19 Trade and other receivables Accounting policy Trade receivables are stated net of a loss allowance for expected credit losses. |
| | | | | | | 2024
GBPm | | 2025
GBPm | Trade receivables | | 2,306 | | 2,258 | Loss allowance | | (122) | | (96) | | | 2,184 | | 2,162 | Prepayments and accrued income | | 283 | | 293 | Current tax receivable | | 42 | | 13 | Net finance lease receivable | | 2 | | - | Total | | 2,511 | | 2,468 |
Trade receivables are predominantly non-interest bearing and their carrying amounts approximate to their fair value. The movements in the loss allowance during the year were as follows: | | | | | | | 2024
GBPm | | 2025
GBPm | At start of year | | 119 | | 122 | Charge for the year | | 17 | | 15 | Trade receivables written off | | (13) | | (40) | Exchange translation differences | | (1) | | (1) | At end of year | | 122 | | 96 |
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