Notes to the financial statements
17. Trade and other payables
| Group | Company | ||||
|---|---|---|---|---|---|
| 2008 £m |
2007 £m |
2008 £m |
2007 £m |
||
| Trade creditors | 2.6 | 4.6 | 0.9 | 2.5 | |
| Other creditors including taxation and social security | 15.6 | 11.0 | – | 0.2 | |
| Accruals | 35.2 | 35.0 | 2.7 | – | |
| Amounts due to Group undertakings | – | – | 100.9 | 50.2 | |
| Total | 53.4 | 50.6 | 104.5 | 52.9 | |
The fair value of trade and other payables at 31 December 2008 equates to their book value (2007: fair value equated to book value).
Amounts due to Group undertakings are unsecured and due for repayment in less than one year.