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.
4b. Other expenditure
Description | 2023 to 2024 £ thousands |
2022 to 2023 £ thousands |
---|---|---|
Accommodation | 785 | 833 |
Professional fees1 | 9,561 | 8,470 |
Consultancy costs2 | 88 | 189 |
External legal fees3 | 354 | 7,332 |
Travelling and subsistence | 242 | 143 |
Agency staff | 565 | 102 |
Other staff costs | 199 | 136 |
Recruitment, training and development | 778 | 303 |
Office services | 1,879 | 1,631 |
External audit fee4 | 140 | 106 |
Internal audit costs | 193 | 128 |
Research costs5 | 1,124 | 1,407 |
Other costs | 105 | 207 |
Other expenditure | 16,013 | 20,987 |
Finance costs6 | 50 | 10 |
Finance expense7 | 29 | 20 |
Corporation tax8 | 177 | 87 |
Total other expenditure | 16,269 | 21,104 |
References
1 Professional fees totalling £9.56 million (2022 to 2023 £8.47 million). £9.20 million relates to increased costs for the National Lottery Competition for ongoing project costs, of which £9.18 million relates to Transition costs, £20,000 for other Professional Fees.
2 Consultancy costs totalling £90,000 (2022 to 2023 £190,000), £10,000 relates to costs for the National Lottery. Decrease compared to 2022 to 2023 due to a contract with Rothchild concluding in 2022.
3 Legal costs totalling £350,000, which includes legal costs of £4.38 million related to ongoing litigation costs for the National Lottery Competition less recovery of legal costs of £4.475 million (2022 to 2023 £7.33 million). £2.94 million was spent with Hogan Lovells International LLP and £1.29 million with Capital Law LLP.
4 The external audit fee of £140,000 represents the cost of the audit of the accounts carried out by NAO. No non-audit work was undertaken by the NAO during the year. The external audit fee for 2023 to 2024 is £95,000 (2022 to 2023 £106,000). Costs includes £45,000 for additional fees relating to the 2022 to 2023 audit.
5 Research costs includes costs associated with prevalence studies into gambling and £724,000 with NatCen for Gambling Survey – Research pilot. This totalled £1.124 million in 2023 to 2024 (2022 to 2023 £1.407 million). This also includes National Lottery research costs totalling £113,000 in 2023 to 2024 (2022 to 2023 £114,000).
6 Finance costs of £50,000 (2022 to 2023 £10,000) relate to Interest on lease liabilities. 2022 to 2023 includes a credit of £56,000 due to the Bloomsbury lease which ended in November 2022, comparatively reducing this compared to 2023 to 2024.
7 Finance expense of £29,000 (2022 to 2023 £20,000) relating to the unwinding of discounts of provisions (see note 13, Provisions and Charges).
8 Corporation tax expense of £177,000 (2022 to 2023 £87,000) relating to tax on interest receivable (see note 5b, Gambling Act 2005 income recognised). Interest received on fee income has significantly increased during 2023 to 2024 due to the increases in Bank of England rates during the year.
Last updated: 17 October 2024
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