Annual Report and Accounts 2022 to 2023
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:
|Operator licence applications|
|Personal licence applications||758||665|
|Total fee income||25,703||19,894|
1Interest received on fee income has significantly increased during 2022 to 2023 due to the increases in Bank of England rates during the year.
Last updated: 18 October 2023
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