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|Academic Awards|Academic Awards|Academic Awards|2021|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Sarah Claydon||continues
to provide
extensive||and patient assistance||||to||the Academic||
|Awards Committee.|||jointly led by Carrie de Silva|and Kate irving.||||||||
|The date ofthe||acceptance ofScholarship
applications
is early|||||March.||The applications|||
|are
reviewed||by|two/three
academics
to assign|||subject
specialist|||assessors.
The|||
|management|of this stage continues to be demanding|||||as assessors are not always willing||||||
|or available.|and||further
subject specialists
need to|||be sourced.||Following|||specialist|
|assessment, an||extended
shortlist
isreviewed
bya|||small|team. A|maximum|||of 18are called||
|to interview over two days which will take place||||at Head Office in Battersea Park|||||||Road on|
|19'h-20'" July 2022.||||||||||||
|Table 1.The BFWGAcademic Award winners for||||2021||||||||
|Winner,
Insfftuffon,
Discipffne|||Tiffe|||Name ofAward|||||Value|
|Susanna Freer|||Teraherlz Evanescent
Field|||Margaret
K BDay||||||
|Birmingham|||Imaging and Sensing for|||||||||
|Physics|||Biological Applications|||||||||
|Anya Perse|||The Moralising
World on aSheet:|||Helen Rosenau||||||
|Oxford|||The Invention,
Rise, and|||||||||
|Art A Design|||Dissemination
ofthe Venetian|||||||||
||||Moralising
Print in the second|||||||||
||||half ofthe Sixteenth Century|||||||||
|Ance Rujan|||Israel's Unwanted:
The|||Johnslone|B,Florence||Stoney|||
|UCL|||Experiences and Mutual|||||||||
|Area Sturtes|||Interactions
of Ethiopian Jews|||||||||
||||and African Asylum Seekers in|||||||||
||||Contemporary
Israel|||||||||
|Sofya Anisimova|||Russian
Military Strategy and|the||JBarbara Northend||||||
|StAndrews|||Entente
in the First World War,|||||||||
|History|||1914-17|||||||||
|Jennifer McDerra|||Finding Gladys Lindo: The|||Caroline Spurgeon||||||
|UEA|||Problem with Pioneering
Women|||||||||
|En
lish||||||||||||
|Marlbel Schonewolff|||Studying
Ubiquitin
Regulation||of|Ida Smedley MacLean|||||E1,000|
|Oxford|||Inflammatory
Signalling
using||an|||||||
|Biological Sciences|||integrated
structural|||||||||
||||biochemical,
and biophysical|||||||||
||||a
roach|||||||||
|Niamh McNamara|||Investigating
the role of|||Winifred
Culffs||||||
|Edinburgh|||microglia
in central nervous|||||||||
|Biological Sciences|||system white matter health and|||||||||
||||injury|||||||||
|Emily Hull|||Irving
Kristol:
Cold
War
Liberal|||CaroffneCoignou||||||
|UCL|||and Conservative|||||||||
|Histo||||||||||||
##
|RUSTEES' REPOR|T FORTHEYEARENDING 3|1stDECE|MBER2|
|---|---|---|---|
|Eoe Melvin|The impact ofhuman|Kathleen|Hall|
|Bangor|disturbance
on the African red|||
|Biological Sciences|colobus monkeys: a multi-scale|||
||and multi-species
approach|||
|Amy Beddows|Women's Experience of Victim|Beanor|Rathbone|
|London Metropolitan|Blame from Agencies|||
|Sociolo||||
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|||||2021|2021|2021|2020|2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Restricted|Expendable||Restricted|Expendable||
|||||Funds|Endowment||Funds|Endowmeat|Total|
||||Note|||||nf||
||||2|360||360|5,966|||
||||2||||3,949||3,949|
||||3|28,453||28,453|27+55||27+55|
|Total income||||||28,813|37,470||37,470|
||||4|stt,177||40,177|57,431||57,431|
|Tonal expendinue||||||40,177|57,431||57,431|
|Net income / (expenditute)||before net||||||||
|gains / (tosses) on investmenm||||(11,364)||%364)|(19,961)||(19,961)|
|Net gains / 0osses)|on investments||||43,150|43,150||42,645|42,645|
|Net income / (expenditure)||forthe||||||||
|year||||(ll+64)|43,150|31,786|(19,961)|42,645|22,684|
|Transfers betwem|funds|||5,956|(5,956)||(11714)|11314||
|Net income / (expenditure)||before||||||||
|other aecognised gains and||losses||(5,408)|37,194|31,786|(31,175)|53,859|22,684|
|Net movement
in|funds|||(5,408)|37,194|31,786|(31,175)|53,859|22,684|
|ReconctTtation offunds:||||||||||
|Total funds bmught|forward|||46,633|847,034|893,667|77,808|793,175|870,983|
|Total funds canied fotwmd||||41+25|884ittg|925,453|46,633|847,034|893,667|
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|Fo|rthe yeat ended 31December 2021||||||
|---|---|---|---|---|---|---|
|1|Acoounnng
pohcies (conrinued)||||||
|g)|ExpenrHtme
and irrecoverable
VAT
Expemfiture
is uxoguised
once theta is a legal or~obligation
to make a paymeut
iu|a|third party,|||it is pmbsble
that|
||settlement
will be reqmmd
aod the amount ofthe obligation
can be measured
reliably. Expeuihture
scrisdty~|is||dassified|under the following||
||Coax ofuusing funds comprise of trscfiug mats and the costs iu«mxed by the cbsrity in inducing third pames to make volunuuy
conmbutions
to it, as wefi as the costofauy actividcs with a fundrsising
purpose.
