v3.26.1
DEPOSITS AND PREPAYMENTS
12 Months Ended
Mar. 31, 2026
Deposits And Prepayments  
DEPOSITS AND PREPAYMENTS

NOTE – 12 DEPOSITS AND PREPAYMENTS

 

SCHEDULE OF DEPOSITS AND PREPAYMENTS

       
   As of March 31, 
   2025   2026 
   HKD   HKD 
Rental and other deposits  $1,057,673   $392,128 
Prepayments for events   10,220,783    13,873,285 
Prepayments for research and development of ERP system   -    1,427,000 
Prepaid administrative expenses   -    5,661,603 
Deposits and prepayments  $11,278,456   $21,354,016 

 

Rental and other deposits represented rental deposits for office and shops and other deposits mainly for e-ticket system.

 

Prepayment for events represented prepayments for events which had not occurred at the end of the reporting period.

 

Prepayment for research and development of ERP system represented advance payments for research and development activities on the Group’s enterprise resource planning (ERP) system. These expenditures cover contracted services such as system design, customization, and testing work to be performed by external vendors. The prepayment reflects amounts paid in advance for project milestones not yet delivered as at the reporting date.

 

Prepaid administrative expenses represented prepayments for the investor and public relations expenses and senior officers’ liability insurance covering until July 2027, as well as professional fees for counsel.