Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 275

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 9
Chunk 275
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,375) 
    $(8,754)
  
    Related party accruals 
     –  
     – 
  
    Less: change in valuation allowance 
     17,375  
     8,754 
  
    Net provision for Federal income taxes 
    $–  
    $– 

The cumulative tax effect at the expected rate of 21% of significant
items comprising our net deferred tax amount is as follows:

    April 30, 2025 
    April 30, 2024

    Deferred tax asset attributable to: 

    Net operating loss carry over 
    $8,620  
    $2,554 
  
    Related party accruals 
     –  
     – 
  
    Less: valuation allowance 
     (8,620) 
     (2,554)
  
    Net deferred tax asset 
    $–  
    $– 

NOTE 9 – SUBSEQUENT EVENTS

In accordance with SFAS 165 (ASC 855-10) the Company
has analyzed its operations subsequent to April 30, 2025 to the date these financial statements were issued and has determined that it
does not have any material subsequent events to disclose in these financial statements.

Management expects that its business will be impacted
to some degree, but the significance of the impact of the COVID-19 outbreak on the Company’s business and the duration for which
it may have an impact cannot be determined at this time.

 F-12