Darnells acts for care homes of all types and sizes, from small learning difficulty units with supported living and enabling type contracts, through to larger registered care homes and nursing homes.

This experience places Darnells as ideal partners able to assist new owners to the market and for existing operators requiring an internal financial review. Darnells are also able to assist in identifying ways of internally cutting costs, with tax compliance and with new or different perspectives in saving taxes.

The services we can offer include:

Accountancy and Audit
Many view annual accounts and if applicable audits as a costly inconvenience, which generates no benefit to the running of their business; Darnells can ease the pain and demonstrate real benefits to your care home business.

Bookkeeping
Accurate and efficient Bookkeeping is the basis for the financial smooth running of any business. Maintaining records is vital to keep your business on course, not to mention the fact you are an unpaid tax collector for the Government, with financial penalties if you get it wrong!
Darnells take the stress away, allowing you to concentrate on running your home.

Payroll
Nowhere are the rules and regulations changing faster than in the field of PAYE. The responsibilities of employers seem to expand by the day and nothing will upset your staff more than getting their remuneration wrong! Do not worry; help is at hand from Darnells.

Management Accounts
Why not turn your bookkeeping records into something more than just your annual accounts?
Many business owners and managers claim that Management Accounts are the single biggest factor in improving the performance and profitability of their companies.
We can show you how regular Management Accounts allow you to maximise the potential of your care home.

Business Plans
This is another area where our expert assistance is increasingly called upon by clients, and providers of finance and other professionals, in fact forecasts are now regularly insisted upon by bank loan agreements.
We work closely with our clients to forecast future profit levels and cash flows of the business to ensure the correct financial decisions are taken and the adequate levels of working capital are in place to support the business going forward.
The service does not stop when forecasts are made, we continue to work with clients to monitor actual results against forecast results, investigating and advising on variances. This ensures the forecast is a fundamentally important management tool for you the owner.

Tax Planning and Business Reorganisation
This is the type of area that gets accountants really quite excited!
At Darnells we recognise the difference between tax planning and tax calculation.
Looking at your annual accounts and calculating your tax liability is necessary but offers you no benefit. Whilst the Inland Revenue may offer to calculate your tax liability for nothing there is no guarantee that they will consider all the allowances that may be due.
We can take the pain out of complex personal and capital gains tax computations and save you the time and worry of compliance work. Tax planning entails an understanding of the taxation regulations, careful review of your individual situation and proactive advice on ways to reduce your tax liability.