Silverfin false 30/04/2024 01/05/2023 30/04/2024 Mr Loic Henry Joseph Cadiou 11/04/2018 Mr Antoine Andre Marie Fancois Estier 11/04/2018 28 January 2025 OC421955 2024-04-30 OC421955 bus:Director1 2024-04-30 OC421955 bus:Director2 2024-04-30 OC421955 2023-04-30 OC421955 core:CurrentFinancialInstruments 2024-04-30 OC421955 core:CurrentFinancialInstruments 2023-04-30 OC421955 core:OtherPropertyPlantEquipment 2023-04-30 OC421955 core:OtherPropertyPlantEquipment 2024-04-30 OC421955 2023-05-01 2024-04-30 OC421955 bus:FullAccounts 2023-05-01 2024-04-30 OC421955 bus:SmallEntities 2023-05-01 2024-04-30 OC421955 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 OC421955 bus:LimitedLiabilityPartnershipLLP 2023-05-01 2024-04-30 OC421955 bus:Director1 2023-05-01 2024-04-30 OC421955 bus:Director2 2023-05-01 2024-04-30 OC421955 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-05-01 2024-04-30 OC421955 2022-05-01 2023-04-30 OC421955 core:OtherPropertyPlantEquipment 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Company No: OC421955 (England and Wales)

ALCA DREAM LLP

Unaudited Financial Statements
For the financial year ended 30 April 2024
Pages for filing with the registrar

ALCA DREAM LLP

Unaudited Financial Statements

For the financial year ended 30 April 2024

Contents

ALCA DREAM LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION

For the financial year ended 30 April 2024
ALCA DREAM LLP

LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

For the financial year ended 30 April 2024
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
ALCA DREAM LLP

BALANCE SHEET

As at 30 April 2024
ALCA DREAM LLP

BALANCE SHEET (continued)

As at 30 April 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 4 856,944 952,160
856,944 952,160
Creditors: amounts falling due within one year 5 ( 2,100) ( 1,800)
Net current liabilities (2,100) (1,800)
Total assets less current liabilities 854,844 950,360
Net assets attributable to members 854,844 950,360
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

For the financial year ending 30 April 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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: OC421955) were approved and authorised for issue by the Board of Directors on 28 January 2025. They were signed on its behalf by:

Mr Antoine Andre Marie Fancois Estier
Designated member
ALCA DREAM LLP

RECONCILIATION OF MEMBERS' INTERESTS

For the financial year ended 30 April 2024
ALCA DREAM LLP

RECONCILIATION OF MEMBERS' INTERESTS (continued)

For the financial year ended 30 April 2024
EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
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

ALCA DREAM LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
ALCA DREAM LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2024
1. Accounting policies

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.

General information and basis of accounting

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 £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

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

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 15 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Impairment of assets

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.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Members' participation rights

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'.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the LLP’s accounting policies, the members are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the members have made in the process of applying the LLP’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the LLP during the year 2 2

4. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 May 2023 1,428,240 1,428,240
At 30 April 2024 1,428,240 1,428,240
Accumulated depreciation
At 01 May 2023 476,080 476,080
Charge for the financial year 95,216 95,216
At 30 April 2024 571,296 571,296
Net book value
At 30 April 2024 856,944 856,944
At 30 April 2023 952,160 952,160

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 2,100 1,800