Report
Annual Report and Accounts 2021 to 2022
The Gambling Commission's 2021 to 2022 Annual Report and Accounts.
10. Cash and cash equivalents
| Data definitions | 2022 £'000s |
2021 £'000s |
|---|---|---|
| Balance at 1 April | 17,556 | 16,605 |
| Net change in cash and cash equivalent balances | 9,769 | 951 |
| Balance at 31 March | 27,325 | 17,556 |
| The following balances at 31 March were held at: | ||
| Government Banking Service | 17,502 | 7,260 |
| Commercial banks and cash in hand | 9,823 | 10,296 |
| Balance at 31 March | 27,325 | 17,556 |
The majority of the Commission's cash and cash equivalent balances are held with the Government Banking Service apart from £9,822,558 (£10,296,271 2020/21) which is held with commercial banks or as cash in hand.
Increase in the cash position attributable to:
- increased deferred income of £3.6 million in 2021-22 compared to previous years (see Note 5, Fee cash receipts, for fee changes)
- the Commission held £1.245 million (2020-21 £nil) of fines payable to the Consolidated Fund at 31 March 2022
- trade and other payables cash flow movement including an increase of £7.4 million, predominantly related to GIA for the fourth National Lottery licence competition.
9. Trade and other receivables Next section
11. Trade and other payables
Last updated: 27 July 2023
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