YSA Annual Report 2018
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ANNUAL<br />
REPORT<br />
<strong>2018</strong><br />
Our Mission<br />
Fulfilling Aspirations…
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
3<br />
Contents<br />
Mission 4<br />
President’s Message 5<br />
The Year in Review 7<br />
Panel of Advisors 9<br />
Executive Committee 10<br />
<strong>Report</strong> of the Executive Committee 11<br />
Leadership Transition 12<br />
- A Time of Change at <strong>YSA</strong> 14<br />
Community Service 15<br />
- Certificate Presentation Ceremony for Project Khwaish XVII 16<br />
- An Outing with Senior Citizens 19<br />
Conferences & Seminars 21<br />
- Ninth Khwaish Lecture 22<br />
Intellectual & Professional Development 24<br />
- Sikh Graduate Tea Reception <strong>2018</strong> 25<br />
Sports 27<br />
- <strong>YSA</strong> ‘Racial Harmony’4-A-Side Football Tournament <strong>2018</strong> 28<br />
Financial <strong>Report</strong> 31
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
4<br />
MISSION<br />
<strong>YSA</strong> reaches out to young Singaporeans with the aims of understanding<br />
appreciating and fulfilling their aspirations. It supports the development of<br />
the youth sector in Singapore by enabling youth to realise their aspirations<br />
and make valuable contributions to the broader society. Additionally, <strong>YSA</strong><br />
seeks to enhance mutual understanding on issues of common concern<br />
and foster friendships across ethnic groups in Singapore, the region and<br />
the world.<br />
Fulfilling Aspirations…
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
5<br />
PRESIDENT’S MESSAGE<br />
Mr Sarabjeet Singh<br />
<strong>YSA</strong>’s mission is to fulfill the aspirations of young Singaporeans. This is a deceptively simple way to<br />
articulate an increasingly complex, and at times what seems like a mammoth task we are committed<br />
to. I reflect on this with humility and immense gratitude for the support that <strong>YSA</strong> has received as we<br />
went about our work the past year.<br />
We sometimes may not realise and fully appreciate how diverse and heterogeneous the “youth”<br />
category is. Within this diversity, youth in fact have different, even multiple aspirations, and rightly so!<br />
Our work in the past year especially made us aware of how <strong>YSA</strong> must continue to evolve to better<br />
engage and provide youth with platforms and opportunities that get them some steps closer to<br />
realising their aspirations.<br />
<strong>YSA</strong> is one institution in the proverbial village which works to meaningfully engage and nurture<br />
youth. The common purpose and alignment of our objectives with those of partner organisations<br />
in the youth sector enabled us to accomplish much the past year. To this end, we have quite<br />
deliberately sought new partners, and developed even deeper relationships with existing partners.<br />
One example was the Khwaish Lecture series. This used to be an effort <strong>YSA</strong> undertook mainly on its<br />
own in the past. Increasingly though, we have realized that the inputs from partner organisations,<br />
with some helmed entirely by youth such as the University Sikh Societies and the SINDA Youth Club<br />
to name a few, have resulted in some significant deviations from how we operated in the past. For<br />
instance, these lecture series of course continue to be about serious issues that affect our nation<br />
and society. However, this does not mean that youth cannot engage with these issues in more lively<br />
and dynamic ways, and in settings that make them feel more comfortable and are also fun. Such<br />
partnerships therefore are not only about seeking and providing new opportunities and platforms,<br />
but crucially they are also about relooking and refreshing our existing ones.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
6<br />
This brings me to what we observe as an earnest and sincere desire by various organisations and<br />
institutions to engage youth. These include organisations and institutions within our Sikh Community<br />
too. By the same token, we also observe that youth who are passionate about issues and causes<br />
increasingly want more autonomy. Is it possible to balance these aims? Going forward, how can<br />
we do so?<br />
In this regard, <strong>YSA</strong> too finds itself in a position where we can appreciate this desire for greater<br />
autonomy. We empathise with the youth who request the same. At the same time, we find youth<br />
also giving us feedback that they are not satisfied with simply participating at our platforms. They<br />
want to lead and drive them. Our experience has shown this is possible and in fact should be<br />
encouraged. It is how we value-add to our suite of youth platforms. This particularly resonates with<br />
me given my personal experience as a youth volunteer with <strong>YSA</strong> as I was given the resources and<br />
importantly the trust to lead projects I had a deep interest in.<br />
We move forward and look to 2019 with hope that more youth will feel they are given the trust and<br />
are empowered to co-construct initiatives which they feel will be of benefit to their peers and the<br />
community. With that, I thank you once again for your support, and hope you enjoy reading <strong>YSA</strong>’s<br />
annual report for <strong>2018</strong>.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
7<br />
THE YEAR IN REVIEW<br />
The year <strong>2018</strong> was a significant year for <strong>YSA</strong>.<br />
<strong>YSA</strong> welcomed its third President, Mr Sarabjeet<br />
Singh who took over from Mr Malminderjit<br />
Singh. <strong>2018</strong> was also the year where after an<br />
extremely exciting 2017, <strong>YSA</strong> decided to focus<br />
on its core activities.<br />
We are humbled that together with our<br />
volunteers and partners, we continue to make<br />
an impact and add value to the non-profit<br />
sphere.<br />
Creating a Caring Community<br />
It is important to <strong>YSA</strong> to create and encourage<br />
a culture of kindness which enriches our value<br />
system and develops individuals of good<br />
character who contribute to the community.<br />
This will create a caring and empathic<br />
community. In order to do this, we at <strong>YSA</strong> came<br />
up with and supported various programmes<br />
that helped to develop care, compassion and<br />
empathy to others.<br />
One such programme is the Khwaish Expedition<br />
Project. This community service project provides<br />
its participants with the opportunity to serve<br />
internationally. The youth get to experience<br />
an enriching journey of personal growth<br />
while immersing themselves in a new cultural<br />
experience. In December 2017, a group of youth<br />
embarked on the 17th run of this project.<br />
In order to recognize their efforts and to learn<br />
more about their experience, <strong>YSA</strong> organized<br />
the certificate presentation ceremony at<br />
Singapore Khalsa Association in March <strong>2018</strong>.<br />
The participants got to share with the Guest of<br />
Honour, Mr Amrin Amin about the life enhancing<br />
community service they participated in where<br />
they put together a full-fledged library and<br />
