13 Inventories 2021 2020 £’m £’m Goods for resale 172.4 118.2 Goods for resale includes a net realisable value provision of £17.2m (2020: £11.9m). Write-downs of inventories to net realisable value amounted to £16.4m (2020: £14.3m). These were recognised as an expense during the period and were included in cost of sales in the Consolidated Income Statement. 14 Trade and other receivables 2021 2020 £’m £’m Trade receivables 0.9 1.3 Other receivables 4.8 8.5 Prepayments and accrued income 6.1 5.8 11.8 15.6 All trade receivables are due within one year from the end of the reporting period. No impairment was incurred on trade and other receivables during the period and the expected credit loss provision held at period end is nil (2020: nil). No material amounts are overdue (2020: nil). In the prior year other receivables included £4.8m receivable from the UK Government’s Coronavirus Job Retention Scheme. 15 Cash and cash equivalents 2021 2020 £’m £’m Cash at bank and in hand 128.6 90.0 The Group deposits funds only with institutions that have a credit rating of ‘A’ and above and the term is less than three months. 16 Trade and other payables 2021 2020 £’m £’m Trade payables 69.4 71.7 Accruals and deferred income 69.9 65.8 Taxation and social security 42.3 39.3 Other payables 0.2 0.4 181.8 177.2 Included within accruals and deferred income is £4.0m in relation to Local Authority Covid grants (2020: nil) received in the year that the Board has committed to repay. DUNELM GROUP PLC ANNUAL REPORT & ACCOUNTS 2021 205 FINANCIAL STATEMENTSSTRATEGIC REPORTGOVERNANCE OTHER INFORMATION