Related Party Transactions |
12 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Party Transactions | |
| Related Party Transactions | 3. Related Party Transactions
Till June 30, 2022, president of the company contributed $61,581 towards the Company operating expenses.
During the three months ended September 30, 2022, president of the company contributed $4,000 towards the Company operating expenses.
During the three months ended December 31, 2022, president of the company contributed $7,800 towards the Company operating expenses.
During the three months ended March 31, 2023, president of the company contributed $6,416 towards the Company operating expenses.
During the three months ended June 30, 2023, the company borrowed $9,468 from the President and Director of the Company, towards company operating expenses and $47,241 towards purchase of inventory.
During the three months ended September 30, 2023, president of the company contributed $12,030 towards the Company operating expenses and $8,013 towards purchase of inventory.
During the three months ended December 31, 2023, president of the company contributed $16,700 towards the Company operating expenses and $13,712 towards purchase of inventory.
During the three months ended March 31, 2024, president of the company contributed $10,333 towards the Company operating expenses and $ 7,903 towards purchase of inventory.
During the three months ended June 30, 2024, president of the company contributed $750 towards the Company operating expenses.
During the three months ended September 30, 2024 president of the company contributed $12,834 towards company operating expenses.
During the three months ended December 31, 2024 president of the company contributed $3,658 towards company operating expenses.
During the three months ended March 31, 2025 president of the company contributed $8,468 towards company operating expenses.
During the three months ended June 30, 2025 president of the company contributed $4,037 towards company operating expenses.
During the three months ended September 30, 2025 president of the company contributed $10,863 towards company operating expenses.
During the three months ended December 31, 2025 president of the company contributed $18,677 towards company operating expenses.
During the three months ended March 31, 2026 president of the company contributed $10,870 towards company operating expenses.
During the three months ended June 30, 2026 president of the company contributed $11,665 towards company operating expenses.
As at June 30, 2026, the Company owed $287,019 (June 30, 2025 - $234,944) to the President and Director of the Company. The amounts owing are unsecured, non-interest bearing and due on demand. Of the advances during the year ended June 30, 2026, $51,976 represented vendor invoices paid directly by the President on behalf of the Company. |