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2022-07-31-accounts

NEW LEASE N LIFE Hatzola Trust Annual Report and Accounts Year ended 31 JULY 2022

No money in the world can pay for the service you are doing for the community… You actually save lives! Mrs R., patient

CHAIR’S STATEMENT

A new year. A new building. A new lease on life.

In a great feat of accomplishment, Hatzola has this year purchased its very own headquarters premises. This acquisition came about through tenacious crowdfunding, tireless planning and sheer drive to give Hatzola a home; a home to house its responders, paramedics and equipment so that it continues to save lives.

Hatzola has been infused with new life. The sprawling property will enable the charity to enter a new phase of opportunity and expansion.

On behalf of the thousands of patients who owe Hatzola their own new lease on life, I congratulate the volunteers, supporters and partners of the charity on this incredible milestone, and on their continuous selfless mission of saving lives.

Mr M Breuer On behalf of the Trustees

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OUR CHARITABLE OBJECTIVES

The objectives of Hatzola Trust, as set out in the Memorandum and Articles of Association, are:

To or towards or in furtherance or for the benefit of such one or more charities, charitable institutions or charitable purposes in any part of the world in such shares and in such manner as the trustees in their absolute discretion may from time to time determine. In particular for the purpose of providing relief and help for persons who are sick, ill and/or are in need of medical attention and hospital services.

The charity is CQC registered and works closely alongside Hatzola Trust Limited, a registered charity (number 1160299) which has common charitable objectives and shared trustees. The charity’s activites and the assets it uses are funded by Hatzola Trust Limited.

… Such a devoted team who give of themselves so wholeheartedly. And you do not leave once the emergency is over, but will be there to ensure that we are well taken care of… Family B., users

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OUR MISSION – 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 further develop new premises which will house streamlined offices, communication / training centres and state-of-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

The charity is a charitable trust governed by its Trust Deed. The charity is run by the board of 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 activity.

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ACHIEVEMENTS AND PERFORMANCE

10, 702 lives have been impacted this year by the emergency response services and long-term care of Hatzola Trust.

This year has seen fast-paced development including an expansion of the fleet by two new ambulances , the training up of volunteers to paramedic level, notable visits by important personages, improved systems and the acquisition of a building – to act as the beating heart of an organisation as vital as this one.

Hatzola Trust was rated good in a CQC inspection in the reporting year. Read the full report here.

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THIS YEAR 5,769 Patients 2,89, Children 1,691 Adults ll, Elderly 4a Unknown 10,702 Calls received 5,769 CalL5 attended Staff and Volunteers 49 QualnSed Administrators e￿ge￿ responders 16 Tralned dispatihers 16 Training paran*di Building Purchase Ambulance Transport 2 347 To hospital 41 Intsr-hospitsl 0 0 187 Hospitalto home 3,037,178 Pounds raised by campaign

SERVICES

Call-taking and Dispatch

Hatzola’s volunteer call-takers can be counted on to answer calls 24/7 – literally – and to professionally and compassionately respond to any request, dispatching suitable help.

This year, Hatzola rolled out a new digital Computer Aided Dispatch system, accompanied by an ePRF (electronic patient report form) – a project generously funded by a City of London grant .

A New Lease: Dispatchers will no longer need to work from inconvenient locations; but will be seated in a comfortable, fullyequipped call-taking centre.

Medication and Equipment

Hatzola maintains a fleet of ambulances, and assesses and assures compliance with all statutory checks, health & safety, and infection control standards. Ambulances, emergency responder supply kits and medications are consistently checked to ensure they are in date and at optimum supply levels.

As part of its constant improvement, Hatzola has this year appointed a specialized pharmacist to carry out monthly audits on safe storage of medications.

A New Lease: Customised storage houses will provide a secure, long-lasting storage system for Hatzola’s lifesaving supplies.

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SERVICES

On-site Treatment

Emergency responders are trained to treat minor emergencies on-site, often saving patients the unnecessary hassle of a hospital trip. Of course, volunteers are suitably trained to identify when they can treat a patient right away, and when hospitalisation is indeed required.

