BIFA Annual Report - year ending 31 Dec 2023

BIFAlink is BIFA's monthly magazine covering issues of importance for the logistics and supply chain industry.

Annual Report & Accounts 2023

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Director General’s Foreword Steve Parker

4.5% Membership

Member Engagement

increase in members in 2023 1665 full members 93 Associate members Numbers correct as of December 2023

Team set up to revitalise engagement with members Appointment of Member

It gives me great pleasure to introduce BIFA’s Annual Report for 2023, which summarises some of the work undertaken by the trade association to help its members address the issues they faced during the year. I hope you like the shorter format. You will see on pages 3-5 an array of facts and figures about our activities.

Engagement Director Denise Hill, responsible for events and regional activity, and: Regional representatives: Northern England & the Midlands: Andrew Melton South & South West: Paul Cunningham Scotland: Chris Curtin Northern Ireland: Shauneen McConville Anglia, London East & South East: Paul Newman

Policy & Compliance

Two brand new initiatives were launched, the Business Leaders Forum, and we held the first meeting of our Sustainable Logistics Policy Group.

2023 started with my appointment as director general; followed in May by the election of a new national chair, Charles Hogg and vice chair, Keith Baguley. Also, in January, we hosted another successful Freight Service Awards which had received a record number of entries. Our well-established awards provide a fantastic opportunity to showcase businesses and rising stars, which is great to see. Meeting members is something I really enjoy, and a repeat of the BIFA Village at the record-breaking Multimodal 2023, enabled our team to do just that. During the year, our goal was to improve our engagement with members, both regionally and digitally. We made five appointments to strengthen the work of our regional and policy & compliance teams. We also strengthened and expanded our events team. Throughout 2023, we increased our focus on sustainability, developing our training, and strengthening our in-person engagement with members across all regions. During the year, it was great to hear feedback on all our additional efforts ranging from the Business Leaders Forum to increasing the number of policy groups and we ended the year with a real buzz amongst the team for all that was being planned for 2024.

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Policy & Compliance Group meetings Air Policy Group meetings Customs Policy Group meetings Legal and Insurance Policy Group meetings Maritime, Road and Rail Policy Group meetings Sustainable Logistics Policy Group meeting

4 5 2 2 1

BIFA’s 2nd apprentice joined Shelby Merchant, Events

Our teams continue to represent our members on a variety of fronts with high levels of engagement with HMRC, various government departments, other trade associations and key stakeholders. Any feedback is always welcome, either through any of these meetings, or directly via me or one of my colleagues. We ended 2023 in good shape with significant momentum, a clear strategy, and a record number of members. I would like to thank all the staff within BIFA, as well as the members who volunteer to be part of our Policy and Regional Groups, for the work that they did in 2023. Their commitment and support are appreciated.

2 550+ over £6000 raised for 3 local charities at the Annual Liverpool Dinner

Business Leaders Forums held

BIFA Freight Service Awards attendees Record number of entries

New Sustainable Logistics Policy Group formed met for the first time in October

National Chair’s Foreword Charles Hogg Having become BIFA’s national chair in May, I was able to work with the recently appointed new director general Steve Parker, which was thoroughly enjoyable.

BIFA introduced carbon calculator in partnership with Pledge IO Visit bifa.org to find out more

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BIFA Annual Report & Accounts 2023 | bifa.org

bifa.org | BIFA Annual Report & Accounts 2023

Young Forwarder Network

webinars on the following subjects: 4 2023 digital Member engagement Wider Engagement

1001 Training 120% increase on 2022

rate our course content; good, very good or excellent 98%

delegates were trained in 2023 by our trainers who all have 30+ years experience each

98

326

delegates completed one of our BTEC qualifications 24% Distinction

Import Control System 2 263 attendees

NCTS5 143 attendees

one day courses run in 2023

Face- to-face events events 13 9 10

43% Merit 33% Pass

Customs Representation & Establishment 518 attendees

Calculating Freight Emissions 120 attendees

Tours Virtual YFN

averaging 65 attendees per event

prefer face- to-face training 47% 66,000 sheets of paper saved by our digital workbook initiative

Communications

find out first about the latest events followers on YFN LinkedIn page 2,473 up 31%

equivalent to 6.6 standard pine trees (source 8billiontrees.com)

