## our best shot HATZOLA TrusT LimiTed ANNuAL rePOrT ANd ACCOuNTs COMPANY LIMITED BY GUARANTEE YEAR ENDED 31 JULY 2021 ## Our sA ~~Y~~ It’s been quite a year. A year of picking up the pieces in the wake of a lingering pandemic, a year where Hatzola’s team were kept only busier than ever with increasing cases of Covid and long-term Covid. But through it all, hope finally shone brightly– a vaccine had now been developed and would soon become available to help protect lives and communities. In record time, vaccines became available for the public. Fear and uncertainty hovered within the community, who turned to Hatzola and medical professionals for advice. Which would be lower, the risks of the vaccine or the risks of the virus? Who would be eligible to receive a vaccine? How safe were they? How would they be accessed? Our brave volunteers stepped up to the plate, giving the national vaccination efforts their ‘best shot’. Through their work, over 1,000 people were vaccinated against covid-19. The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 July 2021. We thank our volunteers, staff and supporters for enabling us to aim higher and better still, and be part of the humbling, inspiring experience of providing lifesaving and preventative care. M Breuer, 2 Chair ## Our CHAriTAbLe ObjeCTives The objects of Hatzola Trust Limited, as set out in the Memorandum and Articles of Association, are: 1. the protection and preservation of good health; 2. the provision of first aid relief and assistance to persons who are in need of medical attention; 3. the provision of first aid training; and 4. provision of first aid cover at public events. The charity achieves its objects by working closely alongside Hatzola Trust, a registered charity regulated by the Care Quality Commission which has common charitable objectives and shared trustees. The charity raises funds for the medical response services provided by Hatzola Trust and acquires assets for use during the course of Hatzola Trust’s activities. 3 ## Our sTrATegiC Aims a) To efficiently use all available resources to save lives or enhance the lives of the general public, as well as the ill, the disabled, the mentally challenged, and other medically vulnerable members of society b) To increase the speed of emergency response through upgrading equipment, protocols, and training, knowing that minutes count when lives are at stake c) To develop new premises which will house streamlined offices, communication / training centres and stateof-the-art ambulance bays d) To continuously raise and manage the funds necessary to continue our life-sustaining mission, ensuring the sustainability of our charity ## sTruCTure, gOverNANCe ANd mANAgemeNT ## GOVERNING DOCUMENT The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association. The charity is run by the board of directors, also called the trustees, who are required to apply the charity’s resources to achieve its charitable objects, and to provide strategic leadership of the charity’s work. There are currently five trustees with wide ranging skills and experience relevant to the charity’s activities. All trustees were provided with a full induction into the charity’s work prior to their appointment, and they meet regularly to govern and lead the charity’s work. 4 ## ACHievemeNTs ANd PerfOrmANCe Hatzola has directly benefited over 10,713 patients in the reporting year, with call volume surpassing previous years. Calls are handled by professionally trained volunteers to ensure the charity’s expenses are kept at a minimum. Hatzola’s work spans both the responsive and preventative side of healthcare with significant resources directed both to emergency services and unplanned care, as well as to promotion of public health and health improvement measures. 5 sTAff ANd vOLuNTeers Administrators 3 Trained dispatchers 22 Qualified emergency responders 47 AmbuLANCe TrANsPOrT To hospital 2,347 Inter-hospital 41 Hospital to home 187 ## **Calls reCeived 10,713 Calls attended 5,739** PATIeNTs vACCINATIONs Patients Events 5,739 3 Children Trained Hatzola 2,887 vaccinators 8 Adults Hatzola-facilitated vaccinations 1,692 Elderly 1,000 + 702 6 ## emergeNCY resPONse serviCes At every hour, day or night, Hatzola can be counted on to arrive at the scene within those crucial first minutes. Each crisis is dealt with efficiently and compassionately, each patient presented with highquality care and knowledgeable advice, significantly improving health outcomes. Hatzola’s interventions often literally spell the difference between life and death for patients. In life-threatening situations, patients will be stabilised and transported to hospital. Volunteers are also able to treat minor injuries on-site, thus avoiding unnecessary hospitalisation. 