Trade and Other Receivables (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Trade and Other Receivables [Abstract] |
|
| Schedule of Trade and Other Receivables |
| |
|
As of December 31, |
|
| |
|
2024 |
|
|
2025 |
|
| |
|
HK$ |
|
|
HK$ |
|
|
US$ |
|
| Trade receivables – third parties |
|
|
10,117,291 |
|
|
|
13,106,853 |
|
|
|
1,683,971 |
|
| Unbilled receivables – third party |
|
|
— |
|
|
|
773,805 |
|
|
|
99,419 |
|
| Less: Allowance for expected credit losses – trade receivables |
|
|
(2,303,255 |
) |
|
|
(3,297,953 |
) |
|
|
(423,722 |
) |
| |
|
|
7,814,036 |
|
|
|
10,582,705 |
|
|
|
1,359,668 |
|
| Other receivables |
|
|
195,323 |
|
|
|
15,885 |
|
|
|
2,041 |
|
| Prepayments |
|
|
567,636 |
|
|
|
831,730 |
|
|
|
106,860 |
|
| Deposits |
|
|
1,096,815 |
|
|
|
914,366 |
|
|
|
117,478 |
|
| Prepayment of issuance costs |
|
|
6,422,350 |
|
|
|
— |
|
|
|
— |
|
| |
|
|
16,096,160 |
|
|
|
12,344,686 |
|
|
|
1,586,047 |
|
|
| Schedule of Allowance for Expected Credit Losses — Trade Receivables |
The movement in allowance for expected
credit losses — trade receivables computed based on lifetime ECL was as follows:
| |
|
As of December 31, |
|
| |
|
2024 |
|
|
2025 |
|
| |
|
HK$ |
|
|
HK$ |
|
|
US$ |
|
| At beginning of financial year |
|
|
(1,814,615 |
) |
|
|
(2,303,255 |
) |
|
|
(295,923 |
) |
| Allowance made for: |
|
|
|
|
|
|
|
|
|
|
|
|
| – Credit impaired receivables |
|
|
(307,118 |
) |
|
|
(1,313,177 |
) |
|
|
(168,717 |
) |
| – Non-credit impaired receivables |
|
|
(181,522 |
) |
|
|
(317,909 |
) |
|
|
(40,845 |
) |
| Write-off |
|
|
— |
|
|
|
636,388 |
|
|
|
81,763 |
|
| At end of financial year |
|
|
(2,303,255 |
) |
|
|
(3,297,953 |
) |
|
|
(423,722 |
) |
|
| Schedule of Currency Profiles of the Group’s Trade and Other Receivables |
The currency profiles of the Company’s
trade and other receivables as at the end of each reporting year are as follows:
| | |
As of December 31, | |
| | |
2024 | | |
2025 | |
| | |
HK$ | | |
HK$ | | |
US$ | |
| Hong Kong Dollar | |
| 9,064,704 | | |
| 11,199,095 | | |
| 1,438,862 | |
| United States Dollar | |
| 41,470 | | |
| 313,861 | | |
| 40,325 | |
| | |
| 9,106,174 | | |
| 11,512,956 | | |
| 1,479,187 | |
|