REPORT OF THE DIRECTORS AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
FOROPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSEMEMBERS IS LIMITED BY GUARANTEE)OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Page
Company Information

1

Report of the Directors

2

Income Statement

3Statement of Financial Position

4

Notes to the Financial Statements

5

Report of the Accountants

8

Detailed Income and Expenditure Account9OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)COMPANY INFORMATIONFOR THE YEAR ENDED 31 DECEMBER 2023

DIRECTORS:G C A Rischard
R M Olbricht
S Hoffmann
M J Konieczny
G C Allan
A F S Vicario
D Waltersdorfer

REGISTERED OFFICE:St John's Innovation Centre
Cowley RoadCambridge
CB4 0WS

REGISTERED NUMBER:

05912761 (England and Wales)

ACCOUNTANTS:

Chater Allan LLP
Chartered Accountants
7 Quy Court
Colliers Lane
Stow-cum-Quy
Cambridgeshire
CB25 9AUPage 1

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)REPORT OF THE DIRECTORSFOR THE YEAR ENDED 31 DECEMBER 2023
The directors present their report with the financial statements of the company for the year
31 December 2023.

ended

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of an initiative to create and provide freegeographic data, such as street maps, to anyone. The OpenStreetMap Foundation is an international
not-for-profit organisation supporting, but not controlling the OpenStreetMap Project. It is dedicated toencouraging growth, development and distribution of free geospatial data and to providing geospatial data foranyone to share.
DIRECTORSThe directors shown below have held office during the whole of the period from 1 January 2023 to the date of thisreport.
G C A Rischard
R M Olbricht
S Hoffmann
M J Konieczny
G C Allan
A F S Vicario
Other changes in directors holding office are as follows:
M E Maron - resigned 16 December 2023
D Waltersdorfer - appointed 16 December 2023
STATUS
The company is limited by guarantee. The liability of each member is limited to £5.
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating tosmall companies.
ON BEHALF OF THE BOARD:....................................................................
G C A Rischard - Director
Date: .............................................

Page 2

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)INCOME STATEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
2023
£2022
£TURNOVER

445,794

374,424

Cost of sales

76,485

164,003

GROSS SURPLUS

369,309210,421

Administrative expenses

358,370

255,040

10,939(44,619)

4,892

864

15,831(43,755)

Interest payable and similar expenses

4,812

2,030

SURPLUS/(DEFICIT) BEFORE TAXATION

11,019(45,785)-4,973

11,019(50,758)

Notes

OPERATING SURPLUS/(DEFICIT)

4

Interest receivable and similar income

Tax on surplus/(deficit)
SURPLUS/(DEFICIT) FOR THE
FINANCIAL YEAR

The notes form part of these financial statements
Page 3

OPENSTREETMAP FOUNDATION (REGISTERED NUMBER: 05912761)(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023
2023
Notes
FIXED ASSETS
Tangible assets£5

CURRENT ASSETSDebtors
Cash at bank

6

CREDITORS
Amounts falling due within one year

72022
££

54,415£96,56389,284640,940

53,092567,272

730,224

620,364

81,862

25,169NET CURRENT ASSETS

648,362595,195

TOTAL ASSETS LESS CURRENT
LIABILITIES

702,777

691,758

RESERVES
Income and expenditure account702,777

691,758

702,777

691,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 December 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2023 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of theCompanies Act 2006 and(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at theend of each financial year and of its surplus or deficit for each financial year in accordance with therequirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies
Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Board of Directors and authorised for issue on............................................. and were signed on its behalf by:....................................................................
G C A Rischard - Director

The notes form part of these financial statements
Page 4

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1.

STATUTORY INFORMATIONOpenStreetMap Foundation is a private company, limited by guarantee, registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

2.

ACCOUNTING POLICIESBasis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions ofSection 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared
under the historical cost convention.
TurnoverTurnover is measured at the fair value of the consideration received or receivable, excluding discounts,rebates, value added tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimateduseful life.
Plant and machinery etc- 25% on cost
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have beenenacted or substantively enacted by the statement of financial position date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at thestatement of financial position date. Transactions in foreign currencies are translated into sterling at therate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving
at the operating result.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company'spension scheme are charged to profit or loss in the period to which they relate.

