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REGISTERED NUMBER: 01322455 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

SAFFORDS COACHES LIMITED
SAFFORDS COACHES LIMITED (REGISTERED NUMBER: 01322455)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
SAFFORDS COACHES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: Mrs SI Gillett
Miss T Gillett





SECRETARY: Miss T Gillett





REGISTERED OFFICE: Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP





REGISTERED NUMBER: 01322455 (England and Wales)





ACCOUNTANTS: Davey Grover Limited
Chartered Accountants
Fenice Court
Phoenix Business Park
Eaton Socon
St. Neots
Cambridgeshire
PE19 8EP
SAFFORDS COACHES LIMITED (REGISTERED NUMBER: 01322455)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 620,737 543,539
620,737 543,539

CURRENT ASSETS
Stocks 8,110 7,695
Debtors 649,799 626,346
Investments 2,200 2,200
Cash at bank and in hand 164,246 180,052
824,355 816,293
CREDITORS
Amounts falling due within one year 82,908 92,136
NET CURRENT ASSETS 741,447 724,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,362,184

1,267,696

CREDITORS
Amounts falling due after more than one
year

(39,001
)
(24,457
)

PROVISIONS FOR LIABILITIES (106,600 ) (83,108 )
NET ASSETS 1,216,583 1,160,131

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Profit and loss account 1,215,583 1,159,131
SHAREHOLDERS' FUNDS 1,216,583 1,160,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.
SAFFORDS COACHES LIMITED (REGISTERED NUMBER: 01322455)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014


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 Board of Directors on 3 June 2015 and were signed on its behalf by:




Mrs SI Gillett - Director



Miss T Gillett - Director

SAFFORDS COACHES LIMITED (REGISTERED NUMBER: 01322455)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014

1. ACCOUNTING POLICIES

Basis of accounting
The accounts have been prepared under the historical cost convention.


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.

Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance and 10% on cost

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
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. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 10,000
AMORTISATION
At 1 January 2014
and 31 December 2014 10,000
NET BOOK VALUE

At 31 December 2014 -
At 31 December 2013 -
SAFFORDS COACHES LIMITED (REGISTERED NUMBER: 01322455)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 1,026,828
Additions 193,445
Disposals (59,550 )
At 31 December 2014 1,160,723
DEPRECIATION
At 1 January 2014 483,289
Charge for year 92,157
Eliminated on disposal (35,460 )
At 31 December 2014 539,986
NET BOOK VALUE
At 31 December 2014 620,737
At 31 December 2013 543,539

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1,000 Ordinary £1 1,000 1,000

Allotted and issued:
Number: Class: Nominal 2014 2013
value: £    £   
50,000 Preference shares £1 - -

5. ULTIMATE PARENT COMPANY

Saffords Holdings Limited is regarded by the directors as being the company's ultimate parent company.

Saffords Holdings Limited, a company registered in England, is the ultimate holding company.

6. RELATED PARTY DISCLOSURES

The directors interests in the share capital of Saffords Holdings Limited are as follows:

Miss T.S. Gillett: 75 ordinary shares

Mrs S.I. Gillett: 25 ordinary shares


Miss T.S. Gillett ultimately control Saffords Coaches Limited due to her majority share holding in Saffords
Holdings Limited.

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