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20. Fund account transactions and balances (cont%u2019d)2024 2023Unrestricted FundRestricted FundSIASOperatingGeneral Fund Activities Fund Total Total$ $ $ $(i) (ii)Non-current assetsPlant and equipment 30,441 - 30,441 36,898Right-of-use assets 148,635 - 148,635 12,052Current assetsTrade and other receivables 279,377 - 279,377 198,949Other assets 211,638 - 211,638 30,652Cash and cash equivalents 3,581,480 670,000 4,251,480 3,753,521Total assets 4,251,571 670,000 4,921,571 4,032,072Non-current liabilityProvision - - - 38,000Current liabilitiesProvision 38,000 - 38,000 -Lease liabilities 154,645 - 154,645 15,291Trade and other payables 272,649 - 272,649 147,074Other liabilities 507,676 670,000 1,177,676 916,107Total liabilities 972,970 670,000 1,642,970 1,116,472Net assets 3,278,601 - 3,278,601 2,915,600(i) General Fund - this represents cumulative surpluses available for general use for the furtherance of the association%u2019s objectives.(ii) SIAS Operating Activities Fund - this fund is subject to the terms and conditions set out in the Letter of Offer by MAS. This funding shall be used only in respect of the qualifying expenses for the direct benefit of the SIAS Operating Activities, whether incurred in Singapore or outside Singapore. Qualifying expenses refer to association%u2019s manpower costs and external auditor%u2019s fee incurred for the certification of qualifying expenses.9825TH ANNUAL REPORT | 2023 - 2024