BRITISH FEDERATION OF WOMEN GRADUATES
C￿￿￿ty NIK 273043
REPORT AND AccouNrs
FOR THE YEAR ENDED
31" DECEMBER 2022

Charities AdMI￿tered by the
British Federation of Women Gtaduates
NW6 2EG
75 MAyBTr)v¢ Ro•1
NAtWui BAnk pk
66168 5t John'x Ro
LfjthSWIi IPB

TRUSTEFS. REPORT FOR THE YEAR ENDING 31st DECFMBER 2(Y22
Tnjslees dwlng the ye￿.
Professor C(7rE de si￿0 LB IHonsl hAA PGCE FHEA (Char)
Emerilus Profe55(K Kale kving Bsc (Hor61 PGCE IASC PhD {Secret(xyl
Profess￿ Joyce Goodman Cert Ed (QTSI BEd (Honsl MEd PhD ATCL
Ms Jennie Londsberg 8Ed {Hon51 MEd NPQH IFinancel
Dr Kri5to McLennan BSC (Honsl hASc PhD MRSB SFHEA PGCTHLE
evic MA Msc hAagist(Y PhD FHEA
The Trustees yesent ther report ond finoncM]I stotements for the yery ended 31 December
2022. This repcxl also covers Ihe Inlemok>nol Fellowship Fund Vth￿h s part of the BFOIG
schok]￿hlp Charity (with a sepcyale bank accounl and separote accounts Fxesented lo
the Annuol M881ing and to BFWGI. The fund5 for the Interna￿)no1 Fellowship ore from o
legacy which stipukjled thot income shoukj be appffied to an award determined by t
International Federalts)n of Women (knILKzles Inow (>oduate Women 1ntemot1or￿1j
normally in the name of an eoty BFWG Preydent. The Trustees Cl￿r￿} that all finortiol
stotemenls compty vith current stalulory requyements. the Memorandum ond ArticSes of
Association. Ihe Scholarship Fund Trusl Deed and Ihe Slaternent of Recomm8nd8d
Proctice ISORPI-Acc0untw￿ orKI Rep￿ry by Ch(wities. appkable to chthies prepcxing
theiraccounts IFRS 1021.
In corrwng out thek thlles Trustees have had re￿￿d lo the Chcxlty Comntsslon's
gLMdonce on pvbk benefil.
The purpose of BFWG SCh0b￿hp Fund. as descnl)ed ￿ tts Deckyation of Tnjst
document. Is Ihe thyarding of scholov5hips. rrK]king gronts and thns. and tjwarding prizes
for the purF)ose of promoting or furtheriro post-gc￿￿Vale educalion of women of any
noticnalty. The frst oward f(x academr reseorch was given by the British Federation of
Universty Women in 1911 now krM)wn a5 th8 Brit￿h Federalion of Women Groduates
IBFWGI. Since then Ihe Federalion has continued to give (Jwards ond cU￿enty does so
on on annual basi%. to women doclorol students ncxmalty entering ther third ye(x (pro rala
for part lime students) at UniV￿ty in ErKJh3nd. Scotland CY Wales. The awards moje
by the BFWG Scholorship Awcrds Committee based on acaderric eXCel￿nCe and bolh
written and oral commun￿ation of Iher prqecl.
The Trust also funds on annual Research Presentations Davy. where doctoral sludents
present Iheir work. V*i*h the emphay5 on transk]IM)n of otlen corrwlex ideas to o non-
specia￿t audience.

