TRADE RECEIVABLES, CONTRACT ASSETS, OTHER RECEIVABLES, DEPOSITS AND PREPAYMENT (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
|---|
| Trade Receivables Contract Assets Other Receivables Deposits And Prepayment |
|
| SCHEDULE OF TRADE RECEIVABLES |
SCHEDULE
OF TRADE RECEIVABLES
| | |
At | | |
At | |
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
USD | | |
USD | |
| Trade receivables | |
| 3,398,783 | | |
| 1,394,545 | |
| Less: loss allowance | |
| (1,361,629 | ) | |
| - | |
| Total | |
| 2,037,154 | | |
| 1,394,545 | |
|
| SCHEDULE OF ANALYSIS OF TRADE RECEIVABLES |
An
aging analysis of the trade receivables at the end of the reporting period, based on the invoice date and net of loss provision, is as
follows:
SCHEDULE
OF ANALYSIS OF TRADE RECEIVABLES
| | |
At | | |
At | |
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
USD | | |
USD | |
| Less than 1 month | |
| 643,813 | | |
| 1,219,953 | |
| Between 1 month and 3 months | |
| 312,198 | | |
| 158,350 | |
| Over 3 months | |
| 1,081,143 | | |
| 16,242 | |
| Trade receivables, net | |
| 2,037,154 | | |
| 1,394,545 | |
|
| SCHEDULE OF LOSS ALLOWANCE FOR IMPAIRMENT OF TRADE RECEIVABLES |
The
movements in the loss allowance for impairment of trade receivables, measured at an amount equal to lifetime ECL, are as follows:
SCHEDULE
OF LOSS ALLOWANCE FOR IMPAIRMENT OF TRADE RECEIVABLES
| | |
At | | |
At | |
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
USD | | |
USD | |
| At the beginning of the year | |
| - | | |
| 4,632 | |
| Acquired from acquisitions | |
| 451,449 | | |
| - | |
| Provision for the year | |
| 910,180 | | |
| - | |
| Written off for the year | |
| - | | |
| (1,788 | ) |
| Reversal for the year | |
| - | | |
| (2,844 | ) |
| At the end of the year | |
| 1,361,629 | | |
| - | |
|
| SCHEDULE OF CONTRACT ASSETS |
SCHEDULE OF CONTRACT ASSETS
| | |
At | | |
At | |
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
USD | | |
USD | |
| Subscription revenue | |
| 46,160 | | |
| 750 | |
| Data service revenue | |
| 107,924 | | |
| - | |
| Contract Assets | |
| 154,084 | | |
| 750 | |
|
| SCHEDULE OF PREPAYMENT, DEPOSITS AND OTHER RECEIVABLES |
SCHEDULE
OF PREPAYMENT, DEPOSITS AND OTHER RECEIVABLES
| | |
| |
At | | |
At | |
| | |
Notes | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
| |
USD | | |
USD | |
| Current: | |
| |
| | | |
| | |
| Deposits | |
(a) | |
| 324,846 | | |
| 63,914 | |
| Prepayments | |
(b) | |
| 809,704 | | |
| 351,791 | |
| Deferred fund-raising costs | |
(c) | |
| - | | |
| 650,000 | |
| Other receivables | |
| |
| 49,183 | | |
| 486 | |
| Prepayment, deposits
and other receivables | |
| |
| 1,183,733 | | |
| 1,066,191 | |
| Non-current: | |
| |
| | | |
| | |
| Deposit | |
(a) | |
| - | | |
| 45,463 | |
| (a) |
Current
deposits mainly comprised of deposits for lease of office spaces in different countries and
deposit for investor relation services. Prior year current deposit also included amounts
paid to an employment agency in Germany.
Prior
year non-current deposit of $45,463 represents a deposit for a long-term lease of office space in Monaco.
|
| |
|
| (b) |
The
increase in prepayments as of March 31, 2026 primarily relates to the advance payment of the Directors and Officers (D&O) liability
insurance premium, covering period from January 2025 to December 2026. |
| |
|
| (c) |
As of March 31, 2025, deferred fund-raising costs comprised payments of $400,000 under the Nomas MOU and $250,000
under the Al Noor MOU. This balance increased during the year by $150,000 due to an additional payment made under the Al Noor MOU in June
2025. Following an evaluation of the fundraising activities performed, management determined to expense the entire balance to profit or
loss during the year. |
|
| SCHEDULE OF RELATED PARTY |
SCHEDULE
OF RELATED PARTY
| | |
At | | |
At | |
| | |
March 31, 2026 | | |
March 31, 2025 | |
| | |
USD | | |
USD | |
| Advance to Resulticks Global Companies Pte. Ltd, gross | |
| 6,601,370 | | |
| - | |
| Less: loss allowance | |
| (279,112 | ) | |
| - | |
| Advance to related party, net | |
| 6,322,258 | | |
| - | |
|