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Related Party Transactions
12 Months Ended
Sep. 30, 2025
Related Party Transactions  
Related Party Transactions

Note 6 – Related Party Transactions

 

Related Parties

 

Related parties with whom the Company has transactions are:

 

Related Parties

Relationship

Anton Mikhalev

President, CEO, Chief Financial Officer, Secretary and director

Nikita Fenev

 

Shareholder

 

Related party loan

 

During the year ended September 30, 2025, Mr. Anton Mikhalev advanced the Company $10,701.

 

As of September 30, 2025 and 2024, the outstanding balance payable to related party were $44,530 and $33,829 respectively.  The advances are unsecured, non-interest bearing, and due on demand.

 

Related Parties

 

September 30,

2025

 

 

September 30,

2024

 

Anton Mikhalev

 

$26,739

 

 

$16,038

 

Nikita Fenev

 

 

17,791

 

 

 

17,791

 

Total

 

$44,530

 

 

$33,829

 

 

Free Office Space

 

The Company has been provided office space by its President at no cost. Management determined that such cost is nominal and did not recognize the rent expense in its financial statement.