made improvements to the school.<br />
Another effort by <strong>YSA</strong> to create a caring<br />
community where we show kindness and<br />
concern to one another was the outing for<br />
wheelchair-bound seniors from Sree Narayan<br />
Mission. This initiative enabled us to serve<br />
our elders and bond with them through a<br />
community meal at the Central Sikh Temple.<br />
We also got to hear their tales about a younger<br />
Singapore as we explored the Indian Heritage<br />
Centre with them.<br />
These programmes enable us to come together<br />
to create a caring community where we help<br />
one another selflessly.<br />
Encouraging Active Citizenry<br />
<strong>YSA</strong> recognizes that our youth are our future<br />
and as such we have worked hard to expand<br />
the access to platforms for active citizenry<br />
for our youth. One way in which we have<br />
done this, is to create platforms such as the<br />
Khwaish Lecture for our youth. The Khwaish<br />
Lecture series provides young Singaporeans<br />
with the opportunity to gain greater insights<br />
on relevant issues while allowing them to<br />
engage with leaders from different fields on<br />
the various issues impacting Singapore but<br />
with a global focus.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
8<br />
In July <strong>2018</strong>, <strong>YSA</strong> held its Ninth Khwaish Lecture<br />
with Mr Bilahari Kausikan as the guest speaker.<br />
The session first engaged the participants in<br />
discussions on the subject matter at hand and<br />
later allowed the participants to hear from Mr<br />
Kausikan on ‘The Foundation of Singapore’s<br />
Foreign Policy’. It was an enriching session for<br />
the youth who attended.<br />
Recognizing Achievements<br />
It is also important to <strong>YSA</strong> to recognize the<br />
efforts and achievements of our youth. An<br />
annual event at <strong>YSA</strong> that does just that is the<br />
Sikh Graduates Tea Reception. The Reception<br />
provides Sikh youth with the opportunity to<br />
network with each other but more crucially,<br />
it recognizes and celebrates the academic<br />
achievements of these youth including those<br />
who have pursued post graduate studies and<br />
continuous learning.<br />
In October <strong>2018</strong>, the Sikh Graduates Tea<br />
reception saw over 35 graduates receive their<br />
appreciation plaques from Guest-of-Honour, Mr<br />
Ng Chee Meng.<br />
<strong>YSA</strong>’s annual racial harmony football<br />
tournament is another. This tournament brings<br />
together individuals from different ethnicities,<br />
age groups and backgrounds. The players,<br />
regardless of race and language, play together<br />
in the field while the side activities outside the<br />
field also sees players building bonds as they<br />
support and cheer each other on.<br />
The 14th Racial Harmony Football Tournament<br />
was held in March <strong>2018</strong> with Guest of Honour,<br />
Mr Louis Ng gracing the event. It is a platform<br />
which not only helps to build bonds in the<br />
community but also promotes a healthy lifestyle<br />
of sports and physical activity.<br />
Looking Ahead<br />
The last one year has been fulfilling. We at <strong>YSA</strong><br />
will continue to work hard to reach out to youth<br />
with the aim of understanding, appreciating<br />
and fulfilling their aspirations. We also strive<br />
to bring to you more exciting initiatives and<br />
programmes to benefit our youth and society.<br />
With your continuous support, we can make a<br />
difference!<br />
Building Bonds in the Community<br />
We at <strong>YSA</strong> also strongly believe in crossing<br />
barriers of race, religion and language in<br />
our programmes. This way our activities and<br />
programmes are inclusive and bring about<br />
various positive benefits in various segments of<br />
the community. The Ninth Khwaish Lecture was<br />
one such programme.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
8 <strong>YSA</strong> ANNUAL REPORT 2017<br />
9<br />
PANEL OF ADVISORS<br />
Dr<br />
Dr Mohamad<br />
Mohamad Maliki<br />
Maliki Osman<br />
Osman<br />
<br />
Senior Minister of State,<br />
<br />
Ministry of Defence & Ministry of Foreign Affairs<br />
Mayor, South East District<br />
Mr<br />
Mr Davinder<br />
Davinder Singh<br />
Singh<br />
<br />
Executive Chairman<br />
<br />
Davinder Singh Chambers LLC<br />
Mr<br />
Mr Inderjit<br />
Inderjit Singh<br />
Singh<br />
<br />
Founder and Chief Executive Officer,<br />
<br />
Infiniti Solutions<br />
<br />
Executive Chairman, Tri-Star Electronics<br />
HE<br />
HE Mr<br />
Mr Karan<br />
Karan Singh<br />
Singh Thakral<br />
Thakral<br />
<br />
Executive Director, Thakral Group of Companies<br />
<br />
Singapore’s Non-Resident Ambassador to Denmark<br />
Professor Tan Tan Tai Yong Tai Yong<br />
President<br />
<br />
Yale-NUS College
Ms Mr Malminderjit Amarpreet Kaur Singh<br />
<strong>YSA</strong> Assistant PresidentTreasurer<br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
EXECUTIVE COMMITTEE<br />
10<br />
Ms Harsimar Balveen Kaur<br />
<br />
<br />
Editor, Khwaish Newsletter<br />
<strong>YSA</strong> ANNUAL REPORT 2017<br />
MITTEE<br />
EXECUTIVE Mr Malminderjit Mr Malminderjit Singh Singh<br />
Ms Mr Kulwant Rashvinpal Singh Kaur Dhaliwal<br />
COMMITTEE<br />
President President<br />
<br />
<br />
EXECUTIVE COMMITTEE<br />
<br />
Ms Balveen<br />
Ms Mr Sarabjeet Sithara Mr Mr<br />
Ms Mr Malminderjit<br />
Ms<br />
Sarabjeet Malminderjit<br />
Balveen Kaur<br />
Perinder<br />
KaurSingh<br />
Kaur<br />
Doriasamy Singh<br />
Singh<br />
Singh<br />
<br />
<br />
<br />
President<br />
President<br />
<br />
President <br />
<br />
EXECUTIVE COMMITTEE<br />
EXECUTIVE COMMITTEE<br />
Mr Malminderjit Singh<br />
Mr Kulwant<br />
Ms Mr Rashminder Harjean Ms<br />
Mr Ms<br />
Mr<br />
Kulwant Balveen Singh<br />
Kuldip Balveen Singh<br />
Singh Kaur<br />
President<br />
Ms Balveen<br />
Kaur Singh<br />
Kaur<br />
<br />
Kaur<br />
<br />
<br />
<br />
<br />
<br />
Vice President (Administration)<br />
<br />
<br />
Ms Balveen Kaur<br />
Mr Sarabjeet<br />
Mr<br />
Mr<br />
Ravinderpal<br />
Malminderjit<br />
Mr Mr Mr<br />
Ms Kulwant<br />
Sarabjeet Kulwant Singh Singh<br />
<br />
Sukvinderpal Singh<br />
Singh<br />
Kaur<br />
<br />
Assistant<br />
President<br />
Vice <br />
<br />
<strong>YSA</strong> ANNUAL REPORT 2017<br />
<br />
President Secretary<br />
(Corporate Relations)<br />
MITTEE<br />
Mr Malminderjit<br />
Mr Rashminder<br />
Ms<br />
Ms<br />
Sukhjeevanth<br />
Balveen Mr Mr<br />
Mr Jeevan Sarabjeet<br />
Rashminder Sarabjeet Malminderjit<br />
Kulwant Singh<br />
Singh Singh<br />
Jeevan Kaur Singh<br />
Singh<br />
Kaur<br />
Singh<br />
Singh Singh<br />
President<br />
Sandhu<br />
Sandhu<br />
<br />
<br />
<br />
Vice <br />
<br />
President<br />
<br />
<br />
President (Community Relations)<br />
<br />
<br />
Ms Balveen<br />
Mr Ravinderpal<br />
Ms<br />
Mr Kulwant<br />
Amarpreet Mr Mr Ms<br />
Mr Ms Sarabjeet Rashminder<br />
Ravinderpal Rashminder Balveen<br />
Perinder Kaur<br />
Singh Kaur<br />
Kaur Singh<br />
Singh<br />
<br />
Amritpal Singh Singh<br />
Kaur<br />
Singh<br />
Assistant<br />
Assistant<br />
<br />
Honorary <br />
Assistant <br />
<br />
<br />
<br />
Secretary<br />
<br />
<br />
Secretary<br />
