Related Party Transactions |
12 Months Ended |
|---|---|
Mar. 31, 2022 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions | Note 6 – 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 March 31, 2022 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 March 31, 2022 and March 31, 2021 was $. The advances from shareholders are unsecured, non-interest bearing, and payable on demand.
Management Compensation Payable
During the years ended March 31, 2022 and 2021, the Company accrued $0 in compensation to be paid to Management for services rendered. The total compensation payable as of March 31, 2022 and 2021 is $17,500.
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