Brilish Association of Friends of Museums - Accounts for Period 1st Februa 2022 to 31st Janua 2023 202212023 202112022 1. Recei ts and Pa ents Account Income Recei Subscriptions Interest Gift Aid ts 17.770.1XJ 32.49 75.04 18,785.00 0.37 75.05 Tradin Conference Dundee Dundee Tour Venice Trip Athens Trip London Trip Member5 Insurance Scheme Journal - Printer's Invoice Error Hamdbook for Volunteers Subscription Refunded Plus uncashed debits for 202012021 4.805.00 7,273.00 7.020.IXJ 1.324.(X) 740.00 37,853 57 0.00 0,00 0.00 36,111.75 174.40 20.00 67.00 1,017.66 0.00 0.00 Total Receipts 76.893 10 56,251 23 Direcl Charitrble Ex Journal Member's Insurance Scheme nditure 5,644.00 18,905 30 5,905.65 22,191.07 Olher Ex enditure Administrationlsecietarial AGM Athens Trip Conference Dundee Council Meetings Dundee Tour Insurance Scheme Refu15 Impact Award London Trip Photocopying Postage Printing RC'5 Meeting Expenses Slalionery Sub5criplion5 PaKI Subscription5 Refunded Sundries Travel Venice Trip Web Design & Maintenance 19,999.92 19,999.92 200 00 0.00 0.00 671.00 0.00 0.00 1,000 00 0.00 0.00 1.693.51 1,116.12 0.00 116.27 1.019.27 0.00 0.00 0.00 0.00 443.55 54.356.36 1,224. 3,077.75 880.35 6.723.(X) 206.50 1.000 660.CKI 6.35 580.03 888 20 485.00 188.87 678.48 6000 18.76 331.07 6.520.00 372.50 68.450.08 Total PaNnerts Net gain perioKJ 8,443.02 1,894.87 Balance at 31st January 2022 52.163.83 2021 50.268.96 Batance at 3151 January 2023 60.606 85 2022 52,163 83
British Association ol Friends of Museums . Accounts for Period 1st Februa 202212023 2022 to 31st Janua 2023 202112022 2. Statement of Assets and Liabilities Monetary Assets COIF Barclay5 Bank 3.362.68 57.244.17 60.606 85 3.330.79 47.400.61 50,730.80 662.00 Less unpre5ented cheq5 Add uncleared credits Plus NFU premium foi Feb deducted 31101122 Total Assets 0.00 60,606 85 2.095.03 52,163.83 3. Restricted Funds We have received permission from the original don(rs of the restricted funds lo incorporaie them into the general fund to enatJe the money to be used for gerEral expen(liture. 4. Unrestricted Funds General Fund Balance at 31.01.23 60.606.85 Total funds lo be carried forward to 202312024 60.606.85 D. Calley Chavman l. the UndÈr5lgrd. have examin& IIE Sts16 of Financiryl AciNls antl BaL3[e SW wlmch are ITr agreement %ilh Ihe books and reCS and Èwanations 10 me. This examinakn has C(ude(l under the piovisions of the Charities Act 1993. Ift my 0tmnK Brre Shea 9¥es a true aNJ f8w Trriew of of thÈ Slate of affair5 at 31 JanLtary 2022. A H Denney Exami Noies 10 l knountirwJ Polie$ 1 The financial slaternprts have beeTr F¢epared reis arxj bays. 2 The chariiy ¢otNPXted lo a Charitatle I{rmed (91$8) athj Thrted ts c[ert 0r*in9 f on 31st January 2015. The thaftiy has no guarartee5 ar has (ktA5. 3 Prts Council England BaL4nce ai 31 January 2022 Awar¢J in Ye Tr5[ 10 General Fund at 31 J¥uary 2023 1.271.64 1.271.64 Nl 4 T¥8vÈl Bursary BaLAn ai 31 January 2022 Award in Ye Transf to Gererdl fLmd BaLn a131 January 2023 3.055.57 3.055.57 S Voluntepr Training Project B8nCe 8131 Jarlljary 2022 YÈ8r TsIerred 10 Geal Bakllce at 31 Jarwry 2023 41.61 Nil 41.67
Dear Fellow Friends, It is with g3t pleasure that I welcome you to the British Associatiort of Friends of Museums, Conference and AGM. We were founded with the belief thatthe best way to support Britain's museums was to join together and become friends of our museums. In this way we have provided thousands and thousands of hours of volunteer setvice. raised inestimable funds, facilitated many, many donations of artifacts and. perhaps, most importèntly created untold friendship5 amongst our supporters. Our conference theme is regeneration, which reminds us that without change we cannot maintain the rich cultural inherrtance of our many host institutions. Many a museum would not exist, but for the efft)rts of friends, groups so let us celebrte these past and continuing achievements. We have had a successful year financFally- During the past year our income has risen from £56.251 to £76,893, a 37% increase. which is gratifying as we had a 15% fall last year. The increase was due to increased events income and a small rise in insurance income. Our net income increased from £1,895 to £8,443. a four-and-a-half-fold Éncrease. Ourtotal funds now stand at £fA),607. Whilst a healthy amount, thi5 represents tess than one yearfs expendtture, meaning that any hjture shocks. which we now know from the pandemic are unfortunately quite possible. could have very adverse and sudden effects. Something we are looking