Report
Annual Report and Accounts 2021 to 2022
The Gambling Commission's 2021 to 2022 Annual Report and Accounts.
Parliamentary accountability disclosures
Regularity of expenditure
Losses and special payments – audited
Managing Public Money states that individual losses and special payments of more than £300,000 should be noted separately.
There were no losses or special payments exceeding £300,000 during 2021-22.
Gifts – audited
Managing Public Money states any gifts made over the limits proscribed limits should be disclosed.
There were no gifts made during 2021-22.
Fees and charges – audited
In accordance with Managing Public Money, entities should provide an analysis of fees and charges income where material.
Remote contingent liabilities – audited
Managing Public Money states any material remote contingent liabilities (that is, those that are disclosed under Parliamentary reporting requirements and not under IAS 37) should be reported.
There are remote contingent liabilities of £370,102 as at 31 March 2022 (nil, 2020/21).
The remote contingent liabilities figure is a combination of legal costs (£79,342) and voluntary exits (£290,760) which has been calculated under the guidance of IAS 37 and IAS 19, based on events existing at the balance sheet date.
Andrew Rhodes
Chief Executive and Accounting Officer
19 July 2022
Marcus Boyle
Chair
19 July 2022
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Parliamentary accountability and audit report
Last updated: 31 August 2022
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