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  3. Annual Report and Accounts 2022 to 2023

Report

Annual Report and Accounts 2022 to 2023

The Gambling Commission's 2022 to 2023 Annual Report and Accounts. For the period 1 April 2022 to 31 March 2023.

Published
18 October 2023

Last updated
18 October 2023 - Changes

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  1. Contents
  2. 5b) Gambling Act 2005 income recognised

5b) Gambling Act 2005 income recognised

Fees payable under the Act are identified by income stream, and released to the Gambling Commission's Statement of Comprehensive Net Expenditure (SoCNE) in accordance with the Commission's Financial and Accounting Policy.

Recognised fee income is included within the SoCNE as ‘Licence Fee income’.

Gambling Act 2005 fee income recognised in the year is as follows:

Gambling Act 2005 income recognised
Description 2023
£ thousands		 2022
£ thousands
Operator licence applications
Application fees 2,051 1,212
Annual fees 22,894 18,017
Personal licence applications 758 665
Total fee income 25,703 19,894
Interest received1 457 10
Total 26,160 19,904

References

1Interest received on fee income has significantly increased during 2022 to 2023 due to the increases in Bank of England rates during the year.

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