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Related Party Balances and Transactions (Tables)

3 Months Ended

12 Months Ended

Jul. 31, 2023

Apr. 30, 2023

Related Party Balances and Transactions [Abstract]

Schedule of Related Party Transactions

Related party transactions

Name of Related Party		Nature		Relationship		Three Months ended July 31, 2023			Three Months ended July 31, 2022
The United Food, LLC		Supermarket product sales		John Xu, the Company’s chief executive officer, is one of the United Food LLC’s shareholders		$	2,663		$	1,152
GF Supermarket of MP, Inc. (the Company acquired all the assets from Hong Kong Supermarket of Monterey Park, Ltd on August 1, 2021)		Supermarket product sales		Grace Xu, spouse of John Xu, is the major shareholder with 49% ownership, sold this entity to the Company on June 30, 2022			—			54,218
HKGF Market of Arcadia, LLC		Supermarket product sales		40% investee of the Company			5,972			—
HKGF Market of Alhambra, Inc.		Supermarket product sales		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			59,883			83,958
Total						$	68,518		$	139,328

Name of Related Party		Nature		Relationship		Three Months Ended July 31, 2023			Three Months ended July 31, 2022
The United Food, LLC		Supermarket product sales		John Xu, the Company’s chief executive officer, is one of the United Food LLC’s shareholders		$	674		$	2,277
HKGF Market of Arcadia, LLC		Supermarket product sales		40% investee of the Company			20,587			—
GF Supermarket of MP, Inc. (the Company acquired all the assets from Hong Kong Supermarket of Monterey Park, Ltd on August 1, 2021)		Supermarket product sales		Grace Xu, spouse of John Xu, is the major shareholder with 49% ownership, sold this entity to the Company on June 30, 2022			—			4,257
Dai Cheong Trading Co Inc.		Import and wholesales of groceries		John Xu, controls this entity with 100% ownership through DC Holding CA, Inc.			37,973			26,606
HKGF Market of Alhambra, Inc.		Supermarket product sales		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			—			809
Total						$	59,234		$	33,949

Name of Related Party		Nature		Relationship		July 31, 2023			April 30, 2023
HKGF Supermarket of Arcadia LLC.		Supermarket product sales		40% investee of the Company		$	5,965		$	—
HKGF Market of Alhambra, Inc.		Supermarket product sales		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			241,345			283,005
United Food LLC.		Supermarket product sales		John Xu, is one of the United Food LLC’s shareholders			7,763			6,610
Total						$	255,073		$	289,615

Name of Related Party		Nature		Relationship		July 31, 2023			April 30, 2023
Hong Kong Supermarket of Monterey Park, Ltd		Due on demand, non-interest bearing		John Xu, controls this entity		$	438,725		$	438,725
Dai Cheong Trading Co Inc.		Import and wholesales of groceries		John Xu, controls this entity with 100% ownership through DC Holding CA, Inc.			31,057			26,585
Total						$	469,782		$	465,310

Name of Related Party		Nature		Relationship		July 31, 2023			April 30, 2023
Ideal Investment		Due on demand, non-interest bearing		John Xu, has majority ownership of this entity			3,995			3,995
Ideal City Capital		Due on demand, non-interest bearing		John Xu, has majority ownership of this entity			30,000			30,000
Total						$	33,995		$	33,995

Name of Related Party		Nature		Relationship		July 31, 2023			April 30, 2023
John Xu		due on demand, non-interest bearing		The Company’s Chairman and Chief Executive Officer		$	200,810		$	200,810
Grace Xu		due on demand, non-interest bearing		Spouse of John Xu			40,775			40,775
Total						$	241,585		$	241,585

Name of Related Party		Nature		Relationship		Year ended April 30, 2023			Year ended April 30, 2022
The United Food LLC		Supermarket product sales		John Xu, the Company’s chief executive officer, is one of the United Food LLC’s shareholders		$	30,052		$	2,739
GF Supermarket of MP, Inc. (acquired all the assets from Hong Kong Supermarket of Monterey Park, Ltd on August 1, 2021)		Supermarket product sales		Grace Xu, spouse of John Xu, is the major shareholder with 49% ownership, sold this entity to the Company on June 30, 2022			—			702,082
Hong Kong Supermarket of Monterey Park, Ltd		Supermarket product sales		John Xu, controls this entity			—			822,699
HKGF Market of Alhambra, Inc.		Supermarket product sales		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			654,086			387,147
Total						$	684,138		$	1,914,667

