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Consolidated Balance Sheets
Sep. 30, 2024
HKD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2023
HKD ($)
Current assets:      
Cash and cash equivalent $ 41,795,661 $ 5,379,592 $ 3,629,347
Accounts receivable, net 1,274,500 164,043 247,655
Rental deposit and prepayment 51,730 6,658 119,548
Deferred cost of revenue 523,392 67,367 2,088,175
Deferred offering costs 18,758,367
Due from shareholders 100 13 100
Total current assets 43,688,083 5,623,169 25,526,630
Non-current assets      
Property and equipment, net 74,134 9,542 55,117
Intangible assets 4,093,451 526,875 4,605,133
Goodwill 10,176,959 1,309,894 10,176,959
Right of use asset-finance lease 89,770 11,554 166,716
Right of use asset-operating lease 1,516,818 195,232
Rental deposit 179,276 23,075
Total non-current assets 16,130,408 2,076,172 15,003,925
TOTAL ASSETS 59,818,491 7,699,341 40,530,555
Current liabilities:      
Bank loans – current 594,627 76,535 562,331
Other loans - current 856,040 110,182
Accrued expenses and other liabilities 1,024,081 131,811 11,886,957
Lease liability-operating lease 520,034 66,934
Lease liability-finance lease 122,156 15,723 116,834
Contract liabilities 1,088,880 140,152 5,168,876
Advance from customers 658,583 84,767 842,433
Deferred tax liabilities 844,274 108,668 844,274
Tax payables 159,881 20,579 233,259
Due to directors 989,656 127,380 444,379
Total current liabilities 6,858,212 882,731 20,099,343
Non-current liabilities      
Bank loans – non-current 305,485 39,320 911,272
Lease liability-operating lease-non-current 996,784 128,298
Lease liability-finance lease-non-current 20,902 2,690 143,057
Total non-current liabilities 1,323,171 170,308 1,054,329
TOTAL LIABILITIES 8,181,383 1,053,039 21,153,672
Shareholders’ equity      
Capital reserves 10,000,000 1,287,117 16,364,143
Accumulated deficit (12,475,125) (1,605,694) (6,987,360)
Total shareholders’ equity 51,637,108 6,646,302 19,376,883
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 59,818,491 7,699,341 40,530,555
Related Party      
Current assets:      
Due from a related party 42,700 5,496 683,438
Alpha Technology Group Limited      
Shareholders’ equity      
Ordinary shares value $ 54,112,233 $ 6,964,879 $ 10,000,100