Related Party Transactions and Balances (Tables)

12 Months Ended

Mar. 31, 2024

Related Party Transactions and Balances [Abstract]

Schedule of Relationships with Related Parties

Nature of relationships with related parties

Name	Relationship with the Company
Grow World LPF	Entity controlled by Mr. Lok and Ms. Yao
Grow World II LPF	Entity controlled by Mr. Lok and Ms. Yao
Solomon Capital Fund SPC	Entity controlled by Mr. Lok and Ms. Yao
Tek Fong Group Limited	Entity controlled by Mr. Lok and Ms. Yao
Master Venus Limited	Entity controlled by Mr. Zhang, Mr. Lok and Ms. Yao
Mr. Lok	Shareholder and director of the Company
Ms. Yao	Shareholder and director of SJFZ
Mr. Shing Tak Tam (“Mr. Tam”)	Chief Executive Officer and director of the Company

Related parties transactions

		For the years ended March 31,
Name	Nature	2024		2023		2022
		$’000		$’000		$’000
Grow World LPF	Asset management income		10		40		-
Solomon Capital Fund SPC	Asset management income		815		349		333
Grow World II LPF	Asset management income		46		-		-
Total asset management income			871		389		333
Solomon Capital Asset Management Limited	Expense for referral of customers (included in general and administrative expenses)		-		-		59
Tuoyin Technology Limited	Expense for referral of customers (included in general and administrative expenses)		-		-		136
Tek Fong Group Limited	Expense for referral of customers (included in general and administrative expenses)		-		45		-
Mr. Lok	Expense for referral of customers (included in general and administrative expenses)		-		64		-
Mr. Tam	Expense for referral of customers (included in general and administrative expenses)		-		6		10
Ms. Yao	Expense for referral of customers (included in general and administrative expenses)		-		-		447
Total expense for referral of customers			-		115		652
Tuoyin Technology Limited	Consultancy income (included in other income)		-		-		100
Mr. Lok	Loan interest income		-		-		1

Balance with related parties

Name	Nature	As of March 31,
		2024			2023
		$’000			$’000
Grow World LPF	Receivable from customers		1			40
Grow World II LPF	Receivable from customers		19			-
Solomon Capital Fund SPC	Receivable from customers		200			269
Total receivable from customers			220			309
Solomon Capital Fund SPC	Amount due from related parties		26			36
Master Venus Limited	Amount due from related parties		-			51
Total amount due from related parties			26			87
Mr. Lok	Amount due from a director		-			28
Mr. Lok	Amount due to a director		(3	)		-
Ms. Yao	Amount due to a related party		(6	)		(6	)

Schedule of Remuneration to Senior Management

Remuneration to senior management for the years ended March 31, 2024, 2023 and 2022 were:

	For the years ended March 31,
	2024		2023		2022
	$’000		$’000		$’000
Salaries and other short term employee benefits		518		706		255
Payments to defined contribution pension schemes		12		11		7
Total		530		717		262