Trustees’ Annual Report for the period
From: 01/09/2019 (Period start date) To: 31/08/2020 (Period end date)
Charity name: eavesdropping CIO
Charity registration number: 1181977
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The objects of the CIO are specifically restricted to the following: 1. the advancement of the performing arts, specifically music, for the public benefit, in particular but not exclusively by: (a) providing a programme of public performances devoted to new music; (b) providing a dedicated forum for research in order to further dialogue within the new music community; (c) providing professional development and performance opportunities for artists identifying as female, thus advancing equal opportunities in an historically male-dominated profession; (d) promoting the highest standards and supporting engaged risk-taking in the creation and performance of new musical works; and 2. the advancement of the education of the public in general in the subject of music, in particular but not exclusively by: (a) promoting a broad and diverse repertoire of new music; (b) promoting individual and collective knowledge in the specific areas of live performance, commissioning and programming; (c) raising awareness of the charity’s activities through information media. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts |
Para 1.17 and 1.19 | eavesdropping is an annual series of live performances and a symposium celebrating new music, founded by soprano Juliet Fraser in 2017. Its overarching charitable objects are the advancement of the performing arts, specifically music, for the public benefit, and the advancement of the education of the public in general in the subject of music. |
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees confirm that they have had regard to the guidance issued by the Charity Commission on public benefit. |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole |
Para 1.20 | Despite the challenges of a global pandemic, the charity delivered a third season of activity in full. The series ran over four events (live events in January & February; online events in March & April) and the symposium was held over a weekend (online, 25 & 26 April). As such, the charity provided much-needed support (artistic and financial) for the featured artists, a valued programme of musical activity for the public, and an informative and stimulating weekend of discourse for those participating in the symposium. Feedback was overwhelmingly positive, testifying to the broad public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | N/A |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | N/A |
| Investment performance against objectives |
Para 1.41 | N/A |
| Other | N/A |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity held £5420.33 in its Co-operative Bank account at the year’s end. This amount was accumulated largely thanks to reduced expenses as a result of shifting activity online during the first Covid-19 lockdown. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | A reserve fund has now been put in place which would allow a full season of artists to be paid even if a whole series had to be cancelled. |
| Reserves are to be held in the main charity account for the time being. |
||
|---|---|---|
| Amount of reserves held | Para 1.22 | £2000 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | N/A |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | N/A |
| Other | N/A |
Structure, Governance and Management
| Description of charity’s trusts: | ||
|---|---|---|
| Type of governing document | Para 1.25 | Constitution |
| How is the charity constituted? |
Para 1.25 | Charitable Incorporated Organisation |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | New trustees are selected and appointed by the current charity trustees, in accordance with the following constitutional provisions: 1. Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. 2. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | The charity trustees will make available to each new charity trustee, on or before his or her first appointment: (a) a copy of the current version of this constitution; and |
|
|---|---|---|---|
| (b) a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts. |
||
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | N/A |
| Relationship with any related parties |
Para 1.51 | N/A |
| Other | N/A |
Reference and Administrative details
| Charity name | eavesdropping CIO |
|---|---|
| Other name the charity uses | eavesdropping |
| Registered charity number | 1181977 |
| Charity’s principal address | 81 Cressy Houses Hannibal Road London E1 3JF |
Names of the charity trustees who manage the charity
| Trustee name Office (if any) Dates acted if not for whole year 1_JENNIFER(PENNY) JONAS_ N/A 2_LOUISE MARSHALL_ N/A 3_JACQUELYN BELL_ N/A 4 5 6 Corporate trustees–names of the directors at the date the report was approved |
