Actress Helena Bonham Carter and her moviemaker partner Tim Burton are to be honored with prestigious awards from the British Film Institute (BFI).

The couple, which shares two children together, has collaborated on movies including Alice in Wonderland and Sweeney Todd: The Demon Barber of Fleet Street and they have both been named as recipients of this year's BFI Fellowship awards in recognition of their contribution to the film industry.

The prizes will be presented to the pair as part of the 56th BFI London Film Festival, which kicks off in the British capital on Wednesday with a screening of Burton's new movie Frankenweenie.

The director says of the Fellowship award, "I feel very touched and grateful to the BFI for this tremendous honor. It means more than I can put into words to receive the BFI Fellowship and to be included alongside the great directors who have received it before me."

Bonham Carter adds, "I am somewhat bewildered and not sure that I am deserving of such an honor as a Fellowship from the BFI, but shall accept it with deep gratitude."

The couple will be handed the prizes during the 2012 Festival Awards gala on October 20th.