CXK

Registered charity 1120755 · accounts filings on the Charity Commission register · also known as CONNEXIONS PARTNERSHIP KENT AND MEDWAY LIMITED, CXK LIMITED

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Latest income
£7.5m
Latest spending
£7.4m
Registered
2007
Accounts read
FY2023

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

Highest-paid employee band: £110,001 - £120,000 — in the top quarter for charities its size (median £70k)
In the band £110,001 - £120,000 1
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: 8.7 months of operating costs (held: £6.4m)
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.
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: No income received from Highworth Grammar School where Trustee Robert Rose is a Trustee.
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
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: CXK Trading Limited, CXK Careers Limited
The Charity has incorporated the following dormant subsidiary undertakings - CXK Trading Limited and CXK Careers Limited. — page 19
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves LLP. Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£7.5m
Total spending
£7.4m
Reserves (reported)
£6.1m
Employees
143

Reported reserves equal ~9.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
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.