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  3. Annual report and accounts 2023 to 2024

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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.

Published
17 October 2024

Last updated
17 October 2024 - Changes

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  1. Contents
  2. Notes to the accounts
  3. 11. Trade and other receivables

11. Trade and other receivables

Trade and other receivables
Description As at 31 March 2024
£ thousands		 Restated as at 31 March 2023
£ thousands
Trade and receivables 489 256
Consolidated Fund receipts due1 0 9,538
Deposits and advances 29 6
Accrued income2 88 599
Prepayments 799 735
Balance at 31 March 1,405 11,134
Year ending 31 March 2023 numbers restated for Consolidated Fund receivables, further information is included in Note 2 of the accounts.

References

1 During 2023 to 2024 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 £2.31 million all of which is fully impaired. Allowance losses are recorded within note 5(d): Consolidated Fund Income, before there is objective evidence that an asset is impaired, it is an estimate of future loss including where impairment events have yet to happen.

2 Accrued income includes £88,000 (2022 to 2023 £166,000) for interest received April 24 relating to March 24.

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12. Trade and other payables or the Annual Report 2023 to 2024
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