2018
£m
2017
£m
Amounts falling due within one year:
Trade payables37.638.2
Other taxes and social security24.823.5
Other payables11.414.6
Accruals*66.662.1
140.4138.4
Amounts falling due after more than one year:
Other payables2.23.4

*Accruals include £31.1m (2017: £32.6m) of payroll-related accruals.

Trade payables and accruals principally comprise amounts outstanding for trade purchases and ongoing costs. The average credit period taken for trade purchases as at 31 December 2018 is 36 days (2017: 40 days).

The directors consider that the carrying amount of trade payables approximates to their fair value.