THE LATA FOUNDATION
(A Company Limited by Guarantee)
Company Registration No. 6264453 (England & Wales)
Charity Registration No. 1123580
DIRECTORS, REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
IIA
*AB8G1211*
3010812022
COMPAAIES HOUSE
#134

THE LATA FOUNDATION
CONTENTS
Page
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activitie5
Balance Sheet
Notes to the Financial Statements
io
11-12

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
The Trustees/Directors present their report and accounts for the year ended 310ecember 2021. The Trustees
consider that the Accounts comply with the current statutory requirements, its governing document and the
Statèment of Recommended Practice- Charities SORP IFKS 1021.
REFERENCE & ADMINISTRAfioN DETAILS
CHARITY NAME..
The LATA Foundation
COMPANY NUMBER..
6264453
REGISTERED CHARITY NUMBER..
1123580
PRINCIPAL & REGISTERED OFFICE: 20 Upper Tachbrook Street
London SWIV ISH
DIREcfoRsifRUSTEES..
All dirertor5 served throughout the year except where shown..
M5 J Berry
Miss N Gude
Mr R Bra55
Mr C Pickard
Ms K Mcwilliams
Mr Cstewart
Mrs P 8 Tellez-Garside
Ms L Hughes
Ms M Parkinson
Ms K Aston
Chair
Vice-chair
Treasurer
COMPANY SECRETARY..
Mr R Brass
INDEPENDENT EXAMINER=
Fisher Phillips LLP
Summit House
170 Finchley Road
London
NW3 6BP
Page I

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
STRUCTURE GOVERNANCE AND MANAGEMENT
LEGAL STATUS
The LA TA Foundation is a company limited by guarantee that was (ncorporated on 31 May 2007 and rs
governed by its Memorandum and Articles of Association.
TRUSTEE SELECTION METHODS
Trustees must be of good character, have experience of working with Latin America and have the profession31
skills and experience needed to contribute to the governance and objectives of the LATA Foundation. Up to
50% of Trustees may be appointed by the Committee of the Latin American Travel Association ILATAI from its
ranks.
OBJECTIVES AND ACTIVITIES
081ECT
The LATA Foundation is dedicated to promoting responsible busines5 prartices in the tourism industry as well
as 5U5tainable development. conservation and poverty relief in Latin America by tunding. supporting and
devèloping charitable projects throughout the region.
ACTIVITIES
In 2021 grants were made to 14 project partners operating in 10 Latin American countries in a variety of areas
including support for underprivileged & homeless children. environmental protertion & conservation,
empowerment of women, development, education, and healthcare. These grants inclvded emergency support
in response to the COVID-1g Pandemic including the provision of food parcels, medical Supplies including PPE
and educational supplies to facilitate home sthooling.
VOLUNTEERS
The activities of the LATA Foundation are conducted by volunteers using donated facilities and resources.
Teams of volunteers work to obtain donations, primarily from companies operating within the travel industrv
and their staff, and fund5 raised are used to SUPPOrt spècific charitable projects in Latin America. The
Volunteers report directly to the Trustees.
PUBLIC BENEFIT
The grants awarded by the LATA Foundation are subject to a rigorous approval process. are made only to
charitable organisations and are for projects that are exclusively for public benefit in accordance with and
regard to Section 4 of the Charities Act 2006.
GRANT MAKING POLICY
Applications for funding are accepted from charitable organisations. registered NGOS and charitable projects
based in Latin America as well as charities working in Latin America but registered in other countries.
Applications that satisfy the criteria of the LATA Foundation for funding must be submitted using the LATA
Foundation application form and pioviding all of the information required. They are then assessed by the
projects team before final 3pproval by the Trustees. Approved applications are then subjert to a project
agreement that specifies the goals of the project as well as the project timeline and reporting requirement5.
Page 2

