Page 105 - avs_ar_2019_2020
P. 105
-
APPENDIX I
2019 HK$ 4,740,400 453,827 13,160 5,207,387 3,920,408 403,818 350,549 680,321 5,355,096 (147,709)
740
2020 HK$ 4,882,700 475,053 5,358,493 3,228,643 13,810 751,002 557,779 18,364 4,569,598 788,895
RECURRENT PROGRAMMES SUPPORTED BY THE COMMUNITY CHEST
AGENCY FOR VOLUNTEER SERVICE FOR THE YEAR ENDED 31 MARCH 2020 (For management use only) Allocation from the Community Chest Registration and service fee income Personal emoluments Administrative expenses Programme operating expenses Surplus/(deficit) for the year
Income Sundry income Expenditure Rent and rates Finance cost
During the year, purchases of property, plant and equipment of HK$190,135 (2019: HK$12,188)
the duration of the pandemic cannot be estimated at this point, the Agency will closely monitor
and on the results and cash flows for the year then ended of the Agency. As the full impact and
HKFRSs that have been issued but are not yet effective for the year include the following
the development of the pandemic and continue to assess its impact on the Agency’s financial
The outbreak of COVID-19 has evolved into a worldwide health crisis. The pandemic has
brought uncertainty to business operations and the overall economy. The financial statements
have reflected the known impact of the pandemic on the financial position as at 31 March 2020
Effective for annual periods beginning on or after 1 January 2022 1 January 2020 1 January 2020 1 June 2020 The Agency has not early adopted these HKFRSs. The Agency is in the process of making an assessment on what the impact of these developments is expected to be in the period of initial application. Initial assessment has indicated that the adoption of these HKFRSs would not have a si
AGENCY FOR VOLUNTEER SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Note to Statement of cash flows were made with funding from HAB Subvention Reserve. Subsequent events position and operating results. 26. Possible impact of amendments, new standards and interpretations issued but not yet effective for the year HKFRSs which may be relevant to the Agency’s operations and financial statements: Amendments to HKAS 1, Cla
24. 25.