Revenues up for Life Style Care

Life Style Care (2010) plc reported revenues of £20.9m for year ended 31 March 2015, an increase of 7.7% on the previous year’s £19.2m. Taking into account cost of sales of £14.1m (2014: £12.2m), administrative expenses of £3.9m (2014: £3.5m) and other operating income of £80,000 (2014: £29,000), the residential care provider made an operating profit of £2.9m (2014: £3.6m). After interest charges of £1.8m (2014: £1.9m), the company recorded a pre-tax profit of £1.1m (2014: £1.9m) on its 621 beds for frail elderly and disabled working age adults.