v3.25.2
Right-of-use assets
12 Months Ended
Mar. 31, 2025
Alps Life Science Inc [Member]  
IfrsStatementLineItems [Line Items]  
Right-of-use assets

 

6. Right-of-use assets

 

Information about leases for which the Group is lessees are presented below:

 Schedule of right of use assets 

   Office premises 
   USD 
Cost    
As at 1 April 2023   1,170,590 
Additions   447,201 
Derecognition arising from lease termination   (138,528)
Exchange difference   (82,533)
      
As at 31 March 2024/1 April 2024   1,396,730 
Additions   921,737 
Derecognition arising from lease termination   (269,876)
Exchange difference   103,211 
      
As at 31 March 2025   2,151,802 
      
Accumulated amortisation     
As at 1 April 2023   703,075 
Charge for the financial year   403,019 
Derecognition arising from lease termination   (138,528)
Exchange difference   (50,959)
      
As at 31 March 2024/1 April 2024   916,607 
Charge for the financial year   500,144 
Derecognition arising from lease termination   (269,876)
Exchange difference   64,772 
      
As at 31 March 2025   1,211,647 
      
Carrying amount     
      
As at 31 March 2025   940,155 
      
As at 31 March 2024   480,123 

 

The Group leases office premises, some of which include options to extend or terminate the leases. Management has assessed these options on a lease-by-lease basis and has excluded extension periods and early termination clauses from the lease term where it is not reasonably certain that the respective options will be exercised. Accordingly, the related lease liabilities and right-of-use assets have been measured based on the lease term excluding such optional periods.

 

Cilo Cybin Holdings Limited [member]  
IfrsStatementLineItems [Line Items]  
Right-of-use assets

3. RIGHT-OF-USE ASSET

 Right-of-use assets

 

Details pertaining to leasing arrangements, where the company is lessee are presented below.

Schedule of right of use assets

 

    Buildings    Total 
           
Balance at 1 April 2024   -    - 
At cost   -    - 
Accumulated depreciation   -    - 
Carrying amount as at 1 April 2024   -    - 
           
Movements for the year ended 31 March 2025          
Additions   4,045,635    4,045,635 
Depreciation raised   (337,136)    (337,136) 
Property, plant and equipment at the end of the year   3,708,499    3,708,499 

 

Depreciation recognised on right-of-use assets

 

Depreciation recognised on each class of right-of-use assets, is presented below. It includes depreciation which has been expensed in the total depreciation charge in profit or loss note, as well as depreciation which has been capitalised to the cost of other assets.

 

Depreciation raised   (337,136)    (337,136) 

 

Please refer note 7 for details of the lease.