REGISTERED NUMBER: 07291153 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

ONE REHAB LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G D Knappett

B J Knappett

R Knappett

Mrs H Knappett

Mrs L Knappett

N J Knappett

Mrs S Knappett

Mrs S R Knappett

SECRETARY:

G D Knappett

REGISTERED OFFICE:

Deer Barn Farm Shillinglee Road

Chiddingfold

Godalming

Surrey

GU8 4SX

REGISTERED NUMBER:

07291153 (England and Wales)

ACCOUNTANTS:

Lewis Brownlee (Chichester) Limited

Chartered Accountants

Appledram Barns

Birdham Road

Chichester

West Sussex

PO20 7EQ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

66,580

68,767

66,580

68,767

CURRENT ASSETS

Stocks

2,325,471

2,683,284

Debtors

6

2,389,771

2,480,108

Cash at bank

2,545,251

1,469,419

7,260,493

6,632,811

CREDITORS

Amounts falling due within one year

7

3,287,402

2,496,289

NET CURRENT ASSETS

3,973,091

4,136,522

TOTAL ASSETS LESS CURRENT LIABILITIES

4,039,671

4,205,289

PROVISIONS FOR LIABILITIES

11,875

22,000

NET ASSETS

4,027,796

4,183,289

CAPITAL AND RESERVES

Called up share capital

25

25

Retained earnings

4,027,771

4,183,264

4,027,796

4,183,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

G D Knappett - Director

1.	STATUTORY INFORMATION

One Rehab Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these Financial Statements are rounded to the nearest £1.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is recognised to the extent that is it probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or accruing excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of Goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership;

- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, was amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

The assets' residual values, useful lives and deprecation method are reviewed and adjusted prospectively if appropriate, or if there I an indication of a significant change since the last reporting date.

De-recognition

Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.The average method is used for determining the cost value of stock.

Financial instruments

Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method, unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leasing commitments

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

Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amount payable by the company to the fund in respect of the year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

187,400

AMORTISATION

At 1 June 2024

and 31 May 2025

187,400

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

36,622

14,680

244,725

33,384

329,411

Additions

-

-

39,000

-

39,000

At 31 May 2025

36,622

14,680

283,725

33,384

368,411

DEPRECIATION

At 1 June 2024

31,619

14,680

183,535

30,810

260,644

Charge for year

2,011

-

37,074

2,102

41,187

At 31 May 2025

33,630

14,680

220,609

32,912

301,831

NET BOOK VALUE

At 31 May 2025

2,992

-

63,116

472

66,580

At 31 May 2024

5,003

-

61,190

2,574

68,767

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,753,629

1,745,385

Other debtors

636,142

734,723

2,389,771

2,480,108

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

107,136

134,556

Taxation and social security

658,057

293,551

Other creditors

2,522,209

2,068,182

3,287,402

2,496,289

8.	RELATED PARTY DISCLOSURES

The company rent premises from Falcon Supplies, a partnership controlled by R Knappett, Mrs S Knappett, B Knappett, G Knappett and N Knappett for its warehousing and offices on normal commercial terms and on an arm's length basis.

9.	ULTIMATE CONTROLLING PARTY

The directors consider that no one shareholder controls the company and no shareholder holds more than 20% of the issued share capital of the company.