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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Jun. 30, 2024
Summary of Significant Accounting Policies [Abstract] |
Schedule of Estimated Useful Lives | Estimated useful lives are as follows:
|  | Estimated Useful Life
Building |  | 20 Years
Office equipment |  | 3 to 5 Years
Motor vehicles |  | 10 Years
Leasehold improvement |  | Shorter of useful life or lease term
Schedule of Disaggregation Revenue | The following table identifies the disaggregation of the Company’s revenue for the fiscal years ended June 30, 2024, 2023, and 2022 respectively:
|  | For the fiscal years ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Revenue from operations: |  |  |  |  |  |  |  |  |
Event hosting |  | $ | 4,094,200 |  |  | $ | 4,348,303 |  |  | $ | 14,711,787 |
Event planning and execution |  |  | 3,396,661 |  |  |  | 4,132,477 |  |  |  | 8,420,328 |
Brand promotion |  |  | 39,611,817 |  |  |  | 9,650,274 |  |  |  | 8,733,764 |
Other revenue |  |  | 279,240 |  |  |  | 412,189 |  |  |  | 415,664 |
Total revenue |  | $ | 47,381,918 |  |  | $ | 18,543,243 |  |  | $ | 32,281,543 |
Schedule of Contract Liability | As of June 30, 2024 and 2023, the balance of contract liability amounted to $3,171,786 and $393,003, respectively, and the movement of contract liability was as below.
|  | Amount |
June 30, 2021 |  | $ | 1,648,847 |
Addition |  |  | 47,710 |
Recognized as revenue within the fiscal year ended June 30, 2022 |  |  | (1,648,847 | )
June 30, 2022 |  |  | 47,710 |
Addition |  |  | 393,003 |
Recognized as revenue within the fiscal year ended June 30, 2023 |  |  | (47,710 | )
June 30, 2023 |  |  | 393,003 |
Addition |  |  | 8,069,950 |
Recognized as revenue within the fiscal year ended June 30, 2024 |  |  | (5,291,167 | )
June 30, 2024 |  | $ | 3,171,786 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition The entire disclosure for intangible assets and long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent + Details
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