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THE LATA FOUNDATION
(A comp.any L.imited by Guarantee)
Company Registration No. 6264453 (England & Wales)
Charity.R.egistration.No.. 11.23580
DIRECTORS, REPORT & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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1610912025
COMPANIES HOUSE
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#229

THE LATA FOUNDATION
CONTENTS
Page
Trustees, Annual Report
.In.dependent.Examinerf.s..Rep.o.rt
Statement of Financial Activities
Balance Sheet
Note5 to the-Flnancial Statements

THE LATA FOUNDATION
TRUSTEES,. ANNUAL REPORT
The Trustees/Directors present their report and accounts for the year ended 31 December 2024. The Trustees
consider that the Accounts comply with the current statutory requirements, its governing document and the
Statement of Recommended Practice- Charities SORP IFRS 102}.
REFERENCE & ADMINISTRATION DEfAILS
CHARITY NAME:
The LATA Foundation
COMPANY NUMBER:
6264453
REGISTERED CHARIIY NUMBER..
1123S80
PRINCIPAL & REGISTERED OFFICE.. 20 UpperTachbrook Street
London SWIV 15H
DIRECTORS/TRUSTEES:
All directors served throu8hout the year except where shown:
J Berry
N Gude
R Brass
K Mcwilliams
C Stewart
P 8 Tellez-Garside
L Hughes
M Parkinson
K Aston
C Hendry
M John50n
C Plckard
Chair
Vice-chair
Treasurer
Resigned S September 2024
COMPANY sEcR￿ARY.
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 STATU5
The LATA Foundation is a company Ilmited by guarantee that was Incorporated on 31 May 2007 and Is
governed by its Mernorandum and Articles of Association.
TRUSTEE SELECTION MEfHOD5
Trustees must be of good chararter, have expertence of working with latin America and have the professlonal
skills and experience needed to contribute to the governance and objectives of the LATA Foundation. Up to
SO% of Trustees may be appointed by the Committee of the Latin American Travel Association ILATA) from its
ranks.
OBJEcfivES AND A
IVITIES
OBJEcr
The LATA Foundation 15 dedicated to promoting responslble buslness practices in the tourism industry as well
as sustainable development, conservatlon and poverty rellef in Latin America by funding, supporting and
developing charitable projects throughout the region.
ACTIVITIES
In 2024 grants were made to 8 project partners operatin8 in 8 Latin American countries in a variety of area5
Including support for underprivileged & homeless chlldren, environmental protection & conservation,
empowerment of women, sustainable tourism & economic development, education and healthcare.
VOLUNTEERS
In 2024 the activlties of the LATA Foundation were conducted by volunteers uslng donated facilities and
resources. Teams of volunteers worked to obtain donations, primarily from companies operating Wlthin the
travel industry and their staff, and funds raised were used to support specific charitable projects in Latin
America. The Volunteers reported dlrectly to the Trustees. At the end of the yedr, pldns were In place for a
future part-time staff member to asslst with, enhance and manage these volunteerattivities.
PUBLIC BENEFIT
The grants awarded by the LATA Foundation are subject to a rigorous approval process, are made only to
charitable or8anisations and are for projects that are exclusively for public benefit in accordance with and
regard to Section 4 of the Charlties Act 2006.
GRANT MAKING POLIC
Appllcations for funding are accepted from charitable organlsatSons, reglstered NGOS and charltable 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 rnust be submitted using the LATA
Foundation application form and providing all of the information required. They are then assessed by the
projects team before final approval by the Trustees. Approved applications are then subject to a projert
agreement that specrfies the goals of the project a5 well a5 the project timeline and reporting requirements.
Page 2

