Note
6. Finance Lease Liabilities
The
finance leases of the group were mainly for motor vehicles.
Supplemental
balance sheet information related to finance lease was as follows:
Schedule
of Finance Leases Liabilities
| | |
As of | | |
As of | | |
As of | |
| | |
Sep 30, 2024 | | |
Sep 30, 2025 | | |
Sep 30, 2025 | |
| | |
HK$ | | |
HK$ | | |
US$ | |
| Current portion of finance lease liabilities | |
| 202,349 | | |
| 467,277 | | |
| 60,039 | |
| Non-current finance lease liabilities | |
| 504,770 | | |
| 1,245,823 | | |
| 160,072 | |
| Finance Lease, Liability | |
| 707,119 | | |
| 1,713,100 | | |
| 220,111 | |
Expenses
for finance lease for the years ended September 30, 2024 and September 30, 2025 were HK$51,127 (approximately US$6,543) and HK$81,207
(approximately US$10,417) respectively.
The
weighted average remaining lease terms and discount rates for all finance leases were as follows:
Schedule of Weighted Average Remaining Lease Terms and Discount Rates
| | |
As of | | |
As of | |
| | |
Sep 30, 2024 | | |
Sep 30, 2025 | |
| Weighted average discount rate | |
| | | |
| | |
| Hitachi
Capital (Hong Kong) Limited | |
| 4.010 | % | |
| - | |
| OCBC
Bank (Hong Kong) Limited | |
| 3.250 | % | |
| 5.75 | % |
The
following table presents maturity of finance lease liabilities as of September 30, 2025:
Schedule
of Maturity of Finance Leases Liabilities
| |
As of Sep 30 | |
| | |
HK$ | |
| Remaining finance lease term: | |
| | |
| FY2026 | |
| 549,084 | |
| FY2027 | |
| 549,084 | |
| FY2028 | |
| 368,985 | |
| FY2029 | |
| 308,952 | |
| FY2030 | |
| 115,857 | |
| Total payment | |
| 1,891,962 | |
| Less: imputed interest | |
| (178,862 | ) |
| Balance per balance sheet | |
| 1,713,100 | |
|