Leases (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
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| Leases [Abstract] |
|
| Schedule of Lease Expenses and Other Information |
For
purposes of calculating lease liabilities for such leases, the Company have consolidated lease and non-lease components. | | | Year ended March 31, | | | | | 2026 | | | 2025 | | | | | US$ | | | US$ | | | Operating lease expenses: | | | | | | | | Amortization of right-of-use assets | | | 171,543 | | | | 157,428 | | | Accretion of lease liabilities | | | 12,780 | | | | 15,870 | | | Total operating lease expense | | | 184,323 | | | | 173,298 | |
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
US$ | | |
US$ | |
| Operating lease expenses: | |
| | |
| |
| Short term lease expenses | |
| 143,880 | | |
| 129,069 | |
| Total operating lease expenses | |
| 184,323 | | |
| 173,298 | |
| | |
| 328,203 | | |
| 302,367 | |
| | | Year ended March 31, | | | | | 2026 | | | 2025 | | | | | US$ | | | US$ | | | Cash paid for amounts included in the measurement of lease liabilities: | | | | | | | | Operating cash flows used in operating lease | | | 186,958 | | | | 170,912 | | | Right-of-use assets obtained in exchange for new operating lease liabilities | | | - | | | | 180,208 | | | Weighted-average remaining lease term – operating | | | 2 years | | | | 2 years | | | Weighted average discount rate – operating | | | 5.625 | % | | | 5.625 | % |
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| Schedule of Components of Operating Lease |
The components of operating lease are as follows:
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
US$ | | |
US$ | |
| Right-of-use assets: | |
| | |
| |
| At the beginning of the year | |
| 328,203 | | |
| 302,367 | |
| Additions | |
| - | | |
| 180,208 | |
| Amortization for the year | |
| (171,543 | ) | |
| (157,428 | ) |
| Exchange adjustments | |
| (2,832 | ) | |
| 3,056 | |
| At the end of the year | |
| 153,828 | | |
| 328,203 | |
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
US$ | | |
US$ | |
| Lease liabilities: | |
| | |
| |
| At the beginning of the year | |
| 327,283 | | |
| 299,086 | |
| New lease for the year | |
| - | | |
| 180,208 | |
| Repayments of principal portion of lease liabilities | |
| (174,178 | ) | |
| (155,042 | ) |
| Exchange adjustments | |
| (2,810 | ) | |
| 3,031 | |
| At the end of the year | |
| 150,295 | | |
| 327,283 | |
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
US$ | | |
US$ | |
| Lease liabilities are classified as: | |
| | |
| |
| Current liabilities | |
| 135,073 | | |
| 175,315 | |
| Non-current liabilities | |
| 15,222 | | |
| 151,968 | |
| | |
| 150,295 | | |
| 327,283 | |
|
| Schedule of Maturity of Leases Liabilities |
The following is a maturity
analysis of the annual undiscounted cash flows for lease liabilities as of March 31, 2025 and 2026:
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
US$ | | |
US$ | |
| Year ending March 31, | |
| | |
| |
| 2026 | |
| - | | |
| 188,178 | |
| 2027 | |
| 139,005 | | |
| 140,552 | |
| 2028 | |
| 15,317 | | |
| 15,488 | |
| Total undiscounted lease payments | |
| 154,322 | | |
| 344,218 | |
| Less: future finance charges | |
| (4,027 | ) | |
| (16,935 | ) |
| | |
| 150,295 | | |
| 327,283 | |
|