The Singapore Cheshire Home is a private, non-profit making company limited by guarantee and not having a share capital. It is a member of the National Council of Social Service's Central Fund Scheme, is authorised to receive tax-exempt donations and to issue tax-exempt receipts for outright cash donations. It is a registered charity under the Charities Act.
The Home's Financial Statements are drawn up in accordance with the provisions of the Companies Act, Chapter 50 ('the Companies Act'), the Charities Act Chapter 37 and other relevant regulations ('the Charities Act and Regulations'), Financial Reporting Standards in Singapore ('FRSs') so as to give a true and fair view of the financial position of the Home as at 31st March every year and of the financial performance, changes in funds and cash flows of the Home for the year ending on that date. The Home's financial statements are audited by an external auditor, independent of the Home in accordance with the Accounting and Corporate Regulatory Authority Code of Professional Conduct and Ethics for Public Accountants and Accounting Entities ('ACRA Code') together with the ethical requirement that are relevant for audit of the financial statements in Singapore.
The Management is responsible for the information contained in the annual reports other than the financial statements and the auditor's reports.
The Home's latest and previous years' Annual Reports are available for viewing.