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Financial Information

1) Non-Financial Information

Name of Organisation: Crest Secondary School
Address: Contact Information:
561 Jurong East St 24 Contact Person: Mdm Lee Kee Meng
Singapore 609561 Telephone No: 6899 2779
Email: info@crestsec.edu.sg Fax No: 6899 2668


Charity Status: IPC Status:
Unique Entity Number: 201136224W IPC Registration Number: IPC000755
Charity Registration Date: 02 Jan 2012 Effective Period: 02 Jan 2023 to 01 Jan 2028

Auditor: PricewaterhouseCoopers LLP
Number of Students Enrolment: 764 as at 9 June 2022


2) Financial Information

Statement of Comprehensive Income

Income
FYE 31 Mar 2021
(S$'000)
FYE 31 Mar 2022
(S$'000)
%Increase /
(Decrease)
Donations in Cash 213 267 25%
Donations in Kind 18 0 0%
Grants 19,995 19,317 -3%
Others 416 355 15%
Total Income 20,642 19,939 -3%


Expenses
FYE 31 Mar 2021
(S$'000)
FYE 31 Mar 2022
(S$'000)
%Increase / 
(Decrease)
Operating & Administration Expenses 15,439 16,705 8%
Others 1,314 1,572 20%
Total Expenses 16,753 18,277 9%


Surplus / (Deficit) 3,889 1,662 -57%


Statement of Financial Position

Assets
As at 31 Mar 2021
(S$'000)
As at 31 Mar 2022
(S$'000)
%Increase /
(Decrease)
Plant and Equipment 1,008 2,435 142%
Intangible Assets 5 6 20%
Trades & Other receivables 134 304 127%
Cash & cash equivalents 28,813 30,348 5%
Total Assets 29,960 33,093 10%


Liabilities
As at 31 Mar 2021
(S$'000)
As at 31 Mar 2022
(S$'000)
%Increase /
(Decrease)
Long-Term Liabilities 1,006 2,406 139%
Current Liabilities 7,091 7,162 1%
Total Liabilites 8,097 9,568 18%


Funds
As at 31 Mar 2021
(S$'000)
As at 31 Mar 2022
(S$'000)
%Increase /
(Decrease)
General Fund 21,783 23,224 7%
Other Funds 80 301 276%
Total Funds 21,683 23,525 8%




Total Funds and Liabilities 29,960 33,093 10%