Related Party Transactions

6 Months Ended

Mar. 31, 2024

Related Party Transactions

Related Party Transactions

Note 6 - Related Party Transactions

Related Parties

Related parties with whom the Company had transactions are:

Related Parties	Relationship
Anton Mikhalev	President
Nikita Fenev	Shareholder

Related party loan

During the six months ended March 31, 2024, Mr. Anton Mikhalev, the President and a director of the Company, had advanced the Company $5,336 for working capital, received $0 from the Company as repayments. The outstanding balance payable to Anton Mikhalev was $5,336 and $0 as of March 31, 2024 and September 30, 2023, respectively. 

The outstanding balance payable to Nikita Fenev was $17,791 as of March 31, 2024 and September 30, 2023.

The loans above are unsecured, non-interest bearing, and due on demand.