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DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES
12 Months Ended
Dec. 31, 2023
Deposits Prepayments And Other Receivables  
DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES

6. DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES

 

Deposits, prepayments and other receivables consisted of the following:

 

   2023   2022 
   As of December 31, 
   2023   2022 
Prepayments  $28,763   $43,066 
           
Total deposits, prepayments and other receivables  $28,763   $43,066 

 

As of December 31, 2023, the balance $28,763 represented outstanding prepaid expenses which included consultancy expenses, and related costs. As of December 31, 2022, the balance $43,066 represented an outstanding prepayment which included rent prepayment, and related costs.