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ROU Assets and Operating Lease Liabilities | 12 Months Ended
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Mar. 31, 2024
ROU Assets and Operating Lease Liabilities [Abstract] |
ROU Assets and Operating Lease Liabilities | 6. ROU Assets and Operating Lease Liabilities As of March 31, 2024 and 2023, the Group subsisted of the following non-cancellable lease contract.
Description of lease |  | Lease term
Office at China Insurance Group Building, Hong Kong |  | 2 years from March 1, 2022 to February 29, 2024
Office at China Insurance Group Building, Hong Kong |  | 3 years from March 1, 2024 to February 28, 2027
| (a) | Amounts recognized in the consolidated balance sheet:
|  | As of March 31, |
|  | 2024 |  |  | 2023 |
Right-of-use assets |  | $ | 280,903 |  |  | $ | 62,868 |
Operating lease liabilities |  |  |  |  |  |  |  |
Current |  |  | 91,990 |  |  |  | 69,584 |
Non-current |  |  | 197,932 |  |  |  | - |
|  | $ | 289,922 |  |  | $ | 69,584 |
Weighted average remaining lease terms (in years) |  |  | 2.92 |  |  |  | 0.92 |
| (b) | Information related to operating lease activities during the years ended March 31, 2024, 2023 and 2022 are as follows:
|  | For the Years Ended March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
ROU assets obtained in exchange for operating lease liabilities |  | $ | 288,928 |  |  | $ | - |  |  | $ | 137,473 |
Amortization of ROU assets |  |  | 71,094 |  |  |  | 68,678 |  |  |  | 5,764 |
Interest on operating lease liabilities |  |  | 1,722 |  |  |  | 2,446 |  |  |  | 288 |
Total operating lease expenses, included within Occupancy Costs |  | $ | 72,816 |  |  | $ | 71,124 |  |  | $ | 6,052 |
| (c) | The following table summarizes the remaining contractual maturities of lease liabilities under operating lease as of March 31, 2024:
During the year ended March 31, |  |  |
2025 |  | $ | 102,225 |
2026 |  |  | 122,670 |
2027 |  |  | 81,780 |
Total future lease payments |  |  | 306,675 |
Less: imputed interest |  |  | (16,753 | )
Present value of lease obligations |  | $ | 289,922 |
The weighted-average discount rates used to determine the operating lease liabilities as of March 31, 2024 and 2023 were 4.1% and 2.5%, respectively.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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