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RELATED PARTIES BALANCES AND TRANSACTIONS
12 Months Ended
Jul. 31, 2025
Related Party Transactions [Abstract]  
RELATED PARTIES BALANCES AND TRANSACTIONS

NOTE 5 – RELATED PARTIES BALANCES AND TRANSACTIONS

 

Due to related parties consists of: 

                
         July 31,   July 31, 
Name  Relationship  Transaction Nature  2025   2024 
RQS Capital  61.89% shareholder  Company cash collection due to RQS Capital  $   $2,271 
TOTAL        $   $2,271 

  

This liability is unsecured, non-interest bearing, and due on demand.

 

Employment agreements with officers and director retainer agreements

 

Tianci currently maintains three employment agreements with its officers and seven director retainer agreements with its directors. The agreements have terms of 3 years and each provides for monthly compensation in amounts ranging from $1,300 per month to $8,000 per month as of July 31, 2025.

 

For the years ended July 31, 2025 and 2024, the Company incurred management compensation expenses of $253,500 and $232,800, respectively. These amounts are included in “general and administrative expenses” in the accompanying consolidated statements of operations.