Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 81

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 5
Chunk 81
---
 a lease term of 3 years. The table below sets forth the breakdown of the Group’s
lease liabilities as of the dates indicated:

                   As of March 31,                          
                   2025                              2024   
                   (US$)                             (US$)  
 ────────────────────────────────────────────────────────────
  Current                                78,734             
  Non-current                           156,551             
                                        235,285             

The
Group’s lease liabilities (comprising current and non-current liabilities) increased approximately US$0.2 million from nil as of
March 31, 2024 to approximately US$0.2 million as of March 31, 2025, in line with the normal utilization of the lease tenure.

Capital
Commitments

During
the years ended March 31, 2025, 2024 and 2023, the Group did not have any capital expenditures incurred.

Off-Balance
Sheet Arrangements

The
Group has no off-balance sheet arrangements including arrangements that would affect its liquidity, capital resources, market risk support
and credit risk support or other benefits.

  57  

Critical
Accounting Policies, Judgments and Estimates

We
prepare our consolidated financial statements in accordance with U. S. GAAP, which requires our management to make estimates that affect
the reported amounts of assets, liabilities and disclosures of contingent assets and liabilities at the balance sheet dates, as well
as the reported amounts of revenues and expenses during the reporting periods. To the extent that there are material differences between
these estimates and actual results, our financial condition or results of operations would be affected. We base our estimates on our
own historical experience and other assumptions that we believe are reasonable after taking account of our circumstances and expectations
for the future based on available information. We evaluate these estimates on an ongoing basis.

Our
expectations regarding the future are based on available information and assumptions that we believe to be reasonable, which together
form our basis for making judgments about matters that are not readily apparent from other sources. Since the use of estimates is an
integral component of the financial reporting process, our actual results could differ from those estimates. When reading our consolidated
financial statements, you should consider our selection of critical accounting policies, the judgment and other uncertainties affecting
the application of such policies and the sensitivity of reported results to changes in conditions and assumptions. Our critical accounting
policies and practices include the following: (i) income taxes and (ii