Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Taxes [Abstract]

Schedule of Provision for Income Taxes

Significant components of the provision for income taxes are as follows:

	For the years ended December 31,
	2022		2023		2024			2024
	HKD		HKD		HKD			US$
Current:
Hong Kong		2,979,918		928,973		348,835			44,908
The UK		—		388,288		—			—
Deferred:
Hong Kong		—		7,876		(206,806	)		(26,623	)
The UK		—		—		943,880			121,513
Total provision for income taxes		2,979,918		1,325,137		1,085,909			139,798

Schedule of Reconciles Cayman Islands Statutory Rates

The following table reconciles Cayman Islands statutory rates to our effective tax rate:

	For the years ended December 31,
	2022			2023			2024
Income tax rate in the Cayman Islands, permanent tax holiday		0	%		0	%		0	%
Hong Kong statutory income tax rate		16.5	%		16.5	%		16.5	%
Effect of different tax rates		(0.6	)%		2.1	%		15.1	%
Expense not deductible		4.3	%		7.0	%		1.8	%
Temporary not recognized		0.3	%		0.4	%		0.6	%
Utilization of tax loss		—			—			(20.2	)%
Tax concession		(1.1	)%		(2.9	)%		(1.9	)%
Effective tax rate		19.4	%		23.1	%		11.9	%

Schedule of Deferred Tax Assets (Liabilities)

Deferred tax assets (liabilities) as of December 31, 2023 and 2024 consisted of the following:

	As of December 31,
	2023			2024			2024
	HKD			HKD			US$
Deferred tax assets:
Tax loss		4,351,234			2,456,246			316,213
Allowance for expected credit losses		233,445			440,251			56,677
Total deferred tax assets		4,584,679			2,896,497			372,890
Valuation allowance		(4,584,679	)		(2,689,691	)		(346,266	)
Deferred tax assets, net of valuation allowance		—			206,806			26,624
Deferred tax liabilities:
Depreciation		—			(920,142	)		(118,457	)
Total deferred tax liabilities		—			(920,142	)		(118,457	)