Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 289

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 289
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 | March 31, 
      2024 |
|:----------------------------------------------|:----|:------|--------------:|:----|:--|----------:|
| Accrued staff costs                           |     | $     |         6,497 |     | $ |    17,851 |
| Accrued administrative expenses and IPO costs |     |       |       136,781 |     |   |    31,763 |
| Other payables                                |     |       |        19,559 |     |   |   224,957 |
| Total                                         |     | $     |       162,837 |     | $ |   274,571 |

NOTE 9 — CONTRACT ASSETS, NET AND CONTRACT LIABILITIES Contract assets, net consist of the following:

|                                          |     | As of         
 September 30, 
 2024          |        |   |     | March 31, 
 2024      |   |
|:-----------------------------------------|:----|:--------------|-------:|:--|:----|:----------|:--|
| Contract assets, gross                   |     | $             | 91,346 |   |     | $         | — |
| Less: allowance for expected credit loss |     |               |   (616 | ) |     |           | — |
| Total                                    |     | $             | 90,730 |   |     | $         | — |

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

|                                         |     | As of         
 September 30, 
 2024          |      |   |     | March 31, 
 2024      |   |
|:----------------------------------------|:----|:--------------|:-----|:--|:----|:----------|:--|
| Balance at beginning of the period/year |     | $             | —    |   |     | $         | — |
| Provision                               |     |               | (616 | ) |     |           | — |
| Ending balance                          |     | $             | (616 | ) |     | $         | — |

As of the date these unaudited interim condensed consolidated financial statements were issued, 79% of the contract assets were billed and had been collected.

F-45

NOTE 9 — CONTRACT ASSETS, NET AND CONTRACT LIABILITIES (cont.) Contract liabilities are recognized when the Company receives initial deposits from customers. Contract liabilities will be