BSS Financial Information
The Scheme aims to be self-financing. It doesn't plan to make a profit, but nor does it aim to make a loss. Simply put, the Scheme's aim is to cover its costs.
It will continue to invest in improving customer service to all Navigation Authorities and inland waterways boaters as well as risk mitigation initiatives.
The BSS is subject to Canal & River Trust financial controls, reporting requirements and auditing processes.
At financial year-end the BSS, in conjunction with the Canal & River Trust financial team produces a set of complete and comprehensive financial accounts for the BSS, including narrative, conclusion and recommendations for the BSS Management Committee (BSSMC) reports in June/July.
Note
It should be noted that up to 2016 costs and income below are grouped in order to facilitate publication.
| Information agreed by BSSMC | ||
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Published results for FY 2021/22 |
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Profit and loss accounts |
Plan |
Actual |
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External Income |
896,544.46- |
950,703.46- |
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Payroll Costs |
322,085.70 |
324,733.82 |
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Staff Related Costs |
27,126.38 |
22,415.49 |
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People costs |
3557.20 |
2380.52 |
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Materials & Contract |
24,543.25 |
24,812.27 |
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Other Utilities |
0.00 |
670.00 |
|
Mobile Phones |
1,047.38 |
991.82 |
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Office Costs* |
49,485.39 |
38,059.48 |
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Marketing/Publications |
1,139.46 |
1,055.46 |
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Professional Fees |
459,596.00 |
529,931.48 |
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Non-Operational Costs |
4,409.13 |
4,490.63 |
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Other Costs |
1,117.07 |
1,114.37 |
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Controllable Costs |
894,106.96 |
950,937.84 |
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Total |
2,437.50- |
48.12- |
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* Office costs includes Meeting costs, printing, postage, subscriptions, computer costs
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Published results for FY 2020/21 |
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Profit and loss accounts |
Plan |
Actual |
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External Income |
733,800.00- |
727,168.00- |
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Payroll Costs |
298,910.44 |
305,967.90 |
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Staff Related Costs |
24,777.14 |
24,465.14 |
| People costs |
1,860.08 |
1,705.08 |
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Materials & Contract |
5,000.00 |
4,536.04 |
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Other Utilities |
2,255.00 |
1,845.00 |
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Mobile Phones |
1,140.46 |
1,786.52 |
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Office Costs* |
30,170.52 |
26,906.11 |
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Marketing/Publications |
8,890.00 |
10,410.00 |
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Professional Fees |
358,964.04 |
343,826.17 |
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Non-Operational Costs |
874.43 |
1,272.14 |
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Other Costs |
14.39- |
11.67- |
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Controllable Costs |
732,827.72 |
722,708.43 |
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Total |
972.28- |
4,459.57- |
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Published results for FY 2019/20 |
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Profit and loss accounts |
Plan |
Actual |
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External Income |
565,525.00- |
558,115.64- |
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Payroll Costs |
293,831.45 |
294,310.19 |
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Staff Related Costs |
30,447.77 |
25,837.49 |
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People Costs |
601.21 |
3,886.27 |
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Materials & Contract |
0.00 |
2,230.10 |
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Other Utilities |
2,425.83 |
2,630.83 |
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Mobile Phones |
2,000.00 |
1,514.29 |
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Meeting Costs |
4,000.00 |
3,450.54 |
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Stationery & Printing |
9,000.00 |
9,012.61 |
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Postage |
5,000.00 |
4,114.72 |
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Subscriptions |
1,650.69 |
4,308.61 |
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Computer Costs |
17,000.00 |
21,176.81 |
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Professional Fees |
172,010.00 |
174,514.80 |
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Non-Operational Costs |
635.41 |
730.38 |
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Other Costs |
701.29 |
825.05 |
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Controllable Costs |
539,303.64 |
548,542.69 |
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Total |
26,227.36- |
9,578.95- |
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Published results for FY 2018/19 |
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Profit and loss accounts |
Plan |
Actual |
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External Income |
601,000.00- |
620,147.62- |
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Payroll Costs |
261,972.11 |
260,065.95 |
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Staff Related Costs |
12,854.44 |
13,472.43 |
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People Costs |
1,509.38 |
1,619.58 |
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Materials & Contract |
2,730.26 |
2,906.77 |
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Other Utilities |
3,000.00 |
2,289.17 |
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Mobile Phones |
840.09 |
928.62 |
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Meeting Costs |
3,128.66 |
3,457.46 |
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Stationery & Printing |
14,000.00 |
9,762.13 |
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Postage |
5,500.00 |
3,640.10 |
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Subscriptions |
1,926.26 |
2,111.57 |
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IT Costs |
14,000.00 |
11,706.00 |
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Professional Fees |
278,500.00 |
297,427.90 |
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Non-Operational Costs |
1,090.71 |
695.81 |
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Other Costs |
68.39 |
263.89 |
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Total Controllable Costs |
600,621.70 |
610,347.38 |
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Total |
378.30- |
9,800.24- |
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Published results for FY 2017/18 |
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Profit and loss accounts |
Plan |
Actual |
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External Income |
478,519.00 - |
493,512.75 - |
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Payroll Costs |
229,825.79 |
230,803.54 |
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Staff Related Costs |
22,198.74 |
15,241.70 |
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People Costs |
1586.69 |
1534.14 |
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Materials & Contract |
738.34 |
0 |
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Other Utilities |
2,502.50 |
2,502.50 |
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Mobile Phones |
1,134.99 |
1,198.66 |
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Meeting Costs |
2,005.71 |
2,475.42 |
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Stationery & Printing |
12,612.72 |
13,757.16 |
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Postage |
2,387.28 |
5,248.24 |
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Subscriptions |
728.33 |
1,115.83 |
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IT Costs |
18,162.00 |
16,062.00 |
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Professional Fees |
168,000.00 |
185,620.95 |
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Non-Operational Costs |
2,338.66 |
2,529.69 |
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Other Costs |
1022.12 |
1208.72 |
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Total Controllable Costs |
465,243.87 |
479,298.55 |
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Total |
13,275.13- |
14,214.20- |
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