Notes to the Financial Statements
18. Creditors – Amounts falling due within one year
2022 | 2021 | |
|---|---|---|
€’000 | €’000 | |
Trade creditors | 835 | 1,196 |
Accruals | 12,383 | 5,946 |
Bank Loans (see note 20) |
5,263 |
5,263 |
Deferred income – grants (see note 21) | 4,156 | 4,708 |
Professional Services Withholding Tax/Relevant Contracts Tax | 552 | 290 |
Income tax deducted under PAYE | 576 | 499 |
Corporation Tax | 130 | - |
Pay related social insurance | 162 | 160 |
| 24,057 | 18,062 |
Creditors for taxation and social welfare included above | 1,420 | 949 |
Trade and other creditors are payable at various dates in the next three months in accordance with the suppliers’ usual and customary credit terms.
Tax and social insurance are repayable at various dates over the coming months in accordance with the applicable statutory provisions.