7 ## TrANsPOrT ## TO HOsPiTAL Where there is a medical need, Hatzola transports patients from home, site of accident or GP surgeries to suitable hospitals. ## frOm HOsPiTAL Hatzola ensures patient care from start to finish, providing transport home when required. ## INTer-HOsPiTAL Where necessary, local hospitals will contact Hatzola to provide inter-hospital transport when the NHS cannot meet existing need due to strained resources. 8 ## Our COvid resPONse ## HOme WeLfAre CHeCks With many vulnerable patients still isolating at home, Hatzola rose above the call of duty by offering home visits. These were for practical purposes, to deal with any medical questions and evaluate the need for hospitalisation, but equally for emotional peace of mind – patients revelled in the warmth volunteers gave, knowing that Hatzola will always have their back. With Hatzola’s ongoing support and assistance, hundreds of patients with Covid symptoms were supported to remain home when it was safe to do so, avoiding further risk and drains on public resources. ## COvid 19 reguLATiONs Hatzola’s activities, regulations and requirements were subject to many changes during this period, in line with evolving Public Health and government guidance. Adaptation to operations and services were implemented accordingly. Hatzola, being a respected community voice in healthcare matters, conveyed Public Health guidance to the community by advertising regularly in local publications in three languages, for maximum reach in the community. 9 ## COmmuNiTY AWAreNess ANd eduCATiON Frequent changes to Covid guidelines and public health messaging resulted in widespread confusion, particularly where people had limited digital and media access . Hatzola worked to address this by publishing widely-disseminated culturally-friendly materials, twice posting letters to thousands of households in the locality. Additionally, on every emergency call out, Hatzola left behind an information card detailing steps to be taken if Covid symptoms are identified, and how to stay safe. Upon recommendation for school children to be tested weekly for Covid-19, to minimise exposure and spread the virus, Hatzola joined with the local Public Health team to support students in doing this, appointing volunteers to support each school individually with implementation of guidelines. 10 ## ImmuNisATiON effOrTs The UK’s biggest vaccination programme launched in December 2020, with the ambitious goal of vaccinating the country within the year. Recognizing the need to directly engage with the North London Orthdox Jewish community around vaccination uptake, Hatzola immediately stepped in to national vaccination efforts. Hatzola provided relevant, trusted information a free helpline, adverts in local circulars and widely-distributed materials. Hatzola then facilitated three vaccination events across the months of February and March, initiated by Hatzola, and funded by The City and Hackney Confederation of GPs, where 8 of the vaccinators were Hatzola’s own members. Hatzola also worked to make vaccines accessible to everyone. Appointments could be booked through Hatzola, who shared a booking system with the local GP service. Where needed, transport was provided to appointments, with Hatzola even arranging home visits for the housebound. Working creatively and tirelessly, Hatzola accomplished a daunting feat – vaccinating a large section of an insular community, in several weeks. Over 1,000 vaccinations were facilitated by Hatzola by July 2021. ‘The Covid-19 vaccination programme has been one of the few almost unqualified successes of the UK’s response to the pandemic. ~~System-working, joining up the NHS, local government and the voluntary sector~~ was a hallmark of the vaccine roll-out. ~~Local knowledge and delivery were crucial. Volunteers also played a vital role, n~~ ot just in acting as stewards at vaccination sites, but ~~also in terms of community outreach, for example with faith communities~~ and others offering sites for vaccination which in turn built trust in the vaccine and in the NHS.’ _The Covid-19 Vaccination Programme, Trials, tribulations and successes. The King’s Fund, January 2022_ 17-1 Hatzola’s vaccination drives were lauded as examples of excellent coproduction between public sector and community organisations and attracted some notable visitors, with Nadim Zahawi, the then-Parliamentary Under Secretary of State at the Department of Health and Social Care and Philip Glanville, Mayor of Hackney attending the February event and the Mayor of London, Sadiq Khan joining the March vaccination drive. A prior immunisation event on was frontpage-featured on 13th February 2021 in the Independent. Huge thanks to local NHS, Hackney Council and first responders in the Hatzola ambulance service who are encouraging vaccination in the Jewish community. Vaccines will save thousands of lives and help us get out of the pandemic. Nadhim Zahawi Then- Parliamentary Under Secretary of State at the Department of Health and Social Care It’s so uplifting to see for myself the brilliant work Hatzola are doing with the NHS and the council [in] encouraging more Orthodox Jewish Londoners to take their vaccine. Sadiq Khan Mayor of London I was impressed with the work that community leaders are doing to encourage the community to comply with coronavirus regulations. I think it is very important that all communities come forward for vaccination. Diane Abbott MP 13 ## ~~PArTNersHiPs~~ Hatzola works alongside hospitals and emergency services in and around the area to coordinate professional care for patients, including the Homerton University Hospital, Royal London Hospital, Whittington Hospital and other outlying hospitals; the London Ambulance Service, London Fire and Rescue, the Metropolitan Police and the Helicopter Emergency Medical Service. These relationships are proving crucial for liaison between health services and the community as the pandemic continues. Building on Hatzola’s ongoing partnership with the City and Hackney Clinical Commissioning Group, we were able to establish excellent communication lines with several local hospitals, including The Royal London Hospital and Homerton University Hospital. This allowed us to support families’ connection with loved ones even as visitation limits prevailed. Joint work around vaccination drives was initiated by Hackney Council’s Public Health department and the City and Hackney Confederation of GPs. Close and productive working relationships with public sector partners have helped Hatzola achieve the shared goals of improving the public’s health and wellbeing and reducing ill-health and mortality during the ongoing pandemic and health crisis. 14 ## beHiNd THe sCeNes ## CALL ANd disPATCH 24 hours a day, 365 days a year, Hatzola’s volunteer dispatchers are on shift, ready to answer emergency calls. They deal with a wide range of calls, including road accidents, home emergencies, work injuries, emergency childbirth, and other urgent health needs, with many relating to Covid in this period. This year, Hatzola Implemented an improved Computer Aided Dispatch system, which made dispatching smoother and speedier, as well as satisfying all regulations. ## mediCiNe ANd equiPmeNT Hatzola maintains a fleet of ambulances, assessing and assuring compliance with all statutory checks, health & safety, and infection control standards. Ambulances, supply kits and medications are consistently checked to ensure they are in date and at optimum supply levels. ## PArAmediC TrAiNiNg This year the charity embarked on a training course to upgrade the skill sets of 8 of its current emergency responder volunteers to Paramedic level to ensure the organisation continues to deliver the highest level of clinical care and skills to the local community, thus ensuring excellent patient outcomes. 15 ## Our fuTure PLANs Hatzola’s overarching goal is to ensure the continuity of its professional and compassionate emergency response and public health service; a growing target community and lingering pandemic have increased demand. To further these aims Hatzola will focus on these specific strands in the next year: - Services: Expansion of our dispatch and emergency technician team by recruitment and induction; continued professional development and training of current team members; upgrading to digitalised patient record system for enhanced data collection and compliance with GDPR. - Additional Ambulances: Expand ambulance fleet with at least two new vehicles. - Capital Project: Ambulance Bay and Building: Together with Hatzola Trust, the charity has embarked on a capital project to secure premises for a permanent base for the operations of the charity. This highly anticipated project will give Hatzola a permanent and purpose-built base and will enhance quality, efficiency and reach of all current services, as well as enabling the charity to develop new services according to community need. - Finances: Ensure financial sustainability by exploring - new avenues of fundraising, in addition to expanding existing funding streams. - Compliance: Continued careful examination of our methodology and processes to ascertain all regulatory requirements are satisfied. 