<strong>YSA</strong> ANNUAL REPORT 2017<br />
Treasurer Secretary<br />
<br />
<br />
Mr Kulwant<br />
Ms Sukhjeevanth Sukhjeevanth Kaur<br />
Ms<br />
Mr Sarabjeet<br />
Harsimar Mr<br />
Ms Mr<br />
Mr Ravinderpal Kulwant<br />
Rashminder Kuldip Singh Singh<br />
Ms Ravinderpal Singh<br />
Singh<br />
Kaur Singh<br />
<br />
Rasveen Kaur<br />
Kaur<br />
Singh<br />
Singh<br />
Kaur<br />
<br />
<br />
<br />
Assistant Assistant <br />
<br />
<br />
Secretary<br />
<br />
<br />
Secretary<br />
<br />
Editor, Khwaish Newsletter<br />
MITTEE<br />
Mr Sarabjeet<br />
Ms Amarpreet Ms Ms<br />
Mr Rashminder<br />
Rashvinpal Ms Ms Mr<br />
Mr Ms Sarabjeet<br />
Ravinderpal Sukhjeevanth<br />
Amarpreet Sukhjeevanth<br />
Sukvinderpal Singh<br />
Perinder Kaur Kaur Singh<br />
Singh Kaur<br />
Kaur Kaur<br />
<br />
Vithya Subramaniam<br />
Honorary Kaur<br />
Singh<br />
Dhaliwal<br />
Kaur<br />
Assistant<br />
<br />
<br />
<br />
Assistant <br />
<br />
Assistant <br />
Secretary<br />
<br />
Treasurer Treasurer<br />
<br />
<br />
<br />
<br />
<br />
Mr Rashminder<br />
Ms Harsimar Ms Ms<br />
Mr Ravinderpal<br />
Sithara Ms Ms Ms Mr<br />
Mr<br />
Rashminder Jeevan Sukhjeevanth<br />
Kuldip Amarpreet<br />
Harsimar Amarpreet<br />
Singh<br />
Kaur Singh Kaur Kaur Singh Sandhu Kaur<br />
<br />
Sheena Doriasamy<br />
Singh Gill<br />
Kaur<br />
<br />
Treasurer<br />
<br />
Assistant Assistant Assistant <br />
<br />
<br />
Treasurer<br />
<br />
<br />
Secretary<br />
Treasurer<br />
Editor, Editor, Khwaish Newsletter<br />
<br />
<br />
Khwaish Newsletter<br />
<br />
Mr Ravinderpal<br />
Ms Rashvinpal Mr Ms<br />
Ms<br />
Harjean<br />
Sukhjeevanth<br />
Digital Ms Ms Mr Ravinderpal Amritpal Amarpreet<br />
Mr R Harsimar<br />
Rashvinpal Harsimar<br />
Singh<br />
Kaur<br />
Sukvinderpal Kaur Kaur<br />
Logapreyan<br />
Lead Kaur<br />
Kaur<br />
Kaur Dhaliwal<br />
SinghDhaliwal<br />
Assistant<br />
Kaur<br />
<br />
<br />
<br />
<br />
<br />
Assistant<br />
Assistant <br />
Secretary<br />
Secretary<br />
Treasurer<br />
<br />
<br />
Editor, Editor,<br />
<br />
Khwaish Newsletter<br />
<br />
<br />
Khwaish Newsletter<br />
<br />
Ms Sukhjeevanth<br />
Ms Sithara Ms Rasveen Kaur<br />
Ms Amarpreet<br />
Committee Ms Ms Mr Jeevan<br />
Mr Nirmal Rashvinpal<br />
Sithara Rashvinpal Sukhjeevanth<br />
Harsimar Rasveen Kaur<br />
Doriasamy Doriasamy Singh Kaur<br />
Member<br />
Singh Kaur<br />
Kaur Sandhu<br />
Kaur Dhaliwal<br />
<br />
and Editor,<br />
Dhaliwal<br />
<br />
Assistant<br />
Khwaish <br />
<br />
<br />
<br />
Editor, Treasurer<br />
<br />
Newsletter<br />
<br />
<br />
<br />
Khwaish Newsletter<br />
<br />
<br />
<br />
Ms Amarpreet Ms Ms Harjean<br />
Ms Harsimar Committee Ms Ms Mr Amritpal Sithara<br />
Harjean Sithara Amarpreet<br />
Rashvinpal Vithya Kaur Subramaniam<br />
Kaur Doriasamy<br />
Alisha Member Kaur Gill<br />
Doriasamy<br />
Kaur Singh<br />
Kaur<br />
Kaur Dhaliwal<br />
Assistant<br />
<br />
and Deputy Editor,<br />
<br />
Khwaish <br />
<br />
Assistant<br />
<br />
Treasurer Treasurer<br />
<br />
<br />
Newsletter<br />
Editor, <br />
<br />
<br />
<br />
<br />
Khwaish Newsletter<br />
<br />
<br />
<br />
Ms Harsimar Ms Ms Rashvinpal Ms<br />
Harjean Harsimar<br />
Sithara Sheena Kaur Doriasamy Gill<br />
Harjean Rasveen Kaur<br />
<br />
Kaur Kaur<br />
Dhaliwal<br />
<br />
Editor, <br />
<br />
Editor,<br />
<br />
<br />
Khwaish Khwaish Newsletter Newsletter<br />
<br />
<br />
<br />
<br />
9<br />
9<br />
9<br />
Mr Malminderjit Singh<br />
Mr President<br />
Ms Sarabjeet Sheena Perinder Gill Kaur Singh<br />
<strong>YSA</strong><br />
<br />
<strong>YSA</strong> ANNUAL ANNUAL REPORT REPORT 2017 20179<br />
<br />
<br />
<br />
Ms Balveen Kaur<br />
Mr <br />
Rashminder R Kuldip Logapreyan Singh Singh<br />
<strong>YSA</strong> ANNUAL REPORT 2017<br />
<br />
<br />
<strong>YSA</strong> ANNUAL REPORT 2017<br />
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9<br />
EXECUTIVE<br />
COMMITTEE 9<br />
Mr Ms Kulwant Perinder Ms Perinder Singh Kaur Kaur<br />
Mr <br />
Ms <br />
Ravinderpal Nirmal Sukvinderpal <strong>YSA</strong> Singh<br />
ANNUAL Singh Kaur REPORT 2017<br />
Assistant <br />
<br />
Secretary<br />
<br />
Mr Sarabjeet Kuldip<br />
Ms<br />
Ms Mr Jeevan Sukhjeevanth Ms<br />
Mr Ms Kuldip Perinder Singh Singh<br />
Perinder Kaur<br />
Singh Kaur<br />
Sandhu Kaur<br />
Ms <br />
<br />
Alisha<br />
<br />
<br />
Gill<br />
<strong>YSA</strong> ANNUAL REPORT 2017 9<br />
<br />
<br />
<br />
Committee Member<br />
<br />
Ms Perinder Kaur<br />
Mr Ms Rashminder Sukvinderpal<br />
Ms Mr Amarpreet Mr<br />
Ms Mr Kuldip Kuldip<br />
Sukvinderpal Singh Kaur<br />
<br />
Singh<br />
Kaur<br />
<br />
Kaur<br />
Assistant <br />
<br />
<strong>YSA</strong> ANNUAL REPORT 2017<br />
Mr Amritpal <br />
<strong>YSA</strong> Singh ANNUAL REPORT 20179<br />
Treasurer<br />
<br />
<br />
<br />
Committee Member<br />
<br />
Mr Kuldip Singh<br />
Mr Ravinderpal Jeevan Ms Rasveen<br />
Perinder Ms<br />
Mr Ms Jeevan Sukvinderpal Singh Sukvinderpal Singh Sandhu Kaur<br />
<br />
Kaur<br />
Kaur<br />
Sandhu<br />
Ms Assistant Harsimar<br />
<br />
<br />
Secretary<br />
<br />
Kaur<br />
Committee <br />
Editor, <br />
<br />
<br />
<br />
Member<br />
<br />
Khwaish Newsletter<br />
Ms Perinder<br />
Ms Mr Amritpal Sukhjeevanth<br />
Ms Mr Kuldip Rashvinpal Vithya Mr Mr Ms<br />
Ms Jeevan<br />
Amritpal Jeevan Perinder<br />
Sukvinderpal Kaur<br />
Singh Singh<br />
Singh<br />
Subramaniam Kaur Singh<br />
Singh Kaur<br />
Kaur<br />
Sandhu<br />
Dhaliwal<br />
Sandhu<br />
<br />
<br />
<br />
<br />
Mr Kuldip Singh<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Committee Member<br />
<br />
<br />
<br />
Mr Kuldip Mr Jeevan<br />
Ms Amarpreet Rasveen Ms Sithara Sheena<br />
Sukvinderpal Mr<br />
Ms Mr Amritpal Kuldip<br />
Singh Singh Sandhu<br />
Amritpal<br />
Rasveen Kaur Singh Kaur Singh<br />
Doriasamy Gill<br />
Singh<br />
Kaur<br />
Mr <br />
Assistant<br />
Kaur<br />
Nirmal <br />
<br />
Treasurer Singh<br />
Committee <br />
<br />
<br />
<br />
<br />
<br />
<br />
Member<br />
<br />
<br />
<br />
Ms Sukvinderpal<br />
Ms Harsimar Vithya<br />
Ms Mr<br />
Mr<br />
R<br />
Jeevan Harjean Ms Ms<br />
Mr Amritpal<br />
Logapreyan<br />
Rasveen<br />
Vithya Rasveen Sukvinderpal<br />
Singh Kaur<br />
Subramaniam<br />
Kaur<br />
Kaur Kaur<br />
Ms <br />
Sharan Singh Kaur<br />
Kaur<br />
Sandhu<br />
<br />
<br />
Dhaliwal<br />
Committee <br />
Editor, <br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Khwaish<br />
Member<br />
Newsletter<br />
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9<br />
9
REPORT OF THE<br />
EXECUTIVE COMMITTEE
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
12<br />
LEADERSHIP TRANSITION
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
13
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
14<br />
A Time Of<br />
Change<br />
At <strong>YSA</strong><br />
In November <strong>2018</strong>, <strong>YSA</strong> witnessed a change<br />
of leadership. Mr Sarabjeet Singh took over as<br />
the third President of <strong>YSA</strong>, after Mr Malminderjit<br />
Singh stepped down following 6 years of service<br />
as <strong>YSA</strong>’s president. Prior to serving as <strong>YSA</strong>’s<br />
president, Mr Malminderjit Singh had been<br />
serving the community through <strong>YSA</strong> in various<br />
