Financial statements Tishie l'ong FoLindition for the Disabled For the Year Ended 31 December 2024 Registered Charity No. 1104927 Ti5hie Yong Foundation for the Disabled Financial statements for the year ended 31 December 2024 Company information Reglstered Charfty number I IIHI)27 Address Nc)tCiii¥111¢ t)] NL;7 ?LIIX' Trustees R I'f)iig B I'niig Tishie Yong Foundation lor th• Disablod Financi31 statements lor the year ended 31 December 2024 Index Report of the trustees Independent examlnerfs report Statement of flnanclal actlvltles Balance sheot Notes to tho flnanclal statements Tishie Yong Foundation for the Oisabled Financial statements lor the year ended 31 December 2024 Report of the trustees .1 i%l?Ic I'vii¥ bf)Iiiid¢ltioii for tIIL. L)151blL'oI li1% plL'lI 511rL' iii i)ro'sL'I)till¥ tIIL" ttii%tl'L'%' r('i)(Irt aiicl tliL' tIX)lrf iiciI1 4ntemeiitN tc)r die l-ear elided .31 Dvc¢niber 2(124. Trnstees 'I'lic. ti)l1()￿,111￿V 4ire die. currviii tru*tves: R I'4)tix I'lit, c1141rit)- il'as cc)ii%tinite(I b!- 2 "l-ru4t l)ceLI (11tL.d 17 Jiiiiv ?11114 9Iid is rekTristereil IiTltli rlie ('liirit)' (-c)tiiiiiiS4iC)11 IILiinbcr 11114()27. '1'IIL & Ll¢1rL'8S is RLLII Iclil IX'41I', 1.ciitni?. Ni'.)tliiigl)1* 111. N'(17 2U￿,. Alm and objactlve 'riic nbjec.rii'c' nt- tliL'. cli2( rin. is rn riis(' ttincls t(.1 11 S$1St tlinsc ￿ttl) pli!'SlC1i I nr ineiital (lis1¥ biliti('s. Revlew ot developmentsy actlvltles and achlevements 'nii' cll1?riM' recLl1.-L'(I di)i)l¢ tiniis priiicipiilli. trciin cmplni'i L)S nt- l)ii%k -l.ill T)1I1'11 1.iiniied. l)'I'I) IiK'I' l.imitL'II IIILI tl)()SL' C()1ll1l1I I1iC'% (111riii¥tr rliL' I-L'11 r. l)()111ll(1118 1111dL, b!, tlic cli1¢ riri. iii Iccord14 IICL Il'ltli ils 11t7) iiid i)bjvcui-LN1l¢ll't' c()nuiiued diitiiix rlie i'e'1r Vtided .31 Deceiiibe.r 21124. Flnances 'I'IIL I rt¢?clii'cl tit121 IICll£ I st<1tL'in¢iits .s11()NN tI)V CLirreiir ti1111)CVS. Illl tLiiid% are restricred. Reserves ¢ill tliL tLIIILlb arL' rL¥trictL.d, tl)i"1' ¢1fL. IIL.Id tv tiirtliL'r diL' 1111115 111d ubjL'CtIl'L'% Ut tliL cliiriti, viitliiiL.d 1b()I'L. Rlsk management I'liv tru%tL'L>S11{1i"e. eN*111)Iiicd tlie In1j()r ri%ks t111t fliL' cli1& ritt- t1ces. Iii tlit,. ()pii)i()ii ()t tlie tni%teo % tlit, c111& ritt'1ii25 I511[ blisliLLI rLS1)Iirccs 1￿ IILI rLTh'iLl¥' S}-.St('iii% iNliicli, Iiiic4ir iif)r1111I I cr)iic11111)1]5 $1)i.-)LIIL4 1111)Iv tliL' Investment policy .1 IIL tnibl'LLS' Itii-i'stinLiit i)c)Iici' 15 tc? LiisiirL' 4LltficiLllt IiciiiiLlIti' ]% 14 I-'41iliblL' tc) ML'LÈ tliL' 11175 1)t rliL cliarit).. 'I'IIL'fLtI)rL. C&?s1i 1% lielcl in a curtvnt 1CCI)IiJit ri) fftvet %lii)rr rLrm d(iJ)atii)114 I111tl ¥11))- eice%% iii ini"c'%tt..d in tlie mc>iie!' In41rk-ct ii'itli tlirec iii()Iitl)s iic)iicc nr lii.ld b!- d(iiinrs. 11.-lii) Pl& 1. liiglicr t11211 ci)Inmcrc111 rnte nf iiitcrcsf. Tlshle Yong Fovndali¢)n lor the Dlsabled Flnanelal $tat•m•nt* lor th• •nd•d 31 1)•cwnb•r 2024 Trust•¢s' responsibilitles ftlr th• flnonclal statem•nts Thc law appffticabl¢ to ¢hatities in En￿and and Il'ales reciuires the trustce% to prepart. flliaiicial st1rernent4 for e14 ch fAnAncial period ￿hiC11 a true and fair virn. of th¢ charity 5 ftsiaiicial aCtii-iti¢% during the period and of its Imxncial position at the end of the peIiod. In prcp.Iring fll11ncAal btatClllLOts ￿%.Ing a rruc and fair i'le￿, d)e ttusrcc$ should Follo￿ bcst ptaCtiC¢ and: selecr suirable acc(>uniing pnlicies 1nd ihesi appli. them con8isienilJ* make judgements #nd esiimares that are reasonable and p￿dent- and prL'pare the fmancial 51oremenis on the going concern b4$is unless it is inappTopfi1re to presiime that the chgrin. uill continuc in operjtion. ThL' tnistces are resportSAble for keeping accountin8 records which dtsclo$e M'ith reasonable accurAC>' the finAnciiI po8itfton of the charity and which enable them to ascertain the fmancial positson of the ch1rity and to en4iire t5)2t Ihe fm;InciAI SiAtcme7i1￿ crnnpli uryth ipplicAb5e lqii". The). are also rebi)011sible (or iafLguaidiiw il)C of Ilii. chariry Al)d foi iakllig r¢asonable steps for Ihe prei'enlion ¢ lid dclecU()ii r)f friqiid ind ijther irregviiIarsties. ignL,d on behilf of tlie trustees 'L rusiee Dite 16 Jtine ?0?5 Independent examiner's report to the trustees of Tishie Yong Foundation for the Disabled I repi)rr tn the trLiStees nn m!. eNiinin1tii)n nt tlii, tin111Cl<21 sratemenrs ()t I'i%liie I'()nky I'{)uiiclLltii)n tc)r tIIL Dis41blecl ("IliL' clIAriti-") fnr tlie l-iar ctideil .31 1)eccinber 21124. Respective responsibilities of trustees and examiner TIIL cli3rih-'s trLlqtCCS 1tL' rL'spi)iisiblc tr()r prL'P¢1txtioii ()l- Llie IlCCI)litiis. 'llic c1114 rin S tni4tees con%icqer tliit r uiidLf %L'ctivii 144 (2) ot tlil, Lli<1ritsi% ilct 21111 (tlit. 21111 Jlct). and tliat ali ixidL'peiiilL'nt I'K41tniiiatii)ii 1% nLLLILd. It is m). rc'spuiisibilit!. tu: -L'l?Illtiic rl)e ?ccciiiiitS Liiider %ccrif)1i 145 r)tr tlic.. 2111 l Act- -tc) t-0llc1￿-. LIIL. pfL>cidLirL'4 l¢iid d()IK'ii iii tlIL' gL'tILri41 L)iTL'Ctiuiis gii'iii b!. tlIL' Cliiqnti. (-()Inii]is5ic)11 UllLIL'f secti()1i 14i(5)(b) ()t tlie 21111 Jlcc. aiid -t() %tlÉ Ic. ii,IIL)tlier p1rticiil¢qf Inii Tter% I'C cniiiL' ¢() In!. Itteiiti(iii. Basis of independent examiner's report li- L'xinii111tii)tl Cl¢ friL'LI i)iir iti icc.(>rcliiice ii.ltli tIiL' %eiiL'rnI I)irL'cEinii£ kYii'L'lI b). rlic, C"li?rity' I-()1llllll551C)11. Illi L'%lllliiiLiti¢iii tiicliiilLs li fL'I-iLIN' ()( tliL CCQ)Illltiii% rLcurds kL'PI bi. tlic c111ri11' 411)Il ? ci)Inparis1)n <)t tlit. acci)IlllCs prv.%eiiELd ii'itli tli()se rL'c(?rd4. It IINI) iiiclude4 ci)I)siLIL raui )i) i)t 1511, IItIU%llLI1 iteins c)r cl j*clnstirLi% Iii rlic,. ¥1ccniiiif8 111)LI SCL'kiiikY L'xp141lliifi(11i4 trr()131 i'nii él% rni%tcL's cniiccrlllllkTr ,111)' %iicII 111411tL'rs. '1'111' i)rucL'Lliiris iiliili'rt1I kL'ii d() ii()t i)r()i.'iclc 111 tlii L'l'icII'iicL IllAt %l.'L)ulil bi rL'iiiiirLiI itl all 14 LILltt 111LI ci>iiseqiit'Iitl!' i)() i)iiiiii()11 Is kyji'L"n 14 % ti) ii'liL'rlier tIiL É CL(TrLlllt% prL'S1'.lJt I 'tniL 41n(I t1ir i'ieii aiiil rliL rep()rr is liinitc'cl ti) tliii%c m2trL>rs set i)iit til tliL' .snrL'in('iii bel[)￿.. Independent examiner'8 Statement Tii ec>iiiiecti()i) Ivith iiii, exLimii1ltii)11, lin init.ter liil % clime. ti) mi. tteiiti()ii'. (l) ii.liicli ￿TI1'e$ ML rLas(1111ble c1u%e tc) bLliL'i-v. diac xii iii!. 11711 1Lri£11 rv41ii.ct tlie r¢qLljfLmviits: -tn k-Lep icc()i?iitiii% ri'cnriqs 111 ccnrdaiicc witli sec.ticiii 1.ill (If tlic ?