Visionary (GV) 20-F 12 Aug 22 2022 FY Annual report (foreign) Financial data

Cover

Cover - shares	12 Months Ended
	Mar. 31, 2022	Aug. 10, 2022
Entity Addresses [Line Items]
Document Type	20-F
Amendment Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--03-31
Entity File Number	001-41385
Entity Registrant Name	Visionary Education Technology Holdings Group Inc.
Entity Central Index Key	0001892274
Entity Incorporation, State or Country Code	Z4
Entity Address, Address Line One	200 Town Centre Blvd.
Entity Address, Address Line Two	Suite 408A
Entity Address, Address Line Three	Markham
Entity Address, City or Town	Ontario
Entity Address, Country	CA
Entity Address, Postal Zip Code	L3R 8G5
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Document Accounting Standard	U.S. GAAP
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		39,250,000
Auditor Firm ID	1930
Auditor Name	MNP LLP
Auditor Location	Vancouver, BC, Canada
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	200 Town Centre Blvd.
Entity Address, City or Town	Ontario
Entity Address, Country	CA
Entity Address, Postal Zip Code	L3R 8G5
City Area Code	+1 (647)
Local Phone Number	906-0368
Contact Personnel Name	Mr. Guiping (David) Xu
Contact Personnel Email Address	davidxu@farvision.ca

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Mar. 31, 2021
CURRENT ASSETS
Cash	$ 741,868	$ 1,190,616
Short-term investments	56,021	0
Accounts receivable, net	1,653	183,690
Accounts receivable - related party	0	286,272
Prepaid and other receivable	179,647	81,522
Inventories		839,390
Due from related parties	432,676	3,104,042
Loan receivable - current	131,036	0
Related parties loan receivable - current	0	105,898
Total current assets	1,542,901	5,791,430
Restricted cash – non-current	67,821	0
Property, plant and equipment, net	23,240,470	4,469,767
Right of use assets	958,477	35,445
Intangible assets, net	1,082,061	428,061
Acquisition deposits	7,364,241	2,496,790
Goodwill	1,030,399	0
Loan receivable	0	127,232
Deferred offering cost	940,214	0
Related parties loan receivable – non-current	0	318,377
TOTAL ASSETS	36,226,584	13,667,102
CURRENT LIABILITIES
Accounts payable	278,544	50,198
Accrued liabilities	1,465,318	120,149
Other tax payable	1,435,045	1,020,329
Due to related parties	7,219,022	1,471,191
Deferred revenue	532,520	201,169
Lease liability - current	211,600	16,150
Bank loans - current	542,264	172,629
Income tax payable	1,598,153	1,116,024
Total current liabilities	13,282,466	4,167,839
Deferred tax liabilities	243,762	33,627
Lease liability, non-current	746,877	19,295
Bank loans, non-current	18,278,316	6,214,428
TOTAL LIABILITIES	32,551,421	10,435,189
Commitments
EQUITY
Common shares, no par value, unlimited shares authorized, 35,000,000 issued and outstanding
Additional paid-in capital	665,985	665,985
Retained earnings	2,587,747	2,577,998
Accumulated other comprehensive income	185,179	163,295
Total shareholders’ equity attributable to the Company	3,438,911	3,407,278
Noncontrolling interest	236,252	(175,365)
Total shareholders’ equity	3,675,163	3,231,913
TOTAL LIABILITIES AND EQUITY	$ 36,226,584	$ 13,667,102

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical)	Mar. 31, 2021 $ / shares shares
Statement of Financial Position [Abstract]
Common Stock, No Par Value | $ / shares	$ 0
Common Stock, Shares, Outstanding | shares	35,000,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Total Revenues	$ 5,248,461	$ 7,725,221
Total cost of revenues	2,637,025	3,459,447
Gross Profit	2,611,436	4,265,774
Operating expenses:
General and administrative expenses	437,278	132,224
Professional fees	350,636	211,517
Salaries	792,546	193,247
Total operating expenses	1,580,460	536,988
Income from operations	1,030,976	3,728,786
Other (expense) income
Interest expense	(906,398)	(141,690)
Impairment loss	(379,165)	0
Government subsidies	490,171	84,657
Other income	20,709	245,019
Total other (expense) income, net	(774,683)	187,986
Income before income taxes	256,293	3,916,772
Provision for income taxes - current	(312,767)	(1,003,126)
Net (loss) income	(56,474)	2,913,646
Less: net loss (income) attributable to noncontrolling interest	66,223	(46,789)
Net income attributable to Visionary Education Technology Holdings Group	9,749	2,866,857
Other comprehensive income:
Foreign currency translation gain	26,333	164,684
Comprehensive (loss) income	(30,141)	3,078,330
Less: comprehensive loss (income) attributable to noncontrolling interest	61,774	(23,626)
Comprehensive income attributable to Visionary Education Technology Holdings Group	31,633	3,054,704
Rent [Member]
Total Revenues	2,298,198	674,898
Total cost of revenues	1,322,188	256,981
Tuition [Member]
Total Revenues	669,442	358,241
Total cost of revenues	319,913	124,762
Construction [Member]
Total Revenues	8,117	78,219
Total cost of revenues	4,663	19,529
Salesof Land [Member]
Total Revenues	2,272,704	6,613,863
Total cost of revenues	$ 990,261	$ 3,058,175

CONSOLIDATED STATEMENTS OF IN_2

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Parenthetical) - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement [Abstract]
Earnings Per Share, Basic	$ 0	$ 0.08
Earnings Per Share, Diluted	$ 0	$ 0.08
Weighted Average Number of Shares Outstanding, Basic	35,000,000	35,000,000
Weighted Average Number of Shares Outstanding, Diluted	35,000,000	35,000,000

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDER'S EQUITY - USD ($)		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Mar. 31, 2020			$ 665,985	$ (288,859)	$ (24,552)	$ (198,991)	$ 153,583
Beginning balance , shares at Mar. 31, 2020	[1]	35,000,000
Net income for the year				2,866,857		46,789	2,913,646
Investment in subsidiary - Toronto ESchool						31,808	31,808
Capital contribution made by noncontrolling shareholders - Art Academy						(31,808)	(31,808)
Foreign currency translation loss					187,847	(23,163)	164,684
Ending balance, value at Mar. 31, 2021			665,985	2,577,998	163,295	(175,365)	3,231,913
Ending balance , shares at Mar. 31, 2021	[1]	35,000,000
Net income for the year				9,749		(66,223)	(56,474)
Foreign currency translation loss					21,884	4,449	26,333
Capital contribution made by noncontrolling shareholders - Conbridge						6,345	6,345
Capital contribution made by noncontrolling shareholders - Lowell						42,731	42,731
Capital contribution made by noncontrolling shareholders - Princeton						(1)	(1)
Capital contribution made by noncontrolling shareholders – MTM Animation						424,316	424,316
Ending balance, value at Mar. 31, 2022			$ 665,985	$ 2,587,747	$ 185,179	$ 236,252	$ 3,675,163
Ending balance , shares at Mar. 31, 2022	[1]	35,000,000
[1]Retroactively restated for effect of recapitalization

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net (loss) income	$ (56,474)	$ 2,913,646
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	494,729	53,763
Gain recognized on government subsidy	22,883	(45,450)
Impairment loss on intangible assets and goodwill	379,165	0
Changes in operating assets and liabilities:
Accounts receivable	202,741	(174,982)
Accounts receivable from related party	167,550	(272,700)
Inventories	842,346	2,686,597
Prepayments and other current assets	(97,322)	(77,657)
Due from related party	2,114,745	(2,692,545)
Accounts payables	227,370	37,367
Accrued liabilities	854,071	114,453
Other tax payable	406,999	877,215
Deferred revenue	329,113	9,796
Taxes payable	473,607	1,010,214
Net cash provided by operating activities	6,361,523	4,439,717
Cash flows from investing activities:
Acquisition of business	(471,550)	(151,500)
Acquisition deposit	(17,016,884)	(2,378,418)
Purchase additional shares from NCI	0	(31,808)
Loan advance to related parties	425,770	(377,785)
Refund of land deposit	52,668	0
Short-term investment	(55,860)	0
Loan advance to unrelated parties	(2,979)	(121,200)
Acquisition deposits	(7,215,396)	0
Net cash used in investing activities	(24,284,231)	(3,060,711)
Cash flows from financing activities:
Proceeds from bank loan	85,909	136,350
Proceeds from mortgage	12,768,000	6,060,000
Finance costs on mortgage	(49,928)	(30,300)
Deferred offering costs	(451,049)	0
Repayment of mortgage	(469,921)	(2,565,470)
Proceeds (Repayment) of shareholder advance	5,652,248	(3,995,358)
Net cash provided by (used in) financing activities	17,535,259	(394,778)
Effect of exchange rate changes on cash	6,522	96,528
Net increase (decrease) in cash	(380,927)	1,080,756
Cash and restricted cash, beginning of the year	1,190,616	109,860
Cash and restricted cash, end of the year	809,689	1,190,616
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for income tax	0	0
Cash paid for interest	$ 906,398	$ 117,708

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Visionary Education Technology Holdings Group Inc. (“Visionary Group” or the “Company”), formerly known as 123 Natural Food Ontario Ltd., is a company limited by shares incorporated under the Business Corporation Act of Ontario, Canada on August 20, 2013. The Company, through its subsidiaries, is primarily engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services. Ms. Fan Zhou is the controlling shareholder (the “Controlling Shareholder”) of the Company by holding 58.5% of the equity interests of the Company through 3888 Investment Group Limited, which owns a 65% equity interest of Visionary Group. On May 19, 2022, the Company closed its initial public offering (“IPO”) of 4,250,000 4.00 17.0 Reorganization On April 1, 2019, the Controlling Shareholder transferred her 100% equity interest in Visionary Education Real Estate Group Inc., formerly known as 123 Real Estate Development Ontario Ltd., to Visionary Group. After this reorganization, Visionary Group ultimately owns 100 Since the Company and its wholly-owned subsidiary, Visionary Education Service & Management Inc., are effectively controlled by the same Controlling Shareholder before and after the reorganization, they are considered under common control. The above-mentioned transaction was accounted for as a reorganization. The consolidation of the Company and this subsidiary has been accounted for at historical cost and prepared on the basis as if the aforementioned transactions had become effective as of the beginning of the first period presented in the accompanying consolidated financial statements. The details of Visionary Education Technology Holdings Inc. and our subsidiaries are set out below as of the date of this report: Schedule of subsidiaries Name of Entity Date of Incorporation/Acquisition Place of Incorporation % of Ownership Principal Activities Visionary Education Technology Holdings Group Inc. (“Visionary Group” or the “Company”) August 20, 2013 Richmond Hill, Ontario Parent Holding company and rental business Visionary Education Service and Management Inc. (“VESM”) August 20, 2013 Richmond Hill, Ontario 100 Real estate development Farvision Education Group Inc. (“Farvision Education”) May 14, 2020 Toronto, Ontario 100 Education services NeoCanaan Investment Corporation (“NeoCanaan Investment”) May 26, 2020 Richmond Hill, Ontario 100 rental business Farvision Development Group Inc. (“Farvision Development”) July 20, 2010 Scarborough, Ontario 100 Construction Canada Animation Industry Group Inc. (“Animation Group”) October 8, 2020 Richmond Hill, Ontario 100 Rental business Toronto ESchool Ltd. (“Toronto ESchool”) November 15, 2017 Toronto, Ontario 70 Online high school education Maple Toronto Art Academy Inc. (“Art Academy”) July 27, 2020 Toronto, Ontario 80 Arts and high school education 9651837 Canada Inc. (“Lowell Academy”) June 12, 2021 Toronto, Ontario 70 High school education 7621531 Canada Inc. (“Conbridge College”) September 1, 2021 Toronto, Ontario 80 Career college education Max the Mutt Animation Inc. (“MTM Animation”) February 28, 2022 Toronto, Ontario 70 Animation education 13995191 Canada Inc May 20,2022 Markham, Ontario 100 Holding company to hold Moatfield property Griggs International Academy China Co. Ltd. (“Griggs China”), July 31 2022 Hong Kong, China 90 Private K-12 education 1 On August 20, 2013, Ms. Fan Zhou incorporated 123 Natural Food Ontario Ltd. as a sole shareholder in Richmond Hill, Ontario. On March 25, 2021, the Company filed an article of amendment to change its name to Visionary Education Technology Holdings Group Inc. (“Visionary Group”). Ms. Fan Zhou transferred her 100% equity interest of Visionary Group to 3888 Investment Group Limited at cost on August 21, 2013. On August 20, 2013, Ms. Fan Zhou incorporated 123 Real Estate Development Ontario Ltd. as a sole shareholder in Richmond Hill, Ontario. On April 1, 2019, Ms. Fan Zhou transferred all the shares to Visionary Group. On May 28, 2021, 123 Real Estate Development Ontario Ltd. filed an article of amendment to change its name to Visionary Education Real Estate Group Inc. (“Visionary Real Estate”). On October 12, 2021 Visionary Real Estate filed amendment to change its name to Visionary Education Services & Management Inc. (“VESM”) On February 25, 2019, VESM entered into a share purchase agreement to acquire 100% of the equity interests in PrideMax Construction Group Inc. (“PrideMax Construction”), a company incorporated on July 20, 2010 in Scarborough, Ontario and had no active business since inception, from its original shareholder for $0.8 (C$1). The transaction was completed on April 1, 2019. On May 23, 2020, VESM transferred 100% of the equity interests in PrideMax Construction to NeoCannaan Investment Corporation. On June 16, 2021, PrideMax Construction filed an article of amendment to change its name to Farvision Development Group Inc (“Farvision Development”). On May 14, 2020, Farvision Education Group Inc. (“Farvision Education”) was incorporated under the Canada Business Corporation Act. Visionary Group owns all the issued shares of Farvision Education. On November 15, 2017, the Company entered into a share purchase agreement to acquire 55% of the equity interest in Toronto ESchool Inc. (“Toronto ESchool”), a company incorporated on March 7, 2016 in Toronto, Canada, from its original shareholder, China Youth (Canada) Langton Education Technology Co. Ltd. (“Langton Canada”) for $0.8 (C$1). Langton Canada is a related party of the Company due to common control, as Ms. Fan Zhou was the sole director of Langton Canada. It was considered an asset acquisition in accordance with ASU 2017-01 since substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or a group of similar identifiable assets – a private high school license. On June 19, 2020, the Company further acquired 15% of the equity interests in Toronto ESchool from its original shareholder (a third party) for consideration of $31,808 (C$40,000). After this transaction, the Company owns total of 70% of the equity interests of Toronto ESchool. On June 19, 2020, the Company transferred its 70% of equity interests in Toronto ESchool to its wholly owned subsidiary Farvision Education. On July 15, 2020, Farvision Education entered into an investment agreement with 2549601 Ontario Inc., which owns a private high school license registered with the Ontario Ministry of Education, to incorporate Maple Toronto Arts & Performance Academy Inc. with a total investment of $159,040 (C$200,000) from both parties. Pursuant to the agreement, Farvision Education subscribed for 80% of its total 200,000 common shares at C$ 1.00 per share, and 2549601 Ontario Inc. subscribed the remaining 20% of its total common shares, which was completed on July 27, 2020. On August 3, 2020, the Company filed an article of amendment to change the name of Maple Toronto Arts & Performance Academy Inc. to Maple Toronto Art Academy Inc. (“Art Academy”). On July 27, 2020, Art Academy entered into a license transfer agreement with 2549601 Ontario Inc. (operating as Alathena International Academy Richmond Hill), a private high school registered with Ontario Ministry of Education. Pursuant to the agreement, Art Academy acquired the private high school license for a consideration of $159,040 (C$200,000). The transaction was completed on September 1, 2020. On May 26, 2020, NeoCanaan Investment Corporation (“NeoCanaan Investment”) was incorporated under the Canada Business Corporation Act. Visionary Group owns all the issued shares of NeoCanaan Investment. On October 8, 2020, Canada Animation Industry Group Inc. (“Animation Group”) was incorporated under the Canada Business Corporation Act. NeoCanaan Investment owns all the issued shares of Animation Group. On April 1, 2021, Visionary Education Services and Management Inc. (“VESM”) entered into a share transfer agreement with Mr. Jason Wang, a related party, to transfer his 100% of the equity interests in Glorious Future Study Abroad Immigration Group Inc. (“Glorious Immigration”) and PrideMax International Human Resources Services Inc. (“PrideMax HR”) for $0.8 (C$1). The transaction was completed on June 12, 2021. On June 16, 2021, Glorious Immigration changed its name Visionary Study Aboard & Immigration Services Inc. (“Visionary Immigration”). On June 17, 2021, PrideMax HR changed its name to Farvision Human Resources Service Company Inc. (“Farvision HR”). As of March 31, 2022, both Visionary Immigration and Farvision HR have been inactive since the acquisition by VESM. On June 6, 2021, Farvision Education entered into a share transfer agreement with Mr. Jason Wang, a related party, to transfer his 70% of the equity interests in Princeton Career Education Group Inc. (“Princeton Career”) for $0.8 (C$1). The transaction was completed on June 12, 2021. On June 12, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of 9651837 Canada Inc. (o/a “Lowell Academy”), a private high school offering classes for Grades 9-12 students and registered with Ontario Ministry of Education. Pursuant to the agreement, Farvision Education subscribed for 70% of the shares of Lowell Academy for a consideration of $168,063 (C$210,000). The transaction was completed on June 12, 2021. On March 1, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of 7621531 Canada Inc., operating as Conbridge College of Business and Technology (“Conbridge College”), a private career college registered with Ontario Ministry of Colleges and Universities. Pursuant to the agreement, Farvision Education acquired 80% of the equity interests of Conbridge College of Business and Technology for a total consideration of $64,024 (C$80,000). The transaction was closed on September 1, 2021. On December 19, 2020, Farvision Education entered into a purchase agreement with the original shareholders of Max the Mutt Animation Inc. (“MTM Animation”), a private vocational college registered with Ontario Ministry of Colleges and University, to purchase all of the issued and outstanding shares of MTM Animation for a total consideration of $2.1 million (C$2.6 million). The consideration included two components: i) a fixed or guaranteed purchase price of $1.7 million (C$2.1 million), and ii) post-closing performance-based payments aggregating up to $400,150 (C$500,000). The Company acquired 70% of equity interest of MTM Animation for a total consideration of $1,456,546 (C$1,820,000) on February 28, 2022. The remaining 30% of the purchased shares will be transferred over three years on the anniversary of the first three years after the closing. On February 28, 2022, the Company and the original shareholders of MTM Animation signed an amended agreement to transfer the remaining 30% of the purchased shares over three years by transferring 10% of the purchased shares each year after the Company making three payments of $80,030, $80,030, and $64,024 (C$100,000, C$100,000, and C$80,000) on May 10, 2022, February 28, 2023 and February 28, 2024, respectively. The remaining terms remain unchanged, including the post-closing performance-based payments. (See Note 8) On July 26, 2022, in order to better use the capital raised in connection with the IPO, improve the efficiency of the operations, streamline the business lines to focus on its core education sector, and optimize the structure of the vocational educational business, the Board of the Company approved to divest its three subsidiaries: Visionary Immigration, Farvision HR, and Princeton Education. The divestiture of these three subsidiaries does not represent a strategic shift of the Company and has no major effect on the Company’s operations and financial results. (See Note 18) As reflected in the Company’s consolidated financial statements, the Company had cash balance of $ 741,868 11.7 56,474 As of March 31, 2022, the Company had bank loan balance of approximately $ 18.9 1.6 1.4 73.2 93.3 7.2 9.0 7.8 9.8 The Company currently plans to fund its operations and support its ongoing acquisition projects mainly through cash flow from its operations, renewal of bank borrowings, borrowing from the controlling shareholder, and additional equity financing from outside investors, if necessary, to ensure sufficient working capital. However, no assurance can be given that additional financing, if required, would be available on favorable terms or at all. If the available fund is not sufficient to meet the required minimum capital requirements, it could have an adverse impact on the Company’s operations. On May 19, 2022, the Company successfully closed its IPO which resulted in net proceeds of approximately $ 14.3 48.0 60.0 Based on the current operating plan, management believes that the above-mentioned measures collectively will provide sufficient liquidity for the Company to meet its future liquidity and capital requirement for at least 12 months from the date of this report