A New Lease: Spacious, purpose-built training rooms will ensure training for such situations is kept at optimum levels.

Emergency Responders

A team of 47 qualified emergency responders means Hatzola can provide an instant response – patients in critical or life-threatening situations know that within 2 minutes, help will have arrived. Because of its speedy response time, Hatzola’s work has often spelled the life-and-death difference.

All volunteer emergency responders attend ongoing training, delivered by qualified medical trainers, to ensure skills are current and in line with developments in medical research and regulations.

A New Lease: Plans include a boardroom where responders can meet to debrief after callouts to improve services, as well as suitable rooms for further training.

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SERVICES

Transport

Hatzola’s expanded ambulance fleet enables a range of vital medical transport to take place. Patients are transported to, from and between hospitals in response to requests from patients, local GP surgeries or hospitals.

A New Lease: A centrally-located ambulance bay will speed up response time, improving patient outcomes.

I wish to thank you and the crew again for helping us with that transfer… I am very grateful… for your team’s kind help. As always, thank you for everything you do. Rachael Senior Staff Nurse, Homerton A&E

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PUBLIC HEALTH

Serving the community for over 10 years, Hatzola has gained its complete trust as a reputable address for all things health-related. It often bridges public health messaging with the hard-to-reach, Orthodox Jewish community. Here’s how:

CREDIBILITY

Lead immunisation officers in the City and Hackney GP Confederate reached out to Hatzola for its nuanced input in posters and adverts, requesting its trusted logo on all communications and adverts.

Thank you for all the support you’ve been providing… through your volunteering role as a Community Champion!

Elodie Roman Community Champions Programme Administrator

LOCAL HEALTH EVENT

A Hatzola representative attended and spoke at a community health event in March, in what was a joint effort to improve childhood immunisation uptake.

APPROACHABILITY

Hatzola is often contacted by external bodies when trying to address emerging issues in the isolated OJ community. Organisations are confident that Hatzola, with its years of exemplary service, can address niche problems in a culturallyattainable way.

COMMUNITY CHAMPION

Hatzola was represented at monthly Community Champion forums, with takeaways including its support of Public Health messaging to the community.

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TRAININGS AND STAFFING

Hatzola’s volunteers and staff members make the charity the rescuevehicle it is, enabling it to save lives every day. For that reason staff development and upskilling are prioritised. Here’s how:

REGULAR TRAININGS

Ongoing trainings are in place for emergency responders, ensuring their knowledge, skills and service remain up-to-date in a fast-changing medical world. These include monthly case reviews to monitor performance, and to ensure best practice in line with NICE guidelines and internal policies.

MENTAL HEALTH TRAINING

Due to an increase in mental health emergency calls to Hatzola (especially in the aftermath of Covid and lockdowns) specialist training was provided for responders, delivered by a Homerton Psychological Medicine and Consultant Psychiatrist. This training was suitably adjusted to reflect real-life, relevant scenarios, and was excellently received by attendees.

STAFF SURVEYS

Surveys are sent out to all responders, dispatchers and office staff to keep Hatzola’s service at a premium.

A New Lease:

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TRAININGS AND STAFFING

PARAMEDIC COHORT

In an exciting development, made possible by a Delapage grant , 16 of Hatzola’s volunteers have been training up in the reporting year to be able to deliver paramedic level care. This means Hatzola will be able to provide more comprehensive and targeted care and treatment, including the administration of controlled drugs. As part of this training, Hatzola partnered with local hospitals such as Homerton Hospital for trainee placements, to acquire handson experience, skills and learning.

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NOTABLE VISITS

Hatzola has hosted visits for key community decision-makers, presenting its current headquarters, its future building plans, and roundtable discussions about its work. Visitors express amazement at the charity’s incredible acts of daily rescue, and on its continued trajectory of development.

