YSA Annual Report 2018

ANNUAL 

REPORT 

2018 

Our Mission 

Fulfilling Aspirations…

YSA 

ANNUAL REPORT 


3 

Contents 

Mission 4 

President’s Message 5 

The Year in Review 7 

Panel of Advisors 9 

Executive Committee 10 

Report of the Executive Committee 11 

Leadership Transition 12 

- A Time of Change at YSA 14 

Community Service 15 

- Certificate Presentation Ceremony for Project Khwaish XVII 16 

- An Outing with Senior Citizens 19 

Conferences & Seminars 21 

- Ninth Khwaish Lecture 22 

Intellectual & Professional Development 24 

- Sikh Graduate Tea Reception 2018 25 

Sports 27 

- YSA ‘Racial Harmony’4-A-Side Football Tournament 2018 28 

Financial Report 31


ANNUAL REPORT 


4 

MISSION 

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 youth 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. 

Fulfilling Aspirations…


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5 

PRESIDENT’S MESSAGE 

Mr Sarabjeet Singh 

YSA’s mission is to fulfill the aspirations of young Singaporeans. This is a deceptively simple way to 

articulate an increasingly complex, and at times what seems like a mammoth task we are committed 

to. I reflect on this with humility and immense gratitude for the support that YSA has received as we 

went about our work the past year. 

We sometimes may not realise and fully appreciate how diverse and heterogeneous the “youth” 

category is. Within this diversity, youth in fact have different, even multiple aspirations, and rightly so! 

Our work in the past year especially made us aware of how YSA must continue to evolve to better 

engage and provide youth with platforms and opportunities that get them some steps closer to 

realising their aspirations. 

YSA is one institution in the proverbial village which works to meaningfully engage and nurture 

youth. The common purpose and alignment of our objectives with those of partner organisations 

in the youth sector enabled us to accomplish much the past year. To this end, we have quite 

deliberately sought new partners, and developed even deeper relationships with existing partners. 

One example was the Khwaish Lecture series. This used to be an effort YSA undertook mainly on its 

own in the past. Increasingly though, we have realized that the inputs from partner organisations, 

with some helmed entirely by youth such as the University Sikh Societies and the SINDA Youth Club 

to name a few, have resulted in some significant deviations from how we operated in the past. For 

instance, these lecture series of course continue to be about serious issues that affect our nation 

and society. However, this does not mean that youth cannot engage with these issues in more lively 

and dynamic ways, and in settings that make them feel more comfortable and are also fun. Such 

partnerships therefore are not only about seeking and providing new opportunities and platforms, 

but crucially they are also about relooking and refreshing our existing ones.


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This brings me to what we observe as an earnest and sincere desire by various organisations and 

institutions to engage youth. These include organisations and institutions within our Sikh Community 

too. By the same token, we also observe that youth who are passionate about issues and causes 

increasingly want more autonomy. Is it possible to balance these aims? Going forward, how can 

we do so? 

In this regard, YSA too finds itself in a position where we can appreciate this desire for greater 

autonomy. We empathise with the youth who request the same. At the same time, we find youth 

also giving us feedback that they are not satisfied with simply participating at our platforms. They 

want to lead and drive them. Our experience has shown this is possible and in fact should be 

encouraged. It is how we value-add to our suite of youth platforms. This particularly resonates with 

me given my personal experience as a youth volunteer with YSA as I was given the resources and 

importantly the trust to lead projects I had a deep interest in. 

We move forward and look to 2019 with hope that more youth will feel they are given the trust and 

are empowered to co-construct initiatives which they feel will be of benefit to their peers and the 

community. With that, I thank you once again for your support, and hope you enjoy reading YSA’s 

annual report for 2018.


ANNUAL REPORT 


7 

THE YEAR IN REVIEW 

The year 2018 was a significant year for YSA. 

YSA welcomed its third President, Mr Sarabjeet 

Singh who took over from Mr Malminderjit 

Singh. 2018 was also the year where after an 

extremely exciting 2017, YSA decided to focus 

on its core activities. 

We are humbled that together with our 

volunteers and partners, we continue to make 

an impact and add value to the non-profit 

sphere. 

Creating a Caring Community 

It is important to YSA to create and encourage 

a culture of kindness which enriches our value 

system and develops individuals of good 

character who contribute to the community. 

This will create a caring and empathic 

community. In order to do this, we at YSA came 

up with and supported various programmes 

that helped to develop care, compassion and 

empathy to others. 

One such programme is the Khwaish Expedition 

Project. This community service project provides 

its participants with the opportunity to serve 

internationally. The youth get to experience 

an enriching journey of personal growth 

while immersing themselves in a new cultural 

experience. In December 2017, a group of youth 

embarked on the 17th run of this project. 

In order to recognize their efforts and to learn 

more about their experience, YSA organized 

the certificate presentation ceremony at 

Singapore Khalsa Association in March 2018. 

The participants got to share with the Guest of 

Honour, Mr Amrin Amin about the life enhancing 

community service they participated in where 

they put together a full-fledged library and 

made improvements to the school. 

Another effort by YSA to create a caring 

community where we show kindness and 

concern to one another was the outing for 

wheelchair-bound seniors from Sree Narayan 

Mission. This initiative enabled us to serve 

our elders and bond with them through a 

community meal at the Central Sikh Temple. 

We also got to hear their tales about a younger 

Singapore as we explored the Indian Heritage 

Centre with them. 

These programmes enable us to come together 

to create a caring community where we help 

one another selflessly. 

Encouraging Active Citizenry 

YSA recognizes that our youth are our future 

and as such we have worked hard to expand 

the access to platforms for active citizenry 

for our youth. One way in which we have 

done this, is to create platforms such as the 

Khwaish Lecture for our youth. The Khwaish 

Lecture series provides young Singaporeans 

with the opportunity to gain greater insights 

on relevant issues while allowing them to 

engage with leaders from different fields on 

the various issues impacting Singapore but 

with a global focus.


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8 

In July 2018, YSA held its Ninth Khwaish Lecture 

with Mr Bilahari Kausikan as the guest speaker. 

The session first engaged the participants in 

discussions on the subject matter at hand and 

later allowed the participants to hear from Mr 

Kausikan on ‘The Foundation of Singapore’s 

Foreign Policy’. It was an enriching session for 

the youth who attended. 

Recognizing Achievements 

It is also important to YSA to recognize the 

efforts and achievements of our youth. An 

annual event at YSA that does just that is the 

Sikh Graduates Tea Reception. The Reception 

provides Sikh youth with the opportunity to 

network with each other but more crucially, 

it recognizes and celebrates the academic 

achievements of these youth including those 

who have pursued post graduate studies and 

continuous learning. 

In October 2018, the Sikh Graduates Tea 

reception saw over 35 graduates receive their 

appreciation plaques from Guest-of-Honour, Mr 

Ng Chee Meng. 