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
ACHIEVEMENTSAND PERFORMANCE
CHARfrABLE AcfiviTIES
During the year, we met our objectives by granting £66.220 to 14 charitable projects throughout Latin America
including ongoing support for long term project partners combined with continuing emergency support in
responsè to the COVID-19 Pandemic.
Friends of Alalay- Bolivia
We continued our longstandinB support of the Alalay centre near Santa Cruz which provides shelter for children
from broken homes. many of whom have spent time sleeping rough on the streets. In 2021, our funding
provided vocational training scholarships for three to four students and continved to SUPPOrt enhanced
hygiene measure5 at the welcome house and contingency fvnds for emergency medi¢31 care for the children
and staff. Amount Branted in 2021.. £4.000.
Projeto VidanGar- Brazil
We continued working with Projeto Vidanfjar whose main activity. the VidanGar Dan￿ School. 15 an initiative to
offer underprivileged children from the favelas of Rio de laneiro the opportunity to express themselves
through the art of dance and to provide them with the opportunity to do activities that otherwisè would not be
possible due to their economic sltuation.. such as trips to cultural attrartions. Children'5 Days and Christmas
parties with distributions of toys, clothes and hygiene kit5. The pandemic crisis in 8ra2il continued to affect
alternative funding for the project and our support allowed it to continue pro¥iding dance lessons throughout the
year. Classes were given in person to a Select number of students and by using videoconferencin& they were able to
offer online dance and English classes. which has allowed the projert to expand by offering online le550ns to children in
8ahia. We also provided funding to allow some of the projects rnost promising students to travel for life
changFng audttions at the prestigious Bolshoi Theater School in Joinville. Amount granted in 2021: £7,752.
Abriendo Mentès- Costa Rlca
Abriendo Mentes is a small community-b35ed projert in Guanacaste Province which aims to empower
individuals from two rural coastal commLJnities through innovative and engaging education and community
development programmes allowin8 them to develop skills and to seize economic opportunities. In 2021 we
continued to support the project's Youth Development Programme which offers English, cornputer, sport and
art lessons to yovnE people aged 4-20. Amount granted in 2021.. £3,732.
Condor Trust- Ecuador
We continued working with the Condor Trust to support grass roots work in auito helping underprivileged
families with s¢hooling. The funding provides uniforms. books. school materials and living costs to enable
hildren from low-income families to atterbd Secondary school in the city. with the ultimate aim of helping them
complete their education, find a job and break the cycle of poverty. Our funding also ensured that participants
were able to study online during the COVI(k19 pandemic by supporting the provision of wi-fi and re-
conditioned laptops. Amount granted in 2021.. £5.000.
Fundacion Calicanto- Panama
In 2021 we provided funding to support the participation of 8women in Fundacbon Calicanto's CAPTA proEramme
which gives educational and vocational training support to underprivileged women in Panama City. The course
took place virtually over 9 weeks and inclvded 30 different modules focused on developing three core areas.. 11
Psychosocial Development, 21 Ernployability and Entrepreneurship and 31 Vocational Development. It is followed
by a quarterly monitoring and èvaluation pro8rarn that allows Fundacion Calic2nto to measure the economic
activity of the Eraduates and the consequent achievement of their goals. Amount granted in 2021= £3,771.
Page 3

