{"url_path":"/sec/cik-0002071489/10-k/2026/item-1","section_key":"item-1","section_title":"Item 1 Financial Statements**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/2071489/0001493152-26-030051-index.html","accession_number":"0001493152-26-030051","cik":"0002071489","ticker":null,"issuer_name":"Yellowstone Group Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2071489/0001493152-26-030051-index.html","primary_entity_key":"0002071489","primary_entity_name":"Yellowstone Group Ltd."},"word_count":3672,"has_tables":true,"body_markdown":"**Item\n1. Financial Statements**\n\n \n\n**YELLOWSTONE GROUP LTD**\n\n**BALANCE SHEETS**\n\n \n\n  \nAs of  \nAs of \n\n  \nMarch 31, 2026  \nMarch 31, 2025 \n\n  \n   \n  \n\nASSETS \n    \n   \n\nCurrent assets \n    \n   \n\nCash and cash equivalents \n$56,936  \n$8,455 \n\nPrepayment and deposit \n$1,336  \n - \n\nTotal current assets \n$58,272  \n 8,455 \n\n  \n    \n   \n\nNon - current asset \n    \n   \n\nPlant and equipment, net \n$3,248  \n$4,680 \n\nTotal non - current asset \n 3,248  \n 4,680 \n\n  \n    \n   \n\nTOTAL ASSETS \n$61,520  \n$13,135 \n\n  \n    \n   \n\nLIABILITIES AND STOCKHOLDERS’ EQUITY \n    \n   \n\nCurrent liabilities \n    \n   \n\nAccounts payable \n$8,500  \n$8,500 \n\nOther payable \n 17,800  \n - \n\nAdvances from customers \n 3,333  \n - \n\nAmounts due to a related party \n 7,534  \n 5,455 \n\nTotal current liabilities \n 37,167  \n 13,955 \n\n  \n    \n   \n\nTotal liabilities \n$37,167  \n$13,955 \n\n  \n    \n   \n\nCommitments and contingencies \n -  \n - \n\n  \n    \n   \n\nStockholders’ equity \n    \n   \n\nCommon stock – Par value $ 0.0001;\nAuthorized: 75,000,000\nshares; Issued and outstanding: 22,400,000\nand 20,000,000 shares as of March 31, 2026 and March 31, 2025 \n$2,240  \n$2,000 \n\nAdditional paid in capital \n 35,760  \n - \n\nAccumulated deficit \n (13,647) \n (2,820)\n\nTotal stockholders’ equity \n$24,353  \n$(820)\n\nTOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY \n$61,520  \n$13,135 \n\n \n\nThe accompanying notes are an integral part of these financial statements.\n\n \n\nF-2\n\n \n\n \n\n**YELLOWSTONE GROUP LTD**\n\n**STATEMENTS OF OPERATIONS**\n\n \n\n  \n2026  \n2025 \n\n  \nFor the Year ended March 31 \n\n  \n2026  \n2025 \n\nRevenue \n$40,667  \n$6,500 \n\n  \n    \n   \n\nOperating expenses \n    \n   \n\nGeneral and administrative expenses \n (51,494) \n (9,320)\n\nTotal operating expenses \n (51,494) \n (9,320)\n\n  \n    \n   \n\nLoss from operations \n (10,827) \n (2,820)\n\n  \n    \n   \n\nNet Loss \n (10,827) \n (2,820)\n\n  \n    \n   \n\nEarnings per share \n    \n   \n\nNet loss per common share – basic and diluted \n (0.0005) \n (0.0014)\n\n  \n    \n   \n\nWeighted average number of common stock \n    \n   \n\nBasic and diluted \n 21,391,945  \n 2,022,472 \n\n \n\nThe accompanying notes are an integral part of these financial statements.\n\n \n\nF-3\n\n \n\n \n\n**YELLOWSTONE\nGROUP LTD**\n\n**STATEMENTS\nOF COMPREHENSIVE LOSS**\n\n \n\n  \n2026  \n2025 \n\n  \nFor Year ended March 31 \n\n  \n2026  \n2025 \n\n  \n(Audited)  \n(Audited) \n\n  \n   \n  \n\nNet Loss \n (10,827) \n (2,820)\n\nOther comprehensive (loss) income \n    \n   \n\nForeign currency translation adjustments, net of tax of nil \n -   \n -  \n\nComprehensive loss attributable to Yellowstone Group Ltd \n (10,827) \n (2,820)\n\nTotal comprehensive loss attributable to common shares of Yellowstone Group Ltd \n (10,827) \n (2,820)\n\n \n\nF-4\n\n \n\n \n\n**YELLOWSTONE\nGROUP LTD**\n\n**STATEMENTS\nOF CHANGES IN STOCKHOLDERS’ EQUITY**\n\n \n\n  \nShares  \nAmount  \n \n \n \nDeficit  \nTotal \n\n  \nCommon Stock  \n**Additional paid in**\n \n \nAccumulated  \n  \n\n  \nShares  \nAmount  \n**capital**\n \n \nDeficit  \nTotal \n\nBalance as of July 08, 2024 (Date of Inception) \n -  \n -  \n \n-\n \n \n -  \n - \n\nNet loss \n -  \n -  \n \n-\n \n \n (2,820) \n (2,820)\n\nIssuance of share capital, founder’s shares \n 20,000,000  \n 2,000  \n \n-\n \n \n    \n 2,000 \n\nBalance as of March 31, 2025 \n 20,000,000  \n 2,000  \n \n-\n \n \n (2,820) \n (820)\n\nInitial public offering \n 2,400,000  \n 240  \n \n35,760\n \n \n    \n 36,000 \n\nNet loss \n    \n    \n \n \n \n \n (10,827) \n (10,827)\n\nBalance as of March 31, 2026 \n 22,400,000  \n 2,240  \n \n35,760\n \n \n (13,647) \n 24,353 \n\n \n\nThe\naccompanying notes are an integral part of these financial statements.\n\n \n\nF-5\n\n \n\n \n\n**YELLOWSTONE GROUP LTD**\n\n**STATEMENTS\nOF CASH FLOWS**\n\n \n\n  \n2026  \n2025 \n\n  \nFor the Year ended March 31 \n\n  \n2026  \n2025 \n\nCash Flows From Operating Activities: \n    \n   \n\nNet loss \n$(10,827) \n$(2,820)\n\nAdjustments to reconcile net loss to net cash used in operating activities: \n    \n   \n\nDepreciation \n 2,011  \n 775 \n\nChanges in operating assets and liabilities: \n    \n   \n\nPrepayment \n (1,336) \n - \n\nAccounts payable \n -  \n 8,500 \n\nOther payable \n 17,800  \n - \n\nAdvances from customers \n 3,333  \n - \n\nNet cash provided by operating activities \n 10,981  \n 6,455 \n\n  \n    \n   \n\nCash Flows From Investing Activity: \n    \n   \n\nPurchase of plant and equipment \n (579) \n (5,455)\n\nNet cash used in investing activity \n (579) \n (5,455)\n\n  \n    \n   \n\nCash Flows From Financing Activity: \n    \n   \n\nProceeds from issuance of shares \n 36,000  \n 2,000 \n\nProceeds from related-party loans \n 2,079  \n 5,455 \n\nNet cash provided by financing activity \n 38,079  \n 7,455 \n\n  \n    \n   \n\nNet change in cash and cash equivalents \n 48,481  \n 8,455 \n\nCash and cash equivalents, beginning of period \n 8,455  \n - \n\nCash and cash equivalents, end of period \n$56,936  \n$8,455 \n\n  \n    \n   \n\nSupplemental cash flows information \n    \n   \n\n  \n    \n   \n\nIncome taxes paid \n$-  \n$- \n\nInterest paid \n$-  \n$- \n\n \n\nThe accompanying notes are an integral part of these financial statements.\n\n \n\nF-6\n\n \n\n \n\n**YELLOWSTONE\nGROUP LTD**\n\n**NOTES\nTO FINANCIAL STATEMENTS**\n\n**FOR\nTHE YEARS ENDED MARCH 31, 2026 AND 2025**\n\n**(Currency\nexpressed in United States Dollars (“US$”), except for number of shares)**\n\n \n\n**1.\nOrganization and business background**\n\n \n\nYellowstone\nGroup Ltd, a Nevada corporation, (“the Company”) was incorporated under the laws of the State of Nevada on July 08, 2024.\n\n \n\nYellowstone\nGroup Ltd is headquartered in Sydney, Australia. The Company offers financial consulting services to small Australian and New Zealand\ncompanies, listed or seeking to list on the U.S. OTC markets, specializing in the preparation of annual and quarterly financial statements\nand reports.\n\n \n\nThe\nCompany’s executive office is located at 48 Janice Street, Seven Hills, Sydney, NSW 2147, Australia.\n\n \n\n**2.\nSummary of Significant Accounting Policies**\n\n \n\n**(a)**\nBasis of presentation\n\n \n\nThe\naccompanying financial statements of the Company are prepared pursuant to the rules and regulations of the U.S. Securities and Exchanges\nCommission (“SEC”) and in conformity with generally accepted accounting principles in the U.S. (“US GAAP”).\nThe Company has adopted March 31 as its fiscal year end.\n\n \n\n**(b)**\nUse of estimates\n\n \n\nManagement\nuses estimates and assumptions in preparing these financial statements in accordance with US GAAP. Those estimates and assumptions affect\nthe reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported\nrevenue and expenses during the periods reported. Actual results may differ from these estimates.\n\n \n\n**(c)**\nCash and Cash Equivalents\n\n \n\nCash\nand cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions\nand all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.