YSA’s annual racial harmony football 

tournament is another. This tournament brings 

together individuals from different ethnicities, 

age groups and backgrounds. The players, 

regardless of race and language, play together 

in the field while the side activities outside the 

field also sees players building bonds as they 

support and cheer each other on. 

The 14th Racial Harmony Football Tournament 

was held in March 2018 with Guest of Honour, 

Mr Louis Ng gracing the event. It is a platform 

which not only helps to build bonds in the 

community but also promotes a healthy lifestyle 

of sports and physical activity. 

Looking Ahead 

The last one year has been fulfilling. We at YSA 

will continue to work hard to reach out to youth 

with the aim of understanding, appreciating 

and fulfilling their aspirations. We also strive 

to bring to you more exciting initiatives and 

programmes to benefit our youth and society. 

With your continuous support, we can make a 

difference! 

Building Bonds in the Community 

We at YSA also strongly believe in crossing 

barriers of race, religion and language in 

our programmes. This way our activities and 

programmes are inclusive and bring about 

various positive benefits in various segments of 

the community. The Ninth Khwaish Lecture was 

one such programme.


ANNUAL REPORT 


8 YSA ANNUAL REPORT 2017 

9 

PANEL OF ADVISORS 

Dr 

Dr Mohamad 

Mohamad Maliki 

Maliki Osman 

Osman 

 

Senior Minister of State, 

 

Ministry of Defence & Ministry of Foreign Affairs 

Mayor, South East District 

Mr 

Mr Davinder 

Davinder Singh 

Singh 

 

Executive Chairman 

 

Davinder Singh Chambers LLC 

Mr 

Mr Inderjit 

Inderjit Singh 

Singh 

 

Founder and Chief Executive Officer, 

 

Infiniti Solutions 

 

Executive Chairman, Tri-Star Electronics 

HE 

HE Mr 

Mr Karan 

Karan Singh 

Singh Thakral 

Thakral 

 

Executive Director, Thakral Group of Companies 

 

Singapore’s Non-Resident Ambassador to Denmark 

Professor Tan Tan Tai Yong Tai Yong 

President 

 

Yale-NUS College

Ms Mr Malminderjit Amarpreet Kaur Singh 

YSA Assistant PresidentTreasurer 

ANNUAL REPORT 


EXECUTIVE COMMITTEE 

10 

Ms Harsimar Balveen Kaur 

 

 

Editor, Khwaish Newsletter 

YSA ANNUAL REPORT 2017 

MITTEE 

EXECUTIVE Mr Malminderjit Mr Malminderjit Singh Singh 

Ms Mr Kulwant Rashvinpal Singh Kaur Dhaliwal 

COMMITTEE 

President President 

 

 


 

Ms Balveen 

Ms Mr Sarabjeet Sithara Mr Mr 

Ms Mr Malminderjit 

Ms 

Sarabjeet Malminderjit 

Balveen Kaur 

Perinder 

KaurSingh 

Kaur 

Doriasamy Singh 

Singh 

Singh 

 

 

 

President 

President 

 

President 

 



Mr Malminderjit Singh 

Mr Kulwant 

Ms Mr Rashminder Harjean Ms 

Mr Ms 

Mr 

Kulwant Balveen Singh 

Kuldip Balveen Singh 

Singh Kaur 

President 

Ms Balveen 

Kaur Singh 

Kaur 

 

Kaur 

 

 

 

 

 

Vice President (Administration) 

 

 

Ms Balveen Kaur 

Mr Sarabjeet 

Mr 

Mr 

Ravinderpal 

Malminderjit 

Mr Mr Mr 

Ms Kulwant 

Sarabjeet Kulwant Singh Singh 

 

Sukvinderpal Singh 

Singh 

Kaur 

 

Assistant 

President 

Vice 

 


 

President Secretary 

(Corporate Relations) 

MITTEE 

Mr Malminderjit 

Mr Rashminder 

Ms 

Ms 

Sukhjeevanth 

Balveen Mr Mr 

Mr Jeevan Sarabjeet 

Rashminder Sarabjeet Malminderjit 

Kulwant Singh 

Singh Singh 

Jeevan Kaur Singh 

Singh 

Kaur 

Singh 

Singh Singh 

President 

Sandhu 

Sandhu 

 

 

 

Vice 

 

President 

 

 

President (Community Relations) 

 

 

Ms Balveen 

Mr Ravinderpal 

Ms 

Mr Kulwant 

Amarpreet Mr Mr Ms 

Mr Ms Sarabjeet Rashminder 

Ravinderpal Rashminder Balveen 

Perinder Kaur 

Singh Kaur 

Kaur Singh 

Singh 

 

Amritpal Singh Singh 

Kaur 

Singh 

Assistant 

Assistant 

 

Honorary 

Assistant 

 

 

 

Secretary 

 

 

Secretary 


Treasurer Secretary 

 

 

Mr Kulwant 

Ms Sukhjeevanth Sukhjeevanth Kaur 

Ms 

Mr Sarabjeet 

Harsimar Mr 

Ms Mr 

Mr Ravinderpal Kulwant 

Rashminder Kuldip Singh Singh 

Ms Ravinderpal Singh 

Singh 

Kaur Singh 

 

Rasveen Kaur 

Kaur 

Singh 

Singh 

Kaur 

 

 

 

Assistant Assistant 

 

 

Secretary 

 

 

Secretary 

 

Editor, Khwaish Newsletter 

MITTEE 

Mr Sarabjeet 

Ms Amarpreet Ms Ms 

Mr Rashminder 

Rashvinpal Ms Ms Mr 

Mr Ms Sarabjeet 

Ravinderpal Sukhjeevanth 

Amarpreet Sukhjeevanth 

Sukvinderpal Singh 

Perinder Kaur Kaur Singh 

Singh Kaur 

Kaur Kaur 

 

Vithya Subramaniam 

Honorary Kaur 

Singh 

Dhaliwal 

Kaur 

Assistant 

 

 

 

Assistant 

 

Assistant 

Secretary 

 

Treasurer Treasurer 

 

 

 

 

 

Mr Rashminder 

Ms Harsimar Ms Ms 


Sithara Ms Ms Ms Mr 

Mr 

Rashminder Jeevan Sukhjeevanth 

Kuldip Amarpreet 

Harsimar Amarpreet 

Singh 

Kaur Singh Kaur Kaur Singh Sandhu Kaur 

 

Sheena Doriasamy 

Singh Gill 

Kaur 

 

Treasurer 

 

Assistant Assistant Assistant 

 

 

Treasurer 

 

 

Secretary 

Treasurer 

Editor, Editor, Khwaish Newsletter 

 

 

Khwaish Newsletter 

 


