Form 10-Q TRENDMAKER INC. LTD. For: Jan 31

TRENDMAKER,
INC. LIMITED

CONDENSED
FINANCIAL STATEMENTS

CERTAIN
TERMS USED IN THIS REPORT

When
this report uses the words “we,” “us,” “our,” and the “Company,” they refer to
Trendmaker, Inc. Limited. “SEC” refers to the Securities and Exchange Commission.

TRENDMAKER,
INC. LIMITED

As
of January 31, 2021 (Unaudited) and July 31, 2020 (Audited)

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

See
accompanying notes to condensed financial statements.

TRENDMAKER,
INC. LIMITED

For
the three and six months ended January 31, 2021 and 2020

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

See
accompanying notes to condensed financial statements.

TRENDMAKER,
INC. LIMITED

For
the six months ended January 31, 2021 and 2020

(Currency
expressed in United States Dollars (“US$”))

(Unaudited)

Six
months ended January 31, 2020

Six
months ended January 31, 2021

See
accompanying notes to condensed financial statements.

TRENDMAKER,
INC. LIMITED

For
the six months ended January 31, 2021 and 2020

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

See
accompanying notes to condensed financial statements.

TRENDMAKER,
INC. LIMITED

For
the six months ended January 31, 2021

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

Basis
of preparation

The
reporting currency of the Company is United States Dollars (“US$”) and the accompanying financial statements have
been expressed in US$.

Basis
of presentation

The
accompanying condensed unaudited financial statements have been prepared in accordance with accounting principles generally accepted
in the United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial
information. Accordingly, they do not include all the information necessary for a comprehensive presentation of financial position
and results of operations.

It
is management’s opinion however, that all material adjustments (consisting of normal recurring adjustments) have been made,
which are necessary for a fair financial statements presentation. The results for the interim period are not necessarily indicative
of the results to be expected for the year.

Nuts
and Bolts International, Inc. (the “Company”) was incorporated under the laws of the State of Nevada on August 21,
2013 to create and publish electronic non-fiction multimedia books for the hobby and do-it-yourself consumer markets (“eBooks”)
through the internet. It’s eBook publishing operations were conducted through its wholly-owned subsidiary, Nuts and Bolts
Publishing, LLC, which was organized under the laws of the State of North Carolina on August 22, 2013.

Effective
as of February 29, 2016, the Company had a change of control as a result of the sale of its previous controlling shareholder of
5,000,000 shares of its common stock, representing approximately 76.5{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} of the Company’s issued and outstanding common stock.
Following the change of control, the Company has discontinued the eBook publishing operations previously carried on through the
previous company’s subsidiary.

Also,
following the change of control, the Company is now engaged in the business of providing management and consulting services to
Trendmaker Private Limited. Effective as of April 14, 2016, the Company amended its Articles of Incorporation to change its name
to Trendmaker, Inc., Limited.

Use
of estimates

In
preparing financial statements in conformity with generally accepted accounting principles, management is required to make estimates
and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities
at the date of the financial statements and revenues and expenses during the reported period. Significant estimates include valuation
of in kind contribution of services, valuation of deferred tax assets. Actual results could differ from those estimates.

Revenue
recognition

The
Company will recognize revenue on arrangements in accordance with FASB ASC No. 605, “Revenue Recognition”. In all
cases, revenue is recognized only when the price is fixed and determinable, persuasive evidence of an arrangement exists, the
service is performed and collectability of the resulting receivable is reasonably assured.

TRENDMAKER,
INC. LIMITED

NOTES
TO CONDENSED FINANCIAL STATEMENTS

For
the six months ended January 31, 2021

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

Cash
and cash equivalents

The
Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents.
At January 31, 2021 and July 31, 2020, the Company had no cash and cash equivalents.

Income
taxes

The
Company accounts for income taxes under FASB Codification Topic 740-10-25 (“ASC 740-10-25”). Under ASC 740-10-25,
deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial
statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities
are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are
expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax
rates is recognized in income in the period that includes the enactment date.

Related
party

Parties,
which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly,
to control the other party or exercise significant influence over the other party in making financial and operating decisions.
Companies are also considered to be related if they are subject to common control or common significant influence.

TRENDMAKER,
INC. LIMITED

NOTES
TO CONDENSED FINANCIAL STATEMENTS

For
the six months ended January 31, 2021

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

Fair
value of financial instruments

The
carrying value of the Company’s financial instruments: cash and cash equivalents, and accounts payable and approximate their
fair values because of the short-term nature of these financial instruments.