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
Ma¥an Midwifery International- Guatemala
Mayan Midwifery International IMMII acts an advisory and fundraising body to the Maya midwives of the
Association of Midwives of the Mam Speaking Area IACAMI who live and work in the remote, desperately poor
and malnourished Mam-spe2king communities in Quetzeltango. In 2003, MMI bvilt the ACAM Midwifery and
Birth Center in Concepcion Chiquirichapa which is the only medical centre in Guatemala owned and operated
by indiÈenous midwives and is staffed by a Mam speaking Managing Director and volunteer midwives,
physicians. and public health specialists. In 2021 we provided funding for food for midwivès and families in
their communities as wèll as medical equipment and emergency supplies of PPE. suth as protettive clothin&
gloves, masks and 3ntiba¢terial gel/soap, to help addre$5 the COVltk19 crisis. Amount granted in 2021.. £4.994.
Heallng Venezuela- Venezuela
In collaboration with Healing Venezuela. we continued to provide funding in response to the humanitarian
crisis in Venezuela. The crisis has led to the exodus of more than 50% of rnedical staff (doctors, nurses and
technicians) from the country making Junior Doctor5 Vltal to the running of state hospitals and the provision of
medical care to the vast rnajority who carb't afford private care. Thè salary of a Junior Doctor is as little as $8.
$15 per month and our funding helped to provide supplementary intome to 125 Junior Doctors in 5 hospitals.
In addition, we provided funding to supply PPE to health tentres in two rural areas of Venezuela.. Altagracia de
Oriiuco community lin Guarico Statel and Guaraunos village lin Sucre Statel to help them address the adverse
effects of the COVID-19 pandemic. Amount granted in 2021.. £4.CrfJJ.
Kids Saving the Rainlorest- Costa Rica
Kids Saving the Rainforest IKSTRI rescues and rehabilitates Costa Rican wildlife in and around the Manuel
Antonio National Park and condurts reforestation. land conservation and research in the area. Due to the
COVID-19 pandemic the project has faced unprecedented challenges as the income from tourists and paying
volunteers that the rescue centre relies upon has been badly affected. Our ongoing support in 2021 was
focused on covering nJnning cost5 to ensure the survival of this long-terrn project partner whose work is so
important for the future of sustainable tourism in the area. Amount grantèd in 2021= £4.426.
Children Change Colombia- Colombia
Working with our long-term partner, Children Change Colombia. we provided emergency funding to help
address the haréship caused by the COVID-19 pandemic by providing food parcels to 60 families from
vulnerable communities in 8ogota. Amount granted in 2021.. £1.¢￿.
Sinal do Vale- Brazil
Sinal do Vale is located in Santo Antonio. in the city of Duque de Caxias. where it runs a leaming centre that
.prototypes ¢ommunity-baseé solutions for the regeneration of communities. food systems and forests. and
disseminates them through education. products and servi¢es with local schools and youth and women's
leader5. In 2021. due to the COVID-19 pandemic. we provided emeigency fundinE for the project to support 36
womerh in the community with food baskets sufficient to provide basic food supplies for one month. Amount
granted in 2021.. £1,000.
Peru Porters- Peru
Working with local partners in the travel industry in Peru. we continued to provide emergency funding for
essential food parcels for out of work trekking Porters. Our aim was to offer vital relief to families who had
been empl¢yed in the tourism industry. but who had completèly lost their livelihoods due to the COVID-19
pandemic. As a result of phenomenal support for the initiative from the U.K. travel industry. we were able to
fund an essential lifeline of regular food parcels throughout the year to more than 90 families. Amount
granted in 2021: £15,895.
Page 4

