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Objectives
Management
History
Chairman's Message
Financial
Information
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Audited Accounts for Financial Year Ending March 2008-2010
We absorbed GST
for all fees charged to our residents.
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1
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INCOMING RECEIPTS
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2008
(S$'000)
|
2009
(S$'000)
|
2010
(S$'000)
|
Growth 2010
vs 2009
(%)
|
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1.1
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Donations
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|
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· Tax Deductible
|
158
|
155
|
206
|
32.9
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· Non-Tax Deductible
|
30
|
26
|
31
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19.2
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1.2
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Donations in Kind
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|
|
|
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· Tax Deductible
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-
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-
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-
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-
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· Non-Tax Deductible
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142
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149
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170
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14.1
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1.3
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Grants/Sponsorships
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3,419
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3,759
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3,827
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1.8
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1.4
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Investment Income
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165
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77
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34
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-55.8
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1.5
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Investment Gains
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-
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-
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-
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-
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1.6
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Programme Fees
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1,435
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1,348
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1,239
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-8.1
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1.7
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Others
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39
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70
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106
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51.4
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Total Receipts
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5,388
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5,584
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5,613
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0.5
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2
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EXPENSES
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2008
(S$'000)
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2009
(S$'000)
|
2010
(S$'000)
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Growth 2010
vs 2009
(%)
|
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2.1
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Direct Fundraising
Expenses
|
-
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-
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-
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-
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2.2
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Charitable Activities
Expenses
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|
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· Local
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4,818
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4,867
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4,771
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-2.0
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· Overseas
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-
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-
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-
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-
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2.3
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Other Operating
& Admin Expenses
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96
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101
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74
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-26.7
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2.4
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Others
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-
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-
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-
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-
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Total Expenses
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4,914
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4,968
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4,845
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-2.5
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Excess / (Deficit)
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474
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616
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768
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24.7
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3
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BALANCE SHEET
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2008
(S$'000)
|
2009
(S$'000)
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2010
(S$'000)
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Growth 2010 vs 2009
(%)
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3.1
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ASSETS
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3.1.1
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Land and Building
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11,575
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10,917
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10,300
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-5.7
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3.1.2
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Other Tangible
Assets
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357
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332
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216
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-34.9
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3.1.3
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Investments
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-
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-
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-
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-
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3.1.4
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Inventories
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-
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-
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-
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-
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3.1.5
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Accounts Receivable
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115
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72
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136
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88.9
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3.1.6
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Cash & Deposits
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8,672
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9,249
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10,218
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10.5
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Total Assets
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20,719
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20,570
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20,870
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1.5
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3.2
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FUNDS
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3.2.1
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Unrestricted Fund
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8,633
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9,249
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10,017
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8.3
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3.2.2
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Restricted Fund
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11,377
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10,784
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10,192
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-5.5
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3.2.3
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Endowment Fund
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-
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-
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-
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-
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Total Funds
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20,010
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20,033
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20,209
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0.9
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3.3
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LIABILITIES
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3.3.1
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Long-Term
Liabilities
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-
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-
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-
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-
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3.3.2
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Current Liabilities
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709
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537
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661
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23.1
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Total Liabilities
and Funds
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20,719
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20,570
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20,870
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1.5
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4
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Other Information
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2008
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2009
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2010
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Growth 2010 vs 2009
(%)
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4.1
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Donations/Grants
& Sponsorship given to other Charities (S$'000)
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1
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-
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-
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-
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4.2
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No. of Employees
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154
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158
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156
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-1.3
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4.3
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Total Employees
Costs (S$'000)
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2,117
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2,245
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2,319
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3.3
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4.4
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Total Related Party
Transactions (S$’000)
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-
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-
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-
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-
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4.5
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Fund Raising
Efficiency
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-
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-
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-
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-
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4.6
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Ratio of reserves to
annual operating expenditure
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1.8
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1.9
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2.1
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10.5
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