Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 154

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 19
Chunk 154
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 LEASES(cont.)

                                            As of March 31,                                      
                                            2025                              2024               
 ─────────────────────────────────────────────────────────────────────────────────────────────────
                                            US$                               US$                
  Lease liabilities are classified as:                                                           
  Current liabilities                                            175,315                110,513  
  Non-current liabilities                                        151,968                188,573  
                                                                 327,283                299,086  

Other information about the
Company’s lease is as follows:

                                                                                  Year ended March 31,                                      
                                                                                  2025                                   2024               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                  US$                                    US$                
  Cash paid for amounts included in the measurement of lease liabilities:                                                                   
  Operating cash flows used in finance lease                                                                170,912                199,392  
  Right-of-use assets obtained in exchange for new finance lease liabilities                                180,208                 29,123  
  Weighted-average remaining lease term – finance                                                           2 years                2 years  
  Weighted average discount rate – finance                                                                    5.625                  5.125  

The following is a maturity
analysis of the annual undiscounted cash flows for lease liabilities as of March 31, 2024 and 2025:

                                         As of March 31,                                        
                                         2025                               2024                
 ────────────────────────────────────────────────────────────────────────────────────────────────
                                         US$                                US$                 
  Year ending March 31,                                                                         
  2025                                                               -                 122,697  
  2026                                                         188,178                  92,022  
  2027                                                         140,552                  92,022  
  2028                                                          15,488                  15,337  
  Total undiscounted lease payments                            344,218                 322,078  
  Less: future finance charges                                ( 16,935                ( 22,992  
                                                               327,283                 299,086  

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT,
NET

Property, plant and equipment
consist of the following:

                                                       As of March 31,                                          
                                                       2025                                2024                 
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                       US$                                 US$                  
  At cost