Report
Annual report and accounts 2024 to 2025
The Gambling Commission's 2024 to 2025 annual report and accounts. For the period 1 April 2024 to 31 March 2025.
Contents
- Foreword
- Performance report
- Accountability report
- Financial statements
- Notes on the accounts
-
- Statement of accounting policies
- Statement of operating costs by operating segment
- Expenditure
- Income cash receipts
- Property, plant and equipment
- Right of use assets
- Intangible assets
- Financial instruments
- Cash and cash equivalents
- Trade and other receivables
- Trade and other payables
- Provisions and charges
- Retirement benefit obligations
- Lease liabilities
- Contingent liabilities disclosed under IAS 37
- Related party transactions
- Amounts of income to the Consolidated Fund
- Events after the reporting period
- Appendices
7 - Intangible assets
Intangible assets 2024 to 2025
| Description | IT Software £ thousands |
IT Software licenses £ thousands |
Total £ thousands |
|---|---|---|---|
| Cost and/or valuation | |||
| At 1 April 2024 | 2,200 | 0 | 2,200 |
| At 31 March 2025 | 2,200 | 0 | 2,200 |
| Accumulated amortisation | |||
| At 1 April 2024 | 1,905 | 0 | 1,905 |
| Charge in year | 194 | 0 | 194 |
| Useful economic life (UEL) | 0 | 0 | 0 |
| Adjustment | (11) | 0 | (11) |
| At 31 March 2025 | 2,088 | 0 | 2,088 |
| Carrying value at 31 March 2025 | 132 | 0 | 132 |
| Carrying value at 31 March 2024 | 315 | 0 | 315 |
During 2024 to 2025, a review of all assets and their remaining UEL resulted in a depreciation adjustment to align assets to the depreciation policy.
Intangible assets 2023 to 2024
| Description | IT Software £ thousands |
IT Software licenses £ thousands |
Websites £ thousands |
Total £ thousands |
|---|---|---|---|---|
| Cost and/or valuation | ||||
| At 1 April 2023 | 6,534 | 432 | 298 | 7,264 |
| Disposals | (4,314) | (432) | (298) | (5,044) |
| 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) | (5,044) |
| UEL Adjustment | (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 |
During 2023 to 2024, a review of all assets and their remaining UEL resulted in a depreciation adjustment to align assets to the depreciation policy.
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Financial instruments
Last updated: 15 October 2025
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