v3.25.1
Condensed Balance Sheets (Unaudited)
Dec. 31, 2024
USD ($)
Dec. 31, 2024
SGD ($)
Jun. 30, 2024
SGD ($)
Current assets:      
Cash and cash equivalents $ 1,935,325 $ 2,644,041 $ 34,237
Accounts receivable, net 284,819 389,120 428,577
Inventories 39,529 54,005 23,036
Deposits, prepayments and other receivables 3,723,967 5,087,683 841,012
Total current assets 6,020,430 8,225,112 1,398,339
Non-current assets:      
Property and equipment, net 105,822 144,574 183,950
Operating lease right-of-use assets 2,300,431 3,142,849 3,684,205
Deferred Financing Cost 1,376,650
Total non-current assets 2,406,253 3,287,423 5,244,805
TOTAL ASSETS 8,426,683 11,512,535 6,643,144
Current liabilities:      
Accounts payables, accruals, and other current liabilities 568,243 776,333 951,750
Amount due to a shareholder 1,376,650
Bank borrowings 419,529 573,161 756,182
Lease liabilities 23,197 31,692 40,835
Operating lease payable 807,500 1,103,206 1,089,515
Income tax payable
Total current liabilities 2,707,920 3,699,561 5,084,824
Non-current liabilities:      
Bank borrowings 45,097 61,612 323,417
Lease liabilities 5,103 6,972 20,716
Operating lease payable 1,546,806 2,113,246 2,668,293
Total non-current liabilities 1,597,006 2,181,830 3,012,426
TOTAL LIABILITIES 4,304,926 5,881,391 8,097,250
Commitments and contingencies  
Shareholders’ equity      
Share, par value US$0.0000005, 1,000,000,000,000 shares authorized, 20,000,000 shares issued and outstanding* 7 [1] 11 10
Additional paid-in capital 6,652,827 9,089,091 598,980
Retained earnings (2,531,077) (3,457,958) (2,053,096)
Total shareholders' equity 4,121,757 5,631,144 (1,454,106)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 8,426,683 11,512,535 6,643,144
Related Party [Member]      
Current assets:      
Amount due from related parties 36,790 50,263 71,477
Current liabilities:      
Amount due to related party $ 889,451 $ 1,215,169 $ 869,892
[1] Giving retroactive effect to the 2,000 for 1 share split effected on June 12, 2024.