Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 183

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 183
---
                                        
                                        2025                          2024               
  Balance at beginning of the year      $                ( 4,306      $         ( 8,002  
 ─────────────────────────────────────────────────────────────────────────────────────────
  (Provision) Reversal                                  ( 96,229                  3,696  
  Ending balance                        $              ( 100,535      $         ( 4,306  

NOTE
4 - PREPAID EXPENSES AND OTHER CURRENT ASSETS, NET

Prepaid
expenses and other current assets, net consist of the following:

                                                March 31,                                    
                                                2025                       2024              
 ─────────────────────────────────────────────────────────────────────────────────────────────
  Prepaid expenses, gross                       $              22,682      $         18,133  
  Deposits, gross                                              28,743                28,743  
  Less: allowance for expected credit loss                      ( 166                 ( 165  
  Total                                         $              51,259      $         46,711  

The
movement of allowances for expected credit loss is as follow:

                                        March 31,                                  
                                        2025                      2024             
  Balance at beginning of the year      $              ( 165      $         ( 180  
 ───────────────────────────────────────────────────────────────────────────────────
  (Provision) Reversal                                   ( 1                   15  
  Ending balance                        $              ( 166      $         ( 165  

F-17

  GRANDE                                      
  GROUP LIMITED                               
  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  
  FOR THE YEARS ENDED MARCH                   
  31, 2025, 2024 and 2023                     
                                              
  (Stated                                     
  in US Dollars)                              
 ──────────────────────────────────────────────

NOTE
5 - LEASEHOLD IMPROVEMENT AND EQUIPMENT, NET

Leasehold
improvement and equipment, net consist of the following:

                                      March 31,                                          
                                      2025                          2024                 
 ─────────────────────────────────────────────────────────────────────────────────────────
  At cost:                                                                               
  Leasehold improvement               $                 83,167      $            83,167  
  Office equipment and others                          206,917                   67,764  
                                                       290,084                  150,931  
  Less: accumulated