We launched a new website in June 2023, including exclusive member only section

Note: Figures correct as of 31st December 2023

Apprentices

£2418 raised with quiz night for local charity Homerton Healthcare NHS Foundation Trust

184 78%

apprentices have started the International Freight Forwarding Specialist Standard during the last 12 months

followers on LinkedIn 14,455

27%

of starts for the International Freight Forwarding Specialist Standard are under the age of 24

against a national average of around 54% and 42% in transport and logistics respectively Source: DfE published monthly apprenticeship starts

up 17%

providing a range of useful information, help and advice

Down year- on-year

Note: Figures correct as of 31 December 2023

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BIFA Annual Report & Accounts 2023 | bifa.org

bifa.org | BIFA Annual Report & Accounts 2023

Detailed Income & Expenditure Account For the year ended 31 December 2023

2023 £

2023 £

2023 £

2023 £

2022 £

2022 £

2022 £

2022 £

Income Subscriptions

Administrative expenses Audit fees

1,746,683

1,677,956

19,600 14,808 97,935 29,589 248,630 10,859 12,048 78,845 933

17,830 4,063 77,468 4,679 212,593 34,577 62,420 3,678 1,284 3,475 61,140 11,715 85 - 6,696 65,802 3,926 31,190

Board expenses

FIATA Sales

11,260

10,961

Central Secretariat costs

Education and training

643,901

1,177,275 26,079

Policy Groups

Application fees

28,167

International representation

Events and sundry sales

142,062

77,232

Northern England Northern Ireland

2,572,073

2,969,503

Scotland South East

Cost of Sales Wages and salaries Social security costs

286,706

255,609

Bank charges

8,771 606 11,837 70,324 16,685 5,336 67,047 7,641 57,160

Bad and doubtful debts Printing and stationery Telecommunications Sundry expenses Advertising

35,471

27,462

Staff pension costs defined contribution Permanent health insurance Private health insurance Education and training

15,945

14,444 4,235

6,112 1,935

6,019

BIFAlink

89,788 178,549

248,140 120,944

Amortisation Depreciation

Events

Training development Total purchases and other direct costs

450

3,027

(2,137,712)

(1,595,340)

614,956

679,880

Operating (deficit)/surplus

(180,595)

694,283

Total cost of sales

(614,956)

(679,880)

Interest receivable and similar income Bank interest received

14,473

7,414

Gross surplus

76.09%

1,957,117

77.10%

2,289,623

Other interest received - not on financial instruments Dividends from investments

Administrative expenses Wages and salaries Social security costs Staff pension costs defined contribution Permanent health insurance Private health insurance

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- -

948,374 115,276

653,347 85,215 41,886 11,520 10,762 22,954 10,864 44,409 14,830 61,622 5,238 12,616 17,086

28,823

43,332

7,414

47,102 12,564 19,514 24,357 10,712 35,352 15,034 79,167 22,475 25,932 19,074 4,125

Interest payable and similar expenses Management fees Other gains and losses Exchange gains on investing activities - investments

(20,178)

-

Rates

Power, light and heat

Property repairs and maintenance

30,172

-

Premises insurance Computer running costs Legal and professional fees

(Deficit)/surplus before taxation

4.95%

23.63%

(127,269)

701,697

Consultancy fees Accountancy Annual report

370

Hard copy accounts are available from the BIFA secretariat on request.

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BIFA Annual Report & Accounts 2023 | bifa.org

bifa.org | BIFA Annual Report & Accounts 2023

British International Freight Association

Redfern House Browells Lane Feltham Middlesex TW13 7EP United Kingdom

T: +44 (0)20 8844 2266 E: bifa@bifa.org W: www.bifa.org

A company limited by guarantee. Registered in England: 00391973

BIFA Organisation & Secretariat Structure Chart

Board of Directors

Council

Secretariat

Director General

Int’l Representation Manager

Member Policy & Compliance Director

Member Services Director

Member Engagement Director

Member Support Director

Regions Northern England & the Midlands Scotland South & South West Anglia, London East & South East Northern Ireland

Training Development & Delivery

Policy & Compliance

Training Administration

Communications & PR

Finance & Membership

Policy Groups: Air Customs Legal & Insurance Maritime, Road & Rail Sustainability & Environment

Events

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