Report
Annual Report and Accounts 2021 to 2022
The Gambling Commission's 2021 to 2022 Annual Report and Accounts.
14. Retirement benefit obligations
This provision recognises the payments due in respect of a former Chairman of OFLOT.
As set out in accounting policy 1c, Statement of accounting policies, Pension costs, for further details refer to the Retirement benefits section of the staff report.
Retirement benefit obligations
Data definitions | 2022 £'000s |
2021 £'000s |
---|---|---|
At 1 April | 215 | 218 |
Interest cost | 3 | 4 |
Actuarial loss in the period | 11 | 9 |
Pensions paid in the year | (16) | (16) |
At 31 March | 213 | 215 |
The pension liability provision of £213,268 is split between, liability not later than one year (£16,165), and liability greater than one year (£197,103).
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15. Consolidated Fund income
Last updated: 27 July 2023
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