IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Company limited by guarantee

Company Registration Number:
14334868 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Additional information

Statement of directors' responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give 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 preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

Malcolm Henry Boorer
Carlos Ibarra Rivadeneira
Nicholas Alexander Jones
Dr Patricia Emma Helena Jones
Peter Kenneth Jones


The director shown below has held office during the period of
1 October 2023 to 8 April 2024

Ruth Elizabeth Davies


The director shown below has held office during the period of
8 April 2024 to 30 September 2024

Jorge Antonio Aguilar Alvarado


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
17 June 2025

And signed on behalf of the board by:
Name: Dr Patricia Emma Helena Jones
Status: Director

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 13 months to 30 September 2023


£

£
Turnover: 42,299 48,631
Cost of sales: ( 39,043 ) ( 46,817 )
Gross profit(or loss): 3,256 1,814
Administrative expenses: ( 3,256 ) ( 1,814 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Balance sheet

As at 30 September 2024

Notes 2024 13 months to 30 September 2023


£

£
Current assets
Cash at bank and in hand: 6,102 6,686
Total current assets: 6,102 6,686
Creditors: amounts falling due within one year: 3 ( 6,102 ) ( 6,686 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 June 2025
and signed on behalf of the board by:

Name: Dr Patricia Emma Helena Jones
Status: Director

The notes form part of these financial statements

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 13 months to 30 September 2023
    Average number of employees during the period 0 0

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

2024 13 months to 30 September 2023
£ £
Trade creditors 5,059 4,138
Accruals and deferred income 1,043 2,548
Total 6,102 6,686

COMMUNITY INTEREST ANNUAL REPORT

IBERIANS & LATIN AMERICANS IN WALES ILA-WALES CIC

Company Number: 14334868 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

During the financial year ending on 30 September 2024, ILA-WALES CIC engaged in various Projects that benefited our members and the community in a variety of ways, as follows: 1. Wellbeing Project (funded by Swansea Bay University Health Board and West Glamorgan Partnership). Project Manager: ILA-WALES CIC Director Patricia EH Jones. 155 community members attended 10 different therapies, which included: - Play Therapy for Children (led by former ILA-WALES CIC Director, Ruth Abreu de Ibarra) - Reflective Practice for Couples (led by ILA-WALES CIC member, Jonathan Melendez) - Group Self-Awareness Workshops (led by ILA-WALES CIC Director, Carlos Ibarra) - Group TaiChi (led by Suzanne Chung from the Chinese in Wales Association) - Group Auricular Acupuncture (led by ILA-WALES Director, Ruth Davies) - Reflexology for individuals (led by ILA-WALES CIC member, Jacquelyn Haley) - Counselling for individuals (led by ILA-WALES CIC member, Pamela Verdugo) - Alexander Technique for individuals (led by ILA-WALES CIC member, Philippa Castell) - Motivational Coaching for individuals (led by ILA-WALES CIC member, Sandra Lopez) - Chiropractic Therapy for individuals (led by ILA-WALES CIC member, Armando Monterrosa) The emphasis of all therapies was self-help to make our members more resilient and to learn to look after themselves better in the pursue of wellbeing and inner peace. Also, as part of this Wellbeing Project, we trained 35 interpreters from 14 different languages to work with Counsellors, and 10 Counsellors to work with Interpreters. The aim was to enable both groups of professionals to understand better each other’s protocols and expectations, so that they could work together more successfully, focusing on the needs of the patient as paramount. The Trainer was Beverly Costa. 2. Heritage Dance Project (funded by Welsh Government, administered by Diverse Cymru). Facilitated by ILA-WALES CIC Directors Ruth Davies & Patricia EH Jones. 20 dancers rehearsed 10 different Ibero-Latin American heritage dances and performed in five different events, including our own Ibero-Latin American Festival in March 2024; Dance Days in June; Refugee & Volunteering Week in June and Heritage Celebrations in September 2024. Altogether, more than 250 people in total watched the IberoLatinXpression Heritage Dance Group performances across these different events. This Project increased employability as well as the self-confidence of the Dance Group members, together with their mental and physical health. 3. During our March 2024 Festival, we also shared with 45 people a Poetry Recital with the participation of Menna Elfyn and talks by various ILA-WALES CIC Directors, for instance, Peter K Jones on the “Contribution of the Amazon to Biodiversity & Climate Change”; ILA=WALES CIC Director Malcolm Boorer on “Japanese-Brazilian Heritage.” Also, a talk by Fabio Lewis of the Welsh-Patagonia Society on “Welsh-Patagonian Heritage.” 4. Reflective Practice for Interpreters (funded by The Austin Bailey Foundation). Eight interpreters attended each session (7 sessions = 56 in total). Interpreters benefited from an opportunity to share each other’s experiences that had left them feeling anxious or stressed after an interpreting assignment. By doing so, they were able to find ways of dealing with their vicarious trauma, given that other fellow interpreters listened and then shared their own relevant experiences, which helped. They discussed ethical issues that affect their profession too, thus clarifying matters. Moreover, in April and June 2024, the Facilitators invited a Counsellor and an Acupuncturist: the former spoke about techniques to overcome insomnia, and the latter spoke about acupressure points to relieve stress. Both talks were very well received because their practical advice was very helpful. The sessions were facilitated by qualified and trained Interpreter-Facilitators: Mrs Cornelia Protopopescu (Romanian<>English); ILA-WALES CIC Director of Heritage & Communication, Dr Patricia EH Jones (Spanish<>English), with the participation of Director of Membership, Mr Nick A Jones (English<>French; English<>Portuguese). 5. Creative Art Workshops for Children and Adults (in coproduction with the Glynn Vivian Art Gallery). Once a month, around 20 adults and 12 children participated in these creative art workshops, where they learned various techniques and practised portrait-making, clay-moulding, mask-making and more. They used recycled materials to create sea creatures etc. and really enjoyed the sessions. The Workshops were led by accomplished artists Patricia McKenna and Ana Quijano (Adults) and Ruth Abreu and Vivian Guardado (Children). 6. Community Garden (in coproduction with the Nature Conservation Team at Swansea Council). Twenty families participated in various bilingual (English>Spanish) gardening workshops, led by ILA-WALES CIC’s Director of Sustainability, Mr Peter K Jones, and Mr Nick A Jones, ILA-WALES CIC Director of Membership, acting as interpreter facilitator. Moreover, around 100 bulbs were planted all around Sketty Community Centre and a tree was also planted in front of the car park.