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and have been consistently applied. The accompanying consolidated financial statements include the financial statements of Visionary Group and its subsidiaries. All inter-company balances and transactions have been eliminated upon consolidation. Noncontrolling Interests As of March 31, 2021, noncontrolling interests represent 30 20 30 20 30 30 20 30 The noncontrolling interests are presented in the consolidated balance sheets, separately from equity attributable to the shareholders of the Company. Noncontrolling interests in the operating results of the Company are presented on the face of the consolidated statements of income and comprehensive income as an allocation of the total income or loss between noncontrolling interest holders and the shareholders of the Company. Use of Estimates In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, valuation of other receivables, useful lives of property, plant and equipment and student list as intangible assets, the recoverability of intangible assets and goodwill, allocation of cost between building and land newly acquired, revenue recognition, fair value of intangible assets at business acquisition, provision necessary for contingent liabilities, and realization of deferred tax assets. Actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, the balances with banks and the liquid investments with maturities of three months or less at the date of acquisition. The Company maintains all its bank accounts in Canada, which are insured by Canadian Deposit Insurance Corporation up to C$100,000 for eligible deposits. Bank balances in MTM Animation and Toronto ESchool exceeded the insured limit of $ 349,478 436,684 135,099 168,810 Restricted cash The Company’s subsidiaries Conbridge College and MTM Animation are required to maintain a term deposit with a financial institution as collateral for an irrevocable standby letter of credit issued in favor of the Ministry of Training, Colleges and Universities under the Ontario Private Career Colleges Act 2005. As at March 31, 2022 and 2021, the Company had term deposit of $ 67,821 0 Short-term investments The Company’s short-term investments consist of mutual fund investments purchased from Canadian banks. These investments are carried at fair value at the date of the consolidated balance sheets and are redeemable at any time as working capital when needed. The Company has short-term investments of $ 56,021 0 Accounts Receivable Accounts receivable are presented net of allowance for doubtful accounts. The Company usually determines the adequacy of reserves for doubtful accounts based on individual account analysis and historical collection trends. The Company establishes a provision for doubtful receivables when there is objective evidence that the Company may not be able to collect amounts due. The allowance is based on management’s best estimates of specific losses on individual exposures, as well as a provision on historical trends of collections. The provision is recorded against accounts receivables balances, with a corresponding charge recorded in the consolidated statements of income and comprehensive income (loss). Delinquent account balances are written off against the allowance for doubtful accounts after management has determined that the likelihood of collection is not probable. No allowance for uncollectible balances were recorded for the years ended March 31, 2022 and 2021, respectively, as the Company considered all of balances is to be fully collected. Inventories Land held for future sales is measured at the lower of cost and estimated net realizable value. Net realizable value is the estimated selling price in the ordinary course of the business at the balance sheet date, less costs to complete and estimated selling costs. Cost includes land acquisition costs, other direct costs such as borrowing costs, property taxes and legal costs, etc. As of March 31, 2022 and 2021, no Prepayments and Other Receivables Prepayments and other receivables primarily consist of advances to non-related suppliers for short term operation support, employee advances, and prepayments on property taxes and other expenses. These advances are interest free, unsecured and short-term in nature and are reviewed periodically to determine whether their carrying value has become impaired. No impairment was recorded as of March 31, 2022 and 2021, as the Company considered all of the prepayments to be fully realizable and the advances to be repaid. Property, Plant and Equipment Property, plant and equipment are stated at cost less accumulated depreciation and amortization. The straight-line depreciation method is used to compute depreciation over the estimated useful lives of the assets, as follows: Schedule of estimated useful lives Useful life Buildings 30 Furniture and equipment Decline method at 20% Land Not depreciated Computer and software Decline method at 30% Leasehold improvement Straight line over 5 years Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments that substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of income and other comprehensive income as other income or expenses. Indefinite-Lived Intangible Assets An intangible asset determined to have an indefinite useful life is not amortized. Indefinite-lived intangible assets are tested for impairment on an annual basis at year end, or more frequently if an event occurs or circumstances change that indicate the fair value of an indefinite-lived intangible asset could be below its carrying amount. The Company’s indefinite-lived intangible assets consist primarily of i) the registrations and qualifications arising from acquisitions of Lowell Academy, Art School, and Toronto Eschool which allow the Company to grant credits to students under Ontario Secondary School Diploma (the “OSSD”) by qualified secondary schools registered at Ontario Ministry of Education, ii) the registrations and the qualifications to operate as a private career college registered with Ontario Ministry of Training, Colleges and Universities, arising from the acquisitions of equity interest of Conbridge College and MTM Animation, and iii) the brand name and reputation in the education market arising from acquisition of MTM Animation equity interest. In testing the indefinite-lived intangibles assets for potential impairment, the Company applies either a qualitative test, or a quantitative test, in accordance with ASC 350, Intangibles — Goodwill and Other. A qualitative approach may be applied when the Company concludes that it is not “more likely than not” that the fair value of the indefinite-lived intangible assets is less than their carrying value. A quantitative impairment test consists of comparing the fair value of the indefinite-lived intangible asset with its carrying amount. An impairment loss would be recognized for the carrying amount in excess of its fair value. Significant judgment and estimates are applied when evaluating whether an intangible asset has an indefinite useful life and in testing for impairment. The Company recognized impairment of $ 280,098 0 Definite-Lived Intangible Assets The intangible assets with definite lives are stated at cost, less accumulated amortization. Amortization is provided on a straight-line basis over the terms. The Company recognized intangible assets of student lists arising from acquisition of Lowell Academy and MTM Animation. These intangible assets are amortized over the term between 1 4 10,404 140,853 10,404 0 Goodwill Goodwill represents the excess of the purchase price over the fair value of the net identifiable assets, liabilities and contingent liabilities acquired in business combinations. Identifiable intangible assets are recognized separately from goodwill when they are separable or arise from contractual or other legal rights, and have fair values that can be reliably measured. Goodwill is not amortized and is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis, or more frequently if an event occurs or circumstances change that indicate the fair value of goodwill could be below its carrying amount. The Company recognized impairments of $ 99,068 0 Impairment of Long-lived Assets The Company reviews long-lived assets, including property, plant and equipment, definitive-lived intangible assets, and ROU assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If the estimated cash flows from the use of the asset and its eventual disposition are below the asset’s carrying value, then the asset is deemed to be impaired and written down to its fair value. The Company recognized impairment of $ 280,098 0 Fair Value of Financial Instruments ASC 825-10 Financial Instruments requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: · Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. · Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted market prices for identical or similar assets in markets that are not active, inputs other than quoted prices that are observable and inputs derived from or corroborated by observable market data. · Level 3 - inputs to the valuation methodology are unobservable. Unless otherwise disclosed, the fair value of the Company’s financial instruments including cash, short-term investment, accounts receivable, accounts receivable – related party, due from related party, related parties loan receivable, loan receivable, other receivable (excluding tax receivable), long-term restricted cash, accounts payable, accrued liabilities, due to related parties, current portion of lease liabilities, and short-term bank loans approximate their fair values because of the short-term nature of these instruments. The Company believes that the carrying amount of the short-term and long-term borrowings approximates fair value at March 31, 2022 and 2021 based on the terms of the borrowings and current market rates as the rates of the borrowings are reflective of the current market rates. Leases The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, current lease liabilities, and long-term lease liabilities in the consolidated balance sheets. Finance leases are included in property, plant and equipment, other current liabilities and other long-term liabilities in the consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As one of the Company’s leases does not provide an implicit rate, the incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date is used. The operating lease ROU asset also includes any lease payment made and excludes lease incentives. The Company may also include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Deferred Offering Cost Deferred offering costs were expenses directly related to the IPO. These costs consisted of legal, accounting, printing, and filing fees that the Company capitalized. The deferred offering costs are reclassified to additional paid-in capital upon receipt of the capital raised. Business Combinations Business combinations are accounted for under the acquisition method of accounting. Under the acquisition method, assets and liabilities of the business acquired are recorded at their estimated fair values as of the date of acquisition with any excess of the cost of the acquisition over the fair value of the net tangible and intangible assets acquired recorded as goodwill. Results of operations of the acquired business are included in the income statement from the date of acquisition. Government Subsidies Government subsidies represent cash subsidies received from the government of Canada to subsidize the wage expense under Canada Emergency Wage Subsidy (CEWS) program and rent expense under Canada Emergency Rent Subsidy (CERS) program for the business affected by COVID-19, as well as the forgivable portion of the loans provided under Canada Emergency Business Account (CEBA) program. The Company recognizes the government grant as other income when cash is received and the Company will comply with the relevant conditions with reasonable assurance. For the years ended March 31, 2022 and 2021, the Company received subsidy of $ 326,640 39,207 163,530 0 240,090 80,030 160,060 200,000 Revenue Recognition The Company follows ASC 606 Revenue from Contracts with Customers, which establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. To determine revenue recognition for contracts with customers, the Company performs the following five steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not The Company generates its revenues through educational programs and services with individual students. In addition, the Company generates revenues from other services such as sale of vacant lands, rental, and renovation projects. The primary sources of the Group’s revenues are as follows: Revenue from educational programs and services Each contract of educational programs and services is accounted for as a single performance obligation which is satisfied proportionately over the service period. For the Company’s online education courses, tuition fee is generally collected in advance and is initially recorded as deferred revenue. When tuition is paid at registration, the student is given access to online courses. The student normally has six months to complete the online courses by watching online learning materials and passing the required online exams. The student has an option to extend the course learning period from six months to maximum of twelve months for an additional cost. After twelve months from the registration, the student will lose the access of registered course. No refund is available for tuition. The tuition income is recognized over the period that the course is expected to be completed. Revenue Recognition (continued) For the Company’s other high school and private college education programs, all tuition fee, ancillary service fee and application fees are collected in advance and are initially recorded as deferred revenue. Revenue attributable to educational services is recognized over time, based on a straight-line basis over the school semester, as customers simultaneously receive and consume the benefits of these services throughout the service period. The refund is recorded as a reduction of deferred revenue and has no impact on the recognized revenue. The Company has not experienced significant refunds. Revenue from rental The Company rents an office building to several tenants and earns rental revenue. Rental revenues are recognized as earned in accordance with the terms of the respective lease agreement on a straight-line basis. Promotional discounts are recognized as a reduction to rental income over the promotional period. Late charges, administrative fees and other fees are recognized as income when earned. Management reviews the tenant’s payment history and financial condition periodically in determining, in its judgment, whether any accrued rental income and unbilled rent receivable balances applicable to each specific property is collectable. Revenue from renovation project The Company provides decoration and construction services mainly for the education institutions. These projects are normally completed within several weeks. The Company recognizes revenue associated with these projects when the project is completed and accepted by the customer. Revenue from sales of vacant lands The Company recognizes revenue from the sales of vacant lands when the legal title is transferred to the buyers. Contract Assets and Liabilities Payment terms are established on the Company’s pre-established credit requirements based upon an evaluation of customers’ credit quality. Contract assets are recognized in related accounts receivable. Contract liabilities are recognized for contracts where payment has been received in advance of delivery. The contract liability balance can vary significantly depending on the timing of when payment is received and when shipment or delivery occurs. As of March 31, 2022 and 2021, other than accounts receivable, deferred financing costs, deposit from tenants and deferred revenue, the Company had no other material contract assets, contract liabilities or deferred contract costs recorded on its consolidated balance sheet. Disaggregation of Revenues The Company disaggregates its revenue from contracts by service or products, as the Company believes it best depicts how the nature, amount, timing and uncertainty of the revenue and cash flows are affected by economic factors. The Company’s disaggregation of revenues for year ended March 31, 2022 and 2021 are disclosed in Note 17 of this consolidation financial statements. Income Taxes The Company uses the liability method of income tax allocation to account for income taxes. Deferred income tax assets and liabilities are recognized based upon temporary differences between the financial reporting and income tax bases of assets and liabilities and measured using enacted income tax rates and tax laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred income tax assets to the amount that is more likely than not to be realized. The Company considers both positive evidence and negative evidence on deferred tax assets, to determine whether, based upon the weight of that evidence, a valuation allowance is required for deferred tax assets. Judgment is required in considering the relative impact of negative and positive evidence. Significant judgment is also required in evaluating the Company’s uncertain income tax positions and provisions for income taxes. Liabilities for uncertain income tax positions are recognized based on a two-step approach. The first step is to evaluate whether an income tax position has met the recognition threshold by determining if the weight of available evidence indicates that it is more likely than not to be sustained upon examination. The second step is to measure the income tax position that has met the recognition threshold as the largest amount that is more than 50% likely of being realized upon settlement. The Company continually assesses the likelihood and amount of potential adjustments and adjusts the income tax provisions, income taxes payable and deferred income taxes in the period in which the facts that give rise to a revision become known. The Company recognizes interest and penalties related to uncertain income tax positions as interest expense, which is then netted and reported within investment income. Sale Tax (“GST/HST”) The Company is registered under Canada’s Goods and Services Tax (GST) and Harmonized Sales Tax (HST) account. Sales revenue represents the invoiced value of goods and services, net of GST/HST. The Company is operating mainly in the Province of Ontario which is subject to HST rate of 13% for its products and services supplied in Ontario, and thus the Company’s tuition revenue is GST/HST exempted. Earnings per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average number of common shares outstanding for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. As of March 31, 2022 and 2021, there were no Foreign Currency Translation The Company operates primarily in Canada. The functional currency of the Company and its subsidiaries is the Canadian Dollar (“C$”). The Company’s consolidated financial statements have been translated into the reporting currency U.S. Dollars (“$” or “US$”). Assets and liabilities of the Company are translated at the exchange rate at each reporting period end date. Equity is translated at historical rates. Income and expense accounts are translated at the average rate of exchange during the reporting period. The resulting translation adjustments are reported under other comprehensive income (loss). Gains and losses resulting from the translations of foreign currency transactions and balances are reflected in the results of operations. The following table outlines the currency exchange rates that were used in creating the consolidated financial statements: Schedule of currency exchange rate March 31, 2022 March 31, 2021 Year-end spot rate C$1=US$ 0.8003 C$1=US$ 0.7952 Average rate for the year C$1=US$ 0.7980 C$1=US$ 0.7575 Comprehensive Income (Loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains and losses that under US GAAP are recorded as an element of shareholders’ equity but are excluded from net income. Other comprehensive income (loss) consists of a foreign currency translation adjustment resulting from the Company not using the U.S. dollar as its functional currency. Statement of Cash Flows In accordance with ASC 230, “Statement of Cash Flows,” cash flows from the Company’s operations are formulated based upon the functional currencies. As a result, amounts related to assets and liabilities reported on the statements of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets. Risks and Uncertainties The Company’s business, financial condition and results of operations may also be negatively impacted by risks related to natural disasters, extreme weather conditions, health epidemics and other catastrophic incidents, which could significantly disrupt the Company’s operations. The Corona Virus disease 2019 (“COVID-19”) outbreak has, and continues to have, a severe and negative impact on Canada’s economy and the global economy. The Company’s certain business has been negatively impacted by the COVID-19 outbreak. The Company’s operations affected by the ongoing outbreak of COVID-19 which in March 2020, had been declared as a pandemic by the World Health Organization. To reduce the spread of the COVID-19, the government has employed measures including lockdowns, quarantines, travel restrictions, suspension of non-essential business activities and school closures. As a result, the Company experienced difficulties and delays to complete the renovation and construction projects, reductions in education program enrollment, delay collections of rental income from tenants. Although the Canadian federal government delivers financial supports to the Company on salaries, interest free loans, and other subsidies, the continued uncertainties associated with COVID 19 may cause the Company’s revenue and cash flows to underperform. The extent of the future impact of COVID-19 is still unknown and cannot be reasonably estimated at this point of time. Recent Accounting Pronouncements The Company considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued. Recent Adopted Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740)—Simplifying the Accounting for Income Taxes. ASU 2019-12 is intended to simplify accounting for income taxes. It removes certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020 and interim periods within those fiscal years, with early adoption permitted. The Company adopted this guidance from April 1, 2021 and the adoption has no significant impact on the Company’s consolidated financial statements. In January 2020, the FASB issued ASU 2020-01, Investments - Equity Securities (Topic 321), Investments - Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) (“ASU 2020-01”), which is intended to clarify the interaction of the accounting for equity securities under Topic 321 and investments accounted for under the equity method of accounting in Topic 323 and the accounting for certain forward contracts and purchased options accounted for under Topic 815. For public business entities, ASU 2020-01 is effective for fiscal years beginning after December 15, 2020, and the interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years. Early adoption is permitted. The Company adopted this guidance from April 1, 2021 and the adoption has no significant impact on the Company’s consolidated financial statements.

