LEASES (Tables)

3 Months Ended

Apr. 30, 2024

Leases

SCHEDULE OF LEASE COSTS

The following table presents the Trust’s lease costs for the three months ended April 30, 2024:

	For the Three Months Ended April 30, 2024
Operating Lease Costs:
Operating lease cost*		36,309

* Short term lease costs were immaterial.

SCHEDULE OF CASH FLOW INFORMATION

Supplemental cash flow information is as follows:

	For the Three Months Ended April 30, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(1,150	)
Lease obligations:
Operating leases, net	$	2,249,072
Long-term obligations	$	2,223,225

SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES

Weighted average remaining lease terms and discount rates were as follows:

Weighted average remaining lease term (years)	April 30, 2024
Operating leases		32
Weighted average discount rate		4.85	%
Operating leases

SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASE

The aggregate future lease payments for Operating Lease Liability as of April 30, 2024 are as follows:

For the Years Ending January 31,
2025	$	100,766
2026		134,367
2027		134,379
2028		134,391
2029		134,403
Thereafter		3,992,855
Total minimum lease payments	$	4,631,161
Less: amount representing interest		2,382,089
Total present value of minimum payments		2,249,072
Less: current portion	$	25,847
Long term portion of operating lease liability		2,223,225