Ms Rashvinpal Mr Ms 

Ms 

Harjean 

Sukhjeevanth 

Digital Ms Ms Mr Ravinderpal Amritpal Amarpreet 

Mr R Harsimar 

Rashvinpal Harsimar 

Singh 

Kaur 

Sukvinderpal Kaur Kaur 

Logapreyan 

Lead Kaur 

Kaur 

Kaur Dhaliwal 

SinghDhaliwal 

Assistant 

Kaur 

 

 

 

 

 

Assistant 

Assistant 

Secretary 

Secretary 

Treasurer 

 

 

Editor, Editor, 

 


 

 


 

Ms Sukhjeevanth 

Ms Sithara Ms Rasveen Kaur 

Ms Amarpreet 

Committee Ms Ms Mr Jeevan 

Mr Nirmal Rashvinpal 

Sithara Rashvinpal Sukhjeevanth 

Harsimar Rasveen Kaur 

Doriasamy Doriasamy Singh Kaur 

Member 

Singh Kaur 

Kaur Sandhu 

Kaur Dhaliwal 

 

and Editor, 

Dhaliwal 

 

Assistant 

Khwaish 

 

 

 

Editor, Treasurer 

 

Newsletter 

 

 

 


 

 

 

Ms Amarpreet Ms Ms Harjean 

Ms Harsimar Committee Ms Ms Mr Amritpal Sithara 

Harjean Sithara Amarpreet 

Rashvinpal Vithya Kaur Subramaniam 

Kaur Doriasamy 

Alisha Member Kaur Gill 

Doriasamy 

Kaur Singh 

Kaur 

Kaur Dhaliwal 

Assistant 

 

and Deputy Editor, 

 

Khwaish 

 

Assistant 

 

Treasurer Treasurer 

 

 

Newsletter 

Editor, 

 

 

 

 


 

 

 

Ms Harsimar Ms Ms Rashvinpal Ms 

Harjean Harsimar 

Sithara Sheena Kaur Doriasamy Gill 

Harjean Rasveen Kaur 

 

Kaur Kaur 

Dhaliwal 

 

Editor, 

 

Editor, 

 

 

Khwaish Khwaish Newsletter Newsletter 

 

 

 

 

9 

9 

9 

Mr Malminderjit Singh 

Mr President 

Ms Sarabjeet Sheena Perinder Gill Kaur Singh 


 

YSA ANNUAL ANNUAL REPORT REPORT 2017 20179 

 

 

 

Ms Balveen Kaur 

Mr 

Rashminder R Kuldip Logapreyan Singh Singh 


 

 


 

 

9 

EXECUTIVE 

COMMITTEE 9 

Mr Ms Kulwant Perinder Ms Perinder Singh Kaur Kaur 

Mr 

Ms 

Ravinderpal Nirmal Sukvinderpal YSA Singh 

ANNUAL Singh Kaur REPORT 2017 

Assistant 

 

Secretary 

 

Mr Sarabjeet Kuldip 

Ms 

Ms Mr Jeevan Sukhjeevanth Ms 

Mr Ms Kuldip Perinder Singh Singh 

Perinder Kaur 

Singh Kaur 

Sandhu Kaur 

Ms 

 

Alisha 

 

 

Gill 

YSA ANNUAL REPORT 2017 9 

 

 

 

Committee Member 

 

Ms Perinder Kaur 

Mr Ms Rashminder Sukvinderpal 

Ms Mr Amarpreet Mr 

Ms Mr Kuldip Kuldip 

Sukvinderpal Singh Kaur 

 

Singh 

Kaur 

 

Kaur 

Assistant 

 


Mr Amritpal 

YSA Singh ANNUAL REPORT 20179 

Treasurer 

 

 

 


 

Mr Kuldip Singh 

Mr Ravinderpal Jeevan Ms Rasveen 

Perinder Ms 

Mr Ms Jeevan Sukvinderpal Singh Sukvinderpal Singh Sandhu Kaur 

 

Kaur 

Kaur 

Sandhu 

Ms Assistant Harsimar 

 

 

Secretary 

 

Kaur 

Committee 

Editor, 

 

 

 

Member 

 


Ms Perinder 

Ms Mr Amritpal Sukhjeevanth 

Ms Mr Kuldip Rashvinpal Vithya Mr Mr Ms 

Ms Jeevan 

Amritpal Jeevan Perinder 

Sukvinderpal Kaur 

Singh Singh 

Singh 

Subramaniam Kaur Singh 

Singh Kaur 

Kaur 

Sandhu 

Dhaliwal 

Sandhu 

 

 

 

 

Mr Kuldip Singh 

 

 

 

 

 

 

 

 


 

 

 

Mr Kuldip Mr Jeevan 

Ms Amarpreet Rasveen Ms Sithara Sheena 

Sukvinderpal Mr 

Ms Mr Amritpal Kuldip 

Singh Singh Sandhu 

Amritpal 

Rasveen Kaur Singh Kaur Singh 

Doriasamy Gill 

Singh 

Kaur 

Mr 

Assistant 

Kaur 

Nirmal 

 

Treasurer Singh 

Committee 

 

 

 

 

 

 

Member 

 

 

 

Ms Sukvinderpal 

Ms Harsimar Vithya 

Ms Mr 

Mr 

R 

Jeevan Harjean Ms Ms 

Mr Amritpal 

Logapreyan 

Rasveen 

Vithya Rasveen Sukvinderpal 

Singh Kaur 

Subramaniam 

Kaur 

Kaur Kaur 

Ms 

Sharan Singh Kaur 

Kaur 

Sandhu 

 

 

Dhaliwal 

Committee 

Editor, 

 

 

 

 

 

 

 

Khwaish 

Member 

Newsletter 

 

 

 

Mr Jeevan 

Ms Rashvinpal Mr 

Mr 

Nirmal 

Amritpal Ms Ms Mr 

Ms 

Jeevan 

Rasveen Vithya 

Sheena Vithya 

Singh 

Gill Subramaniam 

Kaur Singh 

Kaur Sandhu 

Singh 

Singh 

Subramaniam 

Gill Dhaliwal Sandhu 

Ms 

Sheena 

 

 

 

 

Gill 

Committee 

 

 

 

 

 

 

 

 

Member 

 

 

 

Mr Amritpal 

Ms Mr R Sithara 

Ms 

Ms 

Alisha 

Rasveen Ms Ms Mr 

Ms 

Logapreyan R Amritpal 

Vithya 

Sheena 

Singh Subramaniam 

Sheena Doriasamy Gill Singh 

Ms 

Sithara 

Gill 

Kaur 

Gill 

 

 

 

 

Doriasamy 

Committee 

 

 

 

 

 

 

 

 

Member 

 

 

 

Ms 

Ms 

Mr Nirmal Harjean 

Rasveen 

Ms Vithya Mr Mr Ms 

Ms Nirmal R Rasveen 

Sheena Gill 

Logapreyan 

Logapreyan 

Singh Kaur 

Kaur 

Singh Kaur 

Ms 

 

