Related Party Transactions and Balances

12 Months Ended

Sep. 30, 2024

Related Party Transactions and Balances [Abstract]

RELATED PARTY TRANSACTIONS AND BALANCES

11. RELATED PARTY TRANSACTIONS AND BALANCES

The amount due from related parties consisted of the following:

		As of September 30,
Name	Relationship with the Company	2024		2024		2023
		HK$		US$		HK$
Leung Tsz Him	CEO of our Company	—		—		—
Wittelsbach Group Holding Limited	Shareholder		51		7		51
Hanoverian International Group Limited	Shareholder		22		3		22
Zihua Shengshi Holding Group Limited	Shareholder		19		3		19
Tsang Chun Ho	Shareholder		3		—		3
Leung Ka Fai	Shareholder		3		—		3
XU Qinxiang	Shareholder		2		—		2
ChainGate AI Limited	Common director		42,700		5,496
Fuchsia Capital Limited	Controlled by the Company’s Executive Director		—		—		683,438
			42,800		5,509		683,538

The amount due from related parties are unsecured, interest-free and repayable on demand. On March 14, 2023, the Company fully received the outstanding balance of due from Leung Tsz Him as of September 30, 2022.

The amount due to related parties consisted of the following:

		As of September 30,
Name	Relationship with the Company	2024		2024		2023
		HK$		US$		HK$
Simplus IO Limited	Controlled by the Company’s CEO		—		—		—
Leung Tsz Him	CEO of our Company		961,197		123,717		216,308
Choi Tan Yee	CFO of our Company		28,459		3,663		228071
			989,656		127,380		444,379

The amount due to related parties are unsecured, interest-free and repayable on demand.

In addition, the Company had the following transactions with related parties:

	Relationship		For the year ended September 30,
Name	with the Company	Nature	2024		2024		2023		2022
			HK$		US$		HK$		HK$
ProAlgories Limited	Controlled by the Company’s CEO’s spouse	(System development service revenue)/ Management fee		—		—		110,000		400,000
Simplus IO Limited	Controlled by the Company’s CEO	Management fee		252,000		32,435		435,000		839,000
		Rental expenses		—		—		—		151,923
Fuchsia Capital Limited	Owned by the Company’s Executive Director	NFT-related services income		—		—		1,410,000		—
Rainbow Capital (HK) Limited	Owned by the Company’s CFO	Listing expenses		—		—		2,300,000		—