LATIN AMERICAN MINISTRIES LIMITED
LAM raise funds to assist in Brazil and Bolivia amongst the poorest children the following activities: Education/training/Medical/Dental/Disability/Aid/famine relief/arts/Culture/Religious.
Objects
1) TO ADVANCE THE CHRISTIAN RELIGION IN SOUTH AMERICA BY SUCH MEANS AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.2) TO RELIEVE POVERTY, SICKNESS AND DISTRESS AMONG CHILDREN IN NECESSITOUS CIRCUMSTANCES IN SOUTH AMERICA.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £8,493 for the year, reducing its unrestricted funds from £22,607 to £14,114. The trustees' report notes that cash reserves at year-end were £12,632, which is below the stated policy target of £15,000. The independent examiner confirmed that no matters gave cause to believe the accounts were not prepared in accordance with applicable standards.
What the accounts disclose
“The charity looks to maintain reserves of at least £15,000 which equates to 6 months charitable expenditure.” — page 5
“In the year to 31 March 2023, Mark Quinlan, acting as a missionary, received living expense support from the charity of £3,200. Mark Quinlan is a trustee of the charity.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- JAMES HIGGINS
- MR R MCC GRIFFITHS
- Mark Antony Quinlan
- Rev JOHN NOEL QUINLAN
- SANDRA ANN QUINLAN
- Vivian de Oliveira Dutra Quinlan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £62k | £70k |
| 31/03/2024 | £36k | £35k |
| 31/03/2023 | £36k | £40k |
| 31/03/2022 | £35k | £35k |
| 31/03/2021 | £30k | £25k |
Common questions
Is LATIN AMERICAN MINISTRIES LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £8,493 for the year, reducing its unrestricted funds from £22,607 to £14,114. The trustees' report notes that cash reserves at year-end were £12,632, which is below the stated policy target of £15,000. The independent examiner confirmed that no matters gave cause to believe the accounts were not prepared in accordance with applicable standards. Its FY2025 accounts were independently examined.