BIFA Annual_Report 2024_Final

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

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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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