 

Sonya 

Subramaniam 

 

 

Gill 

Committee 

 

 

 

 

 

 

 

 

Member 

 

Ms Alisha 

Ms Sheena Mr Mr Ms 

Mr R 

Nirmal Nirmal 

Alisha Vithya 

Logapreyan 

Ms 

Ms 

Vithya 

Vithya 

Subramaniam 

Subramaniam 

Gill Gill Singh 

Gill 

Singh 

 

 

 

 

Committee 

 

 

 

 

 

 

Member 

 

Ms Sheena Ms 

Mr Nirmal 

Alisha Sheena Gill Singh 

Gill Gill 

Mr 

R Ms 

Logapreyan 

Alisha Gill 

 

 

 

 

 

 

 

 

 

Mr R Mr 

Ms Logapreyan R 

Alisha 

Logapreyan 

Gill 

Mr 

Nirmal 

Singh 

 

 

 

 

 

9 

9

REPORT OF THE 

EXECUTIVE COMMITTEE


ANNUAL REPORT 


12 

LEADERSHIP TRANSITION


ANNUAL REPORT 


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ANNUAL REPORT 


14 

A Time Of 

Change 

At YSA 

In November 2018, YSA witnessed a change 

of leadership. Mr Sarabjeet Singh took over as 

the third President of YSA, after Mr Malminderjit 

Singh stepped down following 6 years of service 

as YSA’s president. Prior to serving as YSA’s 

president, Mr Malminderjit Singh had been 

serving the community through YSA in various 

capacities, first as an Executive Committee 

member and then as the Vice President. 

Similarly, Mr Sarabjeet Singh too is no stranger 

to YSA. 

Mr Sarabjeet Singh started his journey at YSA 

as a volunteer for Project Khwaish in 2006. After 

the enriching and eye-opening experience 

at Khwaish and appreciating the work that 

YSA does, Mr Sarabjeet Singh had the urge 

to contribute further to the community and 

as such, his first official stint at YSA was as the 

editor of this very newsletter. Mr Sarabjeet Singh 

became more involved in various community 

initiatives. Seeing his passion to serve the 

community and striving for its betterment, Mr 

Sarabjeet Singh is indeed the best candidate 

to step into Mr Malminderjit Singh’s shoes as 

the third President of YSA. 

Succession planning is of great importance 

at YSA. YSA is a key part of the institutional 

landscape in the Sikh community and in 

the larger society. It has also earned a good 

reputation of organizing and delivering a 

consistently high level of activities that are 

enjoyed by both members of the community 

and individuals in the wider society. Therefore, 

it is crucial that the next President of YSA is 

someone who is able to take on this huge 

responsibility as well as take YSA to greater 

heights. 

Since the beginning of YSA’s history, mechanisms 

have been put in place to identify and groom 

individuals with leadership potential so as to 

ensure that YSA, as an organization, will live up 

to its mission of fulfilling the aspirations of young 

Singaporeans. The members of the Executive 

Committee made a commitment to one 

another to always add value to the community, 

to do their best and push personal boundaries. 

The Executive Committee is also committed to 

put the interest of YSA and the community first 

and that includes not hanging on to positions 

beyond their ability to contribute when serving 

as a member of the Executive Committee. With 

this commitment, the members of the Executive 

Committee will enable YSA to consistently 

initiate efforts and deliver high quality activities 

for the betterment of the youth in our society. 

In addition to this commitment, the leadership 

also actively identifies and grooms individuals 

with leadership potential as part of the 

succession plan at YSA. The leadership then 

provides these individuals with opportunities 

to take the reign in planning and executing 

important activities at YSA. These individuals 

are also assigned to key appointments so that 

they can understand the responsibilities of that 

particular role and recognize the various facets 

of YSA so that when the time comes, they will be 

ready to assume the mantle of leadership.


ANNUAL REPORT 


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COMMUNITY SERVICE


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16 

Certificate 

Presentation 

Ceremony for 

Project Khwaish XVII 

Since 2003, YSA has embarked and completed 17 community projects in Punjab. The year 2017 

was no different. Twenty young Singaporeans, led by a veteran leader participated in a journey of 

selfless and charitable service in aid of underprivileged and needy children in Punjab, India. The 

volunteers, made up of multi-racial Singaporeans, spent three weeks in December 2017 as part of 

YSA’s Project Khwaish XVII community service at the Government Primary School in Rattoke village 

of Sangrur district. 

During the project from 8 to 31 December 2017, the expedition team painted the school, set up a 

library filled with about 2,500 books and assisted in the renovation of the school’s toilets. The team 

also presented gifts, toys, stationery and clothes to all of the students as well as special prizes to the 

top three students in each level and prizes to the top male and female student. The team personally 

handed out clothes to the villagers and the needy. The team also took time off their busy schedule 

to interact with the students and teachers, and participated in games with the students. 

In order to recognize the voluntary work of the participants of this round of Project Khwaish, YSA 

organized a certificate presentation ceremony. During the ceremony at the Singapore Khalsa 

Association on 16 March 2018, the Guest of Honour, Parliamentary Secretary for Health and 

Home Affairs, Mr Amrin Amin, stated that, “The expedition team was made up of participants from


ANNUAL REPORT 


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different ethnic and cultural backgrounds. By 

working together, I am sure that your efforts 

have impacted the local community in Rattoke 

village in a positive and meaningful way. At the 

same time, I am certain that it was an enriching 

experience for the team members, opening 

their eyes to the plight of others and teaching 

them the important life lesson of offering a 

helping hand to those in need and giving back 

to the community.” 

In complimenting the Sikh community on 

its significant contributions to Singapore. Mr 

Amrin stated, “The Sikh community is a vibrant 

component of our society and has a long 

tradition of serving the larger community, such 

as through providing food and shelter at the 

gurdwaras (which are Sikh places of worship). 

The Sikhs number between 10,000 and 12,000 

in Singapore but the community’s contributions 

to Singapore have been significant.”


ANNUAL REPORT 


18 

Also speaking at the ceremony, one of the 

participants, Ms Rajveen Kaur, shared, “if one 

was to ask me what I have gained from Project 

Khwaish XVII, I would say that it is the value 

of teamwork and the 20 other participants 

who have become family. I have also learnt 

that some of the best things in life – the love 

and blessings of an entire village, come at no 

additional cost.” 

Mr Faraaz Amzar Mohamed Farook, another 

participant who also shared his experiences 

during the project, was impressed with the 

children at the school. He stated, “They displayed energy, youthful curiosity and a never-ending 

thirst for life. Somehow, with the absence of modern technology, their minds and bodies appeared 

more active. They found joy in the smallest of things. I remember one boy who was elated simply 

because I stopped to speak with him and play a simple game with him.” 