THE LATA FOUNDATION
TRUSTEES, ANNUAL REPORT
Xtraordinary Women- Nicaragua
Xtraordinary Women works with women living in mar8inalized commvnities in Nicaragua. providing them with
job skills. training programmes. entrepreneurship bootcamps and job placement. The aim is for them to
become financially independent by giMng them the tools to break the cycle of extreme poverty and violente
that often dominates their lives. In 2021, our funding supported the project with hvo new initiatives. The first
was an Artisan business support and clevelopment project in Masaya that helped 20 female artisans, who haé
suffered severe economic hardship due to the COVltk19 pandemic. to rebuild their businesses and generate
their livelihoods. The second adapted the successful Bootcamp curriculum to support indigenou5 art15ans in
the Caribbean port town of Bilwi which was 5eveTely irnpacted by Hurricanes Eta and Iota in November 2020.
The Bootcamp taueht them how to establish sustainable businesses and connected them and their prodLJCts to
nèw markets in Nicaragua. All participants in these initiatives also received PPE Kits and cleaning products fur
their businesses. Amount granted in 2021: £5,CUJ.
Galapagos Conservation Trust- Ecuador/Galapagos Islands
Working with the Galapagos Consetvation Trust we supported an existin8 urban family garden project on San
Cristobal Island that aims to alleviate food insecurity by empowering families to learn self-sufficiency in food.
The project had reached 145 families through 7 local teacher5, engaging them in a nutrition campaign an
providing them with educational gardening packs including seedlinEs to grow vegetables and endemic plants.
Our funding aimed to inciease the reach of the projert across the inhabited islands in Galapagos potentially
benefiting up to 1500 families. Amount granted in 2021.. £3,195.
El Rio Foundation- Colombia
In 2021 we began working with El Rio Foundation which was established due to the desirè of the El Rio Hostel
in Buritica, near Santa Marta. to give back to the local community by offertn8 educational 5tJpport and
cornmunity 5POrt opportunities. as well as reforestation and waste management projects. Our initial support
funded an English language programme across four communtties in the area. This delivered 27 hours of English
language classes per week to 19 children and 12 adults and tovered the purchase of teaching materials.
Amount granted in 2021." £2.455
Pro
ect Partners for 2022
In 2022, we aim to prioritise supporting our long-temi partners as they recover from the COVID-19 pandemic
and plan to work with the following core projects..
-Projeto VidanGar- Brazil
-condor Trust- Ecuador
-Abriendo Mentes- Costa Rica
-Kids Saving the Rainforest- Costa Rica
-Xtraordinary Women- Nicaragua
-Healing Vene2uela- Venezuela
-Friends of Alalay- Bolivia
-El Rio Foundation- Colombia
-Calicanto- Panama
Page 5

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
FUNDRAISING
In 2021. our corporate donations continued to be negatively impacted by the COVID-19 pandemic. However,
we benefited from regular support from donors such as Senderos and, in the second half of the year. from the
resumption of donations from significant corporate donors such as Las Iguanas and Journey Latin America. We
also raised significant funds from the travel industry through a hi8hly successful campaign to assist out of work
trekking Porters in Peru and continued to benefit from the generosity of numerous individual donors and
fundraisers, including a number of long-standing donors to whom we are very grateful.
FINANCIAL REVIEW
YEAR END FINANCIAL POSITION
During the year we recorded a deficit on Unrestricted Funds of £21.614 leaving a balance at the year-end of
£60,247 3nd a deficit on Restricted Funds of £3.475 leaving a balance at the year-end of £2,525. At the end of
the year, we had sufficient funds in hand to meet all of our agreed grant commitrnents and to plan support for
our 2022 project partners.
RESERVES POLICY
We currently aim to maintain a minimum reserve level of £25,(￿0. This will allow us to continue providing
ongoing support to existing projert partners in the everbt that we fail to raise sufficient additional funds. The
policy is reviewed annuallv.
Page 6

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
STATEMENT OF TRUSTEES'lDIRE￿ORS, RESPONSIBILITIES
The directors are responsible for preparing the Annual report and financial statements in accordance with
applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. The financial
statements are iequired by law to give a true and fair view of the state ol affair5 of the Company and of the
profit or loss of the Company for that period. In preparing these financial statements, the directors are
required to..
-select suitable accounting policies and then apply them con51Stently-
-make judgements and estimates that are reasonable and prudent..
-follow applicable accounting 5tandard5,'
-prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
Company will continue in business.
The dirèctors arè resF)onsible for keeping proper accounting records that disclose with reasonable a¢¢uracy at
any time the financial position of the Company and enable them to ensure that the financial statements comply
with the Companies Att 2006. They are responsible for safeguarding the asset5 of the Company and hence for
takinE reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the directors has been prepared in accordance with the provisions of Financial Reporting
Standard 102 Section IA relating to small entities, with the special provision5 of Part 15 of the Companies Act
2006 relating to small companie5 and in accordance with Accounting and Reporting by ChaTlties.' Statement of
Recommended Prartice applicable to chartties preparrng their accounts in accordance with FR5102- Charities
SORP IFR51021.
This rèport was approved by the board 24 August 2022 and signed on its behalf.
R Brass
Director
Pa8e 7

