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Report

Annual Report and Accounts 2020 to 2021

The Gambling Commission's 2020 to 2021 Annual Report and Accounts

  1. Contents
  2. Financial statements
  3. Statement of comprehensive net expenditure for the year ended 31 March 2021

Statement of comprehensive net expenditure for the year ended 31 March 2021

Notes31 March 2021
£'000s
31 March 2020
£'000s
Income
Licence fee income4b18,46319,653
Other income5405251
Total operating income18,86819,904
Expenditure
Staff costs3a(21,388)(19,491)
Depreciation and amortisation6 & 7(696)(644)
Right-of-use depreciation16(942)(823)
Other expenditure3b(15,035)(16,495)
Total operating expenditure(38,061)(37,453)
Net operating expenditure(19,193)(17,549)
Finance income4b1565
Finance expense(3)(12)
Finance cost on lease liability3b(102)(114)
Interest cost on pensions liability3a(4)(6)
Net expenditure for the year(19,287)(17,616)
Other comprehensive expenditureNotes31 March 2021
£'000s
31 March 2020
£'000s
Net loss on pension liability3a(9)(1)
Comprehensive expenditure for the year(19,296)(17,617)

The Commission receives grant-in-aid funding which fully covers the National Lottery expenditure. Grant-in-aid is treated as a financing transaction rather than revenue and is taken directly to reserves.

Next section
Statement of financial position as at 31 March 2021
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