The project was supported by the Youth Expedition Project (powered by Youth Corps Singapore), the 

Lee Foundation, TriStar Electronics, Thakral Group, Labour Tel Management Corporation Pte Ltd, and 

individual donors and well-wishers.

An 

Outing with 

Senior Citizens 


ANNUAL REPORT 


19 

On 19 May 2018, YSA organized an outing for 

wheelchair-bound seniors from Sree Narayan 

Mission. The day started with a visit to the Indian 

Heritage Centre. 

At the Centre, the seniors were given a lesson on 

various aspects of Indian culture as a tour guide 

brought everyone around the centre to view the 

different exhibits. The seniors also got to watch a 

short film on the history of movement of Indians 

in Singapore. It was heartening to hear some of 

the seniors enthusiastically identifying the names 

of familiar religious artifacts, streets or structures, 

showing the volunteers that this experience was 

definitely an interesting trip down memory lane 

for them. 

Shortly after a mini handicraft session, the team 

of volunteers took the seniors to the Central Sikh 

Temple. However, they were confronted with 

uncooperative weather. The heavy rain paired 

with the tough parking situation in Little India 

posed quite a challenge for the staff of the Mission 

and the team of volunteers. Nevertheless, armed 

with ponchos and umbrellas, they proceeded to 

ferry the seniors one at a time to the vans. 

For most of the seniors, this visit to the Central 

Sikh Temple was their first visit to a gurdwara. They 

were all smiles as they enjoyed a ‘cheat meal’ – 

a cup of sweet bandung (rose syrup with milk) 

and cha (tea), along with crispy pakoray (fritters) 

at the langar hall (community kitchen). After 

the shared meal, the team planned to bring the 

seniors to the Darbar Sahib (prayer hall) to seek


ANNUAL REPORT 


20 

Guru Ji’s blessings. However, at this point, the team 

of volunteers were confronted with yet another 

challenge – the temple had a lift breakdown. They 

had to think of an alternative way to shuttle the 

wheelchair bound seniors to the Darbar Sahib, 

which was on the second floor. The kind migrant 

workers at the temple approached the volunteers, 

offering to assist by physically carrying the seniors, 

one at a time and on their wheelchairs, up the flight 

of stairs to the Darbar Sahib. The collaborative effort 

between the migrant workers and the volunteers 

was a success, and the seniors were given the 

opportunity to experience a prayer session in the 

Darbar Hall. 

This outing showed the spirit of sewa (selfless 

service). This was observed in everyone that day, 

from the volunteers to the migrant workers in the 

temple. Even the people the team and the seniors 

encountered on the streets earlier in the day 

displayed such spirit. When having to reserve a 

spot for the van with the seniors to drop them off 

at Centre, the team of volunteers had to approach 

the many who were attempting to park at the said 

spots. These individuals were very understanding 

and were willing to find other spots. 

This opportunity to volunteer and participate in this 

outing served as a reminder to everyone to always 

have a positive attitude about sewa and to continue 

encouraging others to do the same.


ANNUAL REPORT 


21 

CONFERENCES & SEMINARS


ANNUAL REPORT 


22 

Ninth Khwaish 

Lecture 

On ‘The Foundation of 

Singapore’s Foreign Policy’ 

YSA held its Ninth Khwaish Lecture on ‘The 

Foundation of Singapore’s Foreign Policy’ on 

21 July 2018. The guest speaker was Bilahari 

Kausikan, Former Permanent Secretary, Ministry 

of Foreign Affairs, Singapore. This event was 

attended by more than 150 participants of 

various ethnic backgrounds and ages. 

During the event, the retired diplomat shared 

his experiences and insights into Singapore’s 

distinctive features as a new and small state in 

a turbulent global and regional environment. 

Mr Kausikan began his lecture by explaining 

the root of foreign policies and clarifying the 

meaning of friendly relations among countries 

“The idea of friendship between countries is 

very fundamentally different (compared to the 

idea of friendships between people). When 

a country says we have friendly relations, it 

means that our national interests are aligned. 

This concept of interest is the most fundamental 

concept of all foreign policies and relations”, 

he stated.


ANNUAL REPORT 


23 

Mr Kausikan added that a country’s 

core interests derive from the nature of 

its state. “Our (Singapore’s) core interest 

is how we choose to organize ourselves 

and how we choose to organize 

ourselves is under pressure and it has 

been under pressure since 10 August 

1965.” He opined that the uniqueness of 

Singapore is under pressure as identities 

continue to evolve, transform and adapt 

to changing times. “If we are not vigilant 

or aware of our external threats, we can 

easily be swayed”, he cautioned. 

Mr Kausikan cited China’s perceived attempt to influence Singapore’s identity, arguing that it 

does not understand Singapore’s dynamics. “It sees Singapore as a Chinese country because it 

(Singapore) happens to have a majority of Chinese as its population”, he explained. Mr Kausikan 

also mentioned various ways in which China influences operations and he cautioned Singaporeans 

to stay vigilant. “Singapore is a young idea, it is 53 years old and that has gone by in the blink of an 

eye. Identities constantly evolve, change and adapt. The basis of our creation is continued success 

… but, if Singapore fails as a country, there is no intrinsic value because we are small”, he said. 

As part of the event, facilitated group discussions were held before the arrival of Mr Kausikan 

in which the participants looked at plausible scenarios that depicted the tensions between 

Singapore’s domestic organizing principles and its foreign policies. Many participants said the 

discussions enabled them to develop a better understanding of the various challenges and threats 

that Singapore may be susceptible to. 

Overall, the session was full of valuable conservations.


ANNUAL REPORT 


24 

INTELLECTUAL & PROFESSIONAL 

DEVELOPMENT

Sikh 

Graduate Tea 

Reception 2018 


ANNUAL REPORT 


25 

Every year, YSA, in collaboration with other 

community organisations such as the Central 

Sikh Gurdwara Board and the Singapore 

Khalsa Association, organizes the Graduate Tea 

Reception to recognize an important milestone 

in the lives of our youth, their graduation. Last 

year was no exception. The Sikh Graduate Tea 

Reception 2018 was held at the Singapore Khalsa 

Association on 13 October 2018. 

The event saw over 35 graduates receive their 

appreciation plaques from Guest-of-Honour, Mr 

Ng Chee Meng, Minister in the Prime Minister’s 

Office and Secretary-General of NTUC. Mr Ng, 

in his address to the graduates, talked about 

the importance of adaptability and seizing the 

opportunities in today’s volatile and disruptive 

market. He also spoke about how crucial it is for 

employees today to possess both technical and 

soft skills as in addition to one’s technical expertise, 

soft skills like compassion and a strong character 

are sought after too.


