10.
AMOUNT DUE TO RELATED PARTY
SCHEDULE OF DUE TO RELATED PARTIES
| | |
As
of July
31, 2026 | | |
As
of July
31, 2025 | |
| | |
(Audited) | | |
(Audited) | |
| Hsieh, Chang-Chung1 | |
| 93,176 | | |
| 93,176 | |
| Tien
Mu International Co., Ltd2 | |
| 3,337 | | |
| 3,337 | |
| Total
amounts due to related parties | |
$ | 96,513 | | |
$ | 96,513 | |
| 1 |
Hsieh,
Chang-Chung was the Chief Financial Officer (“Principal Financial Officer”, “Principal Accounting Officer”)
of the Company, and the amount represents the salary expense accrued. On November 1, 2022, Mr. Hsieh resigned as Chief Financial
Officer of the Company. |
| |
|
| 2 |
Tien
Mu International Co., Ltd is owned by Ms. Niu Yen-Yen, the Director and Chief Executive Officer of the Company. The amount due represents
general and administrative expenses paid on behalf by the related party. |
The
amounts due to related party are unsecured, interest-free and repayable on demand and for working capital purpose.
VANGUARD
GREEN INVESTMENT LIMITED
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS
FOR
THE YEARS ENDED JULY 31, 2026 AND 2025
(Currency
expressed in United States Dollars (“US$”), except for number of shares)
|