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  3. Annual report and Accounts 2019 to 2020

Report

Annual report and Accounts 2019 to 2020

Making gambling fairer and safer

Published
16 November 2020

Last updated
12 November 2020 - Changes

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  1. Contents
  2. p) Going Concern

p) Going Concern

The financial statements have been prepared on a going concern basis. The recent events in respect of the Covid- 19 outbreak may have a significant financial impact on the Commission's fee income over the coming year.

However, based on the most severe but plausible downside cash flow scenario, we expect to remain in a positive cash and reserves position for at least the coming twelve months after the issue of these annual report and accounts.

In addition, as a statutory body created under the Gambling Act 2005 we anticipate continuing to provide a statutory service in the future. As such the accounts have been prepared on a going concern basis.

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