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2023-03-31-accounts

TRUSTEES’ ANNUAL REPORT & ACCOUNTS 2023

Help Us, Save Them

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Trustees’ Annual Report and Accounts Year Ended 31 March 2023 | 3

TRUSTEES’ ANNUAL REPORT TRUSTEES’ STATEMENT

THE TEAM WERE BEYOND OUTSTANDING - IT WAS SHABBAT AND THEY WENT BEYOND THE CALL OF DUTY TO HELP A VERY DISTRESSED YOUNG MAN IN SEVERE PAIN FROM TRAUMABEYOND GRATEFUL.

Reflecting on the past year is always a gratifying experience. Amidst the daily demands of our responsibilities, it’s easy to overlook the collective achievements that define our shared journey. The fast-paced nature of our roles, spanning from frontline crews to the dedicated support staff at the charity, often leaves little time for introspection. Yet, this sense of unity and collaboration fills me with immense pride.

Our ability to save lives hinges on the unwavering dedication of our outstanding team and the strong partnerships that align with our mission and vision. Together, our committed volunteers work tirelessly to serve the North-West London community, ensuring we remain a constant presence 24 hours a day, every day of the year. The remarkable generosity of our volunteers and donors has resulted in an astonishing £1.7M raised this year.

Behind the scenes, the trustees, committee, and senior management team have played pivotal roles in guiding the organisation through a period of substantial change, supporting the membership in achieving ambitious strategic goals safely. Our robust financial performance over the past few years has empowered us to sustain investments in both operations and fundraising.

In our forthcoming annual report and accounts for 2022-2023, we will delve into the narrative of our journey over the past 12 months and elucidate our forward trajectory. I extend my heartfelt gratitude to each and every one of you who contributes to this charity’s lifesaving mission in North-West London. Serving in this capacity is the greatest honour, and it is your unwavering support and dedication that make it such a privilege.

CONTENT

Trustees’ Annual Report 3 Independent auditor’s report to the members 24 Statement of financial activities 28 Statement of financial position 29 Statement of cash flows 30 Notes to the financial statements 31

L Blitz, Trustee

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LOOKING BACK

Hatzola Northwest Trust was set up to provide the North-West London community with free pre-hospital emergency medical care and transportation. Since its inception, our volunteers have responded to thousands of emergencies every year, from minor injuries to life-threatening conditions.

Additional ambulances

The organisation procured an additional 2 ambulances that should go live and operational in 2024.

Services

Our team continues to expand and in 2022/23, our class of 2023 achieved FREC 3 qualification and proceeded through our rigorous training program. These new recruits will go live in Q2 2024.

LOOKING AHEAD

The charity’s objects are the protection and preservation of health and the relief of sickness. In particular, by the provision of first aid relief and assistance to people who are ill or sick or otherwise in need of medical care and attention, provision of first aid training and the provision of first aid cover at public events in the North-West London area.

Paramedics

Further to 3 of our current emergency responder volunteers enrolling on a 2-year paramedic course provided by ORMS. All 8 have graduated and qualified and are now HCPC registered paramedics. Ensuring we as an organisation continues to deliver the highest level of clinical care and skills to the North-West London community.

ePRF system upgrade

Following our extensive investment and a collective team effort, a new electronic patient record platform was launched in 2023. We went from 0% electrical to 99.8% electronic patient records. This ensures better governance, improved patient assessment, and ultimately increased patient care quality.

TRUSTEES’ ANNUAL REPORT (continued)

ACHIEVEMENT AND PERFORMANCE

The trustees are pleased with the performance of the charity during the year under review. The charity’s services have grown over the year and the trustees successfully fundraised in order to meet these increased costs. The extra costs included employing new staff members and renting a new facility for our staff members and volunteers which includes a training and lecture area, costs associated with training the paramedics and the costs of running two extra ambulances.

The organisation is CQC regulated with emergency responder volunteers’ certifications ranging from EMTs at FREC 3 or FREC 4 to qualified paramedics.

In January 2021, the organisation arranged 8 of their current emergency responder volunteers to enroll on a 2 year paramedic course provided by ORMS to ensure that the organisation delivers the highest level of clinical care and skills to the North West London community. 8 trainee paramedics qualified and started responding in May 2023.

Total income in the year was £1,797,115 (2022: £813,376) an increase from the previous year due to the charity’s fundraising efforts.

