VMK Accountants Limited: Business Advisors & Tax Consultant
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    Serving clients across Shoreditch & Old Street

    Accountants & Tax Advisers in Shoreditch and Old Street

    VMK Accountants works with startups, tech companies, SaaS founders, creative agencies, freelancers and design studios across Shoreditch, Old Street, Hoxton, Silicon Roundabout, Clerkenwell and Farringdon (EC1, EC2A, N1). Chartered, cloud-first accounting built for fast-moving businesses that need clean numbers and clear advice, from first Companies House filing through Seed, Series A and beyond.

    Chartered accountants (ACCA regulated) Startup and SaaS specialists SEIS / EIS advance assurance support R&D tax relief experience Xero Gold Partner + Stripe, Wise, HubSpot

    Quick answers about VMK Accountants in Shoreditch and Old Street

    Who are we? VMK Accountants Limited, a UK chartered accountancy and tax advisory practice, ACCA regulated, working with startups from Companies House incorporation through funded growth.

    Where do we work? Shoreditch, Old Street, Hoxton, Silicon Roundabout, Clerkenwell and Farringdon (EC1, EC1V, EC2A, N1).

    Who do we help? Tech startups, SaaS founders, digital and creative agencies, freelancers and consultants, ecommerce and DTC brands, product and design studios.

    What do we specialise in? SEIS/EIS advance assurance and compliance, R&D tax relief claims (merged scheme, post-April 2024), EMI share option schemes, and investor-ready monthly management accounts.

    How much? Pre-revenue startups from £75/month; funded companies £150–£500/month depending on payroll size and reporting needs. Fixed and agreed in writing.

    Accountants for Shoreditch startups and tech companies

    The client base around Old Street and Shoreditch is heavy on early-stage tech, SaaS, digital agencies and creative studios. We handle statutory accounts and corporation tax, monthly bookkeeping in Xero with Stripe, Wise and payment gateway feeds, VAT under Making Tax Digital, payroll with pension auto-enrolment, and share option scheme paperwork (EMI valuations, HMRC notifications, annual ERS returns) so you're ready when investors come in. For SEIS and EIS we handle advance assurance applications with HMRC and the subsequent SEIS1/EIS1 compliance certificates for your investors.

    R&D tax relief for tech and SaaS founders

    The R&D regime changed materially in April 2024, moving to a merged RDEC-style scheme with additional relief for R&D-intensive loss-makers. We prepare the technical narrative, cost breakdown, additional information form (mandatory since August 2023) and the CT600 amendment. Typical claims for pre-revenue SaaS and product companies deliver a cash credit of 15–20% of qualifying R&D spend, most useful when funding rounds are 12+ months out.

    Freelancers, agencies and creative businesses

    For freelancers and small agencies we run a fully cloud-based service: Xero (or FreeAgent) for day-to-day bookkeeping, quarterly VAT returns, director payroll, year-end accounts and self assessment. We're used to project-based revenue, retainer income, deferred-revenue accounting for annual contracts, and the seasonality that comes with agency work.

    Why Shoreditch founders choose VMK

    You get a qualified chartered accountant on WhatsApp, Slack and Zoom, fixed monthly fees, and a proper cloud accounting setup, not spreadsheets glued together at year-end. When you raise, we'll work with your investors and lawyers to make sure the numbers, cap table and monthly reporting stand up to due diligence.

    What's included

    Core services

    • Limited company accounts
    • Corporation tax returns (CT600)
    • VAT returns under Making Tax Digital
    • Payroll and PAYE
    • Bookkeeping in Xero with Stripe/Wise feeds
    • Self assessment for founders

    For funded startups

    • SEIS / EIS advance assurance
    • SEIS1 / EIS1 compliance certificates
    • R&D tax relief claims (merged scheme)
    • EMI share option scheme setup & valuation
    • Annual ERS returns
    • Monthly management accounts
    • Cash runway forecasting
    • Investor-ready reporting

    Who we help

    • Tech startups and SaaS
    • Digital and creative agencies
    • Freelancers and consultants
    • Ecommerce and DTC brands
    • Product and design studios
    • Content and media businesses

    Frequently asked questions

    Are you Shoreditch accountants?+

    Yes. We serve startups, agencies and freelancers across Shoreditch, Old Street, Hoxton, Silicon Roundabout, Clerkenwell and Farringdon (EC1, EC2A, N1), fully remotely via Xero, our portal, Slack and Zoom.

    Do I need a local accountant near Old Street?+

    No. Almost all our Shoreditch startups work with us remotely. Where a face-to-face meeting helps with a funding round or investor introduction, we're happy to arrange one.

    How much do Shoreditch startup accountants cost?+

    Pre-revenue Ltd companies from £75/month, seed-stage from £150/month, funded Series A+ typically £300–£500/month depending on payroll size, VAT complexity and monthly reporting needs. Fixed and agreed in writing.

    Can you help with SEIS and EIS advance assurance?+

    Yes. We prepare the advance assurance application, coordinate with your legal team on qualifying trade and share terms, and handle the subsequent SEIS1/EIS1 compliance certificates once shares are issued to investors.

    Can you handle R&D tax relief for a SaaS company?+

    Yes. We prepare the technical narrative, cost breakdown, mandatory additional information form and CT600 amendment under the post-April 2024 merged scheme. Claims typically deliver a cash credit of 15–20% of qualifying R&D spend for loss-makers.

    Can you set up an EMI share option scheme?+

    Yes. We handle the qualifying-company review, the market-value share valuation submitted to HMRC, the scheme rules and grant paperwork, and the annual ERS return once options are granted.

    Can you produce monthly management accounts for investors?+

    Yes. Full P&L, balance sheet, cash flow, MRR/ARR breakdown for SaaS, cohort retention and cash-runway forecast, delivered by the 15th of each month via Xero or Fathom.

    Do you handle Stripe, Wise and PayPal in the books?+

    Yes. All connected as bank feeds into Xero, with automated reconciliation of Stripe fees, refunds, chargebacks and FX so gross profit and VAT are correct at month-end.

    Do you handle self assessment for founders with vested options?+

    Yes. We include employment income, dividends, EMI option exercises, capital gains on share disposals and any startup salary top-up correctly on SA100.

    How quickly can I switch from my current accountant?+

    Most switches complete in five working days. Free professional clearance, Xero data transfer and HMRC agent re-authorisation all handled by us.

    VMK Accountants Ltd

    17 Hunters Grove, Kenton, Harrow HA3 9AB

    Speak to a Shoreditch startup accountant today

    Whether you need help with company formation, SEIS/EIS, R&D tax relief, EMI options or monthly management accounts, we can help. Book a free, no-obligation 30-minute consultation.

    We Work With Industry-Leading Software

    XeroQuickBooksSageFreeAgentCapiumMoneysoftCCHOdooQuickFileZohoXeroQuickBooksSageFreeAgentCapiumMoneysoftCCHOdooQuickFileZoho