Annual report Helpcode Italia - EN

FINANCIAL STATEMENT 2021
II. Tangible Assets
Balance as of 31/12/2021 € 33,794
Balance as of 31/12/2020 € 31,581
Variantions € 2,213
The amount at the closing date of the Financial Statement
is made up of the following items:
Descriptions
Office forniture
and fittings
Shop forniture
and fittings
HQ electronic
and office
equipment
Shop electronic
and office
equipment
Photographic
equipment
Various minor
equipment
Original
value
Depreciation
Funds
Net
26,603 (25,194) 1,409
0 0 0
111,832 (81,317) 30,515
0 0 0
18,341 (18,341) 0
5,249 (3,538) 1,711
Others 12,950 (12,791) 159
Vehicles in the
field (PVS)
88,630 (88,630) 0
Motorbikes 4,098 (4,098) 0
Purchaise
of items of less
than 516 euro
3,625 (3,625) 0
Total 271,329 (237,535) 33,794
The item “Cars PVS” refers to cars purchased as logistic support
for offices in loco. The Association does not possess any
type of financial lease.
C. CURRENT ASSETS
I. Inventory
Balance as of 31/12/2021 € 3,840
Balance as of 31/12/2020 € 5,774
Variantions € - 1,935
The value of inventory corresponds to the value of assets
in the warehouse on the closing date and deriving from
e-commerce activity.
II. Credits
Balance as of 31/12/2021 € 223,139
Balance as of 31/12/2020 € 110,031
Variantions € 113,108
The balance is subdivided as follows:
Descriptions
Within 12
months
Over 12
months
Receivables from customers 0 0 0
Total
Credits from Tax authorities 25,299 0 25,299
Advances to suppliers 5,900 0 5,900
Loans to employees 6,841 0 6,841
Other receivables 178,070 0 178,070
Security deposits 0 7,029 7,029
Total 216,109 7,029 223,139
The item “Credits from Tax authorities” is represented
by the greatest amount from the IRAP account for Euro
20,396.50 Euros and the relative receivable to recognizing
IVA for the commercial part in the amount of 6,015.00 Euros
matured in preceding years
The item “Advances to suppliers and advances on
projects” is represented by Advances to Suppliers for Euro
5,900.00.
The item “Other Receivables” is made up of an item that
represents receivables in projects with our partners.
The item “Security Deposits” is represented by the security
deposit paid by the Association for the renting of premises
of Via XXV Aprile 12B for 4,000.00 Euros and by the security
deposit for the institutional newspaper “HELP” (Euro
1,316.00) and by a deposit in Cambodia to cover expenses
for Covid 19– country representative for Euro 1,713.00.
III. Receivables for Projects
Balance as of 31/12/2021 € 1,950,732
Balance as of 31/12/2020 € 2,022,058
Variantions € (71,326)
The item “Receivables for Projects” represents the receivables
owed to the Association by institutional financers
for contributions not yet received and future annual receivables
for projects for which contracts have been underwritten.
IV. Cash and Carry Equivalents
The item Cash and Carry equivalents is made up of:
Descriptions 31/12/2021
Cash and cash equivalents in hand 10,535
HQ Deposits 890,471
Deposits in PVS for Projects 193,837
Total 1,094,844
ANNUAL REPORT 2021 79