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PROPERTY AND EQUIPMENT
6 Months Ended
Dec. 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 six-month period ending December 31, 2023 the Company recorded an increase in the carrying value of the Land of $7,753, due to the currency translation difference. The carrying value of the Land of the Company was as follows:

 

 

 

 Carrying Value of Land at

 

 

 

December 31,

2023

 

 

June 30,

2023

 

US Dollars

 

$599,458

 

 

$591,705