LEASE RIGHT-OF-USE ASSET AND LEASE LIABILITIES (Tables)
|
9 Months Ended |
Apr. 30, 2025 |
|---|
| Leases [Abstract] |
|
| SCHEDULE OF INITIAL RECOGNITION OF OPERATING LEASE RIGHT AND LEASE LIABILITY |
The
initial recognition of operating lease right and lease liability as follow:
SCHEDULE OF INITIAL RECOGNITION OF OPERATING LEASE
RIGHT AND LEASE LIABILITY
| | |
As of April 30, 2025 (Unaudited) | | |
As of July 31, 2024 (Audited) | |
| Gross lease payable | |
$ | 107,053 | | |
$ | 107,053 | |
| Less: imputed interest | |
| (9,359 | ) | |
| (9,359 | ) |
| Recognition | |
$ | 97,694 | | |
$ | 97,694 | |
|
| SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET |
As
of April 30, 2025 and July 31, 2024, operating lease right of use asset as follow:
SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSET
| | |
As of April 30, 2025 (Unaudited) | | |
As of July 31, 2024 (Audited) | |
| Initial recognition as of August 1, 2019 | |
$ | 26,772 | | |
$ | 26,772 | |
| Additional portion from July 31, 2020 to June 30, 2021 | |
| 2,719 | | |
| 2,719 | |
| Add: new lease addition from July 1, 2021 to June 30, 2023 | |
| 40,445 | | |
| 40,445 | |
| Add: new lease addition from June 1, 2022 to May 31, 2023 | |
| 9,343 | | |
| 9,343 | |
| Add: new lease addition from June 1, 2023 to July 31, 2023 | |
| 1,534 | | |
| 1,534 | |
| Add: new lease addition from August 1, 2023 to July 31, 2026 | |
| 86,817 | | |
| 86,817 | |
| Accumulated amortization | |
| (128,313 | ) | |
| (105,299 | ) |
| Foreign exchange translation loss | |
| 1,128 | | |
| (3,134 | ) |
| Balance | |
$ | 40,445 | | |
$ | 59,197 | |
|
| SCHEDULE OF OPERATING LEASE LIABILITY |
As
of April 30, 2025 and July 31, 2024, operating lease liability as follow:
SCHEDULE
OF OPERATING LEASE LIABILITY
| |
|
As
of
April
30, 2025
(Unaudited) |
|
|
As
of
July
31, 2024
(Audited) |
|
| Initial
recognition as of August 1, 2019 |
|
$ |
26,772 |
|
|
$ |
26,772 |
|
| Add:
additional portion (increase of leasing fee) |
|
|
2,719 |
|
|
|
2,719 |
|
| Add:
new lease addition from July 1, 2021 to June 30, 2023 |
|
|
40,445 |
|
|
|
40,445 |
|
| Add:
new lease addition from June 1, 2022 to May 31, 2023 |
|
|
9,343 |
|
|
|
9,343 |
|
| Add:
new lease addition from June 1, 2023 to July 31, 2023 |
|
|
1,534 |
|
|
|
1,534 |
|
| Add:
new lease addition from August 1, 2023 to July 31, 2026 |
|
|
86,817 |
|
|
|
86,817 |
|
| Less:
gross repayment |
|
|
(136,652 |
) |
|
|
(110,167 |
) |
| Add:
imputed interest |
|
|
7,121 |
|
|
|
5,064 |
|
| Foreign
exchange translation gain |
|
|
3,560 |
|
|
|
(1,505 |
) |
| Balance |
|
|
41,659 |
|
|
|
61,022 |
|
| Less:
lease liability current portion |
|
|
(33,040 |
) |
|
|
(29,469 |
) |
| Lease
liability non-current portion |
|
$ |
8,619 |
|
|
$ |
31,553 |
|
|
| SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION |
Maturities
of operating lease obligation as follow:
SCHEDULE OF MATURITIES OF OPERATING LEASE OBLIGATION
| Year ending | |
| |
| July 31, 2025 (3 months) | |
$ | 33,040 | |
| July 31, 2026 (12 months) | |
| 8,619 | |
| Total | |
$ | 41,659 | |
|
| SCHEDULE OF OTHER INFORMATION |
Other
information:
SCHEDULE OF OTHER INFORMATION
| | |
2025 | | |
2024 | |
| | |
Period ended April 30 | |
| | |
2025 | | |
2024 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Cash paid for amounts included in the measurement of lease liabilities: | |
| | | |
| | |
| Operating cash flow from operating lease | |
$ | 19,363 | | |
$ | 21,836 | |
| Right-of-use assets obtained in exchange for operating lease liabilities | |
| - | | |
| - | |
| Remaining lease term for operating lease (years) | |
| | | |
| | |
| Lease 1 | |
| - | | |
| - | |
| Lease 2 | |
| - | | |
| - | |
| Lease 3 | |
| 1.5 | | |
| 2.2 | |
| Weighted average discount rate for operating lease | |
| | | |
| | |
| Lease 1 | |
| - | | |
| - | |
| Lease 2 | |
| - | | |
| - | |
| Lease 3 | |
| 6.85 | % | |
| 6.85 | % |
|