LATIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA cornpany limited by guarantee and a registered charity)
Report and accounts
forthe year ended 31 March 2024
Registered Company Number.. 1488712
Registered Charity Number.. 1113039

LATIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA company limited by Euarantee and a registered charity)
Content
Page
Reference and administrative details
Report of the Trustees lincorpordting Directors, report)
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
10-14
Thefvllowing page does notform purt of the statutory accounts
Independent examiner's report
15

LATIN AMERICA BUREAU IRESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charltyl
Reference and administrative detai15
Trustees
(also members of Council of Managernentl
M. Lopez Levy Ichairl
D. Lehmann Isecretaryl
L. Etchart
G. Gelber
E. Gregg
Prof. C. Mcllwaine
S. Meghji
L. Morris
J. Pinheiro Dias
H. Plunkett (Treasurer)
Secretary
D. Lehmann
Company number
1488712
Charity number
1113039
Registered office
Enfield House Castle Street
Clun
Craven Arms
Shropshire
SY78JU
Independent examiner
Cocke, Vellacott & Hill
Chartered Accountsnts
Unit 15 City Busine55 Centre
Lower Road
London SE16 2x8
Web site
www.lab.org.uk
Bankers
HSBC
Lion House
25 Islington High Street
Islington
London Nl 9U
Page I

IATIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charity)
Trustees, report (incorporating Directors, report) forthe year ended 31 March 2024
The trustees, who are also the directors of the charitable company, present their report and unaudited financial
statements for the year ended 31 March 2024, which comply with current statutory requirements, the requirements of
the charitable company's governing instrument and the requirements of the Accounting and Reporting by Charities..
Statement of Recommended Practice appli￿ble to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.
Reference and administrative details are set out on page l and form part of this report.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The company was incorporated on 1st April 1980 in England and Wales and is governed by its memorandum and articles
of association as amended by special resolution dated 6th February 2006. The company is a company limited by
guarantee not having any share capital. Each member's guarantee liability is limited to £1. The company became
registered charity on 20th February 2006.
The management of the charitable company is conducted at meetings held by the trustees at regular intervals. New
trL>Stees are appointed by the members at a general meeting.
The major risks, to whith the charitable company is exposed as identified by the trustees, have been reviewed and
systems are being established to mitigate those risks.
OBJECTIVESAND AcfiviTIES
The charitable company's objectives are to advance the education of the public in the issues of social, political and
economic justite, human rights and other related subjects in Latin American and Caribbean countries in particular but
not exclusively by commissioning, publishing and promoting books for the benefit of the public mainly for an
English-language readership,. to promote and carry out research forthe public benefit and disseminate the useful results
of that research,. and to advance the education of the public in Latin American and Caribbean heritage and culture.
DONATIONS. GIFT AID, SUPPORTERS AND FRIENDS OF LAB
LAB uses the service of CAFDonate (part of Charities Aid Foundation) to publicise and receive donations, both one-off and
regular. CAFDonate also processes GiftAid where eligible donors Opt for this, and pays the proceeds to LAB. LAB also began
migrating previous donors via Patreon to CAFDon3te. Though a small number of Patreon donors I'patron5'1 remain, no
reward5 are offered. Regular donors of £3.50 per month or more are counted as 'LAB Supporter5', while those who
contribute £8.50 or more are 'Friends of LAB,.
Those who are unable to donate Still receive L4B's monthly e-mail newsletter for free.
ACHIEVEMENTS & PERFORMANCE REPORT
STAFFAND VOLUNTEERS
During this financial year we were able to retain the services of Rebecca Wilson, our Managing Editor working
now as a freelance consultant. Her hours fluctuated as our funding, projects and work in hand dictated. From
January 2023 onwards she has been mainly resident in Colombia, but she remains constantly present by email
and on WhatsApp and has been able to bring to LAB her local contacts and opportunities from the region. As
an increasingly 'distributed' organization, we have found strength in having our regular post-holders and council
members in Latin America and the US as well as in the UK.
As before we continue to recruit to our large panel of volunteers which includes several writers- translators,.
book sales assistants (Lizzy Sanders) and a print books distribution manager (Bill McLellanl- an author royalties
manager11sobel Jonesl,. film reviews editor (Karoline Pelikanl.. and volunteers on current projects, especially
Environmental Defenders. We have an informal panel of experienced editors and contributors, includinB Sue
Branford. Nick Caistor, Linda Etchart, Mike and Tom Gatehouse, Grace Livingstone, Jan Rocha. Fiona Watson
and Marcela Lopez Levy. Our Managing Editor is Rebecca Wilson.
Page 2

