LOAN PAYABLE	12 Months Ended
Apr. 30, 2024
LOAN PAYABLE
LOAN PAYABLE	NOTE 7 - LOAN PAYABLE The Company has outstanding long-term loan payable of $6,973 and $6,973 as of April 30, 2024 and April 30, 2023, respectively. The loan payable is unsecured with annual interest rate of 6% and had an original maturity date of April 20, 2020. The maturity date is extended through April 20, 2025. Interest expense was $422 and $422 for the year ended April 30, 2024 and 2023, respectively. As of April 30, 2024 and April 30, 2023, accrued interest was $2,545 and $2,123 respectively.

LOAN PAYABLE

12 Months Ended

Apr. 30, 2024

NOTE 7 - LOAN PAYABLE

The Company has outstanding long-term loan payable of $6,973 and $6,973 as of April 30, 2024 and April 30, 2023, respectively. The loan payable is unsecured with annual interest rate of 6% and had an original maturity date of April 20, 2020. The maturity date is extended through April 20, 2025.

Interest expense was $422 and $422 for the year ended April 30, 2024 and 2023, respectively.

As of April 30, 2024 and April 30, 2023, accrued interest was $2,545 and $2,123 respectively.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

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+ Details

Natural Resource Holdings, Inc. 10-K