Company: GDSTR
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112608
Chunk: 0

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 0
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ITEM 1. Unaudited Condensed Financial Statements 

GOLDENSTONE ACQUISITION LIMITED

CONDENSED
CONSOLIDATED BALANCE SHEETS 

(Unaudited)

    September 30,  
    March 31, 

    2025  
    2025 
  
    ASSETS 

    Current assets: 

    Cash 
    $371,603  
    $14,692 
  
    Prepaid expenses 
     274  
     2,500 
  
    Prepaid income taxes 
     22,974  
     287,911 
  
    Prepaid franchise taxes 
     5,165  
     26,165 
  
    Total current assets 
     400,016  
     331,268 

    Dividend receivable 
     17,476  
     66,155 
  
    Cash and Investments held in Trust Account 
     5,330,210  
     18,666,931 
  
    TOTAL ASSETS 
    $5,747,702  
    $19,064,354 

    LIABILITIES, TEMPORARY EQUITY, AND STOCKHOLDERS’ DEFICIT 

    Current liabilities: 

    Accrued expenses 
    $1,178,726  
    $884,628 
  
    Working capital and extension loans - related party 
     3,301,966  
     2,976,966 
  
    Due to related parties 
     25,000  
     25,000 
  
    Business combination deposits 
     200,000  
     200,000 
  
    Payables due to redeeming stockholders 
     383,578  
     - 
  
    Excise tax payable 
     600,958  
     462,021 
  
    Total current liabilities 
     5,690,228  
     4,548,615 

    Deferred tax liability 
     3,670  
     13,893 
  
    Deferred underwriting discounts and commissions 
     2,012,500  
     2,012,500 
  
    TOTAL LIABILITIES 
     7,706,398  
     6,575,008 

    Commitments and contingencies 

    Common stock subject to possible redemption, 442,996