Consultation with stakeholders

Apart from our Directors, our main stakeholders are our members. By the end of September 2024, there were 212 members (including 45 children). These members came from 18 different nationalities, and they were consulted in various ways, as follows: 1. Wellbeing Project: via written surveys and video testimonials. As a result of the consultations, we stopped Alexander Technique and introduced Chiropractic Therapy instead. The surveys and testimonials revealed a great deal of satisfaction with the Project. Each therapist also received feedback at the end of their six sessions, and we included everything in the quarterly reports, which we completed for Swansea Bay University Health Board and West Glamorgan Partnership. 2. Heritage Dance Project: via individual interviews, carried out by a researcher commissioned by Welsh Government to review the impact of the Culture Grants administered by Diverse Cymru. The interviews revealed a high level of enthusiasm for the Project and a great deal of satisfaction with how the Project had been facilitated. One of the dancers stated that she would like a creche to be put in place alongside the dance rehearsals. This will be implemented once we have a new sponsor for this Project (currently awaiting the outcome of a grant application). 3. Reflective Practice for Interpreters: These were confidential sessions, where the participants shared difficult experiences and ethical issues affecting their profession. We collected voluntary individual testimonials. The few that replied were positive and had found the sessions very useful. One comment from one of the participants was to request that the “sharer” was not questioned at the end of their story. Consequently, in the last two sessions, the Facilitators asked the “sharer” if s/he wanted any questions from the rest of the group. In this way, we were able to assess what they wanted and act accordingly. One very positive effect of our Reflective Practice for Interpreters sessions was that other organisations have also begun to follow our lead and provide Reflective Practice sessions for their interpreters. Moreover, one of the Facilitators, Dr Patricia EH Jones, was invited by the Institute of Translators and Interpreters (ITI) to speak on Reflective Practice for Interpreters at their national Conference; the other Facilitator, Mrs Cornelia Protopopescu, is now leading Reflective Practice sessions for Interpreters for professionals, contracted by Welsh Interpreting Services. This quote was published on the funder’s website: Quote: “As one of the two Facilitators of the Reflective Practice sessions, funded by ABF, I have been able to witness the value of these sessions. It has been a wonderful opportunity for all of us to share our experiences with like-minded professionals. In this confidential and safe space, we have listened to each other, learned from each other and supported each other. We have grown together in a journey that encourages self-help and peer support.” Dr Patricia EH Jones, ILA-WALES CIC Director of Heritage & Communication, T&I, PhD, Chartered Linguist. 4. Creative Art Workshops: Several items created by the children and adult participants were selected for an Exhibition held at the Glynn Vivian Art Gallery in December 2024. The children, in particular, were thrilled at the idea of seeing their work on display. We are waiting for the Gallery to obtain further funding to be able to continue coproducing these Workshops with them, as they are very popular and sought-after by many members.

Directors' remuneration

All our Directors are volunteers. We receive no salaries. Some Directors received small fees as a result of lending their professional services related to a particular Project. Some have served as Project Managers, others as Facilitators, others as therapists, others as interpreters. All these fees have been declared in the individual Project accounts audited by each Project funder, who have seen all the invoices and detailed monthly accounts made by ILA-WALES CIC’s Director of Finances, Mr Jorge Aguilar. Our Accountant also received from our new Treasurer, Mr Tim Zhou, the detailed month-by-month accounts that he prepared to cover the relevant period; they have been included in the accounts under Cost of Sales >Other direct costs

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 June 2025

And signed on behalf of the board by:
Name: Patricia Emma Helena Jones
Status: Director