16 Debtors
Group 2017
Company 2017
Group 2016
Company 2016
£’000
£’000
£’000
£’000
61,522
-
Trade debtors
63,526
-
-
3,559
Amounts owed by group undertakings
-
945
2,039
7
Deferred Tax (note 19) Corporation tax receivable
2,974
4
-
- -
33
- -
11,597 75,158
Prepayments and accrued income
10,445 76,978
3,566
949
Amounts owed by Group undertakings relating to intra group trading are unsecured, interest free and repayable on demand. An impairment provision of £515,000 (2016: £650,000) was recognised against trade debtors. Details of the company’s exposure to credit risk are given in the Strategic report.
17 Creditors: amounts falling due within one year
Group 2017
Company 2017
Group 2016
Company 2016
£’000
£’000
£’000
£’000
37,485
-
Trade creditors Corporation tax
40,716
-
19
25
-
10
17,756 48,049 103,309
- -
Taxation and social security Accruals and deferred income
15,914 35,414 92,044
- -
25
10
Details of the company’s exposure to liquidity risk are given in the Strategic report.
18 Creditors: amounts falling due after one year
Group 2017
Company 2017
Group 2016
Company 2016
£’000
£’000
£’000
£’000
241
241
Loan notes
209
209
Loan notes are unsecured and interest is charged at a rate of 10%.
Financials | Whistl Annual Report 2017
49
Made with FlippingBook - Online magazine maker