at is how to increase the income from our funds on deposit, however overall financially. we are in a decent positÈon. akhough cautious of the future. The one figure that is not positive is income from memberships. Membership in¢ome fell from £18.785 to £17,770, 3 decaSe of £1,015 or 5.5%. Whilst not a great amount. it Is caused by our long-temi decrease in membership numters and this is indeed worrying. Friends, groups winding up and membership schemes continue to nibble at our group numbers. Yet there are still Friends. groups who are not members of BAFM. We encourage you rfyou are a member or knowofany such groups. to direct them towards BAFM and the benefrts of membership. We also greatly encourage the taking out of indwidual membership of BAFM . We are delighted with the uptake of BAFM events which are both financially beneficial to U5 as an organisation and a bertefrt to those taking part. Local day everkts, such as those in Southampton and Yorkshire, and those further afield and of longer duration. such a5 London, Dundee. Athens and Venice have offered an opportunity for Member5 to get to know other members and to Sha their experien5. Already it 15 a delight to see again newly made friends from recent events. To bring together members from different parts of the country to create new friendships is the very essence of what BAFM does. Our current event is a tour of south Doncaster in conjunrtion with our Doncaster conference. Already, we are planning events for next year, induding trips to LisiKJn, London and another regional tours in conjunttton with our 2024 conferen. A5 has recently been announced. we have a new President in the person of The Lord Cormack. Over many year5 of public Servi Patrick Cormack has been involved in many national, and internatiorbal, cultural bodies. However, he has also been very invofved at a local level in his hometr)wn of Lincoln. This encapsulates BAFM in being a national organisation, and yet always focused on the individual organisattons of which we are made. Lord Cormack is very much a hands-on participant in all that he is involved with and we look forward to beneffting from his great experience.
One of the joys of longevity is that we can have such things as Ie 131 of our Journal. the autumn/winter 2023 edition. From earty days of sticky mimeographed sheet5 to our present 40 page beautrfully produced magazine. the journal remains our principal foim of communication with our members and beyond. In a world where so much is ephemeral, quickly disappearing into the ether. we are commttted to continuing our knng tradition of a members. Journal. We are also very happy to deliver it to those who wish for it in an eIt[On1C format. which is a special cost effectNe way to reach out to our overseas subscribers. Whilst the Journal is put together by our committee, under the very able editorshÈp of David Adgar. it is mostly written by you. so please continue sending articles: we want to know what you are up to, as do your fellow members. As we have mentioned manytimes. BAFM is nothing without its volunteers. These are centred on our regional coordinators, who both look after specific areas of the country and also setve on our governing Council. It is not an onerous role and gives a chance to use one's knowledge and experience to help others in your region and nationalTry- This year we have welcomed several new regional area coordinators: Margaret Stebbin& Gillian Ferguson and Kathleen Jone5. Already, their contribution5 have made a positive difference and we look foNard to many year5 of friendship with them. There are still a couple of vacancies. so if you are interested in helping out let us know. We are giving out three avrards this year. the Friends of the Year Award. the Young Professional of the Year Award and our 5rrected Newsletter Award. All of these recognise the excellence of what our members do and allow the $t of us to be inspired. Our spring Journal will have articles on the winners. For nexr year we are looking for entrnnts for our award for young museum professionals. This is open to young professiona15 from any of our host organi5ations. The award can be used for professional related travel or project costs. It is an excellent opportunity to help a museum professional at the start of their career. As we celebrate our So anniversary it is timely to remember all of those who. over the decades, have created and sustained this great British institution. the 8ritish Association of Friends of Museums. Sincerely, Daniel Calley Chairman