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AGENCY FOR VOLUNTEER SERVICE

STATEMENT OF CHANGES IN FUNDS
FOR THE YEAR ENDED 31 MARCH 2020

Agency’s funds Restricted funds
Provident
Agency Operation HAB fund reserve Other Other
development contingency subvention Lump sum under lump Block grant designated allocated
General fund fund fund reserve grant reserve sum grant reserve services funds Total

HK$ HK$ HK$ HK$ HK$ HK$ HK$ HK$ HK$ HK$

Balance at 1 April 2018 2,791,446 5,347,501 2,300,000 1,037,573 917,860 107,843 216,592 2,038,125 - 14,756,940

Surplus for the year 1,592,126 - - - - - - 620,705 - 2,212,831
Transfer (from) General fund to Lump sum grant
reserve, Provident fund reserve under lump sum
grant and Block grant reserve (894,646) - - - 38,231 47,095 67,132 - - (742,188)
Transfer (from) General fund to HAB subvention

reserve (73,606) - - 61,420 - - - - - (12,186)
Transfers of funds upon completion of designated
projects
- Elderly Project: (200) - - - - - - 200 - -
- Inno Carnival - - - 945 - - - (945) - -
- Life Buddies Portal II Sep 2017 – Oct 2018 237,123 - - - - - - (237,123) - -
- UNV - Hong Kong Universities Volunteer
Internship Programme - - - 1,160 - - - (1,160) - -

- Walking with the Elderly in Community May 2015
- May 2016 - - - - - - - (53,025) - (53,025)

- Walking with the Elderly in Community I Jul 2016
- Dec 2018 - - - - - - - (22,817) - (22,817)
- V-Union I Apr 2017 - Dec 2018 - - - - - - - (8,773) - (8,773)

Balance at 31 March 2019 3,652,243 5,347,501 2,300,000 1,101,098 956,091 154,938 283,724 2,335,187 - 16,130,782

The accompanying notes form an integral part of the es n i f a n e t a t s l a i c m e . s t n
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