REGISTERED COMPANY NUMBER: 08589254 (England and Wales) REGISTERED CHARifi NUMBER.. 1155740 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 FOR HATZOLA EDGWARE Thè Paris Parbwrship LLP Chart•red Accountants Russell House 140 High Street Edgwarè MNJdlesex HA8 7LW •ABfK121L7* 3010w)22 COMPANIES HOUSE
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HATZOLA EDGWARE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Page Report ofth• Tru$tee5 I z Independont Examinerfs Repwl Stat•m•nl of Flnanclal Actlvlll•s Bal*ne• Sh••t ¢h Fl¢)w Stst•ment Nol•s to th• Cash Fl¢)w Stal•m•rt No¢os to th• Flnancial Slat•mw 8 to 13
HATZOLA ED WARE REGISTERED NUMBER: oose9254 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021 The tnjslegs are also directors of the tharity for the purposes of Ihe Com1$ Act 2006. present thgir report ith the financial statements of thg Charity for the Jtar ended 3151 Decemb&r 2021. The truslees have adoptsd th8 provisions of Accounting and Réporting by Charityes.. Staiemenl of Rèeommended Practice appltsble to chafities preparin9 their accounts in accoance wrth Ihe Financia Repth"ng Standard applica¥ Mi the UK and Repubkc of Ireland IFRS 1021 (effective 1 January 20191. 08JECTIVES AND ACTNMES Objectives and aims Hatzola is a patient focused crfganisalbon prOvidM Aaxdent & Emergency Sèr¥icos and Patbent Transpori Vlithin Edgware and the surrounding areas. Hatzola ts staffed by emeryJency care respondets l ambulance diivws and trained dispatch operators all of whom a voluntsers and give of their time free of dMrge. The seMc• t5 provided 24 hours a day 365 days a year. The oryanisation has adapted the ser¥i¢e it piovKl¢s to enslwe it best m¢tts ne8d$ of th& patiènt$ vithin the ¢ommunity it S8Nes. Patients range from the criticalty ill and iniuf8d. to those ith rninor heatth¢grn negds ean be assossed and trealed at home in the o)mmunity rx provKled wih Self-Ca advice. Funds arè bèin9 rnised for Halzcla actiyiliès in thè Bor•hamwd area. Publlc b8n•llt The Truste&s hav• paid due regard to the Charity commiss'S guidance on public benefit in dechling what aclivities the Charity should undertake. Allhough Hatrola's actiwbes are aimed wmarily at supporting thè Jèwish Communty it dogs respond to ¢alls from any fflember of the publt and also acts as a First Responder Unit for the London Ambulanca SeTrice. Volunteers The Mèmbats and Operatots work on a voluntggr basi$. Thus operatwal oflh$ organisab.on 8re kept lo minimum. STIIATEGIC REPORT Ach5•vement and pèrfomiane• Objectivès for th• al and plans forth t4rturn The overall o'•ctiv• of any giv•n year for Hatzola is to •nsur• that it can continue lo providg an gXC8llent seNce to an increasing number of emeryJency calls. This year the onJanisairon succèssfully raisèd the funds to purchase tsvo ngvrf ambJIan$. Finartcial review R•$èrve8 policy The Charity ha5 a Fdicy to maintsin unrestricted fijnds, thich are Ihe free serveS of the Chaiity. at a le1 which provid&s sufficient lunt1s to cover managom¢nl 8nd admini$tfatw o)sts in modiym temi. an(1 lo o)ntinue to expand our actiwties. Cash reserves are being held fty tho purthase of another ambulance •$ ell as the purchase of a permar*nt base ft>r our inbulwKes. STRUCTURE, GOVERNANCE AND MANAGEMEP Go¥erning do¢ument Thé charity 15 wnlrolled by its 9ov8ming dopJmenL a deed of trusc (y)nsliiutes a limited company, linited by guwantsg. as defThd bytho Compan$ Ad 2006. Page 1
