212
Allowance for impairment of trade receivables
(5.5)
\u2212
(8.6)
\u2212
Trade receivables net
60.3
\u2212
66.0
\u2212
Amounts owed by Group undertakings
\u2212
83.5
\u2212
\u2212
Other receivables
4.5
\u2212
5.6
\u2212
Prepayments
19.0
\u2212
19.7
\u2212
Contract assets
21.3
\u2212
24.0
\u2212
Total
105.1
83.5
115.3
79.3
", "dimensions": { "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00434": { "value": "Credit risk
Credit checks are required for both new and existing accounts where trading exceeds a risk based de minimis threshold. Default credit
\n
terms range between 30 and 60 days depending on the geography and revenue stream but can be extended for commercial reasons.
\n
Credit risk management will take the \ufb01nal decision on customer credit and extension credit terms after considering the following factors;
\n
trading history to date, credit status of the customer, deal pro\ufb01tability and any other relevant commercial factors. The Group holds trade
\n
credit insurance policies covering a signi\ufb01cant portion of its trade receivables portfolio. These policies are considered integral to the terms
\n
of the receivables for IFRS 9 purposes.
\n
The maximum exposure to credit risk at the reporting date is the carrying value of each class of receivable mentioned above. The Group
\n
does not hold any collateral as security for trade receivables. All the Company\u2019s receivables are with Group undertakings. Amounts due
\n
from Group undertakings are stated at amortised cost including a provision for expected credit losses. For the purpose of impairment
\n
assessment, amounts due from group undertakings are considered low credit risk and therefore, the Company measures the provision
\n
at an amount equal to 12-month expected credit losses. Impairment provision is not material to the \ufb01nancial statements. The Company
\n
is covered by the Group\u2019s liquidity arrangements hence the probability of default is insigni\ufb01cant. Interest on \u00a379.4m (2024: \u00a375.3m) of
\n
the amounts owed by Group undertakings has been charged at the Secured Overnight Financing Rate (\u2018SOFR\u2019) plus 2%. The balance of
amounts owed by Group undertakings is interest-free without any terms for repayment and so are repayable on demand. ", "dimensions": { "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00435": { "value": "16. CASH AND CASH EQUIVALENTS
Cash and cash equivalents include the following for the purposes of the cash \ufb02ow statements:
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Cash at bank
27.6
0.9
39.7
0.2
\n
The decrease in cash is principally due to the share buyback programme which was \u00a395.8m (see note 23 for further detail) and the purchase of
\n
\u00a37.0m of shares into the Employee Bene\ufb01t Trust in the year (see note 25 for further detail).
\n
The Group has a number of authorised counterparties with whom cash balances are held in the countries in which the Group operates. Credit risk
\n
is minimised by considering the credit standing of all potential counterparties before selecting them by the use of external credit ratings. Over
\n
99.9% of the Group\u2019s cash and cash equivalent balance was held with counterparties with a minimum S&P credit rating of A-. The Group monitors
\n
the exposure, credit rating and outlook of all \ufb01nancial counterparties on a regular basis.
\nThe Group holds no cash equivalents at 30 September 2025 (2024: nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00437": { "value": "17. TRADE AND OTHER PAYABLES \n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Current liabilities
Trade payables
27.7
\u2212
20.6
\u2212
Amounts owed to Group undertakings
\u2212
259.0
\u2212
\u2212
Other taxation and social security
7.5
0.1
4.4
\u2212
Global sales tax
0.8
\u2212
11.3
\u2212
Other payables
5.6
0.2
14.8
0.2
Accruals
50.8
6.3
70.6
8.8
Total current liabilities
92.4
265.6
121.7
9.0
Non-current liabilities
Amounts owed to Group undertakings
\u2212
49.6
\u2212
202.1
Total
92.4
315.2
121.7
211.1
\n
Trade payables and accruals principally comprise amounts outstanding for trade purchases and ongoing costs. The Group has \ufb01nancial risk
\n
management policies in place to ensure all payables are paid within the agreed credit terms. Included within other payables in 2024 was a
\n
one-off VAT liability of \u00a311.5m (2025: \u00a3nil) which has been settled during the year.
\n
The Directors consider that the carrying amount of trade payables approximates to their fair value.
\n
The Company recognises amounts owed to Group undertakings. These amounts are unsecured, have no \ufb01xed date of repayment and are
\nrepayable on demand.", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00438": { "value": "\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Current liabilities
Trade payables
27.7
\u2212
20.6
\u2212
Amounts owed to Group undertakings
\u2212
259.0
\u2212
\u2212
Other taxation and social security
7.5
0.1
4.4
\u2212
Global sales tax
0.8
\u2212
11.3
\u2212
Other payables
5.6
0.2
14.8
0.2
Accruals
50.8
6.3
70.6
8.8
Total current liabilities
92.4
265.6
121.7
9.0
Non-current liabilities
Amounts owed to Group undertakings
\u2212
49.6
\u2212
202.1
Total
92.4
315.2
121.7
211.1
", "dimensions": { "concept": "ifrs-full:DisclosureOfAccruedExpensesAndOtherLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00439": { "value": "18. FINANCIAL LIABILITIES \u2013 INTEREST-BEARING LOANS AND BORROWINGS \n \n
Interest rate at
Interest rate at
Group
Company
Group
Company
Variable rate
30 September
30 September
2025
2025
2024
2024
Non-current liabilities
benchmark
2025
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Export development guarantee term facility*
SONIA
\u2212
6.39%
\u2212
\u2212
276.2
276.2
Senior unsecured bond
N/A
6.75%
\u2212
296.6
296.6
\u2212
\u2212
Revolving credit facility
SONIA
5.97%
\u2212
7.4
7.4
\u2212
\u2212
Total
304.0
304.0
276.2
276.2
\n\n \n
Interest rate at
Interest rate at
Group
Company
Group
Company
30 September
30 September
2025
2025
2024
2024
Current liabilities
2025
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Export development guarantee term facility*
\u2212
6.39%
\u2212
\u2212
20.0
20.0
\n
*Rate is after accounting for the impact of interest rate swaps
The interest-bearing liabilities are repayable as follows:
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Within one year
\u2212
\u2212
20.0
20.0
Between one and two years
\u2212
\u2212
130.0
130.0
Between two and \ufb01ve years
304.0
304.0
146.2
146.2
Total
304.0
304.0
296.2
296.2
\n
In both the Group and Company tables interest bearing loans are shown net of unamortised issue costs which amounted to \u00a36.0m (2024: \u00a33.9m).
\n
The Group re\ufb01nanced its entire capital structure during the year.
The previous RCF of \u00a3350.0m, maturing July 2026, was re\ufb01nanced with a
\n
\u00a3300m RCF, maturing May 2029,
with two, 1-year extension options subject to lender consent.
The Group\u2019s \u00a3300.0m Export Development
\n
Guarantee Facility, maturing November 2027, was re\ufb01nanced with a \u00a3300.0m 5-year non-call 2 (\u201c5NC2\u201d) senior unsecured bond. The instrument
\n
carries a \ufb01xed coupon of 6.75% per annum, payable semi-annually in arrears, and matures in July 2030. The bond is callable at the issuer\u2019s option
\n
after the second anniversary of issuance according to the following schedule:
\n
Year 3: Redeemable at par plus 50 % of the annual coupon,
\n
Year 4: Redeemable at par plus 25 % of the annual coupon, and
\n
Year 5: Redeemable at par.
\n
This stepped call structure provides \ufb02exibility for the Group to optimise its capital structure.
The new facilities signi\ufb01cantly extend the maturity
\n
of the Group\u2019s debt.
\n
At 30 September 2025, 48.3% (\u00a3290.0m of \u00a3600.0m) of the Group\u2019s facilities remained undrawn (30 September 2024: 53.8% (\u00a3350.0m of
\n
\u00a3650.0m) undrawn).
\n
All material companies in the Group are guarantors to the facilities and the availability of the facilities is subject to certain covenants. The RCF has
\n
a variable interest margin payable that is linked to a ratchet mechanism, subject to a minimum margin, as the Group\u2019s leverage covenant changes.
\n
This margin ranges between between 1.75% and 3.00%.
\n
The key covenants for all facilities are set out in the glossary section on page 177.
The Group remains comfortably within all covenant
\n
requirements.
\nThe Group had drawn down \u00a3nil on its interest-bearing overdraft at 30 September 2025 (30 September 2024: \u00a3nil).", "dimensions": { "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00440": { "value": "19. OTHER FINANCIAL LIABILITY \n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Other \ufb01nancial liability
\u2212
\u2212
12.2
12.2
\n
The other \ufb01nancial liability relates to an obligation at 30 September 2024 for the Group to purchase its own shares under the terms of its
\n
buyback agreement. The share buyback concluded on 21 October 2024. On 1 August 2025 a new share buyback programme commenced.
\n
The share buyback agreement includes no obligation to purchase own shares under the terms of the buyback agreement. Therefore, no
\n
\ufb01nancial liability is recognised for purchase of
future shares in the terms of the buyback agreement.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00441": { "value": "20. PROVISIONS \n \n
Property
Restructuring
Other
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 30 September 2023
6.7
\u2212
0.5
7.2
Charged/(released) in the year
1.2
\u2212
0.4
1.6
Utilised in the year
(3.4)
\u2212
(0.7)
(4.1)
At 30 September 2024
4.5
\u2212
0.2
4.7
Charged/(released) in the year
(0.4)
2.7
(0.1)
2.2
Utilised in the year
(0.9)
(1.0)
\u2212
(1.9)
At 30 September 2025
3.2
1.7
0.1
5.0
The provision for property relates to dilapidations and obligations under short leasehold agreements on vacant property. The majority of the
\n
vacant property provision is expected to be utilised over the next three years.
\n
In the year ended 30 September 2025, the Group has undertaken a signi\ufb01cant rationalisation programme which has resulted in the
\n
redundancy of a number of employees in the Group. Restructuring costs currently provided are expected to be fully utilised over the next 12
\n
months.
\n
Provisions for the Company were \u00a3nil (2024: \u00a3nil).
Property
Restructuring
Other
Total
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Current
\u2212
1.7
\u2212
1.7
Non-current
3.2
\u2212
0.1
3.3
Total at 30 September 2025
3.2
1.7
0.1
5.0
\nAll provisions in FY 2024 were non-current in nature.", "dimensions": { "concept": "ifrs-full:DisclosureOfProvisionsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00442": { "value": "21. LEASE LIABILITIES
Group
Group
2025
2024
\u00a3m
\u00a3m
Current lease liabilities
5.6
8.4
Non-current lease liabilities
27.7
29.8
Total lease liabilities
33.3
38.2
\n
The Group leases various of\ufb01ces, the right-of-use assets relating to leases are shown within note 11. The current year interest expense on
\n
lease liabilities
(see note 7) was \u00a31.6m (2024: \u00a31.8m). Total cash out\ufb02ow for leases for the year ended 30 September 2025 was \u00a37.7m (2024:
\n\u00a38.6m). See note 22 for an analysis of the timings of contractual undiscounted cash \ufb02ows (including interest) for lease liabilities.", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherNoncurrentLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00436": { "value": "22. FINANCIAL INSTRUMENTS
Financial instruments by category
\n
During the year, the Group re\ufb01nanced it\u2019s EDG facility with a 5NC2 senior unsecured bond at a \ufb01xed rate of 6.75%.
