‘Pleasing’ performance from CIC

Residential care operator Community Integrated Care (CIC) reported a 2.5% rise in income for the year ended 31 March 2016 from a restated figure of £104.4m to £106.9m. The charitable provider reported expenditure of £105.9m (2015: restated £103.9m), leaving the operator with net income of £1.1m (2015: £0.4m). Net assets were £48.1m compared to £46.8m…

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