Taxes (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2025

Dec. 31, 2024

Taxes [Abstract]

Schedule of Provision for Income Taxes

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

	For the six months ended June 30,
	2024	2025	2025
	HKD	HKD	US$
Current:
Hong Kong	—	—	—
The UK	—	—	—
Deferred
Hong Kong	—	144,701	18,433
The UK	—	740,887	94,382
Total provision for income taxes	—	885,588	112,815

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

	For the years ended December 31,
	2023	2024		2024
	HKD	HKD		US$
Current:
Hong Kong	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	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 six months ended June 30,
	2024		2025
Income tax rate in the Cayman Islands, permanent tax holiday	—	%	—	%
Hong Kong statutory income tax rate	(16.5	)%	16.5	%
Effect of different tax rates	12.0	%	40.5	%
Tax loss not recognized	9.4	%	9.9	%
Utilization of tax loss	—		(28.6	)%
Income not taxable	(4.9	)%	(8.0	)%
Effective tax rate	—	%	30.3	%

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

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

Schedule of Deferred Tax Assets (Liabilities)

Deferred tax assets (liabilities) as of December 31, 2024 and June 30, 2025 consisted of the following:

	As of December 31, 2024		As of June 30, 2025
	HKD		HKD		US$
Deferred tax assets:
Tax loss	2,456,246		1,909,571		243,261
Allowance for expected credit losses	440,251		62,104		7,911
Total deferred tax assets	2,896,497		1,971,675		251,172
Valuation allowance	(2,689,691	)	(1,909,571	)	(243,261	)
Deferred tax assets, net of valuation allowance	206,806		62,104		7,911
Deferred tax liabilities:
Depreciation	(920,142	)	(1,836,297	)	(233,926	)
Total deferred tax liabilities	(920,142	)	(1,836,297	)	(233,926	)

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	)