b'EQUESTRIAN AUSTRALIA LIMITED ABN 19 077 455 755NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 20199. TRADE AND OTHER RECEIVABLES Trade Receivables 42,847 363,117Less: credit loss 42,847 363,117 10. INVENTORIESInventories - at cost 11,230 24,909 11. OTHER ASSETSPrepayments 14,041 102,225 12. PROPERTY, PLANT & EQUIPMENTBuilding - at fair value1,100,000 1,100,000 Less accumulated depreciation - Building(55,000) (27,500) 1,045,000 1,072,500Building partitioning - at cost 114,851 114,851 Less accumulated depreciation - Partition(108,775) (107,943)6,076 6,908Computer and office equipment - at cost 133,212 122,430(120,374)(113,310)12,838 9,120Veterinary equipment - at cost 39,033 39,033(38,402)(34,992)631 4,0411,064,545 1,092,569 (a) Details for measurement of revalued amounts In September 2017 an independent assessment of market value for existing use was obtained for all land and buildings held at 19 September 2017. This valuation was completed by licensed valuers Herron Todd White. The valuation at 19 September 2017 for all land and buildings held at the time was $1,100,000.As at 30 June 2019, the directors have reviewed comparable market sales of similar assets and have assessed the current carrying value to be equivalent to fair value as at balance date.\x03\x0368'