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The reserve represented subvention balance designated for provident fund of subvented staff
fund 3,136,871 259,816 (7,653) 3,389,034 2020 HK$ 92,222 2019 HK$ 1,351,027 1,615,000 2,966,027
provident 2019 HK$

adjusting 2020 HK$ 3,463,400 281,398 (3,289) 3,741,509

or
emoluments personal in There are no loans, quasi-loans or other dealings in favour of the directors, their No director of the Agency had a material interest, directly or indirectly, in any significant transactions, arrangements and contracts in relation to the Agency’s operation to which the Agency was or is a party that subsisted at the end of the year or at any time (a) The future aggregate minimum lease p

AGENCY FOR VOLUNTEER SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Provident fund reserve under lump sum grant under the LSG. increase for used is reserve contribution rates of staff subvented under the LSG. HAB subvention reserve The reserve represented subvention fund balance from the HAB. Key management personnel’s remuneration of the Agency Provident fund Provision for employee benefit obligations con

20. The 21. 22. Salaries (a) (b) 23.

2019 HK$ 216,592 71,000 - - - 287,592 3,868 - - 3,868 - 283,724 and furniture 2019 HK$ 917,860 827,514 (742,188) - (47,095) 956,091

- 9 8 - - - - - - for 6,692
2020 HK$ 283,724 95,000 1 378,913 378,913 Fund 2020 HK$ 956,091 1,254,256 (1,068,063) (87,346) 1,061,630
Lotteries

the
from

SWD the by At 31 March 2020, there were no outstanding commitments in respect of Furniture and Equipment Replenishment and Minor Works related to Block Grant (2019: Nil) The LSG was received from the SWD for operation of the WGE. 46

AGENCY FOR VOLUNTEER SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Block Grant Reserve Balance of the Block Grant Reserve brought forward from previous financial year Add: Block Grant received during the year Others d e v i e c e r e m o c n i t s e r e t n I Other income y e h t g n i r u d e r u t i d n e p x E s t c e j o r

r
a
e

18. : s s e L The 19.