Annual Report 2017 for Web

2017

ANNUAL

REPORT

FULFILLING ASPIRATIONS…

YSA ANNUAL REPORT 2017

1

CONTENTS

Mission 2

President’s Message 3

The Year in Review 5

Panel of Advisors 8

Executive Committee 9

Report of the Executive Committee 10

Accounts and Reports 43

2 YSA ANNUAL REPORT 2017

MISSION

YSA reaches out to young Singaporeans with the aims of understanding,

the youth sector in Singapore by enabling youth to realise their aspirations

to enhance mutual understanding on issues of common concern and foster


3

PRESIDENT’S MESSAGE

Mr Malminderjit Singh

of strategising ahead, through capacity building and succession planning, while continuing to take on new

Building on both of these qualities, YSA enacted on a strategic blueprint in 2017 that will help it scale new

With all of these scenarios in mind, YSA, at its 2017 Annual General Meeting undertook a process of amending

started to address these gaps for a few years now – the introduction of the YLP being one such effort, while one


the conference were refreshing and helped seed critical thinking on some of these key areas affecting the


5

THE YEAR IN REVIEW

Responding to Community Needs

YLP, created with the aim of identifying potential

young leaders from the community and grooming

also held a graduation ceremony for the pioneering

panel discussions, dialogues and a mini hackathon

to encourage the participants to think about the

The conference was the graduating project for the

The conference also saw the launch of a book,

book is a collection of essays contributed by Sikhs

in Singapore on the common theme of the traits

authors represented three different age groups:

Inculcating a Sense of Care, Concern and

Awareness

in encouraging a culture of kindness that enriches

character who contribute to the community and


Building Bonds across Race, Language and Religion

religion and language in our programmes and

dialogue sessions with prominent speakers that are

awareness and appreciation of our rich culture

with participation from the Sikh community as well

in October 2017, supported and participated in

a dialogue session on challenges with addiction,

fostering such interpersonal connections brings

YSA was proud to be a sponsor and partner of the

ASEAN Sikh Economic & Entrepreneurship Summit

2017, an inaugural effort to unite Sikhs in the region

to discuss economic uplifting, integration and

thought leaders on economic opportunities in the

different ethnic groups within Singapore and imbue

The annual YSA racial harmony football tournament

also brings together players from different ethnicities,

total of 60 teams participated, with players from


7

and supporters to interact and communicate with

one another in a casual setting while promoting a

Encouraging Active Citizenry among Young

Singaporeans

YSA recognises that our youth population shapes

quality education and healthcare are all factors

that enable young Singaporeans to play a more

to allow young Singaporeans the opportunity

allowing them to engage local and international

#iamkaur, which grew traction and saw interest

and support from women and men in the Sikh

social media platforms, to engage with our youth

highlighting compassion and adaptability as key

reception and plaque presentation ceremony

Continuing the Good Work and Looking Ahead

The last one year has been a period of progress and

largely unchanged and we remain committed to

reaching out to young Singaporeans with the aims

support, we can make a difference!


