Agenda item

The Chief Grants Officer introduced the application and clarified an issue raised by a Member regarding the charity’s finances. The charity had made a payment to an associated charity which had appeared in their accounts as a grant. The Committee was assured that this payment was made by way of reimbursement of an earlier loan received from the associated charity as they had been unable to repay it at the time.

RESOLVED – That the City Bridge Trust Committee agree a grant of £400,000 over one year for a range of activities for the benefit of voluntary managed youth organisations and their beneficiaries in London.