| SCHEDULE OF DEPOSITS PREPAYMENTS AND OTHER RECEIVABLES |
SCHEDULE OF DEPOSITS PREPAYMENTS AND OTHER RECEIVABLES
| | |
2024 | | |
2025 | |
| | |
As
of June 30, | |
| | |
2024 | | |
2025 | |
| | |
S$ | | |
S$ | |
| Prepayment (1) | |
| 3,134 | | |
| 5,793,647 | |
| Security deposit (2) | |
| 830,220 | | |
| 137,671 | |
| Staff loan | |
| 1,118 | | |
| - | |
| Other
receivables (3) | |
| 6,540 | | |
| 3,219,070 | |
| Deposits, prepayments
and other receivables | |
| 841,012 | | |
| 9,150,388 | |
| |
(1) |
As
of June 30, 2024, this amount includes prepayment paid to a related party, LRS-Premium Pte. Ltd. for the rental of Central Kitchen and
equipment of S$569,252, which was fully settled as of June 30, 2024.
As
of June 30, 2025, this amount includes prepayment paid to the third parties for forthcoming goods or services to be derived according to the contract term. |
| |
(2) |
This
amount includes security deposit paid to a related party, LRS-Premium Pte. Ltd. for the security deposit paid for the rental of Central
Kitchen and rental of equipment. (2024: S$778,000; 2025: S$0) |
| |
(3) |
As
of June 30, 2025, other receivables comprise S$ (US$) representing trust fund for the acquisition of a Hong Kong
entity, and S$641,250 (US$500,000) due from a third-party borrower under a promissory note bearing interest at 6% per annum. |
|