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Related Party Transactions
9 Months Ended
Jun. 30, 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 nine months ended June 30, 2024, Mr. Anton Mikhalev, the President and a director of the Company, had advanced the Company $11,038 for working capital, received $0 from the Company as repayments. The outstanding balance payable to Anton Mikhalev was $11,038 and $0 as of June 30, 2024 and September 30, 2023, respectively. 

 

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

 

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