Care Home Accountants

Whether you’re a large or small care home, providing residential, nursing, or specialist care – in the private or public sector – we can help you develop your business.

With in-depth knowledge of the specific needs of your industry, we can work with you on all the financial aspects of running a care home. If your strategy is to grow organically or through acquisition, or if you’re preparing for sale, we’re here to help and support you, and guide you through the opportunities open to you.

We understand the concerns that are unique to your industry and can work with you to overcome obstacles and maximise on the opportunities available to you.

Nursing care industry outlook

The industry faces a variety of challenges and opportunities. Demand for nursing services is expected to increase, however, the number of beds available is anticipated to decline, which has only been exacerbated by staff shortages. Since the challenges of the covid pandemic, the care industry has begun to recover, however staffing, capacity and budget challenges persist.

Providing specialist knowledge in the care sector; covering residential homes, nursing homes, and specialist care services. Our experts work closely with clients to tailor the right advice to your needs. Providing up-to date, experienced advice, our experts provide guidance on all aspects of your business. We understand the challenges within the sector and aim to work alongside care homes to provide an extensive range of business advisory and accounting services.

The care sector will continue to thrive as the demand for care homes is always there, however the challenges regarding funding, policy, staffing etc will too remain. Whether you are looking to enter the care sector or need advice on your current business we are here to help.

Why Price Bailey are the right accountants for care homes:

• accurate annual accounts and tax returns that fulfil all your obligations
• advising on and integrating into your business the right accounting software and business systems 
• objective and practical audit and assurance
• a variety of tax consultancy services to ensure you comply with legislation 
• employment law and HR solutions that work for your practice
• outsourced payroll, management accounts, and company secretarial services 
• adaptable and tailored pension and employer services 

We also provide a comprehensive range of services to individuals including, personal tax advice, financial modelling, and investment management.  As well as our expert insight on our content hub.