Care Homes
We understand the unique pressures and responsibilities faced by care home owners and operators.
Operating a care home involves more than just delivering exceptional care; it requires adept financial management, adherence to regulatory standards, and maintaining profitability in a highly regulated and demanding sector.
We specialise in offering bespoke accountancy and advisory services to residential care homes, nursing homes, and supported living providers throughout the UK.
With extensive experience in the industry, we understand the financial and operational challenges care providers encounter, from managing staff costs and occupancy rates to navigating funding arrangements and ensuring compliance with the Care Quality Commission (CQC) and local authorities.
Our comprehensive services include statutory accounts preparation, payroll processing, VAT returns, and tax planning. We also provide detailed management accounts and cash flow forecasting to help you sustain financial stability and plan for future growth. In a sector where margins are often tight, we assist you in understanding your cost base, monitoring profitability, and identifying opportunities for operational efficiency.
Handling the complexities of funding—whether from private payers, local authorities, or the NHS—can be time-consuming and administratively challenging. We offer support with fee reconciliation, income tracking, and ensuring all revenue streams are accurately recorded and reported.
If you are considering acquiring or selling a care home, our team can assist with due diligence, business valuations, and tax-efficient structuring. We also provide guidance on succession planning and business continuity, helping you secure the long-term future of your care home.
Our team remains informed about changes in the care sector, including the impact of National Living Wage increases, changes to employment law, and developments in funding and regulation, so you don’t have to.
Whether you manage a single home or a growing group, we offer proactive, hands-on support that extends beyond the numbers.
Contact us today to discuss how we can support your care business.