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PROPERTY AND EQUIPMENT
3 Months Ended
Sep. 30, 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 September 30, 2023 the Company recorded a decrease in the carrying value of the Land of $(19,883), due to the currency translation difference. The carrying value of the Land of the Company was as follows:

 

 

 

 Carrying Value of Land at

 

 

 

September 30,

2023

 

 

June 30,

2023

 

US Dollars

 

$571,822

 

 

$591,705