Trade and Other Receivables

12 Months Ended

Mar. 31, 2026

8.	Trade and other receivables

	March 31, 2025			March 31, 2026
		US$			US$
Trade receivables – third parties		1,199,983			1,810,275
Less: Allowance for expected credit losses of trade receivables – third parties		(10,079	)		(37,773	)
		1,189,904			1,772,502
Other receivables:
– third parties		2,271			5,862
Deposits		68,760			68,840
Prepayments		43,545			54,099
VAT refundable		316,530			163,968
Less: Allowance for expected credit losses for non-trade receivables		(123,193	)		(32,794	)
		1,497,817			2,032,477

Trade receivables are unsecured, non-interest bearing and are generally on 30 to 90 days’ (2025: 30 to 90 days) credit terms.

The movement in allowance for expected credit losses of trade receivables — third parties computed based on lifetime ECL was as follows:

	March 31, 2025		March 31, 2026
		US$		US$
At beginning of financial year		10,079		10,079
Provision for expected credit losses		—		27,694
At beginning and end of financial year		10,079		37,773

The movement in allowance for expected credit losses of non-trade receivables was as follows:

	March 31, 2025		March 31, 2026
		US$		US$
At beginning of financial year		52,005		123,193
Provision for expected credit losses		71,188		15,894
Reversal of provision for expected credit losses		—		(106,293	)
At beginning and end of financial year		123,193		32,794

The currency profiles of the Company’s trade and other receivables as at the end of each reporting period are as follows: