Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 1090

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 8
Chunk 1090
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 and performing procedures that respond
to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Marcum Asia CPAs LLP

Marcum Asia CPAs LLP

We have served as the Company’s auditor since 2023.

New York, NY

June 16, 2025

Firm ID#: 5395

F-2

GOLDENSTONE
ACQUISITION LIMITED

CONSOLIDATED
BALANCE SHEETS

    March 31,  
    March 31, 

    2025  
    2024 
  
    ASSETS 

    Current
    assets: 

    Cash 
    $14,692  
    $30,823 
  
    Prepaid
    expenses 
     2,500  
     60,750 
  
    Prepaid
    income taxes 
     287,911  
     - 
  
    Prepaid
    franchise taxes 
     26,165  
     - 
  
    Total
    current assets 
     331,268  
     91,573 

    Dividend
    receivable 
     66,155  
     243,073 
  
    Investments held in Trust Account 
     18,666,931  
     55,495,253 
  
    TOTAL
    ASSETS 
    $19,064,354  
    $55,829,899 

    LIABILITIES,
    TEMPORARY EQUITY, AND STOCKHOLDERS’ DEFICIT 

    Current
    liabilities: 

    Accrued
    expenses 
    $884,628  
    $492,826 
  
    Working
    capital and extension loans - related party 
     2,976,966  
     1,791,000 
  
    Due
    to related parties 
     25,000  
     25,000 
  
    Business
    combination deposits 
     200,000  
     200,000 
  
    Income
    tax payable 
     -  
     358,882 
  
    Franchise
    tax payable