| AUDITED FINANCIAL STATEMENTS |
 |
 |
|
Incoming
Receipts
|
2002
(S$'000) |
2003
(S$'000) |
*2004
(S$'000) |
#2005
(S$'000) |
&&2006
(S$'000) |
2007
(S$'000) |
Growth %
2006 vs 2007 |
| Donations |
|
|
|
|
|
|
|
|
- Tax Deductible |
123
|
100
|
2,140
|
841
|
1,104
|
767
|
(31)
|
| - Non-Tax Deductible |
-
|
425
|
346
|
580
|
230
|
281
|
22
|
| Government
Grants |
1,155
|
2,181
|
5,137
|
5,143
|
6,172
|
6,940
|
12
|
| Membership
Fees |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Investment
Income |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Investment
Gains |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Others |
1,258
|
1,892
|
1,944
|
2,092
|
2,557
|
3,892
|
52
|
| Total
Receipts |
2,536
|
4,598
|
9,567
|
8,656
|
10,063
|
11,880
|
18
|
|
Expenses
|
2002
(S$'000) |
2003
(S$'000) |
*2004
(S$'000) |
2005
(S$'000) |
&&2006
(S$'000) |
2007
(S$'000) |
Growth %
2006 vs 2007 |
| Direct
Charitable Expenses |
|
|
|
|
|
|
|
|
- Local |
344
|
6
|
-
|
5
|
2
|
2
|
-
|
| - Overseas |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Operating/Administration Expenses |
3,408
|
4,638
|
7,229
|
6,507
|
8,156
|
9,803
|
20
|
| Fundraising |
-
|
-
|
106
|
153
|
112
|
78
|
(30)
|
| Publicity |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Capital
Expenses |
49
|
11
|
9
|
10
|
36
|
14
|
(61)
|
| Depreciation |
694
|
1,321
|
1,600
|
1,320
|
1,335
|
671
|
(50)
|
| Less:
Government Capital Grant Amortised |
(198)
|
(736)
|
(730)
|
(579)
|
(579)
|
(338)
|
(42)
|
| Others
|
599
|
575
|
793
|
639
|
637
|
665
|
4
|
| Total
Expenditure |
4,896
|
5,815
|
9,007
|
8,055
|
9,699
|
10,895
|
12
|
| Excess
(Deficit) |
(2,360)
|
(1,217)
|
560
|
601
|
364
|
985
|
171
|
|
BALANCE
SHEET
|
2002
(S$'000) |
2003
(S$'000) |
*2004
(S$'000) |
2005
(S$'000) |
&&2006
(S$'000) |
2007
(S$'000) |
Growth %
2006 vs 2007 |
|
ASSETS |
|
|
|
|
|
|
|
|
Land and Building |
15,839
|
17,006
|
16,874
|
16,729
|
16,367
|
16,005
|
(2)
|
| Tangible Assets |
3,788
|
3,338
|
2,308
|
1,389
|
504
|
279
|
(45)
|
| Investments |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Inventories |
44
|
114
|
111
|
100
|
122
|
108
|
(11)
|
| Accounts
Receivable |
158
|
939
|
194
|
739
|
667
|
706
|
6
|
| Cash
& Deposits |
326
|
742
|
187
|
788
|
1,021
|
1,831
|
79
|
| Others |
292
|
756
|
166
|
277
|
100
|
207
|
107
|
| Total
Assets |
20,447
|
22,895
|
19,840
|
20,022
|
18,781
|
19,136
|
2
|
|
FUNDS |
|
|
|
|
|
|
|
| Restricted
Fund |
163
|
108
|
1
|
1
|
-
|
-
|
-
|
| General
Fund |
-
|
12,035
|
11,788
|
11,809
|
11,594
|
12,241
|
6
|
| Building
Fund |
-
|
-
|
2,155
|
2,110
|
2,064
|
2,018
|
(2)
|
| Endowment
Fund |
-
|
-
|
-
|
-
|
-
|
-
|
NA
|
| Total
Funds |
163
|
12,143
|
13,944
|
13,920
|
13,658
|
14,259
|
4
|
|
LIABILITIES |
|
|
|
|
|
|
|
| Long-Term
Liabilities |
13,203
|
10,111
|
5,395
|
5,410
|
4,390
|
3,940
|
(10)
|
| Current
Liabilities |
7,081
|
641
|
501
|
692
|
733
|
937
|
28
|
| Total
Liabilities |
20,284
|
10,752
|
5,896
|
6,102
|
5,123
|
4,877
|
(5)
|
| Total
Liabilities and Funds |
20,447
|
22,895
|
19,840
|
20,022
|
18,781
|
19,136
|
2
|
|
Other
Information
|
2002
(S$'000) |
2003
(S$'000) |
*2004
(S$'000) |
2005
(S$'000) |
&&2006
(S$'000) |
2007
(S$'000) |
Growth %
2006 vs 2007 |
| Donations/Grants
and Sponsorship given to other Charities |
-
|
NA
|
NA
|
NA
|
NA
|
NA
|
NA
|
| No.
of Employees |
108
|
163
|
184
|
205
|
224
|
255
|
14
|
| Total
Employee Costs |
2,182
|
3,630
|
5,356
|
5,208
|
6,280
|
6,972
|
11
|
*Year 2004 financial report include period from 1 January 2004 to 31 March 2005.
#Year 2005 financial report covers period from 1 April 2005 to 31 March 2006.
&& Year 2006 financial report covers period from 1 April 2006 to 31 March 2007.
#Year 2005 financial report covers period from 1 April 2005 to 31 March 2006.
&& Year 2006 financial report covers period from 1 April 2006 to 31 March 2007.
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