Corporate and Financial Information

Annual BSC Report 2010/11

The Annual BSC Report summarises the Panel's and ELEXON's activities for the past BSC year. More information is available in the Quarterly Reports and monthly BSC Panel Reports.

ELEXON Quarterly Reports

View the latest report online here, and download archived previous reports.

ELEXON Limited Annual Report and Financial Statements 2011

The financial audit for year ending 31 March 2011 was successfully completed and the Annual Report and Financial Statements were signed off by the ELEXON Board and our auditor Deloitte LLP.

The ELEXON Report and Financial Statements are prepared as required by company law and in accordance with Section B6 of the BSC. The maintenance of the ELEXON website is the responsibility of ELEXON. The work carried out by the auditors does not provide assurance on the maintenance and integrity of the website, including controls used to achieve this, and in particular on whether any changes may have occurred to the financial statements since first published. These matters are the responsibility of the directors but no control procedures can provide absolute assurance in this area.

Legislation in the United Kingdom governing the preparation and dissemination of financial statements differs from legislation in other jurisdictions.

Customer Satisfaction Survey 2011

Our annual Customer Satisfaction Survey for 2011 was conducted by independent research company, Researchcraft, in June and July 2011. The results are available below.

ELEXON Business Ethics Policy

ELEXON Environmental Policy

We recognise that our operations inevitably have an impact on the environment. ELEXON is committed to respecting the environment and seeks to minimise the potentially harmful effects of its activities as far as reasonably practicable. Where practical, ELEXON will seek to use providers who have environmental policies compatible with its own. The objective of ELEXON's environmental policy is to aim to continually monitor and reduce its impact on the environment through the use of recycled resources, recycling, safe disposal of electrical and hazardous waste, redundant stationery & equipment, and energy saving measures.

Agreements with Tax Authorities

This document sets out the current agreements with the relevant tax authorities regarding Corporation Tax, Income Tax and Value Added Tax for both ELEXON (BSCCo) charges and trading charges. These agreements are referred to in Sections D 2.4.1 and N 5.1.1 of the BSC.

ELEXON Treasury Policy

This policy sets out the appropriate parameters as deemed fit by the Board for ELEXON’s banking arrangements, in order to minimise counterparty risk, while delivering a reasonable rate of return on the ELEXON Group cash balances and being able to meet the organisation’s financial obligations.

 Treasury Policy