SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
12 Months Ended |
Jun. 30, 2025 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEDULE OF SUBSIDIARIES DETAILS |
Details
of the Company and its subsidiaries are set out below:
SCHEDULE
OF SUBSIDIARIES DETAILS
| Name of Subsidiaries | |
Date
of Incorporation | |
Jurisdiction
of Formation | |
Percentage
of direct/indirect Economic Ownership | | |
Principal Activities |
| MEDI Group Limited | |
March 21, 2024 | |
Cayman Islands | |
| - | | |
Holding company |
| MEDI Trade Holding Limited (“MTHL”) | |
March 21, 2024 | |
Hong Kong | |
| 100 | % | |
Intermediate holding company |
| Medi Trade Corporation Limited (“MTL”) | |
March 22, 2024 | |
Hong Kong | |
| 100 | % | |
Dormant subsidiary |
| Grand Century Holding Company Limited (“GCHL”) | |
March 31, 2004 | |
Hong Kong | |
| 100 | % | |
Core Operation |
| Doctor’s Concept Medical and Cosmetics Company Limited (“DCMCL”) | |
June 21, 2006 | |
Hong Kong | |
| 100 | % | |
IP holding |
|
| SCHEDULE OF DEFERRED SALES COMMISSION |
The
table below shows movement of deferred sales commission:
SCHEDULE
OF DEFERRED SALES COMMISSION
| | |
2025 | | |
2024 | |
| | |
For the years ended June 30, | |
| | |
2025 | | |
2024 | |
| Beginning Balance | |
$ | 425,823 | | |
$ | 462,058 | |
| Deferred commission capitalized | |
| 546,862 | | |
| 511,247 | |
| Deferred commission amortization | |
| (450,366 | ) | |
| (549,088 | ) |
| Translation difference | |
| (2,999 | ) | |
| 1,606 | |
| Ending Balance | |
$ | 519,320 | | |
$ | 425,823 | |
| | |
| | | |
| | |
| Current | |
$ | 327,085 | | |
$ | 285,778 | |
| Non-current | |
| 192,235 | | |
| 140,045 | |
| Total | |
$ | 519,320 | | |
$ | 425,823 | |
|
| SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES |
Property
and equipment are recorded at cost less accumulated depreciation and impairment. Depreciation is computed using the straight-line method
over the following estimated useful lives.
SCHEDULE
OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES
| |
|
Useful
life |
| Furniture
and fixtures |
|
4
years or lease term |
| Beauty
equipment |
|
4
years |
| Office
equipment |
|
4
years |
| Motor
Vehicles |
|
4
years |
| Leasehold
improvement |
|
Lease
term |
| Computer
equipment |
|
4
years |
|
| SCHEDULE OF ASSET RETIREMENT OBLIGATION |
The
following table shows the movements of reinstatement costs (asset retirement obligation) for the years ended June 30:
SCHEDULE
OF ASSET RETIREMENT OBLIGATION
| | |
2025 | | |
2024 | |
| | |
As of June 30, | |
| | |
2025 | | |
2024 | |
| | |
USD | | |
USD | |
| Beginning balance | |
| 154,152 | | |
| 169,221 | |
| Additions during the year | |
| - | | |
| 12,444 | |
| Disposal during the year | |
| (39,080 | ) | |
| (28,100 | ) |
| Translation difference | |
| (517 | ) | |
| 587 | |
| Ending balance | |
| 114,555 | | |
| 154,152 | |
| | |
| | | |
| | |
| Current portion | |
| 53,072 | | |
| 100,797 | |
| Non-current portion | |
| 61,483 | | |
| 53,355 | |
| Ending balance | |
| 114,555 | | |
| 154,152 | |
|
| SCHEDULE OF DISAGGREGATION OF REVENUES |
SCHEDULE
OF DISAGGREGATION OF REVENUES
By
service type
| | |
2025 | | |
2024 | |
| | |
For the years ended June 30, | |
| | |
2025 | | |
2024 | |
| Medical aesthetic treatments | |
$ | 622,396 | | |
$ | 795,377 | |
| Normal beauty treatments | |
| 1,532,590 | | |
| 1,793,789 | |
| Expired treatments | |
| 3,057,412 | | |
| 3,516,607 | |
| Others | |
| 6,329 | | |
| 5,615 | |
| Total revenue | |
$ | 5,218,727 | | |
$ | 6,111,388 | |
By
shop redeemed revenue and expired contract liabilities
| | |
2025 | | |
2024 | |
| | |
For the years ended June 30, | |
| | |
2025 | | |
2024 | |
| Shop 1 | |
$ | 1,344,101 | | |
$ | 1,654,041 | |
| Shop 2 | |
| 606,449 | | |
| 699,251 | |
| Shop 3 (Discontinued in 2024) | |
| 220,765 | | |
| 54,203 | |
| Shop 4 (Removal of Shop 3) | |
| - | | |
| 187,286 | |
| Expired treatments | |
| 3,057,412 | | |
| 3,516,607 | |
| Total revenue | |
$ | 5,218,727 | | |
$ | 6,111,388 | |
|