THE LATA FOUNDATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the company for the year ended 31 December 2021. which are set out on pages 9-
12.
Res
ective res
onsibilities of trustees and examiner
The charity's trustees Iwho are also the directors of the company for the purposes of company lawl are
responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for
this year under section 144121 of the Charities Act 2011 (the 2011 A¢tl and that an independent examination is
needed.
Having satisfied myself that the chartty is not subjert to audit under company law and is eligit)le for
independent examin3tion, it is my responsibility to..
examine the accounts under section 145 of the 2011 Art.
follow the procedures laid down in the 8eneral Directions given by the Charity Commission lunder section
1451Sllbl of the 2011 Act. and
state whether particular matter5 have come to my attention.
Basi5 of o
inion
My examination was carried out in accordance with General Directions given by the Charity Commission. An
examinatiorb includes a rewew of the accounting records kept by the charity and 3 comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from the trustees concerning any such matters. The procedures
ndertaken do not provide all the evidence that would be required in an audit. and consequently no tspinion is
given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set
out in the statement below.
Inde
endènt examiner's ststement
In connection with my examination. no matter has come to my attention=
which gives me reasonable cause to believe that. in any material respect. the requirement5'.
to keep accounting records in accordance with section 386 of the Companies Act 2(K)6 and,
to prepare accounts which atcord with the accounting records and comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the mèthods and principals of the
Statement of Recommended Practice.. Accounting and Reporting by Charities
have not been met.. or
2. to which. in my opinion. attention should be drawn in order to enable a Proper understanding of the
accounts to be reached.
p.p.g
Philip Syk
For and on behalf of.
Fisher Phillips LLP
Summit House
170 Finchley Road
London NW3 6BP
Date.. 24 August 2022
Page 8

THE LATA FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING THE INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2021
Unrestrirtèd
Funds
Restrlcted
Funds
Total Funds
311izl2021
Total Funds
3111212020
INCOME FROM..
-Donations
-Income from fundraising events
-Bank Interest
TOTAL INCOME
18.623
23.302
41,925
38.120
370
922
39,412
272
18A95
69
23.371
341
42.266
EXPENDITURE ON..
-charitable grants
ost of fundraising events
-Bank, fijndraising & Sundry charges
TOTAL EXPENDITURE
39374
26.846
66.220
70,906
I,ia5
40,509
1,135
67,35S
486
71,392
26,846
NET OEFICIT
-21.614
-3A75
-25.1)89
-31,980
RECONCILIATION OF FUNDS-.
Total fvnds brought forward
Total funds carried forward
SI￿61
60.247
87.861
62.772
119,841
87,861
2525
All recognised gains and losses are reflected through the statement of financial activities.
The notes on pages 11 to 12 form part of these accounts.
Page 9

THE LATA FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Note5
CURRENT ASSETS
Debtor5
Cash at bank and in hand
1.284
61.488
62.772
1.057
87,861
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS
62.772
87,861
CREDITORS
Amount5 falling due after more than one year
NET ASSETS
62,772
87,861
NET ASSETS REPRESENTED BY
Unrestricted funds
Restricted funds
60,247
2.525
62.772
81.861
6,000
87.861
lal For the year ending 31 December 2021 the company was entitled to exemption from audit under settion
477 of the Companies Act 2006 relating to small companies.
Ibl The members have not required the company to obtain an audit of its accounts for the yèar in question in
accordance with section 476.
Icl The directors acknowledge their responsibility for comptying with the requirements of the Act with respea
to accounting records and the preparation of accounts.
Idl These accounts have been prepared in accordance with the provisions applicable to companies subject to
the small companies, regime.
financial statements were approved by the board on 24 August 2022 and signed on its behalf.
Brass
Director
The notes on pages 11 to 12 form part of these accounts.
Page 10

