Company: MAGH
Filing Date: 2025-06-10
Form Type: F-1/A
Source: 0001641172-25-014489
Chunk: 222

Company: Magnitude International Ltd
Filing Date: 2025-06-10
Form: F-1/A
Chunk 222
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, 2023 |     |    April 
 30, 2024 |     |    April 
 30, 2024 |
|:----------------------------------------------------------------------------|:----|---------:|:----|---------:|:----|---------:|
|                                                                             |     |      SGD |     |      SGD |     |      USD |
| Expense relating to short-term leases (included in administrative expenses) |     |   29,806 |     |   26,320 |     |   19,302 |
| Depreciation of leasehold property and motor vehicles                       |     |   38,286 |     |   38,286 |     |   28,077 |
| Interest expense on lease liabilities                                       |     |   19,571 |     |   15,470 |     |   11,345 |
|                                                                             |     |   87,663 |     |   80,076 |     |   58,724 |

| (d) | Total         
 cash outflows |

For the years ended April 30, 2023 and 2024, the Group had total cash outflows 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                      | ) |