Agenda item

Report of the Chamberlain.

Governors considered a report of the Chamberlain presenting the draft annual report and financial statements 2019/20 of the City of London School for Girls’ Bursary Fund, incorporating the City of London School for Girls Scholarships and Prizes fund.

The Group Accountant advised that as the draft annual report and financial statements were for the 2019/20 financial year, they showed only a limited impact from the COVID-19 pandemic; however, the economic uncertainty arising from the pandemic had impacted the value of invested funds.

RESOLVED, that the report be noted.