THE LATA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
I.ACCOUNTING POLICIES
BarJiS of Pre
aration of accounts
The accounts have beèn prepared in accordance with Financial Reporting Standard 102 Section IA relating to
small entities, Èn accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with FR5102- Charities SORP IFR51021,' and with
the Comp3nie5 Act 2006. They have been prepared under the historical cost convention, include no material
uncertainties and have beèn prepared on a going concern basis.
Cash Flow Statement
The financial statements do not include a Cash flow statement because the cornpany, as a sm311 reporting
entity. is exempt from the requirement to prepare such a statement ijnder Section IA of Financial Reporting
Standard 102.
Income
All incoming resources are included in the St*ement of Financial Activities when the charity is legally entitled
to the income and the amount can be quantrfied with reasonable accuracy.
Fund Accountin
Unrestricted funds are awdilable for use at the discretion of the Trustees in furtherance of the general
objective5 of the charity. Aèstricted fvnds are funds which are to be used in accordance with specifi
restrictions imposed by donors.
Rèsourtes Ex
ended
All expenditure is accounted for on an accruals basis and has been classified under the relevant headings.
-charitable grants comprises grants made by the charity in the furtherance of its objects.
-costs of fundraising events are those costs incurred in holding events to raise hjnds.
-Bank. fundraising & sundry cost5 represerbt bank payinent charges. expenses incurred frorn the use of the Just
Giving and other donation platforms and any sundry administration expenditure.
Goin
Concern
The financial statèmÈnis have been prepared using the going concern concept. The Trustees have considered
the negative impart of the Covid-19 pèndemic which continues to affect donations. After undertaking the
review, and considering the Charivs reserve of unrestricted funds. the Trustees are eonfident that the Charity
will be able to eontinve to operate as normal for a period in excess of 12 months from the date of this report.
2.TAXATION
The organisation is exempt from income tax by reason of its charitable status.
3.OIRECfORS' REMUNERATION AND EXPENSES
No remuneration directly or indirectly out of the funds of the charity was paid during the period to any trustee
or to any persons known to be connected with them. No reimbursement of expenses has been made or is due
to be made to any of the trustees in respect of the period. fhere were no employees of the charity during the
year.
4.SHARE CAPITAL
The company is limited by guarantee and has no share capital. All members have agreed to contribute a sum
not exceeding £1 in the event of winding up.
Page 11

THE LATA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
5.RELATED PARTY TRANSACTIONS
A donation without conditions totalling £1.134 was reteivèd during the year from the Latin American Travel
Association. There were no transactions with related parties during the year that require further disclosure.
6. DEBTORS
2021
2020
Pledged Oonations
Gift Aid duè
1.134
150
1,284
856
201
1.057
7. SUMMARYOF MOVEMENT OF RESTRICTED FUNDS
Fund Balances
Brought Forward
Fund Balances
Expenditure Carried Forward
Income
Funds for..
Friends of Alalay- Bolivia
Proieto Vidan¢ar- Braiil
Sinal do V81È- Bra2il
Children Change Colombia- Colombia
Mayan Midwifery International- Guètema
xtraordinary Women - Nicaragua
Healing Venezuela VenezLtela
COVID 19 Emergency Relief
Peru Porters Food Parcels- Peru
3.314
3.314
1.0
I,ooi
I,ooi
I,ooi
I,ooi
1.632
15,895
26.846
i.o(J)
1,632
18,420
23.371
2.S25
2.525
8.GRANTS BY COUNTRY
Grants made to institutions in or operating in-.
2021
2020
Argentina
Bolivia
Brazil
Colombia
Costa Rica
Ecuador
Guatemala
Guyana
Nicaragua
Panama
Pèru
Venezuela
4.￿0
.752
3.455
8.158
8.195
4,994
2,OLXI
19,5
1.5fXI
8.987
7.775
2.5
6,5
I,iio
10.125
6.5￿)
70,906
5.CKIO
3.771
15A95
4.000
66.220
Page 12