Financial Statement

Apr 2019 to Mar 2020 Apr 2018 to Mar 2019 Growth % 2019 vs 2020
Incoming Receipts S$’000 S$’000
Donations
– Tax Deductible 10,863.39 12,041.97 -10%
– Non Tax Deductible 278.61 507.77 -45%
Grants/Sponsorships 110.99 262.44 -58%
Investment Income 338.79 530.59 -36%
Others
– Sales of Merchandise 99.07 129.37 -23%
– Other Income 952.88 1,216.71 -22%
Total Incoming Receipts 12,643.74 14,688.85 -14%

 

  Apr 2019 to Mar 2020 Apr 2018 to Mar 2019 Growth % 2019 vs 2020
Expenses
Direct Charitable 5,246.90 4,395.76 19%
Operating/Administrative 1,638.46 1,459.21 12%
Fundraising 2,228.07 2,813.06 -21%
Publicity 285.16 324.74 -12%
Total Expenses 9,398.60 8,992.77 5%
Net surplus before investments 3,245.14 5,696.08 -43%
Investment Income 1,000.18 NM
Fair value losses on financial instruments at FVTPL (2,135.28) NM
Loss on disposal of investments (251.25) (426.96) -41%
Net surplus for the year 1,858.80 5,269.12 -65%

 

  Apr 2019 to Mar 2020 Apr 2018 to Mar 2019 Growth % 2019 vs 2020
Balance Sheet
Assets
Leasehold Property 4,539.35 4,615.64 -2%
Tangible Assets 614.79 691.89 -11%
Right-of-use Assets 902.35 NM
Investments 23,636.42 22,454.37 5%
Inventories 147.89 121.56 22%
Accounts Receivable 46.13 285.09 -84%
Other Assets 1,207.00 876.44 38%
Cash & Deposits 21,492.04 20,444.76 5%
Total Assets 52,585.97 49,489.75 6%

 

  Apr 2019 to Mar 2020 Apr 2018 to Mar 2019 Growth % 2019 vs 2020
Funds
Unrestricted Funds
– General Fund 34,187.87 39,483.96 -13%
– Infrastructure Development Fund 15,000.00 7,000.00 NM
Total Unrestricted Funds 49,187.87 46,483.96 6%
Restricted Funds
– Asia-Pacific Heart Network Fund 10.54 47.36 -78%
– Care & Share Matching Grant 542.90 997.10 -46%
– Edwards Lifesciences Foundation 53.79 107.62 -50%
– Heart Wellness Centre 33.87 45.04 -25%
– AEDs in Bukit Gombak 21.10 48.72 -57%
– National Council of Social Service (NCSS) – VWOs-Charities Capability Fund 1.20 10.20 -88%
– Temasek Cares Fund 252.48 NM
Total Restricted Funds 663.40 1,508.52 -56%
Total Funds 49,851.27 47,992.48 4%

 

  Apr 2019 to Mar 2020 Apr 2018 to Mar 2019 Growth % 2019 vs 2020
Liabilities
Long Term Liabilities 836.99 130.00 NM
Current Liabilities 1,897.70 1,367.27 39%
Total Liabilities 2,734.69 1,497.27 83%
Total Liabilities and Funds 52,585.97 49,489.75 6%

 

  Apr 2019 to Mar 2020 Apr 2018 to Mar 2019 Growth % 2019 vs 2020
Other Information
Donations/Grants and Sponsorships given to other registered charities (S$’000) 87,095.00 NM
Number of Employees 47 43 9%
Total Employee Cost (S$’000) 3,575.44 3,117.32 15%
Fund Raising Efficiency Ratio 21% 23% -3%
Total Related Party Transactions 26,966.00 NM

 

NA = Not Applicable

NM = Not Meaningful