PROPERTY AND EQUIPMENT

9 Months Ended

Mar. 31, 2023

PROPERTY AND EQUIPMENT

Property And Equipment

NOTE 4 - PROPERTY AND EQUIPMENT:

The Land owned by the Company’s wholly owned subsidiary constitutes the largest asset of the Company. During the period ending March 31, 2023 the Company recorded an increase in the carrying value of the Land of $24,162, due to the currency translation difference. The carrying value of the Land of the Company was as follows:

	Carrying Value of Land at
	March 31, 2023		June 30, 2022
US Dollars	$	591,018	$	566,856