BIFAlink is BIFA's monthly magazine covering issues of importance for the logistics and supply chain industry.
Annual Report & Accounts 2024
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Director General’s Foreword Steve Parker
Welcome to BIFA’s Annual Report 2024, summarising work done to help members address the issues they faced during the year.
Development of our training programmes continued, and we partnered with third party providers and educational bodies. We started a project to offer all-inclusive training as part of the membership fee in 2025. The launch of BIFAlink TV in July to provide a daily dose of industry information helped to enhance our communications work; supporting BIFAlink, email newsletters, our website and social media channels. A key position in the ITN Business programme ’Transforming Logistics: Precision and Purpose’ brought more awareness of BIFA’s role to a wider audience in a year that saw us start to review our Standard Trading Conditions, with the aim of introducing a revised set in 2025. I thank staff within the BIFA Secretariat; and members who volunteer to be part of our Policy and Regional Groups, for the work that they did in 2024. That work helped ensure that 2024 was a good year for BIFA, with a clear strategy and significant momentum for all areas of our work.
The association remained strong. Although our expenditure increased during the year as a result of a significant expansion of the services we deliver to members, we are financially stable. Globally, we saw the ongoing impact of conflict in Ukraine and the Middle East, the latter leading to additional cost and delays to shipping. In the UK, a new Government was elected with 334 new MPs, and a budget that raised cost to industry. Work continued on events such as the Freight Service Awards, Multimodal 2024, Business Leaders Forums, and increased regional member meetings. Webinars were arranged, often in partnership with others, to deliver advice on key issues. BIFA’s corporate membership increased again to a record number of companies, as did membership of our Young Forwarder Network, and its event schedule. The election to our Board of three directors with much experience and insight enhanced our leadership team.
National Chair’s Foreword Charles Hogg 2024 was my first full year as national chair and a good one for BIFA. Corporate membership increased again, as did Interaction between the secretariat, representative groups and
members with more attending our regional meetings and policy groups. Our Training function developed as did our work to represent and promote the sector and the work done by BIFA members. 2024 ended with a sense of excitement about what was in store for 2025 when Keith Baguley becomes BIFA’s national chair.
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BIFA Annual Report & Accounts 2024 | bifa.org
Membership
Policy & Compliance Increased attendance across the board in 2024
new members in 2024 14+
1679 full members 91 Associate members Figures are correct as of 31st December 2024
4 4 2 4 4
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
Member Engagement
77 63
Total member events for 2024 Regional meetings were held around the country
New report released in collaboration with Pledge: 2024 State Of Sustainability In Freight Forwarding
Business Leaders Forums held May and October 2
Increased attendance 550+
moving to new larger venues
New partnership with
BIFA Freight Service Awards attendees
sharing guidance on scope 1 and 2 emissions with members
same as LY report
Emissions are calculated using Zellar’s sustainability platform. Scope 1&2 emissions, along with business travel, commuting, and home working, have been measured. BIFA completes 2nd Carbon Reduction Report
CO 2
Database improvement project launched £11,200 total charity donations
to improve data quality and interaction with members
Some Scope 3 emissions are estimated, with data improvements planned for 2025. Not all Scope 3 categories, including supply chain impact, are included but will be tracked and reduced in the future.
London East Charity dinner £3,300 for 2 local charities and Transaid collection £4,800 at Freight Service Awards £3,100 at BIFA Golf Day
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bifa.org | BIFA Annual Report & Accounts 2024
Wider Engagement
Young Forwarder Network
BIFA hosted several Member-
32 YFN events took place across the country
exclusive webinars: Migration from CHIEF to CDS 919 attendees Changes affecting users of HCI and NESweb 221 attendees BIFA STC: an overview 209 attendees
Safety in the maritime containerised work 76 attendees State of sustainability in forwarding report 109 attendees
CDS export migration Town Hall 203 attendees Rules & proof of origin for preferential trade schemes 514 attendees S&S GB declarations 532 attendees
Face- to-face events events 15 9 8 Port Tours
Virtual YFN
514 attendees in total
Communications
2 new regions launched
4 new regional chairs appointed
BIFAlink TV YouTube channel launched 1st July 2024
North West
124 episodes produced (as of 31st Dec 2024) 512% YouTube subscriber increase (from 33 to 202) (as of 31st Dec 2024)
Most watched episode: Post-VAT Accounting 564 views (as of 31st Dec 2024) Top audience sources: 35% Email - 22% LinkedIn
Anglia
Avon
Heathrow
Solent
London East
followers on LinkedIn 16,484
Most YFN events now CPD accredited 2,892
up 14%
(continuing professional development)
providing a range of useful information, help and advice Note: Figures correct as of 31st December 2024
up 17%
BIFA leads the conversation in ITN Business Programme – Transforming Logistics
find out first about the latest events Note: Figures correct as of 31st December 2024 followers on YFN LinkedIn page
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BIFA Annual Report & Accounts 2024 | bifa.org
Training New for 2024! Course training bundles
95% 226
2-course and 3-course training bundles, providing members with a cost-effective way to upskill their teams.
