1 January 2023 false Taxfiler 2024.5 6533017business:PrivateLimitedCompanyLtd2023-01-012023-12-31 65330172022-12-31 65330172023-01-012023-12-31 6533017business:AuditExemptWithAccountantsReport2023-01-012023-12-31 6533017business:FilletedAccounts2023-01-012023-12-31 65330172023-12-31 6533017business:Director12023-01-012023-12-31 6533017business:Director22023-01-012023-12-31 6533017business:CompanySecretary12023-01-012023-12-31 6533017business:RegisteredOffice2023-01-012023-12-31 65330172022-12-31 6533017core:WithinOneYear2023-12-31 6533017core:WithinOneYear2022-12-31 6533017core:AfterOneYear2023-12-31 6533017core:AfterOneYear2022-12-31 6533017core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 6533017core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 6533017core:CapitalContributionReservecore:PreviouslyStatedAmount2023-12-31 6533017core:CapitalContributionReservecore:PreviouslyStatedAmount2022-12-31 6533017core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 6533017core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 6533017core:PreviouslyStatedAmount2023-12-31 6533017core:PreviouslyStatedAmount2022-12-31 6533017business:SmallEntities2023-01-012023-12-31 6533017countries:EnglandWales2023-01-012023-12-31 6533017core:PlantMachinery2022-12-31 6533017core:FurnitureFittings2022-12-31 6533017core:ComputerEquipment2022-12-31 6533017core:PlantMachinery2023-01-012023-12-31 6533017core:FurnitureFittings2023-01-012023-12-31 6533017core:ComputerEquipment2023-01-012023-12-31 6533017core:PlantMachinery2023-12-31 6533017core:FurnitureFittings2023-12-31 6533017core:ComputerEquipment2023-12-31 6533017core:ComputerEquipmentcore:LeasedAssetsHeldAsLessee2023-12-31 6533017core:ComputerEquipmentcore:LeasedAssetsHeldAsLessee2022-12-31 6533017business:OrdinaryShareClass12023-01-012023-12-31 6533017business:OrdinaryShareClass12022-01-012022-12-31 65330172022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 6533017 (England and Wales)
Haplo Services Ltd Unaudited accounts for the year ended 31 December 2023
Haplo Services Ltd Unaudited accounts Contents
Page
- 2 -
Haplo Services Ltd Company Information for the year ended 31 December 2023
Directors
Chris Welch Matthew McLellan
Secretary
John Starr
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
- 3 -
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 2023.
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 2023. 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 30 August 2024
- 4 -
Haplo Services Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
100,466 
153,908 
Current assets
Debtors
941,564 
1,188,581 
Cash at bank and in hand
57,712 
26,853 
999,276 
1,215,434 
Creditors: amounts falling due within one year
(4,892,335)
(4,301,601)
Net current liabilities
(3,893,059)
(3,086,167)
Total assets less current liabilities
(3,792,593)
(2,932,259)
Creditors: amounts falling due after more than one year
(3,904,677)
(4,121,700)
Net liabilities
(7,697,270)
(7,053,959)
Capital and reserves
Called up share capital
10 
10 
Capital contribution reserve
(4,348,865)
(4,348,865)
Profit and loss account
(3,348,415)
(2,705,104)
Shareholders' funds
(7,697,270)
(7,053,959)
For the year ending 31 December 2023 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 30 August 2024 and were signed on its behalf by
Chris Welch Director Company Registration No. 6533017
- 5 -
Haplo Services Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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.
- 6 -
Haplo Services Ltd Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
260,031 
66,007 
78,491 
404,529 
Additions
- 
- 
25,654 
25,654 
Disposals
(213,425)
(66,007)
(21,193)
(300,625)
At 31 December 2023
46,606 
- 
82,952 
129,558 
Depreciation
At 1 January 2023
149,469 
66,007 
35,145 
250,621 
Charge for the year
- 
- 
15,140 
15,140 
On disposals
(149,469)
(66,007)
(21,193)
(236,669)
At 31 December 2023
- 
- 
29,092 
29,092 
Net book value
At 31 December 2023
46,606 
- 
53,860 
100,466 
At 31 December 2022
110,562 
- 
43,346 
153,908 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Computer equipment
46,606 
110,562 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
166,494 
- 
Amounts due from group undertakings etc.
61,193 
14,401 
Accrued income and prepayments
38,405 
61,060 
Other debtors
642,592 
1,080,240 
908,684 
1,155,701 
Amounts falling due after more than one year
Other debtors
32,880 
32,880 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
22,857 
20,064 
Obligations under finance leases and hire purchase contracts
46,611 
125,996 
Trade creditors
102,345 
73,654 
Amounts owed to group undertakings and other participating interests
3,202,934 
2,415,071 
Other creditors
29,646 
- 
Accruals
21,981 
15,818 
Deferred income
1,465,961 
1,650,998 
4,892,335 
4,301,601 
- 7 -
Haplo Services Ltd Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
3,904,677 
4,121,700 
8
Share capital
2023 
2022 
£ 
£ 
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 2023, there was £3,232,580 (£2,415,071 on 31.12.22) current liability owed to Cayuse Holdings and also a current asset of £61,193 (£14,401 on 31.12.22) due from Cayuse Holding.
10
Controlling party
Cayuse Holdings LLC became the parent company of Haplo Services Ltd on 24th December 2020. Cayuse Holdings LLC, 72632 Coyote Rd. Pendleton, OR, USA
11
Average number of employees
During the year the average number of employees was 23 (2022: 32).
- 8 -