\n\n \n\n**(d)**\nAccounts Receivable, net\n\n \n\nAccounts\nreceivable, net represents those receivables derived from the ordinary course of business and are recorded net of allowance that reflects\nthe Company’s best estimate of the amounts that will not be collected. In determining collectability of the accounts receivables,\nthe Company considers factors in assessing the expected credit losses, including historical credit loss experience, credit quality of\ncustomers, aging of the receivables, and specific facts and circumstances.\n\n \n\nAccounts\nReceivable and allowance for credit losses. Trade receivables are uncollateralized customer obligations due under normal trade terms.\nThe Company has established procedures to monitor credit risk. The estimated allowance is based on an analysis that estimates the amount\nof its total customer receivable balance that is not collectible. This analysis includes assessing a default probability to customers’\nreceivable balances, which is influenced by several factors including (i) current market conditions, (ii) periodic review of customer\ncredit worthiness, and (iii) review of customer receivable aging and payment trends. Write-offs are recorded at the time a customer receivable\nis deemed uncollectible. In accordance with Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit\nLosses, Measurement of Credit Losses on Financial Instruments the Company recognizes expected credit losses based on a broader range\nof reasonable and supportable information to inform credit loss estimates.The Company accrued allowance for credit losses of nil for\nthe year ended March 31, 2026.\n\n \n\n**(e)**\nPlant and equipment, net\n\n \n\nPlant\nand equipment are stated at cost less accumulated depreciation and impairment. Depreciation of plant, equipment and software are calculated\non the straight-line method over their estimated useful lives or lease terms generally as follows:\n\n \n\nSchedule of Plant and Equipment Useful Live\n\nClassification\n \nUseful\nLife\n\nComputer\nand software\n \n3\nyears\n\nFurniture\nand fixtures\n \n3\nyears\n\n \n\nF-7\n\n \n\n \n\n**(f)**\nRevenue Recognition\n\n \n\nRevenue\nis recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration\nthat the Company expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature,\namount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amount of revenue that is recorded\nreflects the consideration that the Company expects to receive in exchange for those goods and services. The Company applies the following\nfive-step model in order to determine this amount:\n\n \n\n \n(i)\nidentification\nof the promised goods and services in the contract;\n\n \n \n \n\n \n(ii)\ndetermination\nof whether the promised goods and services are performance obligations, including whether they are distinct in the context of the\ncontract;\n\n \n \n \n\n \n(iii)\nmeasurement\nof the transaction price, including the constraint on variable consideration;\n\n \n \n \n\n \n(iv)\nallocation\nof the transaction price to the performance obligations; and\n\n \n \n \n\n \n(v)\nrecognition\nof revenue when (or as) the Company satisfies each performance obligation.\n\n \n\nThe\nCompany adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606). The Company recognizes revenue when the promised services\nare completed and delivered to the customer in an amount that reflects the consideration the Company expects to receive.\n\n \n\nThe\nCompany generates revenue from preparing annual and quarterly financial statements and reports. For annual service agreements, revenue\nis recognized separately upon completion and delivery of each quarterly financial statement and report and the annual financial statement\nand report to the customer. The Company does not recognize revenue in full at contract inception or simply on a straight-line basis over\nthe service period.