v3.26.1
LEASE LIABILITIES
 12 Months Ended
Mar. 31, 2026
Notes and other explanatory information [abstract]  
LEASE LIABILITIES

 

20. LEASE LIABILITIES

 

The following table presents lease obligations for the Group for the years ended March 31, 2026 and 2025.

 

   Leased properties 
   HK$ 
     
Balance as at April 1, 2024   384,560 
      
Imputed interest   16,621 
Lease payments   (231,600)
Balance as at March 31, 2025   169,581 
Addition   612,961 
Imputed interest   9,780 
Lease payments   (229,200)
Balance March 31, 2026   563,122 
      
Less: Current portion   (194,501)
Non-current lease liabilities   368,621

 

The weighted average incremental borrowing rates applied to lease liabilities at 5.95% (2025: 5.95%).

 

The following table discloses the undiscounted cash flow for lease liabilities as at March 31, 2026:

 

   Leased properties 
   HK$ 
Less than one year   222,000 
Within a period of more than one year but not more than two years   222,000 
Within a period of two years but not more than three years   166,500 
Total   

610,500

 

 

 

GREEN CIRCLE DECARBONIZE TECHNOLOGY LIMITED

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED MARCH 31, 2026, 2025 AND 2024

(Expressed in Hong Kong Dollars)