ASSETS
|
2015
|
2014
|
| |
| I Current Assets |
| Accounts receivable |
€ 784,079.00 |
€ 562,887.00 |
| Short Term investment |
|
€ - |
| Cash in bank and deposit |
€ 669,073.00 |
€ 637,262.00 |
| Prepaid expenses |
€ 5,235.00 |
€ 26,870.00 |
| Total current assets |
€ 1,458,387.00 |
€ 1,227,019.00 |
| |
| II Fixed assets |
| Leasehold |
€ 44,438.00 |
€ 48,474.00 |
| Forniture, ICT equipment and software |
€ 21,802.00 |
€ 23,783.00 |
| Guarantees (rent and social security |
€ 50.00 |
€ 50.00 |
| Total fixed assets |
€ 66,290.00 |
€ 72,307.00 |
| TOTAL ASSETS |
€ 1,524,677.00 |
€ 1,299,326.00 |
| |
LIABILITIES
|
2015
|
2014
|
| |
| I Current Liabilities |
| Accounts payable |
€ 76,551.00 |
€ 99,437.00 |
| Deferred income |
€ 753,224.00 |
€ 755,500.00 |
| Income to be allocated to project partners |
€ 189,395.00 |
€ 51,769.00 |
| |
| II Reserves |
| Funds brought forward |
€ 392,620.00 |
€ 394,521.00 |
| Surplus or deficit for the year |
€ 112,887.00 |
-€ 1,901.00 |
| |
| Total reserves |
€ 505,507.00 |
€ 392,620.00 |
| TOTAL LIABILITIES |
€ 1,524,677.00 |
€ 1,299,326.00 |