(111 ,-Icr' Lliid -tu iiic'i)arL' Ii CC()iiiiis iwliicli 1& CCI)rd iiiiili tIiL' ¢ CCI)Lllltii)gY rL'CI)rd% tiiicl ci)Ini)li' iiiitli Ilic. Ii ccoiiiitiiig rL'qiiirL'inL'llts c)t tlil. ?{) I l Jlct 114ll-V 111)t bv.L'll mL't' i?r (2) t() Ni'liicli, iii iii!. f)l)iiii(iii, ￿(tel1t1011 sliniilcl bL' IlnNN 11 iii (Ir(lo'r to Clll& bli 11 prr)PL'r iiiiclLr4raiiiliilgP l)t" tliL 4 CClllllIt5 tc) bL' rL'acliLd, MARK TA OR CHARTERED ACCOUNTANT Dat¥.. l ( .111111, ?1)25 Tishi• Yong Foundation for the Disabled Financial statements for the year ended 31 D•c•mber 2024 Statement of financial activities 2024 Restricted funds 21)23 Ke4trictL'LI Note Income and expenditure IIicutiiiiiky rL's1)Lif¢L'S l)<)11&1ti()11s receii'eLI f)ntlÉ1ti()iis iii kAii(I liii'L'Stm¢iii iiicuinL' 50,497 1,269 7,612 59,378 45,4()2 1.218 57,61(1 RL'%I)iifcLS L.%PL'tidc.d f)irect clii1ritl¢ blL t'ii)eiiclinire Nll1111gc'ii)L'llt 11 11d 1LIIi)i1)1str41ti(>n lit rliL' c111ritt? 95,739 41,438 137,177 (14,1.3i 41,Ci()7 1115,11112 Deficit for the year and net movement in funds (77,799) (48,1 ()2) 1114 liiici. br()iiblit f()Thk')rcl Balance carried forward 180,628 2214,14211 102,829 1811.()9 Th• •ccompanying notes forni an IntO9ral part of th•￿ flnanci•l $tat•m•nts. rijhie Yong Foundation foi the Disabled Flnanclal statements for the yvar endod 31 Dec•mlJtr 2024 Balance sheet at 31 December 2024 2024 ?023 Curreni a8set8 and net a68et8 23J77 79,452 Debtv 102,829 1811,?68 Flind$ Kestricred fiind 102,829 1811,()?11 'rhe financiil srilremenis upere 1pproi.ed by the tnistees on 16 June J)?5. 'I"ni4tee The x¢omp#nylng notas ltsrm an Int•gi#l part of those finanelal statem•nts. Tishie Yong Foundation for the Disablod Financial statements for the year endod 31 December 2024 Notes to financial statements Prlnclpal accountlng pollcies (a) 11¢l.$1.% nfr prep?t r1111)1i i)E kiiiaiicial st4qt¢"nients 'I'li¢ tiiiaiicial 5raii"Int'liPi Iiai'e bceii prts)ared Ut￿l'r tlie Iii%ii)rical c()st cc)ni'entiuii. I"li(' cli,iritt.11li S PfLI)c1rc'cl Its ICCOIIIII% 111 1cc.()rd41 IlCL' Illtli tlic rL'ciiiirc'iiii'iit% c)f ilic Cl)¢lritics ilct 21111 iiicl tlie Staii'inl'iit ()t KL'ci)iiiJiiL'iideLI I)rnClirv ipi)Iic41ble t() c112rities prLT)Trriil&Y tlieir acc()Ittir 111 1ccI IfL1111ce iviili I,'RS11)2. (b) Di)iiiti(Iii% DI)111tic)1is (iiicludiIi.¥ xit-t ?$ id rL'CUI'I'n') 1£ fL' fL'C(.)V)14L'LI iii dil, Eiiic111CI?£15t1tL'in¢'iits iiiliL'ii rLc¢'ivable IIL'ii thc're 1% 1¢ tinn ciitninitmeiit r() pai. mi)iiie5 r(} t.Iie' c1111 rin- iii re.spv.cr ()f eNpvii¢liture. alrL'i cli. iiiciirrn'd. (c) Ii]}re4fiiieiit iiici)mi' Illl ini'v%tinc'iit illCl)IllL'. itlcludiiiki clLii<)sit iiiti rL'4r, 1% sh(Iii'i) ()ti tliL. b141% 1)t l& mi)iiiit4 re.ceiiTeLI iii rlie s'eir 11 iiLI iiicliiclc'$ 111!, t4iX cfL'Llit (?r IticninL' L1.X ii,liicli is r('c()I'L'I'i1ble b)- tli(' clill Iin.. (d) E)irL'Cf cli?1 rit41ble L'XPL'nclittir(". Illl L.xpeiith'ture is accciiiiited ti)r ()11 bL'11?i id biii iiiit P4iiLI ()i'L"r .11 .311)ecL'mbir 211?4 iiid 2112.3. IItL'rv%r ()ii tliL baliiicL' (liiv. 1% iiai(I bi- rlie d()11(Ir% &1t i ratv ()t"1.5111