16 ## PubLiC beNefiT The Trustees confirm their compliance with the duty to have due regard to the Public Benefit guidance published by the Charity Commission as well as the Equalities Act 2010 when reviewing the Charity’s aims and objectives and in planning future activities ## risk mANAgemeNT The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these systems and procedures help manage the identified risks. ## fiNANCiAL revieW The charity has a policy to maintain unrestricted funds at a level which provides sufficient funds to cover management and administration costs in the medium term and allows for the continued planned expansion of activities. The charity’s funds as at 31 July 2021 was £473,298 unrestricted and £319,000 restricted. 17 ## Trustees’ responsibilities statement The trustees, who are also directors for the purposes of company law, 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). Company law 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 charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; ## Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees’ annual report was approved on 22 July 2022 and signed on behalf of the board of trustees by: ## Mr M Breuer ## Trustee - make judgments and accounting estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 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 Companies Act 2006. 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. ## Auditor Each of the persons who is a trustee at the date of approval of this report confirms that: - so far as they are aware, there is no relevant audit information of which the charity’s auditor is unaware; and - they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity’s auditor is aware of that information. 18 ## HATZOLA TrusT LimiTed COmPANY LimiTed bY guArANTee ## INdePeNdeNT AudiTOr’s rePOrT TO THe members Of HATZOLA TrusT LimiTed YeAr eNded 31 juLY 2021 ## Opinion We have audited the financial statements of Hatzola Trust Limited (the ‘charity’) for the year ended 31 July 2021 which comprise the statement of financial activities (including income and expenditure account), 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). In our opinion the financial statements: ## Conclusions relating to going concern 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. - give a true and fair view of the state of the charity’s affairs as at 31 July 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; - have been prepared in accordance with the requirements of the Companies Act 2006. ## Basis for opinion 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. ## 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. ## Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: 19 - the information given in the trustees’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the trustees’ report has been prepared in accordance with applicable legal requirements. ## 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 Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees’ remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report. ## Responsibilities of trustees As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors for the purposes of company law) 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. ## 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: - We obtained an understanding of the legal and regulatory frameworks that are applicable to the company, and determined that the most relevant to the presentation of the financial statements are those that relate to the reporting legislation (UK GAAP and the Companies Act 2006), the relevant tax regulations in the United Kingdom, the Landlord and Tenant Act, the UK General Data Protection Regulation (GDPR), Health & Safety Regulations and the Bribery Act. We understood how the company is complying with those frameworks through discussion with the trustees and senior management, and by identifying the company’s policies and procedures regarding compliance with laws and regulations. We also identified those members of management who have the primary responsibility for ensuring compliance with laws and regulations, and for reporting any known instances of non-compliance to the trustees. We communicated these identified frameworks amongst our audit team and remained alert to any indications of non-compliance throughout the audit. We ensured that the engagement team had sufficient competence and capability to identify or recognise non-compliance with laws and regulations. - We discussed with the trustees and senior management the policies and procedures regarding compliance with these legal and regulatory frameworks. - We assessed the susceptibility of the company’s financial statements to material misstatement, including how fraud might occur, by reviewing the company’s identified risks and enquiry with the trustees and senior management during the planning and finalisation phases of our audit. The susceptibility to such material misstatement was determined to be low. - Based on this understanding we designed our audit procedures to identify noncompliance with the identified legal and regulatory frameworks, which were part of our procedures on the related financial statement items. Our procedures included reviewing the company’s internal controls policies and procedures, reviewing the minutes of board meetings and correspondence with regulatory bodies including HMRC, testing transactions outside the normal course of the 20 Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not 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. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. 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. ## Use of our report This report is made solely to the charity’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. 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. D Goldberg (Senior Statutory Auditor) For and on behalf of Cohen Arnold Chartered accountants & statutory auditor New Burlington House 1075 Finchley Road LONDON NW11 0PU - 22 July 2022 - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. - 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. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 21 ## HATZOLA TrusT LimiTed sTATemeNT Of fiNANCiAL ACTiviTies (iNCLudiNg iNCOme ANd exPeNdiTure ACCOuNT) YeAr eNded 31 juLY 2021 |**Income and endowments**
Donations and legacies
Charitable activities
Investment income
**Total income**
**Expenditure**
Expenditure on raising funds:
Costs of raising donations and legacies
Expenditure on charitable activities
**Total expenditure**
**Net income and net movement in funds**
**Reconcilation of funds**
Total funds brought forward
**Total funds carried forward**||Notes
5
6
7
8
9,10|2021
Unrestricted
Funds
£
857,664|2021
Unrestricted
Funds
£
857,664|
2021
Restricted
Funds
£
357,973
51059|
2021
Total Funds
£
1,215,637
51059|2020
Total Funds
£
955,696
32434| |---|---|---|---|---|---|---|---| |||||157|,|,
157|,
166| |||||857,821|409,032|1,266,853|988,296| ||||||||| ||||33,924
749,791||90,032|33,924
839,823|181,218
576,272| |||||783,715|90,032|873,747|757,490| ||||||||| |||||74,106|319,000|393,106|230,806| |||||399,192||399,192|168,386| |||||473,298|319,000|792,298|399,192| ||||||||| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 22 The notes on pages 24 to 33 form part of these financial statements. ## HATZOLA TrusT LimiTed sTATemeNT Of fiNANCiAL POsiTiON 31 juLY 2021 |Notes
**Fixed assets**
Tangible fxed assets 16
**Current assets**
Debtors 17
Cash at bank and in hand
**Creditors: amounts falling due within one year**18
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Funds of the charity**
Restricted funds
Unrestricted funds
**Total charity funds**19||2021
£
739,501
170,664
73,487|2020
£
195,903
170,028
289,762| |---|---|---|---| |||244,151
191,354|459,790
256,501| |||52,797|203,289| |||792,298|399,192| |||792,298|399,192| |||319,00
473,298|399,192| |||792,298|399,192| These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. These financial statements were approved by the board of trustees and authorised for issue on 22 July 2022, and are signed on behalf of the board by: ## HATZOLA TrusT LimiTed sTATemeNT Of CAsH fLOWs YeAr eNded 31 juLY 2021 |**Cash fows from operating activities**
Net income
_Adjustments for:_
Depreciation of tangible fxed assets
Other interest receivable and similar income
Accrued (income)/expenses
_Changes in:_
Trade and other debtors
Trade and other creditors
Cash generated from operations
Interest received
Net cash from operating activities
**Cash fows from investing activities**
Purchase of tangible assets
Net cash used in investing activitie**s**
**Net (decrease)/increase in cash and cash**
**equivalents**
**Cash and cash equivalents at beginning of year**
**Cash and cash equivalents at end of year**|2021
£
393,106
95,006
(157)
(6,986)
(636)
(58,161)|2020
£
230,806
75,726
(166)
15,386
5,102
103,542| |---|---|---| ||422,172
157|430,396
166| ||422,329|430,562| ||(638,604)
(638,604)|(196,275)
(196,275)| ||(216,275)
289,762|234,287