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Mar. 31, 2022
Credit Loss [Abstract]
ACCOUNTS RECEIVABLE, NET	NOTE 3 – ACCOUNTS RECEIVABLE, NET Accounts receivable consisted of the following: Schedule of accounts receivable March 31, March 31, 2022 2021 Accounts receivable from third-party customers $ 1,653 $ 183,690 Less: allowance for doubtful accounts – – Total accounts receivable from third-party customers, net 1,653 183,690 Add: accounts receivable - related party – 286,272 Total accounts receivable, net $ 1,653 $ 469,962 For the years ended March 31, 2022 and 2021, no The Company rented one unit of its rental property to China Youth Langton (Canada) Education Technology Co. Ltd. (the “Langton”), a related party under common control. The lease agreement has a term of three years from January 2018 to December 2020, and further renewed for another three years from January 2021 to December 2023. However, the lease was terminated by both parties as at September 30, 2021. The outstanding accounts receivable from this related party amounted to $nil 0 286,272

INVENTORIES

INVENTORIES	12 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
INVENTORIES	NOTE 4 – INVENTORIES Inventories consisted of the following: Schedule of inventory March 31, March 31, 2022 2021 Purchase cost of lands $ – $ 758,704 Accumulated carrying costs – 80,686 Inventory, gross – 839,390 Less: inventory reserves – – Inventory, net $ – $ 839,390 The Company purchased total of 28 lots of vacant land in Eastern Ontario between 2013 and 2015. During the year ended March 31, 2019, the Company sold 1 lot of these vacant land to a third party. No sales were made for the year ended March 31, 2020. During the year ended March 31, 2021, the Company sold 19 lots of the vacant land to third parties, realized approximately $ 6.6 2.3 As at March 31, 2022 and 2021, inventories include nil lots and 8 lots of vacant land in Eastern Ontario respectively. The costs of land include direct purchase costs, accumulated property taxes and accumulated management fee charged on these lots of vacant land. For the years ended March 31, 2022 and 2021, no

LOAN RECEIVABLES

LOAN RECEIVABLES	12 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
LOAN RECEIVABLES	NOTE 5 – LOAN RECEIVABLES As of March 31, 2022 and 2021, loan receivables consists of the following: Schedule of loan receivables For the year ended March 31, Name 7 2022 2021 Superinet Inc. $ 131,036 $ 127,232 On June 2, 2020, the Company signed a loan agreement to provide a loan of $ 64,024 80,000 2 2 4 64,024 80,000 2,988 2,014

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, NET	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	NOTE 6 – PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment stated at cost less accumulated depreciation consisted of the following: Schedule of property plant and equipment March 31, March 31, 2022 2021 Land $ 8,502,738 $ 3,305,967 Building 15,334,220 1,370,083 Computer and software 59,925 – Leasehold improvement 3,546 – Equipment and furniture 129,299 84,132 Total 24,029,728 4,760,182 Less: Accumulated depreciation (789,258 ) (290,415 ) Property, plant and equipment, net $ 23,240,470 $ 4,469,767 Depreciation expense was $ 494,729 53,763 In connection with the $ 6.2 4.4 In connection with the purchase of the two office buildings on April 15, 2021 for total consideration of $ 10.0 12.5 7.9 9.9 7.2 9.0 5.6 7.0 During the year ended March 31, 2022, Langton has transferred the ownership of three commercial properties to the Company as partial repayment on the outstanding balance due from Langton as at March 31, 2021. The three units of commercial properties were transferred at their fair market value of $ 760,285 950,000 There was an addition of $ 19,238,192 24,038,725 0 30,448 1,702 No impairment was recorded for the years ended March 31, 2022 and 2021.

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET	12 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS, NET	NOTE 7 – INTANGIBLE ASSETS, NET Net intangible assets consisted of the following: Schedule of intangible assets March 31, March 31, 2022 2021 At Toronto ESchool High school registration and licenses, net acquisition cost $ 236,903 $ 235,394 Deferred tax liability 33,843 33,627 270,746 269,021 At Art Academy High school registration and license, net acquisition cost 160,060 159,040 Impairment loss for year 2022 (160,060 ) – – – At Conbridge College Private College license, net acquisition cost 19,170 – Brand name, net acquisition cost 22,408 Impairment loss for year 2022 (22,408 ) – 19,170 – At Lowell Academy Student list, net acquisition cost 10,404 – Brand name, net acquisition cost 88,033 Impairment loss for year 2022 (98,437 ) – – – At MTM Animation – Private College license, net acquisition cost 186,319 Brand name, net acquisition cost 464,974 Student list, net acquisition cost 140,852 792,145 – Intangible assets, net $ 1,082,061 $ 428,061 On June 24, 2016, Langton, a related party of the Company purchased 55% of Toronto ESchool’s common shares for a total consideration of $437,756 (C$585,000). In accordance with ASU 2017-01, this transaction was not considered as a business acquisition since substantially all of the fair value of the gross assets acquired was concentrated in a single identifiable asset or a group of similar identifiable assets – private high school license. On November 15, 2017, Langton signed an agreement to transfer its 55% of the equity interest in Toronto ESchool to the Company for $0.8 (C$1). On June 19, 2020, the Company further acquired 15% of the equity interest in Toronto ESchool from its original shareholder for a consideration of $31,808 (C$40,000). An impairment loss of $ 589,468 In accordance with ASC740-10-25-51, for the asset acquired outside of a business combination and the tax basis of the asset differs from the amount paid, the Company recognized deferred tax liability of $ 33,843 33,627 On July 27, 2020, Arts Academy entered into a license transfer agreement with 2549601 Ontario Inc. (o/a Alathena International Academy Richmond Hill”), a private high school registered with Ontario Ministry of Education. Pursuant to the agreement, Arts Academy acquired the private high school license for a consideration of $ 160,060 160,060 On March 1, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of Conbridge College, a private vocational college registered with Ontario Ministry of Colleges and Universities. Pursuant to the agreement, Farvision Education acquired 80% of the equity interests of Conbridge College for a total consideration of $ 62,792 41,578 22,408 On June 12, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of Lowell Academy, a private high school offering classes for Grades 9-12 students and registered with Ontario Ministry of Education. Pursuant to the agreement, Farvision Education subscribed for 70% of the shares of Lowell Academy for a consideration of $ 164,829 210,000 98,437 (See Note 9) 98,437 On December 19, 2020, Farvision Education entered into a purchase agreement with the original shareholders of Max the Mutt Animation Inc. (“MTM Animation”), to purchase all of the issued and outstanding shares of MTM Animation for a total consideration of $2.1 million (C$2.6 million). Pursuant to the agreement, on the closing date, MTM Animation stockholders will transfer 70% of the purchased shares to the Company at a consideration of $ 1,456,546 792,145 989,811 (See Note 9)

ACQUISITION DEPOSITS

ACQUISITION DEPOSITS	12 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
ACQUISITION DEPOSITS	NOTE 8 – ACQUISITION DEPOSITS Schedule of acquisition deposits March 31, March 31, 2022 2021 Deposit on Toronto High School (a) $ 128,048 $ 127,232 Deposit on Conbridge College (b) – 31,808 Deposit on Lowell Academy (c) – 87,167 Deposit on Max the Mutt Animation (d) – 795,200 Deposit on property (e) – 52,483 Deposit on building purchase - downtown Markham (f) – 1,402,900 Deposit on building purchase - Moatfiled Toronto (g) 7,236,193 – Total acquisition deposits $ 7,364,241 $ 2,496,790 (a) Toronto High School On November 1, 2020, Farvision Education entered into an acquisition agreement with one individual who was the original shareholder of Toronto High School Inc. (“Toronto High School”), a private high school registered with Ontario Ministry of Education. Pursuant to the agreement, Farvision Education shall acquire 80% of the equity interest of Toronto High School for a total consideration of $192,072 (C$240,000). Farvision Education paid acquisition deposit of $128,048 (C$160,000) upon signing the agreement. The acquisition is expected to be completed by June 30, 2022. In the event that this acquisition is not closed, the $ 128,048 (b) Conbridge College of Business and Technology On March 1, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of 7621531 Canada Inc. (o/a “Conbridge College of Business and Technology”), a private vocational college registered with Ontario Ministry of Colleges and Universities. Pursuant to the agreement, Farvision Education will acquire 80% of the equity interest of Conbridge College of Business and Technology for a total consideration of $ 64,064 80,000 32,012 40,000 (c) Lowell Academy On June 12, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of 9651837 Canada Inc. (o/a “Lowell Academy”), a private high school offering classes for Grades 9-12 students and registered with Ontario Ministry of Education. Pursuant to the agreement, Farvision Education subscribed 70% of the shares of Lowell Academy for a consideration of $ 168,063 65,873 87,167 24,162 36,145 20,110 (d) Max The Mutt Animation On December 19, 2020, Farvision Education entered into a purchase agreement with the original shareholders of Max the Mutt Animation Inc. (“MTM Animation”), to purchase all of the issued and outstanding shares of MTM Animation for total consideration of $ 1.7 400,150 500,000 800,300 224,084 95,228 (e) Residential Property On June 1, 2020, the Company entered a purchase agreement with an unrelated party to purchase a residential property at price of approximately $1.2 million (C$1.5 million). The original closing date of the purchase is June 4, 2021 and the Company has the option to extend the deadline. As of March 31, 2021, the Company made a deposit of $ 52,820 (f) Office Buildings – downtown Markham On November 23 and November 25, 2020, the Company signed two purchase agreements to purchase two office buildings in downtown of Markham, Ontario through its two subsidiaries, Animation Group and NeoCanaan Investment. The total considerations on these two properties are $ 10.0 7.9 760,285 651,611 (e) Office Buildings - Moatfield Property On May 19, 2021, the Company entered into a purchase agreement to purchase two office buildings in Toronto for a total price of $73.2 million (C$93.3 million). The Company agreed to pay a first deposit of $ 1.6 0.8 2.4 2.4 1.44 On May 25, June 10, and July 15, 2022, the Company entered into the sixth, seventh and eighth amendments to the Moatfield Drive Purchase Agreement. Pursuant to these amendments, the Company paid a sixth deposit of approximately $ 4.8 0.8 0.8

BUSINESS ACQUISITIONS AND GOODW

BUSINESS ACQUISITIONS AND GOODWILL	12 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
BUSINESS ACQUISITIONS AND GOODWILL	NOTE 9 – BUSINESS ACQUISITIONS AND GOODWILL Schedule of business acquisitions and goodwill March 31, March 31, 2022 2021 Goodwill at Lowell Academy (a) $ 75,103 $ – Impairment on goodwill at Lowell Academy (a) (75,103 ) Goodwill at Conbridge College (b) 24,250 – Impairment on goodwill at Conbridge College (b) (24,250 ) Goodwill at MTM Animation 1,030,399 – Total $ 1,030,399 $ – a) Lowell Academy On June 12, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of Lowell Academy, a private high school offering classes for Grades 9-12 students and registered with Ontario Ministry of Education. Pursuant to the agreement, Farvision Education subscribed 70% of the shares of Lowell Academy for a consideration of $ 168,063 The transaction was accounted for a business combination using the acquisition method of accounting. The purchase price allocation of the transaction was determined by the Company with the assistance of an independent appraisal firm based on the estimated fair value of the assets acquired and liabilities assumed as of the acquisition date. The original shareholders agreed to be responsible for all liabilities occurred before and on the acquisition date. The purchase price allocation to assets acquired as of the date of acquisition was as follows: Schedule of purchase price allocation to assets acquired Amounts Intangible assets 98,437 Working capital acquired 37,254 Noncontrolling interest (42,731 ) Goodwill 75,103 Total consideration $ 168,063 The Company recognized private high school license as an intangible asset of $ 88,033 10,404 75,103 75,103 b) Conbridge College On March 1, 2021, Farvision Education entered into an investment agreement with two individuals who were the original shareholders of Conbridge College, a private vocational college registered with Ontario Ministry of Colleges and Universities. Pursuant to the agreement, Farvision Education will acquire 80% of the equity interest of Conbridge College for a total consideration of $ 73,628 80,000 12,000 The transaction was accounted for a business combination using the purchase method of accounting. The purchase price allocation of the transaction was determined by the Company with the assistance of an independent appraisal firm based on the estimated fair value of the assets acquired and liabilities assumed as of the acquisition date. The seller agreed to be responsible for all liabilities occurred before and on the acquisition date. The purchase price allocation to assets acquired as of the date of acquisition was as follows: Schedule of purchase price allocation Amounts Working capital acquired 11,947 Furniture and equipment 2,198 Intangible assets 41,578 Noncontrolling interest (6,345 ) Goodwill 24,250 Total consideration $ 73,628 The Company recognized private vocational college license and brand name as an intangible asset of $ 41,578 24,250 During the year ended March 31, 2022, due to the Company is in the process of streamlining the business lines to focus on its core education sector, and as a result of the deterioration in economic conditions caused by the global COVID-19 pandemic and its negative impact on Conbridge College as a private vocational college for international students, the management determined that it was more likely than not that the fair value of Conbridge College was lower than its carrying value after including goodwill. As a result, the Company completed an analysis of the fair value of Conbridge College to compare against its carrying value on the acquisition date as at August 1, 2021. As at March 31, 2022, the management determined that the carrying amount of the goodwill in Conbridge College has exceeds its fair value, therefore, the impairment loss of $ 24,250 c) MTM Animation On December 19, 2020, Farvision Education entered into a purchase agreement with the original shareholders of MTM Animation, a private vocational college registered with Ontario Ministry of Colleges and Universities. Pursuant to the agreement, Farvision Education has acquired 70% of the equity interest of MTM Animation for a total consideration of $ 1,456,546 The transaction was accounted for a business combination using the acquisition method of accounting. The purchase price allocation of the transaction was determined by the Company with the assistance of an independent appraisal firm based on the estimated fair value of the assets acquired and liabilities assumed as of the acquisition date. The purchase price allocation to assets acquired as of the date of acquisition was as follows: Schedule of purchase price allocation Amounts Working capital acquired $ 896,848 Short-term investment 55,816 Furniture and equipment 74,184 Intangible assets 792,145 ROU assets 954,475 Lease liability (954,475 ) Deferred revenue (290,973 ) Deferred tax liabilities (209,919 ) Payable to minority interest holders (467,638 ) Noncontrolling interest (424,316 ) Goodwill 1,030,399 Total consideration $ 1,456,546 The Company recognized private vocational college license, brand name as intangible assets with an indefinite life and student list as intangible asset with definite life term of 1-4 years, totaling of $ 792,145 989,811 1,030,399 1,287,516 During the period from the acquisition date February 28, 2022 to March 31, 2022, there was no event occurred or circumstances change that indicate the fair value of goodwill could be below its carrying amount. As at March 31, 2022, no impairment loss was recognized due to management’s impairment test.

LEASES

LEASES	12 Months Ended
	Mar. 31, 2022
Leases [Abstract]
LEASES	NOTE 10 – LEASES The Company has two operating leases on vehicles for management, one operating leases on MTM Animation’s premise and one operating lease on MTM Animation’s printer. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Supplemental balance sheet information related to operating leases was as follows: Schedule of operating lease March 31, March 31, Right-of-use assets – vehicle leases $ 19,419 $ 35,445 Right-of-use assets – premise lease 914,233 Right-of-use assets – equipment lease 24,825 Total Right-of-use assets, net 958,477 35,445 Operating lease liabilities - current $ 211,600 $ 16,150 Operating lease liabilities - non-current 746,877 19,295 Total operating lease liabilities $ 958,477 $ 35,445 The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of March 31, 2022 and 2021: Schedule of operating leases Remaining lease term and discount rate: March 31, 2022 March 31, 2021 Weighted average remaining lease term (years) 4.27 2.26 Weighted average discount rate 5.92 2.00 The following is a schedule of payments of lease liabilities as of March 31, 2022: Schedule of future minimum lease payments Year ending March 31, 2023 $ 262,209 2024 250,076 2025 245,955 2026 245,955 2027 81,432 Total future minimum lease payments 1,085,627 Less: imputed interest (127,150 ) Total $ 958,477

BANK LOANS

BANK LOANS	12 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
BANK LOANS	NOTE 11 – BANK LOANS Bank loans consisted of the following: Schedule of bank loans March 31,  March 31, 2022 2021 Canada Emergency Business Account Program (“CEBA Loan”) $ 160,060 $ 95,424 National Bank of Canada (“National Bank”) 6,190,292 6,323,441 HSBC Bank 12,497,225 – TD Trust 9,728 – RBC line of credit 12,405 – Less: unamortized financing cost (49,130 ) (31,808 )   18,820,580 6,387,057 Less: current portion of bank loans (542,264 ) (172,629 ) Total $ 18,278,316 $ 6,214,428 (1) During the year ended March 31, 2021, the Company received a loan of $ 143,136 180,000 0 5 45,450 60,000 45,450 60,000 240,090 300,000 160,060 200,000 (2) On November 26, 2020, the Company entered into a loan agreement with National Bank to borrow $ 6.4 8.0 3.09 30,466 38,312 The above financing facilities are guaranteed by the real estate property located at 41 Metropolitan Road, Toronto, and limited personal guarantee from Ms. Fan Zhou in the amount of $ 4.8 The complied financial ratio required by National Bank includes but not limited to the following: · A debt service coverage ratio not less than 1.25 at fiscal year end · The borrower shall not take on additional debt or further encumber on the property without written consent of the Bank · The nature of the Borrower’s business shall not be substantially changed without written consent of the Bank · The loan is limited personal guarantee from Ms. Fan Zhou in the amount of $4.8 million (C$6,000,000) plus accrued interest and enforcement costs. The Company paid $ 31,808 (3) In connection with the purchase of two office buildings at a cost of $ 10.0 7.9 7.2 5.5 3.3 monthly instalments ($35,290 and $27,448 respectively) The Company paid a $ 49,108 (4) The Company’s subsidiary Lowell Academy obtained a five-year term loan of $ 22,370 floating interest rate of prime rate + 3.5% per annum 447 9,728 February 1, 2024 (5) The Company’s subsidiary Lowell Academy obtained a line of credit with limit of $ 24,009 12,005 As of March 31, 2022, the Company’s short-term and long-term loans totaled approximately $ 18.8 Schedule of short term debt Twelve months ending March 31, Repayment 2023 $ 542,264 2024 706,790 2025 17,620,656 Total $ 18,869,710

