| Plant and equipment, net |
7
Plant and equipment, net
Schedule of plant and equipment
| | |
2024 | | |
2025 | | |
2025 | |
| | |
As
of December 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| | |
| | |
| | |
| |
| Furniture and fittings | |
| 22,496 | | |
| 22,496 | | |
| 17,494 | |
| Machinery | |
| 142,419 | | |
| 142,419 | | |
| 110,754 | |
| Office equipment and computers | |
| 274,456 | | |
| 286,561 | | |
| 222,849 | |
| Renovation | |
| 49,406 | | |
| 598,188 | | |
| 465,190 | |
| Total | |
| 488,777 | | |
| 1,049,664 | | |
| 816,287 | |
| Gross book value | |
| 488,777 | | |
| 1,049,664 | | |
| 816,287 | |
| Less: Accumulated depreciation | |
| (481,760 | ) | |
| (526,234 | ) | |
| (409,234 | ) |
| Net book value | |
| 7,017 | | |
| 523,430 | | |
| 407,053 | |
Based
on the carrying value of definite-lived plant and equipment as of December 31, 2025, the Company estimates its depreciation expense for
following years will be as follows:
Schedule
of depreciation expense for plant and equipment
| | |
Depreciation
expense | |
| | |
S$ | |
| For years ended December 31, | |
| | |
| 2026 | |
| 120,214 | |
| 2027 | |
| 109,756 | |
| 2028 | |
| 109,756 | |
| 2029 | |
| 109,756 | |
| Total depreciation expense | |
| 449,482 | |
Depreciation
expense of plant and equipment for the years ended December 31, 2024 and 2025 is S$56,412 and S$45,306 (US$35,233).
|