LEASES (Tables)

9 Months Ended

Oct. 31, 2024

Leases

SCHEDULE OF LEASE COSTS

The following table presents the Trust’s lease costs for the nine months ended October 31, 2024:

	For the Nine Months Ended
	October 31, 2024
Operating Lease Costs:
Operating lease cost*		108,929

* Short term lease costs were immaterial.

SCHEDULE OF CASH FLOW INFORMATION

Supplemental cash flow information is as follows:

  

	For the Nine Months Ended
	October 31, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(3,452	)
Lease obligations:
Operating leases, net	$	2,236,306
Long-term obligations	$	2,216,563

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)	October 31, 2024
Operating leases		31
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 October 31, 2024 are as follows:

For the Period Ending July 31,
2025	$	33,589
2026		134,367
2027		134,379
2028		134,391
2029		134,403
Thereafter		3,992,854
Total minimum lease payments	$	4,563,983
Less: amount representing interest		2,327,677
Total present value of minimum payments		2,236,306
Less: current portion	$	19,743
Long term portion of operating lease liability		2,216,563