v3.25.2
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Preparing the Consolidated Financial Statements

The following table outlines the currency exchange rates that were used in preparing the consolidated financial statements:

 

    2025  2024 
Year-end spot rate   $1 = HK$7.7800  $1 = HK$7.8250 
Average rate   $1 = HK$7.7923  $1 = HK$7.8263 
Schedule of Estimated Useful Lives of Property, Plant and Equipment

Property, plant and equipment are stated at cost, net of accumulated depreciation. Depreciation is provided for on a straight-line basis over the estimated useful lives of the related assets as follows:

 

Furniture and fixture   4-5 years
Machineries   4-10 years
Motor vehicles   5 years
Leasehold improvements   Over the lease terms
Schedule of Recognizing Revenue

The transaction price allocated to the remaining performance obligations (unsatisfied or partially unsatisfied) as at March 31, 2025 and 2024 and the expected timing of recognizing revenue are as follows:

 

   2025   2024 
Within one year  $37,935,694   $37,435,203 
More than one year but not more than two years   15,308,438    8,664,731 
More than two years   3,117,004    1,789,795 
   $56,361,136   $47,889,729 
Schedule of Interest Rate Profile of the Company Borrowings

The following table details the interest rate profile of the Company’s borrowings of March 31, 2025 and 2024:

 

   2025   2024 
Fixed rate borrowings:          
Bank and other borrowings  $514,138   $
-
 
Finance lease liabilities, current   56,795    184,280 
Finance lease liabilities, non-current   
-
    56,469 
           
Floating rate borrowings:          
Bank and other borrowings   11,530,297    10,928,069