| 2015 £m | 2014 £m |
---|
Minimum lease payments under operating leases recognised as an expense | 0.3 | 0.4 |
At the balance sheet date, the Company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
| 2015 £m | 2014 £m |
---|
Within one year | 0.4 | 0.3 |
In the second to fifth years inclusive | 0.4 | 0.7 |
| 0.8 | 1.0 |
Operating lease payments represent rentals payable by the Company for its land and buildings and motor vehicles.