Company: KMRK
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077494
Chunk: 85

Company: K-TECH SOLUTIONS CO LTD
Filing Date: 2025-08-15
Form: 20-F
Item: Item 5
Chunk 85
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 parties                Relationship                                                2025                               2024                  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                                     US$                                US$                   
  K-Mark Industrial Limited              Related company with common directors and shareholders                           (503                    (1,220,097  
  Goldin Enterprise Limited              Related company with common directors and shareholders                           -                           12,583  
  Bright Forward Technology Limited      Related company with common directors and shareholders                           (446,519                (1,022,484  
  Remarkable Group Holdings Limited      Related company with common directors and shareholders                           -                          (82,907  
  Kwok Yiu Keung                         Director and shareholder of the Company                                          -                         (153,066  
                                                                                                                          (447,022                (2,465,971  

                                        As of March 31,                                          
                                        2025                               2024                  
 ─────────────────────────────────────────────────────────────────────────────────────────────────
                                        US$                                US$                   
  Representing:                                                                                  
  Amounts due from related parties                           -                           12,583  
  Amounts due to related parties                             (447,022                (2,478,554  
                                                             (447,022                (2,465,971  

The amounts due from/(to) related
parties are unsecured, interest-free and repayable on demand.

Prepayments, deposits and other receivable

Prepayments, deposits and other receivable consisted mainly of utility
deposits, prepayment and other receivables. Prepayments, deposits and other receivable increased from US$27,307 as of March 31, 2024 to
US$454,700 as of March 31, 2025, mainly due to incurrence in prepayments towards IPO related professional fees.

Dividend paid

There was no dividend declared
or paid during the years ended March 31, 2024 and 2025.

Contractual Obligations

The following table summarizes
our contractual obligations as of March 31, 2025:

                        Payment due by period                                                                                   
                        Less than                               1 to 3                   More than                              
  Borrowings                                       184,334                  176,122                     678,737      1,039,193  
  Lease obligation                                 175,315                  136,577                      15,391        327,283  

The following table summarizes
our contractual obligations as of