LATIN AMERICA BUREAU (RESEARCH AND ACTIONI LIMITED
IA company limited by guarantee and a registered charity)
Trustees, report (incorporating Directors, report) for the year ended 31 March 2024
ACHIEVEMENTS & PERFORMANCE REPORT (cont.)
PROJECTS
Many LA8 projects ond books ore supported by dedlcoted web-poges or websltes produced and molntt7ined by iA8. These
are indicGrted by
Research Engagement and Impact {REII
LAB now offers a comprehensive list of services to university researchers. These include publishing single articles or series,.
translation, editorial and training for writers- custom websites,. and books describing research but aimed at a general
readership and priced affordably. REI projects include..
T Women Resisting Violence (with Kings College London), which led to a multilingual podcast. book and article series.
In the past year a short films programme was developed and screened at the National Film Archive of Chile and at Brixton
House Theatre in London. The book has been translated into Spanish and Portuguese and published by Open Access
feminist publisher Cita Press.
Lg CAMeNA (with University of Lantasterl, which produced an ongoing article series, based on documents and
testimonies held in the Centro Académico Memori3 Nuestra America, at the Universidad Autonoma de Mexico (UNAMI. A
podcast episode is underwav.
7 ReGHID (with Universities of Southampton and York), which produced an Open Access photobook Moving
Forward/SalirAdelonte, published in English, Spanish and Portuguese, about health, c3re and violence as seen through the
eyes of displaced Venezuelan women in Brazil. LAB organised talks and film screenings at UK film and literature festivals.
RECLAMA (with Northumbria University. Universidad San Francisco de Quito and Mujeres de Asfaltol about Afro-
Ecuadorian women's heritage in Esmeraldas province, Ecuador. The project produced a number of short films, an art
exhibition, a recipe book and photo collection. In May 2024 LAB hosted an event at Brixon House in London where women
from the organisation in Ecuador presented the project to an audience of local members of the Black community, local
Latin American migrants, students and LAB readers.
67 TheAmazon in Times of War book. LA8 was funded by US academic and Amazon expert Marc05 Colon, to edit, publish
and promote his book (published in October 20241, fruit of hi5 research at the State Universities of Florida and Arizona and
at the Walter Cronkite School of Journalism & Mas5 Communication. L48 is organizing a UK tour and a launch event in
London.
61 Hllos Fronteriz05 (Borderland Threads) with LSE Latin America and Caribbean Centre, Univer5idad de Chile and the
British Academy, collected arpilleras and testimonies created by Colombian women migrants living in Antofagasta, Chile.
The project produced arpillera exhibitions and a Short film. LAB edited translations and designed and hosts the website.
The short film will be Screened by LAB a5 part of a short film programme showcasing different initiatives of women resisting
violence, under thi5 projert title.
Artlcle Serie5
Voz
LAB'S long-read, guest written dispatch was originally a quarterly publication initially available only to LAB Patron5 Ihigher-
level subscribers via Patreonl. Voz has now been made free. Two numbers were published during the year..
Voz Vlll. September 2023. Together we heal.. Women, Art & Re515tance, by Fi Gilligan, follows the creative healing practices
of a displaced Afro-lndigenous women's organization in Cartagena, Colombia and is both a long-read article and a link to a
documentary film of the same name.
Voz IX. March 2024. '1 watched as bonfires of books and papers were burned,, by Tom Gatehouse. This was an interview
with Mike Gatehouse (Tom's fatherl who lived in Chile in 1973 and was taken prisoner after the military coup and held in
the National Stadium.
Environmental Defenders
The Environmental Defenders series, edited by Rebecca Wilson, featured Six article5 and multiple social media posts
between January and March 2024, on Colombia, Ecuador, the Amazon, Mexico, Honduras and Paraguay. It was ongoing in
March 2024 with numerous additional article5 and a documentary film in which four environmental defenders disCUSS their
territorial work and the Americas-wide alliance for racial and climate justice. Funding 15 being sought from the
Page 3

