# The Business Improvement Districts (Property Owners) (England) Regulations 2014, Paragraph 1


For each year a billing authority which is required to keep a BID Revenue Account (“the account”) shall carry to the credit of the account amounts equal to the items listed in this Part of this Schedule.
Item 1: BRS-BID revenues
Sums receivable for the year under sections 43 of the 2003 Act and paragraph 3 of Schedule 2 to the 2009 Act.
Item 2: income from BRS-BID services and facilities
Sums receivable by the authority for the year in respect of services or facilities provided by it (excluding contributions made by it to the BRS-BID under section 43(2)(a) of the 2003 Act) under the BRS-BID arrangements.
Item 3: reduced provision for bad or doubtful debts
The following, namely—
(a) any sums debited to the account for a previous year under sub-paragraph (a) of item 3 of Part 2 of this Schedule which have been recovered by the authority during the year; and
(b) any amount by which, in the opinion of the authority, any provision debited to the account for a previous year under sub-paragraph (b) of that item should be reduced.
Item 4: credit balance from previous year
Any credit balance shown in the account for the previous year.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111122006/schedule/3/paragraph/1 (the official version)
Page: https://openlegislation.uk/draft-business-improvement-districts-property-owners-england-regulations-2014/schedule-3/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.