Prepaid Expenses and Deposits

12 Months Ended

Mar. 31, 2026

Prepaid Expenses and Deposits [Abstract]

4. Prepaid Expenses and Deposits

Prepaid expenses and deposits as of March 31, 2026 and 2025 consisted of the following:

	March 31, 2026		March 31, 2025
	US$		US$
Current assets:
Prepaid referral fees		4,021,019		105,748
Prepaid professional fees		20,000		20,000
Other prepaid expenses		16,500		19,020
Total prepaid expenses and deposits		4,057,519		144,768

Non-current assets:
Lease deposits		86,316		86,316
Total long-term prepaid expenses and deposits		86,316		86,316

Prepaid expenses and deposits consisted primarily of prepaid referral fees, professional fees and lease deposits. Prepaid referral fees represent amounts paid to third-party referral partners in advance of services to be rendered. Prepaid professional fees primarily consist of audit fees paid in advance for audit services. Lease deposits represent refundable deposits under office lease and utility service agreements, of which the non-current portion is expected to be recovered after more than one year.

As of March 31, 2026 and March 31, 2025, outstanding prepaid referral fees balances were approximately HK$31.2 million (US$4.0 million) and HK$0.77 million (US$0.1 million), respectively. The Company determined that these outstanding balances were not impaired as of March 31, 2026 and March 31, 2025, respectively, given such prepayments will be offset against future referral fees.