1 May 2024 false Taxfiler 2024.6 true 14783551 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 14783551 2024-04-30 14783551 2024-05-01 2025-04-30 14783551 business:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 14783551 business:FilletedAccounts 2024-05-01 2025-04-30 14783551 2025-04-30 14783551 business:Director1 2024-05-01 2025-04-30 14783551 business:RegisteredOffice 2024-05-01 2025-04-30 14783551 2024-04-30 14783551 core:WithinOneYear 2025-04-30 14783551 core:WithinOneYear 2024-04-30 14783551 core:AfterOneYear 2025-04-30 14783551 core:AfterOneYear 2024-04-30 14783551 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 14783551 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 14783551 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 14783551 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 14783551 core:PreviouslyStatedAmount 2025-04-30 14783551 core:PreviouslyStatedAmount 2024-04-30 14783551 business:SmallEntities 2024-05-01 2025-04-30 14783551 countries:EnglandWales 2024-05-01 2025-04-30 14783551 core:PlantMachinery 2024-05-01 2025-04-30 14783551 core:FurnitureFittings 2024-05-01 2025-04-30 14783551 core:ComputerEquipment 2024-05-01 2025-04-30 14783551 core:OtherPropertyPlantEquipment 2024-05-01 2025-04-30 14783551 core:PlantMachinery 2024-04-30 14783551 core:FurnitureFittings 2024-04-30 14783551 core:ComputerEquipment 2024-04-30 14783551 core:PlantMachinery 2025-04-30 14783551 core:FurnitureFittings 2025-04-30 14783551 core:ComputerEquipment 2025-04-30 14783551 business:OrdinaryShareClass1 2024-05-01 2025-04-30 14783551 business:OrdinaryShareClass1 2023-04-05 2024-04-30 14783551 2023-04-05 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14783551 (England and Wales)
Hakkapo Ltd Unaudited accounts for the year ended 30 April 2025
Hakkapo Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Hakkapo Ltd Company Information for the year ended 30 April 2025
Director
Krzysztof Borowiak
Company Number
14783551 (England and Wales)
Registered Office
13 Jack Rosenthal Street Manchester M15 4FN England
Accountants
Shipleys Tax - Chartered Accountants 32 Park Cross Street Leeds West Yorkshire LS1 2QH
- 3 -
Hakkapo Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
164,194
245,831
Current assets
Inventories
4,000
13,000
Debtors
5
18,894
13,173
Cash at bank and in hand
17,444
10,447
40,338
36,620
Creditors: amounts falling due within one year
6
(229,784)
(216,500)
Net current liabilities
(189,446)
(179,880)
Total assets less current liabilities
(25,252)
65,951
Creditors: amounts falling due after more than one year
7
(98,826)
(112,500)
Net liabilities
(124,078)
(46,549)
Capital and reserves
Called up share capital
8
3
3
Profit and loss account
(124,081)
(46,552)
Shareholders' funds
(124,078)
(46,549)
For the year ending 30 April 2025 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 director acknowledges his 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 and authorised for issue on 12 March 2026 and were signed on its behalf by
Krzysztof Borowiak Director Company Registration No. 14783551
- 4 -
Hakkapo Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Hakkapo Ltd is a private company, limited by shares, registered in England and Wales, registration number 14783551. The registered office is 13 Jack Rosenthal Street, Manchester, M15 4FN, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
The accounts have been prepared on the going concern basis due to the continued support of the directors
Deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the statement of financial position date, except that: 1) The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and 2) Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. Deferred tax assets and liabilities are not discounted.
- 5 -
Hakkapo Ltd Notes to the Accounts for the year ended 30 April 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Other tangible fixed assets
25% reducing balance
Inventories
Inventories are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, inventories are assessed for impairment. If inventory is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss
Judgments in applying accounting policies and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
132,649
118,291
2,127
253,067
Additions
1,330
7,415
-
8,745
Disposals
(22,108)
(13,814)
(327)
(36,249)
At 30 April 2025
111,871
111,892
1,800
225,563
Depreciation
At 1 May 2024
4,606
2,561
69
7,236
Charge for the year
26,701
26,999
433
54,133
At 30 April 2025
31,307
29,560
502
61,369
Net book value
At 30 April 2025
80,564
82,332
1,298
164,194
At 30 April 2024
128,043
115,730
2,058
245,831
- 6 -
Hakkapo Ltd Notes to the Accounts for the year ended 30 April 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
315
1,635
Accrued income and prepayments
8,579
1,538
Other debtors
10,000
10,000
18,894
13,173
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
30,000
30,000
VAT
12,006
-
Trade creditors
20,626
20,232
Taxes and social security
-
8,602
Loans from directors
167,152
138,456
Accruals
-
19,210
229,784
216,500
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
82,500
112,500
Other creditors
16,326
-
98,826
112,500
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
300 Ordinary shares of £0.01 each
3
3
9
Average number of employees
During the year the average number of employees was 13 (2024: 11).
- 7 -