| Schedule of Accrued Expenses and Other Payables |
Accrued expenses and other
payables consisted of the following:
| | |
June 30,
2025 | | |
December 31,
2025 | |
| | |
HKD | | |
HKD | | |
US$ | |
| Accrued expenses | |
$ | 2,308,793 | | |
$ | 2,036,138 | | |
$ | 261,603 | |
| Refundable deposits received for employment services (1) | |
| 3,678,667 | | |
| 7,555,357 | | |
| 970,714 | |
| Remuneration payables for customers’ employees (2) | |
| 1,769,208 | | |
| 1,651,419 | | |
| 212,175 | |
| Other deposits received (3) | |
| 286,871 | | |
| 3,589,362 | | |
| 461,162 | |
| Deferred income | |
| 28,200 | | |
| 18,800 | | |
| 2,415 | |
| Total | |
$ | 8,071,739 | | |
$ | 14,851,076 | | |
$ | 1,908,069 | |
| (1) | It represented security deposits received from the customers to protect the Group from the loss that the Group may suffer from the termination of employment with the Group’s seconded employees. |
| (2) | It mainly comprised funds received from the customers in relation to retirement benefit contributions (including MPF and social insurance) and payroll funds of employees of the customers which are to be paid. |
| (3) | The deposits mainly represented the customers’ advance of payroll funds to ensure timely settlement of customer’s employees’ salaries and retirement benefit contributions to the relevant government authorities. |
|