Accruals and Other Payables

12 Months Ended

Dec. 31, 2025

Accruals and Other Payables [Abstract]

ACCRUALS AND OTHER PAYABLES

11. ACCRUALS AND OTHER PAYABLES

Accruals and other payables consist of the following:

		As of December 31,
		2024				2025				2025
		HK$				HK$				US$
Payroll payable			2,958,302				2,634,049				338,423
Accrued expenses			630,462				1,003,369				128,913
Customer deposits			1,544,620				1,557,500				200,108
Contract liabilities			7,530,159				908,389				116,710
Other taxes payables			64,091				341,424				43,866
Others			30,670				—				—
Total			12,758,304				6,444,731				828,020

Changes in the Group’s contract liabilities as presented as follows:

		As of December 31,
		2024				2025				2025
		HK$				HK$				US$
Beginning balance			—				7,530,159				967,476
Exchange alignment			—				19,505				2,506
Addition			7,584,619				—				—
Recognized as revenue			(54,460	)			(6,641,275	)			(853,272	)
Ending balance			7,530,159				908,389				116,710

During the years ended December 31, 2023, 2024 and 2025, revenue of HK$1,120,595, nil and $6,641,275 (approximately US$853,272), respectively, was recognized that was included in the contract liabilities balance at the beginning of the year.