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AHL is funded by the Government and from public donations. AHL also collects nominal fees from the relatives of the residents. Such fees are based on the family’s financial background and their ability to pay. Ninety per cent of the residents are subsidized by the Government.

Details of Income & Expenditure available on the same website.

Incoming Receipts 2012
(S$)
2013
(S$)
2014
(S$)

2015
(S$)

2016
(S$)

% Changes
2016 vs 2015
Donations
-Tax Deductible
-Non-Tax Deductible

170,814
89,297

310,913
124,929

709,139
174,249

1,431,323
209,763

1,047,175
176,861

(26.8)
(15.7)

Government Grants

3,641,997

4,535,174

5,462,190

6,931,024

6,981,125

0.7

Residents fees

990,212

1,082,219

1,093,542

1,217,338

1,297,036

6.5

Investment income

51,715

72,575

70,502

122,519

185,400

51.3

Others

63,100

38,432

25,323

15,763

29,836

89.3

Total Receipts

5,007,135

6,164,242

7,534,945

9,927,730

9,717,433

(2.1)


Expenses 2012
(S$)
2013
(S$)
2014
(S$)
2015
(S$)
2016
(S$)
% Changes
2016 vs 2015
Direct Charitable Expenses
- Local
- Overseas

3,653,689

3,797,835

3,968,608

6,418,890

7,270,060

13.3

Operating /
Administration Expenses

1,394,940

1,581,391

1,969,298

405,619

570,146

40.6

Fundraising

500

19,922

27,041

20,663

351

(98.3)

Total Expenditure

5,049,129

5,399,148

5,964,947

6,845,172

7,840,557

14.5

Excess (Deficit)

(41,994)

765,094

1,569,998

3,082,558

1,876,876

(39.1)


Balance Sheet 2012
(S$)
2013
(S$)
2014
(S$)
2015 (S$) 2016(S$) % Changes
2016 vs 2015
 ASSETS
Land & Building

6,290,120

5,898,566

5,507,012

5,115,458

4,723,904

(7.7)

Tangible Assets

133,923

102,018

105,055

337,639

440,312

30.4

Inventories

32,910

24,298

35,946

21,487

19,638

(8.6)

Accounts Receivable

308,287

485,033

1,579,588

3,089,488

2,079,530

(32.7)

Cash & Deposits

7,692,960

8,576,244

9,330,860

10,714,634

13,870,070

29.4

Total Assets

14,458,200

15,086,159

16,558,461

19,278,706

21,133,454

9.6

 FUNDS
General Fund

8,666,787

9,071,243

3,397,921

4,619,303

5,805,094

25.7

Building Fund    

6,391,554

6,783,108

7,174,662

5.8

Community Silver Fund  

338,738

901,366

1,259,693

1,020,052

(19.0)

Maintenance Fund

389,522

397,404

402,768

410,809

417,926

1.7

Medifund Fund

86,463

182,257

146,996

10,505

82,967

N/A

Programme Fund    

277,000

1,142,181

1,724,035

50.9

Asset Capitalisation Reserve  

13,967

20,702

258,865

209,025

(19.3)

Total Fund

9,142,772

10,003,609

11,538,307

14,484,464

16,433,761

13.5

 LIABILITIES
Long-Term Liabilities

4,850,119

4,546,987

4,243,855

3,940,723

2,637,590

(33.1)

Current Liabilities

465,309

535,563

776,299

853,519

1,062,103

24.4

Total Liabilities

5,315,428

5,082,550

5,020,154

4,794,242

3,699,693

(22.8)

Total Liabilities & Funds

14,458,200

15,086,159

16,558,461

19,278,706

20,133,454

4.4


Other Information 2012 2013 2014 2015 2016 % Changes
2016 vs 2015
Donations/ Grants & Sponsorship given to other Charities (S$)

0

0

0

0

0

N/A

No. of Employees

101

104

112

132

140

6.1

Total Employee Costs (S$)

2,358,799

2,539,782

2,907,061

3,478,761

4,079,485

17.3

Total Related Party Transactions (S$)

0

14,330

11,127

11,037

6,000

(45.6)

Fund-raising efficiency 0

18

7.2

8.3

N/A

N/A

Ratio of reserves

1.7

1.7

1.6

1.7

1.7

N/A

Annual Salary of 3 highest paid staff (S$)

97,320
69,334
63,266

87,979
55,400
54,755

164,744
81,124
67,088

191,339
127,986
69,914

203,408
162,907
89,643

Legend:
Fund-raising Efficiency reflects the ratio of the total fund-raising expenses against the total gross receipts from fund-raising.
Ratio of Reserves is based on Unrestricted Funds, comprising General Reserves and Building Fund, over Direct Charitable Activities and Operating/Administration Expenses.