THE LATA FOUNDATION
TRUSTEES, ANNUAL REPORT
ACHIEVEMENTS AND PERFORMANCE
CHARITABLE A￿1VITIEs
During the year, we met our objectives by granting £28,637 to 8 charitable projects throughout Latin America
which included core criteria related projects as well as transitional support for long-term project partners.
Friends of Alalay- Bollvla
We provided transitional funding to our longstanding partner the Alalay centre near Santa Cfuz which provides
shelter for children from broken homes, many of whom have spent time sleeping rough on the streets. The
fundin8 contlnued vocational training scholarships for four children and provided general funds to allow the
centre to rebuild its reserves and to hold a contingency for emergency medical care for the children and Staff.
Amount granted in 2024." £2.000.
Projeto Vldansar• Brazll
We continued our support of Projeto VidanGar whose main actlvity, the Vidan[ar Dance School, is an initiatlve
to offer underprivileged children from the favelas of Rio de Janeiro the opportunity to express themselves
through the art of dance and to provide them with the opportunlty to do activities that otherwise would not be
posslble due to their economic sltuation; such as trips to cultural attrartions, Chlldren's Days and Christmas
parties with distributions of tOy5, clothes and hygiene kits. Our 2024 funding supported general running costs
including food for the children and the salaries of ballet teachers and the teachers of online English classe5.
Amount granted in 2024: £4,000.
Healing Venezuela - Venezuela
In collaboration with Healing Venezuela, we provided transitional funding to offer continued support in
response to the onEoing humanitarian crisis in Venezuela. The crisis has led to the exodus of more than 50% of
medical staff {doctors, nurses and technicians> from the country making Junior Doctors vital to the running of
state hospitals and the provision of medical care to the vast majority who cannot afford private care. The
salary of a Junior Doctor is as little as $8-$15 per month and our funding helped to continue providing a
supplementary income of $40 per month to a number of Dottors who were selected according to need.
Amount granted in 2024: £1,500.
Klds Savlng the Ralnforest- Costa Rka
Kids Saving the Ralnforest IKSTRI rescues and rehabllitates Costa Rican wlldllfe in and around the Manuel
Antonio National Park and conducts reforestation, land conservation and research in the area. Continuing our
long-term support forthis partner, in 2024 we provided funding to improve, remodel and expand the sloth
enclosures to ensure that they offer the best quality of life and the hlghest possible standards of animal
welfare. Amount granted in 2024: £4,109.
Xtraordlnary Women - Nicaragua
Xtraordinary Women works with women livin8 in marginalized communities in Nicaragua, providing them wlth
Job skills, training programmes, entrepreneurship bootcamps and job placement. The aim isfor them to
become financially independent by giving them the tools to break the cycle of extreme poverty and violence
that often dominates their lives. In 2024, we prowded transitional funding to allow ten women to benefit from
two months of one-to-one business coaching and mentoring sessions to help them launch their own home-
based Sweets businesses. Amount granted in 2024.. £2,000.
Page 3

THE LATA FOUNDATION
TRUSTEES. ANNUAL REPORT
El Rio Foundation- Colombia
El Rio Foundation was established due to the deslre of the El Rio Hostel in Buritica, near Santa Marta, to give
.back.to the local.community by offering educational support and community sport.opportunities. as well as
reforestation and waste management projects. Building on the English language programme that we helped
fund for several years, our funding in 2024 supported a full year of English teaching and tutoring in one
community in Buritica.. Amount granted in 2024". £5,140..
Ploflor House- Peru
Picaflor House is an educational charity working in the small town of Qropesa, and other villages in the
.sur.r.ounding rural area 25km outside of Cusco, which offers a comprehensive after school pfogramme.ln
academic and non-academic subjects to children aged 3-15. Our funding in 2024 supported a mobile library
project to Improve aC￿sS to and the quality of education for children in rural villages around Cusco who had
been excluded from online learning during the COVID.-19. pandemic due to a lack of access to the internet and.
computing devices. The library vi51ted three rural villages every week taking book5, teachers, and other
learning resources to 100 children aged between 5 and 14, helpinE them to reongage with education and to
catch-up academically. Amount granted.in 2024: £5.140.
AMA Torres del Palne - Chlle
AMA Torres del Paine is a non-profit environmental group that supports and finances projects to conserve the
natural environment of the Torres del Paine National Park. The organisation contributes to conservation.
projects, sclentlfic research and environmental education initiatives every year, all aimed at preser4*in8 the
unique natural and cultural resources of Torres del Paine. Our funding SUPPOrted the conservation and
.restoration.of.the national park. including the.buildin8.of new trails and.the reconstrurtion.of.existing.trails.to
help reduce soil erosion and minimise the effect of rainfall. The creation of well-designed routes in the park
will also help prevent biodiverslty loss and reduce any negative impacts of tOUfiSm while contrlbuting to the
economic well-being of local communities.b.y promoting responsible tourism that respects.natural resources.
.Amount Eranted.in.2024'. £4,748.
.P.age.4

