Charity
SINGAPORE SQUASH RACKETS ASSOCIATION
About
What does SINGAPORE SQUASH RACKETS ASSOCIATION do?
The Singapore Squash Rackets Association is a charity dedicated to promoting, supporting and advancing squash as a popular sport in Singapore. Their mission is to raise playing numbers, improve qualitative levels of play, and strive for international recognition.
Founded
2011
People
tan ming jen, thio syn wee, choo wan koon josephine, see seng kee shaun, joannah yue lai wan, lee kim hai edwin, pang hian tee, tan hock leong raymond, mohamad bin abdullah arrffan, andrea clare nicholas
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2011
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes physical activity and healthy lifestyle among Singaporeans through squash, which can reduce obesity rates and improve overall well-being.
- Encourages teamwork and social interaction by fostering a community of players who support each other's growth in the sport.
- Provides opportunities for personal development and skill enhancement among participants, particularly children and youth, which can lead to improved self-esteem and confidence.
- Contributes to Singapore's international standing in squash by training and supporting high-performance athletes who compete at the national and international levels.
- Supports local businesses through partnerships and sponsorships that contribute to the economy, such as equipment suppliers, venues, and event organizers.
- Contributes to social cohesion by fostering
Donation Income
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Promotes physical activity and healthy lifestyle among Singaporeans through squash, which can reduce obesity rates and improve overall well-being.
- Encourages teamwork and social interaction by fostering a community of players who support each other's growth in the sport.
- Provides opportunities for personal development and skill enhancement among participants, particularly children and youth, which can lead to improved self-esteem and confidence.
- Contributes to Singapore's international standing in squash by training and supporting high-performance athletes who compete at the national and international levels.
- Supports local businesses through partnerships and sponsorships that contribute to the economy, such as equipment suppliers, venues, and event organizers.
- Contributes to social cohesion by fostering
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | NaN | 401,140 | 467,110 |
| Non Tax-Deductible | NaN | 501,350 | 0 |
| Total Donations in Cash | NaN | 902,490 | 467,110 |
| Donations in Kind | |||
| Tax-Deductible | NaN | 0 | 0 |
| Non Tax-Deductible | NaN | 0 | 24,200 |
| Total Donations in Kind | NaN | 0 | 24,200 |
| Government Grants | NaN | 1,051,677 | 701,272 |
| Investment Income | NaN | 0 | 0 |
| Programme Fees | NaN | 139,667 | 115,236 |
| Others Income | NaN | 107,805 | 100,723 |
| Total Receipts | 0 | 2,201,639 | 1,408,541 |
| Capital in Nature | NaN | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | NaN | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | NaN | 237,630 | 274,694 |
| Overseas (Direct & Support) | NaN | 0 | 0 |
| Charitable Activities/Programme Expenses | NaN | 237,630 | 274,694 |
| Expenses | |||
| Other Expenses | NaN | 705,811 | 432,356 |
| Total Expenditure | NaN | 943,441 | 707,050 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | NaN | 0 | 0 |
| Other Tangible Assets | NaN | 87,474 | 0 |
| Investments | NaN | 0 | 0 |
| Inventories | NaN | 0 | 0 |
| Account Receivables | NaN | 493,415 | 724,304 |
| Cash & Deposits | NaN | 2,975,344 | 1,504,696 |
| Other Assets | NaN | 4,020 | 5,953 |
| Total Assets | NaN | 3,560,253 | 2,234,953 |
| Funds | |||
| Total Unrestricted Funds | NaN | 1,313,196 | 569,476 |
| Total Restricted Funds | NaN | 2,053,693 | 1,539,215 |
| Endowments Funds | NaN | 0 | 0 |
| Total Funds and Reserves | NaN | 3,366,889 | 2,108,691 |
| Liabilities | |||
| Total Current Liabilities | NaN | 128,101 | 126,262 |
| Total Non-Current Liabilities | NaN | 65,263 | 0 |
| Total Liabilities | NaN | 193,364 | 126,262 |
| Total Funds and Liabilities | NaN | 3,560,253 | 2,234,953 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | NaN | 0 | 0 |
| No. of Employees | NaN | 10 | 8 |
| Total Employee Cost | NaN | 490,334 | 305,739 |
| Fudnraisig Efficiency Ratio | NaN | 100 | 100 |
| Total Related Party Transactions | NaN | 341,049 | 3,218 |
People
People at the Singapore Squash Rackets Association work towards promoting squash as a popular sport in Singapore by improving playing numbers, enhancing qualitative levels of play, and striving for international recognition.
tan ming jen
thio syn wee
choo wan koon josephine
see seng kee shaun
joannah yue lai wan
lee kim hai edwin
pang hian tee
tan hock leong raymond
mohamad bin abdullah arrffan
andrea clare nicholas
News
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