Kentish Express Ashford & District
Chief of job-aid charity facing deficit problem
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A charity which helps young people get back into work has appointed a new chief executive tasked with turning around a deficit of nearly £335,000 last year.
Pauline Smith will take charge of CXK from interim boss Matthew Roberts in February, after the organisation advertised the position in August with an annual salary of £95,000.
She joins from Jewish charity Norwood, which supports vulnerable young people and adults, having been director of services there since January 2013.
Her appointment comes as newly-filed accounts show Ashford-based CXK more than trebled its deficit in the year to the end of March 2016.
It revised down its net losses in the previous year from £121,000 to £73,000.
The latest deficit includes a one-off payment to clear it of a defined pension scheme which increased its shortfall in 2015 by £266,000 to £339,000.
Without the one-off payment to rid it of the scheme – thought to be in the region of £452,000 – the charity would have made a surplus of £118,000 for 2016.
CXK, which also has offices in Dartford and Whitstable, calculated that 42,660 young people benefited from its services last year. This was nearly double the 21,981 it helped over the previous 12 months.
Of these, it helped 2,075 into education, employment or training through its training and mentoring programmes.
The charity, which employs about 170 people, worked with 9,000 pupils at 60 schools in Kent, delivering 17,618 events, interviews and assemblies.
It boosted its income by 55% to £11.6 million, primarily due to two new contracts awarded by the National Citizen Service Trust and Skills Funding Agency.
As part of the National Citizen Service programme it worked with 615 young people, while its National Careers Service work gave careers advice to 15,946 adults and another 6,800 in custody.
It said contracted services with Kent County Council “continued to have a high demand but with less available funding”.