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Hong Kong limited by guarantee and not having a share capital. Its registered office and
quality Financial Companies
The Agency for Volunteer Service (the “Agency”) is a company incorporated and domiciled in
The Agency is a non-profit organisation dedicated to playing a proactive and pivotal role in
building a civil society and caring community through the promotion and development of
principal place of business is located at Room 602, Duke of Windsor Social Service Building,
and Kong
value-added Hong Kong Hong

provide with the of

to accordance requirements
organisations sustainable volunteerism. It develops partnership with all sectors of the community to mobilise and The income and assets of the Agency must be applied solely towards the promotion of the objectives set out in the Agency’s Articles of Association. In the event of the Agency being wound up, every member shall contribute to the assets of the Agency to the extent of HK$100 each. The Agency’s funds are not distributa

AGENCY FOR VOLUNTEER SERVICE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020 Company information 15 Hennessy Road, Wanchai, Hong Kong. groups individuals, facilitate volunteer service. Revenue Ordinance. Summary of significant accounting policies Basis of preparation have statements financial (“HKFRSs”) Standards commencing 1 April 2019: - HKFRS 16 Leases reporting periods and on foreseeable future transa

1. and stated. 2. 2.1 The Reporting

2019 HK$ 5,510,510 2,500,000 8,455,433 16,465,943 (8,455,433) 8,010,510

- -
8 2
2020 HK$ 3 , 7 5 12,878,109 18,135,437 18,135,437
The accompanying notes form an integral part of these financial statements.
, 2
5

16

AGENCY FOR VOLUNTEER SERVICE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2020 (CONTINUED) Analysis of balances of cash and cash d n a h n o d n a k n Original maturity of three months or less Original maturity of over three months Cash and cash equivalents as stated in the Statement of financial position Less: Time deposits with original maturity of over Cash and cash equivalents per Statement of cash

equivalents: a b t a h s a C Time deposits: - - three months flows