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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases |
Schedule of Finance Lease | The following table shows financing lease liabilities from the financial institutions, and the associated financial statement line items as follows at December 31: Schedule of Finance Lease
|  | 2022 |  |  | 2023 |  |  | 2023 |
|  | SGD |  |  | SGD |  |  | USD |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Financing lease liabilities current |  |  | 16,680 |  |  |  | 16,680 |  |  |  | 12,343 |
Financing lease liabilities non-current |  |  | 27,800 |  |  |  | 11,120 |  |  |  | 8,229 |
Schedule of Finance Lease Asset | As of December 31, 2022 and 2023, leased assets which are included in the “Property, plant and equipment” of the consolidated balance sheet of following at December 31: Schedule of Finance Lease Asset
|  | 2022 |  |  | 2023 |  |  | 2023 |
|  | SGD |  |  | SGD |  |  | USD |
Motor vehicles at cost |  |  | 132,508 |  |  |  | 128,000 |  |  |  | 94,720 |
Less: Accumulated depreciation |  |  | (64,421 | ) |  |  | (87,467 | ) |  |  | (64,725 | )
Motor vehicles, net |  |  | 68,087 |  |  |  | 40,533 |  |  |  | 29,995 |
Schedule of Financing Lease Expenses | Information relating to financing lease activities during the years ended December 31, 2022 and 2023 are as follows: Schedule of Financing Lease Expenses
|  | 2022 |  |  | 2023 |  |  | 2023 |
|  | SGD |  |  | SGD |  |  | USD |
Financing lease expenses |  |  |  |  |  |  |  |  |  |  |  |
Depreciation |  |  | 26,502 |  |  |  | 25,600 |  |  |  | 18,944 |
Interest of lease liabilities |  |  | 1,942 |  |  |  | 1,920 |  |  |  | 1,421 |
Total financing lease expenses |  |  | 28,444 |  |  |  | 27,520 |  |  |  | 20,365 |
Schedule of Maturities of Lease Liabilities | Maturities of lease liabilities were as follows: Schedule of Maturities of Lease Liabilities
|  | SGD |  |  | USD |
For the year ending December 31, |  |  |  |  |  |  |  |
2024 |  |  | 18,600 |  |  |  | 13,764 |
2025 |  |  | 12,308 |  |  |  | 9,108 |
Total lease payments |  |  | 30,908 |  |  |  | 22,872 |
Less: imputed interest |  |  | (3,108 | ) |  |  | (2,300 | )
Total |  |  | 27,800 |  |  |  | 20,572 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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