| Schedule of trade and other receivables |
Schedule
of trade and other receivables
| | |
2026 | | |
2026 | | |
2025 | |
| | |
US$ | | |
S$ | | |
S$ | |
| | |
| | |
| | |
| |
| Trade receivables: | |
| | | |
| | | |
| | |
| - third parties | |
| 2,729,285 | | |
| 3,531,968 | | |
| 2,740,055 | |
| Less: Allowance for expected credit loss | |
| (669,000 | ) | |
| (865,753 | ) | |
| (588,373 | ) |
| Trade Receivables | |
| 2,060,285 | | |
| 2,666,215 | | |
| 2,151,682 | |
| Deposits | |
| 5,455,956 | | |
| 7,060,553 | | |
| 6,772,629 | |
| Fixed deposit | |
| 231,821 | | |
| 300,000 | | |
| - | |
| Prepayments | |
| 123,762 | | |
| 160,160 | | |
| 430,767 | |
| GST receivables | |
| 18,536 | | |
| 23,987 | | |
| - | |
| Accrued revenue | |
| 19,144 | | |
| 24,774 | | |
| - | |
| Other receivables: | |
| | | |
| | | |
| | |
| - third parties | |
| 81,762 | | |
| 105,811 | | |
| 134,188 | |
| Trade
and other receivables | |
| 7,991,266 | | |
| 10,341,500 | | |
| 9,489,266 | |
|
| Schedule of movement in allowance for expected credit losses |
The
movement in allowance for expected credit losses of trade receivables computed based on lifetime ECL was as follows:
Schedule
of movement in allowance for expected credit losses
| | |
2026 | | |
2026 | | |
2025 | |
| | |
US$ | | |
S$ | | |
S$ | |
| | |
| | |
| | |
| |
| Beginning of financial year | |
| 462,593 | | |
| 588,373 | | |
| 460,413 | |
| Allowance for expected credit losses | |
| 344,159 | | |
| 455,645 | | |
| 277,101 | |
| Less: Reversal of allowance for expected credit losses | |
| (137,752 | ) | |
| (178,265 | ) | |
| (149,141 | ) |
| End of financial year | |
| 669,000 | | |
| 865,753 | | |
| 588,373 | |
|