Name of Related Party		Nature		Relationship		Year ended April 30, 2023
The United Food LLC		Supermarket product sales		John Xu, the Company’s chief executive officer, is one of the United Food LLC’s shareholders		$	52,848
Dai Cheong Trading Co Inc		Import and wholesales of groceries		John Xu, controls this entity with 100% ownership through DC Holding CA, Inc.			184,969
HKGF Market of Alhambra, Inc.		Supermarket product sales		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			8,379
Total						$	246,196

Name of Related Party		Nature		Relationship		April 30, 2023			April 30, 2022
GF Supermarket of MP, Inc.*		Supermarket product sales		Grace Xu, is the major shareholder with 49% ownership, sold this entity to the Company on June 30, 2022		$	—		$	114,158
HKGF Market of Alhambra, Inc.*		Supermarket product sales		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			283,005			292,566
United Food LLC*		Supermarket product sales		John Xu, is one of the United Food LLC’s shareholders			6,610			2,739
Total						$	289,615		$	409,463

*        The accounts receivables as of April 30, 2022 have been repaid by the related parties on July 28, 2022.

Name of Related Party		Nature		Relationship		April 30, 2023			April 30, 2022
Hong Kong Supermarket of Monterey Park, Ltd		Due on demand, non-interest bearing		John Xu, controls this entity		$	438,725		$	—
Dai Cheong Trading Co Inc.		Import and wholesales of groceries		John Xu, controls this entity with 100% ownership through DC Holding CA, Inc.			26,585			—
Total						$	465,310		$	—

Name of Related Party		Nature		Relationship		April 30, 2023			April 30, 2022
Good Fortune CA3, LP*		Due on demand, non-interest bearing		John Xu, the Company’s Chairman and Chief Executive Officer, has majority ownership of this entity			—			20,000
Ideal Investment		Due on demand, non-interest bearing		John Xu, has majority ownership of this entity			3,995
Ideal City Capital		Due on demand, non-interest bearing		John Xu, has majority ownership of this entity			30,000			—
Total						$	33,995		$	20,000

*        This receivable had been repaid by the related party on July 29, 2022. During the year ended April 30, 2023, the Company incurred new short-term borrowing from related parties of $33,995.

Name of Related Party		Nature		Relationship		April 30, 2023			April 30, 2022
John Xu		due on demand, non-interest bearing		The Company’s Chairman and Chief Executive Officer		$	200,810		$	174,594
Grace Xu		due on demand, non-interest bearing		Spouse of John Xu			40,775			40,775
J&C Int’l Group LLC		due on demand, non-interest bearing		John Xu, has majority ownership of this entity			—			108,361
Ideal City Capital		due on demand, non-interest bearing		John Xu, has majority ownership of this entity			—			30,825
Total						$	241,585		$	354,555

Schedule of Investment in Equity Securities Purchased from Related Parties

Investment in equity securities purchased from related parties

Name of Investment Company		Nature of Operation		Investment percentage			Relationship		As of July 31, 2023			As of April 30, 2023
Dai Cheong Trading Co Inc.		Import and wholesales of groceries		10	%		John Xu, the Company’s Chairman and Chief Executive Officer, controls this entity with 100% ownership through DC Holding CA, Inc.		$	162,665		$	162,665
HKGF Market of Alhambra, Inc.		Supermarket product sales		10	%		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			40,775			40,775
HKGF Market of Arcadia, LLC		Supermarket product sales		40	%		40% investee of the Company			1,411,544			—
Total									$	1,614,984		$	203,440

Name of Investment Company		Nature of Operation		Investment percentage		Relationship		As of April 30, 2023			As of April 30, 2022
Dai Cheong Trading Co Inc.		Import and wholesales of groceries		10%		John Xu, the Company’s Chairman and Chief Executive Officer, controls this entity with 100% ownership through DC Holding CA, Inc.		$	162,665		$	162,665
HKGF Market of Alhambra, Inc.		Supermarket product sales		10%		Grace Xu, spouse of John Xu, controls this entity with 100% ownership			40,775			40,775
Total								$	203,440		$	203,440

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A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates.

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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