Note 14 to the Departmental Resource Accounts
14. Trade receivables and other current assets
| Trade receivables and other current assets | 2011-12 £000 |
2010-11 £000 |
|---|---|---|
| Amounts falling due within one year: | ||
| VAT (Note a) | 1,989 | - |
| Trade receivables (Note b) | 51,029 | 50,684 |
| Doubtful debt provision (Note c) | (19,651) | (19,270) |
| Deposits and advances | 512 | 492 |
| Other receivables | 919 | 600 |
| Prepayments | 7,468 | 8,676 |
| Accrued income (Note d) | 13,740 | 17,646 |
| 56,006 | 58,828 | |
| Amounts falling due after more than one year: | ||
| Trade receivables | 63 | - |
| Prepayments | 6 | 19 |
| 56,075 | 58,847 |
Note a – From 1 April 2011, the CPS reclaimed VAT under HM Treasury’s “Contracting-Out Direction”. This provision allows Government departments to recover VAT on certain services contracted out to the private sector, specified in the Direction.
Note b – It is not possible to analyse cost award receivables by amounts falling due within one year and amounts falling due after one year. Her Majesty’s Courts and Tribunals Service retain the accounting records for uncollected cost awards and these records are not analysed between amounts falling due within one year and amounts falling due after one year.
Note c – The CPS provides against the risk of default on payment of costs awarded against convicted defendants, £19.651 million (2010-11: £19.053 million) and against default on payment of rental income by sub tenants in buildings occupied by the CPS, £Nil (2010-11: £217k).
Note d – Included within accrued income is £Nil (2010-11: 389k) representing excess Appropriations in Aid that will be due to the Consolidated Fund once the debts are collected.
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