| 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | Interim Dividend | 2.40p | 2.30p | 2.20p | 2.10p | n/a | Final Dividend | 7.60p | 7.60p | 7.60p | 7.50p | n/a | Total Dividend | 10.00p | 9.90p | 9.80p | 9.60p | n/a |
|---|
| £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
| Income Statement | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Turnover | 0.28 | 0.20 | 0.22 | 0.18 | 0.19 |
| Operating Profit/(Loss) | 0.25 | 0.16 | 0.17 | 0.15 | 0.15 |
| Net Interest | n/a | n/a | n/a | n/a | n/a |
| Profit Before Tax | 0.25 | 0.16 | 0.17 | 0.15 | 0.15 |
| Profit After Tax | 0.25 | 0.16 | 0.17 | 0.15 | 0.15 |
| Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
| Retained Profit/(Loss) for the Financial Year | 0.25 | 0.16 | 0.17 | 0.15 | 0.15 |
| Earnings per Share - Basic | 11.40p | 7.40p | 7.70p | 6.90p | 7.00p |
| Earnings per Share - Diluted | 11.40p | 7.40p | 7.70p | 6.90p | 7.00p |
| Earnings per Share - Adjusted | 11.40p | 7.40p | 7.70p | 6.90p | 7.00p |
| Dividend per Share | 10.00p | 9.90p | 9.80p | 9.60p | 9.50p |
| £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
| Balance Sheet | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Fixed Assets | |||||
| Intangible Assets | n/a | n/a | n/a | n/a | n/a |
| Tangible Assets | n/a | n/a | n/a | n/a | n/a |
| Fixed Investments | 3.56 | 3.93 | 4.37 | 4.18 | 6.44 |
| 3.56 | 3.93 | 4.37 | 4.18 | 6.44 | |
| Current Assets | |||||
| Stocks | n/a | n/a | n/a | n/a | n/a |
| Debtors | 0.03 | 0.09 | 0.14 | 0.54 | 0.25 |
| Cash at Bank & in Hand | 0.12 | 0.04 | 0.04 | 0.03 | 0.03 |
| Other Current Assets | n/a | n/a | n/a | n/a | n/a |
| Other Assets | n/a | n/a | n/a | n/a | n/a |
| Total Assets | 3.70 | 4.06 | 4.55 | 4.75 | 6.71 |
| Liabilities | |||||
| Creditors: Amount Due Within 1 Year | 0.05 | 0.05 | 0.04 | n/a | 0.02 |
| Net Current Assets | 0.10 | 0.09 | 0.14 | 0.55 | 0.26 |
| Creditors: Amount Due Over 1 Year | n/a | n/a | n/a | n/a | n/a |
| Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | n/a |
| Other Liabilities | n/a | n/a | n/a | n/a | n/a |
| Total Liabilities | 0.05 | 0.05 | 0.04 | 0.02 | 0.02 |
| Net Assets | 3.66 | 4.01 | 4.51 | 4.74 | 6.70 |
| Capital & Reserves | |||||
| Called Up Share Capital | 0.54 | 0.54 | 0.54 | n/a | 0.54 |
| Share Premium Account | 0.88 | 0.88 | 0.88 | n/a | 0.88 |
| Other Reserves | 2.09 | 2.48 | 2.92 | n/a | 5.00 |
| Profit & Loss Account | 0.15 | 0.12 | 0.17 | n/a | 0.27 |
| Shareholders Funds | 3.66 | 4.01 | 4.51 | 4.74 | 6.70 |
| Minority Interests | n/a | n/a | n/a | n/a | n/a |
| Capital Employed | 3.66 | 4.01 | 4.51 | 4.74 | 6.70 |
| Cash Flow | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Net Cash Flow From Operating Activities | 0.19 | 0.08 | 0.47 | (0.26) | (0.07) |
| Returns On Investment & Servicing of Finance | n/a | n/a | n/a | n/a | n/a |
| Taxation Paid | n/a | n/a | n/a | n/a | n/a |
| Capital Expenditure | 0.10 | 0.14 | (0.25) | 0.47 | 0.23 |
| Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
| Equity Dividends Paid | n/a | n/a | (0.21) | (0.21) | (0.21) |
| Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
| Financing | (0.22) | (0.21) | n/a | n/a | n/a |
| Net Increase/Decrease In Cash | 0.07 | n/a | 0.01 | n/a | (0.04) |
| Ratios | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| PE Ratio | 14.5 | 23.6 | 24.0 | 30.4 | 32.1 |
| PEG | 0.3 | n/a | 2.0 | n/a | 1.7 |
| EPS Growth | 54% | -4% | 12% | -1% | 19% |
| Dividend Yield | 6.1% | 5.7% | 5.3% | 4.6% | 4.2% |
| Dividend Cover | 1.14 | 0.75 | 0.79 | 0.72 | 0.74 |
| Dividend per Share Growth | 1.01% | 1.02% | 2.08% | 1.05% | 1.06% |
| Operating Cashflow Per Share | 8.94p | 3.75p | 21.92p | (12.28p) | (3.04p) |
| Pre-tax Profit per Share | 11.40p | 7.42p | 7.79p | 6.91p | 7.01p |
| Cash Increase / Decrease per Share | 3.48p | 0.14p | 0.60p | (0.14p) | (1.94p) |
| Turnover per Share | 12.79p | 9.41p | 10.15p | 8.48p | 8.64p |
| Net Asset Value per Share | 169.47p | 186.06p | 209.09p | 219.43p | 310.28p |
| Operating Margin | 89.13% | 78.82% | 76.71% | 81.42% | 81.15% |
| ROCE | n/a | n/a | n/a | n/a | n/a |
| Net Gearing | n/a | 0.07% | n/a | n/a | n/a |
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