2023-04-012024-03-312024-03-31false13161199The Koan Practice Limited2024-10-30iso4217:GBPxbrli:pure131611992023-04-01131611992024-03-31131611992023-04-012024-03-31131611992022-04-01131611992023-03-31131611992022-04-012023-03-3113161199bus:SmallEntities2023-04-012024-03-3113161199bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113161199bus:FullAccounts2023-04-012024-03-3113161199bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113161199core:WithinOneYear2024-03-3113161199core:AfterOneYear2024-03-3113161199core:WithinOneYear2023-03-3113161199core:AfterOneYear2023-03-311316119912023-04-012024-03-3113161199core:ShareCapital2024-03-3113161199core:SharePremium2024-03-3113161199core:RevaluationReserve2024-03-3113161199core:OtherReservesSubtotal2024-03-3113161199core:RetainedEarningsAccumulatedLosses2024-03-3113161199core:ShareCapital2023-03-3113161199core:SharePremium2023-03-3113161199core:RevaluationReserve2023-03-3113161199core:OtherReservesSubtotal2023-03-3113161199core:RetainedEarningsAccumulatedLosses2023-03-3113161199core:LandBuildings2024-03-3113161199core:PlantMachinery2024-03-3113161199core:Vehicles2024-03-3113161199core:FurnitureFittings2024-03-3113161199core:OfficeEquipment2024-03-3113161199core:NetGoodwill2024-03-3113161199core:IntangibleAssetsOtherThanGoodwill2024-03-3113161199core:ListedExchangeTraded2024-03-3113161199core:UnlistedNon-exchangeTraded2024-03-3113161199core:LandBuildings2023-03-3113161199core:PlantMachinery2023-03-3113161199core:Vehicles2023-03-3113161199core:FurnitureFittings2023-03-3113161199core:OfficeEquipment2023-03-3113161199core:NetGoodwill2023-03-3113161199core:IntangibleAssetsOtherThanGoodwill2023-03-3113161199core:ListedExchangeTraded2023-03-3113161199core:UnlistedNon-exchangeTraded2023-03-3113161199core:LandBuildings2023-04-012024-03-3113161199core:PlantMachinery2023-04-012024-03-3113161199core:Vehicles2023-04-012024-03-3113161199core:FurnitureFittings2023-04-012024-03-3113161199core:OfficeEquipment2023-04-012024-03-3113161199core:NetGoodwill2023-04-012024-03-3113161199core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113161199core:ListedExchangeTraded2023-04-012024-03-3113161199core:UnlistedNon-exchangeTraded2023-04-012024-03-3113161199core:MoreThanFiveYears2023-04-012024-03-3113161199core:Non-currentFinancialInstruments2024-03-3113161199core:Non-currentFinancialInstruments2023-03-3113161199dpl:CostSales2023-04-012024-03-3113161199dpl:DistributionCosts2023-04-012024-03-3113161199core:LandBuildings2023-04-012024-03-3113161199core:PlantMachinery2023-04-012024-03-3113161199core:Vehicles2023-04-012024-03-3113161199core:FurnitureFittings2023-04-012024-03-3113161199core:OfficeEquipment2023-04-012024-03-3113161199dpl:AdministrativeExpenses2023-04-012024-03-3113161199core:NetGoodwill2023-04-012024-03-3113161199core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113161199dpl:GroupUndertakings2023-04-012024-03-3113161199dpl:ParticipatingInterests2023-04-012024-03-3113161199dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113161199core:ListedExchangeTraded2023-04-012024-03-3113161199dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113161199core:UnlistedNon-exchangeTraded2023-04-012024-03-3113161199dpl:CostSales2022-04-012023-03-3113161199dpl:DistributionCosts2022-04-012023-03-3113161199core:LandBuildings2022-04-012023-03-3113161199core:PlantMachinery2022-04-012023-03-3113161199core:Vehicles2022-04-012023-03-3113161199core:FurnitureFittings2022-04-012023-03-3113161199core:OfficeEquipment2022-04-012023-03-3113161199dpl:AdministrativeExpenses2022-04-012023-03-3113161199core:NetGoodwill2022-04-012023-03-3113161199core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3113161199dpl:GroupUndertakings2022-04-012023-03-3113161199dpl:ParticipatingInterests2022-04-012023-03-3113161199dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3113161199core:ListedExchangeTraded2022-04-012023-03-3113161199dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3113161199core:UnlistedNon-exchangeTraded2022-04-012023-03-3113161199core:NetGoodwill2024-03-3113161199core:IntangibleAssetsOtherThanGoodwill2024-03-3113161199core:LandBuildings2024-03-3113161199core:PlantMachinery2024-03-3113161199core:Vehicles2024-03-3113161199core:FurnitureFittings2024-03-3113161199core:OfficeEquipment2024-03-3113161199core:AfterOneYear2024-03-3113161199core:WithinOneYear2024-03-3113161199core:ListedExchangeTraded2024-03-3113161199core:UnlistedNon-exchangeTraded2024-03-3113161199core:ShareCapital2024-03-3113161199core:SharePremium2024-03-3113161199core:RevaluationReserve2024-03-3113161199core:OtherReservesSubtotal2024-03-3113161199core:RetainedEarningsAccumulatedLosses2024-03-3113161199core:NetGoodwill2023-03-3113161199core:IntangibleAssetsOtherThanGoodwill2023-03-3113161199core:LandBuildings2023-03-3113161199core:PlantMachinery2023-03-3113161199core:Vehicles2023-03-3113161199core:FurnitureFittings2023-03-3113161199core:OfficeEquipment2023-03-3113161199core:AfterOneYear2023-03-3113161199core:WithinOneYear2023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The Koan Practice Limited

(formerly KOAN PSYCHOTHERAPY & COACHING REFERRAL LIMITED)

Registered Number
13161199
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

The Koan Practice Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Yoko Kirkpatrick

Registered Address

42 High Street Wanstead
London
E11 2RJ

Registered Number

13161199 (England and Wales)
The Koan Practice Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets34,9207,380
Tangible assets4305458
5,2257,838
Current assets
Debtors51,4101,378
Cash at bank and on hand21,10419,382
22,51420,760
Creditors amounts falling due within one year6(22,464)(20,326)
Net current assets (liabilities)50434
Total assets less current liabilities5,2758,272
Creditors amounts falling due after one year7(4,500)(7,500)
Provisions for liabilities8(58)(87)
Net assets717685
Capital and reserves
Called up share capital200200
Profit and loss account517485
Shareholders' funds717685
The financial statements were approved and authorised for issue by the Director on 30 October 2024, and are signed on its behalf by:
Yoko Kirkpatrick
Director
Registered Company No. 13161199
The Koan Practice Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill has been recognised at a fair value and being amortised over its useful life of 5 years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 2312,30012,300
At 31 March 2412,30012,300
Amortisation and impairment
At 01 April 234,9204,920
Charge for year2,4602,460
At 31 March 247,3807,380
Net book value
At 31 March 244,9204,920
At 31 March 237,3807,380
4.Tangible fixed assets

Fixtures & fittings

Total

££
Cost or valuation
At 01 April 23611611
At 31 March 24611611
Depreciation and impairment
At 01 April 23153153
Charge for year153153
At 31 March 24306306
Net book value
At 31 March 24305305
At 31 March 23458458
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables38120
Prepayments and accrued income1,3721,258
Total1,4101,378
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties20,91219,494
Taxation and social security1,552832
Total22,46420,326
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Amounts owed to related parties4,5007,500
Total4,5007,500
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)5887
Total5887