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Property and Equipment, Net
12 Months Ended
Jun. 30, 2024
Property and Equipment, Net [Abstract]  
Property and equipment, net

Note 7 — Property and equipment, net

 

Property and equipment consisted of the following:

 

   As of June 30, 
   2023   2024 
   HKD   HKD   US$ 
Leasehold improvements  $36,000   $36,000   $4,610 
Computer equipment   289,958    289,958    37,135 
Furniture and fixtures   28,096    28,096    3,598 
Motor Vehicles   1,188,538    1,188,538    152,215 
Subtotal   1,542,592    1,542,592    197,558 
Less: accumulated depreciation   (539,554)   (865,498)   (110,843)
Total  $1,003,038   $677,094   $86,715 

 

Depreciation expense for property and equipment for the years ended June 30, 2024, 2023 and 2022 amounted to HKD 325,944 (US$41,743), HKD 326,261 and HKD 188,753, respectively.