\n
The following table presents the Group\u2019s \ufb01nancial assets and liabilities that are measured at fair value at 30 September 2025:
2025
Amortised
Fair value through
Total carrying
Total fair
cost
pro\ufb01t and loss
value
value
Group
Note
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Finance lease receivable
3.6
-
3.6
3.6
Trade receivables net
15
60.3
-
60.3
60.3
Other receivables & contract assets
15
25.8
-
25.8
25.8
Cash and cash equivalents
16
27.6
-
27.6
27.6
Total \ufb01nancial assets
117.3
-
117.3
117.3
Trade payables
17
(27.7)
-
(27.7)
(27.7)
Other liabilities & accruals
17
(56.4)
-
(56.4)
(56.4)
Contingent consideration
31
-
(4.6)
(4.6)
(4.6)
Current and non-current borrowings
18
(304.0)
-
(304.0)
(304.0)
Lease liabilities
21
(33.3)
-
(33.3)
(33.3)
Total \ufb01nancial liabilities
(421.4)
(4.6)
(426.0)
(426.0)
\n \n
2024
Amortised
Fair value through
Total carrying
Total fair
cost
pro\ufb01t and loss
value
value
Group
Note
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Financial asset - derivative
\u2212
1.4
1.4
1.4
Finance lease receivable
2.0
\u2212
2.0
2.0
Trade receivables net
15
66.0
\u2212
66.0
66.0
Other receivables
15
5.6
\u2212
5.6
5.6
Cash and cash equivalents
16
39.7
\u2212
39.7
39.7
Total \ufb01nancial assets
113.3
1.4
114.7
114.7
Trade payables
17
(20.6)
\u2212
(20.6)
(20.6)
Other liabilities & accruals
(101.1)
\u2212
(101.1)
(101.1)
Financial liabilities - derivative
18
\u2212
(1.4)
(1.4)
(1.4)
Other \ufb01nancial liability
19
(12.2)
\u2212
(12.2)
(12.2)
Non-current borrowings
(296.2)
\u2212
(296.2)
(296.2)
Lease liabilities
21
(38.2)
\u2212
(38.2)
(38.2)
Total \ufb01nancial liabilities
(468.3)
(1.4)
(469.7)
(469.7)
\n
The Group uses \ufb01nancial instruments where appropriate to raise funding for its operations and to manage the \ufb01nancial risks arising from
\n
those operations. The agreements governing the principal instruments entered into were approved by the Board.
\n
The Group\u2019s objectives when managing capital are to safeguard the Group\u2019s ability to continue as a going concern, provide returns and
\n
bene\ufb01ts for shareholders.
\n
The principal \ufb01nancing and treasury exposures faced by the Group arise from foreign currencies, working capital management, the
\n
\ufb01nancing of capital expenditure and acquisitions, the management of interest rates on the Group\u2019s debt, the investment of surplus cash
\n
and the management of the Group\u2019s debt facilities. The Group manages all of these exposures with an objective of remaining within
\n
covenant ratios agreed with the Group\u2019s banks, and the Group has been in compliance with its covenants during the year. These ratios are
\n
disclosed in the Glossary on page 177.
\n
Fair values
\n
The carrying value of \ufb01nancial instruments measured at amortised cost approximates their fair value.
\n\n \n
2025
2024
Level 2
Level 3
Level 2
Level 3
Financial asset
Fair value
Fair value
Fair value
Fair value
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Asset
Financial asset - derivatives
\u2212
\u2212
1.4
\u2212
Liabilities
Financial liability - derivatives
\u2212
\u2212
(1.4)
\u2212
Contingent consideration
\u2212
(4.6)
\u2212
\u2212
\n
IFRS 13 Fair Value Measurement requires that the classi\ufb01cation of \ufb01nancial instruments at fair value be determined by reference to the
\n
source of inputs used to derive the fair value. The classi\ufb01cation uses the following three-level hierarchy:
\n
Level 1:
Quoted prices (unadjusted) in active markets for identical assets or liabilities;
\n
Level 2:
Other techniques for which all inputs, which have a signi\ufb01cant effect on the recorded fair value, are observable, either directly or
\n
indirectly; and
\n
Level 3:
Techniques which use inputs, which have a signi\ufb01cant effect on the recorded fair value, that are not based on observable market data.
\n
The valuation technique used to measure the fair value of the derivatives is discounted cash \ufb02ows.
\n
There have been no transfers between levels during the year to 30 September 2025 (30 September 2024: none).
Contingent consideration
\n
At 30 September 2025 there was contingent consideration payable of \u00a34.6m relating to the acquistion of RNWL Ltd (see note 31).
\n
Currency and interest rate pro\ufb01le
\n
The currency and interest rate pro\ufb01le of the Group\u2019s \ufb01nancial assets and liabilities is shown below:
\n\n \n
Financial assets
Financial liabilities
Net \ufb01nancial
Floating
Non-interest
Floating
Non-interest
(liabilities)/
rate
Fixed rate
bearing
Total
rate
Fixed rate
bearing
Total
assets
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 30 September 2025
Currency:
Sterling
15.5
\u2212
28.8
44.3
(7.4)
(296.6)
(92.9)
(396.9)
(352.6)
US Dollar
9.3
\u2212
51.3
60.6
\u2212
\u2212
(25.7)
(25.7)
34.9
Euro
1.4
\u2212
3.1
4.5
\u2212
\u2212
(1.3)
(1.3)
3.2
AUS Dollar
1.1
\u2212
2.5
3.6
\u2212
\u2212
(1.2)
(1.2)
2.4
Other
0.3
\u2212
4.0
4.3
\u2212
\u2212
(0.9)
(0.9)
3.4
Total
27.6
\u2212
89.7
117.3
(7.4)
(296.6)
(122.0)
(426.0)
(308.7)
At 30 September 2024
Currency:
Sterling
31.1
1.4
45.3
77.8
(296.2)
(1.4)
(146.8)
(444.4)
(366.6)
US Dollar
6.4
\u2212
46.1
52.5
\u2212
\u2212
(3.7)
(3.7)
48.8
Euro
0.9
\u2212
1.7
2.6
\u2212
\u2212
(4.7)
(4.7)
(2.1)
AUS Dollar
1.0
\u2212
0.9
1.9
\u2212
\u2212
(0.1)
(0.1)
1.8
Other
0.3
\u2212
3.6
3.9
\u2212
\u2212
(1.1)
(1.1)
2.8
Total
39.7
1.4
97.6
138.7
(296.2)
(1.4)
(156.4)
(454.0)
(315.3)
\n
Interest rate risk
\n
Details of the interest rates on borrowings as at 30 September 2025 are set out in note 18.
\n
At 30 September 2025 the Group had \u00a327.6m (2024: \u00a339.7m) of interest-bearing assets. Borrowings issued at variable rates expose the
\n
Group to cash \ufb02ow interest rate risk. The Group evaluates its risk appetite towards interest rate risks regularly and during 2025 \ufb01xed it\u2019s
\n
long-term borrowings via the issuance of a 6.75% 5NC2 senior unsecured bond due 2030.
At inception of the Guaranteed Note facility,
\n
interest rate swap agreements used to hedge the Group\u2019s previous variable rate EDG facility were closed out.
The Group still remains
\n
exposued to changes in cash \ufb02ows due to changes in interest rates on its RCF, however drawings on this facility are expected to be variable
\n
in nature and therefore not hedged via derivative instruments.
\n
The Group\u2019s exposure to interest rates on \ufb01nancial assets and \ufb01nancial liabilities is detailed in the liquidity risk section of this note.
For the year ended 30 September 2025, if interest rates on net debt excluding lease liability had been on average 1.0% higher/lower,
\n
throughout the year, with all other variables held constant, the post-tax pro\ufb01t would have decreased/increased by \u00a30.3m (2024: \u00a30.1m).
\n
There would be no impact on equity excluding retained earnings.
\n
Impact of hedging on equity:
\n\n \n
Cash \ufb02ow
Cash \ufb02ow
hedge reserve
hedge reserve
2025
2024
\u00a3m
\u00a3m
As at 1 October
-
4.4
Change in fair value recognised in other comprehensive income
- Interest rate swaps
1.9
(4.3)
Reclassi\ufb01ed to pro\ufb01t or loss as hedged item effects pro\ufb01t or loss
(1.9)
(1.6)
Deferred tax impact
-
1.5
As at 30 September
-
-
\n
Foreign exchange risk
\n
The Group is exposed to (1) transaction foreign exchange risk arising from exchange rate \ufb02uctuations on non-functional currency trading
\n
transactions, assets and liabilities which can impact the Groups cash\ufb02ow, and (2) to translation foreign exchange risk on converting the
\n
results, assets and liabilities of foreign operations into Sterling which can have a signi\ufb01cant effect on the Group\u2019s reported pro\ufb01ts and
\n
balance sheet. The main exposure is to movements in the US Dollar against Sterling.
\n
The Group\u2019s policy for managing exchange rate risk is summarised as follows:
\n
Transaction exposure \u2013 the Group manages this by ensuring that transactions are denominated in the local functional currency of the
\n
operating units wherever possible. Where this is not possible the use of forward contracts to hedge exposure is considered if the exposure
\n
is considered material and suf\ufb01ciently reliable,
however the Group seeks to ensure that its balance sheet positions are naturally hedged
\n
wherever possible. The use of forward exchange contracts (or any other derivative \ufb01nancial instrument) is subject to authorisation by the
\n
Board.
Where possible, any any forward exchange contracts are disignated as cash \ufb02ow hedges.
\n
Translation exposure - The Group acknowledges and accepts this risk, it does not enter into forward foreign exchange or other derivative
\n
contracts to hedge foreign currency
translation of its overseas subsidaries.
\n
It is estimated that, with all other variables held equal (in particular other exchange rates), a general change of 20 percent in the value of the
\n
US Dollar against Sterling would have had the following impact on the Group\u2019s current year pro\ufb01t after tax and on retained earnings:
\n\n \n
2025 currency risks expressed in
USD/GBP
\u00a3m
Reasonable shift
20%
Impact on pro\ufb01t after tax if USD strengthens against GBP
(3.6)
Impact on pro\ufb01t after tax if USD weakens against GBP
3.6
Impact on shareholders' funds if USD strengthens against GBP
(138.6)
Impact on shareholders' funds if USD weakens against GBP
138.6
\n\n \n
2024 currency risks expressed in
USD/GBP
\u00a3m
Reasonable shift
20%
Impact on pro\ufb01t after tax if USD strengthens against GBP
(4.2)
Impact on pro\ufb01t after tax if USD weakens against GBP
4.2
Impact on shareholders' funds if USD strengthens against GBP
78.8
Impact on shareholders' funds if USD weakens against GBP
(78.8)
\n
The pro\ufb01t after tax impact re\ufb02ects the foreign exchange differences that could arise following the retranslation of balances denominated
\n
in currencies other than the functional currency of the entity to which they relate. The retained earnings impact re\ufb02ects the currency
\n
translation differences that would arise directly within other comprehensive income upon retranslation of the Group\u2019s US subsidiaries on
\n
consolidation. The method of estimation involves assessing the translation impact of the US dollar.
