Agenda item

Report of the Chamberlain (copy attached).

The Board received a report of the Chamberlain providing Governors with a copy of the 2011/12 report and Financial Statements for the City of London School Education Trust (charity number: 1118571).

The Chairman explained that the Fund currently held the residue of the Winterflood donation to construct the School’s theatre. The Director of Finance, CLS, reported that the remainder of the fund was now being spent on items for the theatre and confirmed that Mr Winterflood was being kept informed of this.

Governors were informed that it had been agreed with the Charity Commission that the School’s Education Fund would be held open in order to receive any future donations of this kind.

RECEIVED.