rate our course content; good, very good or excellent
3 courses & 2 BTECs • Introduction to Freight
BIFA collaborates with South Hampshire College Group to drive logistics education and recruitment delegates studied for one of our BTEC qualifications 32% Distinction 40% Merit 26% Pass 0% Fail 2% did not complete course
• BTEC Intermediate Award in Customs Export & Import Procedures (29 cohorts, 189 learners) • BTEC Intermediate Award in Multimodal International
(15 courses, 106 learners) • Freight Forwarding Essentials (54 courses, 384 learners) • Customs Essentials (41 courses, 286 learners)
Freight Procedures (6 cohorts, 37 learners)
delegates were trained in 2024 1002 a total of 145 courses and cohorts of learners
TRS partners with BIFA to launch pioneering Skills Bootcamp. Completed by 77 members!
Apprentices 83% of apprentices completed the International
For help and support in recruiting apprentices, watch our YouTube playlist
Freight Forwarding Specialist qualification in the last academic year.
Highest completion rate since its launch in 2018!
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bifa.org | BIFA Annual Report & Accounts 2024
Detailed Income & Expenditure Account For the year ended 31 December 2024
2024 £
2024 £
2023 £
2023 £
Income Subscriptions
1,952,436
1,746,683
FIATA Sales
14,910
11,260
Education and training
519,585
643,901
Application fees
15,787
28,167
Events and sundry sales
170,708
142,062
2,673,426
2,572,073
Cost of Sales Wages and salaries Social security costs
296,177 28,654 19,825 13,099
286,706
35,471
Staff pension costs defined contribution Permanent health insurance Private health insurance Education and training
15,945
6,112 1,935
1,264
53,710 158,518
89,788 178,549
Events
Training development Total purchases and other direct costs
-
450
571,247
614,956
Total cost of sales
(571,247)
(614,956)
Gross surplus
78.63%
2,102,179
76.09%
1,957,117
Administrative expenses Wages and salaries Social security costs Staff pension costs defined contribution Permanent health insurance Private health insurance Rent re operating leases
1,130,451 107,830 57,727 13,633 11,377 1,750 25,775 10,007 38,823 17,426 91,158 35,408 8,648 33,299 21,195 2,630 5,525
948,374 115,276
47,102 12,564 19,514 24,357 10,712 35,352 15,034 - 79,167 22,475 25,932 19,074 -
Rates
Power, light and heat
Property repairs and maintenance
Premises insurance Computer running costs Leasing - motor vehicles
Legal fees
Consultancy/Professional services
Accountancy Annual report Bookkeeping
4,125
-
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BIFA Annual Report & Accounts 2024 | bifa.org
2024 £
2024 £
2023 £
2023 £
Administrative expenses Audit fees
20,600 11,081 126,644 72,145 259,946
19,600 14,808 97,935 29,589 248,630
Board expenses
Central Secretariat costs
Policy Groups
International representation
Northern England Northern Ireland
9,571 1,087
933
10,859 12,048
Scotland
10,035
South of England
1,231
-
South East
74,264 2,660 5,472 14,517 89,835 7,089 5,964 - 69,993 7,894 42,811
78,845
Charitable donations
-
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
BIFAlink
Amortisation Depreciation
(2,445,501)
(2,137,712)
Operating (deficit)/surplus
(343,322)
(180,595)
Interest receivable and similar income Bank interest received
22,086
14,473
Other interest received - not on financial instruments Dividends from investments
-
36
51,972
28,823
74,058
43,332
Interest payable and similar expenses Management fees Other gains and losses Exchange gains on investing activities - investments
(26,687)
(20,178)
93,767
30,172
(Deficit)/surplus before taxation
7.56%
4.95%
(202,184)
(127,269)
Hard copy accounts are available from the BIFA secretariat on request.
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bifa.org | BIFA Annual Report & Accounts 2024
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
Communications & PR
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
Finance & Membership
Policy Groups: Air Customs Legal & Insurance Maritime, Road & Rail Sustainability & Environment
Events
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