Liquidity risk
The Group funds the business largely from cash \ufb02ows generated from operations and long-term debt. Details of the Group\u2019s borrowings are
disclosed in note 18.
The Group monitors and manages the cash for the Group and has maintained committed banking facilities as noted above to mitigate any
liquidity risk it may face. If necessary, inter-company loans within the Group meet short-term cash needs. The following table shows the
Group\u2019s remaining contractual maturity for \ufb01nancial liabilities and derivative \ufb01nancial instruments. The table has been drawn up based
on the undiscounted cash \ufb02ows of \ufb01nancial liabilities based on the earliest date on which the Group is obliged to pay, including estimated
interest payments but excluding amortisation of bank arrangement fees:
\n \n
Less than
Between one
Between two
Between \ufb01ve
Over ten
one year
and two years
and \ufb01ve years
and ten years
years
Total
2025
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Trade payables
(27.7)
-
-
-
-
(27.7)
Lease liabilities
(6.4)
(6.0)
(11.8)
(12.6)
(0.6)
(37.4)
Contngent consideration
-
(0.2)
(4.3)
(2.4)
-
(6.9)
Other liabilities
(56.4)
-
-
-
-
(56.4)
Borrowings
(20.9)
(20.9)
(361.6)
-
-
(403.4)
Total \ufb01nancial liabilities
(111.4)
(27.1)
(377.7)
(15.0)
(0.6)
(531.8)
\n \n
Less than
Between one
Between two
Between \ufb01ve
Over ten
one year
and two years
and \ufb01ve years
and ten years
years
Total
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Trade payables
(20.6)
\u2212
\u2212
\u2212
\u2212
(20.6)
Lease liabilities
(8.4)
(6.3)
(14.3)
(13.4)
(3.0)
(45.4)
Other \ufb01nancial liabilities
(12.2)
\u2212
\u2212
\u2212
\u2212
(12.2)
Other liabilities
(101.1)
\u2212
\u2212
\u2212
\u2212
(101.1)
Financial liabilites - derivative
\u2212
(1.4)
\u2212
\u2212
\u2212
(1.4)
Borrowings
(39.1)
(67.0)
(247.3)
\u2212
\u2212
(353.4)
Total \ufb01nancial liabilities
(181.4)
(74.7)
(261.6)
(13.4)
(3.0)
(534.1)
", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00443": { "value": "22. FINANCIAL INSTRUMENTS
Financial instruments by category
\n
During the year, the Group re\ufb01nanced it\u2019s EDG facility with a 5NC2 senior unsecured bond at a \ufb01xed rate of 6.75%.
\n
The following table presents the Group\u2019s \ufb01nancial assets and liabilities that are measured at fair value at 30 September 2025:
2025
Amortised
Fair value through
Total carrying
Total fair
cost
pro\ufb01t and loss
value
value
Group
Note
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Finance lease receivable
3.6
-
3.6
3.6
Trade receivables net
15
60.3
-
60.3
60.3
Other receivables & contract assets
15
25.8
-
25.8
25.8
Cash and cash equivalents
16
27.6
-
27.6
27.6
Total \ufb01nancial assets
117.3
-
117.3
117.3
Trade payables
17
(27.7)
-
(27.7)
(27.7)
Other liabilities & accruals
17
(56.4)
-
(56.4)
(56.4)
Contingent consideration
31
-
(4.6)
(4.6)
(4.6)
Current and non-current borrowings
18
(304.0)
-
(304.0)
(304.0)
Lease liabilities
21
(33.3)
-
(33.3)
(33.3)
Total \ufb01nancial liabilities
(421.4)
(4.6)
(426.0)
(426.0)
\n\n \n
2024
Amortised
Fair value through
Total carrying
Total fair
cost
pro\ufb01t and loss
value
value
Group
Note
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Financial asset - derivative
\u2212
1.4
1.4
1.4
Finance lease receivable
2.0
\u2212
2.0
2.0
Trade receivables net
15
66.0
\u2212
66.0
66.0
Other receivables
15
5.6
\u2212
5.6
5.6
Cash and cash equivalents
16
39.7
\u2212
39.7
39.7
Total \ufb01nancial assets
113.3
1.4
114.7
114.7
Trade payables
17
(20.6)
\u2212
(20.6)
(20.6)
Other liabilities & accruals
(101.1)
\u2212
(101.1)
(101.1)
Financial liabilities - derivative
18
\u2212
(1.4)
(1.4)
(1.4)
Other \ufb01nancial liability
19
(12.2)
\u2212
(12.2)
(12.2)
Non-current borrowings
(296.2)
\u2212
(296.2)
(296.2)
Lease liabilities
21
(38.2)
\u2212
(38.2)
(38.2)
Total \ufb01nancial liabilities
(468.3)
(1.4)
(469.7)
(469.7)
\n
The Group uses \ufb01nancial instruments where appropriate to raise funding for its operations and to manage the \ufb01nancial risks arising from
\n
those operations. The agreements governing the principal instruments entered into were approved by the Board.
\n
The Group\u2019s objectives when managing capital are to safeguard the Group\u2019s ability to continue as a going concern, provide returns and
\n
bene\ufb01ts for shareholders.
\n
The principal \ufb01nancing and treasury exposures faced by the Group arise from foreign currencies, working capital management, the
\n
\ufb01nancing of capital expenditure and acquisitions, the management of interest rates on the Group\u2019s debt, the investment of surplus cash
\n
and the management of the Group\u2019s debt facilities. The Group manages all of these exposures with an objective of remaining within
\n
covenant ratios agreed with the Group\u2019s banks, and the Group has been in compliance with its covenants during the year. These ratios are
\n
disclosed in the Glossary on page 177.
\n
Fair values
\n
The carrying value of \ufb01nancial instruments measured at amortised cost approximates their fair value.
\n\n \n
2025
2024
Level 2
Level 3
Level 2
Level 3
Financial asset
Fair value
Fair value
Fair value
Fair value
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Asset
Financial asset - derivatives
\u2212
\u2212
1.4
\u2212
Liabilities
Financial liability - derivatives
\u2212
\u2212
(1.4)
\u2212
Contingent consideration
\u2212
(4.6)
\u2212
\u2212
\n
IFRS 13 Fair Value Measurement requires that the classi\ufb01cation of \ufb01nancial instruments at fair value be determined by reference to the
\n
source of inputs used to derive the fair value. The classi\ufb01cation uses the following three-level hierarchy:
\n
Level 1:
Quoted prices (unadjusted) in active markets for identical assets or liabilities;
\n
Level 2:
Other techniques for which all inputs, which have a signi\ufb01cant effect on the recorded fair value, are observable, either directly or
\n
indirectly; and
\n
Level 3:
Techniques which use inputs, which have a signi\ufb01cant effect on the recorded fair value, that are not based on observable market data.
\n
The valuation technique used to measure the fair value of the derivatives is discounted cash \ufb02ows.
\n
There have been no transfers between levels during the year to 30 September 2025 (30 September 2024: none).
\n
Contingent consideration
\n
At 30 September 2025 there was contingent consideration payable of \u00a34.6m relating to the acquistion of RNWL Ltd (see note 31).
\n
Currency and interest rate pro\ufb01le
\n
The currency and interest rate pro\ufb01le of the Group\u2019s \ufb01nancial assets and liabilities is shown below:
\n\n \n
Financial assets
Financial liabilities
Net \ufb01nancial
Floating
Non-interest
Floating
Non-interest
(liabilities)/
rate
Fixed rate
bearing
Total
rate
Fixed rate
bearing
Total
assets
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 30 September 2025
Currency:
Sterling
15.5
\u2212
28.8
44.3
(7.4)
(296.6)
(92.9)
(396.9)
(352.6)
US Dollar
9.3
\u2212
51.3
60.6
\u2212
\u2212
(25.7)
(25.7)
34.9
Euro
1.4
\u2212
3.1
4.5
\u2212
\u2212
(1.3)
(1.3)
3.2
AUS Dollar
1.1
\u2212
2.5
3.6
\u2212
\u2212
(1.2)
(1.2)
2.4
Other
0.3
\u2212
4.0
4.3
\u2212
\u2212
(0.9)
(0.9)
3.4
Total
27.6
\u2212
89.7
117.3
(7.4)
(296.6)
(122.0)
(426.0)
(308.7)
At 30 September 2024
Currency:
Sterling
31.1
1.4
45.3
77.8
(296.2)
(1.4)
(146.8)
(444.4)
(366.6)
US Dollar
6.4
\u2212
46.1
52.5
\u2212
\u2212
(3.7)
(3.7)
48.8
Euro
0.9
\u2212
1.7
2.6
\u2212
\u2212
(4.7)
(4.7)
(2.1)
AUS Dollar
1.0
\u2212
0.9
1.9
\u2212
\u2212
(0.1)
(0.1)
1.8
Other
0.3
\u2212
3.6
3.9
\u2212
\u2212
(1.1)
(1.1)
2.8
Total
39.7
1.4
97.6
138.7
(296.2)
(1.4)
(156.4)
(454.0)
(315.3)
\n
Interest rate risk
\n
Details of the interest rates on borrowings as at 30 September 2025 are set out in note 18.
\n
At 30 September 2025 the Group had \u00a327.6m (2024: \u00a339.7m) of interest-bearing assets. Borrowings issued at variable rates expose the
\n
Group to cash \ufb02ow interest rate risk. The Group evaluates its risk appetite towards interest rate risks regularly and during 2025 \ufb01xed it\u2019s
\n
long-term borrowings via the issuance of a 6.75% 5NC2 senior unsecured bond due 2030.
At inception of the Guaranteed Note facility,
\n
interest rate swap agreements used to hedge the Group\u2019s previous variable rate EDG facility were closed out.
The Group still remains
\n
exposued to changes in cash \ufb02ows due to changes in interest rates on its RCF, however drawings on this facility are expected to be variable
\n
in nature and therefore not hedged via derivative instruments.
\n
The Group\u2019s exposure to interest rates on \ufb01nancial assets and \ufb01nancial liabilities is detailed in the liquidity risk section of this note.
\n
For the year ended 30 September 2025, if interest rates on net debt excluding lease liability had been on average 1.0% higher/lower,
\n
throughout the year, with all other variables held constant, the post-tax pro\ufb01t would have decreased/increased by \u00a30.3m (2024: \u00a30.1m).
