VCare Consultancy Services Ltd

Financial Improvement Summary Statement

VCare Consultancy Services Limited has experienced significant and sustainable organisational growth since its earlier submission to the South Gloucestershire Council Care and Support in Your Home Pseudo DPS.

The organisation’s turnover has increased from approximately £1.22 million for the year ending 31 August 2024 to approximately £2.57 million for the year ending 31 August 2025, demonstrating substantial growth in operational activity, service delivery capacity and market sustainability. Alongside this growth, the organisation has maintained positive profitability and strengthened its overall financial position through continued reinvestment into the business.

VCare Consultancy Services Limited has also significantly strengthened its governance, operational oversight and compliance arrangements during this period. This includes the development and formalisation of policies, operational procedures, quality assurance systems, safeguarding governance, workforce supervision arrangements, incident reporting processes and business continuity planning.

The organisation has invested in improved operational systems and digital infrastructure to support safe and effective service delivery. This includes implementation and ongoing use of digital care management and compliance systems, secure cloud-based operational platforms, strengthened information governance arrangements and cyber security controls. VCare Consultancy Services Limited has successfully achieved NHS Data Security and Protection Toolkit (“DSPT”) Standards Met status for 2025–2026, further evidencing its commitment to information governance and data protection compliance.

VCare Consultancy Services Limited has continued to invest in workforce development and operational resilience, including recruitment, mandatory training, supervision, quality monitoring, staffing contingency arrangements and organisational compliance functions. The organisation now supports a substantially expanded workforce and has implemented strengthened management and coordination structures to support continued growth and safe service delivery.

VCare’s historic subcontractor costs relate to previous commercial staffing arrangements and are not subcontractors relied upon to meet this DPS selection criteria or proposed for Council care delivery. VCare remains directly responsible for regulated care delivery; subcontractor costs do not represent undeclared consortium partners for this DPS submission. VCare confirms thought it has used subcontractors previously, VCare will *not* be using subcontractors due to strong and effective recruitment campaign that ended successfully.

The accompanying financial statements demonstrate positive retained earnings and strengthened net asset position, reflecting the organisation’s continued financial stability and ability to sustain ongoing operations and contractual commitments.

VCare Consultancy Services Limited remains committed to delivering safe, person-centred, responsive and community-focused care services in accordance with the requirements of South Gloucestershire Council, the Care Act 2014, CQC Fundamental Standards and wider regulatory expectations.

VCare has now added: current accounts, 2025 management accounts, DSPT certificate, business continuity exercise, updated GDPR/data protection evidence, climate policy, equalities policy, H&S evidence, references and completed lot responses.

VCare 2025 turnover is £2,575,145.88, gross profit £1,395,480.24 and operating profit £159,639.36. Net assets increased to £211,862.75 as of 31 August 2025. 

Financial Summary:

  1. turnover growth from £1.22m to £2.575m;
  2. profit before tax/operating profit;
  3. net assets;
  4. bank balance and debtors;
  5. corporation tax provision/payment status;
  6. confirmation no going-concern concerns.