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Property, Vehicles, Plant and Equipment
6 Months Ended
Jun. 30, 2023
Property, Vehicles, Plant and Equipment [Abstract]  
Property, vehicles, plant and equipment

Note 5 — Property, vehicles, plant and equipment

 

  

Office

equipment

  

Motor

vehicles

   Leasehold improvement   Total 
   EUR   EUR   EUR   EUR 
Cost:                
At December 31, 2022   16,285    
-
    7,200    23,485 
Additions   11,497    2,050    
-
    13,547 
Disposals   (8,125)   
-
    
-
    (8,125)
At June 30, 2023   19,657    2,050    7,200    28,907 
                     
Accumulated depreciation:                    
At December 31, 2022   9,240    
-
    2,880    12,120 
Depreciation for the period   1,309    
-
    720    2,029 
Depreciation on disposal   -    -    -    - 
At June 30, 2023   10,549    
-
    3,600    14,149 
                     
Net carrying amount:                    
At December 31, 2022   7,045    
-
    4,320    11,365 
At June 30, 2023   9,108    2,050    3,600    14,758 

 

Depreciation expenses for the six months ended June 30, 2023 and 2022 amounted to EUR2,029 and EUR1,988 respectively, which were included in general and administrative expenses.