For the quarter ending 2025-10-31, RPDL has $27,455 in assets. $55,500 in debts.
| Balance Sheets | 2025-10-31 | 2025-07-31 | ||
|---|---|---|---|---|
| Bank account | 1,098 | 0 | ||
| Prepaid expenses | 53 | 53 | ||
| Total current assets | 1,151 | 53 | ||
| Mobile application and website development | 41,000 | 41,000 | ||
| Accumulated depreciation | 14,696 | 12,646 | ||
| Total non-current intangible assets | 26,304 | 28,354 | ||
| Total assets | 27,455 | 28,405 | ||
| Accounts payable/accrued liabilities | 898 | 13,500 | ||
| Interest payable | 0 | 0 | ||
| Total current liabilities | 898 | 13,500 | ||
| Director loan | 0 | 11,000 | ||
| Due to third party | 54,602 | 1,647 | ||
| Promissory note | 0 | 0 | ||
| Total long term liabilities | 54,602 | 12,647 | ||
| Total liabilities | 55,500 | 26,147 | ||
| Common stock, 0.0001 par value, 75,000,000 shares authorized 3,632,750 shares issued and outstanding october 31, 2025 and january 31, 2025 respectively | 364 | 364 | ||
| Additional paid-in-capital | 22,542 | 22,542 | ||
| Accumulated deficit | -50,951 | -20,647 | ||
| Total stockholders equity | -28,045 | 2,258 | ||
| Total liabilities and stockholders equity | 27,455 | 28,405 | ||
Rapid Line Inc. (RPDL)
Rapid Line Inc. (RPDL)