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Investment in life insurance policies, net (Tables) | 12 Months Ended
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Jun. 30, 2024
Investments, All Other Investments [Abstract] |
Schedule of Investment in Life Insurance Policies | Investment in life insurance policies, net consists of the following: Schedule of Investment in Life Insurance Policies
|  | 2023 |  |  | 2024 |  |  | 2024 |
|  | As of June 30, |
|  | 2023 |  |  | 2024 |  |  | 2024 |
|  | GBP |  |  | GBP |  |  | US$ |
Balance, beginning of the year |  |  | 519,126 |  |  |  | 512,292 |  |  |  | 647,537 |
Proceeds from termination of life insurance policy, net |  |  | - |  |  |  | (166,368 | ) |  |  | (210,289 | )
Gain on termination of life insurance policy |  |  | - |  |  |  | 10,559 |  |  |  | 13,347 |
Insurance expense |  |  | - |  |  |  | (44,536 | ) |  |  | (56,296 | )
Exchange (loss) gain |  |  | (6,834 | ) |  |  | 7,551 |  |  |  | 9,565 |
Balance, end of the year |  |  | 512,292 |  |  |  | 319,498 |  |  |  | 403,864 |
Less: allowance for expected credit losses |  |  | - |  |  |  | - |  |  |  | - |
Cash surrender value |  |  | 512,292 |  |  |  | 319,498 |  |  |  | 403,864 |

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- Definition Tabular disclosure of life settlement contracts based on the remaining life expectancy for each of the first five succeeding years from the date of the statement of financial position and thereafter, as well as in the aggregate including: (a) the number of life settlement contracts, (b) the carrying value of the life settlement contracts, and (c) the face value (death benefits) of the life insurance policies underlying the contracts. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 325 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481463/325-30-50-8 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 325 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481463/325-30-50-8 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 325 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481463/325-30-50-8 + Details
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