The BID financial year runs from July 1st until June 30th each year, and the BID Levy is collected annually in July. There are approximately 400 hereditaments in the BID area. The Levy applies to all businesses with a rateable value at or above £15,000, including those that are vacant where the Levy is paid by the landlord. Details of BID accounts including the annual report and audited accounts for each year can be downloaded below.
BID Income is primarily made up of income from the annual BID Levy. In addition BID Leamington seeks to raise additional 20% of revenue from the private and public sector though sales, sponsorship and other commercial initiatives. After operating costs all BID income is invested into projects to make a positive improvement to Royal Leamington Spa. Operating costs are kept to a minimum and are closely managed by the BID Director and the BID Board with a high percentage of these operating costs being applied directly to project implementation.
BID income and expenditure is reviewed monthly by the BID Board of Directors.
Annual Report and Accounts
Each year the BID Annual Report is produced in July followed by the Audited Accounts. Copies of the Annual Report can be downloaded as a PDF Document from this page. Please contact us if you would like a hard copy of the Annual Report or to view the Audited Accounts.
Second Term, Year 4: July 1st 2016 – June 30th 2017
► 2016/2017 Annual Report
Second Term, Year 3: July 1st 2015 – June 30th 2016
► 2015/2016 Annual Report
Second Term, Year 2: July 1st 2014 – June 30th 2015
► 2014/2015 Annual Report
Second Term, Year 1: July 1st 2013– June 30th 2014
► 2013/2014 Annual Report
Year 5: July 1st 2012 – June 30th 2012
► 2012/2013 Annual Report
Year 4: July 1st 2011 – June 30th 2012
► 2011/2012 Annual Report
Year 3: July 1st 2010 – June 30th 2011
► 2010/2011 Accounts
Year 2: July 1st 2009 – June 30th 2010
► 2009/2010 Accounts
Year 1: July 1st 2008 – June 30th 2009
► 2008/2009 Accounts