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PARTNERSHIPS

A very big thank you to… the entire Hatzola team for supporting our event on Sunday, 22nd August. As always it is a pleasure working and partnering with Hatzola .

Catherine Sekwalor Specialist Practitioner Lead Immunisation & Wound Care Hub Nurse City & Hackney GP Confederation

Hatzola provide a wonderful service to… their community, local healthcare providers and beyond… (they) have worked hard and tirelessly throughout this time… During the height of the COVID pandemic, Hatzola linked with several hospitals within North East London, including Homerton Hospital, to offer support services to inpatients.

By linking in with Homerton, Hatzola were ensuring that safety was paramount to them and their patients at all times. They have always provided significant support to the Emergency Department here , for example, with enabling timely transfers for patients who might have time critical conditions and require an alternative hospital and this support has continued throughout. We are incredibly grateful for the invaluable support that the team offer our Trust , and our Emergency Department in particular, in helping us in caring for our patients.

Dr. E. Rowland Emergency Medicine Consultant Associate Medical Director IMRS Division Homerton University Hospital Co-Chair London Regional Board RCEM

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FUNDRAISING

Hatzola Trust, as a sister charity of Hatzola Trust Limited, supported it in raising funds for its new building – and launched a full-scale crowdfunding campaign. Supported by friends and grateful recipients, the charity raised an incredible 3 million in 2 days which helped towards a down payment.

Additional funds – for renovations and customising of the facilities – are expected to be sourced from further crowdfunding, some private funders, council assistance and other grants.

PLANS FOR THE FUTURE

ADDITIONAL PARAMEDIC COHORT

WALK-IN CLINIC

A second group of 8 Hatzola volunteers are expected to complete their paramedical training.

This aspirational several-year project involves a walk-in medical centre at the new headquarters, made possible by Hatzola’s newly-trained in-house paramedics. This venture will ease the demand on local GP’s where there is currently a lack of access to appointments.

FINANCES

Hatzola will continue to explore new fundraising avenues and expand existing streams, so finances remain stable.

COMPLIANCE

Continued careful examination of our methodology and processes to ascertain all regulatory requirements are satisfied.

CAPITAL PROJECTS

Development of Hatzola Headquarters

Together with Hatzola Trust, the charity will continue to fundraise and execute plans for the new building, which will include a purpose-built base and storage area for Hatzola activities and supplies. The project will enhance quality, efficiency and reach of all services.

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PLANS FOR THE FUTURE RTERS (4

HATZOLA TRUST TRUSTEES’ ANNUAL REPORT Year ended 31 July 2022

FINANCIAL REVIEW

The Trustees are pleased to report an increase in turnover, this year totalling £832,141 (2021: £732,170). This reflects the continuous expansion of Hatzola’s services and activities.

The loss which Hatzola Trust experienced in this reporting year is due to the write-off of a loan owed by Hatzola Trust Limited. This donation was made in recognition of the ongoing support Hatzola Trust receives on an annual basis from Hatzola Trust Limited.

Reserves Policy

The charity has a policy to maintain unrestricted funds, which are the free reserves of the charity, 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 total funds as at 31 July 2022 was £39,940, all unrestricted.

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.

Approval

The trustees' annual report was approved on 31 May 2023 and is signed on behalf of the board of trustees by:

Mr M Breuer Trustee

The charity is funded by Hatzola Trust Limited which has reserves of £3,298,996.

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

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HATZOLA TRUST Year ended 31 July 2022

I report to the trustees on my examination of the financial statements of Hatzola Trust ('the charity') for the year ended 31 July 2022.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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

David Goldberg FCA DChA Independent Examiner

New Burlington House 1075 Finchley Road LONDON NW11 0PU

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STATEMENT OF FINANCIAL ACTIVITIES Year ended 31 July 2022

Unrestricted 2022 2021
fund Total Total
funds funds
Note £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 4 832,141 832,141 732,170
TOTAL INCOME 832,141 832,141 732,170
Expenditure
Expenditure on charitable activities 5,6 962,227 962,227 728,314
Total Expenditure 962,227 962,227 728,314
Net (expenditure)/income and net
movements in funds (130,086) (130,086) 3,856
Reconciliation of funds
Total funds brought forward 170,026 170,026 166,170
TOTAL FUNDS CARRIED FORWARD 39,940 39,940 170,026

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes form part of these financial statements.

