Registration statement for securities of certain foreign private issuers

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

v3.23.3
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Notes and other explanatory information [abstract]    
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

NOTE 14 — ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

As of June 30, 2023 and December 31, 2022, accrued expenses and other current liabilities consist of:

 SCHEDULE OF ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

   

As of

June 30, 2023

    

As of

December 31, 2022

  
Accrued expenses   $ 1,152,674     $ 1,539,791  
Sundry payables     1,164,801       1,007,222  
North West Parks Board     798,860       955,591  
VAT     246,318       184,977  
Other taxation payable     29,313       121,959  
Total   $ 3,391,966     $ 3,809,540  

 

The North West Parks Board accrual represents the amounts owed related to the Company’s Tau Game Lodge. The amount owed is related to turnover fees, concession fees and interest payable.

 

NOTE 16 — ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

 

As of December 31, 2022 and 2021, accrued expenses and other current liabilities consist of:

 

                 
    As of December 31,  
    2022     2021  
Accrued expenses   $ 1,539,791     $ 390,138  
Sundry payables     1,007,222       165,307  
North West Parks Board     955,591       1,177,050  
VAT     184,977       48,493  
Other taxation payable     121,959       33,314  
Derivative liability     —       250,000  
 Total   $ 3,809,540     $ 2,064,302  

 

The North West Parks Board accrual represents the amounts owed related to the Company’s Tau Game Lodge. The amount owed is related to turnover fees, concession fees and interest payable.