| PROPERTY AND EQUIPMENT |
13.
PROPERTY AND EQUIPMENT
Property and equipment consists of leasehold
improvements and office equipment, which are depreciated using the straight-line method over their estimated useful lives of 5
five years.
No property and equipment additions were made during
the years ended March 31, 2026 and 2025.
Depreciation expense for the years ended March 31,
2026 and 2025 was $5,953 and $5,953, respectively.
SCHEDULE OF PROPERTY AND EQUIPMENT
| Cost | |
Office equipment | | |
Leasehold improvement | | |
Total | |
| | |
$ | | |
$ | | |
$ | |
| Balance
at March 31, 2024 | |
| 16,839 | | |
| 12,928 | | |
| 29,767 | |
| Additions | |
| — | | |
| — | | |
| — | |
| Balance at March
31, 2025 | |
| 16,839 | | |
| 12,928 | | |
| 29,767 | |
| Additions | |
| — | | |
| — | | |
| — | |
| Balance
at March 31, 2026 | |
| 16,839 | | |
| 12,928 | | |
| 29,767 | |
| Accumulated
depreciation | |
Office equipment | | |
Leasehold improvement | | |
Total | |
| | |
$ | | |
$ | | |
$ | |
| 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 | |
| Additions | |
| 3,367 | | |
| 2,586 | | |
| 5,953 | |
| Balance
at March 31, 2026 | |
| 14,776 | | |
| 11,345 | | |
| 26,121 | |
| | |
| | | |
| | | |
| | |
| Net
book value | |
| | | |
| | | |
| | |
| Balance
at March 31, 2025 | |
| 5,430 | | |
| 4,169 | | |
| 9,599 | |
| Balance
at March 31, 2026 | |
| 2,063 | | |
| 1,583 | | |
| 3,646 | |
|