Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain concerning approval of the annual reports and financial statements for the 11 Sundry Trust charities for the year ended 31 March 2024.

The following points were noted:

• Overview: The financial statements for 11 sundry trusts were presented. These trusts are not consolidated into the City's Estate accounts.
• Audit Requirements: Out of the 11 trusts, four do not require an audit, three require full audits, and four require independent examinations.
• Progress: Good progress has been made on the financial statements, with the aim to sign off on most of them by the end of the month.

RESOLVED – That Members, recommend approval of the annual reports of the 14 charities presented for the year ended 31 March 2024, to the Finance Committee for those charities where the Corporation is Trustee; to the Aldermen for the Emmanuel Hospital charity where the Corporation is acting by the Court of Aldermen as the named corporate trustee; and to the individual trustees of the Sir William Coxen Trust Fund and the Samuel Wilson Loan Charity (see Appendix 1 of the report for charity registration numbers).