Company No:
Contents
Designated members | Mr Loic Henry Joseph Cadiou |
Mr Antoine Andre Marie Fancois Estier |
Registered office | 33 Montpelier Square |
London | |
United Kingdom |
Registered number | OC421955 (England and Wales) |
Accountant | Kreston Reeves LLP |
2nd Floor | |
168 Shoreditch High Street | |
London | |
E1 6RA |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 4 |
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856,944 | 952,160 | |||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (2,100) | (1,800) | ||
Total assets less current liabilities | 854,844 | 950,360 | ||
Net assets attributable to members |
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Represented by | ||||
Loans and other debts due to members within one year | ||||
Members' capital classified as a liability | 827,080 | 542,040 | ||
Other amounts | (1,400,477) | (1,019,921) | ||
(573,397) | (477,881) | |||
Members' other interests | ||||
Members' capital classified as equity | 1,428,241 | 1,428,241 | ||
1,428,241 | 1,428,241 | |||
854,844 | 950,360 | |||
Total members' interests | ||||
Loans and other debts due to members | (573,397) | (477,881) | ||
Members' other interests | 1,428,241 | 1,428,241 | ||
854,844 | 950,360 |
Members' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Alca Dream LLP (registered number:
Mr Antoine Andre Marie Fancois Estier
Designated member |
EQUITY Members' other interests |
DEBT Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests | |||||
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Members' capital (classified as equity) | Other reserves | Total | Members' capital (classified as debt) | Other amounts | Total | Total | |
£ | £ | £ | £ | £ | £ | £ | |
Amounts due to members | 267,967 | (650,632) | (382,665) | ||||
Balance at 01 May 2022 | 1,428,241 | 0 | 1,428,241 | 267,967 | (650,632) | (382,665) | 1,045,576 |
Loss for the financial year available for discretionary division among members | 0 | (369,289) | (369,289) | 0 | 0 | 0 | (369,289) |
Members' interest after loss for the financial year | 1,428,241 | (369,289) | 1,058,952 | 267,967 | (650,632) | (382,665) | 676,287 |
Division of loss | 0 | 369,289 | 369,289 | 0 | (369,289) | (369,289) | 0 |
Introduced by members | 0 | 0 | 0 | 274,073 | 0 | 274,073 | 274,073 |
Amounts due to members | 542,040 | (1,019,921) | (477,881) | ||||
Balance at 30 April 2023 | 1,428,241 | 0 | 1,428,241 | 542,040 | (1,019,921) | (477,881) | 950,360 |
Loss for the financial year available for discretionary division among members | 0 | (380,556) | (380,556) | 0 | 0 | 0 | (380,556) |
Members' interest after loss for the financial year | 1,428,241 | (380,556) | 1,047,685 | 542,040 | (1,019,921) | (477,881) | 569,804 |
Division of loss | 0 | 380,556 | 380,556 | 0 | (380,556) | (380,556) | 0 |
Introduced by members | 0 | 0 | 0 | 285,040 | 0 | 285,040 | 285,040 |
Amounts due to members | 827,080 | (1,400,477) | (573,397) | ||||
Balance at 30 April 2024 | 1,428,241 | 0 | 1,428,241 | 827,080 | (1,400,477) | (573,397) | 854,844 |
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Alca Dream LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 33 Montpelier Square, London, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members’ participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member’s participation rights including amounts subscribed or otherwise contributed by members, for example members’ capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.
The profits are not automatically divided as they arise, the LLP therefore has an unconditional right to refuse payment of the profits for a particular year unless and until those profits are divided by a decision taken by the members; and accordingly, following such a division, those profits are classed as an appropriation or equity rather than an expense. They are therefore shown as a residual amount available for appropriation in the Profit and Loss Account.
All amounts due to members that are classified as liabilities are presented in the Statement of Financial Position within 'Loans and other debts due to members' and are charged to the Profit and Loss Account within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the Statement of Financial Position within 'Members' other interests'.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the LLP during the year |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 May 2023 |
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At 30 April 2024 |
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Accumulated depreciation | |||
At 01 May 2023 |
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Charge for the financial year |
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At 30 April 2024 |
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Net book value | |||
At 30 April 2024 |
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At 30 April 2023 |
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2024 | 2023 | ||
£ | £ | ||
Other creditors |
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