LA EDGWARE REGI RED NUMBER: 085892 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2021 The charity is controlled by its goveming a deed of trus( and constitutes • limited Company. limited by guarantee, as defined by the Companies Act 2006. Hatzola EOJware was set up as a CcpanY [rIted by Gvarwtee 28 JU 2013. Hatzola Edgware is a Charity re9iStwad 1th the Charity CommFssion uThJ•r r•Jistrab'on nurnber 1155740 and Is commtsnly known 8s "Hatzola". The Trusteos encompass individua15 with dNerse backgrounds and expwi¢rKe. There is no minimum or maximum time that an individual may be a Trustee. New truslees am given the opporlunity to pèruse thè fomal Acctsunts for the years prior io their appointment. as well as hawrrtJ access to information conceming Hatzola's current fin8ncial situation. Trustees aim to meet formally at least oncè a monlh and are also in the day-to4ay management. REFERENCE AND ADMINISTRATIVE oAlLs Reglstered Company number 08589254 (England arml Wale$l R•glst•rod Charlty number 11 $5740 Rogist•Md offlc• 16 Broadfi*lds Avenue Edgware Middlesex HA8 8PG T Grosskopf D Rabson E Hambling Independ•nt Examin•r Lee Paris ICAEW (Senr strt9ry Auditor} The Paris Partnership LLP Chartered Accountants Russ?11 140 High Streèt Edgware Middlesex HA8 7LW Report of the tnjstees. incorpofating a strategic r8P)rt. approved by order of Ihe board of twstee5, as the cornpany directors. on 29th September 2022 and signed on the board's b•half by". E Hambling - Trustae Page 2
INDEPENDENT EXAMINEifs REPORT TO THE TRUSTEES OF HATZOLA EDGWARE Indepèndent examin•¢$ reptsrt to th• trust••s of Hatzola Edgware (Ihe Compan) l port to the charity truslees on my èXAmination of the 8CC4JJnts of the Company for the year ended 31st Oecember 2021. ResponJibililie¥ and basis of rnport As Ihe charity's trustees of th• Company (and rts thectors for the purposes ol eompony lawl you are responsible for the preparatNJn of tho acc4yJnts in accdanCe With the Tequirements of the Companies Act 2006 nhe 2006 Ad'}. Having sali5fied myself that the accounts of the Company are not wuired lo be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charitys accounts as carrièd out und•r s•ction 145 of the Charili•s Act 2011 Ilh• 2011 Ac¥). In carrying out my trxaminakn.on I hav• follod the Directions giv8n by the Charrty Commission under section 14951 Ib) of the 2011 Act. Ind?pend•nt •xamln•f$ stat•m•nt Sinc& your charivg gross income 6xceeded £250.IXIO your 6y2minw must b& a member of a listsd body. I can confirm that l am qualiffied to undertake the exaMinatn because l am a registered member ol ICAEW (Senior Statutory Auditor) which 18 one of Ihe listed bodiès. I have Compleled my examination. I confinn that no maitern have corne to my allention in connection vth the exaMa.0n ¥[n9 me cauu to bd1&.. accounting records were not kept in respect oftht Company as requ1 by tion 386 of the 2006 Act., or th8 occounts do not aceoTd 7Mth those cords. or the accounts do not comply th8 accounling wuiremenb of Sect 396 of thè 2006 Act other than any requirement that the accounts give a arKI fair wew which is nol a matter considered as part of an indendnt eXaMinatn.. or the accounts have not been prepared in adance ilh the methods and principses ol the Statemenl of Recommended Practice for ac¢ountin9 and reportin9 by Charrties (applib lo charities preparing the accounls in accordanc• vith thè Financial ReportWl9 Standard applicablo in the UK Rèp)11¢ of Ireland {FRS 102)). I havo no concems and have com• across no other matters in connection V*ith examination to which attèntion should be drawn in this rewi in to enablo • prOr urnlwstsndry ofthtr to be ached. ICAEW enior utfyy Auditor) The aris Parinership LLP Chartered AOunnIS Russell Hous• 140 High Street Ed9ware Middlesex HA8 7LW 29th Seplember 2022