The schok]r5hip Fund Trustees hove meet three times in the w. olong with o publc
meeting at the BFWG AGM. These meetings cre (normal￿} n February, M(ry and
November. with the pubk rrttliThJ in j￿). In al meelirys were orfine.
11 is likety thot. the Intst h(we at lea51 Or￿ On￿ne meeliro per yecr Ipkjs Annuol
Public Meeting algned with Ihe BFWG AGMI, saving costs from pa51 Wac1￿ of ttwee
London meetings each ye(J.
Chcth is a Twst. govemed by its Deckralion of dated 91h Juty 1983. ￿ TnJ51ees
are oppointed by the existi￿ ￿0Up ofTrustees orKJ are nonnalty but mt excknsNety. drawn
from the membethip of Ihe Briltsh FederotK)n of Women Grcxluates. Appointment5 are
approved by the Councli of Ihe Federatk)n al its Anwal General Meeting held every Juty.
Intere51 in becom1￿ o rne1rt￿ is sought from Ime lo trne trfough the BFWG'S new51ett
distributed to all member5. os well os through extemal chonnels. The 5electr)n of
candidates lor Tntsteeship 15 based on relevant experience or interests. which need nol be
os on 0C¢xJeM￿. IT￿tee5, oppointrnents are for an IrwlKJI ttyee years. renewable lor a
further t￿ee years. after the Tru51ee musl stand down. sem￿st￿tured briefmgs f¢
both prospecfve Irvstees. and for induction of new Injstees. hos been developed lo
ensure a full apprechJlM?n ol bolh legcl oblwticrs and tnjst operat￿.
Six twstees v4ere in pkxe ￿ 2LY22: ProfesKx Ccyrie de sI￿a (Chak ofTrustees. whose second
tem of Ol￿e expres in >J231, Emerilvs Professor Kate lelected Secrel(xyl, Dr Mifjana
RadNojevié, Professor Joyce Goodrron ormy Jennie Landsberg ltscol responsibifity). Ex
offkio: The 8FWG Pre%dent has, in the p051 ottended. Mcre recenlty. a Managemenl
Team membef hos been nomnaled.
New Trustees ¢Je invited lo atterKJ o meelw)g ol the Tnjstees before Ihey lake up thelr
positlons. They are rYovKJed with the Terrrs of Refere￿e Trustees ond a Master
docurnent lo help them beam obovt role. wilh an onlne inductN)n session.
Representatives of ow kndepend8nt Frnncid A(fvtser. C￿lse de Vere ond o
accountonts and ouditor. Goloknins Ch(xtefed Accountants. c<)ntinue lo attend crfjr
meetings to give final￿K]I vpdate5 and ond Iheff inwl demonstrotes not onty Ihe
eXem￿Ory wofessi¢)rx]l integrity expecled of such odvisers but a very per50r¥Jl
engogement vAth Trust ond Tnjstees. wh￿h 15 highty volued. Ihe AnrMKJI Report ond
Accounts wll be ovaikjble on the websrte bef(xe ￿ AGM. A sep(rote report on the
finances ￿￿11 be provided. The Trvslees ageed to lund5 avalable to be (Th(xded n 2023
of £20.CW. In 2(Y2Z £20.IXLI v￿5 awarded.
We gralefuty acknovledge tt)e *ies and ¢*)nath recerrfed ttyough Ihe year.
The legacies, donations and mem¢)rK]I book up to M(Tch l)23 amounted lo £360.

TRUSTE&S' REPORT FOR IHE FNDtNG 31st DECEMBER %r22
J1**
The Academ￿ Awcxds C(¥nmittee 15 iontty led by Ccyrie (* Silvo ond Kate kving. with
admini5tralNe suppcKt.
The ck)sing dale fcK Academrc AW￿d$ appkatior6 is eth M(¥ch. The applcations (Je
reviewed by an ocodenNcs vh)0 assigns wbject speciotst assesTh. The management of
thi5 stage conlinues to be demanding as assesscxs ue rK)t oKvay5 wiring ￿ avoilabte. and
ftjrther subject sPec￿rtsts need to be sovrced. Folovitng specialist (we55ment, an
extended shortbl 15 reviewed by a smoll leom. A ffthimum of 18 are cal￿d lo interv
over days. U5ualty in London.
Table l. The ￿P￿G Ac(xlemk Aw(wd wlnnera lor 2022
N(rn al Awryd
Va
Krlsllna Arekelyan
Klrfs. London
Portfolk) of comp051tlon5 and
commenLiry (diab4￿. themes
and transfomiatbonsl-variatlons
Informed by extra-mu5ical stimuli.
Success FKtors FaaI1tatir￿ Care
Our1￿ Exalatlon ISUFFICEI- an
examination of preventable deaths
in hospital and the Wa￿1ceS
leadi￿t0 prevention.
Fomiallslrvd comblnatorlal
structuresand yoof techniques
uslrq proof asslstsnt software,
Isabelle/HOL Ihigher order logicl.
Conceptualising climate tha
adaptation justke In Scodand. wlth
case stuthy based on S(th UISL
(l[￿ring the SoLrth: an
examination ol queer theory
thr￿￿ the work of Slcilian film
dlrert¢f. Emma Dante Ib19671.
Unl¥erslty
Nur51
Chelsea EthMds
£25(M)
VEA
Alke Parmlo
E25(Xl
Fum
Our winner5 <re gr¥en a one-yeorcomplmenlcry membership to BFWG. This hets to
rai58 OLf F￿ofile ond. vthlst few go on to join the folh)vAng ye(y. ti fLKthers tt)e links with the
orgCmi5a￿n ond. il ts hoped. reops benef￿ in tuhjre. The monies cye paky from the
Schokyship fund. Letter5 of coryatulations are sent to (Thv(wd V￿nne￿ by both Ihe TTu5t
Chalr. informing them of their resull. and by our Pr￿dent. We endeovoLf lo strengthen
Inks ond benefft further from the crword5 by making geater use of c￿OrdeeS as speakers
and in our PR. with owardees enCO￿aged to pubkise the i]ward in ther own sociol medio
actNity as well. of course. as cn Iher Qrfs.

