Annual Report and Accounts 2021 to 2022
11. Trade and other payables
|Amounts falling due within one year||2022
|Other taxation and social security3||726||771|
|Staff holiday pay accrual3||224||302|
|Balance at 31 March||20,176||14,079|
1 Other payables include £960,743 which is payable to Customers for Change of Corporate Control refunds in April 2022.
2 The Commission holds total deferred income balances of £13,523,894 (£10,007,289 in 2020/21) included in note 11, Trade payables and other current liabilities and note 12, Amounts due after more than one year. These relate to: Licence fees received, due to be released to income within one year of £12,990,204 (£9,379,764 in 2020/21). Licence fees received, due to be released to income after one year of £533,690 (see note 11, Trade payables and other current liabilities and note 12, Amounts due after more than one year).
3 2020-21 numbers are reclassified – Provisions were previously recognised as accruals and have been reclassified in the year.
4 Accruals includes a £1.8 million success fee payable on completion of the competition to award the fourth National Lottery licence.
10. Cash and cash equivalents Next section
12. Amounts due after more than one year
Last updated: 31 August 2022
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