2025 Financial Report

ccMonet Operations • Jan 1, 2025 - Dec 31, 2025

Profit & Loss (Tax Exclusive)

Income
AccountAmount (SGD)
Shipping Sales839,093.34
Total Income839,093.34
Cost of Goods Sold
AccountAmount (SGD)
Discounts allowed543.05
Freight & delivery - local17,809.79
Purchases10,305.57
Total Cost of Goods Sold28,658.41
Expenses
AccountAmount (SGD)
Bank fees(4.51)
CPF contribution - employer0.00
Cleaning expenses1,426.79
Fines & penalties (non-statutory)1,073.50
Foreign exchange gain/loss - realized(766.78)
Foreign worker levy0.00
Salaries & wages - staff18,800.00
Skill development levy11.25
Staff allowances0.00
Total Expenses20,540.25

Balance Sheet (As of Dec 31, 2025)

Assets

Bank
AccountAmount (SGD)
OCBC SGD (601796097001)523,629.30
Total Bank523,629.30
Accounts Receivable
AccountAmount (SGD)
Accounts receivable204,208.85
Total Accounts Receivable204,208.85
Other Current Assets
AccountAmount (SGD)
Amount due from shareholder129,900.00
Prepayments176.01
Total Other Current Assets130,076.01

Liabilities

Accounts Payable
AccountAmount (SGD)
Accounts payable79,708.76
Total Accounts Payable79,708.76
Other Current Liabilities
AccountAmount (SGD)
Accounts payable (related parties)1,100.00
CPF payable11.25
GST payment on behalf of client3,089.44
Salaries payable18,800.00
Suspense(527,528.51)
Total Other Current Liabilities(504,527.82)

Equity

Equity
AccountAmount (SGD)
Current Year Earnings36,858.45
Share capital100,000.00
Total Equity136,858.45