Agenda and minutes

Venue: Virtual Meeting - Accessible Remotely

Contact: Polly Dunn  020 7332 3726

Items
No. Item

1.

Apologies

Minutes:

There were no apologies.

 ...  view the full minutes text for item 1.

2.

MEMBERS' DECLARATIONS UNDER THE CODE OF CONDUCT IN RESPECT OF ITEMS ON THE AGENDA

Minutes:

There were no declarations.

 ...  view the full minutes text for item 2.

3.

Minutes pdf icon PDF 100 KB

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

 ...  view the full agenda text for item 3.

Minutes:

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

 

 ...  view the full minutes text for item 3.

4.

Risk Register 2020-21 for: CLS Bursary and Awards Fund pdf icon PDF 121 KB

Joint report of the Chamberlain and Bursar.

 ...  view the full agenda text for item 4.

Additional documents:

Minutes:

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.

 ...  view the full minutes text for item 4.

5.

Questions on matters relating to the work of the Committee

Minutes:

There were no questions.

 ...  view the full minutes text for item 5.

6.

ANY OTHER BUSINESS THAT THE CHAIRMAN CONSIDERS URGENT

Minutes:

There was no other business.

 ...  view the full minutes text for item 6.

7.

Exclusion of the Public

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.

 ...  view the full agenda text for item 7.

Minutes:

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.

 ...  view the full minutes text for item 7.

8.

Non-Public Minutes

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

 ...  view the full agenda text for item 8.

Minutes:

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

 

 ...  view the full minutes text for item 8.

9.

Outstanding Actions

Report of the Town Clerk.

 ...  view the full agenda text for item 9.

Minutes:

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

 ...  view the full minutes text for item 9.

10.

Non-Public Bursar's report

Report of the Bursar.

 ...  view the full agenda text for item 10.

Minutes:

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

 ...  view the full minutes text for item 10.

11.

Financial update for the City of London School

Joint report of the Chamberlain and Bursar.

 ...  view the full agenda text for item 11.

Minutes:

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.

 ...  view the full minutes text for item 11.

12.

Financial Information Dashboard

Joint report of the Chamberlain and Bursar.

 ...  view the full agenda text for item 12.

Minutes:

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

 ...  view the full minutes text for item 12.

13.

NON-PUBLIC QUESTIONS ON MATTERS RELATING TO THE WORK OF THE COMMITTEE

Minutes:

There were no questions.

 ...  view the full minutes text for item 13.

14.

ANY OTHER BUSINESS THAT THE CHAIRMAN CONSIDERS URGENT AND WHICH THE COMMITTEE AGREES SHOULD BE CONSIDERED WHILST THE PUBLIC ARE EXCLUDED

Minutes:

There was no other business.

 ...  view the full minutes text for item 14.