PROPERTY AND EQUIPMENT

9 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

11. PROPERTY AND EQUIPMENT

During the year-ended March 31, 2022, the Company purchased leasehold improvements of $12,928 (useful life: 5 years) as well as furniture & fixtures of $16,839 (useful life: 5 years). The Company recognized depreciation expense for these assets in the amount of $1,487 and $4,465 during the three and nine months ended December 31, 2022 (December 31, 2021: $819, $819):

Cost	Office equipment		Leasehold improvement		Total
		$		$		$
Balance at March 31, 2022		16,839		12,928		29,767
Additions		-		-		-
Balance at December 31, 2022		16,839		12,928		29,767

BIOTRICITY INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2022 (Unaudited)

(Expressed in US dollars)

Accumulated depreciation	Office equipment		Leasehold improvement		Total
		$		$		$
Balance at March 31, 2022		1,308		1,000		2,308
Depreciation for Q1		842		647		1,489
Depreciation for Q2		842		647		1,489
Depreciation for Q3		841		646		1,487
Balance at December 31, 2022		3,833		2,940		6,773
Net book value
Balance at March 31, 2022		15,531		11,928		27,459
Balance at December 31, 2022		13,006		9,988		22,994