| Schedule of Leases |
This lease is on a fixed payment basis. None of the leases include contingent rentals. | Description of lease | | Lease term | Office at Hung Hom, Hong Kong | | 2 years from July 16, 2023 to July 15, 2025 | | Office at Hung Hom, Hong Kong | | 2 years from July 16, 2025 to July 15, 2027 | Amounts recognized
in the unaudited condensed consolidated balance sheets: | | | March 31,
2025 | | | September 30,
2025 | | | September 30,
2025 | | | | | HK$ | | | HK$ | | | US$ | | | | | | | | (Unaudited) | | | (Unaudited) | | | Right-of-use assets | | | 134,352 | | | | 726,918 | | | | 93,424 | | | | | | | | | | | | | | | | | Operating lease liabilities – current | | | 134,352 | | | | 391,547 | | | | 50,322 | | | Operating lease liabilities – non-current | | | — | | | | 335,371 | | | | 43,102 | | | | | | 134,352 | | | | 726,918 | | | | 93,424 | | | | | | | | | | | | | | | | | Weighted average remaining lease term (in years) | | | 0.3 | | | | 1.8 | | | | | | | Weighted average discount rate (%) | | | 5.9 | | | | 3.0 | | | | | |
|
This
lease is on a fixed payment basis. None of the leases include contingent rentals. | Description of lease | | Lease term | | Office at Hung Hom, Hong Kong | | 3 years from July 16, 2020 to July 15, 2023 | | Office at Hung Hom, Hong Kong | | 2 years from July 16, 2023 to July 15, 2025 | Amounts recognized
in the consolidated balance sheets: | | | 2024 | | | 2025 | | | 2025 | | | | | HK$ | | | HK$ | | | US$ | | | Right-of-use assets | | | 522,011 | | | | 134,352 | | | | 17,269 | | | | | | | | | | | | | | | | | Operating lease liabilities – current | | | 421,002 | | | | 134,352 | | | | 17,269 | | | Operating lease liabilities – non-current | | | 101,009 | | | | — | | | | — | | | | | | 522,011 | | | | 134,352 | | | | 17,269 | | | | | | | | | | | | | | | | | Weighted average remaining lease term (in years) | | | 1.3 | | | | 0.3 | | | | | | | Weighted average discount rate (%) | | | 5.9 | | | | 5.9 | | | | | |
|
| Schedule of Remaining Contractual Maturities |
(b) The following table
sets forth the remaining contractual maturities of the Company:
| |
|
September 30,
2025 |
|
|
September 30,
2025 |
|
| |
|
HK$ |
|
|
US$ |
|
| For the year ended March 31, |
|
|
|
|
|
|
| 2026 |
|
|
204,000 |
|
|
|
26,218 |
|
| 2027 |
|
|
408,000 |
|
|
|
52,436 |
|
| 2028(remaining 4 months) |
|
|
136,000 |
|
|
|
17,479 |
|
| Total future lease payments |
|
|
748,000 |
|
|
|
96,133 |
|
| Less: imputed interest |
|
|
(21,082 |
) |
|
|
(2,709 |
) |
| Present value of lease liabilities |
|
|
726,918 |
|
|
|
93,424 |
|
|
(b) The following table
sets forth the remaining contractual maturities of the Company:
| | |
HK$ | | |
US$ | |
| For the year ended March 31, | |
| | |
| |
| 2026 (remaining 4 months) | |
| 136,000 | | |
| 17,481 | |
| Total future lease payments | |
| 136,000 | | |
| 17,481 | |
| Less: imputed interest | |
| (1,648 | ) | |
| (212 | ) |
| Present value of lease liabilities | |
| 134,352 | | |
| 17,269 | |
|