Expenditore
on cbaritable
activities indudes
the costs ofdefivering
services,~to further
the pntposes ofthe charity||||||
||aud their associated support costs.||||||
||~
Other expenditore
reptesents
those items not 6dliug into sny other heading.||||||
||Irtecovemble VAT isrouged as acost against the acrivity for which the expendiuue
was mcurred||||||
|h)|llocation ofsupport costs||||||
||Support costs ate those funcrions
dmt assist the work of the charity but do not direcdy undemlm|cbaritable activities. Suppiut costs|||||
||include back office costs, fiuanm, personnel,
paymg and governance
costs which support the Tmsts|pmguuumes|||snd activides. These||
||costs have been agocasrd to the expenditure
on chantable
activities. The bases on which support costs||have been||allocated ate set out||
||in note A||||||
|i)|Tangiqile fixed assets||||||
||Items ofequipment
sre capitaliscd where the pmchsse price exceeds LS00.Depredation
is provided|at||maes calculaud to write down|||
||die cistofeach asset to its estimsuri
residual value over its expected useful Bfe.||||||
|i)|listed tnestmtmts||||||
||Investments
sre afoun ofbasic financial iustnunent
aud are iuiriagy recognised
at their trsosaction|value sod subsequendy
measumd|||||
||at their 6ur value as at the balance sheet date using the dosiog quoted market price. Any change in 6dr||value will||be mcoguised in the||
||stamnent of6nancial activities.||||||
|k)|Debtors||||||
||Trade and other debtors sre recogmscxl at the setdement
amount due after sny ttsde discount o(fared.|||Prepaynen||is ate valued at the|
||srsount puqmd
net ofany tnule discounts
due.||||||
||Cash atbank and in hand||||||
||Cash at bank and cash in hand includes cash.||||||
|m)|Ctuditom
and pmvlsions||||||
||Creditors snd provisions
are recognised where the charity hss apresent obligation
resulting
&om a past|||event that|wiii probably result||
||in tbe transfer of funds to a third patty and the amount
due to settle the obhgsnon
can be measured||or catenated|||reiubly. Creditors|
||snd provisions
are nonnagy
recognised at thrir sctdcment
amount after sfiowing for any tmde discounts|||due.|||
|n)|Financial iustrtunents||||||
||The charity
only has financial
assets snd 6nsncial
habiTities of a kind that
qualify
ss basic finsnosl|||instruments.
Basic financial|||
||msinuneu
ts are iuitisfiy recognised at transaction
value snd subsequently
measured at thar settlement|value with the exception ofbank|||||
||loans which src subsequently
measured
at amoriised cost using the effecnve mterest method.||||||
##
##
|Income &om donations
and legacies||||
|---|---|---|---|
||2021|2021|2020|
||Restricted|Total|Total|
|Asvards
admin fees|||3,949|
|Donations
Memorial book|350
10|350
10|5,870
96|
||360|360|9,915|
|2021|2021|2020|
|---|---|---|
|Restncted|Total|Total|
|1|1|10|
|28,452|28,452|27,545|
|28,453|28,453|27,555|
##
##
|Analysis ofexpen|di|nue||||
|---|---|---|---|---|---|
||||Charitable|||
||||activities|2021Total|2020Total|
|Direct costs||||||
|Gmnt awards|made||1&,000|18,000|34,500|
||||18,000|||
|Support costs||||||
|OfEce admin|fees||||506|
|Brokerage costs|||12,458|12,458|12,055|
|Portfolio fees|||150|150|735|
|Prize regauhng||RPD day|120|120||
|Subcontracted||awards admin fees|1,790|1,790|1,975|
|Subscription|fees||760|760||
|Rates|||516|516|550|
|Telephone
and||internet|695|695|342|
|Dropbox|||1,080|1,080|648|
|Sundry|||||26|
|Trustees' travd|||||52|
|Utilities|||210|210|331|
|Website hosting|||58|58|231|
|Printing, Postage and stationery|||65|65|80|
|Accountancy|fees||900|900|900|
||||18,802|18,802|18,431|
|Governance
costs||||||
|Auditors'
remuneration|||3/75|3,375|4,500|
||||3,375|3,375|4,500|
|Total expenditure|||40,17?|40,177|57,431|
##
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##
|||2020|
|---|---|---|
|ABinvestments
ate held on arecogoised Stock Exchange|||
|Market value at the start ofthe yeat|846,182|791,827|
