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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.

Statement of comprehensive net expenditure

(SoCNE) for the year ended 31 March 2025

(SoCNE) for the year ended 31 March 2025
Notes 2024 to 2025
£ thousands
2023 to 2024
£ thousands
Income
Licence fee income 4a 27,442 25,825
Other income 4b 440 357
Total Operating Income 27,882 26,182
Expenditure
Staff costs 3a (27,823) (24,001)
Other expenditure 3b (31,253) (15,321)
Provision release 3c 249 24
Interest cost on pensions liability 3c (8) (7)
Depreciation and amortisation 3c (675) (369)
Right-of-use depreciation 3c (801) (740)
Total Operating Expenditure (60,311) (40,414)
Net Operating Expenditure (32,429) (14,232)
Finance Income – Bank Interest received 4c 444 629
Finance Income – interest on lease liabilities 3c 274 (50)
Finance expense 3c (22) (29)
Corporation tax 3b (118) (177)
Net expenditure for the year (31,851) (13,859)
Other comprehensive expenditure
Actuarial Gain and/or (Loss) on pension scheme liabilities 13 (6) (3)
Comprehensive net expenditure for the year (31,857) (13,862)

The Notes section of this report form part of these accounts.

The Commission receives Grant in aid (GIA) funding to cover National Lottery expenditure. GIA is treated as a financing transaction rather than revenue and is taken directly to reserves.

Next section
Statement of financial position for the year ended 31 March 2025
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