Finance Score: 0

Governance Score: 0

Support Score: 2

No PartB

Overall weighted support: +2

Overall GiG Score: 2

CITY OF LONDON FREEMEN'S SCHOOL BURSARY FUND

The aims of the City of London Freemen's School Bursary Fund are to contribute towards the fees payable to the school by pupils who would be unable to continue education at the school without financial assistance or who would be unable to commence education at the school despite being accepted.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker recently

Regulatory & Governance issues to consider:

This charity uses a corporate trustee

Financial issues to consider:

Income has been volatile recently and was substantially in excess of spending in the latest year
A PartB annual return has not been required and so detailed financial information is not available from the online data

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£113	£30	£83	n/a	n/a	n/a	n/a	n/a	n/a
31/03/22	*	£174	£43	£131	n/a	n/a	n/a	n/a	n/a	n/a
31/03/21		£269	£37	£233	n/a	n/a	n/a	n/a	n/a	n/a
31/03/20		£295	£42	£253	n/a	n/a	n/a	n/a	n/a	n/a
31/03/19		£86	£32	£54	n/a	n/a	n/a	n/a	n/a	n/a
31/03/18		£39	£23	£16	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17		£47	£12	£35	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16		£65	£37	£28	n/a	n/a	n/a	n/a	n/a	n/a
31/03/15		£43	£23	£21	n/a	n/a	n/a	n/a	n/a	n/a
31/03/14		£49	£20	£29	n/a	n/a	n/a	n/a	n/a	n/a
31/03/13		£19	£0	£19	n/a	n/a	n/a	n/a	n/a	n/a
31/03/12		£309	£8	£301	n/a	n/a	n/a	n/a	n/a	n/a
31/03/11		£12	£29	£-17	n/a	n/a	n/a	n/a	n/a	n/a
31/03/10		£8	£7	£1	n/a	n/a	n/a	n/a	n/a	n/a
31/03/09		£9	£2	£7	n/a	n/a	n/a	n/a	n/a	n/a
31/03/08		£10	£6	£4	n/a	n/a	n/a	n/a	n/a	n/a
31/03/07		£9	£8	£1	n/a	n/a	n/a	n/a	n/a	n/a
31/03/06		£6	£14	£-7	n/a	n/a	n/a	n/a	n/a	n/a
31/03/05		£7	£31	£-25	n/a	n/a	n/a	n/a	n/a	n/a
31/03/04		£31	£7	£24	n/a	n/a	n/a	n/a	n/a	n/a

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Highest pay bracket: less than £60,000

Established: 42 years

www.cityoflondon.gov.uk

Oonagh.OMahoney@freemens.org

02073321382

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Support for specific schools

How it operates

Makes grants to individuals

Where it operates

Surrey,

Who it helps

Children/Young People

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
The Grocers' Charity - 2024 Education - City of London Freemen's School
£8,000	20/10/2023	Bursary
The Grocers' Charity - 2023 Education - City of London Freemen's School
£8,000	21/10/2022	Bursary
The Grocers' Charity - 2022-City of London Freemen's School
£8,000	22/10/2021	Bursary
The Grocers' Charity - 2021 - City of London Freemen's School - Yeom and Marin-Borque
£8,000	30/09/2020	Bursary
The Grocers' Charity - 2020 City of London Freemen's School
£8,000	25/10/2019	Improving support for disadvantaged children and young people

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (1)

City Of London Corporation

Legal constitution

Charity registered in England & Wales on 08/07/1982, number: 284769

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR22: 97 days late,

Main office

FINANCIAL SERVICES DIVISION
CITY OF LONDON CORPORATION
PO BOX 270
GUILDHALL
LONDON
EC2P 2EJ

Objectives

THE OBJECT OF THE CHARITY IS THE PROMOTION OF EDUCATION (INCLUDING PHYSICAL TRAINING) BY THE PROVISION OF BURSARIES AND OTHER FORMS OF FINANCIAL ASSISTANCE FOR FEES AND/OR OTHER COSTS INCURRED THROUGH ATTENDANCE AT THE SCHOOL TO ENABLE PUPILS TO FURTHER THEIR EDUCATION AT THE SCHOOL BY FOR EXAMPLE PROVIDING FINANCIAL ASSISTANCE TO THOSE WHO(1) WOULD NOT BE ABLE TO ENTER THE SCHOOL HAVING BEEN ACCEPTED; OR(2) HAVING COMMENCED EDUCATION AT THE SCHOOL WOULD NOT BE ABLE TO CONTINUE THEIR EDUCATION AT THE SCHOOL.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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