v3.26.1
ACCOUNTS AND OTHER RECEIVABLE
 12 Months Ended
Mar. 31, 2026
Notes and other explanatory information [abstract]  
ACCOUNTS AND OTHER RECEIVABLE

NOTE – 7 ACCOUNTS AND OTHER RECEIVABLE

 

Accounts other receivable consisted of the following:

 SCHEDULE OF ACCOUNTS AND OTHER RECEIVABLE

       
   As of March 31, 
   2025   2026 
   HKD   HKD 
         
Accounts receivable from third parties, net   6,986,013    5,663,488 
Other receivables for investments, disposal of intangible assets and concert tickets   10,096,072    2,385,904 
Total Accounts and other receivables  $17,082,085   $8,049,392 

 

The Company generally conducts its business with creditworthy third parties. The Company determines, on a continuing basis, the probable losses and an allowance for doubtful accounts, based on several factors including payment history, historical bad debt/write-off experience and forecasted economic and market conditions. Accounts receivable are written off after exhaustive collection efforts occur and the receivable is deemed uncollectible. In addition, receivable balances are monitored on an ongoing basis and its exposure to bad debts is not significant. Provision for allowance were nil during the years ended March 31, 2025 and 2026, respectively.