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 Refu￿15
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 cheq￿5
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 UndÈr5lgr￿d. have examin& IIE Sts1￿6￿ of Financiryl AciNl*s antl BaL3[￿e SW wlmch are ITr
agreement %*ilh Ihe books and reC￿￿S and Èwanations 10 me. This examinakn has C(￿ude(l
under the piovisions of the Charities Act 1993. Ift my 0tmnK￿ B*rre 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 Poli￿e$
1 The financial slaternprts have beeTr F¢epared re￿i￿s arxj bays.
2 The chariiy ¢otNPXted lo a Charitatle I￿{￿r￿med (￿9￿1$8￿*) athj ￿Thr￿ted ts c￿[ert 0￿r*i￿n9 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
Tr￿5[￿￿ 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
BaL￿n￿ a131 January 2023
3.055.57
3.055.57
S Voluntepr Training Project
B8￿nCe 8131 Jarlljary 2022
YÈ8r
T￿sIerred 10 Ge￿al
Bakllce at 31 Jarwry 2023
41.61
Nil
41.67

Dear Fellow Friends,
It is with g￿3t 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 dec￿aSe 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
experien￿5. 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 I￿￿e 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 ￿5￿rrected 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