Latln Amerfca for Chrlst Iprevlously called Cuba para Crfstol- Trustee's Annual Report
For the period ending 31 March 2024
Reference and Administration Detsils
Address..
I Curates Walk. Wilmington DA2 7BJ
Trustees:
Carl Chambers (appointed 28 January 20161
Richard John Barnardo Wallace lappointed 29 November 20231
Vanessa Jones lappointed 28 January 20161
Heather Shuk Ping Lim lappointed 31 October 20221
Rev Daniel Justin Paton Kirk lappointed 31 October 20221
Charity Registration number.. 1165339
Strurture Govemor and Management
Lan America for Christ (previously called Cuba para Cristol was re81sted as a charity on 28 january
2016, having previously been run as a branch of Latin Link, a charity with similar aims. The charity is
run by the trustees who meet on a regular basis to diKuss the work of the ch8rity in supportin8 Its
work in Cuba.
Oblectlves and Act5v5tles
Our aim is to serve the Church in Latin America. with a focus on Cuba. particularly in word ministry,
without forgethng the wider needs of the church. We continue to be a small network of people in
the UK. serving as volunteers in our spare tr'me. seeking to use the relationships we have developed
with Cuban chri5tr.ans and others to promote these ends.
As well as supporting the local church we work in three main areas:
Biblical training during the period have been workin8 Wlth Tyndale House in Cambridge to
run a languages programme (Greek and Hebrew) for Cubans and a150 wider training of Cuban
pastors by equippin8 them to teach MA modules in the seminaries in Cuba.
SuppOrn8 MOCLAM Imoore College Extension courses in Larin Americal in Cuba
The printing of materials in Cuba and provision of Christian biblical and theological resources
We continue to pray that the Lord may open the door for us to support initiatives relating to the
sending of medical items.
Achievement5 and Performan
As detailed in the last Annual Report, we found that not having a bank account wa5 a major i55ue,
though not Ithankfullyl constraint on our ministry.
As part of the due diligence proce55, we took the decision to change our name to Latin America for
Christ. We continue to have a focu5 on Cuba, but recognise that much of what we do has a wider
impart. Already we collaborate with people in several other countries, either by facilitating their
input for the Cuban church or, perhaps even MO encouragingly, thmuÉh Cubans ministering
elsewhere. A particular pint will be the teaching if Hebrew in Panama by a Cuban who has learnt
through our partnership with Tyndale House. in Cambridge.
Contact with Christians across the island continued. both formally and informally.
Two trustees and the new regional director of MOCLAM for Cuba undertook a two week. 3.OOOkm.
trip, visiting various places where MOCLAM has flourished. With the change in the model of
facilitating teaching since before COVID. this was useful and has enabled us to take decisions and
provide resources which equip people on the ground in a sustainable wav.
We note with grateful thank5 the more than fifteen years which Mark Richardson served a5 our
treasurer.
Lookln8 ahead
The trustees continue conversations as to the best way to ensure we serve the church in Cuba.
Plans were made during this financial year which saw a very fruitful visit by live Cuban
pastorlscholars to Tyndale house in the autumn of 2024. The challenges of -doing this well" are not
small.
Flnancial Review
Partly because of restricted activity, the income was very low. We continue to be thankful to some
faithful people who 5UPPOrt us regularly. Expenditure far exceeded income, but wa5 more than
covered by reserves.
Approved by the Trustees on 29" January 2025.
