Opus Care Holdings Limited

Business Review Opus Care Limited is a leading care home business in the UK, dedicated to providing high-quality residential care services for elderly individuals. Our care homes offer a comfortable and safe environment, personalised care plans, and a range of amenities to ensure the well-being and happiness of our residents. With all four floors now fully open at our newest state of the art 110 bed care home, occupancy rates have again increased since the prior year which is directly reflected in the increase in turnover for the year. Our existing home remains profitable with strong occupancy rates. The specialised dementia care wing has diversified the offering we can make in supporting our residents. We are committed to providing a high level of care to our residents and the most recent Care Quality Commission reports confirm that we are meeting our responsibilities and obligations to residents. Following a review of the Group's available opportunities and related risks, some of the Group's assets were restructured around the group. These are presented in Opus Care Investments Limited and Opus Care Developments Limited. Key Performance Indicators Turnover for the year £13,818,518 (2024: £11,872,620). Profit/(loss) before tax for the year £2,997,687 (2024: £2,352,667). Future Plans Our mission is to enhance the quality of life for our residents by providing exceptional care, promoting independence, and fostering a warm and inclusive community within our care homes. We aim to be recognised as the care home of choice in the local area and beyond, setting the benchmark for excellence in elderly care and becoming a trusted partner for families seeking compassionate and professional support. Work continues to attract new residents to reach capacity at our new care home. The company has the full support of our director and bankers. We continuously improve the quality of care by investing in training and development programs for staff. Financial Risk Management Objectives and Policies Risks associated with regulatory compliance, reputation, and operational challenges are regularly assessed and managed. We maintain robust governance and compliance frameworks to ensure adherence to industry standards. We continuously monitor and respond to changes in legislation and government regulations. The Group has considered the risks of credit, interest, cashflow and pricing and their potential impact on the business. The director of the Group believes that the appropriate controls and procedures are in place to manage these risks so they do not have a significant impact on the business.