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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.

  1. Contents
  2. Notes to the accounts
  3. 10. Cash and cash equivalents

10. Cash and cash equivalents

Cash and cash equivalents
Description As at 31 March 2024
£ thousands
As at 31 March 2023
£ thousands
Balance at 1 April 30,051 27,325
Net change in cash and cash equivalent balances 1,081 2,726
Balance at 31 March 31,132 30,051
Balance held at Government Banking Service at 31 March 20,357 20,059
Balance held at Commercial banks and cash in hand at 31 March 10,595 9,992
Balance at 31 March 31,132 30.051

The majority of the Gambling Commission's cash and cash equivalent balances are held with the Government Banking Service apart from £10,595 (2022 to 2023 £9,992) which is held with commercial banks or as cash in hand.

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9. Financial instruments
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11. Trade and other receivables
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