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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.

  1. Contents
  2. Financial statements
  3. Statement of Comprehensive Net Expenditure (SoCNE) for the year ended 31 March 2023

Statement of Comprehensive Net Expenditure (SoCNE) for the year ended 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.

Next section
Statement of financial position for the year ended 31 March 2023
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