\n
There would be no impact on equity excluding retained earnings.
\n
Impact of hedging on equity:
\n\n \n
Cash \ufb02ow
Cash \ufb02ow
hedge reserve
hedge reserve
2025
2024
\u00a3m
\u00a3m
As at 1 October
-
4.4
Change in fair value recognised in other comprehensive income
- Interest rate swaps
1.9
(4.3)
Reclassi\ufb01ed to pro\ufb01t or loss as hedged item effects pro\ufb01t or loss
(1.9)
(1.6)
Deferred tax impact
-
1.5
As at 30 September
-
-
\n
Foreign exchange risk
\n
The Group is exposed to (1) transaction foreign exchange risk arising from exchange rate \ufb02uctuations on non-functional currency trading
\n
transactions, assets and liabilities which can impact the Groups cash\ufb02ow, and (2) to translation foreign exchange risk on converting the
\n
results, assets and liabilities of foreign operations into Sterling which can have a signi\ufb01cant effect on the Group\u2019s reported pro\ufb01ts and
\n
balance sheet. The main exposure is to movements in the US Dollar against Sterling.
\n
The Group\u2019s policy for managing exchange rate risk is summarised as follows:
\n
Transaction exposure \u2013 the Group manages this by ensuring that transactions are denominated in the local functional currency of the
\n
operating units wherever possible. Where this is not possible the use of forward contracts to hedge exposure is considered if the exposure
\n
is considered material and suf\ufb01ciently reliable,
however the Group seeks to ensure that its balance sheet positions are naturally hedged
\n
wherever possible. The use of forward exchange contracts (or any other derivative \ufb01nancial instrument) is subject to authorisation by the
\n
Board.
Where possible, any any forward exchange contracts are disignated as cash \ufb02ow hedges.
\n
Translation exposure - The Group acknowledges and accepts this risk, it does not enter into forward foreign exchange or other derivative
\n
contracts to hedge foreign currency
translation of its overseas subsidaries.
\n
It is estimated that, with all other variables held equal (in particular other exchange rates), a general change of 20 percent in the value of the
\n
US Dollar against Sterling would have had the following impact on the Group\u2019s current year pro\ufb01t after tax and on retained earnings:
\n\n \n
2025 currency risks expressed in
USD/GBP
\u00a3m
Reasonable shift
20%
Impact on pro\ufb01t after tax if USD strengthens against GBP
(3.6)
Impact on pro\ufb01t after tax if USD weakens against GBP
3.6
Impact on shareholders' funds if USD strengthens against GBP
(138.6)
Impact on shareholders' funds if USD weakens against GBP
138.6
\n\n \n
2024 currency risks expressed in
USD/GBP
\u00a3m
Reasonable shift
20%
Impact on pro\ufb01t after tax if USD strengthens against GBP
(4.2)
Impact on pro\ufb01t after tax if USD weakens against GBP
4.2
Impact on shareholders' funds if USD strengthens against GBP
78.8
Impact on shareholders' funds if USD weakens against GBP
(78.8)
\n
The pro\ufb01t after tax impact re\ufb02ects the foreign exchange differences that could arise following the retranslation of balances denominated
\n
in currencies other than the functional currency of the entity to which they relate. The retained earnings impact re\ufb02ects the currency
\n
translation differences that would arise directly within other comprehensive income upon retranslation of the Group\u2019s US subsidiaries on
\n
consolidation. The method of estimation involves assessing the translation impact of the US dollar.
Liquidity risk
The Group funds the business largely from cash \ufb02ows generated from operations and long-term debt. Details of the Group\u2019s borrowings are
disclosed in note 18.
The Group monitors and manages the cash for the Group and has maintained committed banking facilities as noted above to mitigate any
liquidity risk it may face. If necessary, inter-company loans within the Group meet short-term cash needs. The following table shows the
Group\u2019s remaining contractual maturity for \ufb01nancial liabilities and derivative \ufb01nancial instruments. The table has been drawn up based
on the undiscounted cash \ufb02ows of \ufb01nancial liabilities based on the earliest date on which the Group is obliged to pay, including estimated
interest payments but excluding amortisation of bank arrangement fees:
\n \n
Less than
Between one
Between two
Between \ufb01ve
Over ten
one year
and two years
and \ufb01ve years
and ten years
years
Total
2025
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Trade payables
(27.7)
-
-
-
-
(27.7)
Lease liabilities
(6.4)
(6.0)
(11.8)
(12.6)
(0.6)
(37.4)
Contngent consideration
-
(0.2)
(4.3)
(2.4)
-
(6.9)
Other liabilities
(56.4)
-
-
-
-
(56.4)
Borrowings
(20.9)
(20.9)
(361.6)
-
-
(403.4)
Total \ufb01nancial liabilities
(111.4)
(27.1)
(377.7)
(15.0)
(0.6)
(531.8)
\n \n
Less than
Between one
Between two
Between \ufb01ve
Over ten
one year
and two years
and \ufb01ve years
and ten years
years
Total
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Trade payables
(20.6)
\u2212
\u2212
\u2212
\u2212
(20.6)
Lease liabilities
(8.4)
(6.3)
(14.3)
(13.4)
(3.0)
(45.4)
Other \ufb01nancial liabilities
(12.2)
\u2212
\u2212
\u2212
\u2212
(12.2)
Other liabilities
(101.1)
\u2212
\u2212
\u2212
\u2212
(101.1)
Financial liabilites - derivative
\u2212
(1.4)
\u2212
\u2212
\u2212
(1.4)
Borrowings
(39.1)
(67.0)
(247.3)
\u2212
\u2212
(353.4)
Total \ufb01nancial liabilities
(181.4)
(74.7)
(261.6)
(13.4)
(3.0)
(534.1)
", "dimensions": { "concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00444": { "value": "Liquidity risk
The Group funds the business largely from cash \ufb02ows generated from operations and long-term debt. Details of the Group\u2019s borrowings are
disclosed in note 18.
The Group monitors and manages the cash for the Group and has maintained committed banking facilities as noted above to mitigate any
liquidity risk it may face. If necessary, inter-company loans within the Group meet short-term cash needs. The following table shows the
Group\u2019s remaining contractual maturity for \ufb01nancial liabilities and derivative \ufb01nancial instruments. The table has been drawn up based
on the undiscounted cash \ufb02ows of \ufb01nancial liabilities based on the earliest date on which the Group is obliged to pay, including estimated
interest payments but excluding amortisation of bank arrangement fees:
\n \n
Less than
Between one
Between two
Between \ufb01ve
Over ten
one year
and two years
and \ufb01ve years
and ten years
years
Total
2025
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Trade payables
(27.7)
-
-
-
-
(27.7)
Lease liabilities
(6.4)
(6.0)
(11.8)
(12.6)
(0.6)
(37.4)
Contngent consideration
-
(0.2)
(4.3)
(2.4)
-
(6.9)
Other liabilities
(56.4)
-
-
-
-
(56.4)
Borrowings
(20.9)
(20.9)
(361.6)
-
-
(403.4)
Total \ufb01nancial liabilities
(111.4)
(27.1)
(377.7)
(15.0)
(0.6)
(531.8)
\n \n
Less than
Between one
Between two
Between \ufb01ve
Over ten
one year
and two years
and \ufb01ve years
and ten years
years
Total
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
\u00a3m
Trade payables
(20.6)
\u2212
\u2212
\u2212
\u2212
(20.6)
Lease liabilities
(8.4)
(6.3)
(14.3)
(13.4)
(3.0)
(45.4)
Other \ufb01nancial liabilities
(12.2)
\u2212
\u2212
\u2212
\u2212
(12.2)
Other liabilities
(101.1)
\u2212
\u2212
\u2212
\u2212
(101.1)
Financial liabilites - derivative
\u2212
(1.4)
\u2212
\u2212
\u2212
(1.4)
Borrowings
(39.1)
(67.0)
(247.3)
\u2212
\u2212
(353.4)
Total \ufb01nancial liabilities
(181.4)
(74.7)
(261.6)
(13.4)
(3.0)
(534.1)
", "dimensions": { "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00445": { "value": "23. ISSUED SHARE CAPITAL \n \n
2025
2024
Group and Company
No. of shares
\u00a3m
No. of shares
\u00a3m
Allotted, authorised, issued and fully paid ordinary shares of 15p each
At 1 October
112,088,026
16.8
119,077,135
17.8
Share buyback
(12,045,863)
(1.8)
(6,992,733)
(1.0)
Share incentive plan matching shares
\u2212
\u2212
3,624
\u2212
At 30 September
100,042,163
15.0
112,088,026
16.8
During the year ended 30 September 2025, 12.0m shares were bought back for consideration of \u00a395.6m (2024: 7.0m shares for
consideration of \u00a363.1m). ", "dimensions": { "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00446": { "value": "23. ISSUED SHARE CAPITAL \n \n
2025
2024
Group and Company
No. of shares
\u00a3m
No. of shares
\u00a3m
Allotted, authorised, issued and fully paid ordinary shares of 15p each
At 1 October
112,088,026
16.8
119,077,135
17.8
Share buyback
(12,045,863)
(1.8)
(6,992,733)
(1.0)
Share incentive plan matching shares
\u2212
\u2212
3,624
\u2212
At 30 September
100,042,163
15.0
112,088,026
16.8
During the year ended 30 September 2025, 12.0m shares were bought back for consideration of \u00a395.6m (2024: 7.0m shares for
consideration of \u00a363.1m). 25. RESERVES
Share premium account
\n
Share premium represents the excess of proceeds received over the nominal value of new shares issued.
\n
In order to create additional distributable reserves to provide \ufb02exibility for shareholder returns, during the prior year the total share
\n
premium reserve of Future plc of \u00a3197.0m was cancelled and credited to reserves, increasing distributable reserves by the same amount.
\n
The balance at 30 September 2025 is \u00a3nil.
\n
See \u2018Merger reserve\u2019 section below for further detail.
\n\n \n
2025
2024
Group and Company
\u00a3m
\u00a3m
At 1 October
\u2212
197.0
Share premium reduction
\u2212
(197.0)
At 30 September
\u2212
\u2212
\n
Capital redemption reserve
\n
The capital redemption reserve increased by \u00a31.8m (2024: \u00a31.0m) during the year to \u00a33.1m, being the nominal value of shares purchased
\n
and cancelled as part of the share buyback programme (see note 23 for further details).
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
1.3
1.3
0.3
0.3
Share buyback
1.8
1.8
1.0
1.0
At 30 September
3.1
3.1
1.3
1.3
\n
Merger reserve
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
109.0
\u2212
581.9
472.9
Merger reserve reduction
\u2212
\u2212
(472.9)
(472.9)
At 30 September
109.0
\u2212
109.0
\u2212
\n
In order to create additional distributable reserves to provide \ufb02exibility for shareholder returns, in FY 2024 the total value of the Future plc
\n
merger reserve of \u00a3472.9m was capitalised, with B ordinary shares issued at a total nominal value equal to \u00a3472.9m, then cancelled and
\n
extinguished, with \u00a3472.9m credited to retained earnings, increasing distributable reserves by the same amount.