The organisation continues to provide ongoing medical training to all their emergency responder volunteers to ensure that they are equipped with the necessary skills, knowledge and competence to administer lifesaving procedures.

Total expenditure in the year was £932,327 (2022: £706,193) which increased due to the factors mentioned above.

The organisation has 61 emergency responder volunteers serving the local community of North West London and during the year attended over 5,000 callouts to individuals requiring emergency and urgent care. All these call-outs are monitored and dispatched by a group of 21 emergency call operator volunteers. The organisation operates from a fleet of 5 ambulances and 3 FRUs to facilitate the increasing demand on the organisations resources.

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A Year In Numbers 21 Call operators 12,056 Members dispatched Busiest members attended Took patients to hospital: 502 calls 2,154

----- Start of picture text -----
Average
response time:
6.9 min
----- End of picture text -----

----- Start of picture text -----
2,486
Ambulances
dispatched
----- End of picture text -----

----- Start of picture text -----
61
Emergency
Calls received:
responders
6,025
Responders
dispatched
Active calls
every day:
33 3,832
----- End of picture text -----

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Hatzola Calls in the Year

SERVICES

Call taking and dispatch

April 2022 317

May 2022 331 Jun 2022 322

24 hours a day, 365 days a year, Hatzola Northwest volunteer dispatchers are on shift, ready to answer emergency calls. They deal with a wide range of calls, including road accidents, home emergencies, emergency childbirth,

and other urgent health needs. This year, Hatzola Northwest improved the Computer Aided Dispatch system, applying upgrades and updates, in line with changing legislation and compliance requirements.

Jul 2022 352

Aug 2022

273

Sep 2022 291

Oct 2022 320

Nov 2022 296

Dec 2022 412

Jan 2023 308

Feb 2023 284

Mar 2023 326

Emergency Responders

Day or night, our volunteer emergency medical responders are on the road within minutes of an incoming call. They deal with each crisis efficiently and compassionately, helping to speed up each patients’ road to recovery. Response times for critical and life-threatening situations is usually within minutes, making a significant difference to a patients’ health outcomes. All our volunteers attend ongoing training, delivered by qualified medical trainers, to ensure that their skills are kept current and in line with developments in medical research and regulations.

On-site treatment

In addition to stabilising seriously ill patients and transporting them to the hospital, our volunteers are often able to treat minor emergencies on the spot, avoiding the need for hospitalisation.

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YEARLY ACHIEVEMENTS

Throughout the year we have continually improved the quality and professionalism of our service to the community.

We have carried out new training and put many more structures in place to be as effective and efficient as possible. This has included:

“

I RANG HATZOLA NORTHWEST AS MY MOTHER BECAME POORLY VERY QUICKLY AND THE TWO MEN WHO ARRIVED WERE WONDERFUL IN CHECKING HER AND MAKING HER FEEL COMFORTABLE. IT WAS A HUGE RELIEF FOR ME TO KNOW THEY WERE ATTENDING TO HER AND I AM SO THANKFUL TO THEM.

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PARAMEDICS

Reducing pressure on ambulance services is one of the NHS national priorities. Whilst this exposes a particular challenge for high acuity cases, there are ways to reduce pressure on the service overall by offering paramedics help with lower acuity cases.

Dispatching someone with advanced clinical skills to a patient, such as a paramedic, allows the patient to be better triaged and in cases where the patient can receive appropriate advice, or medication, not only improves their overall outcome but takes the load off the hospital and saves transportation.

On Monday 16th November 2020, Hatzola Northwest began a 2-year journey to become a Paramedic organisation in collaboration with Outreach Rescue Medic Skills. Seven Hatzola Northwest volunteers were enrolled into the two-year programme which will involve over 40 days of face-to-face training, 750 hours of self-directed learning and 1500 hours of supervised practice with an experienced Paramedic. They undertook a range of modules including anatomy and physiology, medical and trauma emergencies, and paediatric & obstetric care. They will also undertake over 160 hours of training in local hospitals in order to become the best Paramedics.

In Q2 of 2023, Hatzola Northwest become the first Hatzola organisation in the UK to have 24/7 Paramedic cover to improve the assessment, management and treatment for our community.