capacities, first as an Executive Committee<br />
member and then as the Vice President.<br />
Similarly, Mr Sarabjeet Singh too is no stranger<br />
to <strong>YSA</strong>.<br />
Mr Sarabjeet Singh started his journey at <strong>YSA</strong><br />
as a volunteer for Project Khwaish in 2006. After<br />
the enriching and eye-opening experience<br />
at Khwaish and appreciating the work that<br />
<strong>YSA</strong> does, Mr Sarabjeet Singh had the urge<br />
to contribute further to the community and<br />
as such, his first official stint at <strong>YSA</strong> was as the<br />
editor of this very newsletter. Mr Sarabjeet Singh<br />
became more involved in various community<br />
initiatives. Seeing his passion to serve the<br />
community and striving for its betterment, Mr<br />
Sarabjeet Singh is indeed the best candidate<br />
to step into Mr Malminderjit Singh’s shoes as<br />
the third President of <strong>YSA</strong>.<br />
Succession planning is of great importance<br />
at <strong>YSA</strong>. <strong>YSA</strong> is a key part of the institutional<br />
landscape in the Sikh community and in<br />
the larger society. It has also earned a good<br />
reputation of organizing and delivering a<br />
consistently high level of activities that are<br />
enjoyed by both members of the community<br />
and individuals in the wider society. Therefore,<br />
it is crucial that the next President of <strong>YSA</strong> is<br />
someone who is able to take on this huge<br />
responsibility as well as take <strong>YSA</strong> to greater<br />
heights.<br />
Since the beginning of <strong>YSA</strong>’s history, mechanisms<br />
have been put in place to identify and groom<br />
individuals with leadership potential so as to<br />
ensure that <strong>YSA</strong>, as an organization, will live up<br />
to its mission of fulfilling the aspirations of young<br />
Singaporeans. The members of the Executive<br />
Committee made a commitment to one<br />
another to always add value to the community,<br />
to do their best and push personal boundaries.<br />
The Executive Committee is also committed to<br />
put the interest of <strong>YSA</strong> and the community first<br />
and that includes not hanging on to positions<br />
beyond their ability to contribute when serving<br />
as a member of the Executive Committee. With<br />
this commitment, the members of the Executive<br />
Committee will enable <strong>YSA</strong> to consistently<br />
initiate efforts and deliver high quality activities<br />
for the betterment of the youth in our society.<br />
In addition to this commitment, the leadership<br />
also actively identifies and grooms individuals<br />
with leadership potential as part of the<br />
succession plan at <strong>YSA</strong>. The leadership then<br />
provides these individuals with opportunities<br />
to take the reign in planning and executing<br />
important activities at <strong>YSA</strong>. These individuals<br />
are also assigned to key appointments so that<br />
they can understand the responsibilities of that<br />
particular role and recognize the various facets<br />
of <strong>YSA</strong> so that when the time comes, they will be<br />
ready to assume the mantle of leadership.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
15<br />
COMMUNITY SERVICE
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
16<br />
Certificate<br />
Presentation<br />
Ceremony for<br />
Project Khwaish XVII<br />
Since 2003, <strong>YSA</strong> has embarked and completed 17 community projects in Punjab. The year 2017<br />
was no different. Twenty young Singaporeans, led by a veteran leader participated in a journey of<br />
selfless and charitable service in aid of underprivileged and needy children in Punjab, India. The<br />
volunteers, made up of multi-racial Singaporeans, spent three weeks in December 2017 as part of<br />
<strong>YSA</strong>’s Project Khwaish XVII community service at the Government Primary School in Rattoke village<br />
of Sangrur district.<br />
During the project from 8 to 31 December 2017, the expedition team painted the school, set up a<br />
library filled with about 2,500 books and assisted in the renovation of the school’s toilets. The team<br />
also presented gifts, toys, stationery and clothes to all of the students as well as special prizes to the<br />
top three students in each level and prizes to the top male and female student. The team personally<br />
handed out clothes to the villagers and the needy. The team also took time off their busy schedule<br />
to interact with the students and teachers, and participated in games with the students.<br />
In order to recognize the voluntary work of the participants of this round of Project Khwaish, <strong>YSA</strong><br />
organized a certificate presentation ceremony. During the ceremony at the Singapore Khalsa<br />
Association on 16 March <strong>2018</strong>, the Guest of Honour, Parliamentary Secretary for Health and<br />
Home Affairs, Mr Amrin Amin, stated that, “The expedition team was made up of participants from
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
17<br />
different ethnic and cultural backgrounds. By<br />
working together, I am sure that your efforts<br />
have impacted the local community in Rattoke<br />
village in a positive and meaningful way. At the<br />
same time, I am certain that it was an enriching<br />
experience for the team members, opening<br />
their eyes to the plight of others and teaching<br />
them the important life lesson of offering a<br />
helping hand to those in need and giving back<br />
to the community.”<br />
In complimenting the Sikh community on<br />
its significant contributions to Singapore. Mr<br />
Amrin stated, “The Sikh community is a vibrant<br />
component of our society and has a long<br />
tradition of serving the larger community, such<br />
as through providing food and shelter at the<br />
gurdwaras (which are Sikh places of worship).<br />
The Sikhs number between 10,000 and 12,000<br />
in Singapore but the community’s contributions<br />
to Singapore have been significant.”
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
18<br />
Also speaking at the ceremony, one of the<br />
participants, Ms Rajveen Kaur, shared, “if one<br />
was to ask me what I have gained from Project<br />
Khwaish XVII, I would say that it is the value<br />
of teamwork and the 20 other participants<br />
who have become family. I have also learnt<br />
that some of the best things in life – the love<br />
and blessings of an entire village, come at no<br />
additional cost.”<br />
Mr Faraaz Amzar Mohamed Farook, another<br />
participant who also shared his experiences<br />
during the project, was impressed with the<br />
children at the school. He stated, “They displayed energy, youthful curiosity and a never-ending<br />
thirst for life. Somehow, with the absence of modern technology, their minds and bodies appeared<br />
more active. They found joy in the smallest of things. I remember one boy who was elated simply<br />
because I stopped to speak with him and play a simple game with him.”<br />
The project was supported by the Youth Expedition Project (powered by Youth Corps Singapore), the<br />
Lee Foundation, TriStar Electronics, Thakral Group, Labour Tel Management Corporation Pte Ltd, and<br />
individual donors and well-wishers.
