Balance Sheet 2018-2019
Balance sheet as of 31 December 2019
ASSETS |
2019 |
2018 |
Current Assets |
||
| Accounts Receivable | €139,038 | €546,612 |
| Cash-in Bank and Deposit | €2,450,766 | €1,523,927 |
| Pre-paid Expenses | €17,059 | €14,121 |
| Total Current Assets | €2,606,863 | €2,084,560 |
Fixed Assets |
||
| Leasehold | €15,627 | €16,870 |
| Furniture, IT equipment and software | €51,893 | €44,990 |
| Guarantees (rent and social security) | €50 | €38,170 |
| Total Fixed Assets | €67,570 | €100,030 |
TOTAL ASSETS |
€2,674,434 |
€2,184,590 |
LIABILITIES |
2019 |
2018 |
Current Liabilities |
||
|
Accounts Payable |
€208,206 |
€587,080 |
|
Deferred Income |
€1,337,460 |
€660,488 |
|
Income to be allocated to project partners |
€- |
€5,246 |
|
Total Current Liabilities |
€1,545,666 |
€1,252,814 |
Reserves |
|
|
|
Funds brought forward |
€565,815 |
€384,338 |
|
Social Reserve |
€300,000 |
€300,000 |
|
Surplus or Deficit for the year |
€196,991 |
€181,477 |
|
Total Reserves |
€1,062,806 |
€865,815 |
| Provisions |
€65,961 |
€65,961 |
TOTAL LIABILITIES |
€2,674,434 |
€2,184,590 |
Funding Transparency (Jan-Dec 2019)
| Overall proportion of Industry and non-industry income |
Industry: 76.7% Non-Industry 23.3% |
| (%) Percentage of the highest contribution from a single Industry Donor | EFPIA 9.0% |
| (%) Percentage of the highest contribution from a single Industry Company | Novartis 5.0% |