| 2021 £m | 2020 £m |
Falling due within one year: | | |
Amounts owed by Group undertakings | 2.1 | 501.1 |
| 2.1 | 501.1 |
Amounts owed by Group undertakings were subject to interest. At 2 April 2021, the amounts bear interest at a rate of 1.31% (2020: 1.92%)
Amounts owed by Group undertakings were reduced in the current year as part of the Group reorganisation (see Note 4).