Barentsz Capital Ltd

CIK:0002074160|SEC Filings

Consolidated Statements of Operations and Comprehensive Income - USD ($)	12 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2024
Income Statement [Abstract]
Revenue	$ 1,566,899	$ 1,472,590	$ 24,359
Cost of services	(1,060,391)	(199,074)	(12,500)
Gross profit	506,508	1,273,516	11,859
Operating expenses:
Administrative expenses	(587,549)	(137,421)	(100,287)
Operating (losses) incomes	(81,041)	1,136,095	(88,428)
Other income (expense):
Interest expenses	(198)	(903)
Other income	2,560	12,756	1,248
Equity in earnings of equity method investee	199,309
Unrealized gain on trading securities	35
Total other income (expense)	201,706	11,853	1,248
Profit/(loss) before income tax	120,665	1,147,948	(87,180)
Income tax credit/(expense)	87,057	(109,968)
Profit/(loss) for the year	207,722	1,037,980	(87,180)
Other comprehensive income:
Release of translation reserve upon disposal of a subsidiary	(220)		220
Total comprehensive income for the year	207,502	1,037,980	(86,960)
Profit/(loss) for the year attributable to:
Owners of the Company	213,193	1,032,798	(87,180)
Non-controlling interest	(5,471)	5,182
Total Profit/(loss) for the year	207,722	1,037,980	(87,180)
Total comprehensive income for the period attributable to owners of the Company
Owners of the Company	212,973	1,032,798	(86,960)
Non-controlling interest	(5,471)	5,182
Total comprehensive income for the year	$ 207,502	$ 1,037,980	$ (86,960)

Consolidated Statements of Cash Flows - USD ($)

12 Months Ended

Apr. 30, 2026

Apr. 30, 2025

Apr. 30, 2024

Cash flows from operating activities

Net income (loss)

$ 207,722

$ 1,037,980

$ (87,180)

Adjustments to reconcile net income to net cash provided by operating activities

Amortization of right-of-use assets

^[1]

19,561

6,741

Allowance for expected credit loss

208,974

Equity in earnings of equity method investee

(199,309)

Realized gain on trading securities

(2,332)

Unrealized gain on trading securities

(35)

Deferred income tax, net

(35,269)

Changes in operating assets and liabilities:

Account receivables

179,626

(408,600)

Prepayment and other current assets, net

(9,487)

Contract liabilities

(13,743)

(90,667)

104,410

Accrued expenses and other current liabilities

(20,647)

68,530

71,314

Lease liabilities

(19,488)

(8,600)

Income taxes payables

(51,788)

109,968

Net cash provided by operating activities

273,272

705,865

88,544

Cash flows from investing activities

Investment in equity method investee

(400)

Purchase of trading securities

(429,998)

Disposal of trading securities

330,000

Cash disposed upon disposal of a subsidiary, net of cash proceeds received

(125,718)

Net cash generated from/(used in) investing activities

(226,116)

Cash flows from financing activities

Dividend paid

(300,000)

(580,000)

Advance from a related party

142,893

9,805

162,180

Payments of offering costs related to IPO

(201,437)

Net cash (used in) provided by financing activities

(358,544)

(570,195)

162,180

NET INCREASE IN CASH AND CASH EQUIVALENTS

(311,388)

135,670

250,724

Effect of foreign exchange rate changes

220

Cash and cash equivalents at beginning of year

386,614

250,944

Cash and cash equivalents at end of year

75,226

386,614

250,944

SUPPLEMENTAL CASH FLOW INFORMATION:

Cash paid for interest

NON-CASH TRANSACTION:

Lease liabilities arising from obtaining right-of-use assets

30,338

53,925

Disposal of a subsidiary in exchange for consideration receivable

$ 256,410

[1]	The right of use assets was amortized over the lease term, i.e. 2 years.

Consolidated Balance Sheets - USD ($)

Apr. 30, 2026

Apr. 30, 2025

Apr. 30, 2024

Current assets:

Cash and cash equivalents

$ 75,226

$ 386,614

$ 250,944

Investments in trading securities

102,365

Accounts receivable, net

20,000

408,600

Prepayment and other current assets, net

9,487

Amount due from non-controlling shareholder

628

Total current assets

454,629

804,701

250,944

Non-current assets

Operating lease right-of-use assets, net

13,024

47,184

Deferred initial public offering costs

201,437

Investment in equity method investee

199,709

Deferred tax assets

37,418

Total non-current assets

451,588

47,184

Total assets

906,217

851,885

250,944

Current liabilities

Accrued expenses and other current liabilities

117,178

139,844

71,314

Tax payables

58,180

109,968

Contract liabilities

13,743

104,410

Operating lease liabilities, current portion

13,024

26,719

Total current liabilities

540,906

412,259

287,904

Non-current liabilities

Operating lease liabilities, non-current portion

18,606

Deferred tax liabilities

2,149

Total non-current liabilities

2,149

18,606

Total liabilities

543,055

430,865

287,904

SHAREHOLDERS’ EQUITY (DEFICIT)

Additional paid-in capital

83,812

49,800

Accumulated other comprehensive income (loss)

220

Retained earnings (Accumulated deficit)

278,811

365,618

(87,180)

Total Barentsz Capital Limited shareholders’ equity

362,823

415,838

(36,960)

Non-controlling interests

339

5,182

Total equity/(Shareholders’ deficit)

363,162

421,020

(36,960)

TOTAL EQUITY AND LIABILITIES

906,217

851,885

250,944

Common Class A [Member]

SHAREHOLDERS’ EQUITY (DEFICIT)

Ordinary Shares

Common Class B [Member]

SHAREHOLDERS’ EQUITY (DEFICIT)

Ordinary Shares

110

Related Party [Member]

Current assets:

Amount due from a related party

256,410

Current liabilities

Amount due to related parties

^[1],[2]

$ 352,524

$ 121,985

$ 112,180

[1]	Other individual represents a director of Barentsz HK, which was disposed of by the Company on May 23, 2025.
[2]	The balances represented advances for operational purposes. These amounts were unsecured, interest-free, had no fixed terms of repayment and were non-trade related.