Company: LVPA
Filing Date: 2025-09-11
Form Type: 10-Q
Source: 0001477932-25-006616
Chunk: 8

Company: LVPAI GROUP Ltd
Filing Date: 2025-09-11
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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 The FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases in July 2018. Also in 2018, the FASB issued ASU 2018-11, Leases (Topic 842) Targeted Improvements, which provides an optional transition method whereby the new lease standard is applied at the adoption date and recognized as an adjustment to retained earnings. The amendments have the same effective date and transition requirements as the new lease standard. We adopted ASC 842 on July 1, 2020. The adoption of this guidance did not have any impact on our financial statements. ● Stockholders’ Equity and Accrued Liability Excess Stock Issuance The Company has authorized 300,000,000 shares of Common Stock with a par value of $0.001. As of July 31, 2025, and January 31, 2025, respectively, there were 100,103,103 shares of Common Stock issued and outstanding, respectively. As of July 31, 2025, and January 31, 2025, 8,000,000 shares of preferred stock were outstanding respectively, and preferred Series A stock, $0.001 par value, 20,000,000 shares authorized.

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LVPAI GROUP LIMITED

NOTES TO CONDENSED FINANCIAL STATEMENTS

FOR THE THREE AND SIX MONTHS ENDED JULY 31, 2025

(Unaudited)

NOTE 4 - ACCRUED LIABILITIES   As of   July 31, 2025  January 31, 2025   (Unaudited)  (Audited) ACCRUED LIABILITIES $7,465  $1,465          TOTAL ACCRUED LIABILITIES $7,465  $1,465  The accrued liabilities included the consulting fee, filing fee and share agency fee.

NOTE 5 - AMOUNT DUE TO THE RELATED PARTIES   As of   July 31, 2025  January 31, 2025   (Unaudited)  (Audited) Mr. Yang Fuzhu (Shareholder & former director) $24,499  $24,499 Mr. Chen Yanghang (Shareholder & director)  123,156   111,691