TRUSTEES. REK)RT FOR THE YLIR ENDJNG 3 1st DECF)ABER 2022
Internth￿l Fellowsh
Our Gront to Graduote Wornen Internoknnal (GWII our Intemallonol Felk)V*Shp. The
Ida Smedw Maclean Fel0v￿h1p. of £5.[￿ was last made in March X)22. 50 will not be
due ogain until ￿.
The Reseorch Present¢JlK)n Day IRPD) fcrf 2022 wa5 hekl at BFWG Heod Office in
London. Sght doc1￿01 shKlents pre5enled findings. with Ihe emphosis on tt
comrrvjnication of complex issues to a cross-rftsciplrMJy audi￿8 with al presenlers beirKJ
ovided wlh feedbock. The ￿ ￿7Ze winrEff wos Beth Sovar. Royal Velerinary Colege.
London wilh her research on elod￿0thng peste des petits ruminants. a devostating ¢theose
of Sheep and goats ocross much of Africo. Asia ond the mKId￿ East. Ihe day was
vduable in re-vJniting conllxts with pcst Academ￿ AwcTd wi)ners. students who had
enlered Ihe RPD and not been shorlfisled. ond BFWG Youw mernbe￿ all n attenda￿e.
along with lonytondng BFWG members a￿1 poslhokJ￿%.
Rnanclal re
The attached financial Statement inckates the Fund's fw)anc*)I posilDn at the erKJ of2022.
The main source of ￿￿OMe for Ihe Fund come5 from inlerest on investments and thi5
ovvyes the moneies for the Schokwthip5111izes eoch year. Some small donations are obo
received alongwth occasioTrJl kgxies. An ad￿￿n￿tra1￿n fee perschokjrshp appr￿ation
is chorged and promdes income for ts cosl of runnirvJ the (jW￿d process each yeor.
Reserves Palky
The cuffenl reseNes polcy 15 a minimLnn of one year's worth of 5chokYship CP4varc15 which
is held in cosh reserves to enOb￿ the poymenl of Schol￿ShIpS to conlinue even rf income
generatKJn FKJS been Thufficient in that ye(T.
51nJctwe. gov•rnance and management
In 2(Y22. further S￿3n1￿cOnt wcKk was done in reviewirva the Terms of Reference. producing
a more deloiled Risk Register fn Ine the Charity ComrrMs5K)n tempkjtel. consmjering
Ihe BFWG ArtiCth/Schola￿t1P Fund Deckyalion ol Trust and devebpirvJ a Moster
Document for Iruslees. conl(￿Ing core infcwrrDIK)n ond delols on both the runnng of the
Trust and the adm￿lsIr0110n of Aw(xds. As mentNJned above. a TnJ5tee induclion
preSentat￿)n has also been introduced. akjng wilh o shc¥ler meeting for pr05pectNe
trv5tee5 (led by Chak andlcy Secret(3yl. Ih5 w(xk has conmued.

