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REGISTERED NUMBER: 03574547 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2012

for

Sullivan Bus & Coach Limited

Sullivan Bus & Coach Limited (Registered number: 03574547)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2012




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountants 6

Sullivan Bus & Coach Limited

Company Information
for the Year Ended 31 December 2012







DIRECTOR: D Sullivan





SECRETARY: Miss M Singelee





REGISTERED OFFICE: 6 Deards House
St Albans Road
South Mimms
Potters Bar
Hertfordshire
EN6 3NE





REGISTERED NUMBER: 03574547 (England and Wales)





ACCOUNTANTS: A&L
Chartered Accountants
Checknet House
153 East Barnet Road
New Barnet
Hertfordshire
EN4 8QZ

Sullivan Bus & Coach Limited (Registered number: 03574547)

Abbreviated Balance Sheet
31 December 2012

2012 2011
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,539,171 1,534,953

CURRENT ASSETS
Stocks 25,700 25,700
Debtors 194,092 356,186
Cash at bank 208,365 167,839
428,157 549,725
CREDITORS
Amounts falling due within one year 3 969,820 382,563
NET CURRENT (LIABILITIES)/ASSETS (541,663 ) 167,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,997,508

1,702,115

CREDITORS
Amounts falling due after more than one year 3 965,552 373,153
NET ASSETS 1,031,956 1,328,962

CAPITAL AND RESERVES
Called up share capital 4 10,000 10,000
Profit and loss account 1,021,956 1,318,962
SHAREHOLDERS' FUNDS 1,031,956 1,328,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2012 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

Sullivan Bus & Coach Limited (Registered number: 03574547)

Abbreviated Balance Sheet - continued
31 December 2012


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 9 April 2013 and were signed by:





D Sullivan - Director


Sullivan Bus & Coach Limited (Registered number: 03574547)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2012

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc - 33% on cost and Straight line over 15 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over
their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital
element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to the profit and loss account in the period to which they relate.

Sullivan Bus & Coach Limited (Registered number: 03574547)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2012

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2012 3,638,037
Additions 1,279,629
Disposals (220,000 )
At 31 December 2012 4,697,666
DEPRECIATION
At 1 January 2012 2,103,084
Charge for year 210,328
Eliminated on disposal (154,917 )
At 31 December 2012 2,158,495
NET BOOK VALUE
At 31 December 2012 2,539,171
At 31 December 2011 1,534,953

3. CREDITORS

Creditors include an amount of £ 1,067,738 (2011 - £ 244,338 ) for which security has been given.

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2012 2011
value: £    £   
10,000 Ordinary 1 10,000 10,000

5. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Sullivan by virtue of holding 80% of the issued share capital.

Sullivan Bus & Coach Limited

Report of the Accountants to the Director of
Sullivan Bus & Coach Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
31 December 2012 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your
statutory responsibilities, from the accounting records and information and explanations supplied to us.






A&L
Chartered Accountants
Checknet House
153 East Barnet Road
New Barnet
Hertfordshire
EN4 8QZ


9 April 2013