\n\n \n\n**(g)**Earnings Per Share\n\n \n\nThe\nCompany reports earnings per share in accordance with ASC 260 “Earnings Per Share”, which requires presentation of basic\nand diluted earnings per share in conjunction with the disclosure of the methodology used in computing such earnings per share. Basic\nearnings per share excludes dilution and is computed by dividing income available to common stockholders by the weighted average common\nstock outstanding during the period. Diluted earnings per share takes into account the potential dilution that could occur if securities\nor other contracts to issue common stock were exercised and converted into common stock. Further, if the number of common stock outstanding\nincreases as a result of a stock dividend or stock split or decreases as a result of a reverse stock split, the computations of a basic\nand diluted earnings per share shall be adjusted retroactively for all periods presented to reflect that change in capital structure.\n\n \n\nThe\nCompany’s basic earnings per share is computed by dividing the net income available to holders by the weighted average number of\nthe Company’s common stock outstanding. Diluted earnings per share reflects the amount of net income available to each common stock\noutstanding during the period plus the number of additional shares that would have been outstanding if potentially dilutive securities\nhad been issued.\n\n \n\n**(h)**Income Taxes\n\n \n\nThe\nCompany accounts for income taxes using the asset and liability method prescribed by ASC 740 “Income Taxes”. Under this method,\ndeferred tax assets and liabilities are determined based on the difference between the financial reporting and tax bases of assets and\nliabilities using enacted tax rates that will be in effect in the years in which the differences are expected to reverse. The Company\nrecords a valuation allowance to offset deferred tax assets if based on the weight of available evidence, it is more-likely-than-not\nthat some portion, or all, of the deferred tax assets will not be realized. The effect on deferred taxes of a change in tax rates is\nrecognized as income or loss in the period that includes the enactment date.\n\n \n\nNew\nU.S. federal tax legislation, commonly referred to as the Tax Cuts and Jobs Act (the “U.S. Tax Reform”), was signed into\nlaw on December 22, 2017. The U.S. Tax Reform modified the U.S. Internal Revenue Code by, among other things, reducing the statutory\nU.S. federal corporate income tax rate from 35% to 21% for taxable years beginning after December 31, 2017; limiting and/or eliminating\nmany business deductions; migrating the U.S. to a territorial tax system with a one-time transaction tax on a mandatory deemed repatriation\nof previously deferred foreign earnings of certain foreign subsidiaries; subject to certain limitations, generally eliminating U.S. corporate\nincome tax on dividends from foreign subsidiaries; and providing for new taxes on certain foreign earnings. Taxpayers may elect to pay\nthe one-time transition tax over eight years, or in a single lump-sum payment.\n\n \n\nF-8\n\n \n\n \n\n**(i)**Comprehensive Loss\n\n \n\nComprehensive\nLoss includes all changes in equity except those resulting from investments by owners and distributions to owners. For the years presented,\nthe Company’s total comprehensive loss includes net loss.\n\n \n\n**(j)**Related parties\n\n \n\nParties,\nwhich can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control\nthe other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also\nconsidered to be related if they are subject to common control or common significant influence.