An<br />
Outing with<br />
Senior Citizens<br />
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
19<br />
On 19 May <strong>2018</strong>, <strong>YSA</strong> organized an outing for<br />
wheelchair-bound seniors from Sree Narayan<br />
Mission. The day started with a visit to the Indian<br />
Heritage Centre.<br />
At the Centre, the seniors were given a lesson on<br />
various aspects of Indian culture as a tour guide<br />
brought everyone around the centre to view the<br />
different exhibits. The seniors also got to watch a<br />
short film on the history of movement of Indians<br />
in Singapore. It was heartening to hear some of<br />
the seniors enthusiastically identifying the names<br />
of familiar religious artifacts, streets or structures,<br />
showing the volunteers that this experience was<br />
definitely an interesting trip down memory lane<br />
for them.<br />
Shortly after a mini handicraft session, the team<br />
of volunteers took the seniors to the Central Sikh<br />
Temple. However, they were confronted with<br />
uncooperative weather. The heavy rain paired<br />
with the tough parking situation in Little India<br />
posed quite a challenge for the staff of the Mission<br />
and the team of volunteers. Nevertheless, armed<br />
with ponchos and umbrellas, they proceeded to<br />
ferry the seniors one at a time to the vans.<br />
For most of the seniors, this visit to the Central<br />
Sikh Temple was their first visit to a gurdwara. They<br />
were all smiles as they enjoyed a ‘cheat meal’ –<br />
a cup of sweet bandung (rose syrup with milk)<br />
and cha (tea), along with crispy pakoray (fritters)<br />
at the langar hall (community kitchen). After<br />
the shared meal, the team planned to bring the<br />
seniors to the Darbar Sahib (prayer hall) to seek
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
20<br />
Guru Ji’s blessings. However, at this point, the team<br />
of volunteers were confronted with yet another<br />
challenge – the temple had a lift breakdown. They<br />
had to think of an alternative way to shuttle the<br />
wheelchair bound seniors to the Darbar Sahib,<br />
which was on the second floor. The kind migrant<br />
workers at the temple approached the volunteers,<br />
offering to assist by physically carrying the seniors,<br />
one at a time and on their wheelchairs, up the flight<br />
of stairs to the Darbar Sahib. The collaborative effort<br />
between the migrant workers and the volunteers<br />
was a success, and the seniors were given the<br />
opportunity to experience a prayer session in the<br />
Darbar Hall.<br />
This outing showed the spirit of sewa (selfless<br />
service). This was observed in everyone that day,<br />
from the volunteers to the migrant workers in the<br />
temple. Even the people the team and the seniors<br />
encountered on the streets earlier in the day<br />
displayed such spirit. When having to reserve a<br />
spot for the van with the seniors to drop them off<br />
at Centre, the team of volunteers had to approach<br />
the many who were attempting to park at the said<br />
spots. These individuals were very understanding<br />
and were willing to find other spots.<br />
This opportunity to volunteer and participate in this<br />
outing served as a reminder to everyone to always<br />
have a positive attitude about sewa and to continue<br />
encouraging others to do the same.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
21<br />
CONFERENCES & SEMINARS
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
22<br />
Ninth Khwaish<br />
Lecture<br />
On ‘The Foundation of<br />
Singapore’s Foreign Policy’<br />
<strong>YSA</strong> held its Ninth Khwaish Lecture on ‘The<br />
Foundation of Singapore’s Foreign Policy’ on<br />
21 July <strong>2018</strong>. The guest speaker was Bilahari<br />
Kausikan, Former Permanent Secretary, Ministry<br />
of Foreign Affairs, Singapore. This event was<br />
attended by more than 150 participants of<br />
various ethnic backgrounds and ages.<br />
During the event, the retired diplomat shared<br />
his experiences and insights into Singapore’s<br />
distinctive features as a new and small state in<br />
a turbulent global and regional environment.<br />
Mr Kausikan began his lecture by explaining<br />
the root of foreign policies and clarifying the<br />
meaning of friendly relations among countries<br />
“The idea of friendship between countries is<br />
very fundamentally different (compared to the<br />
idea of friendships between people). When<br />
a country says we have friendly relations, it<br />
means that our national interests are aligned.<br />
This concept of interest is the most fundamental<br />
concept of all foreign policies and relations”,<br />
he stated.
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ANNUAL REPORT<br />
<strong>2018</strong><br />
23<br />
Mr Kausikan added that a country’s<br />
core interests derive from the nature of<br />
its state. “Our (Singapore’s) core interest<br />
is how we choose to organize ourselves<br />
and how we choose to organize<br />
ourselves is under pressure and it has<br />
been under pressure since 10 August<br />
1965.” He opined that the uniqueness of<br />
Singapore is under pressure as identities<br />
continue to evolve, transform and adapt<br />
to changing times. “If we are not vigilant<br />
or aware of our external threats, we can<br />
easily be swayed”, he cautioned.<br />
Mr Kausikan cited China’s perceived attempt to influence Singapore’s identity, arguing that it<br />
does not understand Singapore’s dynamics. “It sees Singapore as a Chinese country because it<br />
(Singapore) happens to have a majority of Chinese as its population”, he explained. Mr Kausikan<br />
also mentioned various ways in which China influences operations and he cautioned Singaporeans<br />
to stay vigilant. “Singapore is a young idea, it is 53 years old and that has gone by in the blink of an<br />
eye. Identities constantly evolve, change and adapt. The basis of our creation is continued success<br />
… but, if Singapore fails as a country, there is no intrinsic value because we are small”, he said.<br />
As part of the event, facilitated group discussions were held before the arrival of Mr Kausikan<br />
in which the participants looked at plausible scenarios that depicted the tensions between<br />
Singapore’s domestic organizing principles and its foreign policies. Many participants said the<br />
discussions enabled them to develop a better understanding of the various challenges and threats<br />
that Singapore may be susceptible to.<br />
Overall, the session was full of valuable conservations.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
24<br />
INTELLECTUAL & PROFESSIONAL<br />
DEVELOPMENT
Sikh<br />
Graduate Tea<br />
Reception <strong>2018</strong><br />
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
25<br />
Every year, <strong>YSA</strong>, in collaboration with other<br />
community organisations such as the Central<br />
Sikh Gurdwara Board and the Singapore<br />
Khalsa Association, organizes the Graduate Tea<br />
Reception to recognize an important milestone<br />
in the lives of our youth, their graduation. Last<br />
year was no exception. The Sikh Graduate Tea<br />
Reception <strong>2018</strong> was held at the Singapore Khalsa<br />
Association on 13 October <strong>2018</strong>.<br />
The event saw over 35 graduates receive their<br />
appreciation plaques from Guest-of-Honour, Mr<br />
Ng Chee Meng, Minister in the Prime Minister’s<br />
Office and Secretary-General of NTUC. Mr Ng,<br />
in his address to the graduates, talked about<br />
the importance of adaptability and seizing the<br />
opportunities in today’s volatile and disruptive<br />
market. He also spoke about how crucial it is for<br />
employees today to possess both technical and<br />
soft skills as in addition to one’s technical expertise,<br />
soft skills like compassion and a strong character<br />
are sought after too.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
26<br />
The graduates were also treated to a talk on changing hiring and human resources practices as<br />
companies adjust to disruptions and shifts in the market by guest speaker, Mr Martin Tan, the executive<br />
director of The Majurity Trust. This talk was extremely relevant and welcomed by the graduates as many<br />
were entering the workforce.<br />
However, while it is important for youth to develop themselves and strive for the best in their career, <strong>YSA</strong>’s<br />
then President, Mr Malminderjit Singh, also stressed that they should not let go of the desire to participate<br />
in community activities.<br />
The Sikh Graduate Tea Reception is an important part of <strong>YSA</strong>’s agenda. It is<br />
an excellent networking opportunity and a great platform for young Sikhs<br />
to learn from industry experts such as Mr Martin Tan.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
27<br />
SPORTS
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
28<br />
On 24 March <strong>2018</strong>, Member of Parliament for Nee<br />
Soon GRC, Louis Ng, donned his football attire<br />
and goal keeping gloves to participate in the <strong>YSA</strong><br />
‘Racial Harmony’ 4-A-Side Football tournament at<br />
Kovan Sports Centre. He kicked off the event by<br />
playing in an exhibition match involving players<br />
from different ethnic groups and backgrounds.<br />
Following a number of saves during the match,<br />
Mr Ng commented that, “I double confirm that<br />
I am getting old but not too old yet to enjoy a<br />
good game with enthusiastic players here. It is<br />
heartening to see participants of all races and<br />
ages come together on a weekend afternoon to<br />
sweat it out and make friends.”<br />
The <strong>YSA</strong> tournament attracted 360 players and<br />
more than 250 supporters and spectators. The<br />
annual tournament aims to promote racial<br />
harmony as it embraces teams consisting<br />
of players from different communities and<br />
backgrounds. It also encourages the players to<br />
get to know one another through the sport as well<br />
<strong>YSA</strong><br />
‘Racial Harmony’<br />
4-A-Side Football<br />
Tournament<br />
<strong>2018</strong><br />
as the side activities such as the target shooting<br />
and juggling competition, and a quiz on Singapore.<br />
Furthermore, the participants interact and engage<br />
with one another over some food and drinks<br />
during the tea reception. The event is also geared<br />
towards promoting a healthy lifestyle among the<br />
participants across generations as they come to<br />
support their family and friends in the tournament.<br />
During the tournament, side activities were<br />
organized to continually engage the participants<br />
as well as provide mini challenges where they<br />
could walk away with cash prizes. During the target<br />
shooting competition, the players put their aiming<br />
skills to good use by hitting cones placed at varying<br />
heights. The juggling competition required players<br />
to juggle the ball for as long as they could and this<br />
required immense determination and focus.
