MKH BERHAD | ANNUAL REPORT 2023 187 10. PROPERTY, PLANT AND EQUIPMENT (CONT’D) The Company Freehold land Buildings Furniture, fittings and equipment Total RM RM RM RM 2023 Cost/Valuation As at 1 October 2022/ 30 September 2023 640,000 590,000 30,094 1,260,094 Accumulated Depreciation As at 1 October 2022 - 26,818 30,091 56,909 Charge for the financial year - 13,409 - 13,409 As at 30 September 2023 - 40,227 30,091 70,318 Net Carrying Amounts As at 30 September 2023 640,000 549,773 3 1,189,776 2022 Cost/Valuation As at 1 October 2021 640,000 590,000 68,434 1,298,434 Write-offs - - (38,340) (38,340) As at 30 September 2022 640,000 590,000 30,094 1,260,094 Accumulated Depreciation As at 1 October 2021 - 13,409 68,428 81,837 Charge for the financial year - 13,409 - 13,409 Write-offs - - (38,337) (38,337) As at 30 September 2022 - 26,818 30,091 56,909 Net Carrying Amounts As at 30 September 2023 640,000 563,182 3 1,203,185 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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