What is the financial size of Area 43?

Area 43 is classified as a large charity. In the latest financial year, they reported a total income of £1,200,799 and total expenditure of £1,165,682.

How does Area 43 allocate its spending?

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.8%).

What is the workforce structure of Area 43?

Area 43 employs 34 staff members and is supported by 12 volunteers.

Does Area 43 receive government funding?

Yes. Approximately 63.6% of their income comes from government grants or contracts.

Does Area 43 pay its trustees?

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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Area 43

#1181959

CIO•Large•Registered

www.area43.co.uk

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.

Registered address

Depot, 35 Pendre, CARDIGAN, Ceredigion, SA43 1JS

Latest HighlightsFY 2024

Income

All sources

£1,200,799

Expenditure

All activities

£1,165,682

Net Reserves

Unrestricted funds

£1,095,438

Total Assets

Gross assets

£1,699,630

Working Capital

Liquidity

£-205,637

Benchmark Performance

Comparing against 8,683 similar large charities

Compare vs:

Reserve Runway

11.3 months

Median: 3.8 monthsTop quartile

Income Growth (1yr)

24.7%

Median: 7.4%Top quartile

Spending Efficiency

100.0%

Median: 97.8%Around typical

Income Concentration

133.6%

Median: 87.9%Below typical

Fundraising ROI

N/A

Median: 19.2xUnknown

Income Volatility

346.3%

Median: 20.6%Below typical

Self-Generated Income

98.6%

Median: 82.9%Top quartile

3-Year Income CAGR

101.0%

Median: 7.8%Top quartile

Efficiency & Health

Charitable Spending

100%

Fundraising Eff.

% income retained

N/A

Governance Cost

% of expenditure

0.1%

Grant Making

% given away

Debt Ratio

% of assets

17.3%

Survival Ratio

Months of reserves

11.3 months

Income Profile

Donations & Legacies

% of income

0.1%

Government Reliance

% of income

63.6%

Largest Source

Primary income

Charitable Activities

Diversification

HHI: 13356

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

24.7%↑

Income CAGR (3yr)

Compound growth

101.0%

Volatility

High Volatility

346.3%

Reserves Trend

Direction

Stable

Governance

Employees

Staff count

Volunteers

Volunteer count

Volunteer Ratio

Per staff member

0.4:1

Revenue/Employee

Per head

£35,318

Trustee Benefits

Payments to trustees

High Earners

Earning over £60k

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure

Income Sources

Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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