Our annual reports and financial statements explain the activities we have undertaken as well as our finances and how they are managed.

 

Annual Reports and Financial Statements

Latest Annual Report and Financial Statements

The latest report contains a comprehensive view of the year’s activity. Details include:

  • Strategic and Directors’ Report
  • Corporate Governance Statement
  • Independent Auditor’s Report
  • Consolidated profit and loss account
  • Company balance sheet

Annual Report and Financial Statements 2022/23 (Size: 7.02 MB)

BSC Annual Report 2022/23 (Size: 4.01 MB)

Previous Annual Report and Financial Statements

See details of the previous report.

Annual Report and Financial Statements 2021/22 (Size: 4.24 MB)

BSC Annual Report 2021/22 (Size: 876.07 KB)

If you would like a copy of a previous report, please contact [email protected].

Finances

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.

Elexon Treasury Policy (Size: 381.81 KB)

Agreement 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.