ANNUAL REPORT 


26 

The graduates were also treated to a talk on changing hiring and human resources practices as 

companies adjust to disruptions and shifts in the market by guest speaker, Mr Martin Tan, the executive 

director of The Majurity Trust. This talk was extremely relevant and welcomed by the graduates as many 

were entering the workforce. 

However, while it is important for youth to develop themselves and strive for the best in their career, YSA’s 

then President, Mr Malminderjit Singh, also stressed that they should not let go of the desire to participate 

in community activities. 

The Sikh Graduate Tea Reception is an important part of YSA’s agenda. It is 

an excellent networking opportunity and a great platform for young Sikhs 

to learn from industry experts such as Mr Martin Tan.


ANNUAL REPORT 


27 

SPORTS


ANNUAL REPORT 


28 

On 24 March 2018, Member of Parliament for Nee 

Soon GRC, Louis Ng, donned his football attire 

and goal keeping gloves to participate in the YSA 

‘Racial Harmony’ 4-A-Side Football tournament at 

Kovan Sports Centre. He kicked off the event by 

playing in an exhibition match involving players 

from different ethnic groups and backgrounds. 

Following a number of saves during the match, 

Mr Ng commented that, “I double confirm that 

I am getting old but not too old yet to enjoy a 

good game with enthusiastic players here. It is 

heartening to see participants of all races and 

ages come together on a weekend afternoon to 

sweat it out and make friends.” 

The YSA tournament attracted 360 players and 

more than 250 supporters and spectators. The 

annual tournament aims to promote racial 

harmony as it embraces teams consisting 

of players from different communities and 

backgrounds. It also encourages the players to 

get to know one another through the sport as well 


‘Racial Harmony’ 

4-A-Side Football 

Tournament 


as the side activities such as the target shooting 

and juggling competition, and a quiz on Singapore. 

Furthermore, the participants interact and engage 

with one another over some food and drinks 

during the tea reception. The event is also geared 

towards promoting a healthy lifestyle among the 

participants across generations as they come to 

support their family and friends in the tournament. 

During the tournament, side activities were 

organized to continually engage the participants 

as well as provide mini challenges where they 

could walk away with cash prizes. During the target 

shooting competition, the players put their aiming 

skills to good use by hitting cones placed at varying 

heights. The juggling competition required players 

to juggle the ball for as long as they could and this 

required immense determination and focus.


ANNUAL REPORT 


29 

Following more than 100 matches, the event 

ended with the highly-anticipated final between 

MIB (four time champions) and SG Futsal 16 in the 

‘Open’ category. SG Futsal 16 raced to a 2-0 lead 

only for MIB to draw level soon after. SG Futsal 16 

then added two more goals before MIB emerged 

as the ‘Open’ category winners. In the ‘Veterans’ 

category, Thursday Knights A retained the trophy 

for the second year running, while Kardesler Juniors 

B emerged victorious in the ‘Youth’ category and 

OnzXOnz in the ‘Ladies’ category. In the ‘Juniors’ 

category, Junior Starz took home the trophy. When 

asked if his team would be back again next year, 

the captain replied with a confident cheeky grin, 

“Definitely”. 

Mr S Sivakumar, former national football player, 

who was part of Thursday Knights A, stated, “It 

is great to be part of this tournament. It is more 

of a carnival than a real competition. You meet 

old friends and make new ones. The organisers 

always make a conscious effort to get different 

groups of people to be part of the tournament.”


ANNUAL REPORT 


30

Financial Report


ANNUAL REPORT 


32 

YOUNG SIKH ASSOCIATION (SINGAPORE) 

(Registered under The Societies Act. Cap. 311) 

(Club Registration Number: 61-171590000-K) 

ACCOUNTS AND REPORTS 

For the financial year ended 

31 December 2018 

CONTENTS 

Page 

STATEMENT BY MANAGEMENT COMMITTEE 33 

INDEPENDENT AUDITORS’ REPORT 34 - 36 

STATEMENT OF FINANCIAL POSITION 37 

STATEMENT OF INCOME AND EXPENDITURE 38 

STATEMENT OF CHANGES IN FUNDS 39 

STATEMENT OF CASH FLOWS 40 

NOTES TO THE FINANCIAL STATEMENTS 41 - 46


ANNUAL REPORT 


33 



STATEMENT BY MANAGEMENT COMMITTEE 

In the opinion of the Management Committee, the accompanying statement of financial position, 

income and expenditure statement, statement of changes in funds and statement of cash flows 

together with the notes to the financial statements, are drawn up so as to give a true and fair view 

of the state of affairs of YOUNG SIKH ASSOCIATION (SINGAPORE) as at 31 December 2018 and of the 

results, changes in funds and cash flows of the Association for the year then ended on that date. 

The Management Committee has approved these financial statements for issue on 

On behalf of the Management Committee 

MR SARABJEET SINGH 

President 

MS AMARPREET KAUR 

Assistant Treasurer 

Singapore


ANNUAL REPORT 


34 

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF 



Report on the Audit of the Financial Statements 

Opinion 

We have audited the financial statements of Young Sikh Association (Singapore), which comprise 

the statement of financial position as at 31 December 2018, and the statement of income and 

expenditure, statement of changes in funds and statement of cash flows for the year then ended, 

and notes to the financial statements, including a summary of significant accounting policies. 

In our opinion, the accompanying financial statements are properly drawn up in accordance 

with the provisions of the Societies Act, Cap. 311 (the Act) and Financial Reporting Standards in 

Singapore (FRSs) so as to give a true and fair view of the financial position of the Company as at 

31 December 2018 and of the financial performance, changes in equity and cash flows of the 

Company for the year ended on that date. 

Basis for Opinion 

We conducted our audit in accordance with Singapore Standards on Auditing (SSAs). Our 

responsibilities under those standards are further described in the Auditor’s Responsibilities for the 

Audit of the Financial Statements section of our report. We are independent of the Company in 

accordance with the Accounting and Corporate Regulatory Authority (ACRA) Code of Professional 

Conduct and Ethics for Public Accountants and Accounting Entities (ACRA Code) together with 

the ethical requirements that are relevant to our audit of the financial statements in Singapore, and 

we have fulfilled our other ethical responsibilities in accordance with these requirements and the 

ACRA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to 

provide a basis for our opinion. 

Other Information 

The management is responsible for the other information. The other information comprises the 

Statement by Management Committee (set out on pages 2). 

Our opinion on the financial statements does not cover the other information and we do not express 

any form of assurance conclusion thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other 

information and, in doing so, consider whether the other information is materially inconsistent 

with the financial statements or our knowledge obtained in the audit, or otherwise appears to be 

materially misstated. If, based on the work we had performed, we conclude that there is a material 

misstatement of this other information, we are required to report that fact. We have nothing to 

report in this regard.


