13
RIGHT-OF-USE ASSETS
Right-of-use
assets relate to office space leased by the Group. The amount in respect of leases are as follows:
SCHEDULE OF RIGHT-OF-USE ASSETS, NET
| | |
Properties | |
| | |
USD | |
| At April 1, 2024 | |
| 357,202 | |
| Amortisation | |
| (125,575 | ) |
| Modification adjustment (a) | |
| (5,955 | ) |
| At March 31, 2025 | |
| 225,672 | |
| Addition (b) | |
| 87,768 | |
| Amortisation | |
| (184,649 | ) |
| Modification adjustment (a) | |
| 18,874 | |
| Exchange realignment | |
| (585 | ) |
| At March 31, 2026 | |
| 147,080 | |
| (a) | For
a lease in Monaco, there were rent reviews in February 2025 and 2026 and modification adjustments
were made to account for the change in monthly rent. |
| | |
| (b) | In
April 2025, the Group entered into a lease agreement in United Kingdom which expires in September
2026. |
|