Related Party Transactions |
6 Months Ended |
|---|---|
Sep. 30, 2021 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Note 5 – Related Party Transactions
Advances
From time to time, the Company has received advances from its chief executive officer to meet short-term working capital needs. As of September 30, 2021 and March 31, 2021, a total of $78,270 in advances from related parties are outstanding. These advances are unsecured, bear no interest, and do not have formal repayment terms or arrangements.
Free Office Space
The Company has been provided office space by its Chief Executive Officer at no cost. The management determined that such cost is nominal and did not recognize the rent expense in its financial statement.
Shareholder Advances
The balance owed to shareholders as of September 30, 2021 and March 31, 2021 was $. The advances from shareholders are unsecured, non-interest bearing, and payable on demand.
Management Compensation Payable
The total compensation payable as of September 30, 2021 and March 31, 2021 is $17,500. The Company accrued $0 in compensation to be paid to Management for services rendered during the six-months ended September 30, 2021 and 2020.
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