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Trade and other receivables (Tables)
12 Months Ended
Jun. 30, 2023
Trade and other receivables  
Schedule of trade and other receivables

As at June 30, 

    

Note

    

2022

    

2023

    

    

RMB’000

    

RMB’000

Non-current

Amounts due from related parties

32(c)

10,647

Deposits

10,000

41,834

Value-added tax (“VAT”) recoverable

18,274

22,160

28,274

74,641

Current

 

  

 

  

 

  

Trade receivables

 

375,798

 

394,727

Less: loss allowance

 

29(a)

 

(85,117)

 

(88,764)

Trade receivables, net of loss allowance

 

290,681

305,963

Amounts due from related parties

32(c)

 

5,105

5,602

Miscellaneous expenses paid on behalf of franchisees

 

246,097

265,335

VAT recoverable

 

182,906

270,298

Rental deposits

 

101,124

86,600

Receivables due from on-line payment platforms and banks (i)

 

26,806

34,726

Prepayments for inventories

 

52,476

49,631

Prepayments for licensing expenses

 

35,223

 

40,934

Prepayments for listing expenses relating to Hong Kong public offering

58,560

Prepayments for promotion and advertising expenses

9,302

17,374

Others

47,918

73,693

1,056,198

1,150,156

Notes:

(i)Receivables due from on-line payment platforms and banks mainly represented the proceeds of online sales through e-commerce platforms collected by and retained in third-party online payment platforms. Withdrawal of the balances retained in online payment platforms could be made anytime upon the Group’s instructions. The amounts also included those due from banks for offline sales made through customer credit/debit cards and other online payment platforms that require overnight processing by the collection banks.
(ii)All of trade and other receivables classified as current portion are expected to be recovered or recognized as expense within one year.
(iii)Trade debtors are due within 20 to 180 days from the date of revenue recognition for domestic and overseas customers respectively. Further details on the Group’s credit policy and credit risk arising from trade debtors are set out in Note 29(a).