55,475| ||73,487|289,762| Mr M Breuer Trustee 23 The notes on pages 24 to 33 form part of these financial statements. ## HATZOLA TrusT LimiTed NOTes TO THe fiNANCiAL sTATemeNTs YeAr eNded 31 juLY 2021 The Trustees do not consider there are any critical judgements or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below. ## Fund accounting ## 1. geNerAL iNfOrmATiON The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Office 4, 1 Rookwood Road, London, N16 6SD. ## 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 Companies Act 2006. ## 3. ACCOuNTiNg POLiCies ## Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## Going concern There are no material uncertainties about the charity’s ability to continue. ## 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. The 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. 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. Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. ## Incoming resources All incoming resources are 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: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. ## Resources expended 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: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. 24 ## **NOTes TO THe fiNANCiAL sTATemeNTs (CONT.)** - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 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. ## Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. ## Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. ## 4. LimiTed bY guArANTee The charity is a company limited by guarantee and has no share capital. ## 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: Long leasehold property 25% straight line Motor vehicles - 25% reducing balance Equipment - 25% straight line ## Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable 25 NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 5. dONATiONs ANd LegACies |**Donations**
Donations
Campaigns
Grants
Standing order scheme
Gift aid|Unrestricted
Funds
Restricted
Funds
Total funds
2021
£
£
£
424,327
216,272
640,598
102,729
102,729
38,973
38,973
421,416
421,416
11,921
11,921| |---|---| ||857,664
357,973
1,215,637| |**Donations**
Donations
Campaigns
Grants
Standing order scheme
Gift aid|Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
2020
£
421,918
31,000
452,918
150,000
150,000
64,500
64,500
286,028
286,028
2,250
2,250| |---|---| ||774,696
181,000
955,696| 26 NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 6. CHAriTAbLe ACTiviTies Core activity grant funding ## 7. iNvesTmeNT iNCOme |||Total|Restricted|Total| |---|---|---|---|---| |Restricted||Funds|Funds|Funds| |Funds||2021||2020| |£||£|£|£| |51,059||51,059|32,434|32,434| |||||| Bank interest receivable |Unrestricted|Total|Unrestricted|Total| |---|---|---|---| |Funds|Funds|Funds|Funds| ||2021||2020| |£|£|£|£| |157|157|166|166| ## 8. COsTs Of rAisiNg dONATiONs ANd LegACies Fundraising costs |Unrestricted|Total|Unrestricted|Total| |---|---|---|---| |Funds|Funds|Funds|Funds| ||2021||2020| |£|£|£|£| |33,924|33,924|181,218|181,218| 27 NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 9. exPeNdiTure ON CHAriTAbLe ACTiviTies bY fuNd TYPe |Supporting Hatzola North London
Support costs
Supporting Hatzola North London
Support costs|Unrestricted
Funds
Restricted
Funds
Total
Funds
2021
£
£
£
740,338
90,032
830,370
9,453
9,453| |---|---| ||749,791
90,032
839,823| ||Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
2020
£
506,765
63,434
570,199
6,073
6,073| ||512,838
63,434
576,272| ## 10. exPeNdiTure ON CHAriTAbLe ACTiviTies bY ACTiviTY TYPe |Supporting Hatzola North London
Governance costs|Activities
undertaken
directly
Support costs
Total Funds
2021
Total Funds
2020
£
£
£
£
830,370
830,370
570,199
–
9,453
9,453
6,073| |---|---| ||830,370
9,453
839,823
576,272| 28 ## NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## **Breakdown of expenditure incurred in supporting Hatzola North London** |Ambulance maintenance
Communication
Compliance
Community awareness
Depreciation
Insurance
Medical supplies and equipment
Responders support
Training
Wages
Ofce costs
Other
Rent
11. NeT iNCOme
Net income is stated after charging/(crediting):
Depreciation of tangible fxed assets|2021
£
101,484
45,648
75,868
32,783
95,006
18,522
113,542
27,725
177,394
34,452
22,914
27,762
57,270|||2020
£
83,053
27,809
49,291
27,433
75,726
16,125
126,076
8,512
54,332
28,152
12,284
16,406
45,000
570,199
2020
£
75,726| |---|---|---|---|---| ||830,370|||| ||||2021
£
95,006|| ## 12. AudiTOrs remuNerATiON |Fees payable for the audit of the fnancial statements|2021
£
6,240|2020
£| |---|---|---| 29 ## NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 13. INdePeNdeNT exAmiNATiON fees ||2021||||2020| |---|---|---|---|---|---| ||£||||£| |Fees payable to the independent examiner for:|||||| |Independent examination of the fnancial statements|||||4,800| |14. sTAff COsTs|||||| |The total staf costs and employee benefts for the reporting period are analysed||||as follows:|| ||2021||||2020| ||£||||£| |Wages and salaries|34,452||||28,152| The average head count of employees during the year was Nil (2020: Nil). The average number of full-time equivalent employees during the year is analysed as follows: |Number of staf|2021
No.