TAXES

TAXES	12 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
TAXES	NOTE 12 – TAXES (a) Corporate Income Taxes The difference between the amount of the provision for income taxes and the amount computed by multiplying income before income taxes by the statutory Canadian tax rate is reconciled as follows: Schedule of income tax rate For the year ended March 31, 2022 2021 Income before tax $ 256,293 $ 3,916,772 Statutory Canadian tax rate 26.5% 26.5% Income tax based on statutory tax rate 67,918 1,037,945 Reduction due to small business deduction – (54,161 ) Difference on tax rates (14,084 ) 16,366 Change in estimate 1,325 – Change in valuation allowance 158,915 (3,549 ) Non-deductible expenses 98,693 6,525 Income tax expense $ 312,767 $ 1,003,126 The provision for income tax consists of the following: Schedule of provision for income tax For the year ended March 31, 2022 2021 Current income tax – Canada $ 312,767 $ 1,003,126 Deferred income tax – Canada – – Total income tax expense $ 312,767 $ 1,003,126 Deferred income taxes reflect the net effects of temporary difference between the carrying amounts of assets and liabilities for financial statement purposes and the amounts used for income tax purposes. As of March 31, 2022 and 2021, the Company had deferred tax assets of $nil 0 243,762 33,627 The components of deferred tax assets as of March 31, 2022 and 2021 consist of the following: Schedule of deferred tax assets and liabilities March 31, 2022 March, 2021 Deferred tax assets: Loss carried forward to future years* $ 182,519 $ 36,155 Property, plant and equipment 44,497 36,388 Deferred financing costs 3,428 – Lease liability 253,996 9,393 Intangible assets 42,416 – Valuation allowance (250,313 ) (72,543 ) Total deferred tax assets $ 276,543 $ 9,393 Deferred tax liabilities: Intangible asset $ (214,999 ) $ (33,627 ) Property, plant and equipment (736 ) – Deferred financing costs (50,574 ) – Right of use assets (253,996 ) (9,393 ) Total deferred tax liabilities $ (520,305 ) $ (43,020 ) Deferred tax liabilities, net $ (243,762 ) $ (33,627 ) * As of March 31, 2022, the Company has non-capital loss of $688,750, resulting of deferred tax asset of $182,519. The above non-capital loss will expire on March 31, 2041 and 2042, and the Company has provided a valuation allowance of $250,313 on the deferred tax assets. As of March 31, 2021, the Company has non-capital loss of $136,434, resulting of deferred tax asset of $36,155. The above non-capital loss will expire on March 31, 2041, and the Company has provided a valuation allowance of $72,543 on the deferred tax assets. The Company regularly assesses the need for a valuation allowance against its deferred tax assets. In making that assessment, the Company considers both positive and negative evidence related to the likelihood of realization of the deferred tax assets to determine, based on the weight of available evidence, whether it is more likely than not that some or all the deferred tax assets will be realized. The Company’s taxes payable consists of the following: Schedule of income taxes payable March 31, 2022 March, 2021 Corporate income tax payable $ 1,598,153 $ 1,116,024 As of March 31, 2022 and 2021, the Company had accrued income tax liabilities of approximately $ 1.6 1.1 172,993 7,441 (b) Other Taxes Payable The Company’s taxes payable consists of the following: Schedule of other taxes payable March 31, 2022 March, 2021 Other tax payable $ 1,435,045 $ 1,020,329 As of March 31, 2022 and 2021, the Company had accrued other tax liabilities of approximately $ 1.4 1.0 89,714 4,129 (c) Tax years that remain subject to Examination The Company is subject to ongoing examination by tax authorities in the Canadian jurisdictions in which it operates. The Company has open tax years for Canada from 2017 to 2022, including both federal and provincial jurisdiction, as applicable. The Company regularly assesses the status of these examinations and the potential for adverse outcomes to determine the adequacy of the provision for income taxes, as well as the provisions for indirect and other taxes and related penalties and interest.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 13 – RELATED PARTY TRANSACTIONS The relationship of related parties is summarized as follow: Schedule of related parties Name of Related Party Relationship to the Company Ms. Fan Zhou Controlling shareholder of the Company China Youth Langton (Canada) Education Technology Co. Ltd. (“Langton”) Related due to Ms. Fan Zhou and her immediate family member were directors of Langton before June 2021 PrideMax Express (“Express”) Controlled by spouse of the general manager of Farvision Development PrideMax Medical Supplies Inc.(“Medical”) The general manager of Farvision Development was formally the sole director of Medical until June 1, 2020. Jason Wang General manager of Farvision Development Kelly Xu Operation manager and minority shareholder of Lowell Rusheng Wu Principal of Toronto ESchool and spouse of the minority shareholder of Toronto ESchool (1) Account receivable – related party As of March 31, 2022 and 2021, account receivable – related party consists of the following: Schedule of accounts receivable related party March 31, March 31, 2022 2021 Accounts receivable from Langton $ – $ 286,272 Total $ – $ 286,272 Langton has entered a three-year term lease agreement with the Company commenced on January 1, 2018. The lease was renewed for another 3 years from January 1, 2021 to December 31, 2023. The monthly rent including basic and additional rent and applicable sale tax is $2 3,856 127,115 241,327 0 286,272 (2) Due from related party As of March 31, 2022 and 2021, due from related party consists of the following: Schedule of due from related party March 31, March 31, 2022 2021 Due from Langton $ 120,075 $ 3,104,042 Due from minority interest shareholder (Lowell Academy) 120,723 – Due from Kelly Xu (Lowell Academy) 167,520 Due from Jason Wang as minority interest shareholder (Princeton Education) 24,358 – Total $ 432,676 $ 3,104,042 The Company periodically provides working capital loans and joint investments in educational industry to support Langton’s operations when needed. Such advance was non-interest bearing and due on demand. Subsequent to the year ended March 31, 2022, Langton has fully repaid outstanding balance back to the Company. The Company has a receivable balance from two minority interest shareholders due to the acquisition of Lowell Academy and Princeton Education, as the minority interest shareholders are personally responsible for liabilities incurred before the purchase date, and Ms. Fan Zhou is also personally guaranteed on these loans’ collectability. (3) Related parties loan receivable As of March 31, 2022 and 2021, related parties loan receivable consists of the following: Schedule of related parties loan receivable As of March 31, Name 2022 2021 Jason Wang $ – $ 91,186 Express – 99,955 Medical – 233,134 – 424,275 Less: current portion of loan receivable – (105,898 ) Total $ – $ 318,377 The Company has entered into loan agreements with above two related companies to provide working capital to support their daily operation and a related individual as the management of one subsidiary. Interest rate applied to these loans are in the range of 2 3 (4) Due to related parties Schedule of due to related parties As of March 31, Name 2022 2021 Ms. Fan Zhou (a) $ 7,149,165 $ 1,471,191 Minority interest shareholder at MTM Animation (b) 67,488 – Rusheng Wu 2,369 – Total $ 7,219,022 $ 1,471,191 (c) The balance represented unsecured, due on demand and interest free borrowings between the Company and the controlling shareholder, Ms. Fan Zhou. Ms. Fan Zhou periodically provides funds to support the Company’s investment and acquisition when needed. As of March 31, 2022 and 2021, the balance due to Ms. Zhou amounted to $7,149,165 and $1,471,191, respectively. (d) Per the purchase agreement, the original shareholder of MTM Animation has right to withdraw their original shareholder advance subsequent to the Closing date. The balance is unsecured, due on demand and interest free. Subsequently to March 31, 2022, the minority shareholder has advanced additional $400,150 (C$500,000) to MTM Animation to support its daily operations.

EQUITY

EQUITY	12 Months Ended
	Mar. 31, 2022
Equity [Abstract]
EQUITY	NOTE 14 – EQUITY Common Shares The Company was incorporated under the Business Corporation Act of Ontario, Canada on August 20, 2013. The Company is authorized to issue an unlimited number of shares designated as common shares with a par value of $ 0.75 1.00 100 75 100 100 On October 15, 2021, the shareholders of the Company approved: (a) a 10,000 for 1 stock split 10,000 0.75 1 0.000075 0.0001 On March 18, 2022, the shareholders of the Company further approved i) a decrease of the par value of the common shares from $0.000075 (C$0.0001) to no par value (the “Par Value Change”); and ii) a 35-for-1 stock split 35,000,000

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Mar. 31, 2022
Earnings Per share
EARNINGS PER SHARE	NOTE 15 – EARNINGS PER SHARE For the years ended March 31, 2022 and 2021, the Company has no stock options and warrants issued and no impact on diluted earnings per share. Schedule of earning per share basic and diluted For the years ended March 31, 2022 2021 Net income attributable to the Company $ 9,749 $ 2,866,857 Weighted average number of common shares outstanding – Basic and Diluted 35,000,000 35,000,000 Earnings per share – Basic and Diluted $ 0.00 $ 0.08

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 16 – COMMITMENTS AND CONTINGENCIES Contingencies The Company may be involved in various legal proceedings, claims and other disputes arising from the commercial operations, projects, employees and other matters which, in general, are subject to uncertainties and in which the outcomes are not predictable. The Company determines whether an estimated loss from a contingency should be accrued by assessing whether a loss is deemed probable and can be reasonably estimated. Although the Company can give no assurances about the resolution of pending claims, litigation or other disputes and the effect such outcomes may have on the Company, the Company believes that any ultimate liability resulting from the outcome of such proceedings, to the extent not otherwise provided or covered by insurance, will not have a material adverse effect on the Company’s consolidated financial position or results of operations or liquidity as at March 31, 2022 and 2021. Per purchase agreement between the Company and MTM Animation original shareholder, a post-closing performance-based payments aggregating up to $ 400,150 500,000 Contractual Commitments As of March 31, 2022, the Company’s contractual obligations consisted of the following: Schedule of contractual obligation Contractual Obligations Total Less than 1 year 1-3 years 3-5 years More than 5 years Lease commitment $ 1,085,627 $ 262,209 $ 496,031 $ 327,387 $ – MTM Animation acquisition 624,234 160,060 64,024 400,150 – Repayment of bank loans 18,869,710 542,264 18,327,446 – – Total $ 20,579,571 $ 964,533 $ 18,887,501 $ 727,537 $ –

SEGMENT

SEGMENT	12 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
SEGMENT	NOTE 17 – SEGMENT An operating segment is a component of the Company that engages in business activities from which it may earn revenues and incur expenses, and is identified on the basis of the internal financial reports that are provided to and regularly reviewed by the Company’s chief operating decision maker in order to allocate resources and assess performance of the segment. The management of the Company concludes that it has four reporting segments listed as below. The Company and all its subsidies are located in Ontario Canada. The Company’s chief operating decision maker has been identified as the Chief Executive Officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Company. The summary of key information by segments for the years ended March 31, 2022 and 2021 was as follows: Schedule of segment reporting information Rental Education Construction Real Estate Total for the year ended March 31, 2022 Revenue from external customers $ 2,298,198 $ 669,442 $ 8,117 $ 2,272,704 $ 5,248,461 Revenue from inter segment $ 136,977 $ – $ – $ – $ 136,977 Cost of revenue $ 1,322,188 $ 319,913 $ 4,663 $ 990,261 $ 2,637,025 Gross profit $ 976,010 $ 349,529 $ 3,454 $ 1,282,443 $ 2,611,436 Interest Expenses $ 657,961 $ 17,554 $ 25,415 $ 205,468 $ 906,398 Depreciation & amortization $ 494,729 $ – $ – $ – $ 494,729 Income tax expense $ (34,800 ) $ 22,942 $ 1,323 $ 323,302 $ 312,767 Capital expenditure $ 11,464,280 $ 591,326 $ – $ – $ 12,055,606 Segment assets $ 24,296,502 $ 4,395,712 $ 186,005 $ 7,348,365 $ 36,226,584 Segment profit (loss) $ (338,321 ) $ (388,908 ) $ (20,945 ) $ 691,700 $ (56,474 ) Rental Education Construction Real Estate Total for the year ended March 31, 2021 Revenue from external customers $ 674,898 $ 358,241 $ 78,219 $ 6,613,863 $ 7,725,221 Revenue from inter segment $ 80,596 $ – $ – $ – $ 80,596 Cost of revenue $ 256,981 $ 124,762 $ 19,529 $ 3,058,175 $ 3,459,447 Gross profit $ 417,917 $ 233,479 $ 58,690 $ 3,555,688 $ 4,265,774 Interest Expenses $ 128,120 $ 410 $ 12,540 $ 620 $ 141,690 Depreciation & amortization $ 53,763 $ – $ – $ – $ 53,763 Income tax expense $ 56,422 $ 29,631 $ 64,476 $ 852,597 $ 1,003,126 Capital expenditure $ – $ 2,511,731 $ – $ 49,995 $ 2,561,726 Segment assets $ 6,601,394 $ 3,103,630 $ 557,264 $ 3,404,814 $ 13,667,102 Segment profit $ 77,758 $ 8,843 $ 167,806 $ 2,659,239 $ 2,913,646