THE LATA FOUNDATION
TRUSTEES, ANNUAL REPORT
ec
Partners for 2025
In 2025 will continue to work on aligning our projects with the areas of interest of our principal donors in the
travel Industry and have so far agreed support for the following projects:
-El Rio Foundation- Colombia
-Picaflor House- Peru
-Pro Eco Azuero- Panama
-community Baboon Sanctuary Women'5 Conservation Group - Bellze
FUNDRAISING
In 2024 we received corporate donations from key partners in the travel and hospitality industries including
Journey Latin America. Senderos, Las Iguanas, Last Frontiers. Audley Travel, Rainbow Tours and Sunvil. We also
benefited from the opportunity to fundraise at LATA Expo and from the support of Indlvidual donors, Includin8
long-standing regular donors, to whom we are very grateful.
FINANCIAL REVIEW
YEAR END FINANCIAL POSITION
Ourin8 the year we recorded a surplus on Unrestricted Funds of £33,368 leavin8 a balance at the year-enLI of
£104,140 and a defiat on Restricted Funds of £231 leaving a balance at the year-end of £897. At the end of the
year, we had sufficient funds in hand to meet all of our agreed grant commitments and to plan support for our
2025 project partners.
RESERVES POLICY
We currently aim to maintain a rninimum reserve level of £35,000. Thls will allow us to continue providing
on8oin8 SUPPOrt to existing project partners in the event that we fail to raise sufficient additional fund5. The
policy Is reviewed annually.
Page 5

THE LATA FOUNDATION
TRUSTEES, ANNUAL REPORT
STATEMENT OF TRUSTEES'/DIREcfoRS' RESPONSIBILITIES
The dlrectors are responsible for preparlngthe Annual report and flnancial statements in accordance with
applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. The financia
statements are requlred by law to glve a true and fair view of the state of affairs of the Company and of the
profit or loss of the Company for that period. In preparin8 these financial statements, the directors are
requlred to:
-select suitable accounting polioes and then appty them consistently:
-make Judgements and estlmates that are reasonable and prudent:
-follow applicable accounting standards;
-prepare the financial statements on the going concern basls Unle￿ It Is inappropriate to presume that the
Company will continue in business.
The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the Company and enable them to eThsU￿ that the financial statements comply
wlth the Companie5 Act 2006. They are responslble foT safeguarding the assets of the Company and hence for
taking reasonable steps for the prevention and detertion of fraud and other irregularities.
The report of the directors has been prepared in accordance with the provisions of Financial Reportin8
Standard 102 Section IA relating to small entities. with the special provisions of Part 15 of the Companies Act
2006 relating to small cornpanies and in accordance with Accounting and Reporting by Charities: Statement of
Recommended Pract5ce applicable to charities preparlng their accounts sn accordance with FR5102- Charltles
SORP IFRS1021.
This report was approved bythe board 8 September 2025 and signed on its behalf.
R Brass
Director
Page 6

THE LATA FOUNDATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the company for the year ended 31 December 2024, which are set out on pages 8-
ii.
Res
ective res
nsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of company law} are
responsible for the preparation of the accounts. The charitrfs trustees consider that an audit is not required for
this year under 5ertion 144 {2) of the Charitie5 Art 2011 (the 2011 Act) and that an independent examinationls
needed.
Having satisfied myself that the charty is not subject to audit under company law and is e1￿ible for
independent examination. it is my responsibility to:
examlne the accounts under sectlon 145 of the 2011 Ac¢
follow the procedures laid down in the general Directions given by the Charity Commission (under section
14515llb) of the 2011 Act, and
State whether particular matters have come to my attentlon.
Basis of o
inion
My examination was carried out in actordance wlth General Directions 8iven by the Charity Commlssion. An
examinatlon Includes a revlew of the accounting records kept by the charity and a comparison of the accounts
presented wlth those records. It also Includes conslderation of any unusual Items or dSsclosures In the
accounts, and seeking explanations from the trustees concerning any such matters. The procedures
undertaken do not provide all the eVIden￿ that would be required In an audit, and consequently no opinion 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.
Ind
end nt examiner's statem
In connection with my examination, no matter has come to my attentlon:
l. which gives me reasonable cause to believe that. in any material respect. the requirements:
to keep accountSn8 records In accordance wlth sectlon 386 of the Companies Act 2(K16 and,
to prepare accounts which accord with the accounting records and comply wlth the accountln8
requirements of section 396 of the Companies Act 2006 and with the methods and principals of the
Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
2. to which, In my opinion, attentlon should be drawn In order to enable a proper understandlng of the
acc
ts
reached.
Micha
C. Sparrow
For and on behalf of,
Fisher Philllps LLP
Summlt House
170 Finchley Road
London NW3 6BP
Date: 8 September 2025
Page 7

THE LATA FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING THE INCOME & EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted
Funds
Restrirted
Funds
Total Funds
3111212024
Total Funds
3111212023
INCOME FROM:
-Donations
-Income from fundraising events
-Bank Interest
TOTAL INCOME
56,049
3,750
59.799
53,348
3.127
59.176
3.161
62,960
1,546
35,426
3.784
EXPENDITURE ON:
-Charltable grants
-cost of fundraSsing events
-Bank. fundraising & sundry charges
TOTAL EXPENDrruRE
24.637
4,000
28,637
39,897
1.171
419
40.876
4.015
29023
INCOME
33,368
-231
33,137
14,578
RECONCILIATION OF
FUNDS:
Total funds brought forward
Total funds carrled forward
70,772
104,140
1.128
71,900
105,037
57.322
71,900
All recognised gains and losses are reflected throu8h the statement of financlal activitles.
The notes on pa8es 10 to 11 form part of these accounts.
Page 8

