The Rehabilitation Partnership Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05822591 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

The Rehabilitation Partnership Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

152,540

156,176

Investment property

3

125,000

277,540

281,176

CURRENT ASSETS

Debtors

43,017

53,509

Cash at bank and in hand

98,463

42,254

141,480

95,763

CREDITORS

Amounts falling due within one year

4

38,576

41,628

NET CURRENT ASSETS

102,904

54,135

TOTAL ASSETS LESS CURRENT
LIABILITIES

380,444

335,311

CREDITORS

Amounts falling due after more than one
year

4

(95,614

)

(101,683

)

PROVISIONS FOR LIABILITIES

(1,357

)

(1,753

)

NET ASSETS

283,473

231,875

CAPITAL AND RESERVES

Called up share capital

5

10

Revaluation reserve

1,142

Profit and loss account

282,321

230,723

SHAREHOLDERS' FUNDS

283,473

231,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 16 December 2016 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 January

2015).

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 2015

169,741

Additions

2,286

At 31 March 2016

172,027

DEPRECIATION

At 1 April 2015

13,565

Charge for year

5,922

At 31 March 2016

19,487

NET BOOK VALUE

At 31 March 2016

152,540

At 31 March 2015

156,176

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2015

and 31 March 2016

125,000

NET BOOK VALUE

At 31 March 2016

125,000

At 31 March 2015

125,000

4.

CREDITORS

Creditors include an amount of £ 101,628 (31/3/15 - £ 107,561 ) for which security has been given.

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

31/3/16

31/3/15

£

Repayable by instalments

71,560

78,171

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

10

Ordinary

£1

10