2025-07-31-accounts - Hatzola Herts

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REGISTERED COMPANY NUMBER: 10849412 (England and Wales) REGISTERED CHARITY NUMBER: 1197823

RESTATED

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

HATZOLA HERTS

STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND

HATZOLA HERTS

CONTENTS OF THE RESTATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Restated Statement of Financial Activities 5
Restated Balance Sheet 6 to 7
Notes to the Restated Financial Statements 8 to 12
Detailed Statement of Financial Activities 13 to 14
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HATZOLA HERTS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their annual report together with the financial statements of the charity for the year ended 31 July 2025. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the Charities Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. This report also serves as the Directors' Report for the purposes of company law. In preparing this report, the Trustees have had regard to the Charity Commission's guidance on public benefit. The report has been prepared in accordance with the disclosure requirements applicable to smaller charities.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Hatzola Herts is a community-based emergency ambulance service and responder network, dedicated to delivering rapid, high-quality medical care to the local community. Our service is provided free at the point of need and is delivered by trained, professional and well-equipped volunteers. The charity is funded entirely through charitable donations.

We are proud to be supported by more than 80 committed volunteers who work in close partnership with the NHS and the East of England Ambulance Service. Our teams operate 24 hours a day, 7 days a week, 365 days a year, ensuring that urgent medical support is available whenever it is needed.

Since inception, the charity has responded to more than 1,400 emergency calls, ranging from minor injuries to serious and life-threatening incidents. Hatzola Herts provides expert pre-hospital care and, where required, transports patients to hospital using its fully equipped ambulance fleet.

Since becoming a registered charity in February 2022, Hatzola Herts has continued to strengthen and expand its presence across Elstree and Borehamwood. During the year, the charity has also progressed plans to extend its service reach into Bushey, reflecting growing local need and increasing community demand.

The Trustees were pleased that the charity continued to build on the strong foundations established following its January 2023 Care Quality Commission inspection, in which Hatzola Herts received an overall rating of "Good". This remains an important recognition of the charity's ongoing commitment to safe, effective and compassionate care.

During the year, the charity's key objectives were to:

Strengthen the long-term financial sustainability of the organisation;
Expand frontline and operational capacity to support both current demand and future growth;
Identify more suitable premises to meet our growing needs, including an upgraded medical storeroom, an
ambulance base, office space, and a training room large enough to accommodate our team.
Invest in key capital assets, including new defibrillators, ambulances and rapid response vehicles; and
Further develop community engagement and education initiatives.

Alongside operational growth, the charity continued to invest in youth health and wellbeing initiatives, including first aid training for children aged 10 to 15.

Volunteer development remains central to the charity's mission. During the year, Hatzola Herts further enhanced its training programmes to strengthen both clinical capability and operational excellence. The Trustees expect this area to remain a major focus in the year ahead as the charity continues to grow and develop its service offering.

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HATZOLA HERTS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

FINANCIAL REVIEW

Financial position

The majority of the charity's income during the year was generated through voluntary donations. This included a significant donation designated towards the purchase of a new ambulance. The charity also undertook a major fundraising campaign during the year, which made a significant contribution towards sustaining and developing its services.

Funds raised during the year supported a broad range of essential charitable expenditure, including:

Insurance costs;
Volunteer expenses and vehicle running costs;
Medical and safety equipment;
Personal protective equipment; and
Ongoing volunteer training and community education initiatives.

The charity reported a surplus of £60,975 for the year. This reflects both successful fundraising activity and the charity's continued investment in expanding its fleet, infrastructure and services.

As the charity remains relatively young, a formal reserves policy has not yet been fully established. However, the Trustees recognise the importance of setting an appropriate reserves framework and intend this to be a key area of focus in future governance planning. Once adopted, the policy will help define the level of reserves required to support the charity's financial resilience and long-term stability.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

Hatzola Herts operates under its Articles of Association, most recently updated on 8 November 2021. The charity is a company limited by guarantee and was registered with the Charity Commission for England and Wales on 7 February 2022. The charity is governed by its Board of Trustees, whose members are appointed by the existing Board in accordance with the governing document.