PANEL OF ADVISORS

Dr Mohamad Maliki Osman

Mr Davinder Singh

Mr Inderjit Singh

HE Mr Karan Singh Thakral

Professor Tan Tai Yong

President

EXECUTIVE COMMITTEE


9


President

Ms Perinder Kaur

Ms Balveen Kaur

Mr Kuldip Singh

Mr Kulwant Singh

Ms Sukvinderpal Kaur

Mr Sarabjeet Singh

Mr Rashminder Singh

Mr Ravinderpal Singh

Assistant Secretary

Mr Jeevan Singh Sandhu

Mr Amritpal Singh

Ms Rasveen Kaur

Ms Sukhjeevanth Kaur

Ms Vithya Subramaniam

Ms Amarpreet Kaur

Assistant Treasurer

Ms Sheena Gill

Ms Harsimar Kaur

Editor, Khwaish Newsletter

Mr R Logapreyan

Ms Rashvinpal Kaur Dhaliwal

Mr Nirmal Singh

Ms Sithara Doriasamy

Ms Alisha Gill

Ms Harjean Kaur


REPORT OF

THE EXECUTIVE

COMMITTEE


11

PUBLICATION LAUNCH

contribution to discourse on

critical issues facing the Sikh

the issues of leadership would

also foster deeper integration


YSA President


Sikh Voices: Traits of Future Sikh Leaders

of producing literature that documents

knowledge and information for younger

another important publication project in

Sikh Leaders, comprises a collection of

essays by Sikhs from three different age

The book aims to help shape the future

these writers want for the Sikh community

thought leadership for the minority Sikh

community in Singapore, which faces

of ideas, thoughts and approaches on

editors, Mr Malminderjit Singh and Ms

Alisha Gill, shared their belief that the

Mr Malminderjit stated that, “The book

The discussions on the issues of leadership

would also foster deeper integration within

This book was presented to all the

participants at the conference, including


13

COMMUNITY SERVICE

shape our shared identity and

forge a stronger sense of what

it means to be a Singaporean,

and why we must stand united

in defending our way of life as a

Mr Chee Hong Tat

Minister of State for

Singapore


the boys were thankful that their parents allowed

and cook with is always on their minds and the daily

us in Singapore because not only did they count their

blessings, they were also hopeful and determined

Mr Gurshant, who also spoke at the ceremony, aptly

described the feeling of the participants when he

said, “The project will remain a lasting memory for all

school, its students and teachers that became more


15

participants also refurbished and painted the school

importantly, the team donated a generator and a

Beyond the school, the participants distributed clothes

of Punjab, spending time at the Golden Temple and

up of participants from different ethnic and cultural

shared identity and forge a stronger sense of what it

means to be a Singaporean, and why we must stand

adhere to our key principles of promoting equality;


important role in this regards, stating,

enhance understanding between

of platforms, including community

to strengthen the social fabric of our

nation, and bring our young people

must continue to support more of such

The 16th project was supported by

the family of the Late Surjeet Singh


17

Project Khwaish XVII

Three elements – YSA, the team members and their

families – are crucial to the successful organisation

two leaders, from different social, racial and religious

backgrounds left Singapore to spend three weeks in

young Sikhs to plug into the national and international

many people, including some of the participants, it

and recruitment; working with leader to select the

that, “The project will only be successful if the team

members come together and pull in the same

from the families help to ensure that the participants


“The project will offer opportunities to you to hone

An equally important trait is humility for only then

The team also presented gifts, toys, stationery and

schedule to interact with the students and teachers,

There is no better way to understand challenges in

school; they can only be learned by participating in

added that, “The Singapore team members also

learned the importance of supporting one another,

According to the project leader, Mr Satwant Singh,

“Perhaps, the most important lesson for the team


19

CONFERENCES AND SEMINARS

dealing with other nations

principled approach

of consistency, honesty

transparent and upfront,

Singapore shows that it

is not afraid to stand toe

to toe with other nations

Dr Vivian Balakrishnan

Singapore


YSA Ministerial Dialogue 2017

and for Singapore to not be counted among those;

pressing concerns and how Singapore is addressing

transparent and upfront, Singapore shows that it is not

afraid to stand toe to toe with other nations bigger

a reputation of being credible and consistent when

it comes to dealing with regional issues and partly

the reason why Singapore is at peace with all its

neighbours and has good relations with the major

by the participants, who had earlier attended a

facilitated group discussion on topics relating to the


21

this is rightfully so as Singapore is strategically located

throughout the years and was delighted that he

the US and its allies in the region with claims to the

us, Singapore is often called upon to be a facilitator

trade globally and how countries are becoming

more protectionist as new technology disrupts the

To remain resilient against this backdrop, he said,

on a few fundamentals, such as being adaptable by


Singaporeans, enhancing mutual understanding of issues of common concern and fostering friendships across

ethnic groups so that young Singaporeans continue to remain engaged with the rest of Singapore society and


