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Opening a Children’s Care Home? Here’s How We Help You Build a Strong Financial Foundation

Running a children’s care home isn’t just about compliance — it’s about creating a safe and nurturing environment that changes lives.
But behind every great home is a solid business foundation. That’s where we come in.

At Fairfax Tax& Accounts, we specialise in accounting for children’s care homes supporting entrepreneurs and care providers from the very first step — business planning, funding, and registration — through to payroll, tax, and long-term growth. We work with major children care home provider in Midlands.

We work closely with experienced care sector consultants who guide you through the Ofsted registration process, business setup, and operational compliance, ensuring your home is ready to open with confidence.

And because finding the right people is crucial, we also collaborate with a recruitment company specialising in children’s care homes, connecting you with qualified staff and registered managers who share your vision for quality care.

Turning Compassion into a Compliant Business

Opening a children’s home comes with a long list of responsibilities — safeguarding, standards, HR policies, Ofsted inspections, and financial reporting requirements.
Our role is to make sure the financial side is handled smoothly, accurately and strategically so you can focus on care delivery.

Here’s how we help:

1.Bookkeeping and Financial Clarity

We keep your records accurate and compliant, tracking every aspect of your income, staffing and operational costs — giving you a clear view of your care home’s performance.

2. Payroll Management for Care Homes

From shift allowances to pensions and statutory payments, our team manages complex care home payrolls so your staff are always paid correctly and on time.

3. Financial Statements and Reporting

We prepare professional, compliant financial statements tailored to the care sector —ideal for Ofsted reviews, funding applications, or investors.

4. Tax Planning and Compliance

Our tax specialists help you structure your business efficiently, plan for corporation tax and VAT, and claim all allowable deductions and reliefs available to care providers.

Why Choose Fairfax Tax & Accounts

We’re more than accountants — we’re partners in your journey to build a sustainable high-quality children’s care home.
Our combined experience with care sector consultants and recruitment specialists means you’ll have complete guidance from setup to success.

Together, we’ve helped care providers across the UK:

• Launch new Ofsted-registered children’s homes
• Recruit skilled, caring staff
• Manage cash flow and profit margins
• Build financially sound, scalable care businesses
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Ready to Open or Grow Your Children’s Care Home?

If you’re planning to start or expand a children’s care home, we’d love to help you turn your vision into a reality — with the right financial structure, staffing, and compliance support from day one.

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