Area 43
Registered charity 1181959 · accounts filings on the Charity Commission register · also known as CARDIGAN YOUTH PROJECT
To promote the benefit of the young inhabitants of Cardigan and the surrounding area predominately aged 16-25 years without distinction of gender, sexual orientation, race or political, religious or other opinions by the provision of facilities to advance education and provide facilities in the interests of health and social welfare, counselling and advice, recreation and leisure time activities.
Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity maintained a stable financial position with total funds increasing to £1,570,615, supported by a diversified income model including grants and contracts. The trustees confirm that reserves of £450,000 remain within the acceptable range of their policy to cover three months of core expenditure. The independent auditors issued a qualified opinion due to a limitation of scope regarding opening balances but found no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Accounts audited by Ashmole and Co.. Discloses 4 of 6 completeness components.
Leadership, per the charity’s website
- Rachael Eagles — Chief Executive Officer (source)
- Ryan Davies — Deputy Chief Executive Officer (source)
- Rachel Troup — Chair (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- National Lottery Community Fund — “Funded by the National Lottery Community Funds’ Mind Our Future Programme until 2028, Dyfodol Ni has found new ways of combating young peopl…” (source page)
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£16k
Reported reserves equal ~11.3 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.9% of total income — below the median for charities its size (5.2%) (benchmarks).
Register events
- Received assets from another charity (06/11/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Alastair Wakely
- Anne Elaine Evans
- Jane Kelsall
- Kiani Francis
- Mark Taylor
- Megan Rooker
- Rachel Troup
- Sophie Lewis
Trustee list from the Charity Commission register (current, not historical).
Operates in: Carmarthenshire · Ceredigion · Pembrokeshire
Income and spending
Common questions
Is Area 43 financially healthy?
Per its FY2025 accounts: The accounts state that the charity maintained a stable financial position with total funds increasing to £1,570,615, supported by a diversified income model including grants and contracts. The trustees confirm that reserves of £450,000 remain within the acceptable range of their policy to cover three months of core expenditure. The independent auditors issued a qualified opinion due to a limitation of scope regarding opening balances but found no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Ashmole and Co..
Who funds Area 43?
Funders whose own accounts filings name Area 43 as a grant recipient include THE ORR MACKINTOSH FOUNDATION LIMITED.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with FOR CHILDREN & YOUNG PEOPLE.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.