NOTE – 12 CONCENTRATIONS OF RISKS

The Company is exposed to the following concentrations of risks:

For the year ended March 31, 2025, there was a single customer exceeding 10% of the Company’s revenue. This customer is located in Hong Kong, and accounted for 100% of the Company’s revenue amounting to $76,921 with $0 accounts receivable at March 31, 2025.

For the year ended March 31, 2024, there was a single customer exceeding 10% of the Company’s revenue. This customer is located in Hong Kong, and accounted for 100% of the Company’s revenue amounting to $70,296 with $0 accounts receivable at March 31, 2024.

For the year ended March 31, 2025, there was a single vendor exceeding 10% of the Company’s cost of revenue. This vendor accounted for 100% of the Company’s cost of revenue amounting to $46,152 with $0 accounts payable at March 31, 2025.

For the year ended March 31, 2024, there was a single vendor exceeding 10% of the Company’s cost of revenue. This vendor accounted for 100% of the Company’s cost of revenue amounting to $42,177 with $0 accounts payable at March 31, 2024.

The Company’s major operations are conducted in Hong Kong. Accordingly, the political, economic, and legal environments in Hong Kong, as well as the general state of Hong Kong’s economy may influence the Company’s business, financial condition, and results of operations. The Company may also be exposed to the broader global economic conditions.

The present global economic climate with rising global tensions, rising costs and fuel shortage could potentially escalate and result in global inflation that may also impact the Company’s business, financial condition, and results of operations.

The Company cannot guarantee that the current exchange rate will remain steady; therefore, there is a possibility that the Company could post the same amount of profit for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of HKD converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice.

Liquidity risk is the risk that the Company will not be able to meet its financial obligations as they become due. The Company’s policy is to ensure that it has sufficient cash to meet its liabilities when they become due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to the Company’s reputation. A key risk in managing liquidity is the degree of uncertainty in the cash flow projections. This is presently managed through shareholder financial support. If future cash flows are fairly uncertain, the liquidity risk increases.