Agenda item

Report of the Chamberlain.

The Board considered a report of the Chamberlain which provided with the Annual Report and Financial Statements for the year ended 31 March 2015 of The City of London School for Girls Bursary Fund incorporating The City of London School for Girls Scholarships & Prizes Fund for information. The report also requested that the Board consider whether part of the cash balance of £269,705 as at 31 March 2015 should be invested in the City of London Charities Pool.

RESOLVED – That the Board:

a)    Notes the Annual Report and Financial Statements for the year ended 31 March 2015; and

b)    confirms that no further cash balance be invested in the City of London Charities Pool for either charity at this time.