HATZOLA EDGWARE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 31ST DECEMBER 2021 2021 Total funds 2020 Unrestricted Reslricl8d fvnd frjnd (und$ INCOME AND ENDOWMENTS FROM DonalrS and legacies 824.343 824.343 808.648 EXPENDITURE ON Fundrai5in9 aciivities 7.435 7.435 22.636 Charltabl• acliv•ti•# Resources expended 338.726 367.566 Total 346.161 346,1fj1 3.202 MET INCOME 478.102 478.182 418,446 RECONCIUATION OF FUNDS Total fund¥ broughl fon¥ard 667,102 667.102 248.656 TOTAL FUNDS CARRIED FORWARD 1.145,284 1,145.284 667.102 The note5 lomi part of Ihe5e financial $tal&ments Page 4
HATZOLA EDGWARE REGISTERED NUMSER: 0858 254 BALANCE SHEET OECEMBER 2021 2020 Ttstal funds Unmstrieted Restn"cted fund fund fvndg Notes FIXED ASSETS Tangible assets 10 151.460 151.460 224,092 CURRENT ASSETS Dèbtors Cash at bank 11 885,751 265.944 885.7S1 265,944 15,229 468,S08 1.151.695 1.151.695 483.737 CREDoR5 Amounts lalling due %%ithin t year 12 (157.871) 1157,8711 140,7271 NET CURRENT ASSETS 993.824 993,824 443,010 TOTAL ASSETS LESS CURRENT LIA81LITIES 1.145284 1.145,284 667.102 NET ASSETS 1.145284 1.145,284 667.102 FUNDS Unrestricted ldS 13 1.145284 667.102 TOTAL FUNDS 1.145.284 667,102 The charitable company 1$ èntitled lo eXernpti from audil under secti 477 of Ihe Companies Aci 2006 for the year ended 31st December 2021. Th• Momr5 hav• not rnquired the compar)y to obtain an aud¢t of its fir181#1 statements for Ihe year ended 31st Decembèr 2021 in accordance wth Sectft 476 of I Compank#s Act 2006. The trustees a¢kedge thoir responsibilitigs for lal ensuring that th• charitablè company keeps accentirj r•¢ords that eompty tith Seclions 386 an(1387 of th? Companies Act 2006 8nd preparing financial ststement5 which give a Irue and fair wiew of Ihe state of affairs of the charitable company as at the end of each financial y&ar and of ils suwus or dgficrt for each financial year in accordan with the requiiemenls of Seclions 394 and 395 and which otheMse Comp wth the requirements of thè Companiès Act 2006 relating to finGI81 statements. so far 85 applible to the charilable company. Ibl The financial statements T0 apprOj by thè Board of Trustees and aonse{l for issue on 29th Wtember 2022 and were signed on its behalf by= D Rabson- Trusiee E Hamblin9- Trustee The notes forrn ol th•s8 fmancial stst•m•nts
HATZO EDGWARE CASH FLObV STATEMENT FOR THE YEAR ENDED 31ST OECEM8ER 2021 2021 2020 Cash flows from op¢raling act•vltles Cash generated from 0ratiOnS 1202,564) 508,109 Nel ¢ash lus¥d inyprowded by operating 1¥11 1202.564) $08.109 Cash llows frryn i•w•stlng actl¥ities Purchas• of tangible fixed 8ss#ts {272,100} Net ¢ash provided byllu5ed in) invesbng acli¥il (272,1} Chang0 In cash and Cash 8qulval•nts In tha reporting p•riod Cash and cash equival•nts at th• bgginning of tho reporting p•ri¢xI {202,5641 236.009 468,508 232,499 Cash and cash •quhal•nts a¢ th• •nd of the portIng period 265.944 468,S08 The note5 f¢)mi part of these fin¥nug1 $t8tements Pag8 6
HATLOLA EDGWARe NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2021 RECONCIUATION OF NET INCOIAE TO NET CASH FLOW FROM OPERAnNG ACTMTIES 2021 2020 N•t Ineom• for the reporting poriod {as perthe St4tthb¥nt of Finaneial Aetfviliesl Adjuslments for: D8pre¢iation charges Ilncrèasèyd8crea5e in delitcrfs Incrèase in cfedittirs 478.182 418.446 72,632 {870,S22 117,144 70.736 5,490 13.437 N•t ca¥h lu¥¢d inVprovld•d by oporatloD$ 1202.5641 508.109 ANALYSIS OF CHANGES IM NET FUNDS At 1.1.21 Cash flow At 31.12.21 N•t cash Cash al bank I202,4> 265.944 468.508 {202.564) 265,944 Total 468.508 1202,S64} 265,944 Th• )t•S form part of Ihese finrial slatafflents Page 7
