NOTES TO FINANCIAL STATEMENT
Other payables
| (Restated) | ||
| 31 December 2023 |
31 December 2022 | |
| AED | AED | |
| Payables-inside UAE | 17,669,703 | 17,877,095 |
| 17,669,703 | 17,877,095 |
Inside UAE:
| (Restated) | ||
| 31 December 2023 |
31 December 2022 | |
| AED | AED | |
| Related party payables (Note 17) | 13,487,933 | 14,047,973 |
| VAT output tax payable (net) | 272,898 | – |
| Other accrued expenses* | 3,908,872 | 3,829,122 |
| 17,669,703 | 17,877,095 |
*Accrued expense related to amounts incurred in the normal course of business such as fee payable to regulators and other professionals.