THE LATA FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
CURRENT ASSETS
Debtors
Cash at bank and in hand
456
104.581
105,037
901
70,999
71,900
CREDrroRS
Amounts fallin8 due wlthin one year
NET CURRENT ASSErs
105.037
71,900
CREDffORS
Amounts falling due after more than one year
NET
ASSETS
105.037
71,900
NET ASSETS REPRESENTED BY
Unrestricted funds
Restricted funds
104,UO
897
70,772
1,128
71,900
105.037
(a) For the year endln8 31 Oecember 2024 the company was entitled to exemption from audit under sertion
477 of the Companies Act 2006 relating to small companles.
{b) The members have not required the company to obtain an audit of its accounts for the year In question in
accordance with section 476.
{cl The directors acknowledge thelr responsibblity for complylng with the requlrements of the Act wlth respect
to accounting records and the preparation of accounts.
(d) These accounts have been prepared in accordance with the provisions applicable to companie5 subject to
the small companles, regime.
The flnancial statements were approved by the board on 8 September 2025 and signed on Its behalf.
R Brass
Dlrector
The note5 on page5 10 to 11 form part of these accounts.
Page 9

THE LATA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
I.ACCOUNTING POLICIES
Basis of Pre
aration of accounts
The accounts have been prepared in accordance wlth Financial Reporting Standard 102 Section IA relating to
small entlties, in accordance wlth Accounting and Reporting by Charities: Statement of Recommended Practl
applicable to charities preparing their accounts in accordance with FRS102- Charities SORP (FRS102)' and with
the Companies Act 2006. They have been prepared under the historical cost convention, include no material
uncertainties and have been prepared on a going concern basis.
Cash Flow Statement
The financial statements do not include a Gish flow statement because the company, as a small reporting
entlty, Is exempt from the requlrement to prepare such a statement under Sectlon IA of Flnanclal Reportln8
Standard 102.
Incom
All incoming resources are included in the Statement of Financial Activitie5 when the charity is legally entltled
to the income and thè arnount can be quantified with reasonable accuracy.
Fun
Ac
ountin
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general
objectSves of the charlty. Restricted funds are funds which are to be used in accordance with speclfic
restrictions imposed by donors.
so
rces Ex
ende
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 funds.
-8ank, fundraising & sundry costs represent bank payment charEes, expenses incurred from the use of the Just
Giving and other donation platforms and any sundry admlnlstratlon expendlture.
2.TAK4TION
The or8anisation is exempt from income tsx by reason of its charitable status.
3.DIREcfoRS' REMUNERATION AND EXPENSES
No remuneration directly or indirectly out of the funds of the charity was pald durfng the perlod to any trustee
or to any persons known to be connected with them. There were no employee5 of the charity during the year.
4.SHARE CAPITAL
The company is limlted by guarantee and has no share capital. All members have a8reed to contribute a sum
not exceeding £1 in the event of winding up.
5.RELATED PARTY TRANSACTIONS
A donation without conditions totalling £347 was received during the year from the Latin American Travel
Association. There were no transactions with related parties during the year that require further disclosure.
Page 10

THE LATA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
6. OEBTORS
2024
2023
Pledged Donations
Gift Aid due
419
456
901
7. SUMMARY OF MOVEMENT OF RESTRicfED FUND5
Fund Balances
Brought
Forward
Fund Balances
Carrled
Forward
Income
Expenditure
Funds for:
Projeto Vldanpr- Brazll
1,128
1,128
3,784
3,784
4,015
4,015
897
897
Pro
eto V5dan
ar: Donatlons wlth restrSctions for Projeto VldanGar In Brazll allow for the use of the funds for
any purpose in pursult of the project's objectives, Including general running costs.
.GRANTS 8Y COUNTRY
Grants made to institutions in or operating in:
2024
2023
Bolivia
Brazil
Chile
Colombla
Costa RSca
Ecuador
Mexlco
Nicaragua
Panama
Peru
Venezuela
2.000
4.000
4.748
5.140
4.109
4,000
4,000
4,580
4,783
4.000
4,047
7,107
4,255
125
3,000
39,897
2.000
5,140
1.5(KJ
28.637
Page 11