L4TIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charitvl
Trustees, report (incorporating Directors, report) for the year ended 31 March 2024
ACHIEVEMENTS & PERFORMANCE REPORT {cont.I
Network for Social Change in order to continue the series. Rights to the English translation of Moira Millan's testimony
Terricide have been acquired and LAB is seeking funds to translate and publish the book. LAB'S book The Amazon in fime5
of War by Marcos Colonlsee below) also forms part of our Environmental Defenders Work.
In October 2023 we won funding to work on the series for 6 months. This included commissioning/publi5hing 12 original
articles from international writers le.g. in Chile, Surinam, Ecuador, Bolivia, Paraguay, Mexico and the UKI,. publishing high-
quality photographs,- commissioning English translations of reporting by our partner outlets; hiring a social media writer,.
tommissioning and publishing a mini-documentary amplifying the voices of four Black and Indigenous environmental
defenders and their work. The series acquired over 10,000 readers and led to a 126% social media reach increase and a
75%increase in social media engagement.
LAB'S ED Team included Linda Etchart, Sue Branford, Fiona Watson, Moira Millan, Ana Reyes-Hurt, Marcos Colon, Marilene
Cardoso Ribeiro
The Series is a collaboration between LAB and organizations in the region, including..
No Ficcion, Guatemala
Federacion Ecologist3, Cost3 Rica
Expediente Publico, Central America
Agencia Publica, Brazil
Clip, Costa Rica
Contracorriente, Honduras and Central America
Mongabay Latin America, US, Latin America & Global
Amazonia Latitude, Brazil
Peru Support Group, UK
Jan Rocha's Blog
L4B correspondent Jan Rocha continues to contribute up-to-the-minute news and analysis from Sao Paulo, with posts
including 'Coup and Carnival, (Feb 20241, 'Malvina5 Mornent for the Armed Forces, (Aug 20231 and The Amazon Summit..
some progress but Contradiction5 remain, (Aug 20231.
Website
LAB'S website remains central to all of L4B's work. 92 new posts were added during the year, and the various project
websites and article series detailed above now convey the impression of separate, linked web51te5 underthe LAB umbrella,
and sharing the LAB domain lab.org.uk. LAB'S website received 300,000 visits March 2023- March 2024. From 184
countrie5, Wlth most user5 in the United State5, United Kingdom, Canada, Brazil, Germany. China, France.
Social Media
LAB'S social media accounts have tontinued to grow steadily, especially on Instagram. where we now reach 38.6K accounts.
Articles, events and LAB news are shared on Instsgram to a small number of engaged followers, mostly based in the UK.
Twitter no longer allows US to view stat15tics, and many are leaving the platform after its acquisition by Elon Musk.
Following advice from Trustees, LAB has opened an account on open network Bluesky to which many of our followers are
likely to migrate.
Newsletter
Ten newsletter5 were published during the year and emailed to our approxlmately 1,300 subscribers. Most continue to
receive the newsletter for free, though we often remind subscriber5 of the importance of supporting LAB by becoming
'LAB supporters, or 'Friends of LAB, by making a regular donation via CAFDonate1see above). The newsletters were
compiled and edited by Antonella Navarro and Rebecca Wilson.
Page 4

LATIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charitvl
Trustees, report lincorporating Directors, report) forthe year ended 31 March 2024
ACHIEVEMENTS & PERFORMANCE REPORT (cont.)
BOOKS
Practical Action Publishing
Our partnership with Practical Action Publishing, in place since 2014, is key to L4B's work and without it we could not
publish books at all. Approximately 126 books in LAB'S back catalogue have been digitised and made available to download
or print-on-demand on the PAP website. All new LAB titles since 2014 have been co-publications, with PAP taking on all
the tasks involved in the physical production and distribution of books in both print and ebook formats. PAP now uses
Ingram Books as its worldwide distributor and is able to arrange local printing of all titles.
Crossed Off the Map- Travels in Bolivia
Although it Was published in 2022, authorshafik Meghji has continued to promote the book energetically. It was shortlisted
for the Edward Stanford Travel Book of the Year 2023. A further 214 copies lin all formats) were sold during the year. Total
sales in all formats reached 805 copies by May 2024. LAB was able to sell the rights for a Chinese translation, due to be
published in 2025. An extract from the book will be included in an anthology of South American travel writing published
by Bradt in 2025.
LYThe Heart of Our Earth- Community Resistance to Minlng in Latln America
This book wa5 launched in March 2023, at the close of our previous financial year. Rebecca Wilson organized promotion,
which was partly paid for by a grant from the Network for Social Change. Approximately 160 copies were 501d lin all
format51 in the first nine months. AuthorTom Gatehouse did a number of speaking engagements, including.. a LAB webinar
lin Spanish, Portuguese and English) on Mining and Environrnental Justice, with speakers from Argentina, Ecuador and
Brazil. the Resisting Mining Bookclub lorganized by London Mining Network),. an event at London bookshop Morocco
Bound,. to the Anglo-Bolivian Society,. to a local group campaigning against proposals to mine tin and lithium at Wheal Vor
in Cornwall. The website for the book remains active and is updated with new posts about mining in the region. View the
projert report at htt
lab.or
.uk
-content
103ds
2024
oi
The-Heart-of-Our-Earth-
ro
ect-re
Moving Forward
Moving Forward, published 2023, is a photobook by Pia Riggirozzi, Bruna Curcio, Tallulah Lines, and Natalia Cintra offering
an insight into migrant wornen and girls, experiences. LAB edited and published the book in two bilingual editions: one in
English/Spanish and another in Portugueselspanish. Both versions are a150 available Open Access online. LAB prornoted
the book and the accompanying documentary film of the same name15ubtitled by LABI at festivals including Sisterhood
Festival, Migration Matters Festival and the London Spanish Book and Zine Fair. The doc was shortlisted for Best Foreign
Documentary at WRPN Women's International Film Festival.
Clamor- the search for the disappeared of the South American dictatorships
Written by LAB'S SS0 Paulo correspondent Jan Rocha, and published in April 2023, this book complement5 our 2016 title
K, by Bernardo Kucinski. It was launched at a successful event at Lumen. London. Clamor describe5 the work of the human
riEht5 organization Clamor, set up by Jan Rocha and others in 1977 with backing from the Catholic Church. Initially focused
on the disappeared prisoners of Brazil, it swiftly extended to cover Paraguay, Uruguay. Argentina and Chile. It was
instrumental in tracking down children seized from parents who were imprisoned and illegally adopted by military families.
It also investigated Operation Condor, the coordination of intelligence services of the southern cone dirtators.
Translation Rights
Translation rights were signed for LAB book Chico Mendes-ln His Own Word5 including a Korean translation and a Bengali
translation by Pritilata Biswas. Biswas live5 in Chennai. a city in southern India where local actlVlSts who had set up the
Jessore Road Gachh Banchao (Save the Tree) Committee were anxious to find inspiration and precedents in other
countries. They came acr055 the name of Chico Mendes, the Brazilian rubber-tapper and Amazon defender, and were
inspired by the book LAB published in 1990.
Rights to a Chinese edition of Crossed Off the Map have been signed, with publication expected in 2025.
Women Resisting Violence to be published in Spanish and Portuguese, with Cita Press IUSAI and Jandalra IBrazill
respectively.
Page S

LATIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charity)
Trustees, report (incorporating Directors, report) forthe year ended 31 March 2024
PUBLIC BENEFITS
In setting their objectives and p13nning their activities the trustees have regard to the charity commission's general
guidance on public benefit and to its supplementary public benefit guidance on advancing education.
Latin America Bureau (Research and Actionl Limited's ILABI website has helped to give our activities and priorities
greater exposure since its launch in 2008. This, combined with our Facebook page, tweets, publications, our public
events and our constantly updated analysis of current affairs throughout Latin America, posted daily onto our website,
has increased our constituency and helps to inform a wide rdnge of individuals and organisations about events and
issues in the region.
FINANCIAL REVIEW
The results for the year, are as per the statement of financial activities on page 8. Donations and grants of £47,290
12023 - £25,3391 were received during the year. The charitable company sold £3,60012023 - £4,042) of publications
through the charity's website and various book agencies.
There were no fund raising tosts for during the year12023 - £nill and charitable activitie5 expenditure during the year
totalled £48,77212023 £38,581), leaving a surplus of £2,123 12023 deficit of £9,198) which was transferred to the
General Funds.
The trustees would like to retain sufFicient reserves to enable the charity to continue its work in future years.
DIRECTORS AND TRUSTEES
The directors land trustees of the companyforthe purposes of charity lawl who served during theyearwere:
Prof. C. Mcllwaine
S. Meghji
L. Morris
H. Plunkett
M. Lopez Levy
D. Lehmann
N. Cai5tor
J. Pinheiro Dias
Ichairl
Isecretsryl
Ire5igned on 15 April 20241
lappointed on 27 April 20231
ITreasurer. Appointed on 27 April
20231
(resigned on 1SJanu3ry 20241
(resigned on 15 April 20241
L. Etchart
G.Gelber
E. Gregg
lappointed on 20 June 20231
Prof. D. Treece
P. Wilcken
TRUSTEES. RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS
The trustees Iwho are also the directors for the purp05e5 of company lawl are responsible for preparing the Annual
Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted
Accounting Practice.
Company and charity law requires the directors to prepare financial statement5 for each financial year which give a true
and fair view of the state of affairs of the company and of the net income or net expenditure of the company for that
period. In preparing those financial statements the director5 are required to.'_
select suitable accounting policie5 and then apply them con51Stently:
make judgements and estimates that are reasonable and prudent,.
prepare the financial statements on the going concern basis unless it is inappropriate to pre5umethatthe charitable
company will continue in business.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the company and to enable them to ensure that the financial Statements comply with the
Companies Act 2006. They are also responsible for safeEuardlng the assets of the company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularitie5.
Pa8e 6

LATIN AMERICA BUREAU (RESEARCH ANDACTIONI LIMITED
IA company limited by Euarantee and a registered charity)
Trustees, report lincortsorating Directors, report) forthe year ended 31 March 2024
RELATED PARTIE5 TRANSAcfioNS
Details of related parties transactions are given in note 12 to the accounts.
AUDIT EXEMPTION
The charitable company has taken advantage of the exemption under subsection l of section 477 of the Companies Act
2006 and these financial statements are therefore unaudited.
This report was approved by the trustee5 on 12 December 2024 and signed on their behalf by
M. Lopez Levy
Director and Trustee
Page 7

L4TIN AMERICA BUREAU IRESEARCH ANDACTIONI LIMITED
IA company limited by guarantee and a registered charity)
Statement of financial actlvities for the year ended 31 March 2024
(incorporating the Income and Expenditure Account)
Unrestricted
Unrestricted
funds
fvnds
2023
2024
Notes
Income from-.
Donations and grants
Bank interest received
47,290
25,339
Income from charitable activities
- Sales of publications & royalty income
- Consultancy fees
3,600
4,042
Total
50,895
29,383
Expenditure on..
Raising funds
Charitable activities
148,7721
138,581?
Total
148,7721
(38,581)
Net incomellexpenditurel for the year
2,123
19.198)
Other recogni5ed gains and losses
Net movement in fund5
2,123
(9,198J
Reconciliation of funds
Total funds brought forward
li
13,779
22,977
Total funds carried forward
li
15,902
13,779
All the operations undertaken during the current and preceding year are continuing operations.
There are no gains and1055es other than those recognised through the Statement of Financial Activitie5 above.
There is no difference between the net income lexpenditurel and the retained net income lexpenditurel for the
year stated above, and their historical c05t equivalents.
The notes on puges 10 to 14form an integmlpart of the5efint7nci015tatements.
Page 8

LATIN AMERICA BUREAU (RESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charity)
Balance sheet as at 31 March 2024
2024
2023
Notes
Current assets
Stotks
Debtors
Cash at bank and in hand
1,448
359
514
13,957
14,675
Total current assets
16,903
14,830
Creditors- amounts falling
due within one year
io
11,ooii
(1.051)
Net current assets Iliabilitiesl
15,902
13,779
Total assets less current liabilities
15,902
13,779
The funds of the charity
Unrestricted income funds
Income and expenditure account
li
15.902
13,779
Total charityfunds
li
15,902
13,779
For the year ended 31 March 2024, the charitable company was entitled to exemption from audit under section 477 of
the Companies Act 2006, relating to small companies.
Dirertors, responsibilities..
The members have not required the company to obtain an audit of its accovnts for the year in question in
accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to
accounting records and preparation of accounts.
These accounts have been prepared in accordance with the provlsions applicable to companies subject to the small
companies regime.
The financial statements were approved by the board on 12 December 2024 and signed on its behalf by..
M. Lopez Levy
Directorand Trustee
Registered Company Number: 01488712
The notes on pt7ges 10 to 14form on integralpartof thesefinonciolstatements.
Page 9

