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                                                        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.
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