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 18 – SUBSEQUENT EVENTS Initial Public Offering On May 19, 2022, the Company closed its IPO of 4,250,000 4.00 17.0 14.3 637,500 4.00 500,000 39,250,000 Acquisition of Moatfield Property On May 19, 2021, the Company entered into a purchase agreement to purchase two office buildings with a total floor area of 433,000 square feet at 95-105 Moatfield Drive, Toronto, for a total price of $ 73.2 93.3 1.6 2 0.8 1 2.4 3 2.4 3 7.2 9.0 On March 31, 2022, the Company entered into an amendment with the vendor to amend the closing date to May 26, 2022 or such other date as the vendor and the Company may agree in writing. Pursuant to the amended agreement, the Company made the fifth deposit of $ 1.44 1.8 On May 25, June 10, and July 15, 2022, the Company entered into the sixth, seventh and eighth amendments to the Moatfield Drive Purchase Agreement. Pursuant to these amendments, the Company paid a sixth deposit of approximately $ 4.8 0.8 1 0.8 1 15.04 18.8 On November 9, 2021, Ms. Fan Zhou loaned the Company $ 5.25 6.56 On March 9, 2022, Ms. Fan Zhou loaned the Company $ 1.7 2.12 On April 3, 2022, Ms. Fan Zhou loaned additional $ 1.44 1.8 On May 25, 2022, Ms. Fan Zhou loaned additional $ 4.8 6.0 On July 15, 2022, Ms. Fan Zhou further loaned $ 0.8 1.0 On July 18, 2022, Ms. Fan Zhou loaned additional $ 2.96 3.7 Subsequent to the year end, the Company also made repayment of totaling $ 12.55 15.68 Ms. Fan Zhou has agreed to assume all the losses personally and repay the Company for any loss in connection with the purchase of these two office buildings if the Company fails to close the transaction and forfeits the deposits. New Subsidiary On April 28, 2022, Ms. Fan Zhou incorporated 13995191 Canada Inc. and on May 20, 2022, the shares were transferred to the Company. As the result, 13995191 Canada Inc. becomes the wholly owned subsidiary of the Company. The purpose of incorporating 13995191 Canada Inc. is to hold the two office buildings at 95-105 Moatfield Drive, Toronto, pursuant to the purchase agreement signed on May 19, 2021. The expected closing date is August 18, 2022. Credit Facility Agreement On June 24, 2022, 13995191 Canada Inc. obtained a credit facility as a commercial mortgage loan from Bank of China (Canada) of approximately $ 48.0 60.0 1.0 An upfront fee of $96,036 (C$ 120,000) which is 0.2% of loan amount will be deducted from the loan amount on the closing date. The loan is guaranteed by the Company. Mr. Fan Zhou also provides personal guarantee for 100% of the loan amount. Max the Mutt Animation On June 24, 2022, pursuant to the agreement signed on December 19, 2020 and the amended agreement signed on February 28, 2022, Farvision Education paid the first deferred purchase payment of $ 80,030 100,000 Acquisition of Griggs International Academy China Co. Ltd. On July 14, 2022, the Company entered into a Capital Increase and Share Expansion Agreement (the “Contribution Agreement”) with Griggs International Academy China Co. Ltd. (“Griggs China”), a Hong Kong private consulting and investment holding company offering United States K-12 diploma programs and services of Griggs International Academy USA at four locations in China.. Pursuant to the Contribution Agreement, the Company has agreed to invest $ 900,000 9,000 On July 19, 2022, the Company further signed a purchase agreement with the two Griggs Shareholders to purchase their 1,000 50,000 Termination of the Acquisitions on Toronto High School On November 1, 2020, Farvision Education entered into an acquisition agreement with the original shareholder of Toronto High School Inc. (“Toronto High School”), a private high school registered with Ontario Ministry of Education. Pursuant to the agreement, Farvision Education will acquire 80% of the equity interests of Toronto High School for a total consideration of $188,374 (C$240,000). Farvision Education paid an acquisition deposit of $125,584 (C$160,000) upon signing the agreement. On July 19, 2022, the Board of the Company made the decision to terminate this acquisition. The acquisition deposit was returned to the Company. Divestiture of Three Subsidiaries On July 26, 2022, in order to better use the capital raised in connection with the IPO, improve the efficiency of the operations, streamline the business lines to focus on its core education sector, and optimize the structure of the vocational educational business, the Board of the Company approved to divest its three subsidiaries: Visionary Immigration, Farvision HR, and Princeton Education. The divestiture of these three subsidiaries does not represent a strategic shift of the Company and has no major effect on the Company’s operations and financial results.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and have been consistently applied. The accompanying consolidated financial statements include the financial statements of Visionary Group and its subsidiaries. All inter-company balances and transactions have been eliminated upon consolidation.
Noncontrolling Interests	Noncontrolling Interests As of March 31, 2021, noncontrolling interests represent 30 20 30 20 30 30 20 30 The noncontrolling interests are presented in the consolidated balance sheets, separately from equity attributable to the shareholders of the Company. Noncontrolling interests in the operating results of the Company are presented on the face of the consolidated statements of income and comprehensive income as an allocation of the total income or loss between noncontrolling interest holders and the shareholders of the Company.
Use of Estimates	Use of Estimates In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, valuation of other receivables, useful lives of property, plant and equipment and student list as intangible assets, the recoverability of intangible assets and goodwill, allocation of cost between building and land newly acquired, revenue recognition, fair value of intangible assets at business acquisition, provision necessary for contingent liabilities, and realization of deferred tax assets. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand, the balances with banks and the liquid investments with maturities of three months or less at the date of acquisition. The Company maintains all its bank accounts in Canada, which are insured by Canadian Deposit Insurance Corporation up to C$100,000 for eligible deposits. Bank balances in MTM Animation and Toronto ESchool exceeded the insured limit of $ 349,478 436,684 135,099 168,810
Restricted cash	Restricted cash The Company’s subsidiaries Conbridge College and MTM Animation are required to maintain a term deposit with a financial institution as collateral for an irrevocable standby letter of credit issued in favor of the Ministry of Training, Colleges and Universities under the Ontario Private Career Colleges Act 2005. As at March 31, 2022 and 2021, the Company had term deposit of $ 67,821 0
Short-term investments	Short-term investments The Company’s short-term investments consist of mutual fund investments purchased from Canadian banks. These investments are carried at fair value at the date of the consolidated balance sheets and are redeemable at any time as working capital when needed. The Company has short-term investments of $ 56,021 0
Accounts Receivable	Accounts Receivable Accounts receivable are presented net of allowance for doubtful accounts. The Company usually determines the adequacy of reserves for doubtful accounts based on individual account analysis and historical collection trends. The Company establishes a provision for doubtful receivables when there is objective evidence that the Company may not be able to collect amounts due. The allowance is based on management’s best estimates of specific losses on individual exposures, as well as a provision on historical trends of collections. The provision is recorded against accounts receivables balances, with a corresponding charge recorded in the consolidated statements of income and comprehensive income (loss). Delinquent account balances are written off against the allowance for doubtful accounts after management has determined that the likelihood of collection is not probable. No allowance for uncollectible balances were recorded for the years ended March 31, 2022 and 2021, respectively, as the Company considered all of balances is to be fully collected.
Inventories	Inventories Land held for future sales is measured at the lower of cost and estimated net realizable value. Net realizable value is the estimated selling price in the ordinary course of the business at the balance sheet date, less costs to complete and estimated selling costs. Cost includes land acquisition costs, other direct costs such as borrowing costs, property taxes and legal costs, etc. As of March 31, 2022 and 2021, no
Prepayments and Other Receivables	Prepayments and Other Receivables Prepayments and other receivables primarily consist of advances to non-related suppliers for short term operation support, employee advances, and prepayments on property taxes and other expenses. These advances are interest free, unsecured and short-term in nature and are reviewed periodically to determine whether their carrying value has become impaired. No impairment was recorded as of March 31, 2022 and 2021, as the Company considered all of the prepayments to be fully realizable and the advances to be repaid.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost less accumulated depreciation and amortization. The straight-line depreciation method is used to compute depreciation over the estimated useful lives of the assets, as follows: Schedule of estimated useful lives Useful life Buildings 30 Furniture and equipment Decline method at 20% Land Not depreciated Computer and software Decline method at 30% Leasehold improvement Straight line over 5 years Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterments that substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the consolidated statements of income and other comprehensive income as other income or expenses.
Indefinite-Lived Intangible Assets	Indefinite-Lived Intangible Assets An intangible asset determined to have an indefinite useful life is not amortized. Indefinite-lived intangible assets are tested for impairment on an annual basis at year end, or more frequently if an event occurs or circumstances change that indicate the fair value of an indefinite-lived intangible asset could be below its carrying amount. The Company’s indefinite-lived intangible assets consist primarily of i) the registrations and qualifications arising from acquisitions of Lowell Academy, Art School, and Toronto Eschool which allow the Company to grant credits to students under Ontario Secondary School Diploma (the “OSSD”) by qualified secondary schools registered at Ontario Ministry of Education, ii) the registrations and the qualifications to operate as a private career college registered with Ontario Ministry of Training, Colleges and Universities, arising from the acquisitions of equity interest of Conbridge College and MTM Animation, and iii) the brand name and reputation in the education market arising from acquisition of MTM Animation equity interest. In testing the indefinite-lived intangibles assets for potential impairment, the Company applies either a qualitative test, or a quantitative test, in accordance with ASC 350, Intangibles — Goodwill and Other. A qualitative approach may be applied when the Company concludes that it is not “more likely than not” that the fair value of the indefinite-lived intangible assets is less than their carrying value. A quantitative impairment test consists of comparing the fair value of the indefinite-lived intangible asset with its carrying amount. An impairment loss would be recognized for the carrying amount in excess of its fair value. Significant judgment and estimates are applied when evaluating whether an intangible asset has an indefinite useful life and in testing for impairment. The Company recognized impairment of $ 280,098 0
Definite-Lived Intangible Assets	Definite-Lived Intangible Assets The intangible assets with definite lives are stated at cost, less accumulated amortization. Amortization is provided on a straight-line basis over the terms. The Company recognized intangible assets of student lists arising from acquisition of Lowell Academy and MTM Animation. These intangible assets are amortized over the term between 1 4 10,404 140,853 10,404 0
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the fair value of the net identifiable assets, liabilities and contingent liabilities acquired in business combinations. Identifiable intangible assets are recognized separately from goodwill when they are separable or arise from contractual or other legal rights, and have fair values that can be reliably measured. Goodwill is not amortized and is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis, or more frequently if an event occurs or circumstances change that indicate the fair value of goodwill could be below its carrying amount. The Company recognized impairments of $ 99,068 0
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company reviews long-lived assets, including property, plant and equipment, definitive-lived intangible assets, and ROU assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If the estimated cash flows from the use of the asset and its eventual disposition are below the asset’s carrying value, then the asset is deemed to be impaired and written down to its fair value. The Company recognized impairment of $ 280,098 0
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC 825-10 Financial Instruments requires certain disclosures regarding the fair value of financial instruments. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three-level fair value hierarchy prioritizes the inputs used to measure fair value. The hierarchy requires entities to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: · Level 1 - inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. · Level 2 - inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, quoted market prices for identical or similar assets in markets that are not active, inputs other than quoted prices that are observable and inputs derived from or corroborated by observable market data. · Level 3 - inputs to the valuation methodology are unobservable. Unless otherwise disclosed, the fair value of the Company’s financial instruments including cash, short-term investment, accounts receivable, accounts receivable – related party, due from related party, related parties loan receivable, loan receivable, other receivable (excluding tax receivable), long-term restricted cash, accounts payable, accrued liabilities, due to related parties, current portion of lease liabilities, and short-term bank loans approximate their fair values because of the short-term nature of these instruments. The Company believes that the carrying amount of the short-term and long-term borrowings approximates fair value at March 31, 2022 and 2021 based on the terms of the borrowings and current market rates as the rates of the borrowings are reflective of the current market rates.
Leases	Leases The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, current lease liabilities, and long-term lease liabilities in the consolidated balance sheets. Finance leases are included in property, plant and equipment, other current liabilities and other long-term liabilities in the consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As one of the Company’s leases does not provide an implicit rate, the incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date is used. The operating lease ROU asset also includes any lease payment made and excludes lease incentives. The Company may also include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.
Deferred Offering Cost	Deferred Offering Cost Deferred offering costs were expenses directly related to the IPO. These costs consisted of legal, accounting, printing, and filing fees that the Company capitalized. The deferred offering costs are reclassified to additional paid-in capital upon receipt of the capital raised.
Business Combinations	Business Combinations Business combinations are accounted for under the acquisition method of accounting. Under the acquisition method, assets and liabilities of the business acquired are recorded at their estimated fair values as of the date of acquisition with any excess of the cost of the acquisition over the fair value of the net tangible and intangible assets acquired recorded as goodwill. Results of operations of the acquired business are included in the income statement from the date of acquisition.
Government Subsidies	Government Subsidies Government subsidies represent cash subsidies received from the government of Canada to subsidize the wage expense under Canada Emergency Wage Subsidy (CEWS) program and rent expense under Canada Emergency Rent Subsidy (CERS) program for the business affected by COVID-19, as well as the forgivable portion of the loans provided under Canada Emergency Business Account (CEBA) program. The Company recognizes the government grant as other income when cash is received and the Company will comply with the relevant conditions with reasonable assurance. For the years ended March 31, 2022 and 2021, the Company received subsidy of $ 326,640 39,207 163,530 0 240,090 80,030 160,060 200,000
Revenue Recognition	Revenue Recognition The Company follows ASC 606 Revenue from Contracts with Customers, which establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. To determine revenue recognition for contracts with customers, the Company performs the following five steps: (i) identify the contract with the customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, including variable consideration to the extent that it is probable that a significant future reversal will not The Company generates its revenues through educational programs and services with individual students. In addition, the Company generates revenues from other services such as sale of vacant lands, rental, and renovation projects. The primary sources of the Group’s revenues are as follows: Revenue from educational programs and services Each contract of educational programs and services is accounted for as a single performance obligation which is satisfied proportionately over the service period. For the Company’s online education courses, tuition fee is generally collected in advance and is initially recorded as deferred revenue. When tuition is paid at registration, the student is given access to online courses. The student normally has six months to complete the online courses by watching online learning materials and passing the required online exams. The student has an option to extend the course learning period from six months to maximum of twelve months for an additional cost. After twelve months from the registration, the student will lose the access of registered course. No refund is available for tuition. The tuition income is recognized over the period that the course is expected to be completed. Revenue Recognition (continued) For the Company’s other high school and private college education programs, all tuition fee, ancillary service fee and application fees are collected in advance and are initially recorded as deferred revenue. Revenue attributable to educational services is recognized over time, based on a straight-line basis over the school semester, as customers simultaneously receive and consume the benefits of these services throughout the service period. The refund is recorded as a reduction of deferred revenue and has no impact on the recognized revenue. The Company has not experienced significant refunds. Revenue from rental The Company rents an office building to several tenants and earns rental revenue. Rental revenues are recognized as earned in accordance with the terms of the respective lease agreement on a straight-line basis. Promotional discounts are recognized as a reduction to rental income over the promotional period. Late charges, administrative fees and other fees are recognized as income when earned. Management reviews the tenant’s payment history and financial condition periodically in determining, in its judgment, whether any accrued rental income and unbilled rent receivable balances applicable to each specific property is collectable. Revenue from renovation project The Company provides decoration and construction services mainly for the education institutions. These projects are normally completed within several weeks. The Company recognizes revenue associated with these projects when the project is completed and accepted by the customer. Revenue from sales of vacant lands The Company recognizes revenue from the sales of vacant lands when the legal title is transferred to the buyers. Contract Assets and Liabilities Payment terms are established on the Company’s pre-established credit requirements based upon an evaluation of customers’ credit quality. Contract assets are recognized in related accounts receivable. Contract liabilities are recognized for contracts where payment has been received in advance of delivery. The contract liability balance can vary significantly depending on the timing of when payment is received and when shipment or delivery occurs. As of March 31, 2022 and 2021, other than accounts receivable, deferred financing costs, deposit from tenants and deferred revenue, the Company had no other material contract assets, contract liabilities or deferred contract costs recorded on its consolidated balance sheet. Disaggregation of Revenues The Company disaggregates its revenue from contracts by service or products, as the Company believes it best depicts how the nature, amount, timing and uncertainty of the revenue and cash flows are affected by economic factors. The Company’s disaggregation of revenues for year ended March 31, 2022 and 2021 are disclosed in Note 17 of this consolidation financial statements.
Income Taxes	Income Taxes The Company uses the liability method of income tax allocation to account for income taxes. Deferred income tax assets and liabilities are recognized based upon temporary differences between the financial reporting and income tax bases of assets and liabilities and measured using enacted income tax rates and tax laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred income tax assets to the amount that is more likely than not to be realized. The Company considers both positive evidence and negative evidence on deferred tax assets, to determine whether, based upon the weight of that evidence, a valuation allowance is required for deferred tax assets. Judgment is required in considering the relative impact of negative and positive evidence. Significant judgment is also required in evaluating the Company’s uncertain income tax positions and provisions for income taxes. Liabilities for uncertain income tax positions are recognized based on a two-step approach. The first step is to evaluate whether an income tax position has met the recognition threshold by determining if the weight of available evidence indicates that it is more likely than not to be sustained upon examination. The second step is to measure the income tax position that has met the recognition threshold as the largest amount that is more than 50% likely of being realized upon settlement. The Company continually assesses the likelihood and amount of potential adjustments and adjusts the income tax provisions, income taxes payable and deferred income taxes in the period in which the facts that give rise to a revision become known. The Company recognizes interest and penalties related to uncertain income tax positions as interest expense, which is then netted and reported within investment income.
Sale Tax (“GST/HST”)	Sale Tax (“GST/HST”) The Company is registered under Canada’s Goods and Services Tax (GST) and Harmonized Sales Tax (HST) account. Sales revenue represents the invoiced value of goods and services, net of GST/HST. The Company is operating mainly in the Province of Ontario which is subject to HST rate of 13% for its products and services supplied in Ontario, and thus the Company’s tuition revenue is GST/HST exempted.
Earnings per Share	Earnings per Share The Company computes earnings per share (“EPS”) in accordance with ASC 260, “Earnings per Share” (“ASC 260”). ASC 260 requires companies with complex capital structures to present basic and diluted EPS. Basic EPS is measured as net income divided by the weighted average number of common shares outstanding for the period. Diluted EPS presents the dilutive effect on a per share basis of potential common shares (e.g., convertible securities, options and warrants) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS. As of March 31, 2022 and 2021, there were no
Foreign Currency Translation	Foreign Currency Translation The Company operates primarily in Canada. The functional currency of the Company and its subsidiaries is the Canadian Dollar (“C$”). The Company’s consolidated financial statements have been translated into the reporting currency U.S. Dollars (“$” or “US$”). Assets and liabilities of the Company are translated at the exchange rate at each reporting period end date. Equity is translated at historical rates. Income and expense accounts are translated at the average rate of exchange during the reporting period. The resulting translation adjustments are reported under other comprehensive income (loss). Gains and losses resulting from the translations of foreign currency transactions and balances are reflected in the results of operations. The following table outlines the currency exchange rates that were used in creating the consolidated financial statements: Schedule of currency exchange rate March 31, 2022 March 31, 2021 Year-end spot rate C$1=US$ 0.8003 C$1=US$ 0.7952 Average rate for the year C$1=US$ 0.7980 C$1=US$ 0.7575
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) consists of two components, net income (loss) and other comprehensive income (loss). Other comprehensive income (loss) refers to revenue, expenses, gains and losses that under US GAAP are recorded as an element of shareholders’ equity but are excluded from net income. Other comprehensive income (loss) consists of a foreign currency translation adjustment resulting from the Company not using the U.S. dollar as its functional currency.
Statement of Cash Flows	Statement of Cash Flows In accordance with ASC 230, “Statement of Cash Flows,” cash flows from the Company’s operations are formulated based upon the functional currencies. As a result, amounts related to assets and liabilities reported on the statements of cash flows will not necessarily agree with changes in the corresponding balances on the balance sheets.
Risks and Uncertainties	Risks and Uncertainties The Company’s business, financial condition and results of operations may also be negatively impacted by risks related to natural disasters, extreme weather conditions, health epidemics and other catastrophic incidents, which could significantly disrupt the Company’s operations. The Corona Virus disease 2019 (“COVID-19”) outbreak has, and continues to have, a severe and negative impact on Canada’s economy and the global economy. The Company’s certain business has been negatively impacted by the COVID-19 outbreak. The Company’s operations affected by the ongoing outbreak of COVID-19 which in March 2020, had been declared as a pandemic by the World Health Organization. To reduce the spread of the COVID-19, the government has employed measures including lockdowns, quarantines, travel restrictions, suspension of non-essential business activities and school closures. As a result, the Company experienced difficulties and delays to complete the renovation and construction projects, reductions in education program enrollment, delay collections of rental income from tenants. Although the Canadian federal government delivers financial supports to the Company on salaries, interest free loans, and other subsidies, the continued uncertainties associated with COVID 19 may cause the Company’s revenue and cash flows to underperform. The extent of the future impact of COVID-19 is still unknown and cannot be reasonably estimated at this point of time.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued.
Recent Adopted Accounting Pronouncements	Recent Adopted Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740)—Simplifying the Accounting for Income Taxes. ASU 2019-12 is intended to simplify accounting for income taxes. It removes certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020 and interim periods within those fiscal years, with early adoption permitted. The Company adopted this guidance from April 1, 2021 and the adoption has no significant impact on the Company’s consolidated financial statements. In January 2020, the FASB issued ASU 2020-01, Investments - Equity Securities (Topic 321), Investments - Equity Method and Joint Ventures (Topic 323), and Derivatives and Hedging (Topic 815) (“ASU 2020-01”), which is intended to clarify the interaction of the accounting for equity securities under Topic 321 and investments accounted for under the equity method of accounting in Topic 323 and the accounting for certain forward contracts and purchased options accounted for under Topic 815. For public business entities, ASU 2020-01 is effective for fiscal years beginning after December 15, 2020, and the interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years. Early adoption is permitted. The Company adopted this guidance from April 1, 2021 and the adoption has no significant impact on the Company’s consolidated financial statements.

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Tables)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Schedule of subsidiaries	Schedule of subsidiaries Name of Entity Date of Incorporation/Acquisition Place of Incorporation % of Ownership Principal Activities Visionary Education Technology Holdings Group Inc. (“Visionary Group” or the “Company”) August 20, 2013 Richmond Hill, Ontario Parent Holding company and rental business Visionary Education Service and Management Inc. (“VESM”) August 20, 2013 Richmond Hill, Ontario 100 Real estate development Farvision Education Group Inc. (“Farvision Education”) May 14, 2020 Toronto, Ontario 100 Education services NeoCanaan Investment Corporation (“NeoCanaan Investment”) May 26, 2020 Richmond Hill, Ontario 100 rental business Farvision Development Group Inc. (“Farvision Development”) July 20, 2010 Scarborough, Ontario 100 Construction Canada Animation Industry Group Inc. (“Animation Group”) October 8, 2020 Richmond Hill, Ontario 100 Rental business Toronto ESchool Ltd. (“Toronto ESchool”) November 15, 2017 Toronto, Ontario 70 Online high school education Maple Toronto Art Academy Inc. (“Art Academy”) July 27, 2020 Toronto, Ontario 80 Arts and high school education 9651837 Canada Inc. (“Lowell Academy”) June 12, 2021 Toronto, Ontario 70 High school education 7621531 Canada Inc. (“Conbridge College”) September 1, 2021 Toronto, Ontario 80 Career college education Max the Mutt Animation Inc. (“MTM Animation”) February 28, 2022 Toronto, Ontario 70 Animation education 13995191 Canada Inc May 20,2022 Markham, Ontario 100 Holding company to hold Moatfield property Griggs International Academy China Co. Ltd. (“Griggs China”), July 31 2022 Hong Kong, China 90 Private K-12 education

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Schedule of estimated useful lives	Schedule of estimated useful lives Useful life Buildings 30 Furniture and equipment Decline method at 20% Land Not depreciated Computer and software Decline method at 30% Leasehold improvement Straight line over 5 years
Schedule of currency exchange rate	Schedule of currency exchange rate March 31, 2022 March 31, 2021 Year-end spot rate C$1=US$ 0.8003 C$1=US$ 0.7952 Average rate for the year C$1=US$ 0.7980 C$1=US$ 0.7575

ACCOUNTS RECEIVABLE, NET (Table

ACCOUNTS RECEIVABLE, NET (Tables)	12 Months Ended
	Mar. 31, 2022
Credit Loss [Abstract]
Schedule of accounts receivable	Schedule of accounts receivable March 31, March 31, 2022 2021 Accounts receivable from third-party customers $ 1,653 $ 183,690 Less: allowance for doubtful accounts – – Total accounts receivable from third-party customers, net 1,653 183,690 Add: accounts receivable - related party – 286,272 Total accounts receivable, net $ 1,653 $ 469,962

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Schedule of inventory	Schedule of inventory March 31, March 31, 2022 2021 Purchase cost of lands $ – $ 758,704 Accumulated carrying costs – 80,686 Inventory, gross – 839,390 Less: inventory reserves – – Inventory, net $ – $ 839,390

LOAN RECEIVABLES (Tables)

LOAN RECEIVABLES (Tables)	12 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Schedule of loan receivables	Schedule of loan receivables For the year ended March 31, Name 7 2022 2021 Superinet Inc. $ 131,036 $ 127,232

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of property plant and equipment	Schedule of property plant and equipment March 31, March 31, 2022 2021 Land $ 8,502,738 $ 3,305,967 Building 15,334,220 1,370,083 Computer and software 59,925 – Leasehold improvement 3,546 – Equipment and furniture 129,299 84,132 Total 24,029,728 4,760,182 Less: Accumulated depreciation (789,258 ) (290,415 ) Property, plant and equipment, net $ 23,240,470 $ 4,469,767

INTANGIBLE ASSETS, NET (Tables)

INTANGIBLE ASSETS, NET (Tables)	12 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Schedule of intangible assets March 31, March 31, 2022 2021 At Toronto ESchool High school registration and licenses, net acquisition cost $ 236,903 $ 235,394 Deferred tax liability 33,843 33,627 270,746 269,021 At Art Academy High school registration and license, net acquisition cost 160,060 159,040 Impairment loss for year 2022 (160,060 ) – – – At Conbridge College Private College license, net acquisition cost 19,170 – Brand name, net acquisition cost 22,408 Impairment loss for year 2022 (22,408 ) – 19,170 – At Lowell Academy Student list, net acquisition cost 10,404 – Brand name, net acquisition cost 88,033 Impairment loss for year 2022 (98,437 ) – – – At MTM Animation – Private College license, net acquisition cost 186,319 Brand name, net acquisition cost 464,974 Student list, net acquisition cost 140,852 792,145 – Intangible assets, net $ 1,082,061 $ 428,061

ACQUISITION DEPOSITS (Tables)

ACQUISITION DEPOSITS (Tables)	12 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of acquisition deposits	Schedule of acquisition deposits March 31, March 31, 2022 2021 Deposit on Toronto High School (a) $ 128,048 $ 127,232 Deposit on Conbridge College (b) – 31,808 Deposit on Lowell Academy (c) – 87,167 Deposit on Max the Mutt Animation (d) – 795,200 Deposit on property (e) – 52,483 Deposit on building purchase - downtown Markham (f) – 1,402,900 Deposit on building purchase - Moatfiled Toronto (g) 7,236,193 – Total acquisition deposits $ 7,364,241 $ 2,496,790

