Company: GRAN
Filing Date: 2025-01-30
Form Type: F-1/A
Source: 0001213900-25-008225
Chunk: 242

Company: Grande Group Ltd/HK
Filing Date: 2025-01-30
Form: F-1/A
Chunk 242
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      16.1 | % |     | N/A* |   |
| Customer I |     |      16.1 | % |     | N/A* |   |

____________ *Accounts receivable from these customers is individually less than 10% of the total accounts receivable of the Company for the respective year.

F-18

NOTE 7 — ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES Accrued expenses and other current liabilities consist of the following:

|                                 |     | March 31, |    2024 |     |   |  2023 |
|:--------------------------------|:----|:----------|--------:|:----|:--|------:|
| Accrued staff costs             |     | $         |  17,851 |     | $ |   192 |
| Accrued administrative expenses |     |           |  31,763 |     |   | 7,722 |
| Other payables                  |     |           | 224,957 |     |   |     — |
| Total                           |     | $         | 274,571 |     | $ | 7,914 |

NOTE 8 — CONTRACT LIABILITIES Contract liabilities are recognized when the Company receives initial deposits from customers. Contract liabilities will be recognized as revenue when promised services are provided. The Company’s contract liabilities are generally recognized as revenue within one year. Contract liabilities consist of the following:

| 2024                                  |     | March 31, |            | 2023 |     |   |            |   |
|:--------------------------------------|:----|:----------|-----------:|:-----|:----|:--|-----------:|:--|
| Balance at beginning of the year      |     | $         |  1,265,230 |      |     | $ |  2,049,277 |   |
| Additions                             |     |           |     67,308 |      |     |   |    573,816 |   |
| Recognized to revenue during the year |     |           | (1,136,023 | )    |     |   | (1,357,863 | ) |
| Ending balance                        |     | $         |    196,515 |      |     | $ |  1,265,230 |   |

NOTE 9 — LEASES The Company has an operating lease for office space. On April 1,