HATZOLA EOGWARE NOTES TO THE FINANCIAL STATEMENTS FOR THE EAR ENDED 31ST CEMBER 2021 ACCOUNTING POUCIES Basls of pr•paring thè financlal ststements The finanoal slatements of thè charitabl8 eompany. ¥thich 18 a public ben¢fit ¢nb"ty under FRS 102, havtr been prepared in accordance with the Charitsés SORP IFRS 1021 Accounb"ng and Reporting by Chariti8S'. Statement ol Recommended Practice applicable to charities preparing their accounts in accordance ffith the Financial RéportiryJ Standard applicable in the UK and Repubf(c of Ireland (FRS 7021 {effective 1 January 20191,, Finarbcial Rewting Stsndard 102 The Financial Reports"ng Standard appIlble in th? UK and Republic of Imland, and the Companies Act 2006. The finanual ststoments have beèn prd undw the histori¢al ¢o$t con¥enib)n. In¢ome All income is recDJnised in the Slatèment of FinarKial Acbvibes orKe Ihe dwrity has entiuement lo the fund5, 11 is probabl6 lh th• in¢ome wil be re¢¢ived and tho amount can be measur•d rtrliay. Expènditur• Liabiliti•s ara rècognised as expenditure a5 soon as tMr• is a legal or ¢gnstructrvè 19atIon committing the charity to that expenditure. it is Probable that a transler ol economic benefits vill be rèquirèd in ststtlèment and thè amount of ¢)bligabtin can be measured r81iably. Expenditure 15 accovnied for on an accruals basis an¢J has been Glas5ifiod under headin95 that aggrggal8 all cosl related to the tegory. Where costs cannol be direcuy attributed to parbcular headw they have t¥een allocated to actIveS on a basis consist•nt the of resource5. Tangibl• fixgd ass9ts Dèprnciats"on is prowded at the folhJ%birrfJ annual rate5 in order to tATite off each asset ov•r its estimated useful lrfe. Ambulance . 20% c05t Taxation Tha charily is èx¢mpt from ¢cpor8boFt tsx on tts ¢haritsbb ¥l1vits. Fund accounting Unrestricted funds can usad in acrxjrdaneè 4bith thè charilab obiectwès at dISli0n of the tru3tee3. Restrided fid$ can onty be used for parti¢wlar reslricted purposes wthin the obiocts of the charity. Restrictions arisè vh) sp8ofied by thè donor or7h8n fuThJs raised for particular $trIcted purrrtJse5. Furthgf explanalKJn of th¢ natu aThJ purpose cl ¢•¢h fund is included in the teS to the financial ststements. trre purchasè and l•aslng eommitmtrnts Rantals paid under opera.9 lèas&s are chwged 10 Ststement of Financial Al'eS on a slraight line baS over the period ofthe leas8. Debtors and er•ditors r•c•5vablelpayabl• withln on• al Dèbtors and iyeditor5 with no stated interest ratg and receivab and payable vrithin one year are recor(led at iransaction price. losses arising from impairnienl are recognis8d in Ihe profil and lo$$ a¢¢ounl in other admÈnistrative expenses. Cash and cash •quSvalents Cash and cash equNaknts indude cash li hand and depo*ts held at cai wth banks with original maiuriti8s of threè months or less. Page 8 ccfflkn'nued...
HATZOLA EDGWARE NOTES TO THE FINANCIAL STATEMENTS- eontinuod FOR TH YEAR ENDED 31ST DECEMBER 2021 DONATIONS AND LEGACIES 2021 2020 Donatsons. BorharnrOd Donations- Edgware 135.467 688.876 110.508 698,139 824.343 806,468 FUMDRAISING ACTivmES Ralslng donation$ and l¢gxie• 2021 2020 Support costs 7.435 22.636 CHARITABLE ACTMTIES COSTS Direct Costs Res1)U¥S expgnded 338.726 SUPPORT COSTS Mana9em¥nt Raising donation5 and legaryes 7,435 NÉT INCOMEIIEXPENDITURE) Nel in¢omel{e¥WidituI is st8ted ¢h8rginty{tr¢thbngl: 2021 2020 Depre¢ialion- ovmed asse¢s Hire of plant and machinèry othèr opèrats.ng 8$eS 72,632 26,146 4371 70.736 TRUSTEES. REMUNEIiATION AND BENEFirs There were no trusta•s' rèmUn•raIn or other beneffts far lh• year ended 31st December 2021 nor lor th• year ended 31st December 2020. TrystgW4' •XPènS•S wor¢ no trustees, expens paid for the year ended 31st Dernbtrr 2021 nor for year ended 31$t 08cember 2020. P•90 9 ¢ontinued...
