Contract assets/liabilities (Tables)
|
12 Months Ended |
Apr. 30, 2026 |
|---|
| Contract Assetsliabilities |
|
| Schedule of contract assets/liabilities |
Schedule
of contract assets/liabilities
| | |
April 30, 2025 | | |
April 30, 2026 | | |
April 30, 2026 | |
| | |
SGD | | |
SGD | | |
USD | |
| | |
| | |
| | |
| |
| Contract assets | |
| 4,210,736 | | |
| 5,859,977 | | |
| 4,600,390 | |
| Less: Allowance for expected credit losses | |
| (18,117 | ) | |
| (46,348 | ) | |
| (36,386 | ) |
| Contract assets | |
| 4,192,619 | | |
| 5,813,629 | | |
| 4,564,004 | |
| | |
| | | |
| | | |
| | |
| Contract liabilities | |
| 153,113 | | |
| 1,312,679 | | |
| 1,030,522 | |
|
| Schedule of contract assets |
The
Group’s contract assets are analyzed as follows:
Schedule
of contract assets
| | |
April 30, 2025 | | |
April 30, 2026 | | |
April 30, 2026 | |
| | |
SGD | | |
SGD | | |
USD | |
| | |
| | |
| | |
| |
| Retention receivables | |
| 1,204,920 | | |
| 2,195,666 | | |
| 1,723,713 | |
| Others* | |
| 3,005,816 | | |
| 3,664,311 | | |
| 2,876,677 | |
| Contract assets | |
| 4,210,736 | | |
| 5,859,977 | | |
| 4,600,390 | |
| * |
It
represents the revenue not yet billed to the customers which the Group has completed the relevant services under such contracts but
yet certified by representatives appointed by the customers. |
|
| Schedule of allowance for expected credit losses of contract assets |
The
movement in allowance for expected credit losses of contract assets computed based on lifetime ECL was as follows:
Schedule
of allowance for expected credit losses of contract assets
| | |
April 30, 2025 | | |
April 30, 2026 | | |
April 30, 2026 | |
| | |
SGD | | |
SGD | | |
USD | |
| Contract assets | |
| | | |
| | | |
| | |
| At beginning of financial year | |
| 3,303 | | |
| 18,117 | | |
| 14,223 | |
| Addition | |
| 14,814 | | |
| 28,231 | | |
| 22,163 | |
| At end of financial year | |
| 18,117 | | |
| 46,348 | | |
| 36,386 | |
|
| Schedule of amount of revenue contract liabilities |
Set
out below is the amount of revenue recognized from:
Schedule
of amount of revenue contract liabilities
| | |
April 30, 2025 | | |
April 30, 2026 | | |
April 30, 2026 | |
| | |
SGD | | |
SGD | | |
USD | |
| | |
| | |
| | |
| |
| Amounts included in contract liabilities at the beginning of the year | |
| 581,767 | | |
| 153,113 | | |
| 120,202 | |
| Performance obligations satisfied in previous years | |
| - | | |
| - | | |
| - | |
|
| Schedule of transaction price allocated to remaining performance obligations |
Management
expects that the transaction price allocated to remaining unsatisfied (or partially unsatisfied) performance obligations as at April
30, 2025 and 2026 may be recognized as revenue in the next reporting periods as follows:
Schedule
of transaction price allocated to remaining performance obligations
| | |
April 30, 2026 | | |
April 30, 2027 | | |
April 30, 2028 | | |
April 30, 2029 | |
|
April 30, 2030 |
|
| | |
SGD | | |
SGD | | |
SGD | | |
SGD | |
|
SGD |
|
| Unsatisfied and partially unsatisfied performance obligations as at: | |
| | | |
| | | |
| | | |
| | |
|
|
|
|
| April 30, 2026 | |
| - | | |
| 30,730,757 | | |
| 29,162,223 | | |
| 18,206,493 | |
|
|
6,925,000 |
|
| April 30, 2025 | |
| 18,810,005 | | |
| 15,951,564 | | |
| 15,562,861 | | |
| 6,730,809 | |
|
|
- |
|
|