Financial Information The following contains the key financial information of TOUCH Community Services, as stipulated by the Ministry of Finance.
Incoming Receipts
2003 (S$'000)
2004 (S$'000)
2005 (S$'000)
2006 (S$'000)
2007 (S$'000)
Tax-Exempt Donations
2,710
2,060
1,982
3,041
3,194
Non-Tax-Exempt Donations and Fund-raising
463
734
852
822
613
Grants/Sponsorships
1,062
1,400
1,485
1,163
1,252
Programme Income
780
1,421
1,591
1,709
1,260
Others
-
-
-
-
14
Total Receipts
5,015
5,615
5,910
6,735
6,334
Expenses
2003 (S$'000)
2004 (S$'000)
2005 (S$'000)
2006 (S$'000)
2007 (S$'000)
Direct Charitable expenses
-
Local
-
Overseas
3,749
-
4,262
-
4,531
-
4,881
-
3,633
-
Fund-raising
387
386
367
567
595
Publicity
166
203
217
256
293
Operating/
Administration
634
770
731
890
911
Capital Expenses (Depreciation)
100
86
55
50
41
Others
-
-
-
-
-
Total Expenditure
5,036
5,707
5,900
6,644
5,473
Excess (Deficit)
(21)
(92)
10
91
861
Add: Extraordinary Item - waiver of loan
-
-
-
-
-
Excess/(Deficit) after Extraordinary Item
(21)
(92)
10
91
861
Balance Sheet
2003 (S$'000)
2004 (S$'000)
2005 (S$'000)
2006 (S$'000)
2007 (S$'000)
ASSETS
Fixed Assets
1,176
1,149
1.039
737
538
Sundry Receivables
61
138
335
227
279
Amount owing by related parties
153
153
162
307
234
Banks and cash balances
1,307
1,261
1,422
1,893
2,545
Total Assets
2,697
2,701
2,958
3,164
3,595
FUNDS
General Fund
(10)
(102)
(92)
-
861
Asset Fund
355
186
562
332
442
Asset Capitalisation Reserve
1,010
1,063
752
667
447
Welfare Assistance Fund
134
225
214
209
232
Love Afghan Fund
29
29
29
29
29
Crisis Relief Fund
34
133
93
54
40
Tsunami Fund
-
(2)
386
354
353
Educational Aid Fund
-
47
23
3
5
China Fund
-
-
-
-
64
Total Funds
1,552
1,579
1,967
1,648
2,473
LIABILITIES
Long Term Liabilities
-
-
-
-
-
Current Liabilities
Sundry payables
1,145
1,122
991
1,516
1,019
Amount owing to affiliated organisation
-
-
-
-
103
Deferred Contributions
-
-
-
-
-
Lease Liabilities
-
-
-
-
-
Total Liabilities
1,145
1,122
991
1,516
1,122
Total Funds and Liabilities
2,697
2,701
2,958
3,164
3,595
Other Information
2003
2004
2005
2006
2007
Donations / Grants and Sponsorship given to other Charities (S$'000)
40
40
40
75
75
No. of Employees
109
116
120
114
87
Total Employee Costs (S$'000)
3,677
4,213
4,322
4,542
3,779
Notes for 2007 figures:
1.
The above figures do not include the results of TOUCH Character Development and TOUCH Family Services from 1 Aug 2007 to 31 Dec 2007, they are captured separately under TOUCH Family Services Limited.
2.
Also, the above figures do not include the results of TOUCH Youth Services and TOUCH Childcare services, they are captured separately under TOUCH Youth Limited and TOUCH Family Development Centre respectively.
