A key part of Hft’s strategy is growth. Part of the reason for this is that smaller service providers have all the same central support requirements as larger organisations – they need people to process their finances, recruit new staff and manage their IT systems, just as larger providers do. But in a small organisation, these support functions represent a larger percentage of the overall cost of running the service.
Larger organisations like Hft on the other hand, can benefit from economies of scale, meaning their relative support costs are lower. That’s why if and when the right opportunities present themselves, Hft will consider the option of merging with organisations that run similar services, share the same ethos and who have expressed an interest in doing so. And over the past few years, we’ve done exactly that on a number of occasions.
Mergers, along with the advantage of the scales of economy that they bring, help us better position Hft to meet the changing needs of local authorities and commissioners, develop specialist person-centred services and allow us to further secure our long-term financial future in a challenging funding environment.
The Edward Lloyd Trust
In May 2016, Hft and the Edward Lloyd Trust (ELT) formally merged. ELT has been operating in and around Newcastle for more than 25 years and supports around 60 people with learning disabilities, including those with complex needs.
ELT has an excellent track record and shares our person-centred values and vision for the future.
The merger will help to secure the long-term future of existing learning disability services in the North East and strengthens Hft’s operational footprint in the area.
In April 2013, Hft and Self Unlimited merged, creating a charity that now supports more than 2,500 people with learning disabilities across England to live the best lives possible.
Like Hft, Self Unlimited shared our ambition of encouraging supported living within the community wherever possible, and providing quality support that promotes choice for the people we support, while also providing good value for money. The merged organisation remains passionate about retaining this ethos and continuing to develop services that keep the people we support at the centre of everything we do.
Information on services previously operated by Self Unlimited can now be found under Our Locations.