Report
Annual report and Accounts 2019 to 2020
Making gambling fairer and safer
Statement of cash flow for the year ended 31 March 2020
| Notes | 31 March 2020 £'000s |
31 March 2019 £'000s |
|
|---|---|---|---|
| Cash flows from operating activities | |||
| Net expenditure for the year* | (17,561) | (8,613) | |
| Depreciation and amortisation charge | 6 and 7 | 644 | 622 |
| Depreciation on right-of-use assets | 16 | 823 | - |
| Disposal of property, plant and equipment | 6 | (44) | - |
| (Increase)/Decrease in trade and other receivables | 8 | 714 | 23 |
| Increase/(Decrease) in trade and other payables | 10,11 & 13 | (9,419) | 10,207 |
| Adjustments for accruals reclassification – IFRS 16 cumulative catch-up | 16* | 358 | - |
| Use of provisions | 12 | (8) | (20) |
| Interest costs arising from pension liability | 12 | (6) | (6) |
| Net cash inflow from operating activities | (24,499) | 2,213 | |
| Cash flows from investing activities | |||
| Interest received | 4b | 65 | 103 |
| Purchase of property, plant and equipment | 6 | (440) | (192) |
| Purchase of intangible assets | 7 | (299) | (232) |
| Net cash outflow from investing activities | (674) | (321) | |
| Cash flows from financing activities | |||
| Grant-in-aid for revenue expenditure | 17,020 | 6,721 | |
| Payment of lease liabilities | 16 | (1,002) | - |
| Net cash inflow from financing activities | 16,018 | 6,721 | |
| Net Increase/(Decease) in cash and cash equivalents in the period | 9 | (9,155) | 8,613 |
Cash and cash equivalents at 31 March 2019: 25,760 Cash and cash equivalents at 31 March 2020: 16,605
The notes on pages 70 to 88 form part of these accounts.
References
The Net expenditure for the year includes Finance expense of £12k relating to tax on interest receivable
Statement of financial position as at 31 March 2020 Next section
Statement of changes in taxpayers' equity for the year ended 31 March 2020
Last updated: 1 July 2024
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