v3.26.1
Right-of-Use Assets and Lease Liabilities (Tables)
 12 Months Ended
Mar. 31, 2026
Right-of-Use Assets and Lease Liabilities [Abstract]  
Schedule of Leases of Buildings

The Company has entered into leases of office premises, which are used for the Company’s operations. Leases of buildings have lease terms of three years.

 

    2026     2025  
    US$     US$  
Office premises            
Cost:            
At beginning of year     347,020       256,898  
Addition during the year     616,820       345,871  
Early termination of lease     (347,019 )     (257,928 )
Exchange realignment     (2,401 )     2,179  
At end of year     614,420       347,020  
                 
Accumulated depreciation:                
At beginning of year     159,051       221,213  
Early termination of lease     (244,908 )     (222,100 )
Depreciation for the year     240,643       158,800  
Exchange realignment     (1,181 )     1,138  
At end of year     153,605       159,051  
                 
Net carrying amount     460,815       187,969  
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:

 

    2026     2025  
    US$     US$  
At beginning of year     212,689       40,245  
Additions to lease liabilities     616,820       345,871  
Early termination of lease     (118,047 )     (40,407 )
Interest charged     17,777       7,702  
Payment made     (189,802 )     (141,821 )
Exchange realignment     (2,874 )     1,099  
At end of year     536,563       212,689  
Schedule of Consolidated Statement of Financial Position

Represented by: 

 

    2026     2025  
    US$     US$  
Current liabilities     353,221       189,821  
Non-current liabilities     183,342       22,868  
Total     536,563       212,689  
Schedule of Reconciliation of Liabilities arising from Financing Activities

Reconciliation of liabilities arising from financing activities

 

    Lease
liabilities		  
    US$  
Balance as of April 1, 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  
Changes from financing cash flow        
Lease payment     (189,802 )
Interest paid     17,777  
Total changes from financing cash flow     (172,025 )
Other changes        
Addition to lease liabilities     616,820  
Early termination of a lease     (118,047 )
Exchange realignments     (2,874 )
Total other changes     495,899  
Balance as of March 31, 2026     536,563  
Schedule of Maturity Analysis of the Company’s Non-Cancellable Lease Obligations

The maturity analysis of the Company’s non-cancellable lease obligations as of March 31, 2026 is as follows: 

 

    Lease
liabilities		  
    USD  
Year ending March 31, 2027   $ 372,059  
Year ending March 31, 2028     186,030  
Total undiscounted lease obligations     558,089  
Less: imputed interest     (21,526 )

Lease liabilities recognized in the consolidated statement of financial position

   $ 536,563  

 

 Company’s non-cancellable lease obligations as of March 31, 2025 is as follows: 

 

    Lease
liabilities		  
    USD  
Year ending March 31, 2026   $ 193,555  
Year ending March 31, 2027     22,961  
Total undiscounted lease obligations     216,516  
Less: imputed interest     (3,827 )
Lease liabilities recognized in the consolidated statement of financial position   $ 212,689