The clinical lead for Hatzola Northwest, Kevin Cuddon, an Advanced Paramedic Practitioner, has already seen the impact this clinical development has made in the care and treatment options for the community for generations to come. “We will be able to offer improved patient care including enhanced treatment for critical emergencies like cardiac arrests, fitting and trauma patients and enhanced pain relief and fluid therapy”.

Hatzola Northwest Medical Director, Professor Stuart Rosen MA MD FRCP, “We are extremely excited that seven of our members are spearheading the next stage of development of Hatzola Northwest! This represents a major commitment on the part of all concerned and we are confident that their tremendous efforts in training will transform the care that Hatzola Northwest can deliver - for the great benefit of the whole community.”

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“

THANK YOU HATZOLA. YOU ARRIVED WITHIN 15 MINUTES OF OUR CALL ABOUT MY FATHER WHO WAS VERY ILL WITH COVID-19. YOU HANDLED EVERYTHING BRILLIANTLY AND TOOK HIM TO HOSPITAL. THANK G-D HE IS NOW RECOVERING. WE CANNOT THANK YOU ENOUGH.

Patient feedback

“

Excellent service given with the right amount of professionalism and empathy towards the patient.

98% excellent Quality of care received

97% excellent Call operator

95% excellent Response time

100% excellent Would recommend “

Hatzola are a phenomenal team and service. I am most grateful to the team for the level of speed, care and service provided every single time!!! Thank you so much.

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PLANS FOR THE FUTURE AND LOOKING AHEAD

SAVE TIME OUTSTANDING CARE

– To improve patient care and to end preventable deaths.

–Treat everyone who needs us, when and where they need us.

OUR CULTURE

– We continue to develop a supportive and enabling environment that gets the best out of our people from both the Charity side and the integrated operations with our partners, also ensuring that our Trustees are engaged and involved in this work.

“

THE CREW WAS VERY ATTENTIVE AND SHOWED GENUINE CONCERNS REGARDING THE CLIENT CONCERNED.

INCOME

– To ensure our financial security and sustainability over the next five years and fund our organisational objectives, secure long-term, diverse and sustainable income streams.

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“ THE MOST INCREDIBLE ASSET WE HAVE IN NORTH-WEST LONDON

“ “ “ “ UNBELIEVABLE SERVICE, THE TEAM WERE HATZOLA IS THE MOST WONDERFUL WE THINK HATZOLA WONDERFUL PEOPLE. WE FLAWLESS FROM START SERVICE AND THE MEDICS ARE IS INCREDIBLE. THANK ARE SO LUCKY TO HAVE TO FINISH. YOU GUYS UNFAILINGLY PROFESSIONAL, KIND YOU VERY MUCH HATZOLA. THANK YOU ARE THE BEST!!!! AND CONSIDERATE. THANK YOU FOR ALL YOU DO

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TRUSTEES’ ANNUAL REPORT (continued)

The trustees present their report and the financial statements of the charity for the year ended 31 March 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name Hatzola Northwest Trust

Charity registration number 1041441

Principal office The Sorting Office 2a St Georges Road London NW11 0LR

The trustees Mr L Blitz Mr J Jackson (Resigned 4 November 2022) Mr S Klein Mr B Liebermann Mr A Ormonde (Resigned 30 June 2022) Mr S Richman (Appointed 1 December 2022)

Auditor Cohen Arnold Chartered accountants & statutory auditor New Burlington House 1075 Finchley Road LONDON NW11 0PU

Bankers Barclays Bank Plc Leicester LE87 2BB

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document Related parties and The official name of the charity is Hatzola co-operations with Northwest Trust and it is a registered other organisations

The official name of the charity is Hatzola Northwest Trust and it is a registered charity constituted by a Declaration of Trust dated 9 September 1994 and amended by Deed on 26 December 2012.

None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee of the charity with a supplier company must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions were reported.

It is registered as a charity with the Charity Commission and its charity number is 1041441.

Appointment, training and recruitment of trustees

None of the trustees have any beneficial interest in the charity.

The trustees have no beneficial interest in the charity and are chosen by agreement of trustees at an annual meeting. The choice is based on applicants’ medical and community knowledge.

OBJECTIVES AND ACTIVITIES

The charity’s objects are the protection and preservation of health and the relief of sickness. In particular, by the provision of first aid relief and assistance to person who are ill or sick or otherwise in need of medical care and attention or hospital or clinical nursing services, provision of first aid training and the provision of first aid cover at public events in the North West London area.

