Set-up costs eat into Anchor’s profits

Anchor Trust reported a marginal drop in revenues from £267.5m (including £3.7m from discontinued operations) to £264.9m for the year ended 31 March 2013. Retirement housing contributed £128.6m (2012: £124.3m) towards this figure and care homes £119.2m (2012: £117.4m). A further £5.4m was made from providing extra-care services (2012: £5.6m). Following costs of £246.7m (2012:…