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STATEMENT OF FINANCIAL POSITION 31 July 2022

Note 2022
£
2021
£
Fixed assets
Tangible fxed assets
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
Net current liabilities
Total assets less current liabilities
Net assets
Funds of the charity
Unrestricted funds
Total charity funds
11
12
13
14
42,281
-
1,259
53,059
121,619
628
3,600
5,280
(2,341)
116,967
39,940
170,026
39,940
170,026
39,940
170,026
39,940
170,026

The financial statements were approved by the Board of Trustees and authorised for issue on 31 May 2023 and are signed on behalf of the board by:

Mr M Breuer - Trustee

The notes form part of these financial statements.

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STATEMENT OF CASH FLOWS Year ended 31 July 2022

2022
£
2021
£
Cash fows from operating activities
Net (expenditure)/income
Adjustements for:
Depreciation of tangible fxed assets
Accrued (income)/expenses
Changes in:
Trade and other debtors
Cash generated from operations
Net cash from/(used in) operating activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
(130,086)
10,778
(1,680)
121,619
3,856
14,369
2,640
(21,000)
631
(135)
631
(135)
631
628
(135)
763
1,259
628

The notes form part of these financial statements.

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NOTES TO THE FINANCIAL STATEMENTS Year ended 31 July 2022

1. General information

Judgements and key sources of estimation uncertainty

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 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 Charities Act 2011.

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.

3. Accounting policies

Basis of preparation

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

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.

Fund accounting

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.

Going concern

There are no material uncertainties about the charity's ability to continue.

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 subclasses: restricted income funds or endowment funds.

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NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

3. Accounting policies (continued)

Resources expended

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:

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 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.

• 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.

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

• 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.

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.

25

NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

3. Accounting policies (continued)

Tangible assets (continued)

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.

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 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 cashgenerating 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.

Depreciation

Financial instruments

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:

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

Fixtures and fittings - 25% reducing balance Motor vehicles - 25% reducing balance Computer equipment - 25% reducing balance

Impairment of fixed assets

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.

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.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

26

NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

3. Accounting policies (continued)

4. Donations and legacies

Tangible instruments (continued)

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Unrestricted
Funds
£
Total Funds
2022
£
Unrestricted
Funds
£
Total Funds
2021
£
Donations
Donations 832,141 832,141 732,170 732,170

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

5. Expenditure on charitable activities by fund type

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Unrestricted
Funds
£
Total Funds
2022
£
Unrestricted
Funds
£
Total Funds
2021
£
Unrestricted
Funds
£
Total Funds
2022
£
Unrestricted
Funds
£
Total Funds
2021
£
Medical emergency
response activities
Support costs
962,107
120
962,107
120
725,674
2,640
725,674
2,640
962,227
962,227
728,314
728,314

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

6. Expenditure on charitable activities by activity type

Activities
undertaken
directly
£
Grant
funding of
activities
£
Support
costs
£
Total Funds
2022
£
Total Funds
2021
£
Activities
undertaken
directly
£
Grant
funding of
activities
£
Support
costs
£
Total Funds
2022
£
Total Funds
2021
£
Medical emergency
response activities
Governance costs
838,288
-
123,819
-
-
120
962,107
120
725,674
2,640
838,288
123,819
120
962,227
728,314
Breakdown of expenses 2022
£
2021
£
Ambulance maintenance
Communication
Compliance
Community awareness
Depreciation
Insurance
Medical supplies and equipment
Responders support
Training
Staf costs
Ofce costs
Other costs
Rent
113,907
143,443
62,809
72,055
10,778
29,061
98,386
44,917
79,584
86,899
28,253
11,924
56,272
101,484
45,648
75,868
32,784
14,369
18,522
113,542
27,725
177,394
34,452
22,914
3,702
57,270
838,288
725,674

Grant funding activities relates to a loan balance of £123,819 owed by Hatzola Trust Limited which was converted to a donation in recognition of the significant ongoing support that Hatzola Trust receives on an annual basis.

