PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

10.	PROPERTY, PLANT AND EQUIPMENT


	Leasehold improvement		Office equipment		Computer equipment	Total
	HK$’000		HK$’000		HK$’000	HK$’000

COST
At April 1, 2023 and March 31, 2024	3,548		213		588	4,349
Write-off	(1,048	)	(213	)	-	(1,261	)

At March 31, 2025	2,500		-		588	3,088

ACCUMULATED DEPRECIATION
At April 1, 2023	1,951		213		588	2,752
Provided for the year	833		-		-	833

At March 31, 2024	2,784		213		588	3,585
Provided for the year	764		-		-	764
Write-off	(1,048	)	(213	)	-	(1,261	)

At March 31, 2025	2,500		-		588	3,088

CARRYING VALUES
At March 31, 2025	-		-		-	-

At March 31, 2024	764		-		-	764

Depreciation expenses for the years ended March 31, 2023, 2024 and 2025 amounted to HK$883,000, HK$833,000 and HK$764,000, respectively, which were included in administrative expenses. During the year ended March 31, 2025, certain fully depreciated assets with a gross carrying amount of HK$1,261,000 (2023 and 2024: HK$nil) were written off. Such write-off had no impact on the consolidated statements of profit or loss and other comprehensive income. No impairment losses were recognized during any of the years presented.

The above items of property, plant and equipment are depreciated on a straight-line basis, after taking into account of their estimated residual values, at the following rates per annum:

Schedule of estimated residual values
Leasehold improvement		20% - 33.33% ¹
Office equipment		20%
Computer equipment		20%

¹ Leasehold improvement is depreciated over useful life of 5 years (20% per annum) or over the lease term, whichever is shorter.