Company: CLIK
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001493152-25-019286
Chunk: 124

Company: Click Holdings Ltd.
Filing Date: 2025-10-24
Form: 20-F
Item: Item 19
Chunk 124
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ative purposes
only and is not necessarily an indication of revenue and net loss of the Company that actually would have been achieved had the acquisition
been completed on July 1, 2024, nor is it intended to be a projection of future results.

CLICK
HOLDINGS LIMITED AND SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

4. ACCOUNTS RECEIVABLE, NET

Accounts
receivable, net are as follows:

SCHEDULE
OF ACCOUNTS RECEIVABLE

                                    2024                            2025                      2025                 
                                    As                                                                             
                                    of June 30,                                                                    
                                    2024                            2025                      2025                 
                                    HKD                             HKD                       US$                  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Accounts receivable, gross                         8,496,515                18,302,472                2,346,471  
  Less: allowance for expected                        ( 54,600                  ( 54,600                  ( 7,000  
  Accounts                                           8,441,915                18,247,872                2,339,471  

Below
is an analysis of the movements in the allowance for expected credit losses:

SCHEDULE
OF MOVEMENTS IN ALLOWANCE FOR EXPECTED CREDIT LOSSES

                                                2023                      2024                            2025                   2025  
                                                Year                      Six                             Year                         
                                                ended                     months                          Ended                        
                                                                                                                                       
                                                December                  ended June 30,                  June                         
                                                31,                                                       30,                          
                                                2023                      2024                            2025                   2025  
                                                HKD                       HKD                             HKD                    US$   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Balance at beginning of the years/period                    —                               40,560                 54,600            
  Additions                                                   40,560                          14,040                 —                 
  Balance                                                     40,560                          54,600                 54,600            

The
Company expects the accounts receivable could be substantially settled within 90 days from the invoice date.

As
of the date of this audit report, the Company collected approximately HKD 15,831,000 2,030,000 86.8

5. PREPAID EXPENSES AND OTHER CURRENT ASSETS