
## **Trustees’ Annual Report for the period** 

**From: 01/09/2022 (Period start date)    To: 31/08/2023 (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|_eavesdropping’s activity included a four-day_<br>_festival and forum, held at Cafe OTO; two_<br>_training workshops; continuation of the_<br>_podcast series; three outpost events for Britten_<br>_Pears Arts. A Producer, a Podcast Producer and_<br>_a Fundraiser were appointed to support the_<br>_Artistic Director. The return to live_<br>_performances and the expansion of our activity_<br>_has had a demonstrably positive impact on the_<br>_artists and audiences that we seek to reach as_<br>_part of our charitable objects._|



|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>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 £415 in its Co-operative Bank_<br>_account at the year’s end. This amount includes_<br>_restricted funding for the next season._|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|_Reserves of £2000 are held in the main charity_<br>_account, allowing a full season of artists to be_<br>_paid even if a whole festival had to be cancelled._|
|Amount of reserves held|Para 1.22|_£0_|
|Reasons for holding zero<br>reserves|Para 1.22|_Reserves drawn on to fund 2023 activity. To be_<br>_replaced during the next year._|





|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)** 

|**Additional information (optional)**|**Additional information (optional)**|**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_<br>_(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|Para 1.51|_N/A_|





|network with which the<br>charity works|||
|---|---|---|
|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** 

|1<br>2<br>3<br>4<br>5<br>6|**Trustee name**|**Office (if any)**|**Dates acted if not for**<br>**whole year**|**Name of person**<br>**(or body) entitled**<br>**to appoint**<br>**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 _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)**<br>**Full name(s)**<br>**Position (eg Secretary,**<br>**Chair, etc)**<br>**Date**|||
|---|---|---|
||JULIET FRASER|LOUISE MARSHALL|
||<br> <br>ARTISTIC DIRECTOR|TRUSTEE|
||8 December 2023|8 December 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** 01/09/2022 31/08/2023 **To from** 

|**Section A Receipts and payments**|**Section A Receipts and payments**|**Section A Receipts and payments**||||||||
|---|---|---|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest      £**||**Restricted funds**<br>**to the nearest £**||**Endowment**<br>**funds**<br>**to the nearest £**||**Total funds**<br>**to the nearest £**||**Last year**<br>**to the nearest £**|
|<br>Ticket sales|**2,962**||**-**||**-**||**2,962**||**-**|
|Arts Council Englandgrant|**-**||**9,405**||**-**||**9,405**||**661**|
|PRS Foundationgrant|**-**||**-**||**-**||**-**||**4,400**|
|Hope Scott Trustgrant(VOICEBOX)|||**1,000**||||**1,000**|||
|Donations|**650**||**-**||**-**||**650**||**400**|
|Gift Aid|**-**||**-**||**-**||**-**||**788**|
|Outpost events(consultancy)|**566**||**-**||**-**||**566**||**-**|
|BBC Radio 3|**-**||**-**||**-**||**-**||**-**|
|PayPal revenue|**139**||**-**||**-**||**139**||**-**|
|Misc income|**104**||**1,375**||**-**||**1,479**||**-**|
|**_Sub total_**_(Gross income for AR)_|**4,421**||**11,780**||**-**||**16,201**||**6,249**|
|||||||||||
|**A2 Asset and investment sales,**<br>**(see table).**||||||||||
||**-**|||||||||
||**-**||||||||**-**|
|**_Sub total_**|**-**||||||||**-**|
|**_Total receipts_**<br>**A3 Payments**||||||||||
||||||||||**6,249**|
|||||||||||
|<br>Artists' salaries|**472**||**3,901**||**-**||**4,373**||**-**|
|Other salaries|**1,006**||**4,383**||**-**||**5,389**||**255**|
|VOICEBOX salary|||**429**||||**429**|||
|Consultancy/Partner fees(TONIC)|**1,200**||**-**||||**1,200**|||
|Artists' expenses|**-**||**2,353**||**-**||**2,353**||**-**|
|Access costs|**510**||**-**||||**510**|||
|Venue hire|**-**||**3,111**||**-**||**3,111**||**-**|
|Documentation and tech|**1,016**||**1,800**||**-**||**2,816**||**-**|
|Publicity|**-**||**293**||**-**||**293**||**500**|
|Website hosting/digitalplatforms|**261**||**-**||**-**||**261**||**261**|
|PLI|**568**||||||**568**|||
|Misc costs (misc. event costs; ticket<br>reimbursements)|**363**||**-**||**-**||**363**||**35**|
|Bank charges|**14**||**-**||**-**||**14**||**-**|
|**_Sub total_ **|**5,409**||**16,270**||**-**||**21,679**||**1,051**|
|||||||||||
|**A4 Asset and investment**<br>**purchases, (see table)**||||||||||
||**-**|||||||||
||**-**|||||||||
|**_Sub total_ **|**-**||||||||**-**|
|**_Total payments_**<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**||||||||||
||||||||||**1,051**|
|||||||||||
||**-                     989**||||||||**5,199**|
||**-**||||||||**-**|
||**832**||||||||**694**|
||**-                     157**||||||||**5,893**|



