3
Account receivables
Schedule of accounts receivables
| | |
2024 | | |
2025 | | |
2025 | |
| | |
As
of December 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| | |
| | |
| | |
| |
| Account receivables | |
| 496,012 | | |
| 953,424 | | |
| 741,445 | |
| Less: allowance for expected
credit losses | |
| - | | |
| (129,517 | ) | |
| (100,721 | ) |
| Account receivables,
net | |
| 496,012 | | |
| 823,907 | | |
| 640,724 | |
The
change in the allowance for expected credit losses in respect of accounts receivable during the year was as follows.
Schedule of allowance for expected credit losses
| | |
2024 | | |
2025 | | |
2025 | |
| | |
As
of December 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| | |
| | |
| | |
| |
| Balance at beginning of year | |
| 546,892 | | |
| - | | |
| - | |
| (Reversals)
/ Additions | |
| (546,892 | ) | |
| 129,517 | | |
| 100,721 | |
| Balance at end of year | |
| - | | |
| 129,517 | | |
| 100,721 | |
|