TRUSTF.FS' RBPORT FOR THF, YBAR END￿fj 31# DECFMJER 1022
The Trustees cre respon5ibbe f(K prep(xing the Tru5tees' Rep￿1 ond the finoncnl stalements
in accordance with opplicable kw and Untted ￿ngdoM Accounting Slandards includwig
noncial Rep(yting Standard 102. the ￿nancIal Rep(xl¥w StarKkYd applcable n the UK
and Rewbfic of Ireland lthancial Repcwling Councill.
The Icfyv appr￿able to clNJrrlies in ￿land armd Wales requres Ihe Twstees to prepare
r￿ancIal statements for e￿h financial year which gNe a true far view of the slale of
affaYs of Ihe ch(xity and of the income and expendihKe of Ihe clKvity for that period. In
preporiTVJ It￿ financial stalements. T￿tsIees are requT8d lo:
select suitable accounting pokies and then opp1¥ them consistenlty:
observe the melhods and principles wi the Chcyilies SORP Islotement ol
Recommended l*act￿e)."
make ￿d￿rEnts ond occounting estimates Ihat (Te re(￿onable ar￿ prudent:
state whether opplicoble occounting StarKI￿dS hove been fokned. subject to
any materiol departures disclosed and expkjined in financ￿1 statements. and
prep(xe the financ￿1 statements on the goirvJ concem basis unless it is
inappropri(Jte Io Fxesume thol the charity wffl continue In busness.
The Truslees are respon&ble for moinloining proper accounting rec￿dS vthich di5c105e wlth
re050nable accLKacy ol any tyne the fina￿#]1 p05ilion of Ihe charity and enable Ihem to
enswe that the financial statements compty wtth Charitss Act 2011. the Charify
(Accounts and Repc*tsl Regukjtions 2CQ8 and the [wv￿lOn5 of trust deedlconstitvtion.
They are also responsible for safeguarding the 055ets of the ch(th and hence for takirvJ
rea50nobb steps for the prevenlK>n and detectM)n of fraud other rregularities.
The Trustees fft responsible for the rrnintenonce ond integrity of the charity and finoncial
Information included on Ihe ch¢iVs websile. Legiskjlion in Ihe United Kingdom goveffting
Ihe prep(ration and disseMir￿1b)n of financial statements may drfler from legislation in
Other1￿lsdIctiOns.
Fomial decl¢wollor•
The Trustees h¢Jve no beneficiol Interest in Ihe Ch(xity. All docurrEntalK)n to the Charity
Commission ha5 been submitted inC￿ding changes to Ihe Trustees.

TRUSIEES. REPORT FOR THE YEAR ENDING 31& DECEMBEK2
stalemenl as k• discloswe lo ow
In so f￿ as Ihe Trustees are thyore."
there is no relevant al￿11 nf<xrnalkM of whth Ihe charttable corrwnvs audilo
Ihe Twslees h(we taken dl ￿epS IF¥]t kn oughl lo h(Ne hiken to rTh)ke
Ihemselves OW¢Je of any relevont ￿JCrrt nfijrmckn and lo estoblth thal Ihe
Qu(tito￿ are aW￿e of that 1nfonrnl￿n.
Audll
Goldwins Limited were re-cjppoinled as the (HJdtfX5 of BFWG Schtknhip FurKI ol the
AGM in Juty 2r22 and hove exkyessed lhetrv￿￿nesS to conllnue in Ihat capocty.
The Trustees, Annuol rewl hos been optyoved by T￿￿ee5 on
and Sfdned on Iher behalf by
QSJ,-<.￿C>£
Professcy CaThie de Silrfa
Cl￿tr. BPIIG SchokThh*> Fund T￿￿•*
2L) IZ

Imrcd to tcprt that hct

U•¢ of (wrepwt
S July 2023

For the ycat cnded 31 J)ecembet %YZ
N(*
2&453
¥453
2(813
28M13
4(189
4),177
40.1
40.1
177
Net income / le*endl¢we) beftye
(S.￿1}
(W> OlJ69
iJ64)
Nct (JnUr4) / R¥ini jtywrxl￿
OIIJJY)
41IX) 43,IX)
011M (JTrh•4 VIJ64)
41150
31.786
14948)
5.956
(5,956)
Nct / (expttMlltuR) bef%Kr
(s.4￿)
.194 31.786
016.714 (ll7WO)
37.194 Jl.766
Totsi ru￿[* fofvxfd
4155
46ffi33
847N34 893￿7
767J41 897
8&4￿8 915.453

