## ## ## ||||||Page| |---|---|---|---|---|---| |Trustees'|annual report|(incorporating|the director's report)||| |Independent
auditor's||report to the members|||| |Statement|offinancial|activities (including||income and expenditure|| |account)|||||| |Statement|offinancial|position|||12| |Statement|ofcash flows||||13| |Notes to|the financial|statements|||15| ## ## |financial s|tatements ofthe charit|tatements ofthe charit|y for the year ende|d 31J|uly 2023.|| |---|---|---|---|---|---|---| |Reference|and administrative||details|||| |Registered|charity name||Hatzola Trust Limited|||| |Charity registration||number|1160299|||| |Company|registration|number|08390313|||| |Principal|office and registered||Office 4|||| |office|||1 Rookwood Road|||| ||||London|||| ||||N16 6SD|||| |The trustees|||Mr M Breuer|||| ||||Mr C SGoldman|||| ||||Mr G Schleider|||| ||||Dr S G Springer|||| ||||Mr B Stern|||| |Auditor|||Cohen Arnold|||| ||||Chartered
accountants||&statutory|auditor| ||||New Burlington|House||| ||||1075Finchley Road|||| ||||LONDON|||| ||||NW11 OPU|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023|2023|2022| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||funds|Total funds|Total funds| ||||Note||g|| |Income and endowments||||||| |Donations
and legacies|||5|1,025,863|1,025,863|3,656,411| |Charitable
activities|||6|15,661|15,661|101,500| |Investment
income|||7|48|48|206| |Other income|||8|33,390|33,390|| |Total income||||1,074,962|1,074,962|3,736,117| |Expenditure||||||| |Expenditure
on raising funds:||||||| |Costs ofraising donations||and legacies|9|75,611|75,611|235,261| |Expenditure
on charitable|activities||10,11|921,693|921,693|1,016,158| |Total expenditure||||997,304|997,304|1,251,419| |Net income and net movement||in funds||77,658|77,658|2,506,698| |Reconciliation offunds||||||| |Total funds brought forward||||3298996|3298996|792,298| |Total funds carried forward||||3,376,654|3,376,654|3,298,996| ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| ||||Note||| |Fixed assets|||||| |Tangible fixed assets|||16|5,004,687|4,995,479| |Current assets|||||| |Debtors|||17|1,636|3,206| |Cash at bank|and in hand|||1,246|66,813| |||||2,882|70,019| |Creditors: amounts||falling due within one year|19|50,915|66,502| |Net current|liabilities|||(48,033)|3,517| |Total assets|less current liabilities|||4,956,654|4,998,996| |Creditors: amounts||falling due after more than one year|20|1,580,000|1,700,000| |Net assets||||3,376,654|3,298,996| |Funds ofthe|charity||||| |Unrestricted|funds|||3,376,654|3,298,996| |Total charity|funds||21|3,376,654|3,298,996| ## ## ## ||||||2023|2022| |---|---|---|---|---|---|---| |||||Note||| |Cash flows from operating||activities||||| |Net income|||||77,658|2,506,698| |Adjustments for:||||||| |Depreciation oftangible fixed assets|||||120,700|163,919| |Other interest receivable
and||similar income|||(48)|(206)| |Accrued (income)/expenses|||||(11,640)|5,640| |Changesin:||||||| |Trade and other debtors|||||1,570|167,458| |Trade and other creditors|||||(128,157)|1,569,508| |Cash generated
from operations|||||60,083|4,413,017| |Interest received|||||48|206| |Net cash from operating
activities|||||60,131|4,413,223| |Cash flows from investing||activities||||| |Purchase oftangible assets|||||(129,908)|(4,419,897)| |Net cash used in investing|activities||||(129,908)|(4,419,897)| |Net decrease in cash and|cash equivalents||||(69,777)|(6,674)| |Cash and cash equivalents||at beginning|ofyear||66,813|73,487| |Cash and cash equivalents||at end ofyear||18|(2,964)|66,813| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |trustee
in
Donations|the event ofwinding
up is lim
and legacies|ited to 810.||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2023| |Donations||||| |Donations||845,597||845,597| |Campaigns||||| |Grants||||| |Standing|order scheme|156,692||156,692| |Gift aid||23,574||23,574| |||1,025,863||1,025,863| ## ## ## ## ## ||||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---|---| ||||||Funds|Funds|2022| ||Donations||||||| ||Donations||||1,975,962|80,000|2,055,962| ||Campaigns|||||915,478|915,478| ||Grants||||1,000|73,490|74,490| ||Standing
order scheme||||534,727||534,727| ||Gift aid||||75,754||75,754| ||||||2,587,443|1,068,968|3,656,411| |6.|Charitable|activities|||||| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2023| ||Core activity|grant funding|||15,661||15,661| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2022| ||Core activity|grant funding||||101,500|101,500| |7,|Investment|income|||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2023|Funds|2022| ||Bank interest receivable|||48|48|206|206| |8.|Other income||||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2023|Funds|2022| ||Other income - Rent|||33,390|33,390||| |9.|Costs ofraising donations||and legacies||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2023|Funds|2022| ||Costs ofraising donations||and legacies||||| ||-Donations|||75,611|75,611|235,261|235,261| ## ## ## ## |Expenditur|e
