v3.26.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SCHEDULE OF FINANCIAL ASSET – CONTINGENT CONSIDERATION ASSETS

Financial asset – contingent consideration assets are as follows:

SCHEDULE OF FINANCIAL ASSET – CONTINGENT CONSIDERATION ASSETS

 

   As of June 30, 
   2025   2026   2026 
   HKD   HKD   US$ 
Current portion   —    15,370,000    1,970,513 
Non-current portion   1,680,000    3,290,000    421,795 
Total   1,680,000    18,660,000    2,392,308 
SCHEDULE OF RECURRING FAIR VALUE MEASUREMENTS OF THE FAIR VALUE HIERARCHY

The reconciliation from the opening balances to the closing balances for recurring fair value measurements of the fair value hierarchy for the years ended June 30, 2025 and 2026 are as follows:

  

   Fair Value 
Financial asset – contingent consideration assets  HKD 
Balance as of July 1, 2024   — 
Addition   1,680,000 
Change of fair value recognized in other income (expense)   — 
Balance as of June 30, 2025   1,680,000 
Addition   4,030,000 
Change of fair value recognized in other income (expense)   12,950,000 
Balance as of June 30, 2026   18,660,000 
Balance as of June 30, 2026 (US$)   2,392,308 

SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIFE

  SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIFE

Fixed Asset Category  Useful lives
Office equipment and other  5 years
Motor vehicles  5 years
Leasehold improvements  Shorter of lease term or life of underlying assets
SCHEDULE OF ESTIMATED USEFUL LIFE OF INTANGIBLE ASSETS

Intangible assets consist of trademark, club membership, customer relationship and know-how, which are stated at cost less accumulated amortization less any impairment losses. Amortization is computed using the straight-line method based on the estimated useful life.

 

Intangible Asset Category   Useful lives
Trademark   Indefinite
Club membership   Indefinite
Customer relationship   5 - 20 years
Know-how   15 years