v3.25.2
Leases (Tables)
 12 Months Ended
Feb. 28, 2025
Leases  
Schedule of non-cancellable lease contracts

As of February 28, 2025, the Company had the following non-cancellable lease contracts:

 

Description of lease   Lease term
Office lease at 12 Mohamed Sultan Road #04-01 Singapore 238961   2 years
Photocopier machine   5 years
Schedule of consolidated balance sheet

(a) Amount recognized in the consolidated balance sheet:

 

    As of February 29, 2024     As of February 28, 2025     As of February 28, 2025  
    S$     S$     US$  
                   
Right-of-use assets     61,401       23,252       17,232  
                         
Lease liabilities                        
Current     38,150       20,463       15,165  
Non-current     23,251       2,789       2,067  
 Operating Lease Liabilities     61,401       23,252       17,232  
Summary of lease cost

(b) A summary of lease cost recognized in the Company’s consolidated statements of operations is as follows:

 

    Year ended
February 29, 2024		     Year ended
February 28, 2025		     Year ended
February 28, 2025		  
    S$     S$     US$  
                   
Operating lease expenses     20,987       40,464       29,988  
Schedule of maturities of lease liabilities

Future minimum lease payments under non-cancellable operating lease agreements as of February 28, 2025 were as follows:

 

    Minimum lease payment  
    S$     US$  
Twelve months ending February 28,            
2026     20,940       15,519  
2027     1,416       1,049  
2028     1,416       1,049  
2029 onwards     118       88  
                 
Total future minimum lease payments     23,890       17,705  
Less imputed interest     (638 )     (473 )
Present value of operating lease liabilities     23,252       17,232  
Less: current portion     (20,463 )     (15,165 )
Long-term portion     2,789       2,067  
Schedule of other supplemental information leases

The following summarizes other supplemental information about the Company’s lease as of February 29, 2024 and February 28, 2025:

 

    As of February 29, 2024     As of February 28, 2025  
Weighted average discount rate     5.25 %     5.25 %
Weighted average remaining lease term     5.58 years       3.58 years