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THE CAREERS RESEARCH AND ADVISORY CENTRE (C R A C ) LIMITED

Registered charity 313164 · accounts filings on the Charity Commission register · also known as C R A C

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Latest income
£1.4m
Latest spending
£2.4m
Registered
1965
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased significantly to £620,000 due to a £778,000 exceptional cost for securing an insurance buy-in for a defined benefit pension scheme. Despite this reduction, the charity's reserves policy target of four months of expenditure (approx. £500,000) was comfortably met, and the trustees confirmed adequate resources for going concern.

What the accounts disclose

Highest-paid employee band: £110,001 - £120,000 — in the top quarter for charities its size (median £78k)
“In the band £110,001 - £120,000” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: four months of charitable expenditure which roughly equates to £500,000 (held: £620k)
“the Trustees' ‘reserves policy’ is to have sufficient cash and easily realisable investments available to cover four months of charitable expenditure which roughly equates to £500,000.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Peters Elworthy & Moore. 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
£1.4m
Total spending
£2.4m
Cost of raising funds
£15k
Reserves (reported)
£620k
Employees
18

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£1.4m£2.4m
31/03/2024£1.4m£1.5m
31/03/2023£1.3m£1.2m
31/03/2022£1.2m£1.2m
31/03/2021£1.2m£1.2m

Common questions

Is THE CAREERS RESEARCH AND ADVISORY CENTRE (C R A C ) LIMITED financially healthy?

The accounts state that unrestricted reserves decreased significantly to £620,000 due to a £778,000 exceptional cost for securing an insurance buy-in for a defined benefit pension scheme. Despite this reduction, the charity's reserves policy target of four months of expenditure (approx. £500,000) was comfortably met, and the trustees confirmed adequate resources for going concern. Its FY2025 accounts were audited by Peters Elworthy & Moore.

What does the highest-paid employee of THE CAREERS RESEARCH AND ADVISORY CENTRE (C R A C ) LIMITED earn?

Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £120,000 band.