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YSA Annual Report 2018

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<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

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