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Consolidated Balance Sheets - USD ($)
Jul. 31, 2023
Apr. 30, 2023
Apr. 30, 2022
Current Assets      
Cash and equivalents $ 1,612,081 $ 2,569,766 $ 898,061
Accounts receivable 392,330 315,356
Inventories, net 2,871,049 2,978,986 2,320,359
Prepayments 1,083,820 1,547,243 727,654
Loan receivables   4,410,270
Other receivables and other current assets 455,403 550,836 272,052
Total Current Assets 6,703,751 8,285,797 9,057,859
Restricted cash – non-current 1,101 1,101 74,370
Property and equipment, net 620,561 671,463 552,395
Intangible assets 193,804 197,329 15,272
Security deposits 457,491 457,491 301,200
Investment under cost method – related parties 203,440 203,440 203,440
Investment under equity method 1,411,544    
Operating lease right-of-use assets, net 22,036,537 22,545,190 15,895,258
Goodwill 2,222,211 2,222,211
Total Assets 33,850,440 34,584,022 26,099,794
Current Liabilities      
Accounts payable 2,950,695 3,105,592 3,374,532
Note payable 150,000 150,000
Current portion of loan payables 285,489 370,828 498,252
Accrued expenses and other payables 809,001 867,796 1,435,344
Contract liabilities 370,836 449,334 370,929
Operating lease liabilities – current 1,780,559 1,761,182 1,065,852
Income taxes payable 1,081,699 961,034 443,150
Total Current Liabilities 8,139,646 8,372,661 7,542,614
Long-term loan payables 2,545,221 2,561,299 2,796,605
Other long-term payables 110,114 105,637 55,150
Operating lease liabilities – non-current 22,251,277 22,711,760 16,552,469
Deferred tax liability, net 38,649 40,408
Total Liabilities 33,084,907 33,791,765 26,946,838
Commitment and contingencies (Note 17)  
Stockholders’ Equity (Deficit)      
Accumulated retained earnings 417,771 522,710 (729,093)
Total Maison Solutions, Inc. Stockholders’’ Equity 419,371 524,310 (727,493)
Noncontrolling interests 346,162 267,947 (119,551)
Total Stockholders’ Equity (Deficit) 765,533 792,257 (847,044)
Total Liabilities and Stockholders’ Equity 33,850,440 34,584,022 26,099,794
Class A Common Stock      
Stockholders’ Equity (Deficit)      
Common stock, value 1,376 1,376 1,376
Class B Common Stock      
Stockholders’ Equity (Deficit)      
Common stock, value 224 224 224
Related Parties      
Current Assets      
Accounts receivable – related parties 255,073 289,615 409,463
Other receivable – related parties 33,995 33,995 20,000
Current Liabilities      
Accounts payable – related parties 469,782 465,310
Other payables – related parties $ 241,585 $ 241,585 $ 354,555