Cookies on the Gambling Commission website

The Gambling Commission website uses cookies to make the site work better for you. Some of these cookies are essential to how the site functions and others are optional. Optional cookies help us remember your settings, measure your use of the site and personalise how we communicate with you. Any data collected is anonymised and we do not set optional cookies unless you consent.

Set cookie preferences

You've accepted all cookies. You can change your cookie settings at any time.

Skip to main content


Annual Report and Accounts 2021 to 2022

The Gambling Commission's 2021 to 2022 Annual Report and Accounts.

  1. Contents
  2. Notes to the accounts
  3. 19. Commitments under operating leases

19. Commitments under operating leases

In accordance with IFRS 16, the Commission has categorised all leases as finance leases, with the exception of those leases which are exempt either by having less than 12 months to run from 31 March 2022 or are considered low value (less than £5,000).

Rentals due under operating leases are charged over the lease term on a straight-line basis, or on the basis of actual rental payable where this fairly reflects usage.

At 31 March 2022 the Commission was committed to making the following payments in respect of operating leases:

Obligations under operating leases

Obligations under operating leases.
at 31 March 2022 at 31 March 2021
Obligations under operating leases for the following periods: Land and buildings
Land and buildings
Not later than one year - 3 - 11
Later than one year and not later than five years - - - -
Later than five years - - - -
Total - 3 - 11
Previous section
18. Lease liabilities
Next section
20. Related party transactions
Is this page useful?
Back to top