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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. Notes to the accounts
  3. 11. Trade and other receivables

11. Trade and other receivables

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.

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10. Cash and cash equivalents
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12. Trade and other payables
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