v3.26.1
Commitments and Contingencies
 6 Months Ended
Dec. 31, 2025
Commitments and Contingencies [Abstract]  
Commitments and contingencies

Note 10 — Commitments and contingencies

 

The Group has entered into lease arrangements for its office facility.

 

The components of lease expense were as follows:

 

   For the six months ended
December 31,		 
   2024   2025 
   HKD   HKD   US$ 
Operating lease cost  $557,495   $567,585   $72,923 

 

Supplemental balance sheet information related to leases was as follows:

 

   June 30,
2025		   December 31,
2025		 
   HKD   HKD   US$ 
Operating lease:               
Operating lease right-of-use assets  $1,225,109   $840,603   $108,000 
                
Current operating lease obligation   945,801    661,615    85,004 
Non-current operating lease obligation   291,151    190,765    24,510 
Total operating lease obligation  $1,236,952   $852,380   $109,514 
                
Weighted average remaining lease term (in year or period):               
Operating lease   1.0    1.2      
                
Weighted average discount rate:               
Operating lease   3.6%   3.9%     
                
Cash paid for amounts included in the measurement of lease liabilities  $1,108,944   $590,264   $75,837 

 

Non-cancellable Operating Lease

 

The Group’s commitment for minimum lease payment under its operating lease for its office facility as of December 31, 2025 was as follows:

 

Period ending December 31, 

Amount

(HKD)

  

Amount

(US$)

 
2026  $675,771   $86,823 
2027   204,023    26,213 
Total future lease payments  $879,794   $113,036 
Amount representing interest   (27,414)   (3,522)
Present value of future payments  $852,380   $109,514 

 

Total operating lease expense for the Group’s office facility for the six months ended December 31, 2025 and 2024 was HKD567,585 (US$72,923) and HKD557,495, respectively.

 

Contingencies

 

In the ordinary course of business, the Group may be subject to certain legal proceedings, claims, and disputes that arise from the business operations. Although the outcomes of these legal proceedings cannot be predicted, the Group does not believe these actions, in the aggregate, will have a material adverse impact on its financial position, results of operations or liquidity. As of December 31, 2025, the Group had no outstanding lawsuits nor claims.