TRUSTEES' REPORT AND ACCOUNTS 2024 71
Group
2024
£'000
Group
2023
£'000
Charity
2024
£'000
Charity
2023
£'000
7.Stocks
Stocks held for resale 364 129 - -
8. Debtors
Income tax and VAT recoverable 2,561 1,774 2,612 1,886
Prepayments 2,361 2,059 2,180 1,979
Accrued income* 94,334 91,103 92,730 89,628
Group debtors 87 - 888 1,561
Other debtors 1,199 1,302 639 973
Total debtors 100,542 96,238 99,049 96,027
*Accrued income for 2024 includes accrued legacy income for the group and the charity of £91,622k (2023: £84,012k).
9. Creditors
Amounts falling due within one year
Trade creditors 6,077 5,503 5,911 5,110
Branch creditors 4,682 4,645 4,682 4,645
Accruals and deferred income* 4,376 3,888 4,021 3,525
Other tax and social security 1,581 1,454 1,498 1,390
Other creditors 24 - 46 -
Total creditors 16,740 15,490 16,158 14,670
*Deferred income for the group includes deferred income for the RSPCA and both subsidiary entities. The RSPCA balance includes lottery income received
for future draws. RSPCA Assured Ltd deferred income includes membership income received within the reporting period relating to future accounting
periods. RTL deferred income includes entry fees received by RTL within the reporting period for future accounting periods.
At 1 January
2024
£'000
Charged to
SOFA
£'000
Utilised/
released
£'000
At 31 December
2024
£'000
10. Deferred income
GROUP
Deferred income 438 300 (438) 300
Deferred income 438 300 (438) 300
CHARITY
Deferred income 298 155 (298) 155
Deferred income 298 155 (298) 155