Balattce sheet
A8 at 31 Deceoiber 21)22
Nrf¢
881.724
8BI.724
CAth At and iti INrMI
41103
44730
41729
925.453
41
767.441
94453
94453
io

Rcpth ofltehrd (PIS 102. kn ljaw￿l5j. (fiww*sSORP FRS 104.
b) l>)IDtconc¢rn
c)
In￿1n)¢ Is
-11-

Iiired Inveitmtr
k) D¢btorn
L&%li *i bank wid L&sh ID h•ad
.rrilili>ts and Pri)￿￿￿)n5 Irc
-12-

Charities AdMI￿tered by the British Federation of Women Graduates
For the yeat etsded 31 December 3)22
Totzl
Total
5272
314
314
350
10
Memotigl book
22
2021
Totsl
Rcstiict<d
34.757
34.782
34.757
3£782
28.452
28.453
-13-

Notes to the finanaal 8ts7tements
For the year ended 31 Decemkn 2022
2ZTotsl 3)21 Totsi
i&¢x
1&(MM)
SupFrf)rt costs
Brokua8e c<)st8
11458
1.167
16J
L167
1,7
7dJ
972
516
695
i.U80
Dropi
Trn$tees' trnvd
67
47
67
210
Wcbsitc
72
65
15814
15.814
11802
3J75
3J75
3J75
3J75
3375
JJ75
40,177
The chority lltitt￿￿ iticuttd in the yrAr. The tot*l e4JaMJiture £46.189 (2021: £40.177)
S Net IIXXrt￿ / (e4Jettthtr) torthe yur
This is afttt / (aeditin&):
Audit ftes
3J75
3J75
-1

For the
MAtkttv& * th 8tthofthc )r4t
846,182
4.850
11445K)
43,150
881.724
Ntt 8wililos8)
MATk¢t at tr¢ rxd ofthe yur
OIL8
763J183
Ydts)
xbt& Raj Ift*titu¢iod S Dii CFBP
AM IJS Short DurAtion Bond £1 Gf
85217
54327
34477
91.659
Y1,018
48.970
94J46
40.495
43,rAs5
58936
45,121
44.838
58.155
JPM Mthc¢s Incorne C I
Nirttyort Divcti￿ ITJCOtt* J JT*.2 GBP

Notes to the fU￿￿claI stateinents
Fot the
ended 31 December 21Y22
4J58
4.878
763rn3
881.724
881.724
4J58
battk ¥ttd iti b%￿1
46￿
4A103
46￿3
(6.131)
4358
48
(407S)
(4ts1)
J72
43.729
767.4￿
25.453
-16-

For the year ended 31 Decen)beT %122
At tht eDd
oltheFgr
Ttsttsfe
10.699
26
(5J5Z)
{40037)
154
4.794
BFWG kholarnh¥> fu
39￿1
33.765
41225
(46.189)
40J
ri.476
85@752
1154)
14.794)
OW731
11.83
767,441

334
5272
34.782
5272
33.675
1.107
1.107
39281
Awatds
Ix)
163
Tr2vc]lin8
163
10.958
72
1.167
352
72
1.167
972
552
552
326
Ttqyd (fn3stees)
Websitc
Utiliiies
118
47
67
47
67
3375
lJ75
SJ52
40.837
46.189
(4245)
154
0556)
4.T94
30526
(S.￿1)
Ttaftsfet between funds
41225
33.764
4)J72
as6ets
Bank bakn. Hd4 by BFWG
Debtot5 Other debtors
BTrIV&ln*r.fiJThJ (GWI •w¥d r(•le)
li
34.895
46￿3
(1531)
P.531)
40,372

FuDd•
IntrtCSt ￿ divi&D(ts
(108J73)
(111.839)
(111.839)
(4.948)
884.228
(1(*373)
(4.794)
856,752
(154)
27,476
Brought fotward
743585
767.441
23,721
135
739J62
4223
763.083
4J58
Othcr debto
743585
767.441