on charitable
activities by fun|d type||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2023| |Supporting|Hatzola North London|908,565||908,565| |Support costs||13,128||13,128| |||921,693||921,693| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |Supporting|Hatzola North London|825,828|174,990|1,000,818| |Support costs||15,340||15,340| |||841,168|174,990|1,016,158| ## ## ## ## ## ## ||||Activities||||| |---|---|---|---|---|---|---|---| ||||undertaken|Grant funding||Total funds|Total fund| ||||directly|ofactivities|Support costs|2023|2022| |Supporting||Hatzola|||||| |North London|||903,379|5,186||908,565|1,000,818| |Governance||costs|||13,128|13,128|15,340| ||||903,379|5,186|13,128|921,693|1,016,158| |Breakdown|ofexpenditure||incurred|in supporting|Hatzola North|London|| |||||||2023|2022| |Ambulance|maintenance|||||135,769|113,907| |Communication||||||73,680|143,443| |Compliance||||||55,949|62,809| |Community|awareness|||||14,386|72,055| |Depreciation||||||120,700|163,919| |Insurance||||||41,851|29,061| |Medical supplies||and equipment||||79,537|98,385| |Responders|support|||||40,765|44,917| |Training||||||78,891|79,584| |Wages||||||125,305|84,037| |Office costs||||||28,764|28,216| |Other||||||33,511|24,213| |Rent||||||74,271|56,272| |||||||903,379|1,000,818| ## ||||2023|2022| |---|---|---|---|---| ||Depreciation oftangible fixed assets||120,700|163,919| |13.|Auditors
remuneration|||| ||||2023|2022| ||Fees payable for the audit ofthe financial|statements|7,440|7,200| ## ## ## ## |Staff costs|Staff costs||||||||| |---|---|---|---|---|---|---|---|---|---| |The total staff costs and employee||benefits|for|the reporting||period are analysed
as|follows:||| |||||||2023|||2022| |||||||8|||| |Wages and salaries||||||121,786||84,037|| |Social security costs||||||3,519|||2,862| |||||||125,305||86,899|| |The average number of full-time||equivalent|employees||during the year is analysed||as|follows:|| |||||||2023|||2022| |||||||No.||No.|| |Number ofstaff||||||9|||10| |The number ofemployees|whose|remuneration||for the|year|fell within the following||bands,|were:| |||||||2023|||2022| |||||||No.||Nc.|| |f.60,000tof69,999||||||1|||| ## ## ## ## ## ## |Tangible fixed assets||||| |---|---|---|---|---| |||Motor||| ||Property|vehicles|Equipment|Total| |Cost||||| |At 1 August 2022|4,608,848|623,547|180,894|5,413,289| |Additions|117,510||12,398|129,908| |At 31July 2023|4,726,358|623,547|193,292|5,543,197| |Depreciation||||| |At 1 August 2022|33,114|259,424|125,272|417,810| |Charge forthe year|18,003|72,825|29,872|120,700| |At 31July 2023|51,117|332,249|155,144|538,510| |Carrying
amount||||| |At 31July 2023|4,675,241|291,298|38,148|5,004,687| |At 31July 2022|4,575,734|364,123|55,622|4,995,479| |Debtors||||| ||||2023|2022| |Trade debtors|||1,636|3,206| |Cash and cash equivalents||||| |Cash and cash equivalents|comprise the following:|||| ||||2023|2022| |Cash at bank aud in hand|||1,246|66,813| |Bank overdrafis|||(4,210)|| ||||(2,964)|66,813| ## ## ## ## ## ## |19.|Creditors: amounts|falling due within one year||| |---|---|---|---|---| ||||2023|2022| ||Bank loans and overdrails||4,210|| ||Trade creditors||38,193|35,035| ||Accruals and deferred income||7,440|19,080| ||Social security and other taxes||1,072|1,486| ||Other creditors|||10,901| ||||50,915|66,502| |20.|Creditors;
amounts|falling due after more than one year||| ||||2023|2022| ||Other creditors||1,580,000|1,700,000| ## |Unrestri|cted
funds||||||| |---|---|---|---|---|---|---|---| |||At|1 August||||At| ||||2022|Income|Expenditure|Transfers|31July 2023| |General|funds||3,298,996|1,074,962|(997,304)||3,376,654| |||At|1 August||||At| ||||2021|Income|Expenditure|Transfers|31July 2022| |General|funds||473,298|2,587,649|(1,076,429)|1,314,478|3,298,996| ## ## ## ## ## ## ## |Analysis|ofnet as|sets|between funds|||| |---|---|---|---|---|---|---| ||||||Unrestricted|Total Funds| ||||||Funds|2023| |Tangible fixed assets|||||5,004,687|5,004,687| |Current assets|||||2,882|2,882| |Creditors|less than|1 year|||(50,915)|(50,915)| |Creditors|greater than||1 year||(1,580,000)|(1,580,000)| |Net assets|||||3,376,654|3,376,654| ||||||Unrestricted|Total Funds| ||||||Funds|2022| |Tangible fixed assets|||||4,995,479|4,995,479| |Current assets|||||70,019|70,019| |Creditors|less than|1 year|||(66,502)|(66,502)| |Creditors|greater than||1 year||(1,700,000)|(1,700,000)| |Net assets|||||3,298,996|3,298,996| |Analysis ofchanges|||in net debt|||| |||||At||At| |||||1 Aug 2022|Cash flows|31Jul 2023| |Cash at bank and||in hand||66,813|(65,567)|1,246| |Bank overdrails|||||(4,210)|(4,210)| |||||66,813|(69,777)|(2,964)| ##