6|2020
No
4| |---|---|---| No employee received employee benefits of more than £60,000 during the year (2020: Nil). ## 15. TrusTee remuNerATiON ANd exPeNses There was no remuneration paid to the trustees. The charity did not meet any individual expenses incurred by the trustees for services provided to the charity. 30 ## NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 16. TANgibLe fixed AsseTs |**Cost**
At 1 August 2020
Additions
**At 31 July 2021**
**Depreciation**
At 1 August 2020
Charge for the year
**At 31 Jul 2021**
**Carrying amount**
**At 31 Jul 2020**
At 31 July 2020|Long leasehold
property
£
24,491
529,800|
Motor
vehicles
£
251,559
8,648|
Equipment
£
73,738
100,156|**Total**
**£**
354,788
638,604| |---|---|---|---|---| ||554,291
10,590
9,563|260,207
97,330
40,719|178,894
50,965
44,724|993,392
158,885
95,006| ||20,153
534,138|138,049
122,158|95,689
83,205|253,891
739,501| ||13,901|154,229|27,773|195,903| ## 17. debTOrs |Trade debtors
Other debtors|2021
£
2020
£
2,418
1,782
168,246
168,246| |---|---| ||170,664
170,028| ## 18. CrediTOrs: AmOuNTs fALLiNg due WiTHiN ONe YeAr |Trade creditors
Accruals and deferred income
Social security and other taxes
Other creditors|2021
2020
£
£
33,843
115,279
13,440
20,426
2,498
2,498
141,573
118,298| |---|---| ||191,354
256,501| 31 NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 19. ANALYsis Of CHAriTAbLe fuNds ## uNresTriCTed fuNds |uNresTriCTed fuNds|||||| |---|---|---|---|---|---| |General funds
General funds
resTriCTed fuNds
Building project
Building project|At 1 August
2020
£
399,192|
Income
£
857,821|Expenditure
£
(783,715)|Transfers
£|At 31 July
2021
£
473,298| ||At 1 August
2019
£
168,386|
Income
£
774,862|Expenditure
£
(694,056)|Transfers
£
150,000|At 31 July
2020
£
399,192| ||At 1 August
2020
£|
Income
£
409,032|Expenditure
£
(90,032)|Transfers
£|At 31 July
2021
£
319,000| ||At 1 August
2019
£|
Income
£
213,434|Expenditure
£
(63,434)|Transfers
£
(150,000)|At 31 July
2020
£| Transfers between funds relates to restricted income spent on capital expenditure. It is the policy of the charity to move these to unrestricted funds once it has been spent unless there are restricting conditions even after the income has been spent. 32 ## NOTes TO THe fiNANCiAL sTATemeNTs (CONT.) ## 20. ANALYsis Of NeT 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**
ANALYsis Of CHANges iN NeT debT
Cash at bank and in hand|Tangible fxed assets
Current assets
Creditors less than 1 year
**Net assets**
Tangible fxed assets
Current assets
Creditors less than 1 year
**Net assets**
ANALYsis Of CHANges iN NeT debT
Cash at bank and in hand||Unrestricted
Funds
£
534,501
|
Restricted
Funds
£
205,000
|
Total Funds
2021
£
739,501
| |---|---|---|---|---|---| ||debT||130,151
(191,354)|114,000|244,151
(191,354)| ||||473,298|319,000|792,298| ||||Unrestricted
Funds
£
195,903
459,790
(256,501)|
Restricted
Funds
£|Total Funds
2020
£
195,903
459,790
(256,501)| ||||399,192||399,192| ||||At
1 Aug 2020
£|
Cash fows
£|At
31 Jul 2021
£| ||||||| ||||289,762|(216,275)|73,487| ## 21. ANALYsis Of CHANges iN NeT debT ## 22. reLATed PArTies The main purpose of Hatzola Trust Limited is to support the North London Hatzola service operated through Hatzola Trust. Hatzola Trust is an independent charity regulated by the Care Quality Commission, with the same charitable objects as Hatzola Trust Limited, and common trustees. 33 ## CHAriTY deTAiLs Registered charity name Hatzola Trust Limited Charity registration number 1160299 Company registration number 08390313 Principal office and registered office Office 4 1 Rookwood Road London N16 6SD Trustees Mr M Breuer Mr C S Goldman Mr G Schleider Dr S G Springer Mr B Stern