Unaudited Interim Condensed Consolidated Balance Sheets |
Sep. 30, 2024
HKD ($)
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Sep. 30, 2024
USD ($)
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Mar. 31, 2024
HKD ($)
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Mar. 31, 2024
USD ($)
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Mar. 31, 2023
HKD ($)
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| CURRENT ASSETS | ||||||||||
| Cash and cash equivalents | $ 81,047,102 | $ 10,431,712 | $ 35,885,666 | $ 4,585,500 | $ 21,362,580 | |||||
| Accounts receivable, net | 13,476,241 | 1,734,550 | 14,557,523 | 1,860,172 | 6,787,330 | |||||
| Amount due from a director | 145,166 | 18,550 | 992,026 | |||||||
| Merchandise inventories, net | 1,135,068 | 146,096 | 1,855,686 | 237,121 | ||||||
| Taxes receivables | 104,085 | 13,397 | 395,005 | 50,474 | 514,007 | |||||
| Prepayments | 5,000 | 644 | 5,000 | 639 | 95,000 | |||||
| TOTAL CURRENT ASSETS | 95,767,496 | 12,326,399 | 52,844,046 | 6,752,456 | 29,750,943 | |||||
| NON-CURRENT ASSETS | ||||||||||
| Property and equipment, net | 4,868 | |||||||||
| Right-of-use assets – operating lease | 85,477 | |||||||||
| Deferred initial public offering costs | 5,252,768 | 671,203 | 3,176,871 | |||||||
| Long-term deposits | 16,200 | 2,085 | 16,200 | 2,070 | 34,200 | |||||
| TOTAL NON-CURRENT ASSETS | 16,200 | 2,085 | 5,268,968 | 673,273 | 3,301,416 | |||||
| TOTAL ASSETS | 95,783,696 | 12,328,484 | 58,113,014 | 7,425,729 | 33,052,359 | |||||
| CURRENT LIABILITIES | ||||||||||
| Accounts payable | 1,098,929 | 141,445 | 732,340 | 93,579 | 735,528 | |||||
| Accruals | 920,901 | 118,531 | 1,018,618 | 130,160 | 616,078 | |||||
| Contract liabilities | 1,008,415 | 128,856 | 1,705,854 | |||||||
| Operating lease obligation, current portion | 87,972 | |||||||||
| TOTAL CURRENT LIABILITIES | 22,438,011 | 2,888,035 | 27,037,713 | 3,454,901 | 11,913,852 | |||||
| Operating lease obligation, net of current portion | ||||||||||
| TOTAL LIABILITIES | 22,438,011 | 2,888,035 | 27,037,713 | 3,454,901 | 11,913,852 | |||||
| COMMITMENTS AND CONTINGENCIES | ||||||||||
| SHAREHOLDERS’ EQUITY | ||||||||||
| Ordinary Shares | 862 | [1] | 110 | [1] | 783 | [1] | 100 | 783 | ||
| Additional paid-in capital | 37,717,487 | 4,854,683 | 99,217 | 12,678 | 99,217 | |||||
| Retained earnings | 35,627,336 | 4,585,656 | 30,975,301 | 3,958,050 | 21,038,507 | |||||
| TOTAL SHAREHOLDERS’ EQUITY | 73,345,685 | 9,440,449 | 31,075,301 | 3,970,828 | 21,138,507 | |||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 95,783,696 | 12,328,484 | 58,113,014 | 7,425,729 | 33,052,359 | |||||
| Related Party | ||||||||||
| CURRENT LIABILITIES | ||||||||||
| Accounts payable - related party | $ 20,418,181 | $ 2,628,059 | $ 24,278,340 | $ 3,102,306 | $ 8,768,420 | |||||
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| X | ||||||||||
- Definition Represent the amount of merchandise inventories, net. No definition available.
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| X | ||||||||||
- Definition Represent the amount of taxes receivables. No definition available.
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| X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of asset recognized for present right to economic benefit, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of deferred cost, excluding capitalized cost related to contract with customer; classified as noncurrent. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Carrying value of amounts transferred to third parties for security purposes that are expected to be returned or applied towards payment after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Present value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of liabilities classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount due from parties in nontrade transactions, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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- Details
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