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.

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Published
15 October 2025

Last updated
15 October 2025 - Changes

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Contents

• Annual report and accounts 2024 to 2025

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• Foreword
• Performance report
• • Introduction
  • The organisation
  • Financial performance analysis
  • Complaints
  • Sustainability
• Accountability report
• • Overview
  • Corporate governance report
  • Remuneration report
  • Staff report
  • Parliamentary accountability and audit report
  • The report of the Comptroller and Auditor General to the Houses of Parliament
• Financial statements
• • Statement of comprehensive net expenditure
  • Statement of financial position for the year ended 31 March 2025
  • Statement of cash flow for the year ended 31 March 2025
  • Statement of changes in taxpayers' equity for the year ended 31 March 2025
• 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
• • Annex A - Key operational data
  • Annex B - Performance by Business Plan Deliverable in 2024 to 2025

12 - Provisions and charges

Provisions and charges

Description	Victoria Square House premises dilapidations £ thousands	Bloomsbury Street premises dilapidations £ thousands	Legal provisions £ thousands	2025 Total £ thousands	2024 Total £ thousands
Balance as at 1 April	1,274	73	200	1,547	1,542
Provided in the year	0	0	0	0	72
Provisions not required written back	0	(73)	(176)	(249)	(24)
Provisions utilised in the year	0	0	0	0	0
Unwinding of discount	22	0	0	22	(43)
Balance at 31 March	1,296	0	24	1,320	1,547
Not later than one year	1,296	0	24	1,320	273
Later than one year and not later than five years	0	0	0	0	1,274
Later than five years	0	0	0	0	0
Balance at 31 March	1,296	0	24	1,320	1,547

Victoria Square House premises – dilapidations

The Victoria Square House lease expires in February 2026. The Dilapidations estimate of £1,329,000, based on the independent assessments carried out during 2024 on behalf of the Gambling Commission has been used as the basis and includes the discounted rate of £1,296,000 for the valuation as at 31 March 2025. The provision has then been adjusted using PES 2024 inflation and short-term general provision discounting rates. The Commission has prudently included VAT in the estimate due to it not being possible to recover the cost if charged, which is currently uncertain.

Bloomsbury Street premises – service charge

The Bloomsbury Street lease expired on 8 November 2022. The provision is no longer required, as the landlord confirmed no further payments in respect of this lease were due, and it was released in 2024 to 2025.

Legal provisions

As at 31 March 2025, there were 12 legal cases which remained unresolved out of the 28 cases, resulting in a provision of £24,000 (2023 to 2024 £200,000) which relates to a data breach incident which occurred in 2021.

Unwinding of discounts

Provisions have been assessed under IAS 37 as either having a legal or constructive obligation at the balance sheet date 31 March 2025 and a probable outflow of costs.

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Trade and other payables Next section
Retirement benefit obligations

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Last updated: 15 October 2025

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