14. Payables; amount falling due within 1 year
| Note | 2017 €000 |
2016 €000 |
|
|---|---|---|---|
| Payables | 2,714 | 2,678 | |
| Central Fund | 1,541 | - | |
| Accruals | 7,504 | 8,669 | |
| Deferred income | - | 158 | |
| Provisions | 16 | 126 | 498 |
| 11,885 | 12,003 |
Accruals include annual leave entitlements of €1.7m (2016: €1.6m) earned but not taken at the reporting date.
Deferred income related to a reverse premium on rental payments on the fourth floor of leasehold premises. The value of the reverse premium was spread across the life of the lease. The treatment resulted in income of €2.0m credited to the Statement of Income and Expenditure on a straight-line basis over the period January 2013 to April 2017 when the lease expired.