Company: STRG
Filing Date: 2025-04-29
Form Type: 10-K
Source: 0001640334-25-000716
Chunk: 109

Company: STARGUIDE GROUP, INC.
Filing Date: 2025-04-29
Form: 10-K
Item: Item 1B
Chunk 109
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 disclosure requirements. This update is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024.The adoption of ASU 2023-07 has not had a material effect on the Company’s statements and disclosures.

NOTE 4 – GOODWILL January 31, 2022 $- Additions  26,319 January 31, 2023 $26,319 Impairment  (26,319 )January 31, 2024 $-  On December 8, 2022, the Company acquired 80% shares in Live Investments Holdings, which generated Goodwill of $26,319. Based on the Company’s analysis of goodwill as of January 31, 2024, the fair value of the reporting unit based on estimated future cash flow falls below its carrying value and shows negative recoverability, goodwill was fully impaired and impairment loss on goodwill of $26,319 was incurred.

NOTE 5 – PROPERTY AND EQUIPMENT As of January 31, 2025 and January 31, 2024, the plant and equipment consisted of the following: Cost Office Equipment  Computer Equipment  Computer Software  Total January 31, 2023 $800  $2,800  $80,774  $84,374 Impairment  -   -   (83,349)  (83,349)Foreign Exchange Adjustment  -   89   2,575   2,664 January 31, 2024 $800  $2,889  $-  $3,689 Foreign Exchange Adjustment  -   (66)  -   (66)January 31, 2025 $800  $2,823  $-  $3,623                  Accumulated Depreciation Office Equipment  Computer Equipment  Computer Software  Total January 31, 2023 $669  $219  $284  $1,172 Additions  131   567   11,688   12,386 Impairment  -   -   (12,200)  (12,200)Foreign Exchange Adjustment  -   18