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2020-08-31-accounts

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