New trustees are provided with trustee induction training which includes an understanding of the content of the Deed of Trust, their legal obligations under the Charities Act, the organisational structure of the charity and the recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events which enhance their knowledge and skill thereby improving their performance.

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

Management of the charity

The day-to-day affairs of the charity are administered by an operation manager and managed by a committee of volunteers who are elected by the membership. The council of trustees supervise the activities of the committee. Staff are remunerated in line with roles with similar responsibilities in the charity sector.

Investments

The charity investment objectives include ensuring that there is minimal risk to its capital. The charity is satisfied that this objective has been met by its risk-free investment and thereby fulfilling the trustees’ responsibilities.

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TRUSTEES’ ANNUAL REPORT (continued)

Reserves policy

FINANCIAL REVIEW

As at 31 March 2023, £1,064,615 was held as unrestricted funds and £502,404 as restricted funds, which £230,000 is earmarked for a new building.

Risk management

The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable reports to be produced so that the necessary steps can be taken to lessen these risks.

It is the policy of the charity to hold in reserve a minimum of one year’s anticipated expenditure to cover in the event of the trust being unable to raise funds for any particular reason.

The trustees have a risk management strategy which comprises:

Investment policy and its objectives

It is the policy of the charity to maintain its funds in the form of liquid assets.

PLANS FOR FUTURE PERIODS

The charity plans to continue to increase, where possible, its existing activities.

This work has identified that financial sustainability is the major financial risk for the charity. A key element in the management of financial risk is a regular review of available liquid funds to settle debts as they fall due to ensure sufficient working capital by the charity.

TRUSTEES’ RESPONSIBILITIES STATEMENT

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees’ annual report was approved on 15 January 2024 and signed on behalf of the board of trustees by:

Mr B Liebermann Trustee

Attention has also been focused on non-financial risks arising from health and safety of the users. These risks are managed by having robust policies and procedures in place, and regular training to ensure that our emergency responders have the required skills, knowledge and competence to administer lifesaving procedures. The trustees are satisfied that these systems and procedures manage all relevant risks.

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF HATZOLA NORTHWEST TRUST

OPINION

BASIS FOR OPINION

We have audited the financial statements of Hatzola Northwest Trust (the ‘charity’) for the year ended 31 March 2023 which comprise the statement of financial activities, statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

In our opinion the financial statements:

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

OTHER INFORMATION

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF HATZOLA NORTHWEST TRUST (continued)

AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are

instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Conclude on the appropriateness of the trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.

We communicate with those charged

with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Cohen Arnold is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

USE OF OUR REPORT

This report is made solely to the charity’s members, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s members as a body, for our audit work, for this report, or for the opinions we have formed.

David Goldberg FCA (Senior Statutory Auditor)

For and on behalf of

Cohen Arnold Chartered accountants & statutory auditor

New Burlington House 1075 Finchley Road LONDON NW11 0PU

Our audit was completed on 15 January 2024 and our opinion was expressed at that date.

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STATEMENT OF FINANCIAL ACTIVITIES

Note
Income and endowments
Donations and legacies
4
Investment income
5
Total income
Expenditure
Expenditure on raising
funds:
Costs of raising donations
and legacies
6
Expenditure on charitable
activities
7,8
Total expenditure
Net income
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried
forward
Unrestricted
funds
£
1,475,344
682		 2023
Restricted
funds
£
321,089
–		 Total funds
£
1,796,433
682		 2022
Total funds
£
813,348
28
1,476,026 321,089 1,797,115 813,376
(78,575)
(853,752)		 –
–		 (78,575)
(853,752)		 (12,423)
(693,770)
(932,327) – (932,327) (706,193)
543,699 321,089 864,788 107,183
48,685 (48,685) – –
592,384
472,231		 272,404
230,000		 864,788
702,231		 107,183
595,048
1,064,615 502,404 1,567,019 702,231

STATEMENT OF FINANCIAL POSITION

Note
FIXED ASSETS
Tangible fxed assets
15
CURRENT ASSETS
Debtors
16
Investments
17
Cash at bank and in hand
CREDITORS: amounts
falling due within one
year
19
NET CURRENT ASSETS
TOTAL ASSETS LESS
CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE
CHARITY
Restricted funds
Unrestricted funds
Total charity funds
21		 £
16,070
253,846
943,685		 2023
£
379,841
1,187,178		 £
7,500
253,293
94,641		 2022
£
373,521
328,710
1,213,601
(26,423)		 355,434
(26,724)
1,567,019 702,231
1,567,019 702,231
502,404
1,064,615		 230,000
472,231
1,567,019 702,231

These financial statements were approved by the board of trustees and authorised for issue on 15 January 2024, and are signed on behalf of the board by:

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The notes on pages 31 to 40 form part of these financial statements.