\n
An amount of \u00a3109.0m in the merger reserve arose following the 1999 Group reorganisation and is non-distributable.
Treasury reserve
\n
The treasury reserve represents the cost of shares in Future plc purchased in the market and held by the Employee Bene\ufb01t Trust (\u2018EBT\u2019) to
\n
satisfy awards made by the trustees.
\n\n \n
Restated
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
10.9
10.9
15.3
15.3
Acquisition of own shares
7.0
7.0
\u2212
\u2212
Issue of treasury shares to employees from employees bene\ufb01t trust
(7.4)
(7.4)
(4.4)
(4.4)
At 30 September
10.5
10.5
10.9
10.9
\n
During the year, 623,388 (2024: 286,795) of the shares held by the EBT were used to satisfy the vesting of share options and 997,375
\n
shares were purchased to fund the future vesting of share options (2024: nil). The issuance of treasury shares to employees relates to the
\n
settlement of PSP awards exercised in the year.
\n
The Company has amended the presentation of the amounts relating to the EBT in the period, with the outstanding shares transferred to
\n
the EBT but not yet awarded previously being presented as trade and other receivables. The acquired shares have now been included within
\n
a treasury reserve in equity to appropriately re\ufb02ect the transaction. Consequently, the Company balance sheet as at 30 September 2024
\n
has been restated without any impact on the result of the period or distributable reserves. The prior year restatement of the Company
\n
balance sheet and statement of changes in equity results in a reduction of non-current trade and other receivables of \u00a35.3m, current trade
\n
and other receivables of \u00a35.6m, and recognition in the treasury reserve of \u00a310.9m.
\n
Cash \ufb02ow hedge reserve
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
\u2212
\u2212
4.4
4.4
Interest rate swaps
\u2212
\u2212
(5.9)
(5.9)
Deferred tax on interest rate swaps
\u2212
\u2212
1.5
1.5
At 30 September
\u2212
\u2212
\u2212
\u2212
\n
During 2023 the Group entered into interest rate swaps, in order to hedge against \ufb02uctuations in interest rates. The cash \ufb02ow hedge
\n
reserve represents the cumulative amount of gains and losses on the interest rate swap deemed effective.
\n
Accumulated exchange differences
\n
The reserve for accumulated exchange differences comprises the revaluation of the Group\u2019s foreign currency, principally on the US and
\nAustralian entities, on consolidation. ", "dimensions": { "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00449": { "value": "24. SHARE-BASED PAYMENTS
The income statement charge for the year for share-based payments (and related social security costs) was \u00a35.5m (2024: \u00a39.2m). This
\n
charge has been included within net operating expenses.
\n
These charges arise when employees are granted awards under the Group\u2019s share option schemes, the Value Creation Plan (VCP),
\n
Performance Share Plan (PSP), Deferred Annual Bonus Scheme (DABS), Share Incentive Plan (SIP) or Employee Stock Purchase Plan
\n
(ESPP) and when employees are granted awards by the trustees of The Future plc Employee Bene\ufb01t Trust (EBT). The charge equates to
\n
the fair value of the award and has been calculated using the Monte Carlo and Black-Scholes models, using the most appropriate model for
\n
each scheme. Assumptions have been made in these models for expected volatility, risk-free rates and dividend yields.
\n
A reconciliation of movements in the number of options awarded under the PSP and DABS is shown below:
\n\n \n
2025
2024
Number of options/
Number of options/
awards
awards
Outstanding at 1 October
2,920,937
1,392,757
Granted
1,004,057
2,164,670
Share awards exercised
(580,269)
(256,138)
Cancelled
(669,305)
(380,352)
Outstanding at 30 September
2,675,420
2,920,937
Exercisable at 30 September
158,120
536,076
\n
The weighted average share price at the date of exercise of share options and other share incentive awards during the year was \u00a38.963
\n
(2024: \u00a38.313). A reconciliation of movements in the number of options awarded under the VCP is shown below:
\n\n \n
2024
2025
Number of options/
Number of options/awards
awards
Outstanding at 1 October
1,076,316
1,772,308
Cancelled
(1,076,316)
(695,992)
Outstanding at 30 September
\u2212
1,076,316
\n
The third VCP tranche lapsed on 30 September 2025, there are no units outstanding (2024: 1,960,000). Further details regarding the rules
\n
of the scheme can be found on page 165.
For options outstanding under the PSP and DABS at 30 September the weighted average exercise prices and remaining contractual lives
\n
are as follows:
\n\n \n
Weighted average remaining
Number of options/awards
contractual life in years
2025
2024
2025
2024
PSP
November 2018
\u2212
51,537
\u2212
\u2212
May 2019
\u2212
14,149
\u2212
\u2212
November 2019
15,000
100,709
\u2212
\u2212
February 2020
7,500
7,500
\u2212
\u2212
July 2020
7,500
10,000
\u2212
\u2212
February 2021
15,347
17,639
\u2212
\u2212
March 2021
1,250
1,250
\u2212
\u2212
May 2021
4,000
9,500
\u2212
\u2212
July 2022
\u2212
1,805
\u2212
1
September 2022
45,884
321,987
\u2212
1
October 2022
7,000
13,000
\u2212
\u2212
December 2022
15,000
15,000
\u2212
\u2212
February 2023
9,000
30,000
\u2212
1
April 2023
12,647
12,647
\u2212
1
May 2023
\u2212
79,545
1
2
October 2023
14,500
114,006
1
2
December 2023 (2 year)
573,605
699,426
\u2212
1
December 2023 (3 year)
810,871
1,233,477
1
2
March 2024
66,106
66,106
1
2
May 2024
7,280
7,280
2
3
June 2024
1,910
1,910
1
2
July 2024
2,506
2,506
2
3
September 2024
36,465
36,465
2
3
December 2024 (1 year)
31,829
\u2212
1
\u2212
December 2024 (2 year)
17,678
\u2212
2
\u2212
December 2024 (3 year)
830,053
\u2212
3
\u2212
May 2025 (1 year)
3,748
\u2212
1
\u2212
May 2025 (2 year)
7,978
\u2212
2
\u2212
May 2025 (3 year)
78,703
\u2212
3
\u2212
DABS
November 2015
2,663
2,663
\u2212
\u2212
February 2022
\u2212
19,993
\u2212
\u2212
December 2022
15,329
50,837
\u2212
1
December 2024
34,068
\u2212
2
\u2212
Total outstanding at 30 September
2,675,420
2,920,937
\n
The weighted average exercise price for share options outstanding (as well as those granted, exercised or cancelled during the year) at 30
\n
September 2025 is \u00a3nil (2024: \u00a3nil).
The fair value per share for grants made under the PSP during the year and the assumptions used in the calculation are as follows:
\n\n \n
2025
Grant date
12 Dec 2024
12 Dec 2024
12 Dec 2024
21 May 2025
21 May 2025
21 May 2025
21 May 2025
Share price at grant
\u00a39.90
\u00a39.90
\u00a39.90
\u00a36.67
\u00a36.67
\u00a36.67
\u00a36.67
date
Exercise price
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
Vesting period (years)
1
2
3
1
1.5
2.5
3
Expected volatility\u00b2
57.24%
57.24%
57.24%
57.24%
Option life (years)
1
2
3
1
2
3
3
Expected life (years)
1
2
3
1
2
3
3
Risk-free rate
\u2212
\u2212
4.02%
\u2212
4.02%
4.02%
4.02%
Dividend yield
\u2212
\u2212
0.38%
\u2212
0.38%
0.38%
0.38%
Fair value\u00b2
\u00a39.90
\u00a39.90
\u00a39.23
\u00a36.67
\u00a36.67
\u00a36.67
\u00a36.67
Fair value - TSR
\u2212
\u2212
\u00a36.55
\u2212
\u00a36.55
\u00a36.55
\u00a36.55
element\u00b2
Fair value - Non market-
\u00a39.90
\u00a39.90
\u00a39.90
\u00a36.67
\u00a36.67
\u00a36.67
\u00a36.67
based element
\n\n \n
2024
Grant date
11 Oct 2023
31 Oct 2023 21 Dec 2023 21 Dec 2023
1 Mar 2024 18 Mar 2024 18 Mar 2024 17 May 2024
5 Jun 2024
11 Jul 2024 19 Sep 2024 19 Sep 2024 19 Sep 2024
Share price at
\u00a39.24
\u00a38.85
\u00a37.59
\u00a37.59
\u00a36.34
\u00a35.99
\u00a35.99
\u00a310.24
\u00a311.41
\u00a311.03
\u00a310.45
\u00a310.45
\u00a310.45
grant date
Exercise price
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
Vesting period
3
2
2
3
3
2
3
3
2.5
3
1
2
3
(years)
Expected
31.84%
31.84%
31.84%
31.84%
31.84%
31.84%
31.84%
volatility\u00b2
Option life
3
2
2
3
3
2
3
3
2.5
3
1
2
3
(years)
Expected life
3
2
2
3
3
2
3
3
2.5
3
1
2
3
(years)
Risk-free rate
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
Dividend yield
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
\u2212
Fair value\u00b2
\u00a39.24
\u00a38.85
\u00a37.59
\u00a36.04
\u00a35.42
\u00a35.24
\u00a35.24
\u00a37.37
\u00a37.45
\u00a37.45
\u00a310.45
\u00a310.45
\u00a310.45
Fair value - TSR
\u2212
\u2212
\u2212
\u00a34.49
\u00a34.49
\u00a34.49
\u00a34.49
\u00a34.49
\u00a34.49
\u00a34.49
\u2212
\u2212
\u2212
element\u00b2
Fair value - Non
market-based
\u00a39.24
\u00a38.85
\u00a37.59
\u00a37.59
\u00a36.34
\u00a35.99
\u00a35.99
\u00a310.24
\u00a311.41
\u00a311.03
\u00a310.45
\u00a310.45
\u00a310.45
element
\n
Notes:
\n
1.
The expected volatility is based on Future\u2019s historical volatility, averaged over a period equal to the expected life, where possible.
\n
2. The Group has used the Black-Scholes model to value instruments with non-market-based performance criteria such as earnings per share. For instruments with market-based performance
\n
criteria, notably TSR and share price performance, the Group has used a Monte Carlo model to determine the fair value.
\n
3. 50% of PSP grants which have market-based performance criteria have been valued using a Monte Carlo model.
\n
4. 50% of PSP grants which have non-market based performance criteria have been valued using a Black-Scholes model.
\n
There were no new grants made for the VCP scheme during the FY 2025 year. For FY 2024 the fair value per share for grants made under
\n
the VCP during the year was nil.
\n
V
alue Creation Plan (VCP)
\n
The VCP was launched in FY 2021. The VCP comprised three equal tranches, based on performance measured over three periods, from 1
\n
October 2020 to: 30 September 2023; 30 September 2024; and 30 September 2025.
