Company Registration No. 6533017 (England and Wales)
Haplo Services Ltd
Unaudited accounts
for the year ended 31 December 2022
Haplo Services Ltd
Unaudited accounts
Contents
Haplo Services Ltd
Company Information
for the year ended 31 December 2022
Directors
Chris Welch
Matthew McLellan
Company Number
6533017 (England and Wales)
Registered Office
Rm 4.10
201 Borough High Street
London
SE1 1JA
Accountants
R&S Accounts Ltd
9 Emberton Way
Amington Fields
Tamworth
STAFFS
B77 3QQ
Haplo Services Ltd
Accountants' report
Accountants' report to the board of directors of Haplo Services Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2022.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2022. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
R&S Accounts Ltd
9 Emberton Way
Amington Fields
Tamworth
STAFFS
B77 3QQ
1 September 2023
Haplo Services Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
26,853
17,079
Creditors: amounts falling due within one year
(4,301,601)
(1,571,090)
Net current liabilities
(3,086,167)
(1,013,029)
Total assets less current liabilities
(2,932,259)
(1,013,029)
Creditors: amounts falling due after more than one year
(4,121,700)
(500,000)
Net liabilities
(7,053,959)
(1,513,029)
Called up share capital
10
10
Capital contribution reserve
(4,348,865)
(511,238)
Profit and loss account
(2,705,104)
(1,001,801)
Shareholders' funds
(7,053,959)
(1,513,029)
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2023 and were signed on its behalf by
Matthew McLellan
Director
Company Registration No. 6533017
Haplo Services Ltd
Notes to the Accounts
for the year ended 31 December 2022
Haplo Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 6533017. The registered office is Rm 4.10, 201 Borough High Street, London, SE1 1JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
The Company capitalizes fixed assets where the invoice amount for an individual item is greater than £1,000. The Company takes a full month of depreciation on items received prior to the 15th and delays depreciation to the following month when items arrive after the 15th. The Company assumes the invoice date is the receipt of goods date, as items are typically invoiced after shipment. Any fluctuation is considered immaterial. An exception to this approach may be for a deposit posted pending finalization of an equipment order. Deposits are referenced in the fixed asset account until the assets are received and placed in service.
● Furniture and Fixtures – 5 years
● Computer Equipment – 5 years
● Software Assets - 3 years
● Leasehold Improvements – greater of 7 years or length of lease
Standard repairs and maintenance are expensed as incurred unless it is determined the useful life or asset value of the asset has increased due to the services rendered.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2022
149,469
66,007
21,193
236,669
Additions
110,562
-
57,298
167,860
At 31 December 2022
260,031
66,007
78,491
404,529
At 1 January 2022
149,469
66,007
21,193
236,669
Charge for the year
-
-
13,952
13,952
At 31 December 2022
149,469
66,007
35,145
250,621
At 31 December 2022
110,562
-
43,346
153,908
Haplo Services Ltd
Notes to the Accounts
for the year ended 31 December 2022
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Computer equipment
110,562
-
Amounts falling due within one year
Amounts due from group undertakings etc.
14,401
35,819
Accrued income and prepayments
61,060
-
Other debtors
1,080,240
2,447
Amounts falling due after more than one year
Other debtors
32,880
32,880
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
125,996
-
Trade creditors
73,654
13,408
Amounts owed to group undertakings and other participating interests
2,415,071
551,722
Taxes and social security
-
48,322
Deferred income
1,650,998
795,960
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
4,121,700
500,000
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Transactions with related parties
Cayuse Intermediate Holdings LLC became the owner of Haplo Services Ltd on 24th December 2020 and on the year end date of 31st December 2022, there was £2,415,071 current liability owed to Cayuse Holdings and also a current asset of £14,401 due from Cayuse Holding.
Cayuse Holdings LLC became the parent company of Haplo Services Ltd on 24th December 2020. Cayuse Holdings LLC, 72632 Coyote Rd. Pendleton, OR, USA
Haplo Services Ltd
Notes to the Accounts
for the year ended 31 December 2022
11
Average number of employees
During the year the average number of employees was 32 (2021: 23).
