| SCHEDULE OF LEASE LIABILITIES |
SCHEDULE
OF RIGHT OF USE ASSETS
| | |
Office
Premises | | |
Motor
vehicles | | |
Shops | | |
Total | |
| | |
| HKD | | |
| HKD | | |
| HKD | | |
| HKD | |
| As at April 1, 2023 | |
| 391,918 | | |
| 79,445 | | |
| - | | |
| 471,363 | |
| Additions | |
| 818,605 | | |
| - | | |
| - | | |
| 818,605 | |
| Disposal | |
| - | | |
| (7,945 | ) | |
| - | | |
| (7,945 | ) |
| Early termination of operating lease | |
| (204,479 | ) | |
| - | | |
| - | | |
| (204,479 | ) |
| Depreciation charge | |
| (216,675 | ) | |
| (71,500 | ) | |
| - | | |
| (288,175 | ) |
| As at March 31, 2024 | |
| 789,369 | | |
| - | | |
| - | | |
| 789,369 | |
| Additions | |
| - | | |
| - | | |
| 138,919 | | |
| 138,919 | |
| Depreciation | |
| (350,830 | ) | |
| - | | |
| (27,783 | ) | |
| (378,613 | ) |
| Impairment | |
| - | | |
| - | | |
| (111,136 | ) | |
| (111,136 | ) |
| As at March 31, 2025 | |
| 438,539 | | |
| - | | |
| - | | |
| 438,539 | |
| Right-of-use
assets, beginning balance | |
| 438,539 | | |
| - | | |
| - | | |
| 438,539 | |
| Depreciation | |
| (350,832 | ) | |
| - | | |
| - | | |
| (350,832 | ) |
| As at March 31, 2026 | |
| 87,707 | | |
| - | | |
| - | | |
| 87,707 | |
| Right-of-use
assets, ending balance | |
| 87,707 | | |
| - | | |
| - | | |
| 87,707 | |
| |
(b) |
Lease
liabilities |
| |
|
|
| |
|
The
carrying amount of lease liabilities and the movements during the year are as follows: |
SCHEDULE
OF LEASE LIABILITIES
| | |
2024 | | |
2025 | | |
2026 | |
| | |
HKD | | |
HKD | | |
HKD | |
| Carrying amount at April 1 | |
| 398,431 | | |
| 779,854 | | |
| 656,794 | |
| Carrying amount, beginning balance | |
| 398,431 | | |
| 779,854 | | |
| 656,794 | |
| New leases | |
| 818,605 | | |
| 138,919 | | |
| - | |
| Accretion of interest recognized during the year | |
| 24,370 | | |
| 30,305 | | |
| 14,454 | |
| Early termination of operating lease during the year | |
| (207,018 | ) | |
| - | | |
| - | |
| Payments | |
| (254,534 | ) | |
| (292,284 | ) | |
| (548,690 | ) |
| | |
| | | |
| | | |
| | |
| Carrying amount at March 31 | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
| Analyzed into: | |
| | | |
| | | |
| | |
| Current portion | |
| 178,001 | | |
| 534,235 | | |
| 122,558 | |
| Non-current portion | |
| 601,853 | | |
| 122,559 | | |
| - | |
| Total | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
| Carrying amount, ending balance | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
|
| SCHEDULE OF LEASE LIABILITIES |
SCHEDULE
OF LEASE LIABILITIES
| | |
2024 | | |
2025 | | |
2026 | |
| | |
HKD | | |
HKD | | |
HKD | |
| Carrying amount at April 1 | |
| 398,431 | | |
| 779,854 | | |
| 656,794 | |
| Carrying amount, beginning balance | |
| 398,431 | | |
| 779,854 | | |
| 656,794 | |
| New leases | |
| 818,605 | | |
| 138,919 | | |
| - | |
| Accretion of interest recognized during the year | |
| 24,370 | | |
| 30,305 | | |
| 14,454 | |
| Early termination of operating lease during the year | |
| (207,018 | ) | |
| - | | |
| - | |
| Payments | |
| (254,534 | ) | |
| (292,284 | ) | |
| (548,690 | ) |
| | |
| | | |
| | | |
| | |
| Carrying amount at March 31 | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
| Analyzed into: | |
| | | |
| | | |
| | |
| Current portion | |
| 178,001 | | |
| 534,235 | | |
| 122,558 | |
| Non-current portion | |
| 601,853 | | |
| 122,559 | | |
| - | |
| Total | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
| Carrying amount, ending balance | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
|
| SCHEDULE OF MATURITY LEASE LIABILITIES |
The
following tables summarize the maturity of lease liabilities as at March 31, 2024, 2025 and 2026:
SCHEDULE
OF MATURITY LEASE LIABILITIES
| | |
2024 | | |
2025 | | |
2026 | |
| | |
HKD | | |
HKD | | |
HKD | |
| With one year | |
| 178,001 | | |
| 534,235 | | |
| 122,558 | |
| One to two years | |
| 479,294 | | |
| 122,559 | | |
| - | |
| Two to three years | |
| 122,559 | | |
| - | | |
| - | |
| Total | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
| Lease liabilities | |
| 779,854 | | |
| 656,794 | | |
| 122,558 | |
|