High Quality Content by WIKIPEDIA articles! The British Fantasy Awards are administered annually by the British Fantasy Society (BFS) and were first awarded in 1971. The membership of the BFS vote to determine recommendations, short-lists and winners of the awards. The current award categories are Best Novel, Best Novella, Best Short Story, Best Small Press, Best Artist, Best Anthology, Best Collection, and the Karl Edward Wagner Award is given at the discretion of the BFS committee.