\n\n \n\n**(k)**Fair Value Measurement\n\n \n\nAccounting\nStandards Codification (“ASC”) 820 “Fair Value Measurements and Disclosures”, which defines fair value, establishes\na framework for measuring fair value and expands disclosures about fair value measurements. The statement clarifies that the exchange\nprice is the price in an orderly transaction between market participants to sell the asset or transfer the liability in the market in\nwhich the reporting entity would transact for the asset or liability, that is, the principal or most advantageous market for the asset\nor liability. It also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and that market participant\nassumptions include assumptions about risk and effect of a restriction on the sale or use of an asset.\n\n \n\nThis\nASC establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy\ngives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and\nthe lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:\n\n \n\nLevel\n1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities;\n\n \n\nLevel\n2: Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the\nfull term of the asset or liability; and\n\n \n\nLevel\n3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported\nby little or no market activity).\n\n \n\n**(l)**Recently issued and adopted accounting pronouncements\n\n \n\nIn\nNovember 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, requiring\npublic entities to disclose information about their reportable segment’s significant expenses and other segment items on an interim\nand annual basis. Public entities with a single reportable segment are required to apply the disclosure requirements in ASU 2023-07,\nas well as all existing segment disclosures and reconciliation requirements in ASC 280 on an interim and annual basis. The Company adopted\nASU 2023-07during the year ended March 31, 2025. See Note 12 Segment reporting in the accompanying notes to the consolidated financial\nstatements for further detail.\n\n \n\n \n\nF-9\n\n \n\n \n\n**3.\nCash and Cash Equivalents**\n\nSummary of Cash and Cash Equivalents\n\n  \n\n**As of**\n\n**March\n31, 2026**\n  \n\n**As of**\n\n**March\n31, 2025**\n \n\n  \n   \n  \n\nCash and cash equivalents \n$56,936  \n$8,455 \n\nTotal \n$56,936  \n$8,455 \n\n \n\n**4.\nProperty and equipment, net**\n\n \n\nPlant\nand equipment consisted of the following as of March 31, 2026 and March 31, 2025:\n\n \n\nSchedule of Property and Equipment\n\n  \n\n**As of**\n\n**March 31, 2026**\n  \n\n**As of**\n\n**March 31, 2025**\n \n\n  \n   \n  \n\nComputer and software \n$5,455  \n$5,455 \n\nFurniture and fixtures \n 579  \n - \n\nLess: Accumulated depreciation \n (2,786) \n (775)\n\nPlant and equipment, net \n$3,248  \n$4,680 \n\n \n\nDepreciation\nexpense for the years ended March 31, 2026 and March 31, 2025 was $2,011 and $775 respectively.\n\n \n\n**5.\nRelated Party Transaction**\n\n \n\nParties\nare considered to be related if one party has the ability, directly or indirectly, to control the other party or exercise significant\ninfluence over the other party in making financial and operational decisions. Parties are also considered to be related if they are subject\nto common control or common significant influence. Related parties may be individuals or corporate entities.\n\n \n\nFor\nthe years ended March 31, 2026 and March 31, 2025, the balance amount due to related parties were as follows:\n\n \n\nBalance\namount with Related Parties:\n\nSchedule\nof Amount Due to Related Parties\n\n  \n\n**As of**\n\n**March\n31, 2026**\n  \n\n**As of**\n\n**March\n31, 2025**\n \n\n  \n   \n  \n\nAmount due to related parties \n$7,534  \n$5,455 \n\nTotal \n$7,534  \n$5,455 \n\nAmount due to related parties \n$7,534  \n$5,455 \n\n \n\n**6.\nOrdinary Shares**\n\n \n\nThe\nCompany has 75,000,000 shares of commons stock authorized.