v3.25.2
PROPERTY AND EQUIPMENT
 12 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

13. PROPERTY AND EQUIPMENT

 

During the year-ended March 31, 2022, the Company purchased leasehold improvements of $12,928 (useful life: 5 years) as well as furniture & fixtures of $16,839 (useful life: 5 years). There were no purchases of property and equipment during the fiscal years ended March 31, 2025, and March 31, 2024. The Company recognized depreciation expense for these assets in the amount of $5,953 and $5,953 during the years ended March 31, 2025 and 2024.

 

Cost 

Office

equipment

  

Leasehold

improvement

   Total 
   $   $   $ 
Balance at March 31, 2023   16,839    12,928    29,767 
Additions   —    —    — 
Balance at March 31, 2024   16,839    12,928    29,767 
Additions   -    -    - 
Balance at March 31, 2025   16,839    12,928    29,767 

 

Accumulated depreciation 

Office

equipment

  

Leasehold

improvement

   Total 
   $   $   $ 
Balance at March 31, 2023   4,675    3,587    8,262 
Additions   3,367    2,586    5,953 
Balance at March 31, 2024   8,042    6,173    14,215 
Additions   3,367    2,586    5,953 
Balance at March 31, 2025   11,409    8,759    20,168 
                
Net book value               
Balance at March 31, 2024   8,797    6,755    15,552 
Balance at March 31, 2025   5,430    4,169    9,599 

 

 

BIOTRICITY INC.

Notes to Consolidated Financial Statements

Years ended March 31, 2025 and 2024

(Expressed in US Dollars)