FINANCIAL INFORMATION

FINANCIAL INFORMATION
The financial information has been audited by certified public accountants Gabriel Ng & Co.
               
Incoming Receipts  Apr 2015 to Mar 2016
(S$) 
 Apr 2016 to Mar 2017
(S$) 
 Apr 2017 to Mar 2018
(S$) 
% Increase /   -Decrease FY18 on FY17
  Income from Donations 1,265,805 2,245,467 406,880 -82%
  Income from Grants 78,797 149,725 151,155 1%
  Income from Other Source(s) 420,563 493,617 367,384 -26%
  Amortisation of deferred capital grant 9,000 0 0 0%
  Total Receipts (A) 1,774,165 2,888,809 925,419 -68%
               
Expenses  Apr 2015 to Mar 2016
(S$) 
 Apr 2016 to Mar 2017
(S$) 
 Apr 2017 to Mar 2018
(S$) 
% Increase /   -Decrease FY18 on FY17
  Charitable Activities/Programme Expenses        
  - Local 1,396,611 1,699,530 1,607,724 -5%
  - Overseas 0 0 0 0%
  Other Expenses 0 0 0 0%
  Total Expenditure (B) 1,396,611 1,699,530 1,607,724 -5%
Surplus/(Deficit) (A)-(B) 377,554 1,189,279 (682,305) -157%
               
Balance Sheet  Apr 2015 to Mar 2016
(S$) 
 Apr 2016 to Mar 2017
(S$) 
 Apr 2017 to Mar 2018
(S$) 
% Increase /   -Decrease FY18 on FY17
ASSETS        
  Tangible Assets 474,771 496,479 474,974 -4%
  Intangible Assets 0 0 0 0%
  Inventories 0 0 0 0%
  Accounts Receivables 46,697 68,644 70,286 2%
  Cash and Deposits 154,380 1,150,154 697,139 -39%
  Other Assets 172,349 319,031 83,229 -74%
TOTAL ASSSETS 848,197 2,034,308 1,325,628 -35%
               
FUNDS          
  Total Non-Restricted Funds  384,368 1,324,099 990,271 -25%
  Total Restricted Funds 160,353 409,901 61,424 -85%
  Total Funds (C) 544,721 1,734,000 1,051,695 -39%
LIABILITIES        
  Total Current Liabilities 110,137 75,063 80,835 8%
  Total Non-Current Liabilities 193,339 225,245 193,098 -14%
  Total Liabilities 303,476 300,308 273,933 -9%
TOTAL FUNDS AND LIABILITIES 848,197 2,034,308 1,325,628 -35%
               
Other Information  Apr 2015 to Mar 2016
(S$) 
 Apr 2016 to Mar 2017
(S$) 
 Apr 2017 to Mar 2018
(S$) 
% Increase /   -Decrease FY18 on FY17
  Donations / Grants and Sponsorship given to other Charities 2,000 11,945 0 -100%
  No. of Employees 21 23 21 -9%
  Total Employee Costs 612,296 714,082 607,382 -15%
  Total Related Party Transactions 151,256 163,508 165,495 1%
  Ratio of reserves to annual operating expenditure (C)/(B) 0.39 1.02 0.65 36%