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Startup Accountants in London

Discuss Your Startup Accounting
Accounting Services

Startup Accounting Support
from Formation to First Accounts

Looking for startup accountants in London? We help founders plan the records, registrations and accounts they need from formation through the first year-end, then agree bookkeeping, VAT, payroll, annual accounts and CT600 support around the stage of the business.
Accountants for startups London for founders

Accusolve is a UK accountancy practice with an AAT Licensed Accountant. We support new UK limited companies, including businesses run by overseas founders. We can help with the accounting and tax implications of your plans; legal structure advice, shareholder agreements and overseas obligations may need a suitably qualified adviser.

Choose Support for Your Stage

Before incorporation, we can discuss the accounting and tax implications of your proposed business and agree company formation administration. If you have already incorporated, we review the trading date, HMRC correspondence, existing records and approaching deadlines before agreeing the next steps. Formation alone does not cover all of your ongoing reporting responsibilities.

Once trading starts, we help agree a recordkeeping process and check the HMRC registrations relevant to your activities. Accounting software setup and ongoing bookkeeping support can be included where agreed. If you keep the books yourself, we explain which records are needed for the work we undertake.

First-Year Accounting Roadmap

These are common decision points, not a fixed package or timetable. We agree which stages and deliverables apply to your company.

Stage What we help with Useful outcome
Pre-formation Accounting and tax implications of the proposed structure; formation administration where agreed Understand the records and registrations to plan for
Starting to trade Check HMRC registrations, opening balances, software and a source-document process An agreed approach to recording the first transactions
First VAT or PAYE decision Review VAT registration requirements and PAYE obligations where relevant Understand which registrations and records your circumstances require
First year-end Annual accounts, Corporation Tax return and a separate check of any personal filing requirement Review draft figures and approve the agreed filings
Growth and funding Separately scoped management reporting, forecasts or finance support Figures and assumptions prepared for an agreed purpose

Routine Accounts and Tax Work

For an agreed year-end engagement, we review your bookkeeping, raise queries, prepare annual accounts and the relevant Corporation Tax return and computations, explain the draft figures and request your approval before filing. The accounts period and tax return period can differ in the first year, so we check both and explain the relevant payment and filing dates.

Directors remain responsible for the company's records and filings, even when an accountant helps. You need to provide complete information, answer queries, approve drafts and arrange tax payments. See GOV.UK's director responsibilities guidance. Bookkeeping catch-up, historic corrections and HMRC enquiries are separately scoped where required.

VAT, Payroll and Founder Pay

VAT registration support depends on your supplies, turnover and where the business is established; not every startup follows the same threshold rules. Payroll and PAYE support depends on the pay arrangements and relevant employer obligations. Both are agreed separately from routine accounts preparation.

We can review the tax treatment and records for salary, dividends, reimbursed expenses and director loans within an agreed advice engagement. A director's personal Self Assessment requirement depends on their circumstances and any HMRC notice; being a director alone does not automatically require a return.

Optional Reporting as the Business Grows

If you need figures between year-ends, we can agree management accounts, financial forecasts or part-time finance support. We first agree the audience, available records and assumptions. These services are additional work, not included in every startup engagement, and do not guarantee funding or investment.

Illustrative onboarding process — actual scope agreed in writing

  1. initial business/tax position and deadlines
  2. records, bookkeeping software and VAT/PAYE needs
  3. agreed compliance calendar and reporting deliverables
  4. review and handover

An Example of First-Year Accounts Support

This illustrative example shows how a scope can be agreed. It is not a client case study or a fixed package.

A newly trading consultancy has one business bank account, sales invoices, expense receipts and money introduced by its director. The director keeps the day-to-day records and wants help preparing the first accounts and Company Tax Return.

Illustrative records, responsibilities and outputs
StageWhat is provided or agreedOutput to expect within this scope
Starting positionCompany and trading dates, HMRC notices, bank statements, invoices and director-funding records.A list of the records needed and the accounts, tax-return and payment dates to check.
PreparationThe director supplies complete records and answers questions about unclear transactions.Draft accounts and the relevant Corporation Tax computation and return for review.
Approval and filingThe director reviews and approves the figures and remains responsible for arranging tax payment.Agreed submissions and confirmation of the filing and payment next steps.

Bookkeeping catch-up, VAT, payroll, personal tax returns and additional reporting need their own scope where required. Tell us which of these apply so the quote reflects the work you need.

What to Have Ready for Your Enquiry

  • Company details, incorporation and trading dates, or your plans if not yet formed
  • Business activities, expected turnover, transaction volume and countries involved
  • Bank statements, invoices, receipts, existing software and opening balances
  • HMRC references and correspondence, previous filings and known deadlines
  • Director funding, pay plans and details of any employees

We review your starting point, confirm the work and responsibilities, and agree the fee before starting. Record quality, transaction volume, employees, VAT, overseas activity and extra reporting affect the scope. Any backlog or specialist advice is discussed separately so you know what is included.

Accounting support for London startups
Startup bookkeeping and VAT support London

How We Agree Your Quote

Tell us your company stage, activities, expected transaction volume, existing software and first filing deadline. We review the records and deadline before agreeing the work.

Your quote should identify the services and period covered, reporting frequency where relevant, the fee and VAT treatment, and any exclusions or third-party charges. Bookkeeping catch-up, earlier-period corrections and additional advice are agreed separately unless included. Confirm the scope and your responsibilities before instructing us.

Startup Accounting FAQs

  • When should a startup appoint an accountant?
    Before incorporation can be useful if you need to understand the accounting and tax implications of your plans. If already trading, contact us with your company details, records and upcoming deadlines so we can agree the work needed.
  • Can you help with company formation?
    We can agree formation administration and accounting setup. Legal structure advice, shareholder agreements and other legal documents may require a suitably qualified adviser. We do not treat formation as a substitute for ongoing filing support.
  • Do I need records before the company makes a profit?
    Yes. Keep evidence of transactions, including costs, sales, capital introduced and director funding. Recordkeeping is needed even if the business has not yet made a profit.
  • Are VAT and payroll included with first-year accounts?
    Only where agreed. We check the relevant registration and reporting obligations, then scope VAT and payroll separately from routine accounts and Corporation Tax work.
  • Does every director need Self Assessment?
    No. The requirement depends on personal circumstances and HMRC notices, rather than the directorship alone. We can review the position and agree any personal return work separately.
  • Can you support overseas founders and investor reporting?
    We can agree UK accounting support for overseas founders and additional management reports or forecasts. Overseas tax and legal obligations may require local advice. Reporting is scoped to the agreed purpose and does not guarantee investment.