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Accrued liabilities and other payables
 6 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
Accrued liabilities and other payables

Note 13 – Accrued liabilities and other payables

 

The components of accrued expenses and other payables are as follows:

 

   December 31, 2023   June 30, 2024   June 30, 2024 
                              SGD   SGD   USD 
Accrued payroll and welfare*   491,009    187,971    138,704 
Accrued expenses**   319,486    466,177    343,991 
Other payable***   596,757    256,231    189,074 
Total accrued liabilities and other payables   1,407,252    910,379    671,769 

 

* Includes salary and fees due to directors amounting to S$427,896 as of December 31, 2023, and S$171,696 as of June 30, 2024, whereas the salaries were due and payout was postponed as agreed with the directors.

 

** Accrued expenses mainly consist of accrual of professional service fees and other costs incurred yet to bill.

 

*** Other payable mainly consists of payable for other services and utilities expenses. As of December 31, 2023, there is a short-term advances from directors with a balance of S$541,636 (US$410,548).