Scottish Charily No: SC022663 OLAM HAZEH CHARITABLE TRUST REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL sTATEMErs - for the year- TO S APRIL 2026 Harper Madeod LLP Solicitors 45 Gonlon Stffet Glasgow GI 3PE
OLAM HAZEH CHARfTABLE TRusr TRUST INFORMATION & INDEX TO THE FINANCIAL ATEmEN6 FOR THE YEAR ENDED 5 APRIL 2026 INDEX Page Administrative details Report of the Trust RetKIrt of the Solicitors statennt of Financial Activittes Balance Sheet Notes to the financial ststements
OLAM HAZEH CHARITABLE TRUST ADMINSTRATIVE DETAILS Scottish Charity No.. SC022663 Inland Revenue Ref.. CR452520 Truste¢s.' Dr Martin Livingsion Dr Hilary Livingston Mr Richard LivingSn Dr. jd1th Stellman Registered Address: F]at 15, Henderson Court 88 Holden Road London N12 7EL Solicitor5-. Harper mle( LLP Solicitors 45 Gordon Street Glasgow GI 3PE Bankers.. Bank of Scotland plc 244 Ayr Road Newton Mcarns Glasgow G77 6AD
OLAM HAZLH CHAIUTABLE TRUST REPORT OF THE TRUSTEFS The Trustees present their port and the financial sthiements for the year ended 5 April 2026. The Trustres have adOpd the provisions of the Statement of Rec0mnn(d Practice (SORP) "Accouniing and Reporting by Charities" 155ued in March 21K)5. STRUCTURE, GOVERNANCE AND MANAGEMEKr Tnjst Deed The 01am Hazeh Charitable TTU51 w&s constitutrd on 2P April 1994. The TteeS at the beginning and end of the year were as follows: Dr Martin Liviftgston Dr Hilary Livingston Mr RTchard Livinguon Dr Judith Stellmthn Recruitment and appointment of new trStetS A majority of the Trustces may elec( ¢0 remove any of the Twstees and appoint new or additional Twsiees. Investment Powers The powers of the Trnstces are governed by the Trusts {Scotland) Act 1921 and their invesiment powers are governed by the Trustee Investmeni Aci 1961. ls anded by the Charities & TStee Investnt (Scoiland) Act 2(M)5. Risk management The Tru5tee5 have a dlliy io idelltify and Teview ihe risks to which the chwity 15 exwsed and to ensure prOr controls are in place to provide reasonable assurance against frnwl and error. The TTU51ees consider the Susthinability of fuiu donations to bc the most signifi¢ani risk. To deal with this they are building up reserves and they do noi make ongoing expendiiure com1nitntS. preferring instead to make and alone donations. Trustee induction and training The TNsiee.% continually review their policies relating to the induction and training of Trustees in order to ensure that all Trustees have the knowledge and skills requird of ihem lo fuiftl their SponSibl]It1eS and io ensure that the Trust complie5 with the guidelines al recommendations laid down from lime io time by the Office of the Seoltish Charity Regulator. Each Ttusiee has been issued with a ¢opy of the Trustees, Guidance booklet thai ha5 iEen i.qsued by the Office of the Scotiish Charity Regulator. Taxation The Trust 15 a charity and is re¢ognised as such by HM Revenue aTKI CuSton. As a result. there is no liability to taxation on any of its incolne. OBJECTIVES AND ACTIVITIES Primary Tru Purposes Capital and in¢ome of the Trust may be applied for charitable purposes. The TTUStees shall in their selection of purpose5. institutions, fovndaiions. b(K]ies or trusts which aff charitable in law takc into consideration and pay spla] gard to children. education, medica] and health interesls and the Jewish communiiy in Scotland and abroad. ACHIEVEMENIS AND PERFORMANCE Charitable Activities The Twsiees issued 47 donations to elplent5 during the year in fvrthcrance of the Trnsi's chan"table purposes.
