The Rehabilitation Partnership Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05822591 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

The Rehabilitation Partnership Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

156,176

3,172

Investment property

3

125,000

-

281,176

3,172

CURRENT ASSETS

Debtors

53,509

47,706

Cash at bank and in hand

42,254

151,185

95,763

198,891

CREDITORS

Amounts falling due within one year

4

41,628

27,919

NET CURRENT ASSETS

54,135

170,972

TOTAL ASSETS LESS CURRENT LIABILITIES

335,311

174,144

CREDITORS

Amounts falling due after more than one year

4

(101,683

)

-

PROVISIONS FOR LIABILITIES

(1,753

)

(634

)

NET ASSETS

231,875

173,510

CAPITAL AND RESERVES

Called up share capital

5

10

10

Revaluation reserve

1,142

-

Profit and loss account

230,723

173,500

SHAREHOLDERS' FUNDS

231,875

173,510

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

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

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 21 December 2015 and were signed on its behalf by:

Mr J A Hoare - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities

(effective April 2008).

Turnover

Turnover relates to the Vat exempt supply of brain injury case management services and accordingly the

company is not Vat registered and turnover represents gross invoiced sales.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes

in market value is transferred to a revaluation reserve.

In accordance with FRSSE, investment properties are revalued annually by the directors on an open market

basis and the aggregate surplus or deficit is transferred to the revaluation reserve. No depreciation is provided

in respect of freehold property. The directors consider that this accounting policy, which is a departure from

the Companies Act 2006, is necessary to give a true and fair view. Depreciation is only one of the many factors

reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately

identified or quantified.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the balance sheet date. However,

deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the

timing differences are expected to reverse, based on the tax rates and laws that have been enacted by the

balance sheet date.

Pension costs and other post-retirement benefits

The company contributes to employee defined contribution pension schemes. Contributions payable to the

pension schemes are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

12,042

Additions

157,699

At 31 March 2015

169,741

DEPRECIATION

At 1 April 2014

8,870

Charge for year

4,695

At 31 March 2015

13,565

NET BOOK VALUE

At 31 March 2015

156,176

At 31 March 2014

3,172

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

Additions

123,858

Revaluations

1,142

At 31 March 2015

125,000

NET BOOK VALUE

At 31 March 2015

125,000

4.

CREDITORS

Creditors include an amount of £ 107,561 for which security has been given.

They also include the following debts falling due in more than five years:

31/3/15

31/3/14

£

£

Repayable by instalments

78,171

-

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

10

Ordinary

£1

10

10