\n\n \n\nOn\nMarch 5, 2025, Jianing Yang, subscribed 20,000,000 shares of common stock at $0.0001 per share for a total subscription value of $2,000.\nOn September 30, 2025, the Company resolved to close the public offering pursuant to Form S-1, resulting in 2,400,000 shares of common\nstock being sold at $0.015 per share for a total of $36,000. The proceed of $36,000 went directly to the Company and shall be utilized\npursuant to the use of proceed stated in the Form S-1.\n\n \n\nAs\nof March 31, 2026, the Company has 22,400,000 shares of common stock issued and outstanding.\n\n \n\nF-10\n\n \n\n \n\n**7.\nRevenue**\n\nSchedule\nof Revenue from Contract with Customer \n\n  \n\n**For the Year Ended**\n\n**March 31, 2026**\n  \n\n**For the Year Ended**\n\n**March 31, 2025**\n \n\n  \n   \n  \n\nFinancial consulting services \n$40,667  \n$6,500 \n\nTotal \n$40,667  \n$6,500 \n\n \n\n**8.\nIncome Taxes**\n\n \n\nThe\nloss from operation before income tax of the Company for the years ended March 31, 2026 and 2025 were comprised of the following:\n\n Schedule of Loss from Operation Before Income Tax\n\n  \n\n****\n\n**For the Year Ended**\n\n**March\n31, 2026**\n  \n\n**For the Year Ended**\n\n**March\n31, 2025**\n \n\nTax jurisdictions from: \n    \n   \n\n– Local \n$(10,827) \n$(2,820)\n\nLoss before income taxes \n$(10,827) \n$(2,820)\n\n \n\n*United\nStates of America*\n\n \n\nThe\nTax Act reduces the U.S. statutory corporate tax rate from 35% to 21% for our tax years beginning in 2018, which resulted in the re-measurement\nof the federal portion of our deferred tax assets from the 35% to 21% tax rate. The Company is registered in the State of Nevada and\nis subject to United States of America tax law. As of March 31, 2026, the operations in the United States of America incurred $10,827\nof cumulative net operating losses (NOL’s) which can be carried forward to offset future taxable income. The Company has provided\nfor a full valuation allowance of approximately $2,274 against the deferred tax assets on the expected future tax benefits from the net\noperating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.\n\n \n\nThe\nfollowing table sets forth the significant components of the aggregate deferred tax assets of the Company as of Mach 31, 2026 and March\n31, 2025:\n\n Schedule of Components of Deferred Tax Assets\n\n  \nAs of  \nAs of \n\n  \nMarch 31, 2026  \nMarch 31, 2025 \n\nDeferred tax assets: \n    \n   \n\n  \n    \n   \n\nNet operating loss carryforwards \n    \n   \n\n– United States of America \n$2,274  \n$592 \n\n  \n    \n   \n\nLess: valuation allowance \n (2,274) \n (592)\n\nDeferred tax assets \n$-  \n$- \n\n \n\nManagement\nbelieves that it is more likely than not that the deferred tax assets will not be fully realizable in the future. Accordingly, the Company\nprovided for a full valuation allowance against its deferred tax assets of $2,274 as of March 31, 2026.\n\n \n\nF-11\n\n \n\n \n\n**9.\nNet Loss per Ordinary Share**\n\n \n\nNet\nloss per ordinary share was computed by dividing net loss attributable to ordinary shareholders by the weighted average number of ordinary\nshares outstanding for the years ended March 31, 2026 and 2025:\n\n \n\nSchedule\nof Earnings Per Share\n\n  \nFor the Year ended  \nFor the Year ended \n\n  \nMarch 31, 2026  \nMarch 31, 2025 \n\n  \nUS$  \nUS$ \n\n  \n   \n  \n\nNumerator: \n    \n   \n\nNet loss —basic and diluted \n (10,827) \n (2,820)\n\nNet loss attributable to ordinary shareholders \n (10,827) \n (2,820)\n\nShares (Denominator): \n    \n   \n\nWeighted average number of ordinary shares outstanding \n 21,391,945  \n 2,022,472 \n\nBasic and diluted \n    \n   \n\nNet loss per share—basic and diluted \n (0.0005) \n (0.0014)\n\n \n\n**10.