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ANNUAL REPORT<br />
<strong>2018</strong><br />
29<br />
Following more than 100 matches, the event<br />
ended with the highly-anticipated final between<br />
MIB (four time champions) and SG Futsal 16 in the<br />
‘Open’ category. SG Futsal 16 raced to a 2-0 lead<br />
only for MIB to draw level soon after. SG Futsal 16<br />
then added two more goals before MIB emerged<br />
as the ‘Open’ category winners. In the ‘Veterans’<br />
category, Thursday Knights A retained the trophy<br />
for the second year running, while Kardesler Juniors<br />
B emerged victorious in the ‘Youth’ category and<br />
OnzXOnz in the ‘Ladies’ category. In the ‘Juniors’<br />
category, Junior Starz took home the trophy. When<br />
asked if his team would be back again next year,<br />
the captain replied with a confident cheeky grin,<br />
“Definitely”.<br />
Mr S Sivakumar, former national football player,<br />
who was part of Thursday Knights A, stated, “It<br />
is great to be part of this tournament. It is more<br />
of a carnival than a real competition. You meet<br />
old friends and make new ones. The organisers<br />
always make a conscious effort to get different<br />
groups of people to be part of the tournament.”
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
30
Financial <strong>Report</strong>
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
32<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
(Club Registration Number: 61-171590000-K)<br />
ACCOUNTS AND REPORTS<br />
For the financial year ended<br />
31 December <strong>2018</strong><br />
CONTENTS<br />
Page<br />
STATEMENT BY MANAGEMENT COMMITTEE 33<br />
INDEPENDENT AUDITORS’ REPORT 34 - 36<br />
STATEMENT OF FINANCIAL POSITION 37<br />
STATEMENT OF INCOME AND EXPENDITURE 38<br />
STATEMENT OF CHANGES IN FUNDS 39<br />
STATEMENT OF CASH FLOWS 40<br />
NOTES TO THE FINANCIAL STATEMENTS 41 - 46
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
33<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
STATEMENT BY MANAGEMENT COMMITTEE<br />
In the opinion of the Management Committee, the accompanying statement of financial position,<br />
income and expenditure statement, statement of changes in funds and statement of cash flows<br />
together with the notes to the financial statements, are drawn up so as to give a true and fair view<br />
of the state of affairs of YOUNG SIKH ASSOCIATION (SINGAPORE) as at 31 December <strong>2018</strong> and of the<br />
results, changes in funds and cash flows of the Association for the year then ended on that date.<br />
The Management Committee has approved these financial statements for issue on<br />
On behalf of the Management Committee<br />
MR SARABJEET SINGH<br />
President<br />
MS AMARPREET KAUR<br />
Assistant Treasurer<br />
Singapore
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
34<br />
INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
<strong>Report</strong> on the Audit of the Financial Statements<br />
Opinion<br />
We have audited the financial statements of Young Sikh Association (Singapore), which comprise<br />
the statement of financial position as at 31 December <strong>2018</strong>, and the statement of income and<br />
expenditure, statement of changes in funds and statement of cash flows for the year then ended,<br />
and notes to the financial statements, including a summary of significant accounting policies.<br />
In our opinion, the accompanying financial statements are properly drawn up in accordance<br />
with the provisions of the Societies Act, Cap. 311 (the Act) and Financial <strong>Report</strong>ing Standards in<br />
Singapore (FRSs) so as to give a true and fair view of the financial position of the Company as at<br />
31 December <strong>2018</strong> and of the financial performance, changes in equity and cash flows of the<br />
Company for the year ended on that date.<br />
Basis for Opinion<br />
We conducted our audit in accordance with Singapore Standards on Auditing (SSAs). Our<br />
responsibilities under those standards are further described in the Auditor’s Responsibilities for the<br />
Audit of the Financial Statements section of our report. We are independent of the Company in<br />
accordance with the Accounting and Corporate Regulatory Authority (ACRA) Code of Professional<br />
Conduct and Ethics for Public Accountants and Accounting Entities (ACRA Code) together with<br />
the ethical requirements that are relevant to our audit of the financial statements in Singapore, and<br />
we have fulfilled our other ethical responsibilities in accordance with these requirements and the<br />
ACRA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to<br />
provide a basis for our opinion.<br />
Other Information<br />
The management is responsible for the other information. The other information comprises the<br />
Statement by Management Committee (set out on pages 2).<br />
Our opinion on the financial statements does not cover the other information and we do not express<br />
any form of assurance conclusion thereon.<br />
In connection with our audit of the financial statements, our responsibility is to read the other<br />
information and, in doing so, consider whether the other information is materially inconsistent<br />
with the financial statements or our knowledge obtained in the audit, or otherwise appears to be<br />
materially misstated. If, based on the work we had performed, we conclude that there is a material<br />
misstatement of this other information, we are required to report that fact. We have nothing to<br />
report in this regard.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
35<br />
INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF<br />
YOUNG SIKH ASSOCIATION (SINGAPORE) (CONT’D)<br />
(Registered under The Societies Act. Cap. 311)<br />
Management Committee’s Responsibilities for the Financial Statements<br />
The Management Committee members are responsible for the preparation of financial statements<br />
that give a true and fair view in accordance with the provisions of the Act and FRSs, and for devising<br />
and maintaining a system of internal accounting controls sufficient to provide a reasonable<br />
assurance that assets are safeguarded against loss from unauthorised use or disposition; and<br />
transactions are properly authorised and that they are recorded as necessary to permit the<br />
preparation of true and fair financial statements and to maintain accountability of assets.<br />
In preparing the financial statements, management is responsible for assessing the Company’s<br />
ability to continue as a going concern, disclosing, as applicable, matters related to going concern<br />
and using the going concern basis of accounting unless management either intends to liquidate<br />
the Company or to cease operations, or has no realistic alternative but to do so.<br />
The Management Committee’s responsibilities include overseeing the Company’s financial<br />
reporting process.<br />
Auditor’s Responsibilities for the Audit of the Financial Statements<br />
Our objectives are to obtain reasonable assurance about whether the financial statements as a<br />
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s<br />
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not<br />
a guarantee that an audit conducted in accordance with SSAs will always detect a material<br />
misstatement when it exists. Misstatements can arise from fraud or error and are considered material<br />
if, individually or in the aggregate, they could reasonably be expected to influence the economic<br />
decisions of users taken on the basis of these financial statements.<br />
As part of an audit in accordance with SSAs, we exercise professional judgement and maintain<br />
professional scepticism throughout the audit. We also:<br />
• Identify and assess the risks of material misstatement of the financial statements, whether due to<br />
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit<br />
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not<br />
detecting a material misstatement resulting from fraud is higher than for one resulting from error,<br />
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override<br />
of internal control.<br />
• Obtain an understanding of internal control relevant to the audit in order to design audit<br />
procedures that are appropriate in the circumstances, but not for the purpose of expressing an<br />
opinion on the effectiveness of the Company’s internal control.<br />
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting<br />
estimates and related disclosures made by management.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
36<br />
INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF<br />
YOUNG SIKH ASSOCIATION (SINGAPORE) (CONT’D)<br />
(Registered under The Societies Act. Cap. 311)<br />
Auditor’s Responsibilities for the Audit of the Financial Statements (Cont’d)<br />
