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.
8. Intangible assets
Intangible assets 2023 to 2024
| Description | IT Software £ thousands |
IT Software licenses £ thousands |
Websites delivering services £ thousands |
Total £ thousands |
|---|---|---|---|---|
| Cost and/or valuation | ||||
| At 1 April 2023 | 6,534 | 432 | 298 | 7,264 |
| Disposals | (4314) | (432) | (298) | (5044) |
| At 31 March 2024 | 2,220 | 0 | 0 | 2,220 |
| Accumulated amortisation | ||||
| At 1 April 2023 | 6,356 | 432 | 292 | 7,080 |
| Charge in year | 104 | 0 | 6 | 110 |
| Disposals | (4,314) | (432) | (298) | (5044) |
| Adjustment1 | (241) | 0 | 0 | (241) |
| At 31 March 2024 | 1,905 | 0 | 0 | 1,905 |
| Carrying value at 31 March 2024 | 315 | 0 | 0 | 315 |
| Carrying value at 31 March 2023 | 178 | 0 | 6 | 184 |
Intangible assets 2022 to 2023
| Description | IT Software £ thousands |
IT Software licenses £ thousands |
Websites delivering services £ thousands |
Total £ thousands |
|
|---|---|---|---|---|---|
| Cost and/or valuation | |||||
| At 1 April 2022 | 6,534 | 432 | 298 | 7,264 | |
| At 31 March 2023 | 6,534 | 432 | 298 | 7,264 | |
| Accumulated amortisation | |||||
| At 1 April 2022 | 6,228 | 430 | 283 | 6,941 | |
| Provided in year | 128 | 2 | 9 | 139 | |
| At 31 March 2023 | 6,356 | 432 | 292 | 7,080 | |
| Carrying value at 31 March 2023 | 178 | 0 | 6 | 184 | |
| Carrying value at 31 March 2022 | 306 | 2 | 15 | 323 | |
References
1 During 2023 to 2024 a review of all assets and their remaining useful life resulted in a one-off depreciation adjustment to align assets to the depreciation policy.
7. Finance leases Next section
9. Financial instruments
Last updated: 17 October 2024
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