Company: MAGH
Filing Date: 2025-01-02
Form Type: DRS
Source: 0001493152-25-000010
Chunk: 202

Company: Magnitude International Ltd
Filing Date: 2025-01-02
Form: DRS
Chunk 202
---
 for leases of SGD116,685 and SGD58,226 respectively.

| 12. | Deferred        
 tax liabilities |

Movements in deferred tax liabilities during the financial year were as follows:

|                                                                           |     | At May 1, 2022 |     | Recognized in profit or loss |   |     | At May 1, 2023/ April 30, 2023 |     | Recognized in profit or loss |   |     | At April 30, 2024 |     |             At 
 April 30, 2024 |
|:--------------------------------------------------------------------------|:----|---------------:|:----|:-----------------------------|:--|:----|-------------------------------:|:----|:-----------------------------|:--|:----|------------------:|:----|---------------:|
|                                                                           |     |            SGD |     | SGD                          |   |     |                            SGD |     | SGD                          |   |     |               SGD |     |            USD |
| Deferred tax liabilities                                                  |     |                |     |                              |   |     |                                |     |                              |   |     |                   |     |                |
| Excess of net book value of property, plant and equipment over tax values |     |        115,452 |     | (18,596                      | ) |     |                         96,856 |     | (17,508                      | ) |     |            79,348 |     |         58,190 |

| F-30 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

| 13. | Trade              
 and other payables |

|                                |     |     April 
  30, 2023 |     |     April 
  30, 2024 |     |     April 
  30, 2024 |
|:-------------------------------|:----|----------:|:----|----------:|:----|----------:|
|                                |     |       SGD |     |       SGD |     |       USD |
| Trade payables:                |     |           |     |           |     |           |
| - third parties                |     | 2,847,790 |     | 2,614,237 |     | 1,917,158 |
| Other payables:                |     |           |     |           |     |