
## **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<br>the charity as set out in its<br>governing document|Para 1.17|_The objects of the CIO are specifically restricted_<br>_to the following:_<br>_1._<br>_the advancement of the performing arts,_<br>_specifically music, for the public benefit,_<br>_in particular but not exclusively by:_<br>_(a) providing a programme of public_<br>_performances devoted to new music;_<br>_(b)  providing a dedicated forum for_<br>_research in order to further dialogue_<br>_within the new music community;_<br>_(c)  providing professional development_<br>_and performance opportunities for_<br>_artists identifying as female, thus_<br>_advancing equal opportunities in an_<br>_historically male-dominated_<br>_profession;_<br>_(d)  promoting the highest standards_<br>_and supporting engaged risk-taking_<br>_in the creation and performance of_<br>_new musical works; and_<br>_2._<br>_the advancement of the education of the_<br>_public in general in the subject of music,_<br>_in particular but not exclusively by:_<br>_(a)  promoting a broad and diverse_<br>_repertoire of new music;_<br>_(b)  promoting individual and collective_<br>_knowledge in the specific areas of_<br>_live performance, commissioning_<br>_and programming;_<br>_(c) raising awareness of the charity’s_<br>_activities through information_<br>_media._|





|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or services<br>identified in the accounts|Para 1.17 and 1.19|_eavesdropping is an annual series of live_<br>_performances and a symposium celebrating_<br>_new music, founded by soprano Juliet Fraser in_<br>_2017. Its overarching charitable objects are the_<br>_advancement of the performing arts,_<br>_specifically music, for the public benefit, and the_<br>_advancement of the education of the public in_<br>_general in the subject of music._|
|---|---|---|
|Statement confirming<br>whether the trustees have had<br>regard to the guidance issued<br>by the Charity Commission on<br>public benefit|Para 1.18|_The trustees confirm that they have had regard_<br>_to the guidance issued by the Charity_<br>_Commission on public benefit._|



## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a whole|Para 1.20|_Despite the challenges of a global pandemic, the_<br>_charity delivered a third season of activity in_<br>_full. The series ran over four events (live events_<br>_in January & February; online events in March_<br>_& April) and the symposium was held over a_<br>_weekend (online, 25 & 26 April). As such, the_<br>_charity provided much-needed support (artistic_<br>_and financial) for the featured artists, a valued_<br>_programme of musical activity for the public,_<br>_and an informative and stimulating weekend of_<br>_discourse for those participating in the_<br>_symposium. Feedback was overwhelmingly_<br>_positive, testifying to the broad public benefit._|



**Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41|_N/A_|
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41|_N/A_|
|Investment performance<br>against objectives|Para 1.41|_N/A_|
|Other||_N/A_|



## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end of<br>the period|Para 1.21|_The charity held £5420.33 in its Co-operative_<br>_Bank account at the year’s end. This amount_<br>_was accumulated largely thanks to reduced_<br>_expenses as a result of shifting activity online_<br>_during the first Covid-19 lockdown._|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|_A reserve fund has now been put in place which_<br>_would allow a full season of artists to be paid_<br>_even if a whole series had to be cancelled._|





|||_Reserves are to be held in the main charity_<br>_account for the time being._|
|---|---|---|
|Amount of reserves held|Para 1.22|_£2000_|
|Reasons for holding zero<br>reserves|Para 1.22|_N/A_|
|Details of fund materially in<br>deficit|Para 1.24|_N/A_|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|_N/A_|



**Additional information (optional)** You may choose to include further statements where relevant about: 

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47|_N/A_|
|---|---|---|
|Investment policy and<br>objectives including any social<br>investment policy adopted|Para 1.46|_N/A_|
|A description of the principal<br>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<br>constituted?|Para 1.25|_Charitable Incorporated Organisation_|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled to<br>appoint one or more trustees|Para 1.25|_New trustees are selected and appointed by the_<br>_current charity trustees, in accordance with the_<br>_following constitutional provisions:_<br>_1.         Apart from the first charity trustees,_<br>_every trustee must be appointed for a_<br>_term of three years by a resolution passed_<br>_at a properly convened meeting of the_<br>_charity trustees._<br>_2._<br>_In selecting individuals for appointment_<br>_as charity trustees, the charity trustees_<br>_must have regard to the skills, knowledge_<br>_and experience needed for the effective_<br>_administration of the CIO._|



**Additional information (optional)** You may choose to include further statements where relevant about: 

||Policies and procedures<br>adopted for the induction and<br>training of trustees|Para 1.51|_The charity trustees will make available to each_<br>_new charity trustee, on or before his or her first_<br>_appointment:_<br>_(a) a copy of the current version of this_<br>_constitution; and_|
|---|---|---|---|





|||_(b) a copy of the CIO’s latest Trustees’_<br>_Annual Report and statement of_<br>_accounts._|
|---|---|---|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|_N/A_|
|Relationship with any related<br>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_<br>_Hannibal Road_<br>_London E1 3JF_|



**Names of the charity trustees who manage the charity** 

|**Trustee name**<br>**Office (if any)**<br>**Dates acted if not for**<br>**whole year**<br>1_JENNIFER(PENNY) JONAS_<br>_N/A _<br>2_LOUISE MARSHALL_<br>_N/A _<br>3_JACQUELYN BELL_<br>_N/A _<br>4<br>5<br>6<br>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**<br>**whole year**|**Dates acted if not for**<br>**whole year**|**Name of person**<br>**(or body) entitled**<br>**to appoint**<br>**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**<br>**funds**<br>**to the nearest      £**||**Restricted funds**<br>**to the nearest £**||**Endowment**<br>**funds**<br>**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**||||||
|---|---|---|---|---|---|
|<br>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<br>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)<br>**A6 Cash funds last year end**||1<br>|**99**|||**-**|||13/01/2021<br>**-**||





_**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**<br>**B2 Other monetary assets**<br>**B1 Cash funds**|**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments account(s))<br>Co-operative Bank<br>**Details**|**Unrestricted**<br>**funds**<br>**to nearest £**|
|---|---|---|
|||**5,420**|
|||**-**|
|||**-**|
|||**5,420**|
|||Agreement Error|
|||**Unrestricted**<br>**funds**<br>**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<br>**Details**|**Fund to which**<br>**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<br>**99**||**-**|
||||



CCXX R5 accounts (SS) 

13/01/2021 



**5,420 -** 

CCXX R6 accounts (SS) 

13/01/2021 

6 



## **od** 

|**od**||
|---|---|
|**Restricted funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>Agreement Error<br>**Restricted funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to nearest £**|
||**-**|
||**-**|
||**-**|
||**-**|
||OK|
||**Endowment**<br>**funds**<br>**to nearest £**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|



|**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Current value**<br>**(optional)**|
|---|---|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|



|**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Current value**<br>**(optional)**|
|---|---|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|
|**-**|**-**|



|7<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**|**When due**<br>**(optional)**|
|---|---|
|**-**||
|**-**||



CCXX R7 accounts (SS) 

13/01/2021 



|**-**<br>**-**<br>**-**<br>Name<br>YN BELL<br>JONAS||
|---|---|
|||
|||
|||
||Date of approval|
||12-Jan-21|
||12-Jan-21|



CCXX R8 accounts (SS) 

13/01/2021 

8 

