This paper presents the analysis of a time reversal process for $A_0$ Lamb wave mode($A_0$ mode) on a rectangular plate. The dispersion characteristic equation of the $A_0$ mode is approximated using the Timoshenko beam theory. A virtual sensor array model is developed to consider the effects of reflections occurring on the plate boundary on the time reversal process. The time reversal process is formulated in the frequency domain using the virtual sensor array model. The reconstructed signal is obtained in the time domain through an inverse fast Fourier transform. The validity of the proposed method is demonstrated through the comparison to the numerical simulation results computed by the finite element analysis.