|Additions
at cost|4,$50|23,765|
|Disposals atcsnyiog value|(12,458)|(12,055)|
|Net gain/0oss)
on revaluation|43,150|42,645|
|Market value atthe end ofthc year|8$1,724|846,182|
|Historical cost|800,067|749&825|
||Holding||
|---|---|---|
||(Umts)||
|Baillie Giliotd Global Income Gmwth BInc|5,037|52,386|
|Fidebty Short Dtd Corp BdWInc|5,521|50~3|
|Ninety One Divcrsiged Income JInc-2 GBP|51,764|51,319|
|Schuxler US Equity Income Maimisrx LInc|85,289|59,916|
|Vanguard FISEDeveloped World ex-UK Equity Index IncGBP|115|50,792|
##
##
##
|8|Debtom||||
|---|---|---|---|---|
|||||2020|
||Other debtors|||852|
||Accrued|income|||
||||M&4|852|
|9|~t amounts Sdsng due within one year||||
|||||2020|
||Amount|owed to BFWO|4S03|1,535|
||Accruals||3375|4,725|
||||4,&78|6~0|
|10|Analysis|ofnet assets between funds|||
|Analysis ofnet assets between funds|||||
|---|---|---|---|---|
||||2021|2020|
||Restdcted|Endowment|Tonal|Total|
||Funds|Funda|Funds|Funds|
|Fixed Assets|||||
|Tangible Gxed assets|||||
|Investments||8&1,724||846,182|
|||881,724|881,724|846,182|
|Cunent Assets
Other debtors|||~4|852|
|Cash atbank and in hand|46,103||46,103|52,893|
||46,103|2,504|48,607|53,745|
||(4,878)||(4,878)|(6~0)|
|Net cunent assets|41~5|2,504|43,729|47,485|
|Total net assets|41rt25|8&4t22&|925,453|893,667|
##
|11|Movements|in funds||||Incoming|Outgoing|||
|---|---|---|---|---|---|---|---|---|---|
|||||At|the start|resources &|resources &||At the end of|
|||||ofthe year|||losses|Tmusfers|the year|
||Restricted|funds:||||||||
||International|Fellowship|fund||9,865|886|(309)|257|10,699|
||BFWGScholarship
fund||||36,768|27,927|(39,868)|5,699|30,526|
||Total testricted funds||||46,633|28,813|(40,177)|5,956|41/25|
||Endowment|funds:||||||||
||International|Fellowship|Fund||26,402|1.331||(257)|27,476|
||BFWGScholarship Fund||||820,632|41,819||(5,699)|856,752|
|||||847,034||43,150||(5,956)|884~|
||Total funds|||893,667||71,963|(40,177)||925,453|
##
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|Statement ofFinancial Activities|Statement ofFinancial Activities|International|||
|---|---|---|---|---|
||||BFWG|Total|
|||Fellowship|Scholarship|Restricted|
|||Fund|Fund|Funds|
|Incoming xesources|||||
|Donations snd legacies|||||
|Awanls admin fees
Interest, exr~and dividends||886|27,567|28,453|
|||886|27,927|28,813|
|Resources expended|||||
|Awauls
Pxize~RPD day|||18,000
120|18,000
120|
|Brokerage costs|||12,149|12,458|
|Ponfolio fees|||150|150|
|Pdnting, postage and|stationery||65|65|
|Subcontracted
awards|adxnin fees||1,790|1,790|
|Subscxiption
fees|||760|760|
|Rates|||516|516|
|Telephone
and internet|||695|695|
|Dmpbox|||1,080|1080|
|Website hosting|||58|58|
|UtiTities|||210|210|
|Accountancy
fees|||900|900|
|Auditors'
remuneration|||3,375|3,375|
|||309|39,868|40,177|
|Net incoming resources||577|(11,941)|(11,364)|
|Transfer between
funds||257|5,699|5,956|
|Bmught forward||9,865|36,768|46,633|
|Carried forward||10,699|30,526|41,225|
|Balance Sheet|||||
|Fixed assets|||||
|Investments
at market|value||||
|Bank lmlances
—Held|byBFWG|10,699|35,404|46,103|
|Debtors
Other debtoxs|||||
|BFWG-Inter-fund|||||
|Cteditors
Amounts|owed by the Federation||(1,503)|(1.503)|
|Accruals|||(3,375)|(3,375)|
|||10,699|30,526||
##
##
|International|BFWG|Total|
|---|---|---|
|Fellowship|Scholarship|Endowment|
|Fund|Fund|Funds|
|Incoming resoutces||||
|---|---|---|---|
|Donations
and legacies||||
|Interest and dividends||||
|Resources expended||||
|Grants||||
|Administration
expenses||||
|Net incoming resoutces||||
|Other recognised gains and losses||||
|Gains/(losses)
on investment|1331|41,819|43,150|
||1,331|41,819|43,150|
|Transfer
between
funds|(257)|(5,699)|(5,956)|
|Bmught forward|26,402|820,632|847,034|
|Carried forward|27,476|856,752|884~|
|Balance Sheet||||
|Investments
at market value|27,398|854,326|881,724|
|Other debtors|78|2,426|2,504|
||27,476|856,752|884,228|