Standards
Bingo and casino technical requirements
Bingo and casino technical requirements under section 85 and section 89 of the Gambling Act 2005.
7 - Intangible assets
Intangible assets 2024 to 2025
| Description | IT Software £ thousands |
IT Software licenses £ thousands |
Total £ thousands |
|---|---|---|---|
| Cost and/or valuation | |||
| At 1 April 2024 | 2,200 | 0 | 2,200 |
| At 31 March 2025 | 2,200 | 0 | 2,200 |
| Accumulated amortisation | |||
| At 1 April 2024 | 1,905 | 0 | 1,905 |
| Charge in year | 194 | 0 | 194 |
| Useful economic life (UEL) | 0 | 0 | 0 |
| Adjustment | (11) | 0 | (11) |
| At 31 March 2025 | 2,088 | 0 | 2,088 |
| Carrying value at 31 March 2025 | 132 | 0 | 132 |
| Carrying value at 31 March 2024 | 315 | 0 | 315 |
During 2024 to 2025, a review of all assets and their remaining UEL resulted in a depreciation adjustment to align assets to the depreciation policy.
Intangible assets 2023 to 2024
| Description | IT Software £ thousands |
IT Software licenses £ thousands |
Websites £ thousands |
Total £ thousands |
|---|---|---|---|---|
| Cost and/or valuation | ||||
| At 1 April 2023 | 6,534 | 432 | 298 | 7,264 |
| Disposals | (4,314) | (432) | (298) | (5,044) |
| At 31 March 2024 | 2,220 | 0 | 0 | 2,220 |
| Accumulated amortisation | ||||
| At 1 April 2023 | 6,356 | 432 | 292 | 7,080 |
| Charge in year | 104 | 0 | 6 | 110 |
| Disposals | (4,314) | (432) | (298) | (5,044) |
| UEL Adjustment | (241) | 0 | 0 | (241) |
| At 31 March 2024 | 1,905 | 0 | 0 | 1,905 |
| Carrying value at 31 March 2024 | 315 | 0 | 0 | 315 |
| Carrying value at 31 March 2023 | 178 | 0 | 6 | 184 |
During 2023 to 2024, a review of all assets and their remaining UEL resulted in a depreciation adjustment to align assets to the depreciation policy.
Last updated: 5 March 2026
Show updates to this content
Formatting changes.