BUSINESS ACQUISITIONS AND GOO_2

BUSINESS ACQUISITIONS AND GOODWILL (Tables)	12 Months Ended
	Mar. 31, 2022
Business Acquisition [Line Items]
Schedule of business acquisitions and goodwill	Schedule of business acquisitions and goodwill March 31, March 31, 2022 2021 Goodwill at Lowell Academy (a) $ 75,103 $ – Impairment on goodwill at Lowell Academy (a) (75,103 ) Goodwill at Conbridge College (b) 24,250 – Impairment on goodwill at Conbridge College (b) (24,250 ) Goodwill at MTM Animation 1,030,399 – Total $ 1,030,399 $ – a) Lowell Academy
Schedule of purchase price allocation	Schedule of purchase price allocation to assets acquired Amounts Intangible assets 98,437 Working capital acquired 37,254 Noncontrolling interest (42,731 ) Goodwill 75,103 Total consideration $ 168,063 The Company recognized private high school license as an intangible asset of $ 88,033 10,404 75,103 75,103 b) Conbridge College
Conbridge College [Member]
Business Acquisition [Line Items]
Schedule of purchase price allocation	Schedule of purchase price allocation Amounts Working capital acquired 11,947 Furniture and equipment 2,198 Intangible assets 41,578 Noncontrolling interest (6,345 ) Goodwill 24,250 Total consideration $ 73,628 The Company recognized private vocational college license and brand name as an intangible asset of $ 41,578 24,250 During the year ended March 31, 2022, due to the Company is in the process of streamlining the business lines to focus on its core education sector, and as a result of the deterioration in economic conditions caused by the global COVID-19 pandemic and its negative impact on Conbridge College as a private vocational college for international students, the management determined that it was more likely than not that the fair value of Conbridge College was lower than its carrying value after including goodwill. As a result, the Company completed an analysis of the fair value of Conbridge College to compare against its carrying value on the acquisition date as at August 1, 2021. As at March 31, 2022, the management determined that the carrying amount of the goodwill in Conbridge College has exceeds its fair value, therefore, the impairment loss of $ 24,250 c) MTM Animation
MTM Animation [Member]
Business Acquisition [Line Items]
Schedule of purchase price allocation	Schedule of purchase price allocation Amounts Working capital acquired $ 896,848 Short-term investment 55,816 Furniture and equipment 74,184 Intangible assets 792,145 ROU assets 954,475 Lease liability (954,475 ) Deferred revenue (290,973 ) Deferred tax liabilities (209,919 ) Payable to minority interest holders (467,638 ) Noncontrolling interest (424,316 ) Goodwill 1,030,399 Total consideration $ 1,456,546

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Schedule of operating lease	Schedule of operating lease March 31, March 31, Right-of-use assets – vehicle leases $ 19,419 $ 35,445 Right-of-use assets – premise lease 914,233 Right-of-use assets – equipment lease 24,825 Total Right-of-use assets, net 958,477 35,445 Operating lease liabilities - current $ 211,600 $ 16,150 Operating lease liabilities - non-current 746,877 19,295 Total operating lease liabilities $ 958,477 $ 35,445
Schedule of operating leases	Schedule of operating leases Remaining lease term and discount rate: March 31, 2022 March 31, 2021 Weighted average remaining lease term (years) 4.27 2.26 Weighted average discount rate 5.92 2.00
Schedule of future minimum lease payments	Schedule of future minimum lease payments Year ending March 31, 2023 $ 262,209 2024 250,076 2025 245,955 2026 245,955 2027 81,432 Total future minimum lease payments 1,085,627 Less: imputed interest (127,150 ) Total $ 958,477

BANK LOANS (Tables)

BANK LOANS (Tables)	12 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of bank loans	Schedule of bank loans March 31,  March 31, 2022 2021 Canada Emergency Business Account Program (“CEBA Loan”) $ 160,060 $ 95,424 National Bank of Canada (“National Bank”) 6,190,292 6,323,441 HSBC Bank 12,497,225 – TD Trust 9,728 – RBC line of credit 12,405 – Less: unamortized financing cost (49,130 ) (31,808 )   18,820,580 6,387,057 Less: current portion of bank loans (542,264 ) (172,629 ) Total $ 18,278,316 $ 6,214,428
Schedule of short term debt	Schedule of short term debt Twelve months ending March 31, Repayment 2023 $ 542,264 2024 706,790 2025 17,620,656 Total $ 18,869,710

TAXES (Tables)

TAXES (Tables)	12 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of income tax rate	Schedule of income tax rate For the year ended March 31, 2022 2021 Income before tax $ 256,293 $ 3,916,772 Statutory Canadian tax rate 26.5% 26.5% Income tax based on statutory tax rate 67,918 1,037,945 Reduction due to small business deduction – (54,161 ) Difference on tax rates (14,084 ) 16,366 Change in estimate 1,325 – Change in valuation allowance 158,915 (3,549 ) Non-deductible expenses 98,693 6,525 Income tax expense $ 312,767 $ 1,003,126
Schedule of provision for income tax	Schedule of provision for income tax For the year ended March 31, 2022 2021 Current income tax – Canada $ 312,767 $ 1,003,126 Deferred income tax – Canada – – Total income tax expense $ 312,767 $ 1,003,126
Schedule of deferred tax assets and liabilities	Schedule of deferred tax assets and liabilities March 31, 2022 March, 2021 Deferred tax assets: Loss carried forward to future years* $ 182,519 $ 36,155 Property, plant and equipment 44,497 36,388 Deferred financing costs 3,428 – Lease liability 253,996 9,393 Intangible assets 42,416 – Valuation allowance (250,313 ) (72,543 ) Total deferred tax assets $ 276,543 $ 9,393 Deferred tax liabilities: Intangible asset $ (214,999 ) $ (33,627 ) Property, plant and equipment (736 ) – Deferred financing costs (50,574 ) – Right of use assets (253,996 ) (9,393 ) Total deferred tax liabilities $ (520,305 ) $ (43,020 ) Deferred tax liabilities, net $ (243,762 ) $ (33,627 ) * As of March 31, 2022, the Company has non-capital loss of $688,750, resulting of deferred tax asset of $182,519. The above non-capital loss will expire on March 31, 2041 and 2042, and the Company has provided a valuation allowance of $250,313 on the deferred tax assets. As of March 31, 2021, the Company has non-capital loss of $136,434, resulting of deferred tax asset of $36,155. The above non-capital loss will expire on March 31, 2041, and the Company has provided a valuation allowance of $72,543 on the deferred tax assets.
Schedule of other taxes payable	Schedule of income taxes payable March 31, 2022 March, 2021 Corporate income tax payable $ 1,598,153 $ 1,116,024 As of March 31, 2022 and 2021, the Company had accrued income tax liabilities of approximately $ 1.6 1.1 172,993 7,441 (b) Other Taxes Payable The Company’s taxes payable consists of the following: Schedule of other taxes payable March 31, 2022 March, 2021 Other tax payable $ 1,435,045 $ 1,020,329
Schedule of other taxes payable	Schedule of other taxes payable March 31, 2022 March, 2021 Other tax payable $ 1,435,045 $ 1,020,329

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Schedule of related parties	Schedule of related parties Name of Related Party Relationship to the Company Ms. Fan Zhou Controlling shareholder of the Company China Youth Langton (Canada) Education Technology Co. Ltd. (“Langton”) Related due to Ms. Fan Zhou and her immediate family member were directors of Langton before June 2021 PrideMax Express (“Express”) Controlled by spouse of the general manager of Farvision Development PrideMax Medical Supplies Inc.(“Medical”) The general manager of Farvision Development was formally the sole director of Medical until June 1, 2020. Jason Wang General manager of Farvision Development Kelly Xu Operation manager and minority shareholder of Lowell Rusheng Wu Principal of Toronto ESchool and spouse of the minority shareholder of Toronto ESchool
Schedule of accounts receivable related party	Schedule of accounts receivable related party March 31, March 31, 2022 2021 Accounts receivable from Langton $ – $ 286,272 Total $ – $ 286,272
Schedule of due from related party	Schedule of due from related party March 31, March 31, 2022 2021 Due from Langton $ 120,075 $ 3,104,042 Due from minority interest shareholder (Lowell Academy) 120,723 – Due from Kelly Xu (Lowell Academy) 167,520 Due from Jason Wang as minority interest shareholder (Princeton Education) 24,358 – Total $ 432,676 $ 3,104,042
Schedule of related parties loan receivable	Schedule of related parties loan receivable As of March 31, Name 2022 2021 Jason Wang $ – $ 91,186 Express – 99,955 Medical – 233,134 – 424,275 Less: current portion of loan receivable – (105,898 ) Total $ – $ 318,377
Schedule of due to related parties	Schedule of due to related parties As of March 31, Name 2022 2021 Ms. Fan Zhou (a) $ 7,149,165 $ 1,471,191 Minority interest shareholder at MTM Animation (b) 67,488 – Rusheng Wu 2,369 – Total $ 7,219,022 $ 1,471,191 (c) The balance represented unsecured, due on demand and interest free borrowings between the Company and the controlling shareholder, Ms. Fan Zhou. Ms. Fan Zhou periodically provides funds to support the Company’s investment and acquisition when needed. As of March 31, 2022 and 2021, the balance due to Ms. Zhou amounted to $7,149,165 and $1,471,191, respectively. (d) Per the purchase agreement, the original shareholder of MTM Animation has right to withdraw their original shareholder advance subsequent to the Closing date. The balance is unsecured, due on demand and interest free. Subsequently to March 31, 2022, the minority shareholder has advanced additional $400,150 (C$500,000) to MTM Animation to support its daily operations.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Mar. 31, 2022
Earnings Per share
Schedule of earning per share basic and diluted	Schedule of earning per share basic and diluted For the years ended March 31, 2022 2021 Net income attributable to the Company $ 9,749 $ 2,866,857 Weighted average number of common shares outstanding – Basic and Diluted 35,000,000 35,000,000 Earnings per share – Basic and Diluted $ 0.00 $ 0.08

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of contractual obligation	Schedule of contractual obligation Contractual Obligations Total Less than 1 year 1-3 years 3-5 years More than 5 years Lease commitment $ 1,085,627 $ 262,209 $ 496,031 $ 327,387 $ – MTM Animation acquisition 624,234 160,060 64,024 400,150 – Repayment of bank loans 18,869,710 542,264 18,327,446 – – Total $ 20,579,571 $ 964,533 $ 18,887,501 $ 727,537 $ –

SEGMENT (Tables)

SEGMENT (Tables)	12 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of segment reporting information	Schedule of segment reporting information Rental Education Construction Real Estate Total for the year ended March 31, 2022 Revenue from external customers $ 2,298,198 $ 669,442 $ 8,117 $ 2,272,704 $ 5,248,461 Revenue from inter segment $ 136,977 $ – $ – $ – $ 136,977 Cost of revenue $ 1,322,188 $ 319,913 $ 4,663 $ 990,261 $ 2,637,025 Gross profit $ 976,010 $ 349,529 $ 3,454 $ 1,282,443 $ 2,611,436 Interest Expenses $ 657,961 $ 17,554 $ 25,415 $ 205,468 $ 906,398 Depreciation & amortization $ 494,729 $ – $ – $ – $ 494,729 Income tax expense $ (34,800 ) $ 22,942 $ 1,323 $ 323,302 $ 312,767 Capital expenditure $ 11,464,280 $ 591,326 $ – $ – $ 12,055,606 Segment assets $ 24,296,502 $ 4,395,712 $ 186,005 $ 7,348,365 $ 36,226,584 Segment profit (loss) $ (338,321 ) $ (388,908 ) $ (20,945 ) $ 691,700 $ (56,474 ) Rental Education Construction Real Estate Total for the year ended March 31, 2021 Revenue from external customers $ 674,898 $ 358,241 $ 78,219 $ 6,613,863 $ 7,725,221 Revenue from inter segment $ 80,596 $ – $ – $ – $ 80,596 Cost of revenue $ 256,981 $ 124,762 $ 19,529 $ 3,058,175 $ 3,459,447 Gross profit $ 417,917 $ 233,479 $ 58,690 $ 3,555,688 $ 4,265,774 Interest Expenses $ 128,120 $ 410 $ 12,540 $ 620 $ 141,690 Depreciation & amortization $ 53,763 $ – $ – $ – $ 53,763 Income tax expense $ 56,422 $ 29,631 $ 64,476 $ 852,597 $ 1,003,126 Capital expenditure $ – $ 2,511,731 $ – $ 49,995 $ 2,561,726 Segment assets $ 6,601,394 $ 3,103,630 $ 557,264 $ 3,404,814 $ 13,667,102 Segment profit $ 77,758 $ 8,843 $ 167,806 $ 2,659,239 $ 2,913,646

ORGANIZATION, DESCRIPTION OF BU

ORGANIZATION, DESCRIPTION OF BUSINESS AND GOING CONCERN (Details)	12 Months Ended
	Mar. 31, 2022
Visionary Education Service And Management Inc [Member]
Ownership percentage	100%
Farvision Education Group Inc [Member]
Ownership percentage	100%
Neo Canaan Investment Corporation [Member]
Ownership percentage	100%
Canada Inc [Member]
Ownership percentage	100%
Visionary Education Technology Holdings Group Inc [Member]
Date of Incorporation	Aug. 20, 2013
Place of Incorporation	Richmond Hill, Ontario
Principal activity	Holding company and rental business
Visionary Education Service And Management Inc [Member]
Date of Incorporation	Aug. 20, 2013
Place of Incorporation	Richmond Hill, Ontario
Principal activity	Real estate development
Farvision Education Group Inc [Member]
Date of Incorporation	May 14, 2020
Place of Incorporation	Toronto, Ontario
Principal activity	Education services
Neo Canaan Investment Corporation [Member]
Date of Incorporation	May 26, 2020
Place of Incorporation	Richmond Hill, Ontario
Principal activity	rental business
Farvision Development Group Inc [Member]
Date of Incorporation	Jul. 20, 2010
Place of Incorporation	Scarborough, Ontario
Principal activity	Construction
Farvision Development Group Inc [Member] | Neo Canaan Investment Corporation [Member]
Ownership percentage	100%
Canada Animation Industry Group Inc [Member]
Date of Incorporation	Oct. 08, 2020
Place of Incorporation	Richmond Hill, Ontario
Principal activity	Rental business
Canada Animation Industry Group Inc [Member] | Neo Canaan Investment Corporation [Member]
Ownership percentage	100%
Toronto E School Ltd [Member]
Date of Incorporation	Nov. 15, 2017
Place of Incorporation	Toronto, Ontario
Principal activity	Online high school education
Toronto E School Ltd [Member] | Farvision Education Group Inc [Member]
Ownership percentage	70%
Maple Toronto Art Academy Inc [Member]
Date of Incorporation	Jul. 27, 2020
Place of Incorporation	Toronto, Ontario
Principal activity	Arts and high school education
Maple Toronto Art Academy Inc [Member] | Farvision Education Group Inc [Member]
Ownership percentage	80%
Canada Inc Lowell Academy [Member]
Date of Incorporation	Jun. 12, 2021
Place of Incorporation	Toronto, Ontario
Principal activity	High school education
Canada Inc Lowell Academy [Member] | Farvision Education Group Inc [Member]
Ownership percentage	70%
Canada Inc Conbridge College [Member]
Date of Incorporation	Sep. 01, 2021
Place of Incorporation	Toronto, Ontario
Principal activity	Career college education
Canada Inc Conbridge College [Member] | Farvision Education Group Inc [Member]
Ownership percentage	80%
Maxthe Mutt Animation Inc [Member]
Date of Incorporation	Feb. 28, 2022
Place of Incorporation	Toronto, Ontario
Principal activity	Animation education
Maxthe Mutt Animation Inc [Member] | Farvision Education Group Inc [Member]
Ownership percentage	70%
Canada Inc [Member]
Date of Incorporation	May 20, 2022
Place of Incorporation	Markham, Ontario
Principal activity	Holding company to hold Moatfield property
Griggs International Academy China Co Ltd [Member]
Date of Incorporation	Jul. 31, 2022
Place of Incorporation	Hong Kong, China
Principal activity	Private K-12 education
Griggs International Academy China Co Ltd [Member] | Visionary Education Service And Management [Member]
Ownership percentage	90%

ORGANIZATION AND DESCRIPTION _3

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) $ / shares in Units, $ in Thousands

1 Months Ended

4 Months Ended

10 Months Ended

12 Months Ended

May 19, 2022 USD ($) $ / shares shares

Jul. 31, 2022 USD ($)

Jul. 31, 2022 CAD ($)

Mar. 31, 2022 USD ($)

Mar. 31, 2022 CAD ($)

Mar. 31, 2022 USD ($)

Mar. 31, 2021 USD ($)

Jun. 24, 2022 USD ($)

Jun. 24, 2022 CAD ($)

May 19, 2021 USD ($)

May 19, 2021 CAD ($)

Apr. 01, 2019

Real Estate Properties [Line Items]

Cash balance

$ 741,868

$ 741,868

$ 1,190,616

Working capital

11,700,000

11,700,000

Net income loss

56,474

$ (2,913,646)

Bank loan

18,900,000

18,900,000

Unpaid income tax liabilities

1,600,000

1,600,000

Other taxes payable

1,400,000

1,400,000

Purchase of office building

20,579,571

$ 20,579,571

Commerial Mortgage Loan [Member]

Real Estate Properties [Line Items]

Bank loan

$ 48,000,000

$ 60,000

Two Office Buildings [Member]

Real Estate Properties [Line Items]

Purchase of office building

$ 73,200,000

$ 93,300

Payments to Acquire and Develop Real Estate

$ 7,200,000

$ 9,000

Two Office Buildings [Member] | Subsequent Event [Member]

Real Estate Properties [Line Items]

Payments to Acquire and Develop Real Estate

$ 7,800,000

$ 9,800

Visionary Group [Member]

Real Estate Properties [Line Items]

Ownership percentage

100%

IPO [Member]

Real Estate Properties [Line Items]

Number of shares | shares

4,250,000

Share price | $ / shares

$ 4

Proceeds from initial public offering

$ 17,000,000

Proceeds from Issuance or Sale of Equity

$ 14,300,000

IPO [Member] | Subsequent Event [Member]

Real Estate Properties [Line Items]

Number of shares | shares

4,250,000

Proceeds from initial public offering

$ 14,300,000

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Mar. 31, 2022
Building [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment useful life	30 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Useful life	Decline method at 20%
Land [Member]
Property, Plant and Equipment [Line Items]
Useful life	Not depreciated
Computer And Software [Member]
Property, Plant and Equipment [Line Items]
Useful life	Decline method at 30%
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Useful life	Straight line over 5 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounting Policies [Abstract]
Yearend spot rate	C$1=US$ 0.8003	C$1=US$ 0.7952
Average rate for the year	C$1=US$ 0.7980	C$1=US$ 0.7575

