Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 133

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 18
Chunk 133
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 assets and lease liabilities (cont’d)

(a)
Amount recognized in the consolidated balance sheet:

Schedule of lease cost recognized of balance sheet

                               2023                                 2024                   2024               
                               As of December 31,                                                             
                               2023                                 2024                   2024               
                               S$                                   S$                     US$                
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Right-of-use assets                                  228,450                136,970                100,256  
  Lease liabilities                                                                                           
  Current                                               93,000                 85,582                 62,642  
  Non-current                                           98,876                 13,294                  9,731  
  Total lease liabilities                              191,876                 98,876                 72,373  

(b)
A summary of lease cost recognized in the Company’s consolidated statements of income is as follows:

Schedule of lease cost recognized of consolidated statements of income

                                                  2023                                              2024                  2024              
                                                  For the years ended December 31,                                                          
                                                  2023                                              2024                  2024              
                                                  S$                                                S$                    US$               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Amortization charge of right-of-use assets                                            76,310                91,480                66,959  
  Interest of lease liabilities                                                         14,259                11,208                 8,204  

9Accruals and other current liabilities

Schedule of accruals and other current liabilities

                                     2023                              2024                   2024               
                                     As                                                                          
                                     of December 31,                                                             
                                     2023                              2024                   2024               
                                     S$                                S$                     US$                
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Other                                                   459,472                426,694                312,322  
  GST                                                     201,509                 22,125                 16,195  
  Interest                                                 43,031                 21,516                 15,749  
  Other                                                    82,655                      -                      -  
  Accruals                                                786,667                470,335                344,266  

SIMPPLE
LTD. AND ITS SUBSIDIARIES

NOTES
TO CONS