23

Sikh Voices Conference 2017

which were meant to spur thinking about the future

Sikhs, of all ages and from all walks of life, together

scenarios, which the Sikh community could face in

designed to help participants break into small groups

affecting the Sikh community currently or might do

by the participants, some echoing points that had


on principles such as meritocracy, multiculturalism

programme was launched by YSA in 2016 to


25

CULTURE

be part of a faith that is

founded on equality in

last name, Kaur, to be an

Ms Navleen Kaur

Project #iamkaur


Global Sikh Women’s Day 2017

in a unique celebration of appreciating Sikh women and their

promoting gender equality within the Sikh faith, it was also being

seen as a humble beginning towards celebrating the power of

the Khalsa Panth, Guruji declared that the women would adopt

Regardless of stature, class or power, all Sikhs all equal in the eyes

of all ages coming together to share why they felt proud or what

The hashtag #iamkaur was chosen solely because the team

Sikh community with many local Sikh women taking to social

that she was immensely proud to be part of a faith that is founded

to continue its effort in creating a platform, which celebrates,


27

PROFESSIONAL AND

INTELLECTUAL DEVELOPMENT

The programme was

Apart from understanding

community issues, the

workshops and meetings

Mr Amritpal Singh

Participant

Young Leaders

Programme


Inaugural Young Leaders Programme

race and religion, we face a growing risk of social rifts

for us to come together often as a community, to

create safe spaces for frank discussion and to initiate

respect, young Singaporeans can step up and play

of future leaders within a community so that the

and presentation skills, global leadership and new

Sikh leaders with professional skills, the programme

competent, compassionate and conscious leaders

Mr Amritpal Singh, a participant, stated, “The

from understanding community issues, the workshops

of a good resume and public presentation, as well as

the importance of networking and connecting with


29

As part of the programme, the young

participants also had to identify three major

challenges facing the Sikh community

and, the third on education with the aim of

Mr Baey emphasised the importance of

peers working together to identify and

address community projects, regardless

of whether these issues were easy to

mutual understanding and are willing

to cooperate with one another, he felt

member, who helped put the programme


institutions and to work with these institutions to

Mr Baey commended the Sikh community for

future leaders so that they would be role models

with organisations outside the community,

all walks keen to promote causes within the


31

Sikh Graduates Tea Reception

YSA held its annual Sikh Graduate Tea Reception, in

their families and community leaders at the Singapore

the second edition of the Graduate Tea Reception in



33

SPORTS

When you look at the

tournament, you see so many

players – young and not

so young, men and ladies,

And in doing so, they meet,

interact and go home with a

better understanding of one

Mr Tamil Marren

and Manager,


Thirteenth ‘Racial Harmony’ Football Tournament

She was impressed with the camaraderie shown by the players and commented that, “Such community efforts


35

many players and supporters at this

Now in its 13th year, this annual

tournament aims to promote

racial harmony by requesting

teams to include players from

different communities as well as

encouraging the players to get

to know one another though side

Singapore as well as during the tea

teams, which participated in the

tournament, consisted of players

from different ethnic groups

also geared towards promoting

a healthy lifestyle among the

understand and appreciate her

and enable her mingle with them

“When we are working, it is hard to

interact with one another as some

good fun and meet other people



37

PARTNERSHIP AND PARTICIPATION

and an entrepreneurial

saw young people

making presentations

my mind, many of those

Dr Montek Singh

Ahluwalia


Issues of Addiction

number of people seeking help

Rather than a cause for alarm,

symptoms of addiction are being

picked up in the community and

addicts are coming forward to get

for the community to recognise

that addictions not only take a

members who may struggle due to

a lack of knowledge and access

Thomas, a Senior Occupational

as speakers at a dialogue and

facilitated discussion session

supported by the Sikh Welfare

witnessed the youth participants


39

of realising and treating addictions as chronic mental health disorders, some continue to take a moralising

More recent addictions trends indicate a rise in gambling to include online gambling, online gaming and in

The session was attended by about 30 participants, who gained greater insights into the challenges faced by


Interfaith Initiatives

in so disunited just because we belong to different

These are some questions that passionate youth, who

come together to ponder on issues that communities

of different faiths tackle with locally and globally,

and how we can manifest our thoughts and ideas

competing, with one another, for their planned

on how to pitch their noble ideas in a manner that

YSA also had the opportunity to meet a renowned

Raya celebration organised by the Muslim Women

Association, where we had the opportunity to hear

These interfaith efforts are important platforms to

promote ethnic and religious understanding and


41

ASEAN Sikh Economic & Entrepreneurship Summit

The ASEAN Sikh Economic & Entrepreneurship Summit

and thought leadership come together to be a part

business tips were shared among participants across

ASEES was well packed with rich content that was

a rousing speech calling upon the Sikh diaspora to

their business ideas to a panel of judges for the chance


budding entrepreneurs share their business ideas

help healthcare professionals collect liquid waste

manner, in an attempt to drastically reduce chances

the immense potential in Sikh leaders of the future

YSA was well represented at ASEES 2017 with a

committee members and participants of its Young

The panel discussions were centred on three key

successful Sikh entrepreneurs from across the region

entrepreneurial journeys on key success traits and

Apart from the panel discussions, there were

journey in building the company from scratch to

industry leaders, coupled with a rich interaction with

fellow peers within and across industries during the


43

YOUNG SIKH ASSOCIATION (SINGAPORE)

ACCOUNTS AND REPORTS

31 December 2017

CONTENTS

Page



STATEMENT BY MANAGEMENT COMMITTEE

MR MALMINDERJIT SINGH

President

MS HARJEAN KAUR

Honorary Treasurer

Singapore


45

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF


_________________________________________________________________________________________________________

Report on the Audit of the Financial Statements

Opinion

Basis for Opinion

Other Information

work we had performed, we conclude that there is a material misstatement of this other information, we are



YOUNG SIKH ASSOCIATION (SINGAPORE) (cont’d)

_________________________________________________________________________________________________________

Management Committee’s Responsibilities for the Financial Statements

against loss from unauthorised use or disposition; and transactions are properly authorised and that they

continue as a going concern, disclosing, as applicable, matters related to going concern and using the

