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Other Payables and Accruals
 12 Months Ended
Dec. 31, 2024
Other Payables and Accruals [Abstract]  
OTHER PAYABLES AND ACCRUALS

Note 11 — OTHER PAYABLES AND ACCRUALS

 

The components of other payables and accruals are as follows:

 

   As of December 31, 
   2023   2024   2024 
   S$   S$   $ 
Accrued expenses   131,435    208,454    152,579 
Other payables   553,161    503,997    368,905 
GST payable   91,828    93,399    68,364 
Other payables and accruals   776,424    805,850    589,848 

 

Accrued expenses mainly consisted of staff expenses and professional service fees and costs incurred for operating activities which are yet to bill. Other payables included the provision for legal claims amounting to S$385,000 and S$275,000 ($201,288) as of December 31, 2023 and 2024, respectively. For more information see “Note 17 — Commitments and Contingencies”.

 

“GST” means the Goods and Services Tax chargeable pursuant to the Goods and Services Tax Act 1993 of Singapore.