LATIN AMERICA BUREAU (RESEARCH ANDACTIONI LIMITED
IA company limited by guarantee and a registered charity)
Notes to the financial statements
for the year ended 31 March 2024
General information
The company was incorporated on 1st April 1980 in England and Wales and Is governed by its memorandum
and articles of association as amended by special resolution dated 6th February 2006. The company is a
company limited by guarantee not having a share capital. Each member's guarantee liability is limited to £1. The
company became a registered charity on 20th February 2006. The address of its registered office is The address
of its registered office is Enfield House Castle Street, Clun, Craven Arms, Shropshire, SY7 8JU.
The principal objective of the charitable company is to advance the education of the public in the issues of
social, political and economic justice, human rights and other related subjects in Latin America and Caribbean
countries in particular but not exclusively by commissioning, publishing and promoting books for the benefit of
the public mainly for an English-language readership.
Accounting policies
The following accounting policies have been used tonsistently in dealing with items which are considered
material in relation to the charitable company's financial statements.
Basis of accounting
The financial statements of the charitable company are in accordance with 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 IFRS 1021 (effective l January
20191- (Charities SORP IFRS 10211. the Companies Act 2006 and the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 1021.
The financial statements are prepared in £ sterling, which is the functional currency of the entity.
The current period's figures are for the year ended 31 March 2024, and the comparative figures are for the year
ended 31 March 2023.
After reviewing the charitable company's forecast and projections, the trustees have a reasonable expectations
that the charitable company has adequate resources to continue in operational existence for the foreseeable
future. The charitable company therefore continues to adopt the going concern basi5 in preparing its financial
statements.
Ibl
Cashflow
The charitable company qualifie5 35 a small company under the Companies Act 2006. The director5 have elected
to take advantage of the exemption in FRS 102 not to prepare a cashflow statement.
Income
Grants and donation5 and all other income are accounted for on a receivable basis unless they are specifically
restricted by the donors to projerts or to work that will be carried out in the future, in which case they are
deferred to that period.
Idl
Sales of publications
Sales of publications represent the amounts charged to buyers excluding Wdlue added tax.
Page 10

LATIN AMERICA BUREAU IRESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charitvl
Notes to the financial statements
for the year ended 31 March 2024
continued
Accounting policies Icontinuedl
Expenses
Expenditure is included in the statement of financial activities on an accruals basis. Expenditure incurred on
activities falling dirertly within one cost category 15 attributed to that category. Expenditure, which involves more
than one cost category including support costs, is apportioned on a reasonable, justifiable and consistent bas15 to
the cost categories involved. Liabilities are recognised as resources expended as soon as there is a legal or
constructive obligation committing the charitable company to the expenditure.
Governance costs comprise all costs involving public accountability of the charitsble company and its compliance
with regulation and good practice.
Stock
Publications are valued at the lower of the unit printing and purchase cost or one third of the cover price after
making due allowance for obsolete and slow moving items.
Igl
Foreign currencies
Foreign currency transactions are translated into Sterling at the average monthly rate of exchange prevailing
during the month of the transaction. Assets and liabilities denominated in foreign currencies are translated into
sterling at the rates of exchange ruling at the balance sheet date. All revaluation differences and realised foreign
exchange differences are taken into the income and expenditure account.
Donations and subscriptions
2024
2023
Donations and subscriptions
The Heart of Our Earth Projert
ReGHID- Moving Forward Project
Women Resisting Violence Project
Reclama Project
Environmental Defenders Project
The Amazon in Times of War Project
Research Engagement and Impact
Miscellaneous- Vendors Capitalism
Tran51ation/publishing rights
17,444
211
5,134
7,120
4,150
5,000
3,118
I,ioo
3,000
1,013
6,039
6,800
12,500
47,290
25,339
Page 11