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Mar. 31, 2022 USD ($) shares	Mar. 31, 2021 USD ($) shares	Mar. 31, 2019 USD ($)	Mar. 31, 2022 CAD ($)	Feb. 28, 2022 USD ($)	Feb. 28, 2022 CAD ($)	Jun. 12, 2021 USD ($)
Property, Plant and Equipment [Line Items]
Term deposits	$ 67,821	$ 0
Short term investments	56,021	0
Inventory reserve	0	0
Impairment of indefinite lived intangible assets	280,098	0
Intangible assets					$ 792,145	$ 989,811
Asset Impairment Charges	379,165	0
Impairments on goodwill	99,068	0
Impairment of indefinite-lived intangible assets	280,098
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)		0
Subsidy amount	490,171	$ 84,657
Forgiveness value	80,030
Loan payable	$ 160,060			$ 200,000
Dilutive shares | shares	0	0
CEWS Program [Member]
Property, Plant and Equipment [Line Items]
Subsidy amount	$ 326,640	$ 39,207
CERS Program [Member]
Property, Plant and Equipment [Line Items]
Subsidy amount	163,530	$ 0
CEBA Program [Member]
Property, Plant and Equipment [Line Items]
Outstanding loan	$ 240,090
Minimum [Member]
Property, Plant and Equipment [Line Items]
Amortization of intangible assets term	1 year
Maximum [Member]
Property, Plant and Equipment [Line Items]
Amortization of intangible assets term	4 years
MTM Animation [Member]
Property, Plant and Equipment [Line Items]
Cash insured amount	$ 349,478			436,684
Toronto ESchool [Member]
Property, Plant and Equipment [Line Items]
Cash insured amount	135,099			$ 168,810
Asset Impairment Charges			$ 589,468
Canada Inc Lowell Academy [Member]
Property, Plant and Equipment [Line Items]
Intangible assets	10,404						$ 98,437
Asset Impairment Charges	10,404
Maxthe Mutt Animation Inc [Member]
Property, Plant and Equipment [Line Items]
Intangible assets	140,853
Asset Impairment Charges	$ 0
Toronto ESchool [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interests	30%	30%		30%
Arts Academy [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interests	20%	20%		20%
Princeton Education [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interests	30%			30%
Lowell Academy [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interests	30%			30%
Conbridge College [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interests	20%			20%
MTM Animation [Member]
Property, Plant and Equipment [Line Items]
Noncontrolling interests	30%			30%

ACCOUNTS RECEIVABLE, NET (Detai

ACCOUNTS RECEIVABLE, NET (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Credit Loss [Abstract]
Accounts receivable from third-party customers	$ 1,653	$ 183,690
Less: allowance for doubtful accounts	0	0
Total accounts receivable from third-party customers, net	1,653	183,690
Add: accounts receivable - related party	0	286,272
Total accounts receivable, net	$ 1,653	$ 469,962

ACCOUNTS RECEIVABLE, NET (Det_2

ACCOUNTS RECEIVABLE, NET (Details Narrative) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Credit Loss [Abstract]
Allowance for doubtful accounts	$ 0	$ 0
Accounts receivable, related party	$ 0	$ 286,272

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Inventory Disclosure [Abstract]
Purchase cost of lands	$ 0	$ 758,704
Accumulated carrying costs	0	80,686
Inventory, gross	0	839,390
Less: inventory reserves	0	0
Inventory, net		$ 839,390

INVENTORIES (Details Narrative)

INVENTORIES (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Sales revenue	$ 5,248,461	$ 7,725,221
Inventory reserves	0	0
Third Parties [Member]
Defined Benefit Plan Disclosure [Line Items]
Sales revenue	$ 2,300,000	$ 6,600,000

LOAN RECEIVABLES (Details)

LOAN RECEIVABLES (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Superinet Inc [Member]
Defined Benefit Plan Disclosure [Line Items]
Loan receivable - current	$ 131,036	$ 127,232

LOAN RECEIVABLES (Details Narra

LOAN RECEIVABLES (Details Narrative)					1 Months Ended	12 Months Ended
	Jul. 15, 2020 USD ($)	Jul. 15, 2020 CAD ($)	Jun. 02, 2020 USD ($)	Jun. 02, 2020 CAD ($)	Apr. 15, 2021 USD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2021 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Proceeds from loan					$ 5,500,000
Interest income accrued						$ 2,988	$ 2,014
Superinet Inc [Member]
Defined Benefit Plan Disclosure [Line Items]
Proceeds from loan			$ 64,024	$ 80,000
Loan term			2 years	2 years
Interest rate			2%	2%
Increased interest rate			4%	4%
Superinet Inc [Member] | Second Loan Agreement [Member]
Defined Benefit Plan Disclosure [Line Items]
Proceeds from loan	$ 64,024	$ 80,000

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Property plant and equipment	$ 24,029,728	$ 4,760,182
Less: Accumulated depreciation	(789,258)	(290,415)
Property, plant and equipment, net	23,240,470	4,469,767
Land [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment	8,502,738	3,305,967
Building [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment	15,334,220	1,370,083
Computer And Software [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment	59,925	0
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment	3,546	0
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment	$ 129,299	$ 84,132

PROPERTY, PLANT AND EQUIPMENT_4

PROPERTY, PLANT AND EQUIPMENT, NET (Details Narrative)			1 Months Ended	12 Months Ended
	Apr. 15, 2021 USD ($)	Apr. 15, 2021 CAD ($)	Apr. 15, 2021 USD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2022 CAD ($)	Mar. 31, 2021 USD ($)	Mar. 31, 2021 CAD ($)	Mar. 31, 2022 CAD ($)	Apr. 15, 2021 CAD ($)
Property, Plant and Equipment [Line Items]
Depreciation expense				$ 494,729		$ 53,763
Long-term bank loan				542,264		172,629
Land and building				4,400,000
Total consideration				23,240,470		4,469,767
Loan amount			$ 5,500,000
Fair market value				760,285				$ 950,000
Property, plant and equipment additions				19,238,192	$ 24,038,725		$ 0
Accumulated depreciation				30,448		$ 1,702
Bank Loan [Member]
Property, Plant and Equipment [Line Items]
Loan amount	$ 7,200,000	$ 9,000,000
Bank Loan One [Member]
Property, Plant and Equipment [Line Items]
Loan amount	5,600,000	$ 7,000,000
Office Building [Member]
Property, Plant and Equipment [Line Items]
Total consideration	10,000,000		10,000,000						$ 12,500,000
Office Building One [Member]
Property, Plant and Equipment [Line Items]
Total consideration	$ 7,900,000		$ 7,900,000						$ 9,900,000
National Bank Of Canada [Member]
Property, Plant and Equipment [Line Items]
Long-term bank loan				$ 6,200,000

INTANGIBLE ASSETS, NET (Details

INTANGIBLE ASSETS, NET (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021	Jul. 27, 2020
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net	$ 1,082,061	$ 428,061
Toronto ESchool [Member]
Finite-Lived Intangible Assets [Line Items]
Deferred tax liability	33,843	33,627
Intangible assets, gross	270,746	269,021
Toronto ESchool [Member] | License [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	236,903	235,394
Art Academy [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	0	0
Art Academy [Member] | License [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	160,060	159,040	$ 160,060
Impairment loss	(160,060)	0
Conbridge College [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	19,170	0
Impairment loss	(22,408)	0
Conbridge College [Member] | Brand Name [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	22,408
Conbridge College [Member] | License [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	19,170
Lowell Academy [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	0	0
Impairment loss	(98,437)	0
Lowell Academy [Member] | Brand Name [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	88,033
Lowell Academy [Member] | Student List [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	10,404
MTM Animation [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, gross	792,145	$ 0
MTM Animation [Member] | Brand Name [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	464,974
MTM Animation [Member] | License [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	186,319
MTM Animation [Member] | Student List [Member]
Finite-Lived Intangible Assets [Line Items]
Net acquisition cost	$ 140,852

INTANGIBLE ASSETS, NET (Detai_2

INTANGIBLE ASSETS, NET (Details Narrative)				1 Months Ended	12 Months Ended
	Jun. 12, 2021 USD ($)	Jun. 12, 2021 CAD ($)	Mar. 02, 2021 USD ($)	Dec. 19, 2020 USD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2021 USD ($)	Mar. 31, 2019 USD ($)	Feb. 28, 2022 USD ($)	Feb. 28, 2022 CAD ($)	Jul. 27, 2020 USD ($)
Finite-Lived Intangible Assets [Line Items]
Impairment loss					$ 379,165	$ 0
Impairment loss					(379,165)	0
Total consideration				$ 1,456,546
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	$ 41,578
Intangible assets								$ 792,145	$ 989,811
Investment Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment loss					98,437
Impairment loss					(98,437)
Private Vocational College License [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment loss					22,408
Impairment loss					(22,408)
Toronto ESchool [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment loss							$ 589,468
Deferred tax liability					33,843	33,627
Impairment loss							$ (589,468)
Toronto ESchool [Member] | License [Member]
Finite-Lived Intangible Assets [Line Items]
[custom:FinitelivedIntangibleAssetsAcquired-0]					236,903	235,394
Art Academy [Member] | License [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment loss					(160,060)
[custom:FinitelivedIntangibleAssetsAcquired-0]					160,060	$ 159,040				$ 160,060
Impairment loss					160,060
Canada Inc Lowell Academy [Member]
Finite-Lived Intangible Assets [Line Items]
Impairment loss					10,404
Impairment loss					(10,404)
Total consideration	164,829,000	$ 210,000	$ 62,792
Intangible assets	$ 98,437				$ 10,404

ACQUISITION DEPOSITS (Details)

ACQUISITION DEPOSITS (Details)	Mar. 31, 2022 USD ($)	Mar. 31, 2021 USD ($)	Mar. 31, 2021 CAD ($)
Business Acquisition [Line Items]
Total acquisition deposits	$ 7,364,241	$ 2,496,790
Property [Member]
Business Acquisition [Line Items]
Total acquisition deposits	0	52,483
Toronto High School [Member]
Business Acquisition [Line Items]
Total acquisition deposits	128,048	127,232
Conbridge College [Member]
Business Acquisition [Line Items]
Total acquisition deposits	0	31,808	$ 40,000
Lowell Academy [Member]
Business Acquisition [Line Items]
Total acquisition deposits	0	87,167
Max the Mutt Animation [Member]
Business Acquisition [Line Items]
Total acquisition deposits	0	795,200
Downtown Markham [Member]
Business Acquisition [Line Items]
Total acquisition deposits	0	1,402,900
Moatfiled Toronto [Member]
Business Acquisition [Line Items]
Total acquisition deposits	$ 7,236,193	$ 0

BUSINESS ACQUISITIONS AND GOO_3

BUSINESS ACQUISITIONS AND GOODWILL (Details)	Mar. 31, 2022 USD ($)	Mar. 31, 2022 CAD ($)	Mar. 31, 2021 USD ($)
Business Acquisition [Line Items]
Goodwill	$ 1,030,399		$ 0
Lowell Academy [Member]
Business Acquisition [Line Items]
Goodwill	75,103		0
Impairment on goodwill	(75,103)
Conbridge College [Member]
Business Acquisition [Line Items]
Goodwill	24,250		0
Impairment on goodwill	(24,250)
MTM Animation [Member]
Business Acquisition [Line Items]
Goodwill	$ 1,030,399	$ 1,287,516	$ 0

ACQUISITION DEPOSITS (Details N

ACQUISITION DEPOSITS (Details Narrative)

1 Months Ended

12 Months Ended

Mar. 02, 2021 USD ($)

Mar. 02, 2021 CAD ($)

Dec. 19, 2020 USD ($)

Dec. 19, 2020 CAD ($)

Mar. 31, 2022 USD ($)

Mar. 31, 2022 CAD ($)

Mar. 31, 2021 USD ($)

Jul. 15, 2022 USD ($)

Jun. 30, 2022 USD ($)

Jun. 17, 2022 USD ($)

May 25, 2022 USD ($)

Apr. 04, 2022 USD ($)

Mar. 10, 2022 USD ($)

Nov. 09, 2021 USD ($)

Oct. 08, 2021 USD ($)

Jun. 12, 2021 USD ($)

May 19, 2021 USD ($)

Mar. 31, 2021 CAD ($)

Nov. 25, 2020 USD ($)

Nov. 23, 2020 USD ($)

Business Acquisition [Line Items]

Deposit Assets

$ 7,364,241

$ 2,496,790

Contractual Obligation

20,579,571

Accounts receivable

1,653

469,962

Accounts payable

278,544

50,198

Office Building 1 Markham [Member]

Business Acquisition [Line Items]

Deposit Assets

760,285

Contractual Obligation

$ 10,000,000

Office Building 2 Markham [Member]

Business Acquisition [Line Items]

Deposit Assets

651,611

Contractual Obligation

$ 7,900,000

Moatfiled Toronto [Member]

Business Acquisition [Line Items]

Contractual Obligation

$ 800,000

$ 800,000

$ 4,800,000

$ 1,440,000

$ 2,400,000

$ 2,400,000

$ 800,000

$ 1,600,000

Lowell Academy [Member]

Business Acquisition [Line Items]

Contractual Obligation

$ 168,063

Max the Mutt Animation [Member]

Business Acquisition [Line Items]

Contractual Obligation

$ 1,700,000

Maxthe Mutt Animation Inc [Member]

Business Acquisition [Line Items]

Repayments of Related Party Debt

400,150

$ 500,000

400,150

$ 500,000

Toronto High School [Member]

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents

$ 128,048

Deposit Assets

128,048

127,232

Conbridge College [Member]

Business Acquisition [Line Items]

Business Combination, Consideration Transferred

$ 64,064

$ 80,000

Deposit Assets

0

31,808

$ 40,000

Conbridge College 1 [Member]

Business Acquisition [Line Items]

Deposit Assets

32,012

Lowell Academy [Member]

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents

87,167

Deposit Assets

0

87,167

Accounts receivable

65,873

Rental income

24,162

Renovation costs

36,145

Accounts payable

$ 20,110

Max the Mutt Animation [Member]

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents

800,300

Deposit Assets

0

795,200

Accounts payable

$ 95,228

Deferred purchase payments

$ 224,084

Residential Property [Member]

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents

$ 52,820

BUSINESS ACQUISITIONS AND GOO_4

BUSINESS ACQUISITIONS AND GOODWILL (Details 1) - USD ($)	Mar. 31, 2022	Jun. 12, 2021	Mar. 31, 2021
Business Acquisition [Line Items]
Intangible assets		$ 41,578
Goodwill	$ 1,030,399		$ 0
Lowell Academy [Member]
Business Acquisition [Line Items]
Intangible assets	98,437
Working capital acquired	37,254
Noncontrolling interest	(42,731)
Goodwill	75,103		$ 0
Total consideration	$ 168,063

BUSINESS ACQUISITIONS AND GOO_5

BUSINESS ACQUISITIONS AND GOODWILL (Details 2) - USD ($)	Mar. 31, 2022	Jun. 12, 2021	Mar. 31, 2021
Business Acquisition [Line Items]
Intangible assets		$ 41,578
Goodwill	$ 1,030,399		$ 0
Conbridge College [Member]
Business Acquisition [Line Items]
Working capital acquired	11,947
Furniture and equipment	2,198
Intangible assets	41,578
Noncontrolling interest	(6,345)
Goodwill	24,250		$ 0
Total consideration	$ 73,628

BUSINESS ACQUISITIONS AND GOO_6

BUSINESS ACQUISITIONS AND GOODWILL (Details 3)	Mar. 31, 2022 USD ($)	Mar. 31, 2022 CAD ($)	Jun. 12, 2021 USD ($)	Mar. 31, 2021 USD ($)
Business Acquisition [Line Items]
Intangible assets			$ 41,578
Goodwill	$ 1,030,399			$ 0
MTM Animation [Member]
Business Acquisition [Line Items]
Working capital acquired	896,848
Short-term investment	55,816
Furniture and equipment	74,184
Intangible assets	792,145
ROU assets	954,475
Lease liability	(954,475)
Deferred revenue	(290,973)
Deferred tax liabilities	(209,919)
Payable to minority interest holders	(467,638)
Noncontrolling interest	(424,316)
Goodwill	1,030,399	$ 1,287,516		$ 0
Total consideration	$ 1,456,546

BUSINESS ACQUISITIONS AND GOO_7

BUSINESS ACQUISITIONS AND GOODWILL (Details Narrative)		12 Months Ended
	Mar. 02, 2021 USD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2022 CAD ($)	Feb. 28, 2022 USD ($)	Feb. 28, 2022 CAD ($)	Jun. 12, 2021 USD ($)	Mar. 31, 2021 USD ($)	Dec. 19, 2020 USD ($)
Business Acquisition [Line Items]
Total consideration		$ 20,579,571
Intangible asset				$ 792,145	$ 989,811
Goodwill		1,030,399					$ 0
Intangible asset definite						$ 41,578
Lowell Academy 1 [Member]
Business Acquisition [Line Items]
Goodwill		75,103
Lowell Academy [Member]
Business Acquisition [Line Items]
Goodwill		75,103					0
Impairment loss		75,103
Intangible asset definite		98,437
Total consideration		168,063
Conbridge College [Member]
Business Acquisition [Line Items]
Goodwill		24,250					0
Impairment loss		24,250
Consideration	$ 73,628
Original purchase price	80,000
Restricted cash	$ 12,000
Intangible asset definite		41,578
Total consideration		73,628
MTM Animation [Member]
Business Acquisition [Line Items]
Goodwill		1,030,399	$ 1,287,516				$ 0
Intangible asset definite		792,145
Total consideration		1,456,546
Farvision Education [Member]
Business Acquisition [Line Items]
Total consideration						168,063
Intangible asset		88,033
Lowell Academy [Member]
Business Acquisition [Line Items]
Total consideration						$ 168,063
Intangible asset		10,404
Vocational College [Member]
Business Acquisition [Line Items]
Goodwill		24,250
Intangible asset definite		41,578
Conbridge College [Member]
Business Acquisition [Line Items]
Impairment loss		24,250
MTM Animation [Member]
Business Acquisition [Line Items]
Intangible asset definite		$ 792,145	$ 989,811
Total consideration								$ 1,456,546

LEASES (Details - Schedule of o

LEASES (Details - Schedule of operating leases) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Long-Lived Assets Held-for-sale [Line Items]
Total Right-of-use assets, net	$ 958,477	$ 35,445
Operating lease liabilities - current	211,600	16,150
Operating lease liabilities - non-current	746,877	19,295
Total	958,477	35,445
Vehicle Leases [Member]
Long-Lived Assets Held-for-sale [Line Items]
Total Right-of-use assets, net	19,419	$ 35,445
Premise Lease [Member]
Long-Lived Assets Held-for-sale [Line Items]
Total Right-of-use assets, net	914,233
Equipment Lease [Member]
Long-Lived Assets Held-for-sale [Line Items]
Total Right-of-use assets, net	$ 24,825

LEASES (Details - Weighted aver

LEASES (Details - Weighted average information)	Mar. 31, 2022	Mar. 31, 2021
Leases [Abstract]
Weighted average remaining lease term (years)	4 years 3 months 7 days	2 years 3 months 3 days
Weighted average discount rate	5.92%	2%

LEASES (Details - Future minimu

LEASES (Details - Future minimum lease payments) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Leases [Abstract]
2023	$ 262,209
2024	250,076
2025	245,955
2026	245,955
2027	81,432
Total future minimum lease payments	1,085,627
Less: imputed interest	(127,150)
Total	$ 958,477	$ 35,445

Bank Loans (Details)

Bank Loans (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Short-Term Debt [Line Items]
Bank loan	$ 18,820,580	$ 6,387,057
Less: current portion of bank loans	(542,264)	(172,629)
Bank loans, non-current	18,278,316	6,214,428
C E B A Loan [Member]
Short-Term Debt [Line Items]
Bank loan	160,060	95,424
Less: unamortized financing cost	(49,130)	(31,808)
National Bank [Member]
Short-Term Debt [Line Items]
Bank loan	6,190,292	6,323,441
H S B C Bank [Member]
Short-Term Debt [Line Items]
Bank loan	12,497,225	0
T D Trust [Member]
Short-Term Debt [Line Items]
Bank loan	9,728	0
R B C Line Of Credit [Member]
Short-Term Debt [Line Items]
Bank loan	$ 12,405	$ 0