Trustee name | Trustee name | Office (if any) | Dates acted if not for whole year |
Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|---|---|
| JENNIFER(PENNY) JONAS | _N/A _ | |||||
| LOUISE MARSHALL | _N/A _ | |||||
| JACQUELYN BELL | _N/A _ | |||||
| was approved | ||||||
| Director name | ||||||
| N/A | ||||||
| Name of trustees holding title to | property belonging to the charity | |||||
| Trustee name | Dates acted if not for whole year | |||||
| _N/A _ |
Funds held as custodian trustees on behalf of others
Description of the assets held N/A in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser N/A
Name of chief executive or names of senior staff members (Optional information)
Juliet Fraser
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) JULIET FRASER JACQUELYN BELL Position (eg Secretary, ARTISTIC DIRECTOR TRUSTEE Chair, etc) Date 11 January 2021
eavesdropping CIO
11
Recei ts and a ments accou p p y
For the period 01/09/2019 from
To
Section A Receipts and payments
Unrestricted funds
Restricted funds
Endowment funds
to the nearest £ to the nearest £ to the nearest £
A1 Receipts
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowment funds to the nearest £ |
|||
|---|---|---|---|---|---|---|
| Ticket sales | 1,303 | - | - | |||
| Arts Council Englandgrant | - | 8,280 | - | |||
| PRS Foundationgrant | - | 4,600 | - | |||
| Donations | 1,400 | - | - | |||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| Sub total(Gross income for AR) | 2,703 | 12,880 | - | |||
| A2 Asset and investment sales, | ||||||
| (see table). | ||||||
| - | - | - | ||||
| - | - | - | ||||
| Sub total | - | - | - | |||
| Total receipts | 2,703 | 12,880 | - |
A3 Payments
| A3 Payments | |||||
|---|---|---|---|---|---|
Artists' salaries |
4,089 | - | - | ||
| Other salaries | 2,900 | - | - | ||
| Artists' expenses | 547 | - | - | ||
| Venue hire | 558 | - | - | ||
| Documentation and tech | 700 | - | - | ||
| Publicity | 659 | - | - | ||
| Website hosting/digitalplatforms | 252 | - | - | ||
| Other costs (misc. event costs; ticket reimbursements |
502 | - | - | ||
| Bank charges | 56 | - | - | ||
| **Sub total ** | 10,262 | - | - |
| A4 Asset and investment | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| purchases, (see table) | ||||||||||
| - | - | - | ||||||||
| - | - | - | ||||||||
| **Sub total ** | - | - | - | |||||||
| Total payments | 10,262 | - | - | |||||||
| Net of receipts/(payments) | - | 7,559 | 12,880 | - | ||||||
| A5 Transfers between funds | - | - | - | |||||||
| CCXX R1 accounts (SS) A6 Cash funds last year end |
1 |
99 | - | 13/01/2021 - |
Cash funds this year end - 7,460 12,880 -
CCXX R2 accounts (SS)
13/01/2021
2
Section B Statement of assets and liabilities at the end of the perio
| Categories B2 Other monetary assets B1 Cash funds |
Details Total cash funds (agree balances with receipts and payments account(s)) Co-operative Bank Details |
Unrestricted funds to nearest £ |
|---|---|---|
| 5,420 | ||
| - | ||
| - | ||
| 5,420 | ||
| Agreement Error | ||
| Unrestricted funds to nearest £ |
||
| - | ||
| - | ||
| - | ||
| - | ||
| - | ||
| - |
B3 Investment assets B4 Assets retained for the charity’s own use
Fund to which asset Details belongs Fund to which asset Details belongs
B5 Liabilities
| 3 Details |
Fund to which liability relates |
|---|---|
| 3 | 13/01/2021 |
CCXX R3 accounts (SS)
Signed by one or two trustees on behalf of all the trustees
Signature Print N JACQUELY PENNY J
CCXX R4 accounts (SS)
13/01/2021
4
181977
unts CC16a 31/08/2020
Total funds Last year
to the nearest £ to the nearest £
| 1,303 | - | |
|---|---|---|
| 8,280 | - | |
| 4,600 | - | |
| 1,400 | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| 15,583 | - |
| - | ||
|---|---|---|
| - | - | |
| - | - | |
| 15,583 | - |
| 4,089 | - | |
|---|---|---|
| 2,900 | - | |
| 547 | - | |
| 558 | - | |
| 700 | - | |
| 659 | - | |
| 252 | - | |
| 502 | - | |
| 56 | - | |
| 10,262 | - |
| - | ||
|---|---|---|
| - | ||
| - | - | |
| 10,262 | - | |
| 5,321 | - | |
| - | - | |
| 5 99 |
- | |
CCXX R5 accounts (SS)
13/01/2021
5,420 -
CCXX R6 accounts (SS)
13/01/2021
6
od
| od | |
|---|---|
| Restricted funds to nearest £ - - - - Agreement Error Restricted funds to nearest £ - - - - - - |
Endowment funds to nearest £ |
| - | |
| - | |
| - | |
| - | |
| OK | |
| Endowment funds to nearest £ |
|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| Cost (optional) - - - - - |
Current value (optional) |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| Cost (optional) - - - - - - - - - |
Current value (optional) |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| 7 Amount due (optional) - - |
When due (optional) |
|---|---|
| - | |
| - |
CCXX R7 accounts (SS)
13/01/2021
| - - - Name YN BELL JONAS |
|
|---|---|
| Date of approval | |
| 12-Jan-21 | |
| 12-Jan-21 |
CCXX R8 accounts (SS)
13/01/2021
8