XML 54 R38.htm IDEA: XBRL DOCUMENT v3.24.1.u1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details)
9 Months Ended 12 Months Ended
Apr. 01, 2023
Mar. 31, 2023
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
segment
$ / shares
Dec. 31, 2023
GBP (£)
segment
Dec. 31, 2023
CNY (¥)
segment
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
shares
May 31, 2022
May 20, 2022
Dec. 31, 2020
Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Restricted cash     $ 65 $ 65     $ 74,320          
Number of operating segment | segment       1 1 1            
Standard VAT (as percent)       20.00% 20.00% 20.00%            
Rate of corporation tax     19.00% 19.00%                
Maximum amount of profits for small profits rate of corporation tax | £         £ 50,000              
Statutory income tax rate 25.00% 19.00% 25.00%                  
Small profits rate of corporation tax     19.00% 19.00% 19.00% 19.00%            
Interest and penalties       $ 0     $ 0 $ 0        
Underwriter's warrants outstanding | shares             126,082 126,082        
Underwriter's warrants exercisable price | $ / shares     $ 6.25 $ 6.25                
Share price | $ / shares     $ 1.51 $ 1.51                
Foreign currency transaction gain (loss)       $ 18,762     $ 43,548 $ (14,402)        
Maximum insured bank deposit       70,424   ¥ 500,000            
Total unprotected cash in bank       0     5,225          
Financial services compensation scheme | £         £ 85,000              
Accrued interest and penalties     $ 0 $ 0     $ 0 $ 0        
PRC                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Statutory income tax rate       25.00% 25.00% 25.00% 25.00% 25.00%        
United Kingdom                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Total unprotected cash in bank       $ 367,949     $ 1,135,013          
Financial services compensation scheme       $ 108,322                
China                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Uniform tax rate       25.00% 25.00% 25.00%            
China | PRC                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Uniform tax rate       25.00% 25.00% 25.00%            
Rate of corporation tax               19.00%        
UK [Member]                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Maximum amount of profits for small profits rate of corporation tax | £         £ 50,000              
Xishe Xianglin (Tianjin) Business Operation & Management Co., Ltd.                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Noncontrolling interest, ownership percentage by noncontrolling owners             49.00% 49.00% 49.00% 49.00% 49.00% 49.00%
Geographic Concentration Risk | Revenue | PRC [Member]                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Percentage of total revenue       29.00% 29.00% 29.00% 96.00% 100.00%        
Geographic Concentration Risk | Revenue | UK [Member]                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Percentage of total revenue       71.00% 71.00% 71.00% 4.00% 0.00%        
Consulting Services | Major Customers | Revenue                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Percentage of total revenue       0.00% 0.00% 0.00% 0.00% 1.00%        
Real estate agent income | Major Customers | Revenue                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Percentage of total revenue       29.00% 29.00% 29.00% 96.00% 99.00%        
Rental management income | Major Customers | Revenue                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Percentage of total revenue       47.00% 47.00% 47.00% 4.00% 0.00%        
Hotel income | Major Customers | Revenue                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Percentage of total revenue       24.00% 24.00% 24.00% 0.00% 0.00%        
Subsidiaries and Consolidated Variable Interest Entities                        
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                        
Applicable value added tax rates       6.00% 6.00% 6.00%