OLAM HAZEH CHARABLE TRU REPORT OF THE TRUSTEES FINANCIAL REVIEW Review ofthe financial position and activities of the Trust During the year ended 5 April 2026 the Trusiees have conlinued to fulfil the objectives of the Trust. Awards amounting to £17,450 (2025.. £15.015) were made during the year. These have been funded out of irtcomc for the year or out of undisiribuled income of earlier years. The TNstees anticipa that future a[lla1 donations will bc at a level around th¢ £17,450 of exFndiiure this year. FUTURE DEVEU)PMENIS The TfeeS aim to continue making donations lo charitable institutions at &s high a level as the revenue earned will permit, whilst at the same time building up capithl reserves so as to ensure that the TNsi will be able to ¢onLinue make charitable dOnlonS well into the future. STATEMEwf OF TRUSTEES RESPONStBtLITIES The Trnstees are rasponsible for preparing financial statements which Comply with applicable Uniied Kingdom law and Accounting SLindards (Uniied Kingdom GeneraIly Accep(ed Accounting Practice) and for making available certain oiher infortnation the TMSE in the form of an Annual Rep)rt. Charity legislation requires the Trustees lo prepare accounts for each finala1 yearthat give a tnje and fair view of the state of affairs of ihe Trusi and of the surplus or deficit of the Trnst for Ihat riod. In preparing those accounts the Trustees are requircd to: Select suitable a¢¢ounting lIcIeS and apply them consistenily- Make judgmcnts and estirnates that are aSOnable and prndent. Ppa the accounts on the going concern basis unless it is inappropriate to presume thai the Trust will continue its operations. The Trustees are respon5iblc for keeping proper accounting records which disclose with reasonable accuraey at any time the financial Posiiion of ihe Trust and to enable them io ensure that (he accounts comply with Charities & Trustee Investmeni (Scotland) Act 2(M)5 and the Charities Accounts (Scotlandl Regulation5 2006. They a also responsible for safeguarding ihe assets of the Trust and hence for taking reasonable steps for the preveniion and detection of fraud and oihei ittegulaTities. On behalf of t Dr Martin Livin ston Date:
OLAM HAZEH CHARITABLE TRUST INDEPENDENT EXAMtNERS REPORT TO THE TRUSTEES OF OLAM HAZEH CHARtTABLE TRUST I port on the financial ststements for the year ended 5 April 2026 set out on pages 5 tt) 7. The charity's tryseS are restK)nsible for the preparation of the accounts in accordanc¢ wilh the ternis of the Charities and Trnsiecs Investrnent Iscotland) Act 2(X)5 and the Chatities Accounts (Scoiland) Regulations 2( (as amended). The charity's trustees consider that the audit requiTtTt*nt of Regulation 101 I)(a) to (c) of the Accounls Regulations doe5 not apply. Ii is my rcswmsibility to examine tk accounts as required under Section 44(1)(c) of the 2(K)5 Act and to state wlKther particular matters have come io my attention. Basis of the independent examineT'S Tep)rt My examination was catTied oui in accordance wilh the &nernl Direcitons Ven by the Charity Regulator. An examination includes a review of the accounting e0rd5 kept by the charity and a comparison of the accounts presenied wilh those records. li a150 includes considerdion of any unusual items or disclosures in the accounls. and seeking explanations from the iwstees conceTningany such matters. The pedureS undertaken do not provide all the evidence that would required in an audit. and consequenily I do not express an audit opinion on the view given by the accounts. Independent eMiner'S statement In connection wilh my ¢Kamination. no mauer ha5 come lo my aiteniion: {1) which gives me reasonable cause to believe ihat, in any material respecL the reqU1MentS - to keep accounting tccords in accordance with the 2(X)5 Act" and - io prepare CoUn15 which dccord with the aonIlg records and to comply with the accounting reqUirenntS of the 2(K)5 Aci and the 21KK) Regul10n5 have not Ixen met. or (2) lo which, in my opinion. attention should Ix drawn in order io enable a pro understanding of the a¢counrs io reached. Haryer Madeod LLP Solicitors 45 Gordon Street Glasgow GI 3PE Date: (Yt loslLaL
OLAM HAZEH CHAIUTABLE TRUST STATEMENT OF FINANCIAL AcrtVlTIES FOR THE YEAR ENDED S APRIL 2026 Unresiricted Unrestricted Funds Funds 2026 2025 Nole INCOMING RFSOUR Voluntary incon 21.188 24,050 Other incoming resources: Bank interesi received Gross Income 21,188 24,050 RESOURCES EXPENDED Charitable aetiviti&s Dona(ions Governance Costs Tot81 Resources Expended 17.450 504 17.954 15,015 660 15,675 NET INCOMING RESOURCES 3.234 8,375 RECONCILIATION OF FUNDS Total funds brought fonvard TOTAL FUNDS CARRIED FORWARD The noies form part of these accounts.
OLAM HAZEH CHARITABLE TRusr BALANCE SHEwr AS AT S APRIL 2026 2026 2025 Note Current Assets Bank 116361 113 127 The Funds of the Charit . Unresiriaed funds The financsta men were ap y the Board of TNs*es on and were signed on its Ixhalf by.. Dr Manin Livingston- T The notes fonn part of these accounts.
OLAM HAZEH CHARrrABLE TRUST NOTES TO FINANCIAL sfATEMETrU5 FOR THE PERIOD ENDED 5 APIUL 2026 Accoun¢in Policies 1.1 AccounliD2 convention The ac¢ounis have been pPared under the historical cos¢ conveniion and in accordance with applicable accounting standards as well as the Chariti&s and Trustee Investmeni (Scotland) Aci 2(K).fj and The StaieJnent of Recommended Practice- Accounting and RewJTting by Charitie5. 12 Incoming resources All incoming resour¢es are included on the SLitement of Financial Activities when the charity TS legally entitled io the Incon and the amount can tc quantified with reasonable accurdcy. IJ Fund accounting Unrestricted funds can used in aCCordare with the charitable ObjeiVeS at the discretion of the Ttustees. The TrUSe$ confirni that no stipulations have In 1 on the Trust'5 funds and, as a result. there is no differential1) iKtween Iksignated, Restricted and Unresiricted funds in the financial sthiements. Volunta Income 2026 2025 Donations Gift aid I6.K) 5,188 20,7.50 3,330 Funds 2025 2025 Unrestricted funds Represenied by: Cvrreni assets
Related transactions No Trnstee received any remuneration during the year or the previous year. IA)nalions received during the year. and the previous year. were all gifted by the Trustees.