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PROPERTY AND EQUIPMENT
6 Months Ended
Dec. 31, 2024
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, 2024 the Company recorded a decrease in the carrying value of the Land of $(16,311), 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,

2024

 

 

June 30,

2024

 

US Dollars

 

$563,277

 

 

$579,588