Mr S Klein Mr B Liebermann Trustee Trustee

The notes on pages 31 to 40 form part of these financial statements.

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Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net income/(expenditure)
Adjustments for:
Depreciation of tangible fxed assets
Other interest receivable and similar income
Interest payable and similar charges
Accrued expenses
Changes in:
Trade and other debtors
Trade and other creditors
Cash generated from operations
Interest paid
Interest received
Net cash from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of tangible assets
Net cash used in investing activities
NET DECREASE IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT END OF YEAR18
STATEMENT OF CASH FLOWS
2023
£
864,788
106,813
(682)
1,230
5,790
(8,570)
(6,091)		 2022
£
107,183
109,407
(28)
747
–
(7,500)
14,245
963,278
(1,230)
682		 224,054
(747)
28
962,730 223,335
(113,133) (328,608)
(113133) (328608)
,
,
849,597
(105,273)
347,934
453,207
1,197,531
347,934

STATEMENT OF CASH FLOWS

The notes on pages 31 to 40 form part of these financial statements.

NOTES TO THE FINANCIAL STATEMENTS

1. GENERAL INFORMATION

due, based on the current net asset position of the charity and available sources of finance.

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is The Sorting Office, 2a St Georges Road, London, NW11 0LR.

Judgements and key sources of estimation uncertainty

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis and the functional currency of the charity is sterling, rounded to the nearest whole pound.

The trustees do not consider there are any critical judgements or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

The charity meets the definition of a public benefit entity under FRS 102.

Going concern

Fund accounting

These financial statements have been prepared in accordance with accounting principles appropriate to a going concern, as the trustees have a reasonable expectation that the charity has adequate resources to continue in existence for the foreseeable future by meeting its obligations as they fall

Unrestricted funds

General unrestricted funds comprise the accumulated surplus or deficit on income and expenditure account. They are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

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NOTES TO THE FINANCIAL STATEMENTS (continued)

Restricted funds

Restricted funds are the accumulation of all donations given to the charity. These may be subject to wishes requested by the donor when they make these gifts. Under normal circumstances these wishes will be honoured if they fall within the objects of the charity.

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are

apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Operating leases

Lease payments are recognised as an expense over the lease term on a straightline basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straightline basis.

Resources expended

Tangible assets

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Medical and communication equipment - 15% reducing balance

Garage & transmitter base - 20% reducing balance

Ambulances

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Trade and other debtors

Trade and other debtors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition, trade and other debtors that are classified as receivable within one year are measured at the undiscounted amount of the cash or other consideration expected to be received net of impairment.

Trade and other creditors

Trade and other creditors are recognised initially at transaction price less attributable transaction costs. Subsequent to initial recognition trade and other creditors that are classified as payable within one year are measured at the discounted amount of the cash or other consideration expected to be paid.

Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at bank.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

34 | Hatzola Northwest Trust

Trustees’ Annual Report and Accounts Year Ended 31 March 2023 | 35

NOTES TO THE FINANCIAL STATEMENTS (continued)

4. DONATIONS AND LEGACIES



DONATIONS
Donations received
DONATIONS
Donations received		 Unrestricted
Funds
Restricted
Funds
Total Funds
2023
£
£
£
1,475,344 321,089 1,796,433
Unrestricted
Funds
£
612,324		 Restricted
Funds
£
201,024		 Total Funds
2022
£
813,348

5. INVESTMENT INCOME

Unrestricted Total Funds Restricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Interest income 682 682 28 28
Interest income Unrestricted

Total Funds
Restricted

Total Funds		 Unrestricted

Total Funds
Restricted

Total Funds		 Unrestricted

Total Funds
Restricted

Total Funds		 Unrestricted

Total Funds
Restricted

Total Funds		 Unrestricted

Total Funds
Restricted

Total Funds
Funds
£
682		 2023
Funds
2022
£
£
£
682
28
28
. COSTS OF RAISING DO
Fundraising costs		 ATIONS AND LEGACIES
Unrestricted
Funds
Total Funds
2023
Restricte
Fund
£
£

