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Prepayments
12 Months Ended
Apr. 30, 2023
Prepayments [Abstract]  
Prepayments

4. Prepayments

 

   April 30
2023
   April 30,
2022
 
         
Prepayment for inventory purchases  $1,547,243   $656,917 
Prepaid expense – services provider       70,737 
Total prepayments  $1,547,243   $727,654 

 

As of April 30, 2023, the prepayment mainly consists of $1,527,243 paid to XHJC Holding Inc which is the Company’s new centralized vendor and $20,000 paid to GF distribution, the Company’s major vendor.

 

As of April 30, 2022, the $656,917 prepayment is the amount the company paid to XHJC Holding Inc. This vendor requires approximately one month prepayment for purchases. The prepayment balance, as of April 30, 2022, was used for the Company’s May 2022 purchase. The $70,737 prepaid expense is the amount the Company paid to its insurance company to purchase next term general liability insurance.