• Conclude on the appropriateness of management’s use of the going concern basis of<br />
accounting and, based on the audit evidence obtained, whether a material uncertainty exists<br />
related to events or conditions that may cast significant doubt on the Company’s ability to<br />
continue as a going concern. If we conclude that a material uncertainty exists, we are required<br />
to draw attention in our auditor’s report to the related disclosures in the financial statements or, if<br />
such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit<br />
evidence obtained up to the date of our auditor’s report. However, future events or conditions<br />
may cause the Company to cease to continue as a going concern.<br />
• Evaluate the overall presentation, structure and content of the financial statements, including<br />
the disclosures, and whether the financial statements represent the underlying transactions and<br />
events in a manner that achieves fair presentation.<br />
We communicate with the Management Committee regarding, among other matters, the planned<br />
scope and timing of the audit and significant audit findings, including any significant deficiencies<br />
in internal control that we identify during our audit.<br />
<strong>Report</strong> on Other Legal and Regulatory Requirements<br />
In our opinion, the accounting and other records required by the Act to be kept by the Company<br />
have been properly kept in accordance with the provisions of the Act.<br />
LEE S F & CO<br />
Public Accountants and Chartered Accountants<br />
Singapore,<br />
HWJ/LSF
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
37<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER <strong>2018</strong><br />
<strong>2018</strong> 2017<br />
Note $ $<br />
CURRENT ASSETS<br />
Cash and cash equivalents 3 39,485 48,976<br />
LESS CURRENT LIABILITY<br />
Accruals 4 1,350 1,350<br />
1,350 1,350<br />
Net Current Assets 38,135 47,626<br />
Represented By:<br />
Accumulated Funds 38,135 47,626<br />
The accompanying notes form an integral part of these financial statements
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
38<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
STATEMENT OF INCOME AND EXPENDITURE<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
<strong>2018</strong> 2017<br />
Note $ $<br />
Income / Revenue from Activities<br />
Community service projects 4,020 117,347<br />
Intellectual and professional development activities 15,079 15,600<br />
Other income - 15,000<br />
Sports events 24,535 17,584<br />
Conferences and seminars 895 224<br />
44,529 165,755<br />
Cost of Activities<br />
Community service projects 14,237 66,698<br />
Intellectual and professional development activities 9,890 45,747<br />
Sports events 16,540 16,615<br />
Conferences and seminars - 6,572<br />
40,667 135,632<br />
3,862 30,123<br />
Less: Operating Expenses<br />
Advertisements - 85<br />
Accounting fee 650 650<br />
Auditors’ remuneration 700 700<br />
Bank charges 130 100<br />
General expenses - 1,925<br />
Postage and courier services 1,539 1,682<br />
Printing and stationery 2,642 11,090<br />
Refreshments 920 2,650<br />
Sponsorships and donations 2,400 2,504<br />
Transportation 122 -<br />
Website design and maintenance 4,250 8,750<br />
13,353 30,136<br />
(Deficit) for the financial year before taxation (9,491) (13)<br />
Less: Taxation 5(a) - -<br />
(Deficit) for the financial year after taxation (9,491) (13)<br />
The accompanying notes form an integral part of these financial statements
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
39<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
STATEMENT OF CHANGES IN THE ACCUMULATED FUNDS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
Accumulated Surplus /<br />
Funds (Deficit) Total<br />
$ $ $<br />
As at 1 January 2017 13,440 34,199 47,639<br />
(Deficit) for the financial year after taxation - (13) (13)<br />
As at 31 December 2017 13,440 34,186 47,626<br />
(Deficit) for the financial year after taxation - (9,491) (9,491)<br />
As at 31 December <strong>2018</strong> 13,440 24,695 38,135<br />
The accompanying notes form an integral part of these financial statements
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
40<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
STATEMENT OF CASH FLOWS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
<strong>2018</strong> 2017<br />
Note $ $<br />
CASH FLOWS FROM OPERATING ACTIVITIES<br />
(Deficit) for the financial year before taxation (9,491) (13)<br />
(Decrease) in trade payables - (3,570)<br />
Increase in accruals - 150<br />
Operating (deficit) before working capital changes (9,491) (3,433)<br />
Tax paid - -<br />
Net cash (used in) operating activities (9,491) (3,433)<br />
NET CHANGE IN CASH AND CASH EQUIVALENTS (9,491) (3,433)<br />
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR 48,976 52,409<br />
CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR 3 39,485 48,976<br />
The accompanying notes form an integral part of these financial statements
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
41<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
1. MISSION<br />
The mission of the Young Sikh Association (Singapore) is to fulfill the aspirations of young<br />
Singaporeans. It reaches out to young Singaporeans with the aim of understanding and<br />
appreciating their aspirations, and integrating these aspirations into the Singapore society<br />
through enhancing mutual understanding on issues of common concern and fostering<br />
friendships across ethnic groups in Singapore, the region and the world.<br />
These notes form an integral part of and should be read in conjunction with the accompanying<br />
financial statements<br />
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<br />
a) BASIS OF PREPARATION<br />
the financial statements have been prepared in accordance with Singapore Financial<br />
<strong>Report</strong>ing Standards (“FRS”). These financial statements have been prepared under the<br />
historical cost convention except as disclosed in the accounting policies below.<br />
the preparation of financial statements in conformity with FRS requires management to<br />
exercise its judgement in the process of applying the Company’s accounting policies. It<br />
also requires the use of certain critical accounting estimates and assumptions.<br />
b) FINANCIAL LIABILITIES<br />
Financial liabilities within the scope of FRS 39 are recognised on the statement of financial<br />
position when, and only when, the Company becomes a party to the contractual provisions<br />
of the financial instrument. Financial liabilities are recognised initially at fair value, plus, in<br />
the case of financial liabilities other than derivatives, directly attributable transaction costs.<br />
subsequent to initial recognition, derivatives are measured at fair value. Other financial<br />
liabilities are measured at amortised cost using the effective interest method.<br />
For financial liabilities other than derivatives, gains and losses are recognised in the<br />
statement of comprehensive income when the liabilities are derecognised, and through the<br />
amortisation process. Any gains or losses arising from changes in fair value of derivatives<br />
are recognised in statement of comprehensive income. Net gains or losses on derivatives<br />
include exchange differences.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
42<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
FINANCIAL LIABILITIES (CONT’D)<br />
A financial liability is derecognised when the obligation under the liability is extinguished.<br />
When an existing financial liability is replaced by another from the same lender on<br />
substantially different terms, or the terms of an existing liability are substantially modified,<br />
such an exchange or modification is treated as a derecognition of the original liability<br />
and the recognition of a new liability, and the difference in the respective carrying<br />
amounts is recognised in the statement of comprehensive income.<br />
c) CASH AND CASH EQUIVALENTS<br />
Cash and cash equivalents comprise of cash in hand and bank balances placed with<br />
creditworthy financial institutions.<br />
d) PROVISIONS<br />
Provisions are recognised when the Company has a present obligation where, as a result<br />
of a past event, it is probable that an outflow of economic benefits will be required to<br />
settle the obligation and the amount of the obligation can be reasonably estimated. Provisions<br />
are reviewed at each balance sheet date and adjusted to reflect the current best<br />
estimate. Where the effect of time value of money is material, the amount of the provision<br />
is the present value of the expenditure expected to be required to settle the obligation.<br />
e) TAXATION<br />
Tax expense is determined on the basis of tax effect accounting, using the liability method,<br />