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

**Unrestricted Restricted funds Endowment funds funds to nearest £ to nearest £ to nearest £** 08/12/2023 

**Categories Details** 

CCXX R1 accounts (SS) 

~~1~~ 



|**B1 Cash funds**|Co-operative Bank||**-**|**157**||||**571**|**571**||**-**|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||**-**|||||**-**||**-**|
|||||**-**|||||**-**||**-**|
||**_Total cash funds_**||**-**|**157**||||**571**|||**-**|
||(agree balances with receipts and payments account(s))||OK||||OK||||OK|
||||**Unrestricted**||||**Restricted**|**funds**|||**Endowment**|
|||||**funds**|||||||**funds**|
||**Details**|||**to nearest £**|||**to nearest £**||||**to nearest £**|
|**B2 Other monetary assets**||||**-**|||||**-**||**-**|
|||||**-**|||||**-**||**-**|
|||||**-**|||||**-**||**-**|
|||||**-**|||||**-**||**-**|
|||||**-**|||||**-**||**-**|
||**Details**||**Fund to which asset**<br>**belongs**||||**Cost (optional)**||||**Current value**<br>**(optional)**|
|**B3 Investment assets**|||||||||**-**||**-**|
||||||||||**-**||**-**|
||||||||||**-**||**-**|
||||||||||**-**||**-**|
||||||||||**-**||**-**|
||**Details**||**Fund to which asset**<br>**belongs**||||**Cost (optional)**||||**Current value**<br>**(optional)**|
|**B4 Assets retained for the**|||||||||**-**||**-**|
|**charity’s own use**|||||||||**-**||**-**|
||||||||||**-**||**-**|
||||||||||**-**||**-**|
||||||||||**-**||**-**|
|||||**Fund to which**|||**Amount**|**due**|||**When due**|
||**Details**||**liability relates**||||**(optional)**||||**(optional)**|
|**B5 Liabilities**|PRS Foundation 2/2||Restricted funds|||||**2,100**|||**08 September 2023**|
||Juliet Fraser||Restricted funds||||**-**|**1,375**|||**11 September 2023**|
||BPA 2/2||Unrestricted funds|||||**283**|||**29 September 2023**|
||BBC Radio 3||Unrestricted funds||||**tbc**||||**tbc**|
||||||||||**-**|||
|Signed by one or two trustees on<br>behalf of all the trustees|Signature|||Print||Name|||||Date of approval|
|||||JACQUELYN BELL|||||||08-Dec-23|
|||||FAY JENNETT|||||||08-Dec-23|



CCXX R2 accounts (SS) 

08/12/2023 

2 

