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Grant Audits

A grant audit is an independent examination of financial records and activities related to grant funding, ensuring that funds have been used in accordance with the terms and conditions set by the funding body.

Understanding Grant Funding & Audits

Who provides grant funding?

Funding may come from a wide range of sources, including UK Government departments, local authorities, research councils and charities.

When is a grant audit required?

The requirement will be specified in the funding agreement underpinning the grant and may be triggered by thresholds or specific programme rules.

Scope of Services

Grant audits must be carried out by independent, qualified auditors, typically members of recognised UK professional accountancy bodies.

We recognise that many grant audits are time-sensitive, particularly where claims or continued funding depend on audit completion. Our team works efficiently to deliver high-quality audits within the required timeframe.

Our grant audit services are carried out in accordance with the requirements of the grant provider, to whom we will provide a formal report.

How we can help Maximise Your Potential

We help clients understand and meet their obligations under UK grant funding regulations, drawing on our deep knowledge of grant frameworks such as Innovate UK, Horizon Europe, and local authority-funded programmes.

Typical challenges facing companies include insufficient supporting documentation, non-compliant expenditure, and unclear financial reporting. We work closely with clients to mitigate these issues and strengthen internal processes.

We provide a tailored, transparent and collaborative audit process, designed to minimise disruption to your operations while ensuring full compliance with grant requirements and readiness for future funding opportunities.

Our Experienced Team

Our team brings in-depth knowledge of a wide range of funding programmes and registered auditors with extensive experience across sectors including life sciences, biotech and research and development.

We are committed to delivering the highest standards of compliance, accuracy and quality assurance to ensure your grant is successfully funded - supporting your innovation and helping you to maximise your potential.