\nConcentrations of risk**\n\n \n\nCustomer\nConcentration\n\n \n\nFor\nthe year ended March 31, 2026, there were three customers who accounted for 100% of the Company’s revenues. The customer who accounted\nfor 100% of the Company’s revenues and its outstanding receivable balance at period-end is presented below:\n\n \n\nSchedule\nof Concentration of Risk\n\n  \nFrom the Year ended March 31, 2026 \n\n  \nRevenue  \nPercentage of Revenue  \nAccounts receivable \n\n  \nUS$  \n%  \nUS$ \n\n  \n   \n   \n  \n\nCustomer A \n 22,000  \n 54.1% \n - \n\nCustomer B \n 15,000  \n 36.9% \n - \n\nCustomer C \n 3,667  \n 9.0% \n - \n\nTotal \n 40,667  \n 100% \n - \n\n \n\nFrom\nJuly 8, 2024 to March 31, 2025, there were two customers who accounted for 100% of the Company’s revenues. The customers who accounted\nfor 100% of the Company’s revenues and its outstanding receivable balance at period-end is presented below:\n\n \n\n  \nFrom July 8, 2024 to March 31, 2025 \n\n  \nRevenue  \nPercentage of Revenue  \nAccounts receivable \n\n  \nUS$  \n%  \nUS$ \n\n  \n   \n   \n  \n\nCustomer A \n 5,500  \n 84.6% \n - \n\nCustomer B \n 1,000  \n 15.4% \n - \n\nTotal \n 6,500  \n 100% \n - \n\n \n\n**11.\nCommitments and contingencies**\n\n \n\nThe\nCompany did not have other significant capital commitments or significant guarantees as of March 31, 2026, respectively.\n\n \n\nF-12\n\n \n\n \n\n**12.\nSegment reporting**\n\n \n\nASC\nTopic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about\noperating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise\nthat engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information\nis available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding\nhow to allocate resources and assess performance.\n\n \n\nThe\nCompany’s CODM has been identified as the Chief Executive Officer and the Chief Financial Officer, who review the assets, operating\nresults, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance.\nAccordingly, management has determined that there is only one reportable segment.\n\n \n\nThe\nCODM assesses performance for the single segment and decides how to allocate resources based on net loss that also is reported on the\nstatement of operations as net loss. The measure of segment assets is reported on the balance sheet as total assets.\n\n Schedule of Segment Reporting Information\n\n  \n2026  \n2025 \n\n  \nFor the Year ended March 31 \n\n  \n2026  \n2025 \n\nRevenue \n$40,667  \n$6,500 \n\n  \n    \n   \n\nOperating expenses \n    \n   \n\nGeneral and administrative expenses \n (51,494) \n (9,320)\n\nTotal operating expenses \n (51,494) \n (9,320)\n\n  \n    \n   \n\nLoss from operations \n (10,827) \n (2,820)\n\n  \n    \n   \n\nNet Loss \n (10,827) \n (2,820)\n\n \n\n**13.\nSubsequent Event**\n\n \n\nManagement\nhas evaluated subsequent events through the date of this filing. All subsequent events requiring recognition as of March 31, 2026 have\nbeen incorporated into these financial statements and there are no subsequent events that require disclosure in accordance with FASB\nASC Topic 855, “Subsequent Events”.\n\n \n\nF-13\n\n \n\n \n\n**(b)\nExhibits**\n\n \n\nThe\nfollowing exhibits are filed herewith:\n\n \n\n31.1\n \n[Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer, principal financial officer*](ex31-1.htm)\n\n \n \n \n\n32.1\n \n[Section 1350 Certification of principal executive officer, principal financial officer and principal accounting officer*](ex32-1.htm)\n\n \n \n \n\n101.INS*\n \nInline XBRL Instance Document\n\n101.SCH*\n \nInline XBRL Taxonomy Extension\nSchema Document\n\n101.CAL*\n \nInline XBRL Taxonomy Extension\nCalculation Linkbase\n\n101.DEF*\n \nInline XBRL Taxonomy Extension\nDefinition Linkbase\n\n101.LAB*\n \nInline XBRL Taxonomy Extension\nLabels Linkbase\n\n101.PRE*\n \nInline XBRL Taxonomy Extension\nPresentation Linkbase\n\n104*\n \nCover Page Interactive\nData File (embedded within the Inline XBRL document)\n\n \n\n*Filed\nherewith"}