BANK LOANS (Details - Future mi

BANK LOANS (Details - Future minimum debt payments)	Mar. 31, 2022 USD ($)
Debt Disclosure [Abstract]
2023	$ 542,264
2024	706,790
2025	17,620,656
Total	$ 18,869,710

BANK LOANS (Details Narrative)

BANK LOANS (Details Narrative)

1 Months Ended

12 Months Ended

13 Months Ended

Mar. 09, 2022 USD ($)

Mar. 09, 2022 CAD ($)

Nov. 09, 2021 USD ($)

Nov. 09, 2021 CAD ($)

Apr. 15, 2021 USD ($)

Nov. 26, 2020 USD ($)

Nov. 26, 2020 CAD ($)

Feb. 28, 2019 USD ($)

Mar. 31, 2022 USD ($)

Mar. 31, 2022 CAD ($)

Mar. 31, 2021 USD ($)

Mar. 31, 2021 CAD ($)

Apr. 15, 2022 USD ($)

Mar. 31, 2022 CAD ($)

Nov. 26, 2020 CAD ($)

Short-Term Debt [Line Items]

Fixed interest rate

3.30%

Negotiation fee

$ 31,808

Loans

$ 5,500,000

Monthly instalments

monthly instalments ($35,290 and $27,448 respectively)

Floating rate description

floating interest rate of prime rate + 3.5% per annum

Monthly payment

$ 447

Loan balance

$ 18,278,316

$ 6,214,428

Maturity date

Feb. 01, 2024

Feb. 01, 2024

Outstanding loan

$ 542,264

172,629

Long-Term Debt, Current Maturities

542,264

172,629

Loan Agreement [Member]

Short-Term Debt [Line Items]

Payment fee

$ 49,108

Animation Group [Member]

Short-Term Debt [Line Items]

Building cost

$ 10,000,000

Neo Canaan Investment [Member]

Short-Term Debt [Line Items]

Building cost

7,900,000

H S B C Bank [Member]

Short-Term Debt [Line Items]

Loans

$ 7,200,000

Lowell Academy [Member]

Short-Term Debt [Line Items]

Term loan

$ 22,370

Canada Inc Lowell Academy [Member]

Short-Term Debt [Line Items]

Loan balance

9,728

Line of credit

24,009

Outstanding loan

12,005

Long-Term Debt, Current Maturities

18,800,000

Ms Fan Zhou [Member]

Short-Term Debt [Line Items]

Other Expense

$ 4,800,000

Loans

$ 1,700,000

$ 2,120,000

$ 5,250,000

$ 6,560,000

$ 15,680,000

National Bank [Member]

Short-Term Debt [Line Items]

Borrowing loan

$ 6,400,000

$ 8,000,000

Fixed interest rate

3.09%

3.09%

Monthly payment

$ 30,466

$ 38,312

C E B A Loan [Member]

Short-Term Debt [Line Items]

Loan received

$ 143,136

$ 180,000

Interest rate

0%

0%

Debt Instrument, Interest Rate, Increase (Decrease)

5%

5%

Loan repaid

$ 45,450

$ 60,000

Loan forgiveness

$ 45,450

$ 60,000

Outstanding loan

240,090

$ 300,000

Loan paid

$ 160,060

$ 200,000

TAXES (Details)

TAXES (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income before tax	$ 256,293	$ 3,916,772
Statutory Canadian tax rate	26.50%	26.50%
Income tax based on statutory tax rate	$ 67,918	$ 1,037,945
Reduction due to small business deduction	0	(54,161)
Difference on tax rates	(14,084)	16,366
Change in estimate	1,325	0
Change in valuation allowance	(158,915)	3,549
Non-deductible expenses	98,693	6,525
Income tax expense	$ 312,767	$ 1,003,126

TAXES (Details - Provision for

TAXES (Details - Provision for taxes) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Current income tax – Canada	$ 312,767	$ 1,003,126
Deferred income tax – Canada	0	0
Total income tax expense	$ 312,767	$ 1,003,126

TAXES (Details - Deferred taxes

TAXES (Details - Deferred taxes) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Deferred tax assets:
Loss carried forward to future years*	$ 182,519	$ 36,155
Property, plant and equipment	44,497	36,388
Deferred financing costs	3,428
Lease liability	253,996	9,393
Intangible assets	42,416
Valuation allowance	(250,313)	(72,543)
Total deferred tax assets	276,543	9,393
Deferred tax liabilities:
Intangible asset	(214,999)	(33,627)
Property, plant and equipment	(736)
Deferred financing costs	(50,574)	0
Right of use assets	(253,996)	(9,393)
Total deferred tax liabilities	(520,305)	(43,020)
Deferred tax liabilities, net	$ (243,762)	$ (33,627)

TAXES (Details - Income tax pay

TAXES (Details - Income tax payable) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Corporate income tax payable	$ 1,598,153	$ 1,116,024

TAXES (Details - Schedule of ot

TAXES (Details - Schedule of other taxes payable) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Other tax payable	$ 1,435,045	$ 1,020,329

TAXES (Details Narrative)

TAXES (Details Narrative) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Deferred tax assets	$ 0	$ 0
Deferred tax liabilities	243,762	33,627
Accrued income tax liabilities	1,600,000	1,100,000
Accrued penalties and interest	172,993	7,441
Accrued Liabilities for Commissions, Expense and Taxes	1,400,000	1,000,000
[custom:IncomeTaxExaminationPenaltiesAndInterestAccruedOther-0]	$ 89,714	$ 4,129

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details - Schedule of related parties)	12 Months Ended
	Mar. 31, 2022
Ms Fan Zhou [Member]
Related Party Transaction [Line Items]
Name of related party	Ms. Fan Zhou
Relationship to the Company	Controlling shareholder of the Company
Langton [Member]
Related Party Transaction [Line Items]
Name of related party	China Youth Langton (Canada) Education Technology Co. Ltd. (“Langton”)
Relationship to the Company	Related due to Ms. Fan Zhou and her immediate family member were directors of Langton before June 2021
Express [Member]
Related Party Transaction [Line Items]
Name of related party	PrideMax Express (“Express”)
Relationship to the Company	Controlled by spouse of the general manager of Farvision Development
Medical [Member]
Related Party Transaction [Line Items]
Name of related party	PrideMax Medical Supplies Inc.(“Medical”)
Relationship to the Company	The general manager of Farvision Development was formally the sole director of Medical until June 1, 2020.
Jason Wang [Member]
Related Party Transaction [Line Items]
Name of related party	Jason Wang
Relationship to the Company	General manager of Farvision Development
Kelly Xu [Member]
Related Party Transaction [Line Items]
Name of related party	Kelly Xu
Relationship to the Company	Operation manager and minority shareholder of Lowell
Rusheng Wu [Member]
Related Party Transaction [Line Items]
Name of related party	Rusheng Wu
Relationship to the Company	Principal of Toronto ESchool and spouse of the minority shareholder of Toronto ESchool

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details - Related party accounts receivable) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Account receivable - related party	$ 0	$ 286,272
Langton [Member]
Related Party Transaction [Line Items]
Account receivable - related party	$ 0	$ 286,272

RELATED PARTY TRANSACTIONS (D_3

RELATED PARTY TRANSACTIONS (Details - Related party payables) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Due from related party	$ 432,676	$ 3,104,042
Langton [Member]
Related Party Transaction [Line Items]
Due from related party	120,075	3,104,042
Lowell Academy [Member]
Related Party Transaction [Line Items]
Due from related party	120,723	0
Kelly Xu [Member]
Related Party Transaction [Line Items]
Due from related party	167,520
Jason Wang [Member]
Related Party Transaction [Line Items]
Due from related party	$ 24,358	$ 0

RELATED PARTY TRANSACTIONS (D_4

RELATED PARTY TRANSACTIONS (Details - Related party loans receivable - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Related parties loan receivable	$ 0	$ 424,275
Less: current portion of loan receivable	0	(105,898)
Total	0	105,898
Jason Wang [Member]
Related Party Transaction [Line Items]
Related parties loan receivable	0	91,186
Total	0	318,377
Express [Member]
Related Party Transaction [Line Items]
Related parties loan receivable	0	99,955
Medical [Member]
Related Party Transaction [Line Items]
Related parties loan receivable	$ 0	$ 233,134

RELATED PARTY TRANSACTIONS (D_5

RELATED PARTY TRANSACTIONS (Details - Due to related parties) - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Total Due to related parties	$ 7,219,022	$ 1,471,191
Ms Fan Zhou [Member]
Related Party Transaction [Line Items]
Total Due to related parties	7,149,165	1,471,191
MTM Animation [Member]
Related Party Transaction [Line Items]
Total Due to related parties	67,488	0
Rusheng Wu [Member]
Related Party Transaction [Line Items]
Total Due to related parties	$ 2,369	$ 0

RELATED PARTY TRANSACTIONS (D_6

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Payments for Rent	$ 3,856
Accounts Receivable, after Allowance for Credit Loss	$ 1,653	$ 469,962
Minimum [Member]
Related Party Transaction [Line Items]
Interest rate	2%
Maximum [Member]
Related Party Transaction [Line Items]
Interest rate	3%
Langton [Member]
Related Party Transaction [Line Items]
Rental Income, Nonoperating	$ 127,115	241,327
Accounts Receivable, after Allowance for Credit Loss	$ 0	$ 286,272

EQUITY (Details Narrative)

EQUITY (Details Narrative)		1 Months Ended
	Oct. 15, 2021 $ / shares shares	Mar. 18, 2022	Aug. 21, 2013 shares	Aug. 20, 2013 USD ($) $ / shares shares	Aug. 20, 2013 CAD ($) shares	Mar. 31, 2022 shares	Oct. 15, 2021 $ / shares	Mar. 31, 2021 shares	Mar. 31, 2020 shares	Mar. 31, 2019 shares	Aug. 20, 2013 $ / shares
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Par value | (per share)				$ 0.75							$ 1
Number of shares transferred			100
Reverse stock split	10,000 for 1 stock split	35-for-1 stock split
Exchange of shares	10,000
Shares outstanding						35,000,000		35,000,000	35,000,000	35,000,000
Maximum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Share price | (per share)	$ 0.75						$ 1
Minimum [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Share price | (per share)	$ 0.000075						$ 0.0001
Ms Fan Zhou [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Number of shares issued				100	100
Number of shares issued, value				$ 75	$ 100

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per share
Net income attributable to the Company	$ 9,749	$ 2,866,857
Weighted average number of common shares outstanding – Basic and Diluted	35,000,000	35,000,000
Earnings per share – Basic and Diluted	$ 0	$ 0.08

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details)	Mar. 31, 2022 USD ($)
Other Commitments [Line Items]
Purchase of office building	$ 20,579,571
Contractual Obligations	964,533
Contractual Obligations	18,887,501
Contractual Obligations	727,537
Contractual Obligations	0
Lease Commitment [Member]
Other Commitments [Line Items]
Purchase of office building	1,085,627
Contractual Obligations	262,209
Contractual Obligations	496,031
Contractual Obligations	327,387
Contractual Obligations	0
M T M Animation Acquisition [Member]
Other Commitments [Line Items]
Purchase of office building	624,234
Contractual Obligations	160,060
Contractual Obligations	64,024
Contractual Obligations	400,150
Contractual Obligations	0
Repayment Of Bank Loans [Member]
Other Commitments [Line Items]
Purchase of office building	18,869,710
Contractual Obligations	542,264
Contractual Obligations	18,327,446
Contractual Obligations	0
Contractual Obligations	$ 0

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Details Narrative)	1 Months Ended		12 Months Ended
	Dec. 19, 2020 USD ($)	Dec. 19, 2020 CAD ($)	Mar. 31, 2022 USD ($)	Mar. 31, 2022 CAD ($)
Maxthe Mutt Animation Inc [Member]
Payment to shareholders	$ 400,150	$ 500,000	$ 400,150	$ 500,000

SEGMENT (Details)

SEGMENT (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting Information [Line Items]
Revenue from external customers	$ 5,248,461	$ 7,725,221
Revenue from inter segment	136,977	80,596
Cost of revenue	2,637,025	3,459,447
Gross profit	2,611,436	4,265,774
Interest Expenses	906,398	141,690
Depreciation & amortization	494,729	53,763
Income tax expense	312,767	1,003,126
Capital expenditure	12,055,606	2,561,726
Segment assets	36,226,584	13,667,102
Segment profit	(56,474)	2,913,646
Construction Segment [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	8,117	78,219
Revenue from inter segment	0	0
Cost of revenue	4,663	19,529
Gross profit	3,454	58,690
Interest Expenses	25,415	12,540
Depreciation & amortization	0	0
Income tax expense	1,323	64,476
Capital expenditure	0	0
Segment assets	186,005	557,264
Segment profit	(20,945)	167,806
Real Estate Segment [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	2,272,704	6,613,863
Revenue from inter segment	0	0
Cost of revenue	990,261	3,058,175
Gross profit	1,282,443	3,555,688
Interest Expenses	205,468	620
Depreciation & amortization	0	0
Income tax expense	323,302	852,597
Capital expenditure	0	49,995
Segment assets	7,348,365	3,404,814
Segment profit	691,700	2,659,239
Rental [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	2,298,198	674,898
Revenue from inter segment	136,977	80,596
Cost of revenue	1,322,188	256,981
Gross profit	976,010	417,917
Interest Expenses	657,961	128,120
Depreciation & amortization	494,729	53,763
Income tax expense	(34,800)	56,422
Capital expenditure	11,464,280	0
Segment assets	24,296,502	6,601,394
Segment profit	(338,321)	77,758
Education [Member]
Segment Reporting Information [Line Items]
Revenue from external customers	669,442	358,241
Revenue from inter segment	0	0
Cost of revenue	319,913	124,762
Gross profit	349,529	233,479
Interest Expenses	17,554	410
Depreciation & amortization	0	0
Income tax expense	22,942	29,631
Capital expenditure	591,326	2,511,731
Segment assets	4,395,712	3,103,630
Segment profit	$ (388,908)	$ 8,843

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)

1 Months Ended

12 Months Ended

Jul. 15, 2022 USD ($)

Jul. 15, 2022 CAD ($)

Jul. 15, 2022 USD ($)

Jul. 15, 2022 CAD ($)

Jul. 14, 2022 USD ($) shares

Jul. 05, 2022 $ / shares shares

Apr. 04, 2022 USD ($)

Apr. 04, 2022 CAD ($)

Apr. 03, 2022 USD ($)

Apr. 03, 2022 CAD ($)

Mar. 09, 2022 USD ($)

Mar. 09, 2022 CAD ($)

Mar. 09, 2022 USD ($)

Mar. 09, 2022 CAD ($)

Nov. 09, 2021 USD ($)

Nov. 09, 2021 CAD ($)

Oct. 08, 2021 USD ($)

Oct. 08, 2021 CAD ($)

Jul. 19, 2022 USD ($) shares

Jul. 18, 2022 USD ($)

Jul. 18, 2022 CAD ($)

Jun. 24, 2022 USD ($)

Jun. 24, 2022 CAD ($)

Jun. 17, 2022 USD ($)

Jun. 17, 2022 CAD ($)

May 25, 2022 USD ($)

May 25, 2022 CAD ($)

May 25, 2022 USD ($)

May 25, 2022 CAD ($)

May 19, 2022 USD ($) $ / shares shares

Mar. 31, 2022 USD ($) shares

Mar. 31, 2022 CAD ($)

May 19, 2021 USD ($)

May 19, 2021 CAD ($)

Apr. 15, 2021 USD ($)

Mar. 31, 2022 USD ($) shares

Mar. 31, 2022 CAD ($)

Jun. 24, 2022 CAD ($)

Mar. 31, 2021 USD ($) shares

Mar. 31, 2020 shares

Mar. 31, 2019 shares

Subsequent Event [Line Items]

Common Stock, Shares, Outstanding | shares

35,000,000

35,000,000

35,000,000

35,000,000

35,000,000

Purchase price

$ 73,200,000

$ 93,300,000

Deposit paid

$ 7,200,000

$ 9,000,000

Proceeds from loan

$ 5,500,000

Mortgage loan

$ 542,264

$ 542,264

$ 172,629

Ms Fan Zhou [Member]

Subsequent Event [Line Items]

Proceeds from loan

$ 1,700,000

$ 2,120,000

$ 5,250,000

$ 6,560,000

$ 15,680,000

Loan repaid

$ 12,550,000

$ 15,680,000

$ 12,550,000

First Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 1,600,000

$ 2,000,000

Second Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 800,000

$ 1,000,000

Third Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 2,400,000

$ 3,000,000

Fourth Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 2,400,000

$ 3,000,000

Subsequent Event [Member]

Subsequent Event [Line Items]

Deposits

$ 500,000,000

Common Stock, Shares, Issued | shares

39,250,000

Common Stock, Shares, Outstanding | shares

39,250,000

Mortgage loan

$ 48,000,000

$ 60,000,000

Interest rate

1%

1%

Loan amount description

An upfront fee of $96,036 (C$ 120,000) which is 0.2% of loan amount will be deducted from the loan amount on the closing date. The loan is guaranteed by the Company. Mr. Fan Zhou also provides personal guarantee for 100% of the loan amount.

An upfront fee of $96,036 (C$ 120,000) which is 0.2% of loan amount will be deducted from the loan amount on the closing date. The loan is guaranteed by the Company. Mr. Fan Zhou also provides personal guarantee for 100% of the loan amount.

Education payment paid

$ 80,030

$ 100,000

Subsequent Event [Member] | Griggs International Academy China Co Ltd [Member]

Subsequent Event [Line Items]

Newly issued shares | shares

9,000

Shares issued

$ 900,000,000

Subsequent Event [Member] | Ms Fan Zhou [Member]

Subsequent Event [Line Items]

Proceeds from loan

$ 800,000

$ 1,000,000

$ 1,440,000

$ 1,800,000

$ 2,960,000

$ 3,700,000

$ 4,800,000

$ 6,000,000

Loan repaid

$ 12,550,000

$ 15,680,000

$ 12,550,000

$ 15,680,000

Subsequent Event [Member] | Fifth Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 1,440,000

$ 1,800,000

Subsequent Event [Member] | Sixth Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

4,800,000

Subsequent Event [Member] | Seventh Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 800,000

$ 1,000,000

Subsequent Event [Member] | Eighth Deposit Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 800,000

$ 1,000,000

Subsequent Event [Member] | Moatfield Drive Purchase Agreement [Member]

Subsequent Event [Line Items]

Deposit paid

$ 15,040,000

$ 18,800,000

Subsequent Event [Member] | Two Griggs Sharesholders [Member]

Subsequent Event [Line Items]

Purchase of shares | shares

1,000

Total consideration

$ 50,000

IPO [Member]

Subsequent Event [Line Items]

Newly issued shares | shares

4,250,000

Proceeds from offering

$ 17,000,000

IPO [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Newly issued shares | shares

4,250,000

Offering price | $ / shares

$ 4

Shares issued

$ 17,000,000

Proceeds from offering

$ 14,300,000

Over-Allotment Option [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Newly issued shares | shares

637,500

Offering price | $ / shares

$ 4