ICAEW Registered Auditors  ·  90+ UK-Based Experts

Startups

Accounting for companies built to grow — SEIS and EIS done right, R&D claims that survive scrutiny, option schemes set up properly, and numbers investors can diligence without wincing.

Startups have accounting needs ordinary small businesses never meet: investment rounds with tax reliefs riding on the paperwork, share option schemes granted before anyone documented a valuation, R&D claims in an era of aggressive HMRC checking, and burn-rate arithmetic where the difference between the books and reality is measured in runway. Most of the expensive startup accounting mistakes are made early, cheaply and irreversibly.

Acumon works with startups from incorporation through funding rounds: the compliance core on a fixed fee, the specialist moments — SEIS advance assurance, EMI valuations, R&D claims, due diligence — handled by people who do them constantly, and reporting that tells founders the one number that matters: how long the money lasts.

Foundations That Survive Diligence

Every funding round is an audit of your history: cap table hygiene, share classes, board minutes, option grants, contractor IP. We set the structure up correctly at formation — or repair what a web incorporation produced — and keep the records investor-clean as you go, because retrofitting two years of informality during a live round burns exactly the time and credibility a raise cannot spare.

SEIS, EIS and Investor Reliefs

SEIS and EIS make UK startup investment happen — and their reliefs die on procedural detail: eligibility conditions, advance assurance drafted around your actual plans, shares issued correctly, compliance statements filed on time, and the three-year traps that quietly void relief afterwards. We run the whole machinery, so your investors get the certificates their relief depends on and your future rounds are not haunted by a defective first one.

R&D Relief Without the Horror Stories

R&D tax relief still matters to genuine technology companies, and HMRC now checks claims aggressively — the era of optimistic boundary-pushing is over and its claims are being unwound with penalties. Ours are built to be defended: qualifying activity assessed honestly against the scheme's definitions, costs evidenced, technical narratives written to answer the questions HMRC actually asks. If your activity does not qualify, we say so before you spend the money mentally.

Share Options and Runway Reporting

EMI options are the startup tool most often fumbled: valuations agreed with HMRC before grants, scheme design within the limits, grants documented and notified on time — each step cheap in sequence, expensive out of it. Alongside, we run monthly reporting built for founders and boards: burn, runway, revenue traction and the metrics your investors expect, from cloud accounting kept current — so board packs take hours, not weekends.

What You Get With Acumon

  • Incorporation and cap table structured for future rounds
  • SEIS/EIS advance assurance, share issues and compliance statements
  • R&D claims assessed honestly and built to survive HMRC checking
  • EMI option schemes: valuations, grants and notifications done in order
  • Monthly burn, runway and traction reporting for founders and boards
  • Cloud accounting kept diligence-ready from day one
  • Payroll, VAT and compliance handled while you build
  • Due diligence support in the same firm when the round lands

Why Acumon for Startups?

  • All 90 of the firm's professionals are based in the UK
  • R&D, EIS/SEIS and Patent Box advisory delivered alongside accounts as core services
  • Technology-sector audit team with team members who previously worked on audits for Apple, Airbnb and Fujifilm
  • Due diligence and valuations specialists in the same firm for funding rounds

Get a Fixed-Fee Quote

Tell us what you need and we'll come back within one business day with a clear scope and a fixed price — no hourly-rate surprises. Call 020 8567 3451 or use the form and we'll be in touch.

Common Questions

Frequently Asked Questions

When should a startup get an accountant?
Before the decisions that are hard to reverse: incorporation structure, first share issues, SEIS planning and early option promises. Founders usually arrive at an accountant when compliance deadlines force it — months after the structural choices were made, occasionally wrongly, on a web form. The early-stage engagement is deliberately light and cheap; what it buys is not filings but the absence of a £15,000 repair bill during your seed round's due diligence.
What do investors actually check in the numbers?
At early stage: that the cap table is clean and matches Companies House, SEIS/EIS paperwork is valid, options were granted properly, contractors assigned their IP, taxes are current, and the accounting reconciles with the story in the deck. Diligence rarely kills deals over trading performance — it kills them over administrative wreckage that makes founders look careless. Investor-clean is a maintained state, not a pre-round scramble, and it is precisely what we keep for you.
Is our development work eligible for R&D relief?
It depends on whether you resolved genuine technological uncertainty — not whether the product was hard, novel commercially, or took a year of nights. Building on established frameworks in established ways typically does not qualify; work where a competent professional could not readily deduce the solution may. We assess eligibility honestly upfront, because in the current enforcement climate a bad claim is worse than no claim: repayment, penalties, and enquiries that spread into the rest of your tax.
Can you support us through a funding round?
Yes — before, during and after. Before: financials and forecasts built to diligence standard, data room prepared, SEIS/EIS assurance in place. During: investor questions answered fast, the tax mechanics of the round handled. After: shares issued and filed correctly, compliance statements submitted, option pool implemented as promised. The same firm also runs due diligence for investors and acquirers, so we know exactly what the other side's checklist looks like — and prepare you against it.
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Ready to Sort Your Startups?

Tell us what you need. Within one business day, a qualified accountant will be in touch to talk it through and give you a clear, fixed-fee quote — no obligation.

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