v3.26.1
RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)
 12 Months Ended
Apr. 30, 2026
Right-of-use Assets And Operating Lease Liabilities  
SUMMARY OF OPERATING LEASE RIGHT OF USE ASSETS

The carrying amount of the Company’s right of use assets and the movement during the year are as follows:

 

   2026   2025   2024 
As of May 1  $47,184   $-   $- 
Addition   30,338    53,925    - 
Derecognition upon disposal of Barentsz HK   (44,937)          
Amortization expenses(1)   (19,561)   (6,741)   - 
As of April 30  $13,024   $47,184   $- 

 

 

(1)The right of use assets was amortized over the lease term, i.e. 2 years.
SUMMARY OF OPERATING LEASE LIABILITIES

 

   2026   2025   2024 
As of May 1  $45,325   $-   $- 
Addition   30,338    53,925    - 
Interest   1,147    887    - 
Derecognition upon disposal of Barentsz HK   (43,350)   -    - 
Repayment   (20,436)   (9,487)   - 
As of April 30  $13,024   $45,325   $- 
SCHEDULE OF MATURITY OF LEASE PAYMENTS UNDER OPERATING LEASE LIABILITIES

   2026   2025   2024 
Lease payments within a period of more than one year but not more than two years  $-   $18,974   $- 
Lease payments within one year   13,282    28,462    - 
Less: Interest:   (258)   (2,111)   - 
As of April 30  $13,024   $45,325   $- 
SCHEDULE OF OPERATING LEASES

   April 30, 
   2026   2025   2024 
Weighted average discount rate   5.25%   5.25%   - 
Weighted average remaining lease term (years)   0.67    1.67    -