Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Financial Instruments [Abstract]

Schedule of Financial Instruments

The following is a comparison by class of the carrying amounts and fair value of the Company’s financial instruments as at December 31, 2023 and 2022:

		December 31, 2023				December 31, 2022
	Level	Carrying amount		Fair value		Carrying amount		Fair value
Financial assets
Financial assets measured at amortised cost:
Cash and cash held in trust	1		93,875		93,875		255,803		255,803
Marketable securities	1		–		–		263,691		263,691
Trade and other receivables	2		284,513		284,513		1,235,619		1,235,619
Loan receivable	2		593,232		593,232		483,588		483,588
Financial liabilities
Financial liabilities measure at amortised cost:
Trade and other payables	2		6,014,572		6,014,572		7,139,817		7,139,817
Loans and borrowings	2		3,863,454		3,863,454		3,568,896		3,568,896
Holdback payable	2		400,000		400,000		377,465		377,465
Lease liabilities	2		135,337		135,337		330,821		330,821
Due to related parties	2		2,255,522		2,255,522		679,617		679,617