\n
The plan was designed to align the interests of Future employees and shareholders, by incentivising the delivery of exceptional shareholder
\n
returns over the long-term. To the extent that performance exceeded the hurdle on a measurement date, participants would have shared
\n
3.33% of the shareholder value created above the hurdle, subject to an overall cap of \u00a395m per tranche. Total units awarded were 980,000 per
\n
tranche, of which a small pool was reserved for future hires and promotions. Units vested based on value created in terms of \u00a3 TSR, being the
\n
growth in Future\u2019s market capitalisation plus net equity cash \ufb02ows to shareholders (i.e. dividends plus share buybacks, less share issues), over
\n
and above a hurdle rate of return of 10% per annum.
Future\u2019s starting market capitalisation was based on the spot closing price of a share on 30 September 2020 of \u00a319.42. Value created at each
\n
measurement date was calculated with reference to the average closing return index over the three months ending on that date. To the extent
\n
that performance did not exceed the hurdle on a measurement date, the relevant tranche lapsed in full, immediately. There was no retesting
\n
allowed. All three tranches of the VCP scheme have lapsed in full at 30 September 2025.
\n
Grants were made under the VCP in April 2021, June 2021, January 2022, February 2022, May 2022, July 2022, October 2022, December 2022
\n
and February 2023.
\n
There will be no further grants under the VCP scheme.
\n
Performance Share Plan (PSP)
\n
The PSP is a share-based incentive scheme open to the Executive Directors and certain other key employees and \u2018rising stars\u2019, usually based
\n
on a percentage of the participant\u2019s salary. Awards under this scheme are subject to stretching performance criteria measured against a
\n
combination of Adjusted Diluted Earnings Per Share (\u201cEPS\u201d), and Total Shareholder Return (\u201dTSR\u201d) (in prior years, share price) performance,
\n
depending on the date of grant. Unless the Remuneration Committee decides otherwise at the date of grant, awards will vest three years after
\n
the date of grant subject to the participant\u2019s continued employment within the Group and achievement of the following performance criteria.
\n
Performance criteria in respect of awards granted during the year ended 30 September 2020:
\n
Performance metrics are weighted 50% on the Group\u2019s adjusted EPS and 50% on the Company\u2019s TSR. The threshold entry point of 25%
\n
vesting for the EPS element requires a 7% CAGR, with 100% vesting at 16% CAGR. The threshold entry point of 25% vesting for the TSR
\n
element requires 6% CAGR, with 100% vesting at 15% CAGR. Vesting will be on a straight line basis between the threshold and maximum for
\n
both elements.
\n
Performance criteria in respect of awards granted during the year ended 30 September 2021:
\n
Performance metrics are weighted 50% on the Group\u2019s adjusted EPS and 50% on the Company\u2019s TSR. The threshold entry point of 25%
\n
vesting for the EPS element requires a 7% CAGR, with 100% vesting at 23% CAGR. The threshold entry point of 25% vesting for the TSR
\n
element requires 6% CAGR, with 100% vesting at 15% CAGR. Vesting will be on a straight line basis between the threshold and maximum for
\n
both elements.
\n
The award made in May 2021 is not subject to performance conditions.
\n
Performance criteria in respect of awards granted during the year ended 30 September 2022:
\n
Performance metrics are weighted 100% on the Group\u2019s adjusted EPS. The threshold entry point of 25% vesting for the EPS element requires
\n
a 6% CAGR, with 100% vesting at 12% CAGR. Vesting will be on a straight line basis between the threshold and maximum. One of the awards
\n
made in July 2022 is not subject to performance conditions. The performance metric for the other award made in July 2022 are weighted 50%
\n
on the Group\u2019s adjusted EPS and 50% on the Company\u2019s TSR. The threshold entry point of 25% vesting for the EPS element requires a 5%
\n
CAGR, with 100% vesting at 12% CAGR. The threshold entry point of 25% vesting for the TSR element requires 5% CAGR, with 100% vesting
\n
at 15% CAGR. Vesting will be on a straight line basis between the threshold and maximum for both elements. The performance metric for the
\n
award made in September 2022 is 100% weighted to the Group\u2019s adjusted EPS. The threshold entry point of 25% vesting for the EPS element
\n
requires an adjusted diluted EPS of 86.5p, with 100% vesting at an adjusted diluted EPS of 104.9p or above.
\n
Performance criteria in respect of awards granted during the year ended 30 September 2023:
\n
The performance metrics for the awards made in February, May and August 2023 are weighted 50% on the Group\u2019s adjusted diluted EPS and
\n
50% on the Company\u2019s TSR. The threshold entry point of 25% vesting for the EPS element requires a 2.5% CAGR, with 100% vesting at 7%
\n
CAGR. The threshold entry point of 25% vesting for the TSR element requires 2.5% CAGR, with 100% vesting at 7% CAGR. Vesting will be on a
\n
straight line basis between the threshold and maximum for both elements.
\n
Performance criteria in respect of awards granted during the year ended 30 September 2024:
\n
The performance metrics for the awards made in FY 2024 are weighted 40% on the Group\u2019s Relative TSR, 30% on adjusted diluted EPS and
\n
30% on organic revenue growth. The threshold entry point of 25% vesting for the Relative TSR element requires a 50th percentile ranking within
\n
the comparator group, with 100% vesting at the 75th percentile. The threshold entry point of 25% vesting for the adjusted diluted EPS element
\n
requires 3% CAGR, with 100% vesting at 8% CAGR. The threshold entry point of 25% vesting for the organic revenue growth element requires
\n
1.5% growth over the performance period, with 100% vesting at 5% growth. Vesting will be on a straight line basis between the threshold and
\n
maximum for all elements.
\n
Performance criteria in respect of awards granted during the year ended 30 September 2025:
\n
The performance metrics for the awards made in FY 2025 are weighted 40% on the Group\u2019s Relative TSR, 30% on adjusted diluted EPS and
\n
30% on organic revenue growth. The threshold entry point of 25% vesting for the Relative TSR element requires a 50th percentile ranking within
\n
the comparator group, with 100% vesting at the 75th percentile. The threshold entry point of 25% vesting for the adjusted diluted EPS element
\n
requires 3% CAGR, with 100% vesting at 8% CAGR. The threshold entry point of 25% vesting for the organic revenue growth element requires
\n
1.5% growth over the performance period, with 100% vesting at 5% growth. Vesting will be on a straight line basis between the threshold and
\n
maximum for all elements.
\n
Grants were made under the PSP in November 2018, March 2019, May 2019, June 2019, August 2019, November 2019, February 2020, June 2020,
\n
July 2020, September 2020, February 2021, March 2021, May 2021, July 2022, September 2022, October 2022, December 2022, February 2023, April
\n
2023, May 2023, October 2023, December 2023, March 2024, May 2024, June 2024, July 2024, September 2024, December 2024 and May 2025.
Deferred Annual Bonus Scheme (DABS)
\n
The DABS is a share-based incentive scheme open to the Executive Directors and certain managers across the Group. The maximum value of any
\n
shares granted under the DABS to any one participant will be an amount which is equal to a \ufb01xed percentage of that eligible participant\u2019s annual bonus
\n
for the previous \ufb01nancial year. The number of shares over which an award is to be granted to each participant will usually be calculated by reference to
\n
the market value of an Ordinary share in the Company on the date of the award. No annual bonus will be paid for the year ending 30 September 2025.
\n
See page XXX of the Directors\u2019 Remuneration Report for further detail. The last grant made under the DABS was in December 2024.
\n
Share Incentive Plan (SIP)
\n
The SIP is open to all UK employees including the Executive Directors. It is a tax ef\ufb01cient incentive plan pursuant to which employees are eligible to
\n
acquire up to \u00a3150 (or 10% of salary, if less) worth of Ordinary shares in the Company per month or \u00a31,800 per annum. Under the SIP, employees are
\n
invited to subscribe for Partnership shares via salary deductions. If an employee agrees to buy Partnership shares the Company currently matches
\n
the number of Partnership shares bought with an award of Matching shares on the basis of one Matching share for every four Partnership shares.
\n
Matching share awards to date have been met by the issue of Ordinary shares or transfers from the Employee Bene\ufb01t Trust to JP Morgan Workplace
\n
Solutions, formerly Global Shares, as Trustee of the SIP.
\n
Employee Stock Purchase Plan (ESPP)
\n
The Future plc Employee Stock Purchase Plan commenced in FY 2021 and is open to all employees who are employed and resident in the US. The
\n
ESPP is a tax favourable plan pursuant to which employees can save between 1% and 10% of salary (capped at $25,000 in any one calandar year)
\nover a six month savings period, the savings from which are used for purchases of Ordinary shares in the Company at a 15% discount. ", "dimensions": { "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00447": { "value": "25. RESERVES
Share premium account
\n
Share premium represents the excess of proceeds received over the nominal value of new shares issued.
\n
In order to create additional distributable reserves to provide \ufb02exibility for shareholder returns, during the prior year the total share
\n
premium reserve of Future plc of \u00a3197.0m was cancelled and credited to reserves, increasing distributable reserves by the same amount.
\n
The balance at 30 September 2025 is \u00a3nil.
\n
See \u2018Merger reserve\u2019 section below for further detail.
\n\n \n
2025
2024
Group and Company
\u00a3m
\u00a3m
At 1 October
\u2212
197.0
Share premium reduction
\u2212
(197.0)
At 30 September
\u2212
\u2212
\n
Capital redemption reserve
\n
The capital redemption reserve increased by \u00a31.8m (2024: \u00a31.0m) during the year to \u00a33.1m, being the nominal value of shares purchased
\n
and cancelled as part of the share buyback programme (see note 23 for further details).
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
1.3
1.3
0.3
0.3
Share buyback
1.8
1.8
1.0
1.0
At 30 September
3.1
3.1
1.3
1.3
\n
Merger reserve
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
109.0
\u2212
581.9
472.9
Merger reserve reduction
\u2212
\u2212
(472.9)
(472.9)
At 30 September
109.0
\u2212
109.0
\u2212
\n
In order to create additional distributable reserves to provide \ufb02exibility for shareholder returns, in FY 2024 the total value of the Future plc
\n
merger reserve of \u00a3472.9m was capitalised, with B ordinary shares issued at a total nominal value equal to \u00a3472.9m, then cancelled and
\n
extinguished, with \u00a3472.9m credited to retained earnings, increasing distributable reserves by the same amount.
\n
An amount of \u00a3109.0m in the merger reserve arose following the 1999 Group reorganisation and is non-distributable.
\n
Treasury reserve
\n
The treasury reserve represents the cost of shares in Future plc purchased in the market and held by the Employee Bene\ufb01t Trust (\u2018EBT\u2019) to
\n
satisfy awards made by the trustees.
