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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. a) Right-of-use asset

a) Right-of-use asset

Victoria Square House
Land and Buildings
£'000s
Bloomsbury Street
Land and Buildings
£'000s
Plant & Equipment
£'000s
2020-21 Total
£'000s
2019-20 Total
£'000s
Cost/valuation
At 1 April 2019*4,35752644,8871,729
Additions to right-of-use assets----3,981
Depreciation charge for the year(736)(204)(2)(942)(823)
Balance as at 31 March3,62132223,9454,887
No later than one year7362042942942
Later than one year and not later than five years2,885118-3,0033,945
Later than five years-----
Balance as at 31 March3,62132223,9454,887

References

* Right-of-use asset value for Victoria Square House as at 1 April 2020 includes an adjustment of £358k relating to a brought forward deferred rent release provision. The Commission received a rent-free period during 2015/2016, during this time rental charges were accrued and the cost benefit is being released over the life of the lease.

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