2022-08-31-accounts - Eavesdropping CIO

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Trustees’ Annual Report for the period

From: 01/09/2021 (Period start date) To: 31/08/2022 (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	Following the challenges of delivering activity during the pandemic, it was decided to take some time to regroup and consider the future of the organisation. This allowed for a clear strategy to emerge and for funding to be sought for the fourth season (2023). eavesdropping will now fun as a four-day festival and forum, held at Café OTO. A Producer and a Fundraiser will be sought to support the Artistic Director. The aims and the objectives remain unchanged.

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 £5061 in its Co-operative Bank account at the year’s end. This amount includes restricted funding for the next season.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held in the main charity account, allowing a full season of artists to be paid even if a whole series had to be cancelled.
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:	Additional information (optional) You may choose to include further statements where relevant about:	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

1 2 3 4 5 6	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	LOUISE MARSHALL	_N/A _
	JACQUELYN BELL	_N/A _
	FAYJENNETT	_N/A _

– Corporate trustees names of the directors at the date the report 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 in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

Additional information (optional)

Names and addresses of advisers (Optional information)

ames and addresses of advisers (Optional information)	ames and addresses of advisers (Optional information)	ames and addresses of advisers (Optional information)
Type of adviser Name Address
	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) Position (eg Secretary, Chair, etc) Date
	JULIET FRASER	LOUISE MARSHALL
	ARTISTIC DIRECTOR	TRUSTEE
	14 June 2023	14 June 2023

eavesdropping CIO

1181977

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a For the period 01/09/2021 31/08/2022 To from

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £	Restricted funds to the nearest £	Endowment funds to the nearest £	Total funds to the nearest £	Last year to the nearest £
Ticket sales	-	-	-	-	-
Arts Council Englandgrant	-	661	-	661	-
PRS Foundationgrant	-	4,400	-	4,400	2,300
Donations	400	-	-	400	3,000
Gift Aid	788	-	-	788	-
Misc income		-	-	-	12
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	1,188	5,061	-	6,249	5,312

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					5,312

Artists' salaries	-	-	-	-	3,650
Other salaries	255	-	-	255	5,246
Artists' expenses	-	-	-	-	199
Venue hire	-	-	-	-	372
Documentation and tech	-	-	-	-	210
Publicity	500	-	-	500	147
Website hosting/digitalplatforms	261	-	-	261	212
Other costs (misc. event costs; ticket reimbursements	35	-	-	35	2
Bank charges	-	-	-	-	-
**Sub total **	1,051	-	-	1,051	10,038

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					10,038

	138				- 4,726
	-				-
	694				5,420
	832				694

Section B Statement of assets and liabilities at the end of the period

Unrestricted funds to nearest £ 832 - - 832	Restricted funds to nearest £ 5,061 - - 5,061	Endowment funds to nearest £
832	5,061	-
-	-	-
-	-	-
832	5,061	16/06/2023 -

CCXX R1 accounts (SS)

Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Details Details Details (agree balances with receipts and payments account(s)) Details	OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name JACQUELYN BELL FAY JENNETT	OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		JACQUELYN BELL	14-Jun-23
		FAY JENNETT	14-Jun-23

CCXX R2 accounts (SS)

16/06/2023