HATZOLA EDGWARE NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31ST DECEMBER 2021 STAFF COSTS 2021 2020 Wage5 salaries 27.249 16.862 27.249 18.862 The average monthty number of employees during thè yèarT*as as follo". 2021 2020 Admin No employees receNed wntslumènts in excess of £60.orKI. COMPARATIVES FOR THE STATEMENT OF FIIIANCIAL ACTMTIES UnstriCted fund Restricted Tolal fiJnd$ INCOME ANO ENDOWMENTS FROM Donatn8 aTrJ legaci•s 808.648 808,648 EXPENDrruRE ON Fundrai$ing ¥cb¥ili¢s 22.636 22.836 CharltsbTe acti¥iti•s Resources expended 367.566 367.$66 Total 3W.202 390.202 NET INCOME 418.446 418.446 RECONCILIATION OF FUNDS Totsl fundg brought forwwd 248,656 248,656 TOTAL FUNDS CARRIED FORWARD 667.102 667.102 Pa3e 10 continued...
HATZOLA EDGWARE NOTES TO THE FINANCLAL STATEMENTS- continued FO EAR ST DECEM 10. TANGIBLE FIXEO ASSETS Website Ambula dmbopment Totals COST At 1st January 2021 Disposals 401681 3,$75 13.575) 408.256 13.575) At 31st 0g¢ember 2021 404.681 404,681 DEPRECIATION At 1 st January 2021 Charge for year Eliminated on disposal 180,589 72.632 3.575 184,104 72,632 13,57SI {3.575 At 31st D•ceber 2021 253.221. 253.221 NET BOOK VALUE At 31st Decgmb8r 2021 151.46Q 151.460 At 3151 December 2020 224.092 224,092 11. DEBTORS: AMOUNTS FALLING DUE I1N ONE YEAR 2021 2020 Afflounl¥ owed by Hatzola Edwwe Hohlings Other debtors PrepayThents 868.479 11.329 S.943 7,097 8.132 885.751 15.229 12. CREDITORS: AMOUNTS FALUNG DUE WH1N ONE YEAR 2021 2020 Trade cr8dilors Social seojrity and other taxes other ¢reditors 4.582 36,789 153289 3.8S4 157.871 40.727 13. IAOVEMENT IN FUNDS Nèt movèment in funds Al 31.12.21 At 1.1.21 Unr•strlcled funds General f £67.102 478.182 1.145.284 TOTAL FUNDS 667.102 478.182 1.145,284 Page11 continued...
HAfLoLA EDGWARE NOTES TO THE FINANCIAL STATEMENTS - contin FO ENDE 2021 13. MOVEMENT IN FUNDS- Net movem8nt in fvnd$. inthded in Ihè atmwe arn 8$ ffv$: Incomi sour¢¥$ Resources expended Movement in funds Unr•strietèd funds General fvnd 124343 {346.1611 478.182 TOTAL FUNDS 824.343 (346.161) 478,182 Comparatives for mov•m•nt In lunds Net movement in lunds At 31.12.20 At1.1.20 UnrtrIcted fvnds Genwal fund 248.656 418.446 667.102 TOTAL FUtr4DS 248.656 418.446 667,102 Comparatbve net rnovement in hjnds. induded in Ihe abovo are as follo. Incoming resources R•soure•s exFnded m0m in lunds Unr¢$tricted funds General fund 808.648 1390,2021 418.446 TOTAL FUNDS 808.648 I3.202) 418,446 A cent ye8r 12 rrKinths and prmx year 12 rn$ rnmbined F*)SitI is a5 frJIo." Nel rrthement in funds At1_1_20 31.12.21 Unrestricted fvnds General fd 248.656 896.628 1.145.284 TOTAL FUNDS 248,656 896,628 1,145.284 Page 12 ¢tInUed...
HATZOLA EDGWARE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECE BER 2021 13. MOVEMENT IN FUNDS- A current year 12 months and prK>f y•8r 12 monlhs eortMne(I net movèment in funds. included in Ihe ab¢)ve are as follows.. Incoming rèstyjrces Resource5 &Xnd*d Movement in funds Unr•strlct•d fvnds General fund 1.632.991 1736.363) 896.628 TOTAL FUNDS 1.632.991 1736,3631 896.628 14. RELATED PARTr DISCLOSURES Edgwwe Hatzola Holdlngs Ltd Company Irustees are Ihe same as Halzola Edwdre. thjring the year th• charrty made a of £868.479 to Edwr• Halzt4a Holdings Ltd. Edgwarè Hatzola Holdings Ltd was incorporated on 06 August 2021 and was registered as a charity with th8 Charily Commiss. (Charity Reg No 11958831. Ifs primary purposg is to acquiro, dgvglop and provide to Hatzola Edgwar• a gh quality base from thich to offer its servic•s to the local community. 15. ULTIMATÉ coMfROLLING PARTY Th• charity is und•r control of its trust••s. Page 13