The problem a BMS is there to manage is that cells are typically quite varied in their internal properties, so they have different capacities, resistances, etc., and so charge and discharge at different rates.
The more varied they are, the more likely a condition is to happen over time where the worst cell empties before the best or even average is halfway down, and that can lead to overdischarging and damaging that cell.
The same happens where that worst cell is charging, and fills before the others and then overcharges, damaging the cell.
This damage could lead to a fire.
The differences in properties between cells typically grow worse with time.
A BMS will monitor each cell or group's votlage and disallow further charge or discharge in the event of excessive differences between cells, or if one exceeds a limit.
Also, a BMS is not a current limiter, in the general sense. If designed to do so, it can monitor current and turn off hte ihnput or output completely, but it doesn't do what a charger, controller or inverter would do to limit current but let it still flow by lowering the voltage.
You can run without a BMS as long as you periodically manually check for these differences, and manually correct them when they happen, or replace the cells that are different from the others to eliminate the rpoblem.
Using a higher s-count and charging to lower SoC stresses the cells less, but doesn't prevent the issues above.
I don't know anyone that's done this in the specific situation, but I use a BMSless 4s NMC pack for lighting on my SB Cruiser, and only charge it to 16v (4v/cell) instead of the 4.15v/cell it's meant to. I do this for pack longevity and becasue I don't need 40Ah of lighting capacity. (I also do this with the 14s traction pack). But the cells I use are well-matched in properties and have stayed so as they aged, so I don't get the variation that causes problems BMSes are meant to prevent (but I still periodically check things under load, charge, and statically).
While here, I'll also mention that if you are using prismatic or pouch cells, make sure to use a compression structure on it's large flat faces; see the various posts about cell compression for examples. Some of the used-ev-module sellers have 4s / etc packs built with this structure already, that you can disassemble and reuse the cells and structure.