XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Jun. 30, 2024
CURRENT ASSETS    
Cash and cash equivalent $ 2,739,275 $ 123,550
Prepayment and other receivable 113,198
Contract assets 41,301 129,506
Total current assets 5,830,904 3,539,772
NON-CURRENT ASSETS    
Investment in other entity 15,741 15,741
Property and equipment at cost, net of accumulated depreciation 314,496 344,883
Right of use operating lease assets 4,320,579 3,471,172
Right of use financing lease assets 29,881 37,476
Deferred tax asset   89,581
Deferred offering costs 1,492,798
Deposit and prepayment 298,217 202,336
Total non-current assets 4,978,914 5,653,987
TOTAL ASSETS 10,809,818 9,193,759
CURRENT LIABILITIES    
Accounts payables – related parties 70,872 227,722
Accrued liabilities and other payables 869,109 1,335,804
Current portion of obligations under operating leases 1,891,877 1,186,809
Current portion of obligations under financing leases 34,214 37,619
Loans payable, current 484,725 746,962
Dividend payable 98,850 98,850
Tax payable 79,825 79,825
Due to shareholders 138,107 1,018,281
Total current liabilities 4,426,542 5,893,730
NON-CURRENT LIABILITIES    
Loans payable, non-current 105,166 136,375
Obligations under operating leases, non-current 2,646,597 2,506,402
Obligations under financing leases, non-current 13,233 17,460
Total non-current liabilities 2,764,996 2,660,237
TOTAL LIABILITIES 7,191,538 8,553,967
Commitments and Contingencies
EQUITY    
Common stocks, $0.0001 par value, 200,000,000 shares authorized, 7,500,000 and 6,000,000 issued and outstanding as of September 30, 2024 and June 30, 2024, respectively 750 600
Subscription receivable (600)
Additional paid-in capital 4,942,791 642,639
Accumulated other comprehensive income 15,965 2,972
Deficits (1,341,226) (5,819)
Total equity 3,618,280 639,792
TOTAL LIABILITIES AND EQUITY 10,809,818 9,193,759
Third parties    
CURRENT ASSETS    
Accounts receivable – third parties, net 1,786,451 2,082,152
CURRENT LIABILITIES    
Accounts payables – third parties 758,963 1,161,858
Related parties    
CURRENT ASSETS    
Accounts receivable – related party, net 505,361 763,285
Due from related parties 645,318 441,279
CURRENT LIABILITIES    
Accounts payables – related parties $ 70,872 $ 227,722