Organisational structure

The Board of Trustees is responsible for the overall strategic direction and governance of the charity. Formal meetings are held at least four times each year, with additional meetings taking place as required through the charity's committee structure, including the Finance and Fundraising Committee and the Clinical Governance Committee.

The charity's committee framework plays an important role in strengthening oversight and supporting effective decision-making. Key committees, including Finance and Fundraising and Operations and Quality, are chaired by Trustees and provide focused review, scrutiny and guidance in their respective areas of responsibility. Their work supports the Board in maintaining strong governance, promoting accountability and ensuring the charity continues to develop in a sustainable and well-managed way.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

10849412 (England and Wales)

Registered Charity number

1197823

Registered office

2 Helenslea Avenue London NW11 8ND

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HATZOLA HERTS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

Trustees

Ian Grosskopf Aryeh Cohen Gregory Kay

Independent Examiner STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND

Approved by order of the board of trustees on 16 April 2026 and signed on its behalf by:

................................................................. I Grosskopf - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HATZOLA HERTS

Independent examiner's report to the trustees of Hatzola Herts ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Emphasis of Matter - Revised Financial Statements

Without modifying our report, we draw attention to Note 1 of the financial statements, which explains the reasons for the revision to the financial statements for the year ended 31 July 2024 and the amendments made to the previously reported financial statements. The previous report was dated 10 April 2025 and is superseded by this report.

Simon Stern, ACA

STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND

Date: .............................................

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HATZOLA HERTS

RESTATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025

31.7.25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 351,897 EXPENDITURE ON Raising funds 146,943 Charitable activities Direct costs 143,979 Total 290,922 NET INCOME 60,975 RECONCILIATION OF FUNDS Total funds brought forward 366,885 TOTAL FUNDS CARRIED FORWARD 427,860	31.7.24 Total funds £ 453,778 137,563 126,460 264,023 189,755 177,130 366,885

The notes form part of these financial statements

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HATZOLA HERTS

RESTATED BALANCE SHEET 31 JULY 2025

31.7.25 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 6 160,572 CURRENT ASSETS Debtors 7 19,869 Cash at bank 267,310 287,179 CREDITORS Amounts falling due within one year 8 (19,891) NET CURRENT ASSETS 267,288 TOTAL ASSETS LESS CURRENT LIABILITIES 427,860 NET ASSETS 427,860 FUNDS 9 Unrestricted funds 427,860 TOTAL FUNDS 427,860	31.7.24 Total funds £ 142,435 9,623 238,358 247,981 (23,531) 224,450 366,885 366,885 366,885 366,885

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

The notes form part of these financial statements

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continued...

HATZOLA HERTS

RESTATED BALANCE SHEET - continued 31 JULY 2025

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 16 April 2026 and were signed on its behalf by:

I Grosskopf - Trustee

The notes form part of these financial statements

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HATZOLA HERTS NOTES TO THE RESTATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

1. REVISED FINANCIAL STATEMENTS

The financial statements for the year ended 31 July 2025 have been restated.

They

replace the original financial statements;
are now the statutory financial statements;
are prepared as they were at the date of the original financial statements and not as at the date of revision and accordingly do not deal with events between those dates.

The original financial statements did comply with the requirements of the Companies Act 2006.

The prior year figures have been voluntarily restated to reclassify the depreciation expenses of £54,943 from expenditure on raising funds to charitable activities direct costs, in line with the treatment for the current year.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis, based on assurances from the trustees that they will continue to provide financial support to the charitable company.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on cost Motor vehicles - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

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HATZOLA HERTS NOTES TO THE RESTATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

2. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

3. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

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|||| |---|---|---| |31.7.25|31.7.24| |£|£| |Depreciation - owned assets|73,213|54,943| |-| |Deficit on disposal of fixed assets|1,050|

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4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

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||| |---|---| |Unrestricted| |fund| |£| |INCOME AND ENDOWMENTS FROM| |Donations and legacies|453,778| |EXPENDITURE ON| |Raising funds|137,563| |Charitable activities| |Direct costs|126,460| |Total|264,023| |NET INCOME|189,755| |RECONCILIATION OF FUNDS| |Total funds brought forward|177,130| |TOTAL FUNDS CARRIED FORWARD|366,885|

