Outspoken Training LLP

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: OC354006

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,688		10,291

			4,688		10,291
CURRENT ASSETS
Debtors		206,175		177,881
Cash at bank and in hand		121,113		147,899

		327,288		325,780
Creditors: Amounts Falling Due Within One Year		(254,276 )		(198,866 )

NET CURRENT ASSETS (LIABILITIES)			73,012		126,914

TOTAL ASSETS LESS CURRENT LIABILITIES			77,700		137,205

Creditors: Amounts Falling Due After More Than One Year			(14,774 )		(21,667 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			62,926		115,538

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		52,926		105,538

			52,926		105,538

Equity
Members' other interests
Members' capital		-		(9,958)
Other reserves		10,000		19,958

			10,000		10,000

			62,926		115,538

...CONTINUED

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Outspoken Training LLP

Abridged Balance Sheet (continued)

As At 31 March 2025

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year	52,926	105,538
Members' other interests	10,000	10,000

	62,926	115,538

For the year ending 31 March 2025 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

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

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mr Robert King

Designated Member

5th December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Outspoken Training LLP is a limited liability partnership, incorporated in England & Wales, registered number OC354006 . The Registered Office is The Bike Depot, 140 Cowley Road, Cambridge, CB4 0DL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Databases and Websites. It is amortised to profit and loss account over its estimated economic life of 1 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

Effective Life of 4 Years - Straight Line Depreciation Method

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 144 (2024: 136)

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Outspoken Training LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Total
	£
Cost
As at 6 April 2024	70,200

As at 31 March 2025	70,200

Depreciation
As at 6 April 2024	59,909
Provided during the period	5,603

As at 31 March 2025	65,512

Net Book Value
As at 31 March 2025	4,688

As at 6 April 2024	10,291

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