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
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- 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
Net expenditure
During the year, the regulation of gambling under the 2005 Gambling Act, as amended and updated by the Gambling (Licensing and Advertising) Act 2014 (opens in new tab) , produced an income and expenditure deficit of £3.43 million (see Note 2a for further details) (2023 to 2024, £1.01 million surplus). A deficit of £4.10 million (2023 to 2024, surplus of £0.47 million) for the year was budgeted under the Commission’s medium-term financial plan. The comprehensive net expenditure for the year was £31.86 million, including regulating the National Lottery. The deficit was due to the requirement to transfer Grant-In-Aid (GIA) funding of £29.14 million (2023 to 2024, £14.44 million) in respect of National Lottery direct to reserves and this not being included as income.
Last updated: 15 October 2025
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