Guidance
The 2023 money laundering and terrorist financing risks within the British gambling industry
The Gambling Commission's money laundering and terrorist financing risk assessment for the British gambling industry in 2023.
Intangible assets
| IT software £'000s | IT software licences £'000s | Websites delivering services £'000s | Assets under the course of construction £'000s | Total £'000s | |
|---|---|---|---|---|---|
| Cost/valuation | |||||
| At 1 April 2019 | 6,038 | 279 | 284 | 173 | 6,774 |
| Reclassification* | (19) | 145 | - | - | 126 |
| Additions | 391 | 3 | 14 | - | 408 |
| Assets brought into use | - | - | - | (109) | (109) |
| At 31 March 2020 | 6,410 | 427 | 298 | 64 | 7,199 |
| Accumulated amortisation | |||||
| At 1 April 2019 | 5,534 | 279 | 216 | - | 6,029 |
| Reclassification* | 7 | 145 | - | - | 138 |
| Provided in year | 234 | - | 25 | - | 259 |
| At 31 March 2020 | 5,761 | 424 | 241 | - | 6,426 |
| Net book value at 31 March 2020 | 649 | 3 | 57 | 64 | 773 |
| Net book value at 31 March 2019 | 504 | - | 68 | 173 | 745 |
| IT software £'000s | IT software licences £'000s | Websites delivering services £'000s | Assets under the course of construction £'000s | Total £'000s | |
|---|---|---|---|---|---|
| Cost/valuation | |||||
| At 1 April 2020 | 6,410 | 427 | 298 | 64 | 7,199 |
| Additions | 60 | 5 | - | - | 65 |
| Assets brought into use | 64 | - | - | (64) | - |
| At 31 March 2021 | 6,534 | 432 | 298 | - | 7,264 |
| Accumulated amortisation | |||||
| At 1 April 2020 | 5,761 | 424 | 241 | - | 6,426 |
| Provided in year | 258 | 3 | 24 | - | 285 |
| At 31 March 2021 | 6,019 | 427 | 265 | - | 6,711 |
| Net book value at 31 March 2021 | 515 | 5 | 33 | - | 553 |
| Net book value at 31 March 2020 | 649 | 3 | 57 | 64 | 773 |
References
* During 2019-20, a review of the asset register was carried out resulting in reclassifications between intangible and tangible assets.
Last updated: 20 September 2024
Show updates to this content
Formatting issues corrected only.