XML 22 R13.htm IDEA: XBRL DOCUMENT v3.24.3
Property and equipment, net
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and equipment, net

Note 7 – Property and equipment, net

 

Property and equipment, net consist of the following:

 

   December 31, 2023   June 30, 2024   June 30, 2024 
   SGD   SGD   USD 
At cost:                                                
Office furniture and fittings   166,901    167,049    123,265 
Office equipment   211,066    223,070    164,603 
Leasehold improvements   10,260    14,664    10,821 
Total   388,227    404,783    298,689 
Accumulated depreciation   (309,959)   (317,588)   (234,348)
Loss of disposal of property and equipment   453    -    - 
Property and equipment, net   78,721    87,195    64,341 

 

Depreciation expenses for the years ended December 31, 2023 and for the six months ended June 30, 2024 amounted to S$34,448 and S$ 7,630 (US$5,630) respectively.

 

No impairment loss had been recognized for the years ended December 31, 2023 and for the six months ended June 30, 2024, respectively.