XML 11 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets
Jun. 30, 2025
HKD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
HKD ($)
Current assets      
Cash and cash equivalents $ 11,297,906 $ 1,439,242 $ 13,846,932
Accounts receivable, net 25,853,416 3,293,471 18,861,496
Prepayments and other current assets, net 10,682,556 1,360,852 9,639,568
Tax recoverable 93,358
Total current assets 47,833,878 6,093,565 42,441,354
Non-current assets      
Property and equipment, net 787,030 100,261 297,238
Right-of-use assets, net 24,684,122 3,144,514 6,476,145
Deferred tax assets, net 760,511 96,883 850,181
Long-term rental and utility deposits, net 5,977,230 761,440 6,982,110
Total non-current assets 32,208,893 4,103,098 14,605,674
TOTAL ASSETS 80,042,771 10,196,663 57,047,028
Current liabilities      
Bank borrowings 8,480,454 1,080,327 8,871,262
Accounts payable 8,952,274 1,140,432 8,590,750
Contract liabilities 3,660,937 466,367 8,280,290
Accruals and other payables 5,256,269 669,596 3,349,865
Operating lease liabilities 9,606,702 1,223,799 2,836,343
Provision for taxation 1,446,289 184,243
Total current liabilities 46,948,404 5,980,764 43,504,073
Non-current liabilities      
Operating lease liabilities – non-current 15,077,420 1,920,715 3,639,802
Total non-current liabilities 15,077,420 1,920,715 3,639,802
TOTAL LIABILITIES 62,025,824 7,901,479 47,143,875
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY      
Additional paid-in capital 5,031,196 645,109 5,031,196
Retained earnings 13,256,274 1,694,831 5,222,366
Accumulated other comprehensive losses (270,523) (44,756) (350,409)
TOTAL SHAREHOLDERS’ EQUITY 18,016,947 2,295,184 9,903,153
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 80,042,771 10,196,663 57,047,028
Class A Ordinary Shares      
SHAREHOLDERS’ EQUITY      
Ordinary shares, value [1]
Class B Ordinary Shares      
SHAREHOLDERS’ EQUITY      
Ordinary shares, value [1]
Related Party      
Current liabilities      
Accounts payable – related party 16,568
Amount due to related parties $ 9,545,479 $ 1,216,000 $ 11,558,995
[1] Retrospectively restated for effect of share recapitalization (Note 1)