Balance Sheet 2020-2021
ASSETS |
2021 |
2020 |
Current Assets |
||
|
Accounts Receivable |
€514.695 |
€1.082.905 |
|
Cash-in Bank and Deposit |
€1.938.605 |
€1.647.982 |
|
Pre-paid Expenses |
€19.737 |
€19.479 |
|
Total Current Assets |
€2.473.037 |
€2.750.366 |
Fixed Assets |
||
|
Furniture, Fixture and Fittings |
€45.115 |
€46.270 |
|
IT equipment and software |
€13.142 |
€14.385 |
|
Guarantees (rent and social security) |
€50 |
€50 |
|
Total Fixed Assets |
€58.307 |
€60.704 |
TOTAL ASSETS |
€2.531.344 |
€2.811.070 |
LIABILITIES |
2021 |
2020 |
Current Liabilities |
||
|
Accounts Payable |
€385,567 |
€142.369 |
|
Deferred Income |
€939.111 |
€1.563.377 |
|
Income to be allocated to project partners |
€- |
€ - |
|
Total Current Liabilities |
€1.324.678 |
€1.705.747 |
Reserves |
|
|
|
Funds brought forward |
€791.184 |
€762.821 |
|
Social Reserve |
€300,000 |
€300,000 |
|
Surplus or Deficit for the year |
€115.482 |
€28.363 |
|
Total Reserves |
€1.206.666 |
€1.091.184 |
|
Provisions |
€- |
€14.193 |
TOTAL LIABILITIES |
€2.531.344 |
€2.811.070 |