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

CRACs aim is to encourage and support career learning and active career development at all ages. We provide inspiration, intelligence and innovation to all those who support career development. CRAC works in partnership with educators, employers and others, sharing knowledge and developing programmes and activities to help people make informed career decisions and manage their careers positively.

Causes: General Charitable Purposes · Education/training · website · Get email alerts

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

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” — 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.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Leadership, per the charity’s website

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).

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).

Per its annual return, largest income source: Charitable activities (86% 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: 1.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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?

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. 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.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government13/02/2023£80kSustainable Careers for Researcher Empowerment
UK government14/10/2022£55kOPUS - Open Universal Science

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 COVENTRY RAPE AND SEXUAL ABUSE CENTRE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CAREERS RESEARCH AND ADVISORY CENTRE (C R A C ) LIMITED£1.4m£110,001 - £120,000—above—no doubt
COVENTRY RAPE AND SEXUAL ABUSE CENTRE FY2025£1.2m£60,001 - £70,0001unclear—no doubt
CONSTRUCTION INDUSTRY RELIEF, ASSISTANCE AND SUPPORT FOR THE HOMELESS AND HOSPICES LIMITED FY2025£1.5m£70,001 - £80,0001above—no doubt
EUROPEAN ASSOCIATION FOR CANCER RESEARCH FY2025£2.9m£90,001 - £100,000—above—no doubt
NACRO FY2025£90.3m——within—no doubt
CROHN'S IN CHILDHOOD RESEARCH ASSOCIATION FY2024£338k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.