Property and equipment consist of the following as of June 30:

 

   2025   2024 
         
Office equipment at cost  $25,078   $25,543 
Less: Accumulated depreciation   (25,078)   (25,543)
           
Total property, plant, and equipment  $-   $- 

Historical Timeline

Fiscal YearFiled
2025Sep 29, 2025Showing above
2024Sep 30, 2024
2023Sep 28, 2023
2022Sep 28, 2022
2021Sep 28, 2021
2020Oct 1, 2020
2019Oct 15, 2019
2018Sep 17, 2018
2017Sep 28, 2017
2016Sep 28, 2016
2015Sep 30, 2015

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.