TRUSTEES' REPORT AND ACCOUNTS 2022
66 Notes to the accounts continued
Year ended 31 December 2022
Group
2022
£'000
Group
2021
£'000
Charity
2022
£'000
Charity
2021
£'000
9. Creditors
Amounts falling due within one year
Trade creditors 5,018 6,991 4,692 6,737
Branch creditors 5,020 3,993 5,020 3,993
Accruals and deferred income* 4,617 4,818 4,411 4,587
Other creditors** 1,236 1,100 1,236 1,100
Total creditors 15,891 16,902 15,359 16,417
*Deferred income for the group includes deferred income for the National Society and both subsidiary entities. The National Society balance includes
lottery income received for future draws. Freedom Food Limited deferred income includes membership income received within the reporting period
relating to future accounting periods. RSPCA Trading Limited deferred income includes entry fees received by RTL within the reporting period for future
accounting periods.
** Other creditors includes PAYE and National Insurance costs relating to 2022 yet to be paid at the balance sheet date.
At 1 January
2022
£'000
Charged to
SOFA
£'000
Utilised/
released
£'000
At 31 December
2022
£'000
10. Deferred income
GROUP
Deferred income 101 372 (101) 372
Deferred income 101 372 (101) 372
CHARITY
Deferred income - 246 - 246
Deferred income - 246 - 246
11. Provisions for liabilities and charges
GROUP
Taxation provision 213 172 (213) 172
Other provision 433 70 (100) 403
Total provisions 646 242 (313) 575
CHARITY
Taxation provision 213 172 (213) 172
Other provision 333 70 - 403
Total provisions 546 242 (213) 575
The taxation provision includes an estimate for the tax on 2022 employee benefits payable to HMRC at the end of the 2022/23 tax year. The timing of
the outflows can be estimated reliably in line with regulatory requirements. Other provisions include a provision for property dilapidations, and a provision
for settlement costs of known legal cases with uncertain settlement dates, or payment dates post-settlement in 2023. All provisions are estimated by
taking into account known current events at the end of the reporting period, and historic events.