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REGISTERED NUMBER: 03574547 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Sullivan Bus & Coach Limited

Sullivan Bus & Coach Limited (Registered number: 03574547)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2015




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 2015







DIRECTOR: D Sullivan





SECRETARY: A Panayiotou





REGISTERED OFFICE: Windfall House
D1, The Courtyard
Alban Park
St Albans
Hertfordshire
AL4 0LA





REGISTERED NUMBER: 03574547 (England and Wales)





ACCOUNTANTS: A&L
Chartered Accountants
D1, The Courtyard
Alban Park
St Albans
Hertfordshire
AL4 0LA

Sullivan Bus & Coach Limited (Registered number: 03574547)

Abbreviated Balance Sheet
31 December 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,570,818 2,318,044

CURRENT ASSETS
Stocks 25,700 25,700
Debtors 349,665 608,489
Cash at bank 245,868 39,146
621,233 673,335
CREDITORS
Amounts falling due within one year 3 700,292 885,610
NET CURRENT LIABILITIES (79,059 ) (212,275 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,491,759

2,105,769

CREDITORS
Amounts falling due after more than one
year

3

733,882

554,542
NET ASSETS 1,757,877 1,551,227

CAPITAL AND RESERVES
Called up share capital 4 10,000 10,000
Profit and loss account 1,747,877 1,541,227
SHAREHOLDERS' FUNDS 1,757,877 1,551,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 2015


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 19 August 2016 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 2015

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 January 2015).

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 4,895,520
Additions 507,850
At 31 December 2015 5,403,370
DEPRECIATION
At 1 January 2015 2,577,476
Charge for year 255,076
At 31 December 2015 2,832,552
NET BOOK VALUE
At 31 December 2015 2,570,818
At 31 December 2014 2,318,044

Sullivan Bus & Coach Limited (Registered number: 03574547)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2015

3. CREDITORS

Creditors include an amount of £ 561,998 (2014 - £ 613,566 ) for which security has been given.

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
10,000 Ordinary 1 10,000 10,000

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 2015 set out on pages three to nine 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
D1, The Courtyard
Alban Park
St Albans
Hertfordshire
AL4 0LA


19 August 2016