PROPERTY AND EQUIPMENT

3 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE E - PROPERTY AND EQUIPMENT

	September 30, 2022			June 30, 2022
Property and Equipment	$	36,363		$	36,363
Less: accumulated depreciation		(14,717	)		(13,419	)
Total	$	21,646		$	22,944

(i)	Property and equipment are stated at cost and depreciated principally on methods and at rates designed to amortize their costs over their useful lives.
(ii)	Depreciation expense for the three months ended September 30, 2022 and 2021 was $1,298 and $1,299, respectively.

GLOBAL TECHNOLOGIES, LTD

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

For the three months ended September 30, 2022 and 2021

(Unaudited)