| ||29 November|
|Less: provision for impairment of trade receivables||(1.7)||(3.0)|
|Net trade receivables||29.3||9.6|
*Accrued income with a value of £14.4 million as at 30 November 2014 has been reclassified from other receivables to accrued income.
Included within trade receivables is a balance of £5.6 million (2014: £0.8 million) owed by MHE JV Co.
Included in trade receivables is £4.3 million (2014: £5.0 million) due from suppliers in relation to commercial and media income. As at 22 January 2016 £3.8 million has been received. Included in accrued income is £9.5 million (2014; £8.9 million) to be invoiced to suppliers in relation to supplier funded promotional activity and £5.5 million (2014: £7.9 million) to be invoiced to suppliers in relation to volume-related rebate amounts. As at 22 January 2016 £12.9 million of accrued income has been invoiced.
The ageing analysis of trade and other receivables (excluding prepayments), including the provision for impairment, is set out below:
|29 November 2015||30 November 2014|
|Not past due||43.8||—||30.9||(2.0)|
|Past due 0–3 months||8.0||(1.7)||6.7||(0.3)|
|Past due 3–6 months||—||—||1.3||(0.2)|
|Past due over 6 months||—||—||0.6||(0.5)|
The provisions account for trade receivables is used to record impairment losses unless the Group is satisfied that no recovery of the amount owing is possible; at that point, the amounts considered irrecoverable are written off against trade receivables directly. Impairment losses are included within administrative expenses in the Income statement.
Trade receivables that are past due but not impaired amount to £6.3 million (2014: £7.6 million) and relate to a number of suppliers for whom there is no recent history of default. The ageing analysis of these trade receivables is as follows:
| ||29 November|
|Past due 0–3 months||6.3||6.4|
|Past due 3–6 months||—||1.1|
|Past due over 6 months||—||0.1|