HICA reduces its deficit

The Humberside Independent Care Association (HICA) reported revenues of £32.5m for the year ended 31 March 2013, a slight decline on the previous year’s figure of £32.8m. The vast majority of this amount came from its estate of 24 care homes (£30.5m) with the remainder being generated by its retirement villages.After expenditure of £33.5m (2012:…