The
Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures”
(“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10
establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

Recent
accounting pronouncements

The
Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption
of any such pronouncements may be expected to cause a material impact on its financial condition or the results of its operations.

TRENDMAKER,
INC. LIMITED

NOTES
TO CONDENSED FINANCIAL STATEMENTS

For
the six months ended January 31, 2021

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

2.
SHAREHOLDERS’ EQUITY

(A)
Preferred Stock

The
Company was incorporated on August 21, 2013. The Company is authorized to issue 10,000,000 shares of preferred stock with a par
value of $0.0001 per share. Preferred stock may be issued in one or more series with rights and preferences are to be determined
by the board of directors. As of January 31, 2021, no shares of preferred stock have been issued.

(B)
Common Stock

The
Company is authorized to issue 100,000,000 shares of common stock with a par value of $0.0001 per share.

As
of January 31, 2021, the Company has 13,537,000 shares of common stock outstanding.

3.
COMMITMENTS AND CONTINGENCIES

As
of January 31, 2021, the Company has no commitment or contingency involved.

4.
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

Accounts
payable and accrued liabilities at January 31, 2021 were a total US$222,732 consisting of US$7,890 from accrued expenses and US$214,842
from other creditors. Accounts payable and accrued liabilities at July 31, 2020 were a total US$222,912 consisting of US$8,070
from accrued expenses and US$214,842 from other creditor.

5.
RELATED PARTY TRANSACTIONS

As
of January 31, 2021, the Company has no related party transactions.

TRENDMAKER,
INC. LIMITED

NOTES
TO CONDENSED FINANCIAL STATEMENTS

For
the six months ended January 31, 2021

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(Unaudited)

6.
RELATED PARTY BALANCES

As
of January 31, 2021, the balance US$264,096 represented an outstanding amount due
from Related Party A. Related Party A is having common director with the Company. The amount
due is unsecured, interest-free with no fixed repayment term.

7.
GOING CONCERN

As
of January 31, 2021, the Company has an accumulated deficit of $785,156 and a stockholders’ equity of $41,364. And for the
three months ended January 31, 2021, had a net loss of $7,306. This raises substantial doubt about its ability to continue as
a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise
additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary
if the Company is unable to continue as a going concern. Management is taking various steps to provide the Company with the opportunity
to continue as a going concern.

8.
SUBSEQUENT EVENTS

The
Company has evaluated subsequent events from the balance sheet date through January 31, 2021 the date the Company issued unaudited
consolidated financial statements in accordance with ASC Topic 855, “Subsequent Events”, which establishes general
standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are
issued. During this period, there was no subsequent event that required recognition or disclosure

9.
SIGNIFICANT EVENTS 

During
the fiscal year 2020, the World Health Organization declared the Coronavirus (COVID-19) outbreak to be a pandemic, which has caused
severe global social and economic disruptions and uncertainties, including markets where the Company operates. 

The
Company considers this outbreak as non-adjusting-events. The consequences brought about by Covid-19 continue to evolve and whilst
the Company actively monitoring and managing its operations to respond to these changes, the Company does not consider it practicable
to provide any quantitative estimate on the potential impact it may have on the Company.

Going
Concern

As
of January 31, 2021, the Company has an accumulated deficit of $785,156 and a stockholders’ equity of $41,364 and for the
three months ended January 31, 2021, had a net loss of $7,306. This raises substantial doubt about its ability to continue as
a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to raise
additional capital and implement its business plan. The financial statements do not include any adjustments that might be necessary
if the Company is unable to continue as a going concern. Management is taking various steps to provide the Company with the opportunity
to continue as a going concern.

Results
of Operations

For
the three months ended January 31, 2021 and 2020

For
the three months period ended January 31, 2021 and 2020, the Company has generated no profit but loss of $7,306 and $6,542 respectively.

For
the six months ended January 31, 2021 and 2020

For
the six months period ended January 31, 2021 and 2020, the Company has generated no profit but loss of $19,840 and $17,820 respectively.

Liquidity
and Capital Resources

As
of January 31, 2021, and July 31, 2020, the Company has no cash on hand, but has a total asset entirely consisting due from related
party of $264,096 and $284,116 of which is the amount due from Phyto Science Sdn. Bhd.

As
of January 31, 2021, and July 31, 2020 the Company has a total liability of $222,732 and $222,912 entirely consist of accounts
payable and accrued expenses.

The
Company has a working capital of $41,364 and $61,204 as at January 31, 2021, and July 31, 2020 respectively.

Net
cash used in operating activities for the year ended January 31, 2021 and 2020 was $0 and $0 respectively. The cash used in operating
activities are mainly for professional fees, legal fees, and general expenses.

