We are a specialist care home accountancy practice based in the City of London, with over two decades of experience. We carefully select our clients, as we like to establish a personal relationship with each of our clients. Our vast experience can benefit everyone, no matter at what level you are currently placed. Whether you are an investor at the initial stage or an already established organisation. With a team of experts specialising within the care home sector, you will be assisted and advised throughout your journey.
Challenges
Having expertise in this sector, we do understand the various kinds of challenges faced on a day to day basis within the care home sector. Challenges could be ranging from compliance of legislative changes to securing funding for further growth and expansion plans. Due to which managing accounts can be difficult whilst focusing on running and developing your care home. Another major challenge faced is, the managing and running of the payroll records on time. It can be a nightmare to ensure the staff is being paid accurately. Keeping in mind this is a staff intensive business, and can be difficult to keep track of payment due to different hourly rates and working hours. Often leading to either underpaying or overpaying staff.
Solutions
Maintaining and analysing accounts is essential for the success of your business. We can assist you with all your accounting and compliance needs, ensuring you have ample of free time to focus on developing your business. It is of utmost importance for the success of any business, that its management is provided with accurate, timely, relevant and reliable financial information. As this would help the decision makers to take correct decisions. Our experts will ensure that you won’t be thrown numbers which might be irrelevant. We will ensure you are provided with information that is key and that will help you to maximise your profitability and become industry leaders. We will also ensure your staff is being paid correctly.
We provide a vast range of services to a client, making us one of the most preferred accountants when it comes to care homes. Our services include-
- Bookkeeping
- Payroll
- Accounts
- Tax Planning
- Fund Raising
- Strategic planning and profit maximisation
- Advice on financial structures
- Advice on business strategy
- All aspects of your employee taxes and government workplace pensions
- Pre-warning of tax liabilities
- Ensuring your tax filings are always up to date
We provide our services using UK’S market leading software like Xero, Quick books, Sage, etc.
For queries, please email info@truedynamic.com or call us at +44 2077024100. We will be more than happy to assist you!