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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.

11 - Trade and other payables

11a) Amounts falling due within one year

Amounts falling due within one year
Description 2024 to 2025
£ thousands
2023 to 2024
£ thousands
Trade and other payables 1,471 1,054
Consolidated Fund payables 679 158
Other taxation and social security 1,661 960
Staff holiday pay accrual 339 88
Other payables 264 122
Accruals 3,142 1,320
Deferred income 14,647 13,954
Balance at 31 March 22,203 17,656

Other payables 2024 to 2025 includes £115,000 (£104,000 2023 to 2024) which is payable to operators for refunds in Quarter 1 2025 to 2026

Accruals 2024 to 2025 includes £2,317,000 (£2,241,000 for legal fees and £76,000 for secondments and subcontractors) for the Fourth National Lottery licence.

Deferred Income held by the Gambling Commission totalled of £15,315,000 (£14,579,000 in 2023 to 2024).

These relate to:

  • licence fees received, due to be released to income within one year of £14,647,000 (£13,954,000, in 2023 to 2024)
  • licence fees received, due to be released to income after one year of £668,000 (see Note 11b) (£625,000, in 2023 to 2024).

11b) Amounts due after more than one year

Amounts due after more than one year
Description 2024 to 2025
£ thousands
2023 to 2024
£ thousands
Deferred income 668 625
Balance at 31 March 668 625

In accordance with IFRS 15, the Commission's deferred income due after more than one year relates to Personal Licence fees paid that are due to be released to income in years 2026 to 2027 onwards.

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