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Report

Trust Statement 2024 to 2025

The Gambling Commission's Trust Statement for the period 1 April 2024 to 31 March 2025

7 - Related parties transactions

The Gambling Commission is a Non-Departmental Public Body of the Department of Culture Media and Sport (DCMS) and as such DCMS is regarded as a related party.

The Commission Trust Statement is required to confirm the financial penalties and the ECL payments which are collected and need to be remitted to the Consolidated Fund, which is administered by HM Treasury. During the year the Commission paid £2,232,000 (2023 to 2024: £18,002,000) to the Consolidated Fund.

During the year, no Commissioner, Executive team member or key manager has undertaken any material transactions with related parties. Further details of the Gambling Commission’s related party disclosures and the Commissioners’ and Executive team’s declared interests and Remuneration are detailed in the Commission’s Annual Report and Accounts 2024 to 2025.

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Events after the reporting period
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