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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.

  1. Contents
  2. Intangible assets

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 20196,0382792841736,774
Reclassification*(19)145--126
Additions391314-408
Assets brought into use---(109)(109)
At 31 March 20206,410427298647,199
Accumulated amortisation
At 1 April 20195,534279216-6,029
Reclassification*7145--138
Provided in year234-25-259
At 31 March 20205,761424241-6,426
Net book value at 31 March 202064935764773
Net book value at 31 March 2019504-68173745
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 20206,410427298647,199
Additions605--65
Assets brought into use64--(64)-
At 31 March 20216,534432298-7,264
Accumulated amortisation
At 1 April 20205,761424241-6,426
Provided in year258324-285
At 31 March 20216,019427265-6,711
Net book value at 31 March 2021515533-553
Net book value at 31 March 202064935764773

References

* During 2019-20, a review of the asset register was carried out resulting in reclassifications between intangible and tangible assets.

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