LEASES (Tables)

6 Months Ended

Jul. 31, 2023

Lessee, Lease, Description [Line Items]

SCHEDULE OF LEASE COSTS

The following table presents the Trust’s lease costs for the six months ended July 31, 2023:

	Six Months Ended
	July 31, 2023
Operating Lease Costs:
Operating lease cost*		29,727

* Short term lease costs were immaterial.

SCHEDULE OF CASH FLOW INFORMATION

Supplemental cash flow information is as follows:

	Six Months Ended
	July 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(2,296	)
Lease obligations:
Operating leases, net	$	2,267,644
Long-term obligations	$	2,249,072

SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES

Weighted average remaining lease terms and discount rates were as follows:

Weighted average remaining lease term (years)	July 31, 2023
Finance leases		1
Weighted average discount rate		4.85	%
Finance leases

SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING LEASE

The aggregate future lease payments for Operating Lease Liability as of July 31, 2022 are as follows:

For the Twelve Months Ended July 31,
2024	$	67,171
2025		134,355
2026		134,367
2027		134,379
2028		134,391
Thereafter		4,127,257
Total minimum lease payments	$	4,731,920
Less: amount representing interest		2,464,276
Total present value of minimum payments		2,267,644
Less: current portion	$	18,572
Long term portion of operating lease liability		2,249,072

Finance Leases [Member]

Lessee, Lease, Description [Line Items]

SCHEDULE OF LEASE COSTS

The following table presents the Company’s lease costs for the three months ended July 31, 2023:

	Six Months Ended
	July 31, 2023
Finance Lease Costs:
Amortization of right-of-use assets	$	13,874
Interest on lease obligations		402

SCHEDULE OF CASH FLOW INFORMATION

Supplemental cash flow information is as follows:

	Six Months Ended
	July 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$	(1,284	)
Lease obligations:
Finance leases, net	$	7,718
Long-term obligations	$	-

SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES

Weighted average remaining lease terms and discount rates were as follows:

Weighted average remaining lease term (years)	July 31, 2023
Operating leases		34
Weighted average discount rate		4.85	%
Operating leases

SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR FINANCE LEASE

The aggregate future lease payments for Finance Lease Liability as of July 31, 2023 are as follows:

For the Twelve Months Ended January 31,
2024		7,781
Total minimum lease payments	$	7,781
Less: amount representing interest		62
Total present value of minimum payments		7,719
Less: current portion	$	7,718
Long term portion of finance lease liability		-