\n\n \n
Restated
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
10.9
10.9
15.3
15.3
Acquisition of own shares
7.0
7.0
\u2212
\u2212
Issue of treasury shares to employees from employees bene\ufb01t trust
(7.4)
(7.4)
(4.4)
(4.4)
At 30 September
10.5
10.5
10.9
10.9
\n
During the year, 623,388 (2024: 286,795) of the shares held by the EBT were used to satisfy the vesting of share options and 997,375
\n
shares were purchased to fund the future vesting of share options (2024: nil). The issuance of treasury shares to employees relates to the
\n
settlement of PSP awards exercised in the year.
\n
The Company has amended the presentation of the amounts relating to the EBT in the period, with the outstanding shares transferred to
\n
the EBT but not yet awarded previously being presented as trade and other receivables. The acquired shares have now been included within
\n
a treasury reserve in equity to appropriately re\ufb02ect the transaction. Consequently, the Company balance sheet as at 30 September 2024
\n
has been restated without any impact on the result of the period or distributable reserves. The prior year restatement of the Company
\n
balance sheet and statement of changes in equity results in a reduction of non-current trade and other receivables of \u00a35.3m, current trade
\n
and other receivables of \u00a35.6m, and recognition in the treasury reserve of \u00a310.9m.
\n
Cash \ufb02ow hedge reserve
\n\n \n
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
\u2212
\u2212
4.4
4.4
Interest rate swaps
\u2212
\u2212
(5.9)
(5.9)
Deferred tax on interest rate swaps
\u2212
\u2212
1.5
1.5
At 30 September
\u2212
\u2212
\u2212
\u2212
\n
During 2023 the Group entered into interest rate swaps, in order to hedge against \ufb02uctuations in interest rates. The cash \ufb02ow hedge
\n
reserve represents the cumulative amount of gains and losses on the interest rate swap deemed effective.
\n
Accumulated exchange differences
\n
The reserve for accumulated exchange differences comprises the revaluation of the Group\u2019s foreign currency, principally on the US and
\nAustralian entities, on consolidation. ", "dimensions": { "concept": "ifrs-full:DisclosureOfReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00448": { "value": "Treasury reserve
The treasury reserve represents the cost of shares in Future plc purchased in the market and held by the Employee Bene\ufb01t Trust (\u2018EBT\u2019) to
\n
satisfy awards made by the trustees.
\n\n \n
Restated
Group
Company
Group
Company
2025
2025
2024
2024
\u00a3m
\u00a3m
\u00a3m
\u00a3m
At 1 October
10.9
10.9
15.3
15.3
Acquisition of own shares
7.0
7.0
\u2212
\u2212
Issue of treasury shares to employees from employees bene\ufb01t trust
(7.4)
(7.4)
(4.4)
(4.4)
At 30 September
10.5
10.5
10.9
10.9
\n
During the year, 623,388 (2024: 286,795) of the shares held by the EBT were used to satisfy the vesting of share options and 997,375
\n
shares were purchased to fund the future vesting of share options (2024: nil). The issuance of treasury shares to employees relates to the
\n
settlement of PSP awards exercised in the year.
\n
The Company has amended the presentation of the amounts relating to the EBT in the period, with the outstanding shares transferred to
\n
the EBT but not yet awarded previously being presented as trade and other receivables. The acquired shares have now been included within
\n
a treasury reserve in equity to appropriately re\ufb02ect the transaction. Consequently, the Company balance sheet as at 30 September 2024
\n
has been restated without any impact on the result of the period or distributable reserves. The prior year restatement of the Company
\n
balance sheet and statement of changes in equity results in a reduction of non-current trade and other receivables of \u00a35.3m, current trade
\nand other receivables of \u00a35.6m, and recognition in the treasury reserve of \u00a310.9m.", "dimensions": { "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00450": { "value": "27. COMMITMENTS, CONTINGENT LIABILITIES, CONTRACT LIABILITIES AND DEFERRED INCOME
(a) Operating lease commitments
Future minimum sub-lease receipts expected for the Group under non-cancellable operating subleases at 30 September 2025 total \u00a33.5m
(2024: \u00a32.4m), for the Company \u00a3nil (2024: \u00a3nil).
During the year, \u00a30.1m was recognised in the income statement in respect of operating lease rental payments for short-term and low-value
leases (2024: \u00a30.1m), and \u00a30.8m (2024: \u00a31.1m) was recognised in respect of sub-lease receipts.
The Group also leases equipment under non-cancellable operating lease agreements.
(b) Contingent liabilities
There were no material contingent liabilities for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(c) Capital commitments
There were no material capital commitments for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(d) Contract liabilities
At 30 September 2025, the Group recognised \u00a310.1m of contract liabilities in relation to subscription liabilities due after more than 1 year
(2024:
\u00a310.3m).
(e) Deferred income
During the year ended 30 September 2025, \u00a360.2m of deferred income recorded at 30 September 2024 (2024: \u00a358.5m) was
recognised in revenue. Deferred income in FY 2025 and FY 2024 related to deferred subscription revenue due within 1 year which
reduced by \u00a33.8m in FY 2025 due to a decrease in recurring subscriptions. The balance held at 30 September 2025 was \u00a356.4m (FY
2024: \u00a360.2m).", "dimensions": { "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00451": { "value": "27. COMMITMENTS, CONTINGENT LIABILITIES, CONTRACT LIABILITIES AND DEFERRED INCOME
(a) Operating lease commitments
Future minimum sub-lease receipts expected for the Group under non-cancellable operating subleases at 30 September 2025 total \u00a33.5m
(2024: \u00a32.4m), for the Company \u00a3nil (2024: \u00a3nil).
During the year, \u00a30.1m was recognised in the income statement in respect of operating lease rental payments for short-term and low-value
leases (2024: \u00a30.1m), and \u00a30.8m (2024: \u00a31.1m) was recognised in respect of sub-lease receipts.
The Group also leases equipment under non-cancellable operating lease agreements.
(b) Contingent liabilities
There were no material contingent liabilities for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(c) Capital commitments
There were no material capital commitments for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(d) Contract liabilities
At 30 September 2025, the Group recognised \u00a310.1m of contract liabilities in relation to subscription liabilities due after more than 1 year
(2024:
\u00a310.3m).
(e) Deferred income
During the year ended 30 September 2025, \u00a360.2m of deferred income recorded at 30 September 2024 (2024: \u00a358.5m) was
recognised in revenue. Deferred income in FY 2025 and FY 2024 related to deferred subscription revenue due within 1 year which
reduced by \u00a33.8m in FY 2025 due to a decrease in recurring subscriptions. The balance held at 30 September 2025 was \u00a356.4m (FY
2024: \u00a360.2m).", "dimensions": { "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00452": { "value": "27. COMMITMENTS, CONTINGENT LIABILITIES, CONTRACT LIABILITIES AND DEFERRED INCOME
(a) Operating lease commitments
Future minimum sub-lease receipts expected for the Group under non-cancellable operating subleases at 30 September 2025 total \u00a33.5m
(2024: \u00a32.4m), for the Company \u00a3nil (2024: \u00a3nil).
During the year, \u00a30.1m was recognised in the income statement in respect of operating lease rental payments for short-term and low-value
leases (2024: \u00a30.1m), and \u00a30.8m (2024: \u00a31.1m) was recognised in respect of sub-lease receipts.
The Group also leases equipment under non-cancellable operating lease agreements.
(b) Contingent liabilities
There were no material contingent liabilities for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(c) Capital commitments
There were no material capital commitments for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(d) Contract liabilities
At 30 September 2025, the Group recognised \u00a310.1m of contract liabilities in relation to subscription liabilities due after more than 1 year
(2024:
\u00a310.3m).
(e) Deferred income
During the year ended 30 September 2025, \u00a360.2m of deferred income recorded at 30 September 2024 (2024: \u00a358.5m) was
recognised in revenue. Deferred income in FY 2025 and FY 2024 related to deferred subscription revenue due within 1 year which
reduced by \u00a33.8m in FY 2025 due to a decrease in recurring subscriptions. The balance held at 30 September 2025 was \u00a356.4m (FY
2024: \u00a360.2m).", "dimensions": { "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00453": { "value": "27. COMMITMENTS, CONTINGENT LIABILITIES, CONTRACT LIABILITIES AND DEFERRED INCOME
(a) Operating lease commitments
Future minimum sub-lease receipts expected for the Group under non-cancellable operating subleases at 30 September 2025 total \u00a33.5m
(2024: \u00a32.4m), for the Company \u00a3nil (2024: \u00a3nil).
During the year, \u00a30.1m was recognised in the income statement in respect of operating lease rental payments for short-term and low-value
leases (2024: \u00a30.1m), and \u00a30.8m (2024: \u00a31.1m) was recognised in respect of sub-lease receipts.
The Group also leases equipment under non-cancellable operating lease agreements.
(b) Contingent liabilities
There were no material contingent liabilities for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(c) Capital commitments
There were no material capital commitments for the Group or the Company as at 30 September 2025 (2024: \u00a3nil).
(d) Contract liabilities
At 30 September 2025, the Group recognised \u00a310.1m of contract liabilities in relation to subscription liabilities due after more than 1 year
(2024:
\u00a310.3m).
(e) Deferred income
During the year ended 30 September 2025, \u00a360.2m of deferred income recorded at 30 September 2024 (2024: \u00a358.5m) was
recognised in revenue. Deferred income in FY 2025 and FY 2024 related to deferred subscription revenue due within 1 year which
reduced by \u00a33.8m in FY 2025 due to a decrease in recurring subscriptions. The balance held at 30 September 2025 was \u00a356.4m (FY
2024: \u00a360.2m).", "dimensions": { "concept": "ifrs-full:DisclosureOfDeferredIncomeExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00454": { "value": "28. RELATED PARTY TRANSACTIONS
The Group had no material transactions with related parties in 2025 or 2024 which might reasonably be expected to in\ufb02uence decisions
made by users of these \ufb01nancial statements.
During the year, the Company had net management fees and recharges receivable of \u00a30.8m (2024: receivable of \u00a30.9m) from subsidiary
undertakings. The outstanding balance owed at 30 September 2025 was \u00a31.7m (2024: \u00a30.9m).
No individuals other than the Directors meet the de\ufb01nition of key management personnel. Details of key management personnel
compensation are set out note 6.", "dimensions": { "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00455": { "value": "29. SUBSIDIARY UNDERTAKINGS
Details of the Company\u2019s subsidiaries at 30 September 2025 are set out below. All subsidiaries are included in the consolidation. Shares of
\n
those companies marked with an * are indirectly owned by Future plc through an intermediate holding company.
