Budget

Financial Management 

  • The Angel BID Ltd Board will approve, in advance, an annual budget for the BID for each financial year
     

  • Angel BID Ltd will not be able to operate in deficit or incur liabilities that come into effect after the proposed operational period (i.e., 1 April 2027)
     

  • Angel BID Ltd will produce annual accounts for each financial year. These will be independently audited and available to all BID levy payers and the Local Authority
     

  • The Angel BID Ltd Board will decide how any unspent or additional income should be utilised 

Performance Measurement 
 

  • Performance will be measured through a comprehensive range of KPI’s and milestones
     

  • An annual survey of all members will be conducted to measure member satisfaction and priorities