and it is applied to all significant temporary differences arising between the carrying<br />
amount of assets and liabilities in the financial statements and the corresponding tax<br />
basis used in the composition of taxable profit, except that a debit to the deferred tax<br />
balance is not carried forward unless there is a reasonable expectable of realization and<br />
the potential tax saving relating to a tax loss carry forward and unutilized capital allowances<br />
is not recorded as an asset.<br />
Deferred tax is calculated at the tax rates that are expected to apply to the period when<br />
the assets are realized or the liability is settled. Deferred tax is charged or credited to the<br />
profit and loss account. Deferred tax assets and liabilities are offset when they relate to<br />
income taxed levied by the same tax authority.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
43<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
f) CURRENCIES TRANSLATION<br />
Functional and presentation currency<br />
Items included in the financial statements of the Company are measured using the currency<br />
of the primary economic environment in which the entity operates (“functional currency”).<br />
The financial statements are presented in Singapore Dollar, which is the Company’s<br />
functional currency.<br />
Transactions and balances<br />
transactions in a currency other than the functional currency (“foreign currency”) are<br />
translated into the functional currency using the exchange rates at the dates of the<br />
transactions. Currency translation differences from the settlement of such transactions and<br />
from the translation of monetary assets and liabilities denominated in foreign currencies<br />
at the closing rates at the date of statement of financial position are recognized in the<br />
statement of comprehensive income.<br />
non-Monetary items measured at fair values in foreign currencies are translated using the<br />
exchange rates at the date when fair values are determined.<br />
g) REVENUE<br />
Revenue is recognised to the extent that it is probable that the economic benefits will flow<br />
to the Association and the revenue can be reliably measured.<br />
Revenue from sports events and donations is recognised in the account on an accrual<br />
basis.<br />
3. CASH AND CASH EQUIVALENTS<br />
For the purpose of statement of cash flows, cash and cash equivalents comprise the following:<br />
<strong>2018</strong> 2017<br />
$ $<br />
Cash in hand 2,520 2,165<br />
Cash at bank 36,965 46,811<br />
39,485 48,976<br />
The Carrying amounts of cash and cash equivalents are denominated in Singapore Dollars and<br />
they approximate their fair values.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
44<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
4. ACCRUALS<br />
<strong>2018</strong> 2017<br />
$ $<br />
Accounting fee 650 650<br />
Audit fee 700 700<br />
1,350 1,350<br />
5. TAXATION<br />
a) Tax expense<br />
<strong>2018</strong> 2017<br />
$ $<br />
Current year’s tax expense - -<br />
The income tax expense on the results for the financial year varies from the amount of income<br />
tax determined by applying the Singapore standard rate of income tax to (deficit) before<br />
taxation due to the following factors:<br />
<strong>2018</strong> 2017<br />
$ $<br />
(Deficit) for the financial year before taxation (9,491) (13)<br />
Tax calculated at a tax rate of 17% (2017: 17%) (1,613) (2)<br />
Expenses not deductible for tax purposes 408 463<br />
Unutilised losses carried forward (6,518) (6,979)<br />
Unutilised approved donations carried forward (765) (765)<br />
Deferred tax asset not recognised 8,488 7,283<br />
- -
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
45<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
TAXATION (CONT’D)<br />
<strong>2018</strong> 2017<br />
$ $<br />
Deferred tax assets not recognized:<br />
Unutilised tax losses 7,723 6,518<br />
Unutilised approved donations 765 765<br />
8,488 7,283<br />
Deferred tax assets arising from unutilised tax losses and unutilised approved donations<br />
have not been recognised as the availability of future taxable profit is still uncertain against<br />
which the company may utilize the benefits.<br />
As at 31 December <strong>2018</strong>, the Company has unutilised tax losses and unutilised approved<br />
donations of approximately $45,000; $4,000 (2017: $38,000; $4,000) available for set-off<br />
against future taxable profits subject to the provisions of Sections 37 of the Income Tax Act<br />
and agreement with tax authorities.<br />
b) Movements in provision for taxation for the financial year are as follows:<br />
<strong>2018</strong> 2017<br />
$ $<br />
Balance at beginning of the financial year - -<br />
Current year’s tax expense - -<br />
Income tax paid - -<br />
Balance at end of the financial year - -<br />
6. FINANCIAL RISKS AND FAIR VALUES<br />
The Association is exposed to financial risks arising in the normal course of association<br />
operations.<br />
a) Liquidity risk<br />
The Association monitors and maintains a level of cash and cash equivalents deemed<br />
adequate by the Management Committee to finance the Association’s operations and<br />
mitigate the effect of fluctuations in cash flow.
<strong>YSA</strong><br />
ANNUAL REPORT<br />
<strong>2018</strong><br />
46<br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
(Registered under The Societies Act. Cap. 311)<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2018</strong><br />
FINANCIAL RISKS AND FAIR VALUES (CONT’D)<br />
b) Interest rate risk<br />
The Association is not exposed to interest rate risk as it has no interest-bearing<br />
borrowings.<br />
c) Credit risk<br />
Cash is placed with creditworthy financial institutions. The maximum exposure to credit<br />
risk is represented by the carrying amount of each financial asset in the balance<br />
sheet.<br />
d) Fair values<br />
The fair values of financial assets and financial liabilities approximate the carrying<br />
amounts of those assets and liabilities reported in the balance sheet.<br />
7. OTHER INFORMATION<br />
YOUNG SIKH ASSOCIATION (SINGAPORE) is registered under Societies Act. Cap. 311 with its<br />
registered office at Sikh Centre, 8 Jalan Bukit Merah, Singapore 169543.<br />
8. AUTHORISATION OF FINANCIAL STATEMENTS FOR ISSUE<br />
The financial statements for the financial year ended 31 December <strong>2018</strong> were authorised for<br />
issue by the Management Committee on
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
FULFILLING ASPIRATIONS…<br />
Young Sikh Association (Singapore) or <strong>YSA</strong> was established in August 2003 to fulfill the aspirations of young<br />
Singaporeans.<br />
<strong>YSA</strong> reaches out to young Singaporeans with the aim of understanding and appreciating their aspirations, and<br />
integrating these aspirations into the Singapore society through enhancing mutual understanding on issues<br />
of common concern and fostering friendships across ethnic groups in Singapore, the region and the world.<br />
Objectives<br />
• To enhance understanding of national issues among young Singaporeans and to encourage them to<br />
contribute to the betterment of our society as thoughtful and responsible citizens.<br />
• To provide platforms for young Singaporeans to strive for intellectual and professional development.<br />
• To strengthen inter-racial friendship and harmony by organising and actively participating in intercommunity<br />
activities.<br />
• To foster community spirit among young Singaporeans through community service at home and abroad.<br />
• To build networks with local and international youth groups so as to foster national identity and a global<br />
mindset among young Singaporeans.<br />
Programmes<br />
As a totally independent youth organisation, <strong>YSA</strong>’s programmes are initiated by young Singaporeans for<br />
young Singaporeans in particular, and Singapore society in general.<br />
From lectures, dialogue sessions, seminars and professional development workshops to bhangra<br />
competitions, cultural shows and sports activities, they choose their avenues of aspiration and integration.<br />
• Conferences and Seminars<br />
• Intellectual and Professional Development<br />
• Community Service<br />
• Culture<br />
• Sports<br />
Membership<br />
• Ordinary Membership: For Sikhs and non-Sikhs from the ages of 16 to 50 years residing in Singapore. They<br />
have the right to vote.<br />
• Associate Membership: For Sikhs and non-Sikhs of all ages residing in Singapore. They are not eligible to<br />
vote.<br />
Young Sikh Association (Singapore)<br />
c/o Sikh Centre<br />
8 Jalan Bukit Merah, Singapore 169543<br />
Tel : (65) 6327 2007/5 Fax : (65) 6327 2009<br />
Email : enquiry@ysas.org Website : www.ysas.org<br />
Young Sikh Association – Singapore @ysa.sg