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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

Income and expenditure Notes 31 March 2021
£'000s
31 March 2020
£'000s
Income
Licence fee income 4b 18,463 19,653
Other income 5 405 251
Total operating income 18,868 19,904
Expenditure
Staff costs 3a (21,388) (19,491)
Depreciation and amortisation 6 & 7 (696) (644)
Right-of-use depreciation 16 (942) (823)
Other expenditure 3b (15,035) (16,495)
Total operating expenditure (38,061) (37,453)
Net operating expenditure (19,193) (17,549)
Finance income 4b 15 65
Finance expense (3) (12)
Finance cost on lease liability 3b (102) (114)
Interest cost on pensions liability 3a (4) (6)
Net expenditure for the year (19,287) (17,616)
Other comprehensive expenditure Notes 31 March 2021
£'000s
31 March 2020
£'000s
Net loss on pension liability 3a (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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