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HATZOLA HERTS

NOTES TO THE RESTATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

6. TANGIBLE FIXED ASSETS

Fixtures Plant and and machinery fittings £ £ COST At 1 August 2024 1,580 78,583 Additions - - At 31 July 2025 1,580 78,583 DEPRECIATION At 1 August 2024 948 22,240 Charge for year 316 15,717 At 31 July 2025 1,264 37,957 NET BOOK VALUE At 31 July 2025 316 40,626 At 31 July 2024 632 56,343 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Accruals and deferred income 9. MOVEMENT IN FUNDS At 1.8.24 £ Unrestricted funds General fund 366,885 TOTAL FUNDS 366,885	Motor vehicles £ 194,550 91,350 285,900 109,090 57,180 166,270 119,630 85,460 31.7.25 £ 19,869 31.7.25 £ 16,210 3,681 19,891 Net movement in funds £ 60,975 60,975	Totals £ 274,713 91,350 366,063 132,278 73,213 205,491 160,572 142,435 31.7.24 £ 9,623 31.7.24 £ 21,731 1,800 23,531 At 31.7.25 £ 427,860 427,860

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continued...

HATZOLA HERTS NOTES TO THE RESTATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

9. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
351,897
TOTAL FUNDS
351,897
Comparatives for movement in funds
At 1.8.23
£
Unrestricted funds
General fund
177,130
TOTAL FUNDS
177,130
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
453,778
TOTAL FUNDS
453,778
A current year 12 months and prior year 12 months combined position is as
At 1.8.23
£
Unrestricted funds
General fund
177,130
TOTAL FUNDS
177,130

Resources
Movement
expended
in funds
£
£
(290,922)
60,975
(290,922)
60,975
Net
movement
At
in funds
31.7.24
£
£
189,755
366,885
189,755
366,885
Resources
Movement
expended
in funds
£
£
(264,023)
189,755
(264,023)
189,755
follows:
Net
movement
At
in funds
31.7.25
£
£
250,730
427,860
250,730
427,860

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HATZOLA HERTS

NOTES TO THE RESTATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

9. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 805,675 805,675	Resources Movement expended in funds £ £ (554,945) 250,730 (554,945) 250,730

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2025.

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HATZOLA HERTS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025

INCOME AND ENDOWMENTS Donations and legacies Donations Grants Total incoming resources EXPENDITURE Other trading activities Loss on sale of tangible fixed assets Charitable activities Equipment & medical goods Radio & communications Support costs Management Advertising & marketing Finance Fundraising costs Bank charges Human resources Shabbat drivers Training costs Other Site costs Insurance Telephone & internet Repairs & maintenance Travel & subsistence General costs Accountancy & bookkeeping Subscriptions Cleaning Carried forward	31.7.25 £ 335,230 16,667 351,897 351,897 - 34,969 2,160 37,129 3,508 10,161 504 10,665 17,446 16,191 33,637 6,127 19,664 20,792 94 12,819 11,338 6,600 - 2,704 80,138	31.7.24 £ 309,988 143,790 453,778 453,778 1,050 30,214 4,361 34,575 2,787 21,762 242 22,004 13,325 23,617 36,942 1,657 13,407 18,689 1,655 10,279 18,402 2,920 1,244 4,329 72,582

This page does not form part of the statutory financial statements

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HATZOLA HERTS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025

Other Brought forward Website costs Legal & professional Consulting Printing, postage & stationery Charitable donations Depreciation - plant and machinery Depreciation - Fixtures and fittings Depreciation - Motor vehicles Total resources expended Net income	31.7.25 £ 80,138 12,754 1,453 37,487 938 - 316 15,717 57,180 205,983 290,922 60,975	31.7.24 £ 72,582 1,200 1,502 30,104 1,534 4,800 316 15,717 38,910 166,665 264,023 189,755

This page does not form part of the statutory financial statements

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