3.

EMPLOYEES AND DIRECTORSThe average number of employees during the year was 8 (2022 - 8).

Page 5continued...

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
4.

OPERATING SURPLUS/(DEFICIT)
The operating surplus (2022 - operating deficit) is stated after charging:
2023£50,154

Depreciation - owned assets

5.

2022
£55,032TANGIBLE FIXED ASSETS
Plant andmachineryetc
£

6.

COST
At 1 January 2023
Additions
Disposals

356,814
9,283(37,171)

At 31 December 2023

328,926

DEPRECIATION
At 1 January 2023
Charge for year
Eliminated on disposal

260,251
50,154(35,894)

At 31 December 2023

274,511

NET BOOK VALUEAt 31 December 2023

54,415

At 31 December 2022

96,563

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors

7.

2023
£
75,753
13,531

2022£
35,94917,14389,28453,092

2023£
21,091
3,928
56,843

2022
£
9,568
9,564
6,037

81,86225,169

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Taxation and social security
Other creditors

Page 6continued...

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
8.

RELATED PARTY DISCLOSURESThe company is jointly controlled by the directors.

9.

ULTIMATE CONTROLLING PARTY
There is no ultimate controlling party.

Page 7

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
OPENSTREETMAP FOUNDATIONAs described on the Statement of Financial Position you are responsible for the preparation of the financial
statements for the year ended 31 December 2023 set out on pages three to seven and you consider that thecompany is exempt from an audit.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations suppliedto us.

Chater Allan LLP
Chartered Accountants
7 Quy Court
Colliers Lane
Stow-cum-Quy
Cambridgeshire
CB25 9AU
Date: .............................................

This page does not form part of the statutory financial statements
Page 8

OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)DETAILED INCOME AND EXPENDITURE ACCOUNTFOR THE YEAR ENDED 31 DECEMBER 2023
2023
£TurnoverDonations
Miscellaneous income
Conference registrations
Merchandising and commission
Conference sponsorship
Fiscal sponsor income
Membership - corporate
Membership - individual2022£

175,307
2,848
59
9,654
33,779205,383
18,764£
133,759
30,55082
91,216
104,083
14,734445,794
Cost of sales
Scholarship costs
Conference costs
Fiscal sponsor expenses
Contractors

846
34,98940,650GROSS SURPLUS
Other income
Bank interest

Expenditure
Wages
Social security
Pensions
Printing, postage and stationery
Travelling
Insurance
Website and computer costs
Software subscriptions
Administrative fees
Staff benefits
Accountancy
Professional fees
Legal fees
Donations
Bad debts

76,485

164,003369,309210,421

4,892

864

374,201

211,285

73,166
4,575
5,065
355
2,734
7,437
49,0992,353
71,724
9,276
2,365
758
884
5,697
304,629

235,488

69,572(24,203)

This page does not form part of the statutory financial statements
Page 9374,424

8,148
87,52768,328

117,601
9,433
7,832
158
3,129
5,783
57,575
2,272
71,438
3,915
9,100
5,078
10,054
1,261

Carried forward£OPENSTREETMAP FOUNDATION(A COMPANY THE LIABILITY OF WHOSE
MEMBERS IS LIMITED BY GUARANTEE)DETAILED INCOME AND EXPENDITURE ACCOUNTFOR THE YEAR ENDED 31 DECEMBER 2023
2023
£Brought forward
Finance costs
Exchange rate varianceBank charges and interest2022£
69,572

3,571
4,812

Depreciation
Computer equipment

Loss on disposal of fixed assets
Computer equipment
NET SURPLUS/(DEFICIT)£(35,480)
2,030
8,383

(33,450)

61,1899,247

50,15455,032

11,035(45,785)

16-

11,019(45,785)

This page does not form part of the statutory financial statements
Page 10£(24,203)