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Administration

About EFS - Financial Information 

1.      Non-Financial Information  

Name of Organisation:

EQUESTRIAN FEDERATION OF SINGAPORE

Address:

51 FAIRWAYS DRIVE

SINGAPORE 286965

 

Contact Information

Name of Contact Person:  LEE KIM HUAT

Telephone No:                   6466 5123

Fax No:                              6466 1178

Email Address: leekimhuat@pacific.net.sg                

Web-site Address:             www.efs.org.sg 

 

Charity Status

Charity Regn No:    N.A.

Charity Regn Date: N.A.

Constitution: <Society>

Date of Establishment:  04.05.1976

ROS/RCB Regn No:     112/76/SPO

 

IPC Status

Effective Date : <From 150507 – 140509>

A Member of the Donation and Contribution Fund for Sports

 

Objectives:

(i) To adopt the standards of F.E.I. so that horses and riders can be trained up to Olympic Games standard; (ii) To promote and arrange equestrian competitions for the benefits of affiliated clubs, associations and teams visiting Singapore; (iii) To encourage and assist the SNOC, the SSC and other government bodies and affiliated members in the promotion of equestrian sport; and (iv) To advance and safeguard generally the genuine interests of equestrian competitions.

Vision/Mission:  To promote and support equestrian sports in Singapore

No. of Beneficiaries: <N.A.>.

Programs/Activities

*        For current year:  Please see our website

*        For last year:        Same as above

 

Patrons                           N.A.  

Key Board Members     Dr Melanie Chew (President), Mr Wee Tiong Han (Vice President),

                                      Mr Eugene Yong (Vice President), Ms Monique Heah (Hon. Secretary)

                                      and Mrs Lilian Lim (Hon. Treasurer) 

Employees                     Mr Lee Kim Huat (Senior Executive) and Ms Shirley Khaw (Executive)

Auditor                           K.C. Lau & Co

2.      Financial Information*  

Income

FY 2004

(S$’000)

FY 2005

(S$’000)

FY 2006

(S$’000)

% Increase/ (Decrease)

[FY 2006 on     FY 2005]

Donations in Cash

-          Tax Deductible

-          Non-Tax Deductible

 

N.A.

 8

 

N.A.

 1

 

N.A.

 8

 

N.A.

 700

Donations in Kind

-          Tax Deductible

-          Non-Tax Deductible

 

N.A.

N.A.

 

N.A.

N.A.

 

N.A.

N.A.

 

N.A.

N.A.

Grants / Sponsorships

  336

 411

 161

  (61)

Investment income

N.A.

N.A.

N.A.

N.A.

Investment gains

N.A.

N.A.

N.A.

N.A.

Others (please specify if material)

 30

 15

 13

  (13)

Total Income

  374

 427

 182

 (57)

   

 

Expenses

 

FY 2004

(S$’000)

FY 2005

(S$’000)

FY 2006

(S$’000)

% Increase/ (Decrease)

[FY 2006 on    FY 2005]

Direct Fund-raising Expenses

N.A.

N.A.

N.A.

N.A.

Charitable Activities Expenses

- Local

- Overseas

 

N.A.

N.A.

 

N.A.

N.A.

 

N.A.

N.A.

 

N.A.

N.A.

Other Operating & Administration Expenses

 359

 374

 222

 (41)

Others (please specify if material)

 2

 5

 NA

 (100)

Total Expenditure

 361

 379

 222

 (41)

Surplus / (Deficit)

  13

 48

  (39)

  (181)

 

 

Balance Sheet

FY 2004

(S$’000)

FY 2005

(S$’000)

FY 2006

(S$’000)

% Increase/ (Decrease)

[FY 2006 on    FY 2005]

ASSETS

 

 

 

 

Land and Buildings

N.A.

N.A.

N.A.

N.A.

Other Tangible Assets

 8

 66

 33

 (50)

Investments

N.A.

N.A.

N.A.

N.A.

Inventories

N.A.

N.A.

N.A.

N.A.

Accounts Receivable

 24

 21

 40

 90

Cash & Deposits

 41

134

 37

(72)

Others (please specify if material)

 NA

 NA

 NA

 NA

Total Assets

 73

 221

110

(50)

 

 

 

 

 

FUNDS <To breakdown by each fund as suggested below>

 

 

 

 

Unrestricted Fund

 44

92

52

(43)

Restricted Fund

N.A.

N.A.

N.A.

N.A.

Endowment Fund

N.A.

N.A.

N.A.

N.A.

Total Funds

 44

92

52

(43)

 

 

 

 

 

LIABILITIES

 

 

 

 

Long-Term Liabilities

N.A.

N.A.

N.A.

N.A.

Current Liabilities

 29

 129

 58

 (55)

Total Liabilities

 29

 129

 58

 (55)

 

 

 

 

 

Total Funds and Liabilities

 73

 221

110

(50)

 

 

Other Information

FY 2004

FY 2005

FY 2006

% Increase/ (Decrease)

[FY 2006 on    FY 2005]

Donations/Grants and Sponsorships given to other Charities (S$’000)

 1

 56

 4

 (93)

No. of Employees

2

2

2

 0

Total Employee Costs (S$’000)

97

76

 79

 4

Total Related Party Transactions (S$’000)

N.A.

N.A.

N.A.

N.A.

Fund-raising efficiency

N.A.

N.A.

N.A.

N.A.

Ratio of reserves to annual operating expenditure

 0.12

  0.25

 0.23

 (8)


© 2005 Equestrian Federation of Singapore