CONCENTRATIONS OF RISK

12 Months Ended

Apr. 30, 2025

Risks and Uncertainties [Abstract]

CONCENTRATIONS OF RISK

NOTE 10 －  CONCENTRATIONS OF RISK

The Company is exposed to the following concentrations of risk:

(a) Cash

The Company maintains cash with banks in the United States of America (“USA”). Should any bank holding cash become insolvent, or if the Company is otherwise unable to withdraw funds, the Company would lose the cash with that bank; however, the Company has not experienced any losses in such accounts and believes it is not exposed to any significant risks on its cash in bank accounts. In the United States, the standard insurance amount is $250,000 per depositor in a bank insured by the Federal Deposit Insurance Corporation (“FDIC”).

Financial instruments that potentially subject the Company to significant concentrations of credit risk are cash. As of April 30, 2025 and 2024, $301,267 and $301,267 of the Company’s cash held by financial institutions were uninsured, respectively.

(b) Major customers

For the years ended April 30, 2025 and 2024, the customers who accounts for 10% or more of the Company’s revenues and its outstanding receivable balances as at year-end dates, are presented as follows:

	For the Year ended April 30, 2025					April 30, 2025
	Revenues		Percentage of revenues			Accounts receivable
Customer A	$	1,072,230		40%		$	501,512
Customer B		972,168		37%			494,500
Customer C		374,880		14%			238,208
TOTAL	$	2,419,278		91%	Total	$	1,234,220

	For the Year ended April 30, 2024					April 30, 2024
	Revenues		Percentage of revenues			Accounts receivable
Customer C	$	385,000		67%		$	–
Customer D		81,745		14%			–
TOTAL	$	466,745		81%	Total	$	–

The Company’s major customers are located in the People’s Republic of China, Hong Kong and the United States of America.

(c) Major vendors

For the years ended April 30, 2025 and 2024, the following vendor accounted for 10% or more of our purchases: 

	For the Year ended April 30, 2025					April 30, 2025
Vendor	Purchases		Percentage of purchases			Accounts payable
Vendor A	$	966,422		86%	Total:	$	–

	For the Year ended April 30, 2024					April 30, 2024
Vendor	Purchases		Percentage of purchases			Accounts payable
Vendor B	$	177,592		92%	Total:	$	–

The Company’s major vendor is located in the United States of America.

(d) Credit risk

Financial instruments that are potentially subject to credit risk consist principally of accounts receivable. The Company believes the concentration of credit risk in its trade receivables is substantially mitigated by its ongoing credit evaluation process and relatively short collection terms. The Company does not generally require collateral from customers. The Company evaluates the need for an allowance for expected credit losses based upon factors surrounding the credit risk of specific customers, historical trends and other information.