| PROPERTY, PLANT AND EQUIPMENT |
| 5. | PROPERTY, PLANT AND EQUIPMENT |
Property, plant and equipment comprise the following as of December 31 2025 and June 30, 2025: | | | | | | | | | | | | | | | | | | | | | Furniture | | | | | | | | | | | | Land and | | and | | Moveable | | Other | | | | | | buildings | | equipment | | equipment | | equipment | | Total | Cost | | | | | | | | | | | | | | | | Balance as of June 30, 2024 | | $ | 248,009 | | $ | 5,108 | | $ | 10,344 | | $ | 22,303 | | $ | 285,764 | Additions | | | — | | | — | | | — | | | — | | | — | Balance as of June 30, 2025 | | | 248,009 | | | 5,108 | | | 10,344 | | | 22,303 | | | 285,764 | Additions | | | — | | | — | | | — | | | — | | | — | Balance as of December 31, 2025 (Unaudited) | | | 248,009 | | | 5,108 | | | 10,344 | | | 22,303 | | | 285,764 | Accumulated Depreciation | | | | | | | | | | | | | | | | Balance as of June 30, 2024 | | | 8,243 | | | 1,770 | | | 4,817 | | | 7,430 | | | 22,260 | Charge for the year | | | 4,842 | | | 1,119 | | | 2,586 | | | 4,460 | | | 13,007 | Balance as of June 30, 2025 | | | 13,085 | | | 2,889 | | | 7,403 | | | 11,890 | | | 35,267 | Charge for the six-month period | | | 2,441 | | | 565 | | | 1,304 | | | 2,249 | | | 6,559 | Balance as of December 31, 2025 (Unaudited) | | | 15,526 | | | 3,454 | | | 8,707 | | | 14,139 | | | 41,826 | Net Book Value | | | | | | | | | | | | | | | | Balance as of June 30, 2025 | | | 234,924 | | | 2,219 | | | 2,941 | | | 10,413 | | | 250,497 | Balance as of December 31, 2025 (Unaudited) | | $ | 232,483 | | $ | 1,654 | | $ | 1,637 | | $ | 8,164 | | $ | 243,938 |
During the three and six months ended December 31, 2025, the Company recognized depreciation expenses of $3,279 and $6,559, respectively (three and six months ended December 31, 2024 - $3,279 and $6,557, respectively), in general and administrative costs (Note 9).
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5.PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment comprise the following as of June 30, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | Furniture | | | | | | | | | | | | Land and | | and | | Moveable | | Other | | | | | | buildings | | equipment | | equipment | | equipment | | Total | Cost | | | | | | | | | | | | | | | | Balance as of June 30, 2023 | | $ | 248,009 | | $ | 5,108 | | $ | 10,344 | | $ | 22,303 | | $ | 285,764 | Additions | | | — | | | — | | | — | | | — | | | — | Balance as of June 30, 2024 | | | 248,009 | | | 5,108 | | | 10,344 | | | 22,303 | | | 285,764 | Additions | | | — | | | — | | | — | | | — | | | — | Balance as of June 30, 2025 | | | 248,009 | | | 5,108 | | | 10,344 | | | 22,303 | | | 285,764 | Accumulated Depreciation | | | | | | | | | | | | | | | | Balance as of June 30, 2023 | | | 3,401 | | | 650 | | | 2,232 | | | 2,970 | | | 9,253 | Charge for the year | | | 4,842 | | | 1,120 | | | 2,585 | | | 4,460 | | | 13,007 | Balance as of June 30, 2024 | | | 8,243 | | | 1,770 | | | 4,817 | | | 7,430 | | | 22,260 | Charge for the year | | | 4,842 | | | 1,119 | | | 2,586 | | | 4,460 | | | 13,007 | Balance as of June 30, 2025 | | | 13,085 | | | 2,889 | | | 7,403 | | | 11,890 | | | 35,267 | Net Book Value | | | | | | | | | | | | | | | | Balance as of June 30, 2024 | | | 239,766 | | | 3,338 | | | 5,527 | | | 14,873 | | | 263,504 | Balance as of June 30, 2025 | | $ | 234,924 | | $ | 2,219 | | $ | 2,941 | | $ | 10,413 | | $ | 250,497 |
During the years ended June 30, 2025 and 2024, the Company recognized depreciation expenses of $13,007 and $13,007, respectively, in general and administration costs (Note 10).
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