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Risks Arising from Financial Instruments and Risk Management (Tables)

12 Months Ended

Dec. 31, 2023

Risks Arising from Financial Instruments and Risk Management [Abstract]

Schedule of Foreign Currency Denominated Financial Assets and Liabilities

The Company has not entered into any foreign exchange hedging contracts. The Company is exposed to currency risk from the British Pound (“GBP”), Euro (“EUR”) and Canadian dollar (“CAD”) through the following foreign currency denominated financial assets and liabilities:

As at (expressed in GBP)	December 31, 2023		December 31, 2022
Financial assets
Cash and cash held in trust	£	20,087	£	75,315
Trade and other receivables		104,753		149,223
Loan receivable		466,000		400,000
	£	590,840	£	624,538
Financial liabilities
Trade and other payables	£	998,092	£	923,725
Loans and borrowings		36,771		25,000
	£	1,034,863	£	948,725

As at (expressed in EUR)	December 31, 2023		December 31, 2022
Financial assets
Cash	€	46,202	€	42,664
Trade and other receivables		136,963		986,320
	€	183,165	€	1,028,984
Financial liabilities
Trade and other payables	€	2,171,878	€	3,201,180
Loans and borrowings		3,225,389		3,307,633
	€	5,397,267	€	6,508,813

As at (expressed in CAD)	December 31, 2023		December 31, 2022
Financial assets
Cash	$	22,949	$	140,423
Marketable securities		—		357,143
	$	22,949	$	497,566
Financial liabilities
Trade and other payables	$	3,356,916	$	3,629,380
Due to related party		2,744,510		810,206
Holdback payable		511,238		511,238
Lease liabilities		179,412		448,064
Loans and borrowings		340,469		—
	$	7,132,545	$	5,398,888