FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

Schedule of categories of financial instruments


		As of March 31,
			2024				2025
			HK$’000				HK$’000

Financial assets
Amortized cost
Trade receivables - net			24,991				14,704
Deposit and other receivables			665				638
Bank balance – client accounts			60,240				54,503
Bank balances and cash			4,282				6,084

Financial assets			90,178				75,929

Financial liabilities
Amortized cost
Trade payables			61,667				55,829
Other payables			1,316				1,756
Amount due to a director			3,168				3,407
Loan from a former related company			150				150
Dividend payables			6,444				-
Lease liabilities			843				-

Financial liabilities			73,588				61,142

Schedule of non-trade receivables

Schedule of non-trade receivables
Category	Definition	Loss provision

Performing	Low risk of default and strong capacity to repay	12m ECL

Non-performing	Significant increase in credit risk	Lifetime ECL

Schedule of expected credit losses

Schedule of expected credit losses
		As of March 31,
			2024				2025
			HK$’000				HK$’000
Breakdown of impairment allowance
Trade receivables from margin clients			-				-
Trade receivables from cash clients			-				-
Trade receivables from contracts with customers			28,698				24,184

			28,698				24,184

Schedule of internal credit risk grading


			Gross carrying amount				Loss allowance				Write-offs				Net carrying amount
			HK$’000				HK$’000				HK$’000				HK$’000

At March 31, 2024
Non-performing			5,004				-				(5,004	)			-

At March 31, 2025
Non-performing			-				-				-				-

Schedule of loss allowance for trade receivables


			Performing				Non-performing				Total
			HK$’000				HK$’000				HK$’000

At April 1, 2022			-				4,144				4,144
Increase in loss allowance			-				860				860
At March 31, 2023 and April 1, 2023			-				5,004				5,004
Increase in loss allowance			-				-				-
Write-offs			-				(5,004	)			(5,004	)
At March 31, 2024 and April, 2024			-				-				-
Increase in loss allowance			-				-				-
At March 31, 2025			-				-				-

Schedule of ECL for the trade receivables from cash clients


			Gross carrying amount				Loss allowance				Write-offs				Net carrying amount
			HK$’000				HK$’000				HK$’000				HK$’000

At March 31, 2024
Non-performing			2,360				-				(2,360	)			-

At March 31, 2025
Non-performing			-				-				-				-

Schedule of loss allowance for trade receivables from cash clients


			Performing				Non-performing				Total
			HK$’000				HK$’000				HK$’000

At April 1, 2022			-				2,076				2,076
Increase in loss allowance			-				284				284
At March 31, 2023 and April 1, 2023			-				2,360				2,360
Increase in loss allowance			-				-				-
Write-offs			-				(2,360	)			(2,360	)
At March 31, 2024 and April, 2024			-				-				-
Increase in loss allowance			-				-				-
At March 31, 2025			-				-				-

Schedule of ECL trade receivables from contracts with customers


			Gross carrying amount				Loss allowance				Write-offs				Net carrying amount
			HK$’000				HK$’000				HK$’000				HK$’000

At March 31, 2024
Non-performing			53,689				(28,698	)			-				24,991

At March 31, 2025
Non-performing			43,732				(24,184	)			(4,844	)			14,704

Schedule of loss allowance for trade receivables from contracts with customers


			Performing				Non-performing				Total
			HK$’000				HK$’000				HK$’000

At April 1, 2022			-				9,157				9,157
Increase in allowance			-				18,678				18,678
At March 31, 2023 and April 1, 2023			-				27,835				27,835
Increase in loss allowance			-				863				863
At March 31, 2024 and April, 2024			-				28,698				28,698
Increase in loss allowance			-				330				330
Write-offs							(4,844	)			(4,844	)
At March 31, 2025			-				24,184				24,184

Schedule of customers revenue

Schedule of customers revenue
			2023				2023				2024				2024				2025				2025
			HK$’000				%				HK$’000				%				HK$’000				%

Customer A			*				-				13,288				40	%			32,581				61	%

Customer B			25,500				67	%			*				-				*				-

Customer C			7,096				19	%			*				-				*				-

Schedule of customers trade receivables

Schedule of customers trade receivables
			2023				2023				2024				2024				2025				2025
			HK$’000				%				HK$’000				%				HK$’000				%

Customer A			*				-				*				-				29,569				76	%

Customer B			22,500				5-0	%			18,577				35	%			*				-

Customer D			*				-				*				-				3,979				10	%

Customer E			7,230				16	%			6,237				12	%			*				-

Schedule of Group’s remaining contractual maturity for its non-derivative financial liabilities


			On demand or less than 1 year				1 to 5 years				Over 5 years				Total undiscounted cash flows				Carrying amount
			HK$’000				HK$’000				HK$’000				HK$’000				HK$’000

At March 31, 2024
Trade payables			61,667				-				-				61,667				61,667
Other payables			1,316				-				-				1,316				1,316
Amount due to a director			3,168				-				-				3,168				3,168
Loan from a former related company			150				-				-				150				150
Dividend payables			6,792				-				-				6,792				6,444
Lease liabilities			861				-				-				861				843

financial Assets			73,954				-				-				73,954				73,588


At March 31, 2025
Trade payables			55,829				-				-				55,829				55,829
Other payables			1,756				-				-				1,756				1,756
Amount due to a director			3,407				-				-				3,407				3,407
Loan from a former related company			150				-				-				150				150

financial liabilities			61,142				-				-				61,142				61,142