Balance Sheet 2016-2017
ASSETS |
2017 |
2016 |
|
I Current Assets |
||
|
Accounts receivable |
€ 822,369.00 |
€ 811,277.00 |
|
Short Term investment |
- |
- |
|
Cash in bank and deposit |
€ 718,788.00 |
€ 852,994.00 |
|
Prepaid expenses |
€ 16,416.00 |
€ 38,614.00 |
|
Total current assets |
€ 1,557,573.00 |
€ 1,702,885.00 |
|
II Fixed assets |
||
|
Leasehold |
€ 18,112.00 |
€ 40,402.00 |
|
Forniture, ICT equipment and software |
€ 53,493.00 |
€ 18,730.00 |
|
Guarantees (rent and social security |
€ 50.00 |
€ 50.00 |
|
Total fixed assets |
€ 71,655.00 |
€ 59,182.00 |
|
TOTAL ASSETS |
€ 1,629,228.00 |
€ 1,762,067.00 |
LIABILITIES |
2017 |
2016 |
|
I Current Liabilities |
|
|
|
Accounts payable |
€ 174,985.00 |
€ 141,057.00 |
|
Deferred income |
€ 750,041.00 |
€ 452,165.00 |
|
Income to be allocated to project partners |
€ 10,116.00 |
€ 553,405.00 |
|
Total current liabilities |
€ 935,142.00 |
€ 1,146,627.00 |
|
II Reserves |
|
|
|
Funds brought forward |
€ 585,507.00 |
€ 505,507.00 |
|
Surplus or deficit for the year |
€ 98,831.00 |
€ 80,000.00 |
|
Total reserves |
€ 684,338.00 |
€ 585,507.00 |
|
Provisions |
€ 9,748.00 |
€ 29,933.00 |
|
TOTAL LIABILITIES |
€ 1,629,228.00 |
€ 1,762,067.00 |