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.
11. Trade and other receivables
| Description | 2023 £ thousands |
2022 £ thousands |
|---|---|---|
| Trade receivables1 | 256 | 152 |
| Consolidated Fund receipts due | 11,132 | 21,079 |
| Deposits and advances | 6 | 2 |
| Accrued income2 | 599 | 0 |
| Prepayments | 735 | 617 |
| Balance at 31 March | 12,728 | 21,850 |
References
1 During 2022 to 2023 a review of Consolidated Fund aged receivables determined two doubtful debts which are being pursued via the courts, an Impairment allowance has been recognised in year. Consolidated Fund receipts due total £13.267 million, less £2.135 million for expected credit losses. Allowance losses are recorded within Note 5(d): Consolidated fund income, before there is objective evidence an asset is impaired, it is an estimate of future loss including where impairment events have yet to happen.
2 Accrued income includes £166,490 (2021 to 2022, £0) for interest received April 2023 relating to March 2023 and £433,033 for other income to be received April 2023 relating to 2022 to 2023.
10. Cash and cash equivalents Next section
12. Trade and other payables
Last updated: 18 October 2023
Show updates to this content
No changes to show.