Standards
Bingo and casino technical requirements
Bingo and casino technical requirements under section 85 and section 89 of the Gambling Act 2005.
12 - 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.
Last updated: 15 October 2025
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