OUTSPOKEN CYCLES LTD

Company Registration Number:
08337352 (England and Wales)

Unaudited abridged accounts for the year ended 05 April 2024

Period of accounts

Start date: 06 April 2023

End date: 05 April 2024

OUTSPOKEN CYCLES LTD

Contents of the Financial Statements

for the Period Ended 05 April 2024

Balance sheet
Notes

OUTSPOKEN CYCLES LTD

Balance sheet

As at 05 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 17,600 13,351
Tangible assets: 4 89,782 7,920
Total fixed assets: 107,382 21,271
Current assets
Stocks: 125,628
Debtors:   47,752 216,389
Cash at bank and in hand: 82,556 106,669
Total current assets: 255,936 323,058
Creditors: amounts falling due within one year:   (125,795) (147,015)
Net current assets (liabilities): 130,141 176,043
Total assets less current liabilities: 237,524 197,315
Creditors: amounts falling due after more than one year:   (12,464) (22,428)
Total net assets (liabilities): 225,060 174,887
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 225,059 174,886
Shareholders funds: 225,060 174,887

The notes form part of these financial statements

OUTSPOKEN CYCLES LTD

Balance sheet statements

For the year ending 5 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 February 2025
and signed on behalf of the board by:

Name: Robert King
Status: Director

The notes form part of these financial statements

OUTSPOKEN CYCLES LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OUTSPOKEN CYCLES LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

2. Employees

2024 2023
Average number of employees during the period 9 9

OUTSPOKEN CYCLES LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

3. Intangible Assets

Total
Cost £
At 06 April 2023 24,525
Additions 22,000
Revaluations (22,000)
At 05 April 2024 24,525
Amortisation
At 06 April 2023 11,174
Charge for year 4,459
Other adjustments (8,708)
At 05 April 2024 6,925
Net book value
At 05 April 2024 17,600
At 05 April 2023 13,351

OUTSPOKEN CYCLES LTD

Notes to the Financial Statements

for the Period Ended 05 April 2024

4. Tangible Assets

Total
Cost £
At 06 April 2023 195,872
Additions 83,244
Disposals (32,702)
Revaluations (18,000)
At 05 April 2024 228,414
Depreciation
At 06 April 2023 187,952
Charge for year 34,483
Other adjustments (83,803)
At 05 April 2024 138,632
Net book value
At 05 April 2024 89,782
At 05 April 2023 7,920