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.
Statement of Comprehensive Net Expenditure (SoCNE) for the year ended 31 March 2023
Description | Notes | 31 March 2023 £ thousands |
31 March 2022 £ thousands |
---|---|---|---|
Income | |||
Licence fee income | 5b | 25,703 | 19,894 |
Other income | 5c | 387 | 282 |
Total Operating Income | 26,090 | 20,176 | |
Expenditure | |||
Staff costs | 4a | (19,021) | (19,167) |
Other expenditure | 4b | (20,987) | (24,338) |
Provision expense | 4c | 0 | (120) |
Interest cost on pensions liability | 4c | (3) | (3) |
Depreciation and amortisation | 4c | (38) | (538) |
Finance lease depreciation | 4c | (856) | (942) |
Total Operating Expenditure | (40,905) | (45,108) | |
Net Operating Expenditure | (14,815) | (24,932) | |
Interest received | 5b | 457 | 10 |
Finance costs | 4b | (10) | (84) |
Finance expense | 4b | (20) | (19) |
Corporation Tax | 4b | (87) | (2) |
Net expenditure for the year | (14,475) | (25,027)* | |
Other comprehensive expenditure | |||
Actuarial gain/loss on pension scheme liabilities | 14 | 23 | (11) |
Comprehensive net expenditure for the year | (14,452) | (25,038)* |
References
* 2021 to 2022 numbers restated; further information is included in Note 2 of the accounts, Prior period adjustments.
All Notes form part of these accounts.
The Commission receives Grant-in-Aid (GIA) funding which covers fully National Lottery expenditure. GIA is treated as a financing transaction rather than revenue and is taken directly to reserves.
Statement of financial position for the year ended 31 March 2023
Last updated: 30 October 2024
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