\n\n \n
Country of incorporation
Company name and registered number
and registered of\ufb01ce
Nature of business
Holding %
Class of shares
ActualTech Marketing, LLC* 460984715
USA\u00b9\u2070
Content marketing solutions
100
$1 Ordinary shares
Barcroft Media Limited* 4826405
England and Wales\u00b9
Non-trading
100
\u00a31 Ordinary shares
Broadleaf Bidco Limited* 11473951
England and Wales\u00b9
Holding company
100
\u00a30.001 Ordinary shares
Broadleaf Holdco Limited* 11473888
England and Wales\u00b9
Holding company
100
\u00a30.001 Ordinary shares
Broadleaf Midco Limited* 11473807
England and Wales\u00b9
Holding company
100
\u00a30.001 Ordinary shares
\u00a30.001 A1 Ordinary shares
\u00a30.001 A2 Ordinary shares
Broadleaf Newco 2 Limited* 13435883
England and Wales\u00b9
Holding company
100
\u00a30.001 B1 Ordinary shares
\u00a30.001 B2 Ordinary shares
Broadleaf US Bidco Inc* 6982422
USA\u00b9\u00b9
Holding company
100
$0.01 Ordinary shares
Circlesix Media Inc* 5904231
USA\u00b9\u2074
Non-trading
100
$0.01 Ordinary shares
$0.00001 Ordinary shares
Series A Preferred Stock
of $1.0000
Clique Brands Inc* 5168252
USA\u00b9\u00b2
Publishing
100
Series B Preferred Stock of
$4.3550
Series C Preferred Stock of
$7.4560
Comary, Inc* 2400371
USA\u00b9\u00b9
Publishing
100
Not applicable
Dennis Interactive Inc* 1827502
USA\u00b9\u2074
Non-trading
100
$20 Ordinary shares
Dennis Publishing Limited* 1138891
England and Wales\u00b9
Non-trading
100
\u00a31 Ordinary shares
Future Holdings 2002 Limited 4387886
England and Wales\u00b9
Holding company
100
\u00a31 Ordinary shares
Future UK Finance Limited* 13651021
England and Wales\u00b9
Non-trading
100
\u00a31 Ordinary shares
Future Publishing Limited* 2008885
England and Wales\u00b9
Publishing
100
10 pence Ordinary shares
Future Publishing Australia Pty Limited ACN 658 563 252
Australia\u00b3
Publishing
100
AUD $1 Ordinary shares
Future Publishing (Overseas) Limited* 6202940
England and Wales\u00b9
Publishing
100
\u00a31 Ordinary shares
Future Publishing Holdings Limited* 3430449
England and Wales\u00b9
Holding company
87.5
1 pence Ordinary shares
Gardening Know How* 201355
USA\u00b9\u2070
Non-trading
100
$1 Ordinary shares
GoCo Group Limited* 6062003
England and Wales\u00b2
Non-trading
100
\u00a30.0002 Ordinary shares
GoCompare.com Limited* 05799376
England and Wales\u00b2
Price comparison website
100
\u00a31 Ordinary shares
GoCompare.com Finance Limited* 10227007
England and Wales\u00b2
Non-trading
100
\u00a30.0002 Ordinary shares
Marketforce (U.K.) Limited* 00499150
England and Wales\u00b9
Dormant
100
\u00a31 Ordinary shares
Mozo Pty Limited* ACN 128199208
Australia\u00b3
Comparison shopping
100
AUD $1 Ordinary shares
RNWL LTD* 12091439
England and Wales\u00b2
Digital insurance wallet
100
\u00a30.01 Ordinary shares
Sapphire Bidco Limited* 11157309
England and Wales\u00b9
Non-trading
100
\u00a31 Ordinary shares
Sarracenia Limited* 0458289
England and Wales\u00b9
Dormant
100
\u00a31 Ordinary shares
\u00a30.0025 Ordinary shares
\u00a30.0025 Ordinary B shares
Sport Insights Media Ltd* 12708129
England and Wales\u00b9
Non-trading
100
\u00a30.0025 Ordinary C shares
\u00a30.01 Ordinary D shares
$10 A Ordinary shares
The Kiplinger Washington Editors Inc* 434902
USA\u00b9\u00b9
Publishing
100
$10 B Ordinary shares
USA\u00b9\u00b9
Publishing
100
$0.01 Ordinary shares
This is the Big Deal, Inc* 6690977
USA\u00b9\u00b3
Holding company
100
Not applicable
This is the Big Deal Limited* 8867458
England and Wales\u00b2
Energy auto switching service
100
\u00a30.000015625 Ordinary shares
Next Commerce Pty Limited* 113146786
Australia\u00b3
Comparison shopping
100
$1 Ordinary shares
Future Creative Media Canada Limited* BC1198396
Canada\u2074
Digital media publishing
100
Not applicable
\n \n
Future Publishing s.r.o.* 09393951
Czech Republic\u2075
Non-trading
100
CZK 1 Ordinary shares
Future Technologies Sarl* 84138050400016
France\u2076
Non-trading
100
Not applicable
Windsor Support Services Private Limited* U74999DL2011FTC217990
India\u2077
Dormant
100
Rand 10 equity shares
Next Commerce Philippines Inc* CS201517783
Philippines\u2078
Dormant
100
\u20b1 Ordinary shares
Future US, LLC* 1513070
USA\u00b9\u2070
Publishing
100
Not applicable
Future US Holdings, Inc* 6260582
USA\u2079
Holding company
100
Not applicable
Future B2B LLC 3253770
USA\u00b9\u2070
Publishing
100
$1 Ordinary shares
Future B2B Limited* 15195757
England and Wales\u00b9
Publishing
100
\u00a31 Ordinary shares
1
Registered office: Quay House, The Ambury, Bath, BA1 1UA, England
2
Registered office: Suite 2a, Hodge House Street, Cardiff, CF101DY, Wales
3
Registered office: Registered office: Level 10, 89
York Street, Sydney, NSW 2000, Australia
4
Registered office: 1800-355 St Burrard, Vancouver Colombie Britannique V6C2G8, Canada
5
Registered office: Hole\u010dkova 100/9, Sm\u00edchov, 150 00 Praha 5, Czech Republic
6
Registered office:
195 Avenue Charles de Gaulle 92200 Neuilly-sur-Seine, France
7
Registered office: Dpt 610, Prime Towers F 79-80, Okhla Industrial Area, Phase 1 New Delhi New Delhi DL 110020 India
8
Registered office: 2/F GC Corporate Plaza, 150 Legaspi Street, Legaspi Village, Makati, Manila, Philippines
9
Registered office: 108 West 13th Street, New Castle County, Wilmington, DE 19801, USA
10 Registered office: 1401 21st Street, STE R, Sacramento CA 95811, USA
11 Registered office: Corporation Trust Center, 1209 Orange Street, New Castle, Wilmington,
DE 19801, USA
12 Registered office: 750 North San Vicente, 8th Fl. East, West Hollywood, California, 90069, USA
13 Registered office: 5th Floor, 55 West 39th Street, New York, 10018, USA
14 Registered office: 187 Wolf Road, Suite 101, Albany, 12205,
NY,
USA
Barcroft Media Limited, Broadleaf Bidco Limited, Broadleaf Holdco Limited, Broadleaf Midco Limited, Broadleaf Newco 2 Limited, Dennis
Publishing Limited, Future B2B Limited, Future Holdings 2002 Limited, Future Publishing Limited, Future Publishing Holdings Limited, Future
Publishing (Overseas) Limited, Future UK Finance Limited, GoCo Group Limited, GoCompare.com Limited, GoCompare.com Finance Limited,
RNWL LTD,
Sapphire Bidco Limited, Sport Insights Media Ltd and This is the Big Deal Limited are exempt from the requirement to \ufb01le audited
\ufb01nancial statements by virtue of Section 479A of the Companies Act 2006. Sarracenia Limited and Marketforce (U.K.) Limited are exempt from
the requirement to \ufb01le audited \ufb01nancial statements by virtue of Section 480 of the Companies Act 2006. ", "dimensions": { "concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00456": { "value": "30. EVENTS AFTER THE REPORTING PERIOD
On 1 December 2025 the Board approved a share buyback of up to \u00a330.0m which is expected to commence in 2026.
On 12 November 2025, the Board made the decision to close the operations of Mozo Pty Ltd.", "dimensions": { "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00457": { "value": "31. ACQUISITIONS
RNWL Ltd
\n
On 4 March 2025, the Group acquired 100% of the shares in RNWL Ltd, an insurance digital wallet, for initial cash consideration of \u00a32.8m.
\n
On acquisition, a further variable deferred consideration up to a total value of \u00a360m could be paid subject to meeting certain \ufb01nancial
\n
targets based on the following 5 year period ending 30 September 2030. The table below includes \u00a34.3m as contingent consideration,
\n
which represents its fair value at the date of acquisition. At the reporting date, the fair value of the contingent consideration has increased
\n
to \u00a34.6m due to discounting. The impact of the acquisition on the consolidated balance sheet was:
\n\n \n
Fair value
\u00a3m
Intangible assets
6.5
Tangible assets
\u2212
Cash and cash equivalents
0.1
Trade and other receivables
\u2212
Trade and other payables
(0.1)
Deferred tax
(1.6)
Net assets acquired
4.9
Goodwill
2.2
7.1
Consideration:
Cash
2.8
Contingent
4.3
Total consideration
7.1
\n
RNWL is an FCA-regulated digital wallet that organises customers\u2019 details across insurance policies and provides reminders of road tax,
\n
MOT and breakdown support. RNWL supports the acceleratation of Future\u2019s focus on customers\u2019 loyalty in Go.Compare, by increased
\n
focus on customer retention through the acquired developed technology. RNWL forms part of the Go.Compare cash generating unit.
\n
Goodwill is attributed to the strategic value associated with potential further development and exploitation of RNWL\u2019s technology which
\n
had not commenced or could not be separately recognised at acquisition. The intangibles recognised, including the goodwill, are expected
\n
to be deductible for tax purposes.
\n
Acquisition related costs of \u00a30.7m were recognised as an expense within operating expenses in the Consolidated statement of pro\ufb01t or
\n
loss. RNWL was not revenue generating prior to acquisition, and has now been fully integrated post acquisition. As such no revenue/pro\ufb01t
\n
has been recognised in the above table.
\n
Kwizly
\n
On 15 May 2025, the Group acquired 100% of the issued share capital and voting rights of Kwizly, which provides audience engagement
\n
tools including quizzes, games and polls embedded into websites, for initial consideration of \u00a30.6m.
Further deferred consideration is
\n
payable contingent on the acquired team remaining in the business for 2 and 4 years, both for \u00a30.4m.
As this is contingent on employment,
\n
this will be treated as post-combination remuneration costs. Goodwill of \u00a30.6m has been recognised for the acquisition of Kwizly and is
\n
attributed to the expertise of the acquired team in providing audience engagement tools and the value they could bring to Future\u2019s online
\n
content.
Kwizly forms part of the B2C cash generating unit.", "dimensions": { "concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } }, "TagsThatMustBeAppliedIfCorrespondingInformationIsPresentInAReport_Label_00392": { "value": "Quay House The Ambury \nBath \nBA1 1UA", "dimensions": { "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity", "language": "en", "entity": "scheme:213800K2581YRLEXV353", "period": "2024-10-01T00:00:00/2025-10-01T00:00:00" } } } }