ANNUAL REPORT 


35 


YOUNG SIKH ASSOCIATION (SINGAPORE) (CONT’D) 


Management Committee’s Responsibilities for the Financial Statements 

The Management Committee members are responsible for the preparation of financial statements 

that give a true and fair view in accordance with the provisions of the Act and FRSs, and for devising 

and maintaining a system of internal accounting controls sufficient to provide a reasonable 

assurance that assets are safeguarded against loss from unauthorised use or disposition; and 

transactions are properly authorised and that they are recorded as necessary to permit the 

preparation of true and fair financial statements and to maintain accountability of assets. 

In preparing the financial statements, management is responsible for assessing the Company’s 

ability to continue as a going concern, disclosing, as applicable, matters related to going concern 

and using the going concern basis of accounting unless management either intends to liquidate 

the Company or to cease operations, or has no realistic alternative but to do so. 

The Management Committee’s responsibilities include overseeing the Company’s financial 

reporting process. 

Auditor’s Responsibilities for the Audit of the Financial Statements 

Our objectives are to obtain reasonable assurance about whether the financial statements as a 

whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s 

report that includes our opinion. Reasonable assurance is a high level of assurance, but is not 

a guarantee that an audit conducted in accordance with SSAs will always detect a material 

misstatement when it exists. Misstatements can arise from fraud or error and are considered material 

if, individually or in the aggregate, they could reasonably be expected to influence the economic 

decisions of users taken on the basis of these financial statements. 

As part of an audit in accordance with SSAs, we exercise professional judgement and maintain 

professional scepticism throughout the audit. We also: 

• Identify and assess the risks of material misstatement of the financial statements, whether due to 

fraud or error, design and perform audit procedures responsive to those risks, and obtain audit 

evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not 

detecting a material misstatement resulting from fraud is higher than for one resulting from error, 

as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override 

of internal control. 

• Obtain an understanding of internal control relevant to the audit in order to design audit 

procedures that are appropriate in the circumstances, but not for the purpose of expressing an 

opinion on the effectiveness of the Company’s internal control. 

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting 

estimates and related disclosures made by management.


ANNUAL REPORT 


36 


YOUNG SIKH ASSOCIATION (SINGAPORE) (CONT’D) 


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

• Conclude on the appropriateness of management’s use of the going concern basis of 

accounting and, based on the audit evidence obtained, whether a material uncertainty exists 

related to events or conditions that may cast significant doubt on the Company’s ability to 

continue as a going concern. If we conclude that a material uncertainty exists, we are required 

to draw attention in our auditor’s report to the related disclosures in the financial statements or, if 

such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit 

evidence obtained up to the date of our auditor’s report. However, future events or conditions 

may cause the Company to cease to continue as a going concern. 

• Evaluate the overall presentation, structure and content of the financial statements, including 

the disclosures, and whether the financial statements represent the underlying transactions and 

events in a manner that achieves fair presentation. 

We communicate with the Management Committee regarding, among other matters, the planned 

scope and timing of the audit and significant audit findings, including any significant deficiencies 

in internal control that we identify during our audit. 

Report on Other Legal and Regulatory Requirements 

In our opinion, the accounting and other records required by the Act to be kept by the Company 

have been properly kept in accordance with the provisions of the Act. 

LEE S F & CO 

Public Accountants and Chartered Accountants 

Singapore, 

HWJ/LSF


ANNUAL REPORT 


37 



STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2018 

2018 2017 

Note $ $ 

CURRENT ASSETS 

Cash and cash equivalents 3 39,485 48,976 

LESS CURRENT LIABILITY 

Accruals 4 1,350 1,350 

1,350 1,350 

Net Current Assets 38,135 47,626 

Represented By: 

Accumulated Funds 38,135 47,626 

The accompanying notes form an integral part of these financial statements


ANNUAL REPORT 


38 



STATEMENT OF INCOME AND EXPENDITURE 

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 


Note $ $ 

Income / Revenue from Activities 

Community service projects 4,020 117,347 

Intellectual and professional development activities 15,079 15,600 

Other income - 15,000 

Sports events 24,535 17,584 

Conferences and seminars 895 224 

44,529 165,755 

Cost of Activities 

Community service projects 14,237 66,698 

Intellectual and professional development activities 9,890 45,747 

Sports events 16,540 16,615 

Conferences and seminars - 6,572 

40,667 135,632 

3,862 30,123 

Less: Operating Expenses 

Advertisements - 85 

Accounting fee 650 650 

Auditors’ remuneration 700 700 

Bank charges 130 100 

General expenses - 1,925 

Postage and courier services 1,539 1,682 

Printing and stationery 2,642 11,090 

Refreshments 920 2,650 

Sponsorships and donations 2,400 2,504 

Transportation 122 - 

Website design and maintenance 4,250 8,750 

13,353 30,136 

(Deficit) for the financial year before taxation (9,491) (13) 

Less: Taxation 5(a) - - 

(Deficit) for the financial year after taxation (9,491) (13) 



ANNUAL REPORT 


39 



STATEMENT OF CHANGES IN THE ACCUMULATED FUNDS 


Accumulated Surplus / 

Funds (Deficit) Total 

$ $ $ 

As at 1 January 2017 13,440 34,199 47,639 

(Deficit) for the financial year after taxation - (13) (13) 

As at 31 December 2017 13,440 34,186 47,626 

(Deficit) for the financial year after taxation - (9,491) (9,491) 

As at 31 December 2018 13,440 24,695 38,135 



ANNUAL REPORT 


40 



STATEMENT OF CASH FLOWS 



Note $ $ 

CASH FLOWS FROM OPERATING ACTIVITIES 


(Decrease) in trade payables - (3,570) 

Increase in accruals - 150 

Operating (deficit) before working capital changes (9,491) (3,433) 

Tax paid - - 

Net cash (used in) operating activities (9,491) (3,433) 

NET CHANGE IN CASH AND CASH EQUIVALENTS (9,491) (3,433) 

CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR 48,976 52,409 

CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR 3 39,485 48,976 



ANNUAL REPORT 


41 



NOTES TO THE FINANCIAL STATEMENTS 


1. MISSION 

The mission of the Young Sikh Association (Singapore) is to fulfill the aspirations of young 

Singaporeans. It reaches out to young Singaporeans with the aim of understanding and 

appreciating their aspirations, 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 the world. 

These notes form an integral part of and should be read in conjunction with the accompanying 

financial statements 

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 

a) BASIS OF PREPARATION 

the financial statements have been prepared in accordance with Singapore Financial 

Reporting Standards (“FRS”). These financial statements have been prepared under the 

historical cost convention except as disclosed in the accounting policies below. 

the preparation of financial statements in conformity with FRS requires management to 

exercise its judgement in the process of applying the Company’s accounting policies. It 

also requires the use of certain critical accounting estimates and assumptions. 

b) FINANCIAL LIABILITIES 

Financial liabilities within the scope of FRS 39 are recognised on the statement of financial 

position when, and only when, the Company becomes a party to the contractual provisions 

of the financial instrument. Financial liabilities are recognised initially at fair value, plus, in 

the case of financial liabilities other than derivatives, directly attributable transaction costs. 

subsequent to initial recognition, derivatives are measured at fair value. Other financial 

liabilities are measured at amortised cost using the effective interest method. 