78,575
78,575
12,42		 d
s
Total Funds
2022
£
£
3
12,423

6. COSTS OF RAISING DONATIONS AND LEGACIES

7. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE

Emergency response
services
Support costs
. EXPENDITURE ON CHA		 Unrestricted
Funds
Total Funds
2023
Restricted
Funds
Total Funds
2022
£
£
£
£
780,492
780,492
650,294
650,294



 Unrestricted
Funds
Total Funds
2023
Restricted
Funds
Total Funds
2022
£
£
£
£
780,492
780,492
650,294
650,294



 Unrestricted
Funds
Total Funds
2023
Restricted
Funds
Total Funds
2022
£
£
£
£
780,492
780,492
650,294
650,294



 Unrestricted
Funds
Total Funds
2023
Restricted
Funds
Total Funds
2022
£
£
£
£
780,492
780,492
650,294
650,294
73,260 73,260 43,476 43,476
853,752 853,752 693,770 693,770

8. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE

Emergency response
services
Governance costs		 Activities
undertaken
directly
Support
costs
Total funds
2023
Total Funds
2022
£
£
£
£
780,492
62,994
843,486
690,213		 Activities
undertaken
directly
Support
costs
Total funds
2023
Total Funds
2022
£
£
£
£
780,492
62,994
843,486
690,213		 Activities
undertaken
directly
Support
costs
Total funds
2023
Total Funds
2022
£
£
£
£
780,492
62,994
843,486
690,213
–
10,266		 10,266 3,557
780,492
73,260		 853,752 693,770

9. ANALYSIS OF SUPPORT COSTS

General ofce
Finance costs
Governance costs		 Emergency
response services
Total 2023
Total 2022
£
£
£
61,764
61,764
39,172
1,230
1,230
747
10,266
10,266
3,557		 Emergency
response services
Total 2023
Total 2022
£
£
£
61,764
61,764
39,172
1,230
1,230
747
10,266
10,266
3,557		 Emergency
response services
Total 2023
Total 2022
£
£
£
61,764
61,764
39,172
1,230
1,230
747
10,266
10,266
3,557
73,260 73,260 43,476

36 | Hatzola Northwest Trust

Trustees’ Annual Report and Accounts Year Ended 31 March 2023 | 37

NOTES TO THE FINANCIAL STATEMENTS (continued)

10. NET INCOME

Net income is stated after charging/(crediting):

11. AUDITORS REMUNERATION
12. INDEPENDENT EXAMINATION FEES
Depreciation of tangible fxed assets
Fees payable for the audit of the fnancial statements
Fees payable to the independent examiner for:
Independent examination of the fnancial statements		 2023
2022
£
£
106,813
109,407		 2023
2022
£
£
106,813
109,407
2023 2022
£
£
7,800
–
2023
2022
£
£
–
4,680

13. STAFF COSTS

The total staff costs and employee benefits for the reporting period are analysed as follows:

Wages and salaries
Social security costs
Employer contributions to pension plans		 2023
2022
£
£
91,259
18,750
5,586
–
2,284
484
99,129
19,234

The average head count of employees during the year was 2 (2022: 1).

No employee received employee benefits of more than £60,000 during the year (2022: Nil).

14. TRUSTEE REMUNERATION AND EXPENSES

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

15. TANGIBLE FIXED ASSETS

6. DEBTORS
Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Carrying amount
At 31 March 2023
At 31 March 2022
Trade debtors
Other debtors		 Medical &
communication
equipment
B. E. Alfreds
garage &
transmitter base
Ambulances
Total
£
£
£
£



 Medical &
communication
equipment
B. E. Alfreds
garage &
transmitter base
Ambulances
Total
£
£
£
£



 Medical &
communication
equipment
B. E. Alfreds
garage &
transmitter base
Ambulances
Total
£
£
£
£



 Medical &
communication
equipment
B. E. Alfreds
garage &
transmitter base
Ambulances
Total
£
£
£
£



 Medical &
communication
equipment
B. E. Alfreds
garage &
transmitter base
Ambulances
Total
£
£
£
£
382,644
52,261		 28,788
–		 878,132
60,872		 1,289,564
113,133
434,905 28,788 939,004 1,402,697
286,547
22,254		 28,484
61		 601,012
84,498		 916,043
106,813
308,801 28,545 685,510 1,022,856
126,104 243 253,494 379,841
96,097 304 277,120 373,521
2023
£
1,070
15,000		 2022
£
–
7,500
16,070
7,500

16. DEBTORS

Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £91,259 (2022: £18,750).

