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LEASES (Table)
3 Months Ended
Jul. 31, 2024
LEASES  
Summary of Lease obligations

 

 

Discount

 

 

 

July 31,

 

 

April 30,

 

 

 

Rate

 

Maturity

 

2024

 

 

2024

 

Current

 

6.13% - 10.51%

 

March 2027 - July 2029

 

$44,675

 

 

$43,710

 

Non-current

 

6.13% - 10.51%

 

March 2027 - July 2029

 

 

134,623

 

 

 

146,186

 

 

 

 

 

 

 

$179,298

 

 

$189,896

 

Summarizes the maturity of our lease liabilities

Balance - April 30, 2023

 

$113,604

 

Lease liability additions

 

 

111,960

 

Repayment of Lease liability

 

 

(51,447)

Imputed interest

 

 

15,779

 

Balance - April 30, 2024

 

$189,896

 

Lease liability additions

 

 

-

 

Repayment of Lease liability

 

 

(14,529)

Imputed interest

 

 

3,931

 

Balance - July 31, 2024

 

$179,298

 

 

Year Ended April 30,

 

 

 

2025

 

$43,588

 

2026

 

 

58,118

 

2027

 

 

55,247

 

2028

 

 

23,661

 

Thereafter

 

 

29,722

 

Total lease payments

 

 

210,336

 

Less: imputed interest

 

 

(31,038)

Lease liabilities

 

$179,298

 

Summary of Right-of-use assets

Balance - April 30, 2023

 

$129,367

 

Additions

 

 

121,960

 

Depreciation

 

 

(42,010)

Balance - April 30, 2024

 

$209,317

 

Additions

 

 

-

 

Depreciation

 

 

(12,046)

Balance - July 31, 2024

 

$197,271