Report
Annual report and accounts 2023 to 2024
The Gambling Commission's 2023 to 2024 Annual report and accounts. For the period 1 April 2023 to 31 March 2024.
o. Segmental reporting
The Gambling Commission operates in 3 distinct material segments:
- to regulate commercial gambling
- to regulate the current National Lottery
- to commission the fourth National Lottery.
All 3 segments fall within one main geographical segment, the UK. The Commission has distinct sources of income for the 3 segments: licence fees for gambling regulation, Grant-In-Aid (GIA) for National Lottery regulation, and also GIA to fund National Lottery Commissioning. Each segment is accounted for separately within the procurement and finance systems apart from cross charges.
Staff and non-staff cross charges are calculated as part of the budget (Business priorities) process, costs are approved by the Executive Team and recognised monthly in the Financial Accounts based on the forecast.
At the year-end, a reconciliation of forecast to actuals is completed and actual expenditure incurred is used for cross charging. The segmental reporting format in Note 3, Statement of operating costs by operating segment reflects the Commission's management and internal reporting structure.
Last updated: 17 October 2024
Show updates to this content
No changes to show.