| Schedule of Prepaid Expenses and Other Assets |
Prepaid expenses and other assets consisted of
the following:
| | |
| |
As of
September 30, | | |
As of
March 31, | |
| | |
| |
2024 | | |
2025 | |
| | |
| |
HK$ | | |
HK$ | |
| Prepaid marketing expenses – current | |
(A) | |
3,286,530 | | |
— | |
| Prepaid marketing expenses – non-current | |
(A) | |
| 1,917,143 | | |
| — | |
| Prepayment for purchase of intangible assets – non-current | |
(B) | |
| 2,000,000 | | |
| 2,000,000 | |
| Other prepaid expenses – current | |
(C) | |
| 828,973 | | |
| 1,683,342 | |
| Other prepaid expenses – non-current | |
| |
| — | | |
| 400,000 | |
| Deposits – current | |
(D) | |
| 823,201 | | |
| 809,100 | |
| Deposits – non-current | |
(D) | |
| 545,680 | | |
| 545,680 | |
| Others | |
| |
| 75,172 | | |
| 40,500 | |
| | |
| |
| 9,476,699 | | |
| 5,478,622 | |
| Prepaid expenses and other assets – current | |
| |
| 5,013,876 | | |
| 2,532,942 | |
| Prepaid expenses and other assets – non-current | |
| |
| 4,462,823 | | |
| 2,945,680 | |
| | |
| |
| 9,476,699 | | |
| 5,478,622 | |
| (A) | Mainly related to marketing activities
which are used to promote and market the Group’s brand name as steps to expand the business. |
| (B) | Mainly consist of fees prepaid
for system development which are used to improve internal working efficiency. The service provider was reviewing the enterprise resource
planning system being used by the Group, and will propose improvement suggestion. |
| (C) | Mainly consist of prepayments
for insurance including directors and officers liability insurance and various insurance for daily operations such as contractors’
all risk insurance, office package insurance, and group medical insurance. |
| (D) | Deposits consist of deposits paid
to utility service providers such as power and water supplies, landlords of the leased properties, and management offices of the leased
or owned properties. The deposits are refundable upon termination or expiry of corresponding services and rental. |
|