Critical
Accounting Policies

We
have identified the policies outlined below as critical to our business operations and an understanding of our results of operations.
The list is not intended to be a comprehensive list of all of our accounting policies. In many cases, the accounting treatment
of a particular transaction is specifically dictated by accounting principles generally accepted in the United States, with no
need for management’s judgment in their application.

The
Company accounts for income taxes under FASB ASC Topic 740 income taxes (“ASC Topic 740”). Under ASC Topic 740, deferred
tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured
using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to
be recovered or settled. Under ASC Topic 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized
in income in the period that includes the enactment date.

Recent
Accounting Pronouncements

The
Company has reviewed all recently issued, but not yet effective, accounting pronouncements and do not believe the future adoption
of such any pronouncements may be expected to cause a material impact on its financial condition or the results of its operations. 

Off
Balance Sheet Transactions

None

As
a “smaller reporting company” as defined by Item 10 of Regulation S-K, the Company is not required to provide information
required by this Item.

Disclosure
Controls and Procedures

Pursuant
to Rule 13a-15(b) under the Securities Exchange Act of 1934 (“Exchange Act”), the Company carried out an evaluation,
with the participation of the Company’s management, including the Company’s Chief Executive Officer (“CEO”)
and Chief Financial Officer (“CFO”), of the effectiveness of the Company’s disclosure controls and procedures
(as defined under Rule 13a-15(e) under the Exchange Act) as of the end of the period covered by this report. Based upon that evaluation,
the Company’s CEO and CFO concluded that the Company’s disclosure controls and procedures were not effective to ensure
that information required to be disclosed by the Company in the reports that the Company files or submits under the Exchange Act,
is recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms, and that
such information is accumulated and communicated to the Company’s management, including the Company’s CEO and CFO,
as appropriate, to allow timely decisions regarding required disclosure as a result of continuing material weaknesses in its internal
control over financial reporting.

During
the assessment of the effectiveness of internal control over financial reporting, our management identified material weaknesses
related to the lack of requisite U.S. generally accepted accounting principles (GAAP) expertise of our Chief Financial Officer
and our internal bookkeeper. This lack of expertise to prepare our financial statements in accordance with U.S. GAAP without the
assistance of the outside accounting consultant hired to ensure that our financial statements are prepared in accordance with
U.S. GAAP constitutes a material weakness in our internal control over financial reporting. In order to mitigate the material
weakness, we engaged an outside accounting consultant to assist us in the preparation of our financial statements to ensure that
these financial statements are prepared in conformity to U.S. GAAP. This outside accounting consultant has significant experience
in the preparation of financial statements in conformity with U.S. GAAP. We believe that the engagement of this consultant will
lessen the possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected
on a timely basis, and we will continue to monitor the effectiveness of this action and make any changes that our management deems
appropriate. We expect to continue to rely on this outside consulting arrangement to supplement our internal accounting staff
for the foreseeable future. Until such time as we hire the proper internal accounting staff with the requisite U.S. GAAP experience,
however, it is unlikely we will be able to remediate the material weakness in our internal control over financial reporting.

Changes
in Internal Controls over Financial Reporting

There
were no changes that occurred to our internal control over financial reporting during our most recently completed fiscal quarter
that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

None.

Smaller
reporting companies are not required to provide the information required by this item.

None.

None.

Not
applicable.

None

*
Filed herewith.

Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

EXHIBIT
31.1

CERTIFICATION

I,
Puan Sri Datin Sri Tan Chin Yee, certify that:

1.
I have reviewed this quarterly report on Form 10-Q of TRENDMAKER, INC. LIMITED (the “Company”) for the quarter ended
January 31, 2021;

2.
Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading
with respect to the period covered by this report;

3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all
material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods
presented in this report;

4.
I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the
registrant and have:

5.
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control
over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors
(or persons performing the equivalent functions):

EXHIBIT
32.1

CERTIFICATION
PURSUANT TO
18 U.S.C. SECTION 1350,

AS
ADOPTED PURSUANT TO

SECTION
906 OF THE SARBANES-OXLEY ACT OF 2002

In
connection with the Quarterly Report of TRENDMAKER, INC. LIMITED (the “Company”) on Form 10-Q for the period ended
January 31, 2021 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), The undersigned
hereby certifies, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that,
to the best of my knowledge and belief:

(1)
The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)
The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations
of the Company.

A
signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise
adopting the signature that appears in typed form within the electronic version of this written statement has been provided to
the Company and will be retained by the Company and will be retained by the Company and
furnished to the Securities and Exchange Commission or its staff upon request.