SBWS - Audited Financial Statement
| Incoming Receipts | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2021 (S$) | 2021/2020 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| Donations | ||||||
| - Tax Deductible | 1,314,861 | 1,814,407 | 2,026,219 | 1,577,127 | 1,704,052 | 8 |
| - Non Tax Deductible | 1,069,236 | 1,330,997 | 1,610,739 | 1,239,962 | 1,373,755 | 11 |
| Grants/Sponsorships | 1,839,408 | 1,341,756 | 71,049 | 244,966 | 1,302,864 | 432 |
| Membership fees | 54,940 | 50,184 | 42,632 | 35,127 | 41,408 | 18 |
| Investment income | 10,673 | 14,169 | 25,981 | 15,265 | 4,876 | (68) |
| Investment Gains | N.A | N.A | N.A | N.A | N.A | N.A |
| Others | 3,646,231 | 4,517,122 | 4,929,851 | 6,089,842 | 5,198,672 | (15) |
| Restricted Funds | 955,188 | 837,491 | 1,881,078 | 2,067,106 | 2,065,758 | (0) |
| Total Receipts | 8,890,537 | 9,906,126 | 10,587,549 | 11,269,395 | 11,691,385 | 4 |
| Total Employee Costs | 2,962,784 | 3,494,744 | 4,145,218 | 4,553,386 | 4,557,329 | 0 |
| Expenses | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2021 (S$) | 2021/2020 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| Direct Charitable Expenses | ||||||
| - Local | 2,619,858 | 1,909,432 | 2,701,690 | 2,713,835 | 2,805,284 | 4 |
| - Overseas | N.A | N.A | N.A | N.A | N.A | N.A |
| Operating/Administration Expenses | 5,337,978 | 5,791,143 | 4,633,611 | 4,805,668 | 5,105,667 | 6 |
| Fundraising | - | - | - | - | - | N.A |
| Publicity | N.A | N.A | N.A | N.A | N.A | N.A |
| Capital Expenses | N.A | N.A | N.A | N.A | N.A | N.A |
| Others | N.A | N.A | N.A | N.A | N.A | N.A |
| Total Unrestricted Funds Expenses | 7,957,836 | 7,700,575 | 7,335,301 | 7,519,503 | 7,910,951 | 5 |
| Restricted Funds Expenses | 1,407,304 | 1,407,304 | 2,874,252 | 2,725,767 | 2,762,613 | 1 |
| Total Expenditures | 9,365,140 | 9,107,879 | 10,209,553 | 10,245,270 | 10,673,564 | 4 |
| Total Employee Costs | 2,962,784 | 3,494,744 | 4,145,218 | 4,553,386 | 4,557,329 | 0 |
| BALANCE SHEET | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2021 (S$) | 2021/2020 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Land and Building | 40,967,070 | 39,975,595 | 40,121,708 | 40,806,163 | 38,771,362 | (5) |
| Tangible Assets | 4,633,868 | 4,450,480 | 5,611,801 | 5,396,134 | 5,040,910 | (7) |
| Investments | N.A | N.A | N.A | N.A | N.A | N.A |
| Inventories | 13,843 | 12,779 | 21,297 | 24,048 | 31,948 | 33 |
| Accounts Receivable | 1,529,301 | 1,522,230 | 1,544,648 | 1,551,944 | 2,570,001 | 66 |
| Cash and Deposits | 4,566,232 | 6,701,384 | 6,919,743 | 8,814,014 | 10,109,285 | 15 |
| Others | - | - | - | - | - | N.A |
| Total Assets | 51,710,314 | 52,662,468 | 54,219,197 | 56,592,303 | 56,523,506 | (0) |
| FUNDS | ||||||
| Unrestricted Fund | 36,627,939 | 37,921,916 | 38,973,907 | 40,656,693 | 42,371,369 | 4 |
| Restricted Fund | 12,300,723 | 11,804,993 | 11,130,998 | 10,472,337 | 9,775,482 | (7) |
| Endowment Fund | N.A | N.A | N.A | N.A | N.A | N.A |
| Total Funds | 48,928,662 | 49,726,909 | 50,104,905 | 51,129,030 | 52,146,851 | 2 |
| LIABILITIES | ||||||
| Long Term Liabilities | 1,889,225 | 1,715,646 | 1,718,274 | 3,060,571 | 1,795,494 | (41) |
| Current Liabilities | 892,427 | 1,219,913 | 2,396,018 | 2,402,702 | 2,581,161 | 7 |
| Total Liabilities | 2,781,652 | 2,935,559 | 4,114,292 | 5,463,273 | 4,376,655 | (20) |
| Total Employee Costs | 2,962,784 | 3,494,744 | 4,145,218 | 4,553,386 | 4,557,329 | 0 |
| OTHER INFORMATION | 2017 (S$) | 2018 (S$) | 2019 (S$) | 2020 (S$) | 2021 (S$) | 2021/2020 Incr/(Decr) % |
|---|---|---|---|---|---|---|
| Donations/Grants & Sponsorship given to other Charities | 700,000 | 700,000 | 700,000 | 700,000 | 700,000 | - |
| No. of Employees | 85 | 92 | 106 | 111 | 96 | (14) |
| Total Employee Costs | 2,962,784 | 3,494,744 | 4,145,218 | 4,553,386 | 4,557,329 | 0 |