Carl Chambers (Chairl
## **LATIN AMERICA FOR CHRIST**
**(** previously called **CUBA PARA CRISTO)**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDING 31 MARCH 2024**
## **REGISTERED CHARITY NO: 1165339**
Page **1** of **6**
## **CUBA PARA CRISTO**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDING 31 MARCH 2024**
|**INCOME**
Donations
Interest
**TOTAL INCOMING RESOURCES**
**EXPENDITURE**
Pastoral Support
Moclam
One-off projects
Other expenditure
**TOTAL EXPENDITURE**
**NET INCOME (EXPENDITURE)**
**FUNDS BROUGHT FORWARD**
**FUNDS CARRIED FORWARD**
**AT 31 MARCH 24**|**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**£**
**£**
**£**
**£**
1,430
-
1,430
15,200
-
-
-
95|
|---|---|
||**1,430**
**-**
**1,430**
**15,295**|
||2,000
-
2,000
660
-
12,000
12,000
4,508
-
-
-
17,023
29
-
29
535|
||**2,029**
**12,000**
**14,029**
**22,726**|
||**(599)**
**(12,000)**
**(12,599)**
**(7,431)**
**14,027**
**45,314**
**59,341**
**59,591**
**13,428**
**33,314**
**46,742**
**52,160**|
Page **2** of **6**
## **CUBA PARA CRISTO**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2024**
|Cash
Debtors
Current Assets
Current Liabilities
**Net Assets**
**Represented by:**
Unrestricted funds
Restricted funds|**2024**
**£**
**2023**
**£**
46,742
59,329
-
262|
|---|---|
||46,742
59,591
-
-
**46,742**
**59,591**|
||13,428
14,277
33,314
45,314|
||**46,742**
**59,591**|
Page **3** of **6**
## **CUBA PARA CRISTO**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDING 31 MARCH 2024**
## **1 Accounting policies**
## **1.1 Basis of preparation**
The financial statements have been prepared on a going concern basis and under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note to these accounts.
Unrestricted funds are the general funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity.
The accounts include all transactions, assets and liabilities for which the charity is responsible in law.
## **1.2 Income**
All income is included in the Statement of Financial Activities when the charity is legally entitled to the income, when the amount can be quantified with reasonable accuracy and receipt is probable.
## **1.3 Expenditure**
Expenditure is recognised on an accruals basis as and when a legal or constructive obligation arises.
The charity's objects are:
- the advancement of the Christian faith particularly (but not exclusively) in Cuba;
- the advancement of education;
- and prevention or relief of poverty or financial hardship by providing grants, items and services to individuals in need and/or charities, or other organizations working to prevent or relieve poverty or financial hardships;
All grants and any expenditure are made in line with these objects and are charged to the Statement of Financial Activities in the year they are approved.
## **1.4 Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Page **4** of **6**
## **1.5 Liabilities**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **CUBA PARA CRISTO**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDING 31 MARCH 2024**
## **1 Accounting policies (continued)**
## **1.6 Accumulated funds**
Restricted funds are funds subject to specific trusts, which may be declared by their donors, or with the authority such as in a public appeal, or created through legal process, but still within the wider objects of the charity. Restricted funds may be restricted income funds, which are expendable at the discretion of the Managing Trustees in furtherance of particular aspects of the objects of the charity.
## 2. **Movement in Funds**
|Free Reserves
Restricted Funds
Moclam
Languages
Other
Total Restricted Funds
**Total Funds**|**Balance at**
**31 March**
**2023**
**14,027**
**43,593**
**1,721**
**-**
**45.314**
**59,341**|**Incoming**
**Resources**
**£**
**1,430**
**-**
**-**
**-**
**-**
**1,430**|**Resources**
**Expended**
**£**
**(2,029)**
**(12,000)**
**-**
**-**
**(12,000)**
**(14,029)**|**Balance at**
**31 March**
**2024**
**£**
**13,427**
**31,593**
**1,721**
**-**|
|---|---|---|---|---|
|||||**33.314**|
|||||**46,742**|
## **3. Related party transactions**
Trustees were reimbursed £0 (2022: £0) for expenses relating to their work as trustees.
Page **5** of **6**
## **4. Prior year Statement of Financial Activities**
|**INCOME**
Donations
Interest
**TOTAL INCOMING RESOURCES**
**EXPENDITURE**
Pastoral Support
Moclam
Languages project
One-off projects
Other expenditure
**TOTAL EXPENDITURE**
**NET INCOME (EXPENDITURE)**
**FUNDS BROUGHT FORWARD**
**FUNDS CARRIED FORWARD**
**AT 31 MARCH 2022**|**2023**
**2022**
**Unrestricted**
**Restricted**
**Total**
**Total**
**£**
**£**
**£**
**£**
2,390
12,810
15,200
57,831
95
-
95
6|
|---|---|
||**2,485**
**12,810**
**15,295**
**57,837**|
||160
500
660
823
-
4,508
4,508
525
1,879
15,144
17,023
58,849
195
340
535
584|
||**2,234**
**20,492**
**22,726**
**60,781**|
||**251**
**(7.682)**
**(7,431)**
**(3,394)**
**14,026**
**52,996**
**67,022**
**70,416**
**14,027**
**45,314**
**59,591**
**67,022**
**2,390**
**12,810**
**15,200**
**57,831**|
Page **6** of **6**