38 | Hatzola Northwest Trust

Trustees’ Annual Report and Accounts Year Ended 31 March 2023 | 39

NOTES TO THE FINANCIAL STATEMENTS (continued)

17. INVESTMENTS

2023 2022
£ £
Short-term deposits 253,846 253,293

18. CASH AND CASH EQUIVALENTS

8. CASH AND CASH EQUIVALENTS
2023 2022
Cash and cash equivalents comprise the following: £ £
Cash at bank and in hand 943,685 94,641
Short-term deposits 253,846 253,293
1,197,531 347,934

19. CREDITORS: amounts falling due within one year

2023 2022
£ £
Trade creditors 11,709 23,604
Accruals and deferred income 8,910 3,120
Social security and other taxes 2,565 –
Other creditors 3,239 –
26,423 26,724

21. ANALYSIS OF CHARITABLE FUNDS

Unrestricted funds

General funds
General funds
Restricted fund
Restricted Fund
Restricted Fund



















At 1 April
2022
Income
Expenditure
£
£
£
472,231
1,476,026
(932,327)		 Transfers
£
48,685		 At 31 March
2023
£
1,064,615
At 1 April
2021
£
365,048		 Income
£
612,352		 Expenditure
£
(706,193)		 Transfers
£
201,024		 At 31 March
2022
£
472,231
s
At 1 April
2022
£
230,000		 Income
£
321,089		 Expenditure
£
–		 Transfers
£
(48,685)		 At 31 March
2023
£
502,404
At 1 April
2021
£
230,000		 Income
£
201,024		 Expenditure
Transfers
At 31 March
2022
£
£
£
–
(201,024)
230,000

20. PENSIONS AND OTHER POST RETIREMENT BENEFITS

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,284 (2022: £484).

The defined contribution plan expenses are allocated to the unrestricted funds, which is consistent with the accounting treatment of staff costs.

40 | Hatzola Northwest Trust

Trustees’ Annual Report and Accounts Year Ended 31 March 2023 | 41

NOTES TO THE FINANCIAL STATEMENTS (continued)

22. ANALYSIS OF NET ASSETS BETWEEN FUNDS

2. ANALYSIS OF NET ASSETS BETWEEN FUNDS ASSETS BETWEEN FUNDS ASSETS BETWEEN FUNDS
Tangible fxed assets
Current assets
Creditors less
than 1 year
Net assets
Tangible fxed assets
Current assets
Creditors less than
1 year
Net assets		 Unrestricted Funds
Restricted Funds
Total Funds
2023
£
£
£
379,841
–
379,841
711,197
502,404
1,213,601
(26,423) – (26,423)
1,064,615 502,404 1,567,019
Unrestricted Funds
Restricted Funds
Total Funds

£
373,521
125,434
(26,724)
£
–
230,000
–
2022
£
373,521
355,434
(26,724)
472,231 230,000 702,231

23. ANALYSIS OF CHANGES IN NET DEBT

Cash at bank and in hand
Current asset investments		 At 1 Apr 2022
Cash fows
At 31 Mar 2023
£
£
£
94,641
849,044
943,685
253,293
553
253,846		 At 1 Apr 2022
Cash fows
At 31 Mar 2023
£
£
£
94,641
849,044
943,685
253,293
553
253,846		 At 1 Apr 2022
Cash fows
At 31 Mar 2023
£
£
£
94,641
849,044
943,685
253,293
553
253,846
347,934 849,597 1,197,531

24. OPERATING LEASE COMMITMENTS

The total future minimum lease payments under non-cancellable operating leases are as follows:


5. RELATED PARTIES
Not later than 1 year
Later than 1 year and not later than 5 years		 2023
2022
£
£
33,779
38,820
42,329
76,108		 2023
2022
£
£
33,779
38,820
42,329
76,108
76,108 114,928

25. RELATED PARTIES

There are no related party transactions that require disclosure.

HATZOLA NORTHWEST E￿E￿ENcy AMBUL￿CESERVlCE