Right-of-Use Assets and Lease Liabilities (Tables)
|
12 Months Ended |
Mar. 31, 2025 |
|---|
| Right-of-Use Assets and Lease Liabilities [Abstract] |
|
| Schedule of Leases of Buildings |
The Company has entered into leases
of buildings, which are used for the Company’s operations. Leases of buildings have lease terms of three years.
| | |
2025 | | |
2024 | |
| | |
US$ | | |
US$ | |
| Land and buildings | |
| | |
| |
| Cost: | |
| | |
| |
| At beginning of year | |
| 256,898 | | |
| 253,373 | |
| Addition during the year | |
| 345,871 | | |
| — | |
| Early termination of lease | |
| (257,928 | ) | |
| — | |
| Exchange realignment | |
| 2,179 | | |
| 3,525 | |
| At end of year | |
| 347,020 | | |
| 256,898 | |
| | |
| | | |
| | |
| Accumulated depreciation: | |
| | | |
| | |
| At beginning of year | |
| 221,213 | | |
| 132,442 | |
| Early termination of lease | |
| (222,100 | ) | |
| — | |
| Depreciation for the year | |
| 158,800 | | |
| 85,631 | |
| Exchange realignment | |
| 1,138 | | |
| 3,140 | |
| At end of year | |
| 159,051 | | |
| 221,213 | |
| | |
| | | |
| | |
| Net carrying amount | |
| 187,969 | | |
| 35,685 | |
|
| Schedule of Carrying Amounts of Lease Liabilities and the Movements |
Set out below are the carrying amounts of lease liabilities
and the movements during the years:
| | |
2025 | | |
2024 | |
| | |
US$ | | |
US$ | |
| At beginning of year | |
| 40,245 | | |
| 133,279 | |
| Additions to lease liabilities | |
| 345,871 | | |
| — | |
| Early termination of lease | |
| (40,407 | ) | |
| — | |
| Interest charged | |
| 7,702 | | |
| 4,241 | |
| Payment made | |
| (141,821 | ) | |
| (97,715 | ) |
| Exchange realignment | |
| 1,099 | | |
| 440 | |
| At end of year | |
| 212,689 | | |
| 40,245 | |
|
| Schedule of Consolidated Statement of Financial Position |
Represented by:
| | |
2025 | | |
2024 | |
| | |
US$ | | |
US$ | |
| Current liabilities | |
| 189,821 | | |
| 40,245 | |
| Non-current liabilities | |
| 22,868 | | |
| — | |
| Total | |
| 212,689 | | |
| 40,245 | |
|
| Schedule of Reconciliation of Liabilities arising from Financing Activities |
Reconciliation of liabilities arising from financing activities
| | |
Lease
liabilities | |
| | |
US$ | |
| Balance as of April 1, 2023 | |
| 133,279 | |
| Changes from financing cash flow | |
| | |
| Lease payment | |
| (97,715 | ) |
| Interest paid | |
| 4,241 | |
| Total changes from financing cash flow | |
| (93,474 | ) |
| Other changes | |
| | |
| Exchange realignments | |
| 440 | |
| Total other changes | |
| 440 | |
| Balance as of March 31, 2024 | |
| 40,245 | |
| Changes from financing cash flow | |
| | |
| Lease payment | |
| (141,821 | ) |
| Interest paid | |
| 7,702 | |
| Total changes from financing cash flow | |
| (134,119 | ) |
| Other changes | |
| | |
| Addition to lease liabilities | |
| 345,871 | |
| Early termination of a lease | |
| (40,407 | ) |
| Exchange realignments | |
| 1,099 | |
| Total other changes | |
| 306,563 | |
| Balance as of March 31, 2025 | |
| 212,689 | |
|