Auditor’s Responsibilities for the Audit of the Financial Statements

•

•

•


47


YOUNG SIKH ASSOCIATION (SINGAPORE) (cont’d)

_________________________________________________________________________________________________________

Auditor’s Responsibilities for the Audit of the Financial Statements (cont’d)

•

•

Report on Other Legal and Regulatory Requirements

LEE S F & CO

Public Accountants and Chartered Accountants

Singapore,



STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2017

_________________________________________________________________________________________________________

2017 2016

Note $ $

CURRENT ASSETS

LESS CURRENT LIABILITY

Net Current Assets 47,626 47,639

Represented By:

Accumulated Funds 47,626 47,639


49


STATEMENT OF INCOME AND EXPENDITURE

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017

_________________________________________________________________________________________________________

2017 2016

Note $ $

Income / Revenue from Activities

Cost of Activities

Less: Operating Expenses

taxation

Less: Taxation

taxation



STATEMENT OF CHANGES IN THE ACCUMULATED FUNDS


_________________________________________________________________________________________________________

Accumulated Surplus /

$ $ $


51


STATEMENT OF CASH FLOWS


_________________________________________________________________________________________________________

2017 2016

Note $ $

CASH FLOWS FROM OPERATING ACTIVITIES

Net cash (used in) / generated from operating activities

NET CHANGE IN CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS AT BEGINNING OF THE

FINANCIAL YEAR

CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR



NOTES TO THE FINANCIAL STATEMENTS


_________________________________________________________________________________________________________

and integrating these aspirations into the Singapore society through enhancing mutual understanding on

issues of common concern and fostering friendships across ethnic groups in Singapore, the region and

statements

a) BASIS OF PREPARATION

b) FINANCIAL LIABILITIES


53




_________________________________________________________________________________________________________

FINANCIAL LIABILITIES

treated as a derecognition of the original liability and the recognition of a new liability, and the

c) CASH AND CASH EQUIVALENTS

d) PROVISIONS

e) TAXATION





_________________________________________________________________________________________________________

f) CURRENCIES TRANSLATION

Transactions and balances

translation differences from the settlement of such transactions and from the translation of monetary

assets and liabilities denominated in foreign currencies at the closing rates at the date of statement

g) REVENUE

2017 2016

$ $


55




_________________________________________________________________________________________________________

2017 2016

$ $

Audit fee 700 600

2017 2016

$ $

2017 2016

$ $





_________________________________________________________________________________________________________

TAXATION (Continued)

2017 2016

$ $

2017 2016

$ $

a) Liquidity risk


57




_________________________________________________________________________________________________________

FINANCIAL RISKS AND FAIR VALUES (Continued)

b) Interest rate risk

c) Credit risk

d) Fair values


NOTES


59

NOTES


NOTES


FULFILLING ASPIRATIONS…

Young Sikh Association (Singapore) or YSA was established in August 2003 to fulfill the

aspirations of young Singaporeans.

YSA reaches out to young Singaporeans with the aims of understanding, appreciating and

fulfilling their aspirations. It supports the development of the youth sector in Singapore

by enabling youths to realise their aspirations and make valuable contributions to the

broader society. Additionally, YSA seeks to enhance mutual understanding on issues of

common concern and foster friendships across ethnic groups in Singapore, the region

and the world.

Objectives

• To enhance understanding of national issues among young Singaporeans and to

encourage them to contribute to the betterment of our society as thoughtful and

responsible citizens.

• To provide platforms for young Singaporeans to strive for intellectual and professional

development.

• To strengthen inter-racial friendship and harmony by organising and actively

participating in inter-community activities.

• To foster community spirit among young Singaporeans through community service

at home and abroad.

• To build networks with local and international youth groups so as to foster national

identity and a global mindset among young Singaporeans.

Programmes

As a totally independent youth organisation, YSA’s programmes are initiated by young

Singaporeans for young Singaporeans in particular, and Singapore society in general.

From lectures, dialogue sessions, seminars and professional development workshops

to bhangra competitions, cultural shows and sports activities, they choose their avenues

of aspiration and integration.

• Community Service

• Conferences and Seminars

• Culture

• Professional and Intellectual Development

• Sports

Membership

• Ordinary Membership: For Sikhs and non-Sikhs from the ages of 16 to 50 years

residing in Singapore. They have the right to vote.

• Associate Membership: For Sikhs and non-Sikhs of all ages residing in Singapore.

They are not eligible to vote.

Young Sikh Association (Singapore)

c/o Sikh Centre

8 Jalan Bukit Merah, Singapore 169543

Tel : (65) 6327 2007/5 Fax : (65) 6327 2009

Email : enquiry@ysas.org Website : www.ysas.org

Annual Report 2017 for Web

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