FIXED ASSETS

3 Months Ended

Jul. 31, 2024

Property, Plant and Equipment [Abstract]

FIXED ASSETS

NOTE 5 – FIXED ASSETS

Fixed assets at July 31 and April 30, 2024 are summarized below:

Fixed Assets	July 31, 2024			April 30, 2024
Diving Vessel	$	-		$	36,390
Magnetometer		-			24,000
Diving Vessel (Boston Whaler)		-			10,800
Diving Vessel (Commander)		137,425			137,425
Accumulated Depreciation		(19,469	)		(64,883	)
Fixed Assets, Net	$	117,956		$	143,742

Depreciation expense was $3,436 and $4,306 for the three month periods ended July 31, 2024 and 2023, respectively.

The Company’s management elected to write off the balance of two of its vessels used in its treasure search and recovery operations. The total amount that was written off net of depreciation was $22,340.