BSAC

Report of Council
The members of council present their annual report, together with the financial statements of the company and the group for the year ended 31 December 2005 on pages eight to twenty one.

Principal Activity
The principal activities of the group in the year under review continued to be that of promoting underwater sport, exploration and science and related studies, to promote safety in those activities, to maintain the highest standards therein, to co-operate with related organisations, and to sustain recognition as the governing body for all such amateur activities.
Council
Council are the directors of the BS-AC, and details of the individuals and positions held since 1 January 2005 are included on page five of the report and accounts.

Audit Committee
A full list of the members of the committee is included on page five.

Statement of Directors' Responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and the group and of the surplus or deficit of the company, and the group for that period. In preparing those financial statements, the directors are required to

• select suitable accounting policies and then apply them consistently;
• make judgements and estimates that are reasonable and prudent;
• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Statement as to disclosure of information to auditors
So far as the directors are aware, there is no relevant audit information (as defined by Section 234ZA of the Companies Act 1985) of which the company's auditors are unaware, and each director has taken all steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Charitable Donations
There were no charitable donations made during the year.


By order of the Board.

A Hall
Company Secretary

M K Todd
Honorary Secretary

11 March 2006