XML 29 R21.htm IDEA: XBRL DOCUMENT
v3.22.2

Trade and other receivables | 6 Months Ended
--- | ---
Jun. 30, 2022
Trade and receivables [Abstract] |
Trade and other receivables | 14. Trade and other receivables Amounts falling due within one year:
| 30 June 2022 |  | 31 December 2021
| £m |  | £m
Trade receivables (net of loss allowance) | 6,491.7 |  |  | 6,600.5 |
Work in progress | 343.8 |  |  | 254.0 |
VAT and sales taxes recoverable | 398.8 |  |  | 350.3 |
Prepayments | 295.0 |  |  | 215.3 |
Accrued income | 3,516.4 |  |  | 3,435.7 |
Fair value of derivatives | 2.2 |  |  | 2.5 |
Other debtors | 668.2 |  |  | 504.0 |
| 11,716.1 |  |  | 11,362.3 |
Amounts falling due after more than one year:
| 30 June 2022 |  | 31 December 2021
| £m |  | £m
Fair value of derivatives | — |  |  | 0.5 |
Prepayments and other debtors | 198.2 |  |  | 152.1 |
| 198.2 |  |  | 152.6 |
The Group considers that the carrying amount of trade and other receivables approximates their fair value. A bad debt expense of £11.5 million (period ended 30 June 2021: credit of £10.6 million) on the Group’s trade receivables in the period is a result of the increase in expected credit losses since 31 December 2021. The loss allowance is equivalent to 1.1% (31 December 2021: 1.1%) of gross trade receivables. Prepayments and other debtors falling due after more than one year for 30 June 2022 includes £33.0 million in relation to pension plans in surplus. The corresponding figure for 31 December 2021 is included in provision for post-employment benefits.

X
- Definition The disclosure of trade and other receivables. [Refer: Trade and other receivables] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Trade and receivables + References No definition available. + Details
Name: | wpp_TradeAndReceivablesAbstract
Namespace Prefix: | wpp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration