IE Domain Registry t/a .IE Annual Report 2021

10(b) Shares in subsidiary undertakings The company holds 100% of the share capital of the following company: Name of subsidiary Country of Registration or incorporation Shares held class Principal Activity IENUM Limited Ireland Ordinary and Preference ENUM Registry IENUM Limited is an Irish registered company with a registered office at 4 th Floor, Harbour Square, Dun Laoghaire, Co. Dublin. The aggregate amount of capital and reserves and the results of this undertaking for the year ended 31 December 2021 were as follows: Capital andReserves Profit for the year € € IENUM Limited 50,100 Nil 11. Debtors: amounts falling due within one year 2021 2020 € € Prepayments and accrued income 218,287 191,544 218,287 191,544 12. Creditors: amounts falling due within one year 2021 2020 Note € € Trade creditors (a) 75,161 52,090 Customer Deposit accounts 496,732 379,556 Other creditors 88,441 100,828 Corporation tax payable 7,302 37,729 Other taxes and social security costs 15,942 22,699 Accruals (b) 555,607 300,746 Deferred income (c) 2,976,122 2,795,123 4,215,307 3,688,771 Other taxes and social security costs include: € € VAT 15,942 22,699 15,942 22,699 12(a)  The payment terms of trade creditors vary between on demand and ninety days. No interest is payable on trade creditors. Tax and social insurance are subject to the terms of the relevant legislation. Interest accrues on late payment at the rate of 0.0274% for each day or part of a day for which payment is overdue. No interest was due at the financial year end date. 12(b) The terms of the accruals are based on the underlying contracts. Other amounts included within creditors not covered by specific note disclosures are unsecured, interest free and repayable on demand. 12(c) The accounting policy for deferred income is outlined in Note 2.3. Financial Statements IE Domain Registry CLG t/a .IE / Annual Report & Review 2021 48 Notes to the Financial Statements (continued)