CXK
Financial health, per its FY2023 accounts
The accounts state that the charity reported total income of £8,589,434 and unrestricted reserves of £6,357,032, which the trustees describe as being at their highest level and providing an 'extreme sound financial footing'. The charity holds 8.7 months of operating costs in free reserves, a figure the trustees deem sufficient to manage fluctuations in funding and potential redundancy costs.
What the accounts disclose
“In the band £110,001 - £120,000 1”
“Based on this approach, CXK is happy the level of reserves is sufficient, with 8.7 months of operating costs (2022: 10.3 months) set aside.”
“R Rose is a Trustee at Highworth Grammar School and a Trustee of CXK. No income was received during the year from Highworth Grammar School in relation to careers guidance and counselling provided to the school (2022 - £10,320).” — page 49
“The Charity has incorporated the following dormant subsidiary undertakings - CXK Trading Limited and CXK Careers Limited.” — page 19
Funders the charity credits
- The National Lottery Community Fund
- European Social Fund
- Kent Community Foundation
- Port of Dover
- Education and Skills Funding Agency
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (24/05/2022)
- Received assets from another charity (15/06/2016)
Trustees
- Charlotte Marie Walshechair
- Alexander Graeme Dykes
- Anthony Hackney
- Dominic John Hilleard
- GRAHAM BRISCOE
- Joanna Pamela Boraston
- KELLY AMBER FREEMAN
- Pamela Elizabeth Watts
- Paul Madden
- Pauline Smith
- Peter John O'Brien
- Robert Rose
- William Vernon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £7.5m | £7.4m |
| 31/03/2024 | £7.0m | £7.3m |
| 31/03/2023 | £8.6m | £8.2m |
| 31/03/2022 | £7.0m | £6.6m |
| 31/03/2021 | £7.6m | £7.2m |
Common questions
Is CXK financially healthy?
The accounts state that the charity reported total income of £8,589,434 and unrestricted reserves of £6,357,032, which the trustees describe as being at their highest level and providing an 'extreme sound financial footing'. The charity holds 8.7 months of operating costs in free reserves, a figure the trustees deem sufficient to manage fluctuations in funding and potential redundancy costs. Its FY2023 accounts were audited by Kreston Reeves LLP.
What does the highest-paid employee of CXK earn?
Per its FY2023 accounts, the highest-paid employee was in the £110,001 - £120,000 band.