LATIN AMERICA BUREAU IRESEARCH ANDACTIONI LIMITED
IA company limited by guarantee and a registered charity)
Notes to the financial statements
for the year ended 31 March 2024
continued
Cost of charitable activities
Charitt7ble activities
2024
2023
Purchase and production of publications
Website maintenance and updating costs
Printingi Postage and stationery
Insurance
Voices and Amazon Besieged book events
Heart of our Earth Project
VOZ expenses
Women Resisting Violence project
Environmental Defenders Project
Miscellaneous- Vendors Capitalism
ReGHID- Moving Forward project
Clamor
RECLAMA
Gross salaries
Pension costs
Subcontractor expenses
Travelling and subsistence
Freelance administrator fee5
Royaltie5
Book fair expenses
Sales of arte53nia
General expenses
Other expenses
Bank commission and charge5
4,052
4,166
86
497
1,622
4,036
261
497
100
1,533
87
1,947
1,328
70
4,661
945
2,900
131
394
9,000
192
9,948
loo
1,470
1,513
193
710
1,146
215
17,585
340
58
1.230
192J
5,134
315
242
47,805
37,807
Governance costs
Independent examiner's fees
967
774
48,772
38,581
Staff c05t5
Nijmber of employees
The average weekly numbers of employees
during the year were..
Office and management
2024
Number
2023
Number
Employment costs
2024
2023
Wage5 and 5alarie5
Other pension costs
9,000
192
17,585
340
9,192
17,925
No employee earned more than £60,000 per annum12023- none).
Page 12

LATIN AMERICA BUREAU IRESEARCH AND ACTION) LIMITED
IA company limited by guarantee and a registered charity)
Notes to the financial statements
for the year ended 31 March 2024
continued
None of the trustees/directors received any remuneration during the current or preceding year other than as
disclosed in note 12.
Pension costs
The company operates a defined contribution pension scheme in respect of the 2008 Pensions Act. The scheme
and its assets are held by independent managers. The pension charge represents contributions due from the
company and amounted to £19212023 - £3401 and is included in wages and salaries costs above. The rates
applicable to the employees were 5% up to 5 April 2023. The rates applicable to the employer were 3% up to 5
April 2023. At the year-end no12023 - £751 contributions was outstandinE.
Taxation
The company 15 a charitable company. No provision fortaxation is therefore required.
Stock5
2024
2023
Printed books for resale
Digital books held by PAP
1,448
359
1,448
359
Stocks of publications have been valued at the lower of the unit print/purchase cost or one-third of cover price on
expected sales, except for item5 of Slow moving and obsolete stock, which have been written off.
Printed books are mainly unsold books bought from Prartical Action Publishing IPAPI for book events.
PAP holds all book title5 owned by Latin America Bureau (Research & Action) Limited ILABI in digltal format.
When a book title is soltl whether as a group licence or an individual title, LAB is entitled to receive a royalty.
Debtor5
2024
2023
Vat recoverable
Refund of Paypal
710
70
514
780
514
Page 13

LATIN AMERICA BUREAU (RESEARCH ANDACTIONI LIMITED
IA company limited by guarantee and a registered charity)
Notes to the financial statements
for the year ended 31 March 2024
continued
io.
Creditors.. amounts falling due
Within one year
2024
2023
Other taxes and social security costs
Pension contributions- creditor
Accruals
71
71
75
905
930
I,ooi
514
ii.
Reconciliation of movements in total funds
2024
2023
IDeficitllsurplus for the year
2,123
f9,198J
IDecreasel[Increa5e in total funds
Opening funds
2,123
13,779
19,198)
22,977
Closing fund5
15,902
13,779
12.
Related party transattions
No trustees received any reMune￿t10n during the year. No trustees received any fees for professional services
provided to the charity during the year12023- no trustees received £nill.
Page 14

Independent ex3miner's report to the trustees on the unaudited financial statements
of LATIN AMERICA BUREAU IRESEARCHAND ACTION) LIMITED.
I report to the trustees on my examination of the financial statements of LATIN AMERICA BUREAU (RESEARCH AND
ACTION) LIMITED forthe year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the company land also its directors for the purposes of company lawl you are responsible for
the preparation of the accounts in attordance with the requirements of the Companie5 Act 20061'the Act'l.
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 20111.the 2011 Act'l. In carryinE out my examinBtion I have followed the
Directions given by the Charity Commission under sertion 145151 Ibl of the 2011 Act.
Independent examinerfs statement
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 Art other than anv
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 lapplicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 10211.
141
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.
David Warren. BA
Cocke, Vellacott & Hill
Chartered Accountants
Unit 15 City Business Centre
Lower Road
London SE16 2XB
12 December2024
Page 15