Balance Sheet 2021-2022
ASSETS |
2022 |
2021 |
Current Assets |
||
|
Accounts Receivable |
€83,965 |
€514,695 |
|
Cash-in Bank and Deposit |
€1,817,743 |
€1,938,605 |
|
Pre-paid Expenses |
€8,297 |
€19,737 |
|
Total Current Assets |
€1,910,005 |
€2,473,037 |
Fixed Assets |
||
|
IT equipment and software |
€57,127 |
€45,115 |
|
Furniture, Fixture and Fittings |
€11,899 |
€13,142 |
|
Guarantees (rent and social security) |
€50 |
€50 |
|
Total Fixed Assets |
€69,076 |
€58,307 |
TOTAL ASSETS |
€1,979,082 |
€2,531,344 |
LIABILITIES |
2022 |
2021 |
Current Liabilities |
||
|
Accounts Payable |
€347,350 |
€385,567 |
|
Deferred Income |
€431,690 |
€939,111 |
|
Income to be allocated to project partners |
€- |
€ - |
|
Total Current Liabilities |
€779,040 |
€1,324,678 |
Reserves |
|
|
|
Funds brought forward |
€791,666 |
€791,184 |
|
Social Reserve |
€415,000 |
€300,000 |
|
Surplus or Deficit for the year |
€6,624 |
€115,482 |
|
Total Reserves |
€1,200,042 |
€1,206,666 |
|
Provisions |
€- |
€- |
TOTAL LIABILITIES |
€1,979,082 |
€2,531,344 |