Agenda and minutes

There were no apologies.

There were no declarations.

To agree the public minutes and non-public summary of the meeting held on 20 November 2020.

RESOLVED, that the public minutes of the meeting held on 20 November 2020, be approved as accurate record.

Joint report of the Chamberlain and Bursar.

Governors considered a joint report of the Chamberlain and the Bursar regarding the 2020-21 risk register for the City of London School Bursary and Awards Fund.

The Bursar began by providing a summary of the risk register highlighting that, while little had changed since the previous annual risk report, Governors should note the change of name of the fund as a result of the merger of The City of London School Scholarships and Prizes Fund and The City of London School Education Trust.

The Chair highlighted that there was no mention of the Tomlinson Review in the register and felt that this should be included as this may impact the amount of financial support provided by the Corporation. It was agreed by others that this should be recognised and noted as a heightened risk in the register.

RESOLVED, that the Finance and Estates Committee recommend to the Board of Governors that, subject to noting the heightened risk due to the Tomlinson Review, the risk register satisfactorily sets out the risks facing the School’s charity, and that appropriate measures are in place to mitigate those risks.

There were no questions.

There was no other business.

MOTION - That under Section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in Part I of Schedule 12A of the Local Government Act.

RESOLVED – That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items on the grounds that they involve the likely disclosure of exempt information as defined in Part I of Schedule 12A of the Local Government Act.

To agree the non-public minutes of the meeting held on 20 November 2020.

RESOLVED, that the non-public minutes of the meeting held on 20 November 2020, be approved as accurate record.

Report of the Town Clerk.

Governors received a report of the Town Clerk regarding outstanding actions of the Committee.

Report of the Bursar.

Governors received a report of the Bursar regarding financial and operational matters at the School.

Joint report of the Chamberlain and Bursar.

Governors received a joint report of the Chamberlain and the Bursar presenting the School’s updated financial forecasts for the financial year 2020-21 and for the medium term based on the School’s financial position as of January 2021.

Joint report of the Chamberlain and Bursar.

Governors received a joint report of the Chamberlain and the Bursar regarding the School’s Financial Information Dashboard.

There were no questions.

There was no other business.