v3.25.1
Related Party Transactions
6 Months Ended
Mar. 31, 2025
Related Party Transactions  
Related Party Transactions

Note 6– Related Party Transactions

 

Related Parties

 

Related parties with whom the Company had transactions are:

 

Related Parties

Relationship

Anton Mikhalev

 

President, CEO, Chief Financial Officer, Secretary and Director

Nikita Fenev

 

Shareholder

 

Related party loan

 

During the six months ended March 31, 2025, Mr. Anton Mikhalev, the President and a director of the Company, had advanced the Company $7,000 for working capital, received $0 from the Company as repayments.

 

The outstanding balance payable to Anton Mikhalev was $23,038 as of March 31, 2025 and $16,038 as of September 30, 2024, respectively. 

 

The outstanding balance payable to Nikita Fenev was $17,791 as of March 31, 2025 and September 30, 2024, respectively.

 

Total amount due to related parties was $40,829 as of March 31, 2025 and $33,829 as of September 30, 2024.

 

The loans above are unsecured, non-interest bearing, and due on demand.