28

NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

7. Net (expenditure)/income

Net (expenditure)/income is stated
after charging/(crediting):
2022
£
2021
£
Depreciation of tangible fxed assets
8. Independent examination fees
10,778
14,369
2022
£
2021
£
Fees payable to the independent examiner for:
Independent examination of the fnancial
statements
1,800
2,640

9. Staff costs

The average head count of employees during the year was Nil (2021: Nil). No employee received employee benefits of more than £60,000 during the year (2021: Nil).

10. 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.

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NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

11. Tangible fixed assets

Freehold
property
£
Fixtures
and fttings
£
Motor
vehicles
£
Equipment
£
Computer
equipment
£
Total
£
Cost
At 1 Aug 2021 and 31
Jul 2022
Depreciation
At 1 Aug 2021
Charge for the year
At 31 Jul 2022
Carrying amount
At 31 Jul 2022
At 31 Jul 2021
9,950
2,350
396,997
349,448
9,346
768,071
-
-
1,359
248
377,500
4,874
330,750
4,670
5,403
986
715,012
10,778
-
1,607
382,374
335,420
6,389
725,790
9,950
743
14,623
14,008
2,957
42,281
9,950
991
19,497
18,678
3,943
53,059

12. Debtors

2022 2021
£ £
Other debtors - 121,619

30

NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

13. Creditors: amounts falling due within one year

2022 2021
£ £
Accruals and deferred income 3,600 5,280

14. Analysis of charitable funds

Unrestricted funds

At 1 August
2021
£
Income
£
Expenditure
£
At 31 July
2022
£
At 1 August
2021
£
Income
£
Expenditure
£
At 31 July
2022
£
General funds
170,026
832,141
(962,227)
39,940
At 1 August
2020
£
Income
£
Expenditure
£
At 31 July
2021
£
170,026
832,141
(962,227)
39,940
General funds
166,170
732,170
(728,314)
170,026

31

NOTES TO THE FINANCIAL STATEMENTS (continued) Year ended 31 July 2022

15. Analysis of net assets between funds

17. Related parties

Unrestricted
funds
£
Total funds
2022
£
Unrestricted
funds
£
Total funds
2022
£
Tangible fxed assets
Current assets
Creditors less than 1 year
Net assets
42,281
1,259
(3,600)
39,940
42,281
1,259
(3,600)
39,940
Unrestricted
funds
£
Total funds
2021
£
42,281
1,259
(3,600)
42,281
1,259
(3,600)
39,940
39,940
Tangible fxed assets
Current assets
Creditors less than 1 year
Net assets
53,059
122,247
(5,280)
53,059
122,247
(5,280)
170,026
170,026

The charity received donations totalling £833,473 (2021: £726,305) from Hatzola Trust Limited to fund its medical emergency response activities.

A loan balance of £123,819 owed by Hatzola Trust Limited was converted to a donation in recognition of the significant ongoing support that Hatzola Trust receives on an annual basis.

Hatzola Trust Limited is a charity with the same charitable objects as Hatzola Trust and with common trustees.

16. Analysis of changes in net debt

At 1 August
2021
Cash fows At 31 July
2022
£ £ £
Cash at bank and in hand 628 631 1,259

32

REFERENCE AND

ADMINISTRATIVE DETAILS

Registered Charity Name: Hatzola Trust Charity Registration Number: 278914 Principal Office and Registered Office: Suite 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

Independent Examiner

David Goldberg FCA DChA New Burlington House 1075 Finchley Road

London

NW11 0PU

33

The Hatzola team were ever so patient and reassuring. They really kept the situation calm and made me feel everything was under control and special care. Elisheva T., user