Quarterly report pursuant to Section 13 or 15(d)

OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)

v3.21.2
OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)
3 Months Ended
Jul. 31, 2021
Operating Lease Right-of-use Assets And Operating Lease Liabilities  
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES

Right-of- use assets are summarized below:

 

   

July 31,

2021

   

April 30,

2021

 
Operating lease   $ 33,108     $ -  

 

Operating Lease liabilities are summarized below:

 

   

July 31,

2021

   

April 30,

2021

 
Operating lease, current portion   $ 18,153     $ -  
Operating lease, long term portion     14,955       -  
Total lease liability   $ 33,108     $ -  
SCHEDULE OF SUPPLEMENTAL CASH FLOW AND NON-CASH INFORMATION RELATED TO LEASES

The following table includes supplemental cash and non-cash information related to the Company’s lease:

 

    2021     2020  
    Three Months Ended July 31,  
    2021     2020  
Cash paid for amounts included in the measurement of lease liabilities                
Operating cash flows from operating lease   $ 5,000     $ -  
Lease assets obtained in exchange for new operating lease liabilities   $ 37,388     $ -  
SCHEDULE OF FUTURE MINIMUM PAYMENTS REQUIRED UNDER NON-CANCELABLE OPERATING LEASES

Minimum lease payments under non-cancelable operating leases at July 31, 2021 are as follows:

 

         
Year ended April 30, 2022     15,000  
Year ended April 30, 2023     20,600  
 Total   $ 35,600  
Less: imputed interest     (2,492 )
Total present value of lease liability   $ 33,108