v3.26.1
Consolidated Statements of Cash Flows - HKD ($)
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES      
Net loss $ (13,113,273) $ (5,982,220) $ (7,921,940)
Items not affecting cash:      
Depreciation of property, plant and equipment 3,526,265 3,467,615 3,576,439
Depreciation of right-of-use assets 221,574 226,017 426,724
Modification/ Addition of ROU Assets (11,774)
Gain on early termination of lease (14,882)
Imputed interest income (4,150) (5,716)
Interest expense on borrowings 566,564 2,428,580 2,453,849
Interest expense on lease liabilities 9,780 16,621 58,174
Forgiveness of trade payables and accrued expense (132,286) (226,000)
Waive of interest payables on other loans (6,505,995)
Loss from extinguishment liability with equity 12,433,451
Forgiveness of director’s remuneration 1,200,000
Bad debts 481,293
Consulting fee paid in shares 390,000 390,000 85,968
Operating cash flows before movements in working capital (2,615,694) 2,223,756 (1,567,384)
Decrease (increase) in prepayments and deposits 190,713 (592,495) (1,733)
(Increase) decrease in trade and other receivables (3,804,420) (1,031,614) 45,724
Decrease (increase) in contract fulfilment costs 338,408 (662,929)
(Decrease) increase in trade and other payables (4,964,958) 440,994 2,882,702
(Decrease) increase in contract liabilities (4,667,773) 4,667,773
NET CASH (USED IN) GENERATE FROM OPERATING ACTIVITIES (15,523,724) 5,045,485 1,359,309
CASH USED IN INVESTING ACTIVITY      
Payment of property, plant and equipment (8,579,907) (1,272,100)
FINANCING ACTIVITIES      
Capital raised from initial public offering and exercise of overallotment options 77,466,675
Payment of share issue costs (6,054,583)
Borrowing raised 5,170,000
Payment of loans from directors (428,945) (729,302) (259,021)
Proceed for loan from directors 843,647 2,394,783
Principal repayments of borrowings (15,105,872) (564,320) (580,730)
Repayment to shareholders (500,000)
Interest paid on borrowings and overdraft (1,290,335) (1,965,903) (2,585,160)
Interest paid on lease liabilities (9,780) (16,621) (58,174)
Repayment of lease liabilities (219,420) (214,979) (389,426)
NET CASH GENERATED FROM (USED IN) FINANCING ACTIVITIES 59,027,740 (2,647,478) (1,477,728)
NET INCREASE (DECREASE) IN CASH 34,924,109 1,125,907 (118,419)
CASH AT THE BEGINNING OF THE YEAR 1,384,211 258,304 376,723
CASH AT THE END OF THE YEAR, represented by bank balances and cash $ 36,308,320 $ 1,384,211 $ 258,304