v3.24.1.1.u2
Trade and other payables (Tables)
12 Months Ended
Mar. 31, 2024
Trade and other payables [abstract]  
Schedule of trade and other payables
2024
2023
£m
£m
Trade payables
2,786
3,249
Deferred payables
327
404
Customer contributions1
34
171
Social security and other taxes
240
Contingent consideration
19
Other payables²
929
985
4,076
5,068
1.Relates to amounts received from government-related entities for connecting to our networks, where we have obligations remaining under the contract.
2.Included within other payables are payments due in respect of interconnector excess revenues in accordance with the cap and floor regime constructed by Ofgem (see note 3).