PCS Stewardship Report Annual 18 final | Page 33

Stewardship Report FY 2017 - 18 FINANCIAL YEAR ENDED 31 MARCH 2018 Balance at beginning of year S$ Net Surplus/ (Deficit) S$ * Transfer between funds S$ Balance at end of year S$ - Senior Services • Dorcas Home Care Services 170,292 (79,257) 0 91,035 • Evergreen Circle Senior Activity Centre (640,512) (250,586) 0 (891,098) • Sarah Senior Activity Centre (499,535) (138,718) 0 (638,253) (9,333) (117) 0 (9,450) • Martha Senior Activity Centre 0 30 0 30 • Esther Senior Activity Centre 0 (13,264) 0 (13,264) 23,961 (2,297) 0 21,664 20,462 (12,362) 0 8,100 94 (94) 0 0 • VCF Fund 4,800 (4,425) 0 375 • Public Transport Fund 4,000 (3,630) 0 370 Total restricted funds 15,896,454 159,405 0 16,055,859 TOTAL FUNDS 28,359,088 1,522,940 • Hannah Senior Activity Centre - Others under GOS • Staff Training Vote Fund • Opportunity Fund • Trailblazer Fund 0 29,882,028 * During the financial year, assets purchased under CST fund and C&S fund, as per utilisation report, amounted to S$361,491 and S$34,195 respectively. The Society adopted the practice of transferring these amounts into Capital Fund for ease of identification of assets purchased using the two funds. 31