Intangible Assets Disclosure

12 Months Ended

Aug. 31, 2024

Notes

Intangible Assets Disclosure

NOTE 6. INTANGIBLE ASSETS

The Company retained the following intangible assets as at August 31, 2024 and 2023:

Asset	Description	August 31, 2024		August 31, 2023
					(Restated)
Intangible asset	Nitches software app	$	-		$	11,900
Intangible asset	Tover whisky brand		-			21,000
Accumulated amortization			-			(3,220)
Total		$	-		$	29,680

During the year ending August 31, 2024, the Company determined that expenditure on the Nitches software app and Tover whisky brand should have been expensed rather than capitalized. The items were, therefore, fully expensed during the year ending August 31, 2024, with charges to the Statement of Operations for the year of $2,380 for amortization and $27,300 for write-off of intangible assets as expense, and $2,380 charged to the Statement of Operations for amortization for the year ending August 31, 2023.