For financial liabilities other than derivatives, gains and losses are recognised in the 

statement of comprehensive income when the liabilities are derecognised, and through the 

amortisation process. Any gains or losses arising from changes in fair value of derivatives 

are recognised in statement of comprehensive income. Net gains or losses on derivatives 

include exchange differences.


ANNUAL REPORT 


42 





FINANCIAL LIABILITIES (CONT’D) 

A financial liability is derecognised when the obligation under the liability is extinguished. 

When an existing financial liability is replaced by another from the same lender on 

substantially different terms, or the terms of an existing liability are substantially modified, 

such an exchange or modification is treated as a derecognition of the original liability 

and the recognition of a new liability, and the difference in the respective carrying 

amounts is recognised in the statement of comprehensive income. 

c) CASH AND CASH EQUIVALENTS 

Cash and cash equivalents comprise of cash in hand and bank balances placed with 

creditworthy financial institutions. 

d) PROVISIONS 

Provisions are recognised when the Company has a present obligation where, as a result 

of a past event, it is probable that an outflow of economic benefits will be required to 

settle the obligation and the amount of the obligation can be reasonably estimated. Provisions 

are reviewed at each balance sheet date and adjusted to reflect the current best 

estimate. Where the effect of time value of money is material, the amount of the provision 

is the present value of the expenditure expected to be required to settle the obligation. 

e) TAXATION 

Tax expense is determined on the basis of tax effect accounting, using the liability method, 

and it is applied to all significant temporary differences arising between the carrying 

amount of assets and liabilities in the financial statements and the corresponding tax 

basis used in the composition of taxable profit, except that a debit to the deferred tax 

balance is not carried forward unless there is a reasonable expectable of realization and 

the potential tax saving relating to a tax loss carry forward and unutilized capital allowances 

is not recorded as an asset. 

Deferred tax is calculated at the tax rates that are expected to apply to the period when 

the assets are realized or the liability is settled. Deferred tax is charged or credited to the 

profit and loss account. Deferred tax assets and liabilities are offset when they relate to 

income taxed levied by the same tax authority.


ANNUAL REPORT 


43 





f) CURRENCIES TRANSLATION 

Functional and presentation currency 

Items included in the financial statements of the Company are measured using the currency 

of the primary economic environment in which the entity operates (“functional currency”). 

The financial statements are presented in Singapore Dollar, which is the Company’s 

functional currency. 

Transactions and balances 

transactions in a currency other than the functional currency (“foreign currency”) are 

translated into the functional currency using the exchange rates at the dates of the 

transactions. Currency 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 of financial position are recognized in the 

statement of comprehensive income. 

non-Monetary items measured at fair values in foreign currencies are translated using the 

exchange rates at the date when fair values are determined. 

g) REVENUE 

Revenue is recognised to the extent that it is probable that the economic benefits will flow 

to the Association and the revenue can be reliably measured. 

Revenue from sports events and donations is recognised in the account on an accrual 

basis. 

3. CASH AND CASH EQUIVALENTS 

For the purpose of statement of cash flows, cash and cash equivalents comprise the following: 


$ $ 

Cash in hand 2,520 2,165 

Cash at bank 36,965 46,811 

39,485 48,976 

The Carrying amounts of cash and cash equivalents are denominated in Singapore Dollars and 

they approximate their fair values.


ANNUAL REPORT 


44 





4. ACCRUALS 


$ $ 

Accounting fee 650 650 

Audit fee 700 700 

1,350 1,350 

5. TAXATION 

a) Tax expense 


$ $ 

Current year’s tax expense - - 

The income tax expense on the results for the financial year varies from the amount of income 

tax determined by applying the Singapore standard rate of income tax to (deficit) before 

taxation due to the following factors: 


$ $ 


Tax calculated at a tax rate of 17% (2017: 17%) (1,613) (2) 

Expenses not deductible for tax purposes 408 463 

Unutilised losses carried forward (6,518) (6,979) 

Unutilised approved donations carried forward (765) (765) 

Deferred tax asset not recognised 8,488 7,283 

- -


ANNUAL REPORT 


45 





TAXATION (CONT’D) 


$ $ 

Deferred tax assets not recognized: 

Unutilised tax losses 7,723 6,518 

Unutilised approved donations 765 765 

8,488 7,283 

Deferred tax assets arising from unutilised tax losses and unutilised approved donations 

have not been recognised as the availability of future taxable profit is still uncertain against 

which the company may utilize the benefits. 

As at 31 December 2018, the Company has unutilised tax losses and unutilised approved 

donations of approximately $45,000; $4,000 (2017: $38,000; $4,000) available for set-off 

against future taxable profits subject to the provisions of Sections 37 of the Income Tax Act 

and agreement with tax authorities. 

b) Movements in provision for taxation for the financial year are as follows: 


$ $ 

Balance at beginning of the financial year - - 

Current year’s tax expense - - 

Income tax paid - - 

Balance at end of the financial year - - 

6. FINANCIAL RISKS AND FAIR VALUES 

The Association is exposed to financial risks arising in the normal course of association 

operations. 

a) Liquidity risk 

The Association monitors and maintains a level of cash and cash equivalents deemed 

adequate by the Management Committee to finance the Association’s operations and 

mitigate the effect of fluctuations in cash flow.


ANNUAL REPORT 


46 





FINANCIAL RISKS AND FAIR VALUES (CONT’D) 

b) Interest rate risk 

The Association is not exposed to interest rate risk as it has no interest-bearing 

borrowings. 

c) Credit risk 

Cash is placed with creditworthy financial institutions. The maximum exposure to credit 

risk is represented by the carrying amount of each financial asset in the balance 

sheet. 

d) Fair values 

The fair values of financial assets and financial liabilities approximate the carrying 

amounts of those assets and liabilities reported in the balance sheet. 

7. OTHER INFORMATION 

YOUNG SIKH ASSOCIATION (SINGAPORE) is registered under Societies Act. Cap. 311 with its 

registered office at Sikh Centre, 8 Jalan Bukit Merah, Singapore 169543. 

8. AUTHORISATION OF FINANCIAL STATEMENTS FOR ISSUE 

The financial statements for the financial year ended 31 December 2018 were authorised for 

issue by the Management Committee on


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 aim of understanding and appreciating their aspirations, 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 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 intercommunity 

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. 

• Conferences and Seminars 

• Intellectual and Professional Development 

• Community Service 

• Culture 

• 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 

Young Sikh Association – Singapore @ysa.sg

YSA Annual Report 2018

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