Trade and Other Receivables

12 Months Ended

Dec. 31, 2022

Trade and Other Receivables [Abstract]

Trade and other receivables

18. Trade and other receivables

	At December 31 2022			At December 31 2021
	£’000			£’000
Trade receivables		24,475			15,021
Prepayments		21,255			28,124
Contract assets		248			3,451
VAT recoverable		8,445			30,499
Other receivables		12,336			10,982
		66,759			88,077
Allowance for expected credit losses		(4,000	)		(225	)
Total trade and other receivables		62,759			87,852
Current		56,259			77,884
Non-current		6,500			9,968

Contract assets relate to revenue earned from ancillary products. They are short term in nature and are derecognized within one month of the reporting period end across both 2022 and 2021 financial years.

Set out below is the movement in the allowance for expected credit losses of trade and other receivables:

	Allowance for expected credit losses
	£’000
At December 31, 2020		-
Provision for expected credit losses		225
At December 31, 2021		225
Provision for expected credit losses		3,775
At December 31, 2022		4,000