UHY have significant care home and nursing home clients and can provide a comprehensive level of financial services.
The financial services cover:
- accounts preparation
- audit of statutory accounts
- support with bookkeeping
- management accounts
- payroll services
- cash flow management, this is particularly important with the delayed transfer of Care and Funding
- detailed cost analysis of profitability of care home reviewing the following:
- staff costs
- care home running costs
- provisions and client services
UHY also supports the purchase